Political Quotes

John Sherman: “It would inundate us with the vast hoards of silver in countries where silver alone is the current money, and draw to us…”

On the record
It would inundate us with the vast hoards of silver in countries where silver alone is the current money, and draw to us all the rapidly-increasing production of silver mines in the world.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman predicts that free coinage would lead to an influx of silver from countries where it is the main currency.

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