Charles Sumner: “But it is to be borne in mind that both these metals have positive…”

On the record

But it is to be borne in mind that both these metals have positive value in the market equivalent to that of coin; so that coin is value itself.

Said by

Massachusetts

Source

Sumner emphasizes that gold and silver have intrinsic market value, equating them to coin.

More from Charles Sumner

Working-men of Europe, desire abolition of war, XVIII. 236.

Early testimony of the Church against, I. 59.

Opening of United States courts to colored, XI. 389.

Slavery and the: speech in New York, XI. 433.

Other voices in this conversation

Charles Sumner: “But it is to be borne in mind that both these metals have positive value in the market equivalent to that of coin; so…”