Political Quotes

John Sherman: “The indications now are that the combinations which were presumed to be operating to keep up the premium have failed so…”

On the record
The indications now are that the combinations which were presumed to be operating to keep up the premium have failed so far in their object, and that, unless unlooked for circumstances should intervene, the premium will be more likely to fall below the present rate than to advance.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman analyzes market conditions, predicting a potential decrease in gold premium rates.

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