The compulsory purchase and coinage of silver by the Government, unchecked and unregulated by business conditions and heedless of our currency needs, which for more than fifteen years diluted our circulating medium, undermined confidence abroad in our financial ability, and at last culminated in distress and panic at home, has been recently stopped by the repeal of the laws which forced this reckless scheme upon the country.
Grover Cleveland: “The compulsory purchase and coinage of silver by the Government, unchecked and unregulated by business conditions and…”
On the recordDecember 1, 1895
Source
presidency.ucsb.eduEditor's note · Context
Third Annual Message (second term)
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