On the record
The silver we purchased is not worth as much as we paid for it, but this loss is insignificant compared to our gain by the defeat of the free coinage of silver.
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gutenberg.orgJohn Sherman: “The silver we purchased is not worth as much as we paid for it, but this loss is insignificant compared to our gain by…”
Editor's note · Context
Sherman acknowledges the financial loss from purchasing silver but considers it a worthwhile sacrifice to prevent free coinage.
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More from John Sherman
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
The Union already embraces discordant elements enough without adding others.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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