On the record
That the demonetization of silver tends to add to the value of gold, and that though the relative value ebbs and flows it is more stable compared to gold than any other metal, grain, or production.
Source
gutenberg.orgJohn Sherman: “That the demonetization of silver tends to add to the value of gold, and that though the relative value ebbs and flows…”
Editor's note · Context
Sherman discusses the impact of silver demonetization on gold's value, highlighting its relative stability.
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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.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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