Recollections of Forty Years in the House, Senate And Cabinet

Cover Recollections of Forty Years in the House, Senate And Cabinet
Recollections of Forty Years in the House, Senate And Cabinet
Sherman John
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We could only do it bythe issue of bonds, and the process itself would be a very hardone. Besides, it is probable that public opinion and the judgmentof Congress would not sustain such a proposition; and therefore itis hardly worth while to recommend it. We assume, therefore, thatthe $382, 000, 000 is the present limit, and we say that shall bethe maximum limit.
* * * * * "I said it was a compromise by the committee. I speak of a majorityof the committee. As a matter of course my friend is at l
...ibertyto dissent from any of its propositions. On question of this kindcommittees are very rarely unanimous; but I will say that on thispoint a very decided majority of the committee concurred in thesection.
"To the second section I wish to invite the careful and earnestattention of the Senate. This section is an honest effort to dealwith the great problem of redemption. Every Senator who has spokencontemplates that a time must come when all the United States notesmust be redeemed in coin. The public faith of the United Statesis so pledged.


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