On the record
Experience not only in this country, but in European countries, has established that a certain amount of silver coin may be maintained in circulation at par with gold, though of less intrinsic bullion value.
Source
gutenberg.orgJohn Sherman: “Experience not only in this country, but in European countries, has established that a certain amount of silver coin may…”
Editor's note · Context
Sherman notes that experience has shown a limited amount of silver can circulate alongside gold.
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More from John Sherman
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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