Encyclopedia > Fourth Coinage Act

  Article Content

Fourth Coinage Act

In 1873, Congress enacted the Fourth Coinage Act ("THE CRIME OF '73") which embraced the gold standard and de-monetized silver. Western mining interests and others who wanted silver in circulation labeled this measure the "Crime of '73". For about 5 years, gold was the only acceptable metallic standard in the United States.

See also:



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
French resistance

... Comite d’Action Socieliste[?] (CAS) - Founded in January 1941 by Daniel Mayer[?], member of the French Socialist Party[?]. Later it was lead by a bookshop keeper ...

 
 
 
This page was created in 34.3 ms