On the record
The public credit was greatly strengthened by the provision for the payment of interest in coin furnished by duties on imported goods.
Source
gutenberg.orgEditor's note · Context
Sherman discusses how a specific provision strengthened public credit during a financial crisis.
Share
More from John Sherman
Confiscation is not only justified by the laws of war, by the practice of many nations, but it is practiced by our enemies in the most obnoxious way.
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 policy of this country ought to be to make everything national as far as possible.
Some of you broke down the only political organization that could compete with us, and thus gave us an easy victory.
Other voices in this conversation
