Sherman act Sentence Examples
The Democratic party was even more radically divided on the question of monetary policy than the Republican; and President Cleveland, by securing the repeal of the silver purchase clause in the Sherman Act by Republican votes, had alienated a great majority of his party.
During this period he was largely concerned in the enactment of the Anti-Trust Law of 1890, and of the so-called Sherman Act of the same year, providing for the purchase of silver and the issuing of Treasury notes based upon it.
From 1891 until 1897 he was a member of the United States Senate, in which, during President Cleveland's second term, he was recognized as the chief defender of the Administration, and he was especially active in securing the repeal of the silverpurchase clause of the Sherman Act.
He was the author of the so-called Edmunds Act (22nd of March 1882) for the suppression of polygamy in Utah, and of the anti-trust law of 1890, popularly known as the Sherman Act.
He was a member of the committee on finance throughout his service in the Senate, and his first speech in that body was a defence of the free coinage of silver and a plea for the preservation of the full legal tender value of greenback currency, though in 1893 he voted to repeal the silver purchase clause of the Sherman Act.Advertisement