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.orgEditor'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
I wrote an adverse report, but it was suppressed in the committee.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
It was the same old story of injustice and wrong, of might against right.
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