Political Quotes

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.

Share

More from John Sherman

It is not in my blood and these gentlemen cannot put it there.

gutenberg.org

Our gold dollar is certainly as good a unit of value as the franc; and so the English think of their pound sterling.

gutenberg.org

We have done no wrong; we have no apologies to make, and no concessions to offer.

gutenberg.org

How can we avert a calamity at which humanity and civilization shudder?

gutenberg.org

Other voices in this conversation