 |
|
| ||||||||||||||||||||||||||
|
|
| ||||||||||||||||||||||||||
|
|
|
|
|
| ||||||||
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.
|
||||
| View Live Article | This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License | |
||
