On the record
Regarding gold as merchandise, we see how clearly in certain places and under certain circumstances it escapes from the scientific laws applicable especially to coinage.
Source
gutenberg.orgEditor's note · Context
Sumner highlights how gold can sometimes defy traditional economic laws when viewed as merchandise.
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I agree with the Convention in the importance of the new organization; nor do I think there are many candid persons, recognizing morals as the soul of all true politics, who will hesitate in this conclusion.
More precious far at that moment the consolation that he had labored for his fellow-men, and the joyous confidence that all his cares had helped the Progress of his race!
It is larger than the entire profit of all the commerce and manufactures of the world.
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