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Resumption Act

The Resumption Act of 1875 provided for the redemption of United States paper currency, known colloquially as greenbacks[?], in gold beginning in 1879. This sound money program reduced amount of paper money and restored confidence in it. It was opposed by the pro-silver faction.



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... articles comes from the CIA World Factbook 2000 and the 2003 U.S. Department of State website. External Links Brasil.gov.br (http://www.brasil.gov.br) - Official ...

 
 
 
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