In my judgment, the Government cannot afford to sell gold during the next three months while the crops are being marketed, and if such a policy were announced, it would immediately cause a high export of bread- stuffs and an active fall trade.
Boutwell argues against selling gold during the harvest season to avoid negative impacts on the market.
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This fact furnishes a pretext for efforts to make money while in the public service.
He was deeply pained by the unjust attacks and groundless criticism of which he was the subject, but he accepted the adverse judgment of the Senate as a constitutional binding decision of the question, and of that decision he never…
On the other hand, I claimed that all thought of the further use of silver should be postponed until the attempt to secure the co-operation of other countries had been tried faithfully.
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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