Without this the effort to preserve the Union would have utterly failed.
Editor's note · Context
Sherman asserts that without the issuance of paper money, the Union's efforts during the Civil War would have failed.
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But some of you may say, all this is very well, but what will you do to save the Union?
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
Because it is framed upon the idea that it is the duty of the government, in imposing taxes, to do as little injury to the industry of the country as possible; that they are to be levied so as to extend a reasonable protection to all…
Is it not, therefore, possible to frame a bill which will punish the prominent actors in the rebellion, proclaim amnesty to the great mass of citizens in the seceding states, and separate them from their leader?





