People's Pilot, Volume 6, Number 19, Rensselaer, Jasper County, 29 October 1896 — James G. Blaine on Silver. [ARTICLE]

James G. Blaine on Silver.

Speaking in the house of representatives on Feb. 7, 1878, Mr. Blaine said: “I believe the struggle now going on in this country and other countries for a single gold standard would, if successful, produce widespread disaster in and throughout the commercial world. The destruction of silver as money and the establishing of gold as the sole unit of value must have a ruinous effect on all forms of property, except those invested which yield a fixed return in money. These would be enormously enhanced in value and would gain a disproportionate and unfair advantage over every other species of property.”