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.
John Sherman: “The decline of silver enables us now to exchange silver coin of the old standard for fractional currency, leaving the…”
Editor's note · Context
Sherman explains the strategic exchange of silver coins for fractional currency to stabilize the economy.
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Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
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.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
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.





