Third State of the Union Address

Third State of the Union Address

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In this 1879 address, President Rutherford said that the most notable features of the year had been the financial operations of the Government that directly affected business interests. He said that America now had a positive balance of trade and that this was due largely to the use of gold and silver coinage instead of notes in trading. There was an increase in the number of gold and silver coins now being minted.

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