Passed over the veto of Rutherford Hayes and providing for a 16 to 1 ratio irrespective of market value, for ten points, identify this 1878 piece of legislation which resumed silver coinage, named for a senator from Iowa and a Missouri representative, which was supplanted by the 1890 Sherman Silver Purchase Act.
With Nelson Aldrich, Oliver Platt, and John Spooner, one sponsor of this piece of legislation made up "the Four" in the Senate, and was later instrumental in the passage of the Hepburn Act. This legislation was part of a compromise reached by the 45th Congress that also included the passage of the Resumption Act, and supporters of this measure also decried the "Crime of '73" which took place during the Grant administration. Passed over the veto of Rutherford Hayes and providing for a 16 to 1 ratio irrespective of market value, for ten points, identify this 1878 piece of legislation which resumed silver coinage, named for a senator from Iowa and a Missouri representative, which was supplanted by the 1890 Sherman Silver Purchase Act.
With Nelson Aldrich, Oliver Platt, and John Spooner, one sponsor of this piece of legislation made up "the Four" in the Senate, and was later instrumental in the passage of the Hepburn Act.
{Bland-Allison} Silver Purchase Act