Political Quotes

John Sherman: “It would seem to be expedient to recognize this controlling fact--one that no nation alone can change--by a careful…”

On the record
It would seem to be expedient to recognize this controlling fact--one that no nation alone can change--by a careful readjustment of the legal ratio for coinage of one to sixteen, so as to conform to the relative market values of the two metals.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues for adjusting the legal coinage ratio of silver to gold based on market values.

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