On the record
It was not the intention of the framers of this law to demonetize silver, because they were openly avowed bimetallists, but it limited coinage to silver bought by the government at market price.
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gutenberg.orgIt was not the intention of the framers of this law to demonetize silver, because they were openly avowed bimetallists, but it limited coinage to silver bought by the government at market price.
Sherman clarifies that the framers of the law did not intend to demonetize silver, highlighting their bimetallist views.
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