Rutherford Hayes actually said...

The importation of manufactured goods was at the same time reduced in an equal degree.

For fully twenty years previous to 1877 the shipment of gold was constant and heavy.

The external commerce of the United States has for many years been the subject of solicitude because of the outward drain of the precious me...

A return to excessive imports or to a material decline in export trade would render possible a return to the former condition of adverse bal...