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Encyclopedia > Fourth Coinage Act

In 1873, Congress enacted the Fourth Coinage Act ("The Crime of '73") which embraced the gold standard and de-monetized silver. Western mining interests and others who wanted silver in circulation labeled this measure the "Crime of '73". For about five years, gold was the only acceptable metallic standard in the United States.


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Bland-Allison Act - Wikipedia, the free encyclopedia (156 words)
The Bland-Allison Act of 1878 was a response to the Fourth Coinage Act, or the "Crime of '73!" demonetizing silver.
Representative Richard P. Bland of Missouri introduced this bill for the free coinage of silver at ratio of 16:1 to gold.
The Bland-Allison Act was replaced in 1890 by the Sherman Silver Purchase Act.
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