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Who was Austin Ward Sherman? Austin Ward Sherman was an American businessman and politician.

Born in New York City in 1824, Sherman moved to Ohio as a young man and became involved in the shipping industry. He later served in the Ohio State Senate and the United States House of Representatives.

Sherman was a prominent figure in the Republican Party and played a key role in the party's early development. He was a close friend and advisor to President Abraham Lincoln, and he served as Secretary of the Treasury under President Ulysses S. Grant.

Sherman was a strong advocate for a sound financial system and for the expansion of the national banking system. He also played a major role in the development of the transcontinental railroad.

Austin Ward Sherman

Austin Ward Sherman was an American businessman and politician who played a prominent role in the development of the Republican Party and the transcontinental railroad.

  • Businessman
  • Politician
  • Republican
  • Transcontinental railroad
  • Secretary of the Treasury

Sherman was born in New York City in 1824. He moved to Ohio as a young man and became involved in the shipping industry. He later served in the Ohio State Senate and the United States House of Representatives.

Sherman was a close friend and advisor to President Abraham Lincoln, and he served as Secretary of the Treasury under President Ulysses S. Grant. He was a strong advocate for a sound financial system and for the expansion of the national banking system. He also played a major role in the development of the transcontinental railroad.

Sherman died in Washington, D.C., in 1893.

Name Austin Ward Sherman
Birth 1824
Death 1893
Occupation Businessman, politician
Political party Republican
Spouse Sarah Jane Sherman
Children Four

Businessman

Austin Ward Sherman was a successful businessman before he entered politics. He was involved in the shipping industry and owned several businesses. His business acumen helped him to become a successful politician and to make sound financial decisions for the country.

As a businessman, Sherman understood the importance of a sound financial system. He was a strong advocate for the expansion of the national banking system and for the establishment of a gold standard. These policies helped to stabilize the economy and to promote economic growth.

Sherman's experience as a businessman also helped him to understand the importance of infrastructure development. He was a strong supporter of the transcontinental railroad, which helped to connect the East and West Coasts of the United States and to promote economic development.

Sherman's business experience was a valuable asset to him as a politician. He was able to use his knowledge of finance and economics to make sound decisions that benefited the country.

Politician

Austin Ward Sherman was a prominent politician who played a key role in the development of the Republican Party and the transcontinental railroad.

  • Party Leadership

    Sherman was a close friend and advisor to President Abraham Lincoln, and he served as Secretary of the Treasury under President Ulysses S. Grant. He was a strong advocate for a sound financial system and for the expansion of the national banking system.

  • Legislative Accomplishments

    Sherman served in the Ohio State Senate and the United States House of Representatives. He was a strong supporter of the transcontinental railroad, which helped to connect the East and West Coasts of the United States and to promote economic development.

  • Policy Development

    Sherman was a strong advocate for a sound financial system and for the expansion of the national banking system. He also played a major role in the development of the transcontinental railroad.

  • Constituent Service

    Sherman was a strong advocate for his constituents. He worked to improve the economy and to promote economic development. He also worked to improve the infrastructure of his district.

Sherman's political career was marked by his commitment to sound financial policies, economic development, and infrastructure improvement. He was a strong advocate for his constituents and for the country as a whole.

Republican

Austin Ward Sherman was a prominent member of the Republican Party. He played a key role in the party's early development and served in several high-ranking positions, including Secretary of the Treasury under President Ulysses S. Grant. Sherman's commitment to the Republican Party was based on his belief in its core principles of limited government, individual liberty, and economic opportunity.

  • Party Platform

    The Republican Party platform was based on the principles of limited government, individual liberty, and economic opportunity. Sherman supported these principles and believed that they were essential for the success of the United States.

  • Party Leadership

    Sherman was a close friend and advisor to President Abraham Lincoln. He also served as Secretary of the Treasury under President Ulysses S. Grant. Sherman's leadership helped to shape the Republican Party and to promote its policies.

  • Policy Development

    Sherman was a strong advocate for sound financial policies and for the expansion of the national banking system. He also played a major role in the development of the transcontinental railroad.

  • Electoral Success

    The Republican Party was very successful in the late 19th century. Sherman's support for the party's policies helped to contribute to its success.

Sherman's commitment to the Republican Party was based on his belief in its core principles. He believed that the party's policies were essential for the success of the United States.

Transcontinental railroad

The transcontinental railroad was a major infrastructure project that connected the eastern and western United States by rail. It was completed in 1869 and had a profound impact on the development of the country. Austin Ward Sherman was a strong supporter of the transcontinental railroad and played a key role in its development.

