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August 1, 2025
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feb 1, 1890 - Sherman Silver Purchase Act

Description:

increased the amount of silver the government had to buy each month to 4.5 million ounces; But only temporarily stopped decline of gold; in 1894, sank to $41 million in treasury for gold

Added to timeline:

4 months ago
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0
146

Date:

feb 1, 1890
Now
~ 135 years ago