Political Quotes

John Sherman: “The law itself clearly shows that the silver dollar was not to supersede the gold dollar; nor did Congress propose to…”

On the record
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.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains Congress's intention to establish a bimetallic standard rather than a single silver standard.

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