On the record
We had gone through a struggle of some years to make our paper money equal to gold, and the next struggle ought to be to do the same with silver money.
Source
gutenberg.orgEditor's note · Context
Sherman discusses the struggle to ensure that paper money holds equal value to gold and advocates for silver to achieve the same.
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I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
He took strong ground against the repeal of the Missouri Compromise, and in 1859 was a competitor with me for the position of speaker, but withdrew in my favor after the first ballot.
Some of you broke down the only political organization that could compete with us, and thus gave us an easy victory.
It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.
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