cbc58
03-02-2009, 04:19 PM
In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic.
Spirit of '76
03-03-2009, 04:19 AM
In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic.
Yeah, that was a huge issue at the end of the 19th century.
http://en.wikipedia.org/wiki/Free_Silver
http://en.wikipedia.org/wiki/Bimetallism
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