John Sherman: “The 2nd Congress undertook to establish the ratio of fifteen of silver…”

On the record

The 2nd Congress undertook to establish the ratio of fifteen of silver to one of gold, with free coinage of both metals.

Said by

Ohio

Source

Sherman describes the Congressional effort to establish a specific gold-to-silver ratio for coinage.

More from John Sherman

It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.

Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.

Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.

The Union already embraces discordant elements enough without adding others.

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John Sherman: “The 2nd Congress undertook to establish the ratio of fifteen of silver to one of gold, with free coinage of both metals.”