No man will carry to the mint one ounce of gold to be coined into dollars when he can carry sixteen ounces of silver, worth but little more in the market than half an ounce of gold, and get the same number of dollars.
Sherman illustrates why individuals would prefer to carry silver over gold for coinage.
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More from John Sherman
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
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…
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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