FTP, name this act of 1878, passed to allow the United States Treasury to coin free silver.
The first version of this act adequately addressed the concerns of western debtors, clearing the House of Representatives the year 14 Greenback-Labor representatives took office. Its failure in the Senate prompted an Iowa senator to restrict the amount of the amount of raw material to be purchased to 2 to 4 million dollars worth. It was hindered by President Hayes' decision never to buy the full amount of bullion permitted, and its failure to alleviate debts from the Panic of '73 led to an 1890 replacement, the Sherman Silver Purchase Act. FTP, name this act of 1878, passed to allow the United States Treasury to coin free silver.
The first version of this act adequately addressed the concerns of western debtors, clearing the House of Representatives the year 14 Greenback-Labor representatives took office.
Bland-Allison Act