Political Quotes

John Sherman: “Bimetallism could only exist where the market value of the two metals approached the coinage value, or where a strong…”

On the record
Bimetallism could only exist where the market value of the two metals approached the coinage value, or where a strong government, with a good credit, received and paid out coins of each metal at parity with each other.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman defines the conditions necessary for bimetallism to exist, emphasizing the need for parity between gold and silver.

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