On the record
For one I will never agree to the revival of state bank paper money, which cannot be made legal tender, and which, on the first sign of alarm, will disappear or be lost in the hands of the holder.
Source
gutenberg.orgEditor's note · Context
Sherman firmly opposes the revival of state bank paper money due to its instability.
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More from John Sherman
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
The legality of this legislature was denied by the great majority of the people who never acquiesced in or obeyed its enactments, thus taking the only course open to them to secure a lawful government.
We have done no wrong; we have no apologies to make, and no concessions to offer.
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