The law itself clearly shows that the silver dollar was not to supersede the gold dollar; nor did Congress propose to adopt the single standard of silver, but only to create a bimetallic standard of silver and gold, of equal value and equal purchasing power.
John Sherman: “The law itself clearly shows that the silver dollar was not to supersede the gold dollar; nor did Congress propose to…”
Editor's note · Context
Sherman explains Congress's intention to establish a bimetallic standard rather than a single silver standard.
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