If the market value of the silver in it was less than that of gold coin of the same denomination, and it was issued in unlimited qualities, and made a legal tender for all debts, it would demonetize gold and depreciate our paper money.
Sherman warns that unlimited issuance of silver coins could undermine the value of gold and paper money.
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How can we avert a calamity at which humanity and civilization shudder?
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
That is all we ask, and what we demand at all hazards.
It is impossible for an American to visit Paris without enjoyment and instruction.
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