Issued upon the conditions stated, I was of opinion that the silver dollar would be a great public advantage, but that if issued without limit, upon the demand of the owners of silver bullion, it would be a great public injury.
Sherman expresses his opinion that limited issuance of silver dollars could benefit the public, while unlimited issuance would harm it.
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Resolved, That the people who constitute the supreme power in the United States, should guard with jealous care the rights of the several states, as independent governments.
It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.
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.
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.
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