On the record
Their relative value varies from day to day and there is no power strong enough to establish a fixed ratio of value except the concurrence of the chief commercial nations of the world.
Source
gutenberg.orgJohn Sherman: “Their relative value varies from day to day and there is no power strong enough to establish a fixed ratio of value…”
Editor's note · Context
Sherman explains that the relative value of gold and silver fluctuates and cannot be fixed by any single power.
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