If the supply is in excess of demand the price will fall, in spite of legislation.
John Sherman: “If the supply is in excess of demand the price will fall, in spite of legislation.”
Editor's note · Context
Sherman emphasizes the importance of supply and demand in determining prices.
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Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
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