On the record
Gold and silver are now the recognized medium of exchange the civilized world over, and to this we should return with the least practicable delay.
Source
gutenberg.orgEditor's note · Context
Grant advocates for a return to gold and silver as the standard medium of exchange to stabilize the economy.
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More from Ulysses S. Grant
Our course should always be in conformity with strict justice and law, international and local.
Our progress has been great in all the arts--in science, agriculture, commerce, navigation, mining, mechanics, law, medicine, etc.; and in general education the progress is likewise encouraging.
The merchants, manufacturers, and tradesmen of every calling could do business on a fair margin of profit, the money to be received having an unvarying value.
But whatever causes may have produced the situation which so grievously affects our interests, it exists, with all its attendant evils operating directly upon this country and its people.
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