It seems to me that the whole object of the passage of this bill is to place it within the power of the Secretary of the Treasury to contract the currency of the country, and thus, as I think, to produce an unnecessary strain upon the people.
John Sherman: “It seems to me that the whole object of the passage of this bill is to place it within the power of the Secretary of the…”
Editor's note · Context
He asserts that the bill's true aim is to allow the Secretary of the Treasury to tighten the currency, which he believes is unnecessary.
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More from John Sherman
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.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
The Union already embraces discordant elements enough without adding others.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.





