Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver;…

Description

Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver is a historical account written in the late 19th century. The text captures a speech delivered by John P. Jones in the United States Senate, focusing on the pressing issues surrounding the free coinage of silver and its implications for the American economy. The likely topic involves the debate over monetary policy, particularly the role of silver and gold in the financial system and the economic distress of the nation during this period. At the start of the speech, John P. Jones outlines what he believes to be one of the most significant issues facing Congress and the country, reflecting on the economic struggles of various classes, from farmers to merchants. He criticizes the prevailing decline in prices of commodities, attributing this to a shrinkage in the volume of money relative to the growing population and economy. The urgency of his remarks highlights the detrimental effects of demonetization and advocates for the return to free coinage of silver as a vital means to restore economic stability and prosperity. (This is an automatically generated summary.)