There is but one provision in it that I would change and that is to strike out the compulsory purchase of a given quantity of silver and give authority to the Secretary of the Treasury to buy silver bullion at its market price when needed for subsidiary coinage.
Sherman proposes a modification to the Sherman Act to allow more flexible silver purchasing by the Treasury.
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What a pity, he said, it would have been if so great a country as the United States had been disrupted on account of slavery.
How can we avert a calamity at which humanity and civilization shudder?
Our gold dollar is certainly as good a unit of value as the franc; and so the English think of their pound sterling.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
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