Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Bland–Allison Act
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Free-silver movement== [[Image:william allison.jpg|thumb|left|200px|Portrait of Senator Allison which hangs in the [[United States Capitol|U.S. Capitol]].]] The [[free silver|free-silver movement]] of the late 19th century advocated the unlimited coinage of silver, which would have resulted in [[inflation | inflationary]] [[monetary policy]]. In 1873, Congress had removed the use of silver dollar from the list of authorized coins under the [[Coinage Act of 1873]] (referred to by opponents as 'the Crime of '73'"). Although the Bland–Allison Act of 1878 directed the Treasury to purchase silver from the "best-western" miners, President [[Grover Cleveland]] repealed the act in 1893.<ref name=Agger1918>{{cite journal |last1=Agger |first1=Eugene E. |title=Our Large Change: The Denominations of the Currency |journal=The Quarterly Journal of Economics |date=1918 |volume=32 |issue=2 |pages=257–277 |doi=10.2307/1885428 |jstor=1885428 }}</ref> Advocates of free silver included owners of silver mines in the West, farmers who believed an inclusion of silver would increase crop prices, and debtors who believed it would alleviate their debts. Although the [[Free silver | free silver movement]] ended, the debate of [[inflation]] and [[monetary policy]] continues to this day.
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Bland–Allison Act
(section)
Add topic