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“No act of Congress exerted finally a more profound influence upon the country’s monetary, financial, and economic future than the Act to Provide for the Resumption of Specie Payments” signed into law by President Grant on January 14, 1875.” 1 Authored by Senator Edmunds of Vermont and introduced by Senator...
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facweb.furman.edu/~corth/shdb/mediawiki_1.337.html
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This act directed the Treasury Secretary to accumulate gold reserves sufficient to redeem all greenbacks (paper currency) tendered after January 1879. President Grant was a believer in hard money (i.e. that paper money should be backed by gold) and opposed the inflationary policies urged by supporters of soft money...
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www.historycentral.com/rec/SpecieAct.html
www.historycentral.com/rec/SpecieAct.html
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Resumption Of Specie Act- 1875; An act to provide for the resumption of specie payments; And to enable the Secretary of the Treasury to prepare and provide for the redemption in this act authorized or required, he is authorized to use any surplus revenues, from time to time, in the Treasury not otherwise appropriated,
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www.historycentral.com/documents/resumptionspecie.html
www.historycentral.com/documents/resumptionspecie.html
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Specie Payment Resumption Act. Specie Payment Resumption Act summary with 1 pages of encyclopedia entries, research information, and more. ... View More Summaries on Specie Payment Resumption Act...
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www.bookrags.com/Resumption_Act
www.bookrags.com/Resumption_Act
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1875 Specie Resumption Act vintage and historic cartoons and caricatures from the CartoonStock directory - the world's largest on-line collection of cartoons. ... You are looking at the "1875 specie resumption act" cartoon and caricature page from the CartoonStock Vintage Cartoon directory, the web's biggest searchable...
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www.cartoonstock.com/vintage/directory/numbers/1875_spe...
www.cartoonstock.com/vintage/directory/numbers/1875_specie_resumption_act.asp
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Related topics: resumption act, greenback, greenbacks, greenback party, inflation, inflationary, inflationary policy, fiscal policy, financial policy, economic policy, economics, gold standard, specie, specie payments, specie resumption act, ... Criticism for Opponents of 1875 Specie Resumption Act...
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www.cartoonstock.com/vintage/directory/r/resumption_act...
www.cartoonstock.com/vintage/directory/r/resumption_act.asp
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After the Civil War ended, the REsumption of Specie Act was passed in 1875 to return the greenback to a gold standard. ... As a result, the Resumption of Specie Act was passed. This act had three main consequences:
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www.preventtyranny.com/money_1875_specie.htm
www.preventtyranny.com/money_1875_specie.htm
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There was a general feeling throughout the country that specie resumption should be kept in view, and on March 18, 1869, an act of Congress "to strengthen the public credit" was approved.
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www.usgennet.org/usa/topic/preservation/epochs/vol10/pg...
www.usgennet.org/usa/topic/preservation/epochs/vol10/pg19.htm
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