Specie Payment Resumption Act
The Specie Payment Resumption Act commits the Treasury to redeem United States notes in coin from 1879, establishing a timetable for restoring gold convertibility.
Explore 3 historical events and records for United States of America in 1875.
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The Specie Payment Resumption Act commits the Treasury to redeem United States notes in coin from 1879, establishing a timetable for restoring gold convertibility.
The Act schedules redemption of Civil War greenbacks in gold from January 1879.
Begins service as a Republican senator from Massachusetts.
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