The decline of silver enables us now to exchange silver coin of the old standard for fractional currency, leaving the exchange optional with the holder, until we have the courage, as we now have the ability, to redeem it in gold.
Sherman explains the strategic exchange of silver coins for fractional currency to stabilize the economy.
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More from John Sherman
It was the same old story of injustice and wrong, of might against right.
We have done no wrong; we have no apologies to make, and no concessions to offer.
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
The worst evil that could befall our country is civil war, but the outrages in Kansas cannot be continued much longer without producing it.
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