Encyclopedia > Specie Circular

Article Content

Specie Circular

The Specie Circular was issued by President Andrew Jackson in 1836. It required payment for public lands be in gold and silver specie or certain sound money. Thus, much paper money was instantly devalued. This executive order contributed to the Panic of 1837.

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

Autocracy

... - Wikipedia <<Up Contents Autocracy Autocracy is a form of government which resides in the absolute power of a single individual. The ...