I advocated the shorter period, but the House of Representatives, believing that the new bonds would not sell at par unless running for a longer period, insisted that the four per cent. bonds should run for thirty years.
Sherman recounts his advocacy for shorter bond periods in Congress, illustrating the debate over bond terms.
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Nothing is wanting but cultivation to make this a most delightful country.
Let us, my friends, unite in electing him President of the United States.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
Is it not, therefore, possible to frame a bill which will punish the prominent actors in the rebellion, proclaim amnesty to the great mass of citizens in the seceding states, and separate them from their leader?
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