Some discrimination in favor of the national system which affords substantial support to the government as compared with the local system, which circulates notes in competition with those issued by the government, seems to me indispensably necessary.
John Sherman: “Some discrimination in favor of the national system which affords substantial support to the government as compared with…”
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gutenberg.orgEditor's note · Context
Sherman emphasizes the importance of a national banking system for government support.
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