With a narrow view of the powers of the national government, Congress had repeatedly refused to authorize a national bank, a policy I heartily approve, not from a doubt of the power of Congress to grant such a charter, but from the danger of intrusting so vast a power in a single corporation, with or without security.
Sherman expresses his approval of Congress's refusal to authorize a national bank due to potential risks.
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More from John Sherman
I worked hard that winter, for hard work, I thought, was the way to fortune.
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
But some of you may say, all this is very well, but what will you do to save the Union?
What boy did not feel the gushings of patriotic emotion when one of these old veterans appeared upon the stage.
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