Political Quotes

John Sherman

The Public Record

John Sherman was an American politician from Ohio who served in federal office throughout the Civil War and into the late nineteenth century. A member of the Republican Party, he served in both houses of the U.S. Congress. He also served as Secretary of the Treasury and Secretary of State. Sherman sought the Republican presidential nomination three times, coming closest in 1888, but was never chosen by the party. Between 1861 and 1897, John Sherman served in the U.S. Senate for nearly 32 years and holds the record for longest serving senator from the state of Ohio.

The loss of interest in maintaining the resumption fund, and the cost of printing and engraving the present amount of United States notes, is less than one-half the interest on an equal sum of four per cent. bonds.

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The public thus saves over seven million dollars of annual interest, and secures a safe and convenient medium of exchange, and has the assurance that a sufficient reserve in coin will be retained in the treasury beyond the temptation of…

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No marked or sudden change, which would tend to destroy or injure domestic industries built up upon faith in the stability of existing laws, should be made in them.

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I recommended that ad valorem duties should be converted into specific duties as far as practicable, and that articles which did not compete with domestic industries, and yielded but a small amount of revenue, should be added to the free…

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Any reduction in the rates imposed a heavy loss to the owner of the stock on hand, while an increase operated as a bounty to such owner.

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Great harm would come to the public interests should the fruits of this experience be lost, by whatever means the loss occurred.

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The opportunity for doing this upon favorable terms should not be lost, and the only question before us, as legislators, is how we can best and most practically take advantage of the hour.

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If successfully accomplished, it will secure a large decrease in the annual interest payment of the nation; and I earnestly recommend, if the bill before me shall fail, that another measure for this purpose be adopted before the present…

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It furnishes a currency to the public which, for convenience and the security of the bill- holder, has probably never been equaled by that of any other banking system.

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To prevent the further organization of banks is to put in jeopardy the whole system, by taking from it that feature which makes it, as it now is, a banking system free upon the same terms to all who wish to engage in it.

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In short, I cannot but regard the fifth section of the bill as a step in the direction of the destruction of the national banking system.

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Our country, after a long period of business depression, has just entered upon a career of unexampled prosperity.

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The withdrawal of the currency from circulation of the national banks, and then enforced winding up of the banks in consequence, would inevitably bring a serious embarrassment and disaster to the business of the country.

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It will destroy confidence and surely check the growing prosperity of the country.

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To him, perhaps, more than to any other one man, is due the resumption of specie payments and the prosperity of this people to-day.

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As a great financier he stands as a peer with Hamilton, with Chase.

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All the evils that fell upon society in the United States during the period, all the grave distress, was simply attributed to me as a fault.

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I was compelled to say 'No' a thousand times where I would gladly have said 'Yes.' I was compelled to decline the advice of men honestly given for a good purpose, because in my judgment that advice would not promote the public good.

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And now, having been elected by you under those adverse circumstances, I feel my heart overflowing with gratitude, and have no words with which to utter my thanks.

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I am glad to know and feel the assurance that you now believe that, under the trying circumstances, I did the best I could to advance the common interest of our common country.

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If any man could be chosen from the State of Ohio to advocate in the American Senate the principles of the Democratic party, there is no man in Ohio, or in the United States, more deserving of that honor than Allen G.

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We never brought Ohio quarrels before the Senate of the United States, and always found that honesty and ability were entirely consistent with gentlemanly courtesy between political opponents.

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Among the many incidents in my life I recall this as one of the happiest, when the bitterness and strife of political contests were laid aside and kindness and charity took their place.

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In all stages of our history we have preserved the public faith by the honest discharge of every obligation.

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I worked hard that winter, for hard work, I thought, was the way to fortune.

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Politicians like John Sherman