They believe that that will degrade the money of our country, reduce its purchasing power fully one-third, destroy the bi-metallic system which we have maintained for a long period of time, and reduce us to a single monometallic standard of silver measured by the value of 371¼ grains of pure silver to the dollar.
Sherman warns about the potential negative impacts of free silver on the economy.
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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.
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.
The Union already embraces discordant elements enough without adding others.
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