Political Quotes

George Boutwell: “The adoption by the United States of a silver-using policy led the statesmen of those countries to anticipate the more…”

On the record
The adoption by the United States of a silver-using policy led the statesmen of those countries to anticipate the more extended and continuous use of silver leaving to them a monopoly of gold, while we should sink financially to the level of the degraded states of the world.
Said by
George Boutwell
Massachusetts

Editor's note · Context

Boutwell warns that the U.S. adoption of a silver policy could lead to financial degradation compared to other nations.

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