Summary

Portrait of Carl Schurz Carl Schurz Carl Schurz to Mr. Gage

In short, the Republicans, controlling both the legislative and the executive branches of the Government, will, next Winter, have ample power and opportunity to do what they ought to have done at the last session — to put the currency law in such a shape that the gold standard cannot possibly be shaken by executive action, no matter who may occupy the Presidential Chair — and thus remove, to that extent at least, the basis of our monetary system from the changeful game of party politics.
Source: Wikisource

Portrait of Carl Schurz Carl Schurz Carl Schurz to Mr. Gage

Do you see any reason for doubting that Congress at its next session will do this? It is quite evident that, if there is any substance at all in your predictions of disaster, the Republicans in Congress cannot refuse to do it without proving that the professed solicitude of the Republican Party for the maintenance of the gold standard is arrant hypocrisy.
Source: Wikisource

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