Question

Paraphrase the following excerpt from Senator Hill's speech:

"I therefore start out with this proposition, that the Democratic Party stands today in favor of gold and silver as the money of the country; that it stands in favor neither of a silver standard nor of a gold standard, but that we differ as to the means to bring about the result. Those whom I represent and for whom I speak—the sixteen minority members of the committee—insist that we should not attempt the experiment of the free and unlimited coinage of silver without cooperation of other great nations."

Answer 1

Senator Hill's speech highlights the Democratic Party's support for a bimetallic currency system and warns against adopting free silver coinage without international support.

Step-by-step explanation:

The excerpt from Senator Hill's speech can be rephrased as follows: The Democratic Party currently supports the use of both gold and silver as the nation's currency, without exclusively advocating for either a silver-only or gold-only basis. There is a difference in opinion within the party regarding the methods to achieve a bimetallic standard. The group that I represent, which includes sixteen minority members of a committee, strongly believes we shouldn't risk the free and unrestricted minting of silver dollars unless other major countries join us in this approach.