On the record
The mischief would be great indeed if all the world were to adopt but one of the precious metals as the standard of value.
Source
gutenberg.orgJohn Sherman: “The mischief would be great indeed if all the world were to adopt but one of the precious metals as the standard of…”
Editor's note · Context
Sherman warns against the dangers of adopting a single precious metal as the standard of value, emphasizing the need for diversity in currency.
Share
More from John Sherman
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
Other voices in this conversation
