U.S. History

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Thomas J. DiLorenzo

The Gold Standard Act of 1890, which officially established the gold standard in America, was the culmination of a twenty-year battle between inflationists, who favored unlimited government purchase of silver (the "Free Silver" movement), and the advocates of sound money based on the gold standard. The inflationists were led by Senator John Sherman, author of the 1890 Sherman Silver Purchase Act (as well as the monopolistic Sherman Antitrust Act), brother of Gen. William Tecumseh Sherman.

Clyde Wilson

Just a few years ago we had a bicentennial celebration of the Constitution. Republicanism and federalism, the two most salient features of the Constitution, were never mentioned. Instead we had a glorification of multiculturalism and the central state.