Political Quotes

John Sherman: “As the enormous and continuous demand for silver in Asia had not prevented the fall of silver, it was not likely that…”

On the record
As the enormous and continuous demand for silver in Asia had not prevented the fall of silver, it was not likely that the limited demand for silver coin in this country, where paper money then was, and would be, the chief medium of exchange, would cause any considerable advance in its value.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues that limited domestic demand for silver would not significantly increase its value.

Share

More from John Sherman

Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.

gutenberg.org

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.

gutenberg.org

The life of a civilian is in what he says or writes, that of a soldier in what he does.

gutenberg.org

The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.

gutenberg.org

Other voices in this conversation