On the record
Where gold so abounded, the currency of the country was naturally in this metal, which thus performed its double function of merchandise and money.
Source
gutenberg.orgWhere gold so abounded, the currency of the country was naturally in this metal, which thus performed its double function of merchandise and money.
Sumner notes that gold's abundance in California influenced its role as both merchandise and currency.
Share
More from Charles Sumner
Consent of the governed necessary in forming new governments of, XII. 298.
Opening of United States courts to colored, XI. 389.
Working-men of Europe, desire abolition of war, XVIII. 236.
Women’s National League, petition of, for universal emancipation, X. 300.