Encyclopedia > Sherman Silver Purchase Act

Article Content

Sherman Silver Purchase Act

The Sherman Silver Purchase Act of 1890 required the Treasury Department to purchase and coin 4.5 million ounces of silver per month and pay for it with legal tender[?], treasury notes redeemable in gold. This law was a victory for silver forces and inflationists.

Featured Article

Westhampton Beach, New York

... (783.9/mi²). The racial makeup of the village is 89.17% White, 4.63% African American, 0.42% Native American, 1.16% Asian, 0.05% Pacific Islander, 2.84% from ...