Political Quotes

On the record
The only danger in our present currency is that the amount may be increased to a sum that cannot be maintained at par with coin, but the same or a greater danger would exist if the volume of paper money should be left to the interested opinion of bankers alone.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman warns against allowing bankers to control the volume of paper money, as it could lead to instability.

Share

More from John Sherman

This power in the hands of a few is at this moment the disturbing element in many of our great industries.

gutenberg.org

Morrill's bill is a great improvement on the tariff of 1857.

gutenberg.org

It was the same old story of injustice and wrong, of might against right.

gutenberg.org

Let us, my friends, unite in electing him President of the United States.

gutenberg.org

Other voices in this conversation