Political Quotes

John Sherman: “To adopt gold alone would diminish the specie currency more than one-half; and the reduction the other way, should…”

On the record
To adopt gold alone would diminish the specie currency more than one-half; and the reduction the other way, should silver be taken as the only standard, would be large enough to prove highly disastrous to the human race.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman discusses the potential disastrous effects of adopting either gold or silver as the sole standard of currency.

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