Political Quotes

John Sherman: “A country that does not rest her industry upon specie is necessarily excluded from the great manufacturing industries of…”

On the record
A country that does not rest her industry upon specie is necessarily excluded from the great manufacturing industries of modern civilization, and is self-condemned to produce only the raw basis for advanced industry.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman warns that without a specie standard, a country limits itself to producing only raw materials.

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