On the record
On the other hand, the coinage of silver on government account enables us to maintain the silver coins at par with gold, without respect to the market value of the silver bullion.
Source
gutenberg.orgEditor's note · Context
Sherman explains how government-controlled silver coinage can maintain parity with gold.
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It is not in my blood and these gentlemen cannot put it there.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
The policy of this country ought to be to make everything national as far as possible.
Confiscation is not only justified by the laws of war, by the practice of many nations, but it is practiced by our enemies in the most obnoxious way.
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