On the record
France and the United States maintain the parity between the two by carefully limiting the coinage and receiving and redeeming silver coins as the equivalent of gold.
Source
gutenberg.orgJohn Sherman: “France and the United States maintain the parity between the two by carefully limiting the coinage and receiving and…”
Editor's note · Context
Sherman explains how France and the U.S. maintain silver and gold parity through limited coinage.
Share
More from John Sherman
The life of a civilian is in what he says or writes, that of a soldier in what he does.
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 family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
Other voices in this conversation
