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Republican campaign poster of 1896 attacking free silver. Free silver was a major economic policy issue in the United States in the late 19th century. Its advocates were in favor of an expansionary monetary policy featuring the unlimited coinage of silver into money on-demand, as opposed to strict adherence to the more carefully fixed money supply implicit in the gold standard.
The people of the South and the West had for years been convinced of the enormity of the "crime of 1873", and they had long since come to regard silver as the sword that would cut the Gordian knot of privilege. Consciousness of grievances of years and not of months was reflected in the decisive action of the state Democratic conventions in the ...
People began to refer to the passage of the Act as the Crime of '73. Prompted by a sharp decline in the value of silver in 1876, Congressional representatives from Nevada and Colorado, states responsible for over 40% of the world's silver yield in the 1870s and 1880s, [16] began lobbying for change.
Greeks were also known to put a coin known as Charon's obol in the mouths of deceased people. [3] In the example of Jewish bereavement, there is some archeological evidence dating to the first century A.D. which suggests that Jewish people placed coins over the eyes of the dead. It is not clear that this practice was common.
The Bicentennial of the Constitution Coins and Medals Act (Pub. L. 99–582) authorized the production of two coins, a silver dollar and a gold half eagle, to commemorate the bicentennial of the signing of the US Constitution. The act allowed the coins to be struck in both proof and uncirculated finishes. [1]
Pollster Nate Silver said that a 50/50 forecast for the presidential election means that people should start planning for the possibility that former President Trump takes back the White House in ...
The Sherman Silver Purchase Act was a United States federal law enacted on July 14, 1890. [1] The measure did not authorize the free and unlimited coinage of silver that the Free Silver supporters wanted. It increased the amount of silver the government was required to purchase on a recurrent monthly basis to 4.5 million ounces.
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