Political Quotes

John Sherman: “I said I was in favor of both silver and gold, and of using both to be coined upon the basis of market value, that in…”

On the record
I said I was in favor of both silver and gold, and of using both to be coined upon the basis of market value, that in this way the volume of money would be increased instead of being diminished, and our money would become the standard money of the world.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman supports the idea of coining both silver and gold based on market value to enhance the money supply.

Share

More from John Sherman

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.

gutenberg.org

Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.

gutenberg.org

If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.

gutenberg.org

Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.

gutenberg.org

Other voices in this conversation