Political Quotes

On the record
At the end this is my claim for the Mint Bill of 1873: It established the gold standard for the United States for all time.
Said by
George Boutwell
Massachusetts

Editor's note · Context

Boutwell claims that the Mint Bill of 1873 established the gold standard in the United States permanently.

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More from George Boutwell

The speculative advance in gold has brought legitimate business almost to a standstill, owing to the apprehension of a corner, which from appearances may appear at any moment.

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But I am more anxious to deal justly by them because they are men.

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He was the possessor of an elastic spirit; he was always hopeful of the future and in adversity he saw or fancied that he saw, days of prosperity for himself, for his party, for the commonwealth and for the country.

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Indeed, one may go still further, and say that it is not safe to trust the guidance of the Government in financial affairs to men whose life business it has been to convert information into gold.

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