Bland-Allison Act (policy) (dec 17, 1878 – dec 17, 1893)
Description:
Event : The U.S. Treasury was required to purchase between 2 million and 4 million dollars’ worth of silver each month from miners at market prices.Impact: Increasing the money supply would raise prices for farmers' goods and make it easier to pay off loans.
Added to timeline:
Date:
dec 17, 1878
dec 17, 1893
~ 15 years