Political Quotes

John Sherman: “The discrimination in favor of banks of circulation ran through all the tax laws, while other corporations, such as…”

On the record
The discrimination in favor of banks of circulation ran through all the tax laws, while other corporations, such as railroad companies, insurance companies and the like, were subject to heavy taxes.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman critiques the tax laws that favor banks over other corporations, highlighting a significant issue in financial regulation.

Share

More from John Sherman

It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.

gutenberg.org

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.

gutenberg.org

Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.

gutenberg.org

Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…

gutenberg.org

Other voices in this conversation