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

Wheatley Heights, New York

... km² (1.4 mi²). 3.5 km² (1.4 mi²) of it is land and none of the area is covered with water. Demographics As of the census of 2000, there are 5,013 ...