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
BBC News 24

... at first only cable television subscribers could view it. In 1999, with the advent of digital television in the UK, satellite viewers were able to view the service. The ...

 
 
 
This page was created in 30.3 ms