14 juill. 1890 - Sherman Silver Purchase Act
Description:
This act was passed in order to please the increasing complaints of the farmers and miners. It required the Secretary of Treasury to purchase 4.5 million ounces of silver at the market price. It is significant because the Act caused inflation, allowing farmers to pay off some of their debts.Ajouté au bande de temps:
Date:
14 juill. 1890
Maintenaint
~ Il y a 134 ans