On the record
The result of this policy of contraction was not only to increase the burden of the public debt, but it created serious derangement of the business of the country.
Source
gutenberg.orgEditor's note · Context
Sherman warns that contraction policies not only increased public debt but also disrupted the economy.
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Morrill's bill is a great improvement on the tariff of 1857.
I would regard it as a public calamity to have the power of this House placed, directly or indirectly, under the control of this administration.
If that party had been content with the compromise of 1850, and had faithfully observed the pledges in its platform, there would have been no Civil War.
The worst evil that could befall our country is civil war, but the outrages in Kansas cannot be continued much longer without producing it.
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