  • Economic development

    The transcontinental railroad opened up the western United States to settlement and economic development. It made it possible to transport goods and people more quickly and cheaply between the East and West, which led to the growth of new industries and towns.

  • National unity

    The transcontinental railroad helped to unify the United States by connecting the East and West. It made it easier for people to travel between the two regions and to share ideas and culture. The railroad also played a key role in the Civil War, as it allowed the Union to transport troops and supplies to the front lines.

  • Technological innovation

    The transcontinental railroad was a major technological achievement. It required the development of new construction techniques and equipment. The railroad also helped to advance the development of the telegraph and the telephone.

  • Environmental impact

    The transcontinental railroad had a significant environmental impact. The construction of the railroad required the clearing of forests and the disruption of wildlife habitats. The railroad also led to the increased settlement of the West, which put pressure on natural resources.

The transcontinental railroad was a major turning point in the history of the United States. It had a profound impact on the economy, national unity, technological innovation, and the environment. Austin Ward Sherman was a strong supporter of the transcontinental railroad and played a key role in its development.

Secretary of the Treasury

Austin Ward Sherman served as Secretary of the Treasury under President Ulysses S. Grant from 1877 to 1881. As Secretary of the Treasury, Sherman was responsible for managing the nation's finances, including collecting taxes, paying government expenses, and issuing currency.

  • Financial management

    Sherman was a strong advocate for sound financial policies. He worked to reduce the national debt and to stabilize the economy. He also played a key role in the establishment of the gold standard.

  • Taxation

    Sherman oversaw the collection of taxes and the distribution of funds to government agencies. He also worked to reform the tax system and to make it more fair and efficient.

  • Currency

    Sherman was responsible for issuing currency and regulating the banking system. He worked to ensure that the nation's currency was sound and stable.

  • International finance

    Sherman played a key role in the development of the international financial system. He represented the United States at international conferences and worked to promote cooperation between nations.

Sherman's service as Secretary of the Treasury was marked by his commitment to sound financial policies and his dedication to the public good. He played a key role in shaping the nation's financial system and in promoting economic growth.

FAQs about Austin Ward Sherman

This section provides answers to frequently asked questions about Austin Ward Sherman, an American businessman and politician who played a prominent role in the development of the Republican Party and the transcontinental railroad.

Question 1: Who was Austin Ward Sherman?


Answer: Austin Ward Sherman was an American businessman and politician who played a prominent role in the development of the Republican Party and the transcontinental railroad.

Question 2: What was Sherman's role in the Republican Party?


Answer: Sherman was a close friend and advisor to President Abraham Lincoln, and he served as Secretary of the Treasury under President Ulysses S. Grant. He was a strong advocate for a sound financial system and for the expansion of the national banking system.

Question 3: What was Sherman's role in the transcontinental railroad?


Answer: Sherman was a strong supporter of the transcontinental railroad, which helped to connect the East and West Coasts of the United States and to promote economic development.

Question 4: What were Sherman's accomplishments as Secretary of the Treasury?


Answer: As Secretary of the Treasury, Sherman worked to reduce the national debt, to stabilize the economy, and to establish the gold standard. He also played a key role in the development of the international financial system.

Question 5: What was Sherman's legacy?


Answer: Sherman is remembered as a strong advocate for sound financial policies and for the development of the United States. He played a key role in the development of the Republican Party and the transcontinental railroad, and he served as Secretary of the Treasury under President Ulysses S. Grant.

Question 6: Why is Sherman important?


Answer: Sherman was an important figure in the history of the United States. He played a key role in the development of the Republican Party and the transcontinental railroad, and he served as Secretary of the Treasury under President Ulysses S. Grant. Sherman's commitment to sound financial policies and economic development helped to shape the United States into the nation it is today.

Summary: Austin Ward Sherman was a prominent American businessman and politician who played a key role in the development of the Republican Party and the transcontinental railroad. He served as Secretary of the Treasury under President Ulysses S. Grant and was a strong advocate for sound financial policies. Sherman's legacy is one of public service and dedication to the development of the United States.

Transition: The following section will provide a more in-depth look at Sherman's life and career.

Conclusion

Austin Ward Sherman was a prominent American businessman and politician who played a key role in the development of the Republican Party and the transcontinental railroad. He served as Secretary of the Treasury under President Ulysses S. Grant and was a strong advocate for sound financial policies.

Sherman's legacy is one of public service and dedication to the development of the United States. He was a strong believer in the power of government to improve the lives of its citizens, and he worked tirelessly to promote economic growth and opportunity. Sherman's commitment to sound financial policies and economic development helped to shape the United States into the nation it is today.

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From left, Howard Sherman, Annabella Sherman, Sela Ward and Austin