Bland-Allison Act
Congress requires Treasury silver purchases while gold remains the principal redemption standard.
Explore 4 historical events and records for United States of America in 1878.
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Congress requires Treasury silver purchases while gold remains the principal redemption standard.
Hayes vetoes the Bland-Allison Act because compulsory silver purchases could weaken the gold-based monetary system, although Congress immediately overrides the veto.
Dismissed after an investigation into the corrupt practices of the customs house
Graduates from Yale, ranking second in his class out of 121
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