On the record
The vital difference between the free coinage of silver, and the limited coinage of that metal on government account, is that with free coinage the standard of value would be the cheaper money.
Source
gutenberg.orgJohn Sherman: “The vital difference between the free coinage of silver, and the limited coinage of that metal on government account, is…”
Editor's note · Context
Sherman distinguishes between free and limited coinage of silver, emphasizing the implications for currency value.
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