Political Quotes

On the record
If, on the other hand, the bondholder can legally demand only the kind of money he paid, he is a repudiator and an extortioner to demand money more valuable than he gave.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues that bondholders demanding more valuable payment are acting unethically.

Share

More from John Sherman

We have done no wrong; we have no apologies to make, and no concessions to offer.

gutenberg.org

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.

gutenberg.org

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.

gutenberg.org

It is impossible for an American to visit Paris without enjoyment and instruction.

gutenberg.org

Other voices in this conversation