By existing law, customs duties and the interest of the public debt are payable in coin, and a portion of the duties was specifically pledged as a special fund for the payment of the interest, thus making one provision dependent upon the other.
John Sherman: “By existing law, customs duties and the interest of the public debt are payable in coin, and a portion of the duties was…”
Editor's note · Context
Sherman highlights the legal obligations regarding customs duties and public debt payments in coin.
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The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.





