Political Quotes

John Sherman: “Do we get more money be demonetizing one-half of all we have?--for the gold now in circulation is more than one-half of…”

On the record
Do we get more money be demonetizing one-half of all we have?--for the gold now in circulation is more than one-half of the coin in circulation.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman questions the logic of reducing the money supply by demonetizing silver, arguing it would not increase available currency.

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