Fourth Coinage Act
From Free net encyclopedia
The Fourth Coinage Act was enacted by the United States Congress in 1873 and 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 metallic standard in the United States.
The act also placed the United States Mint within the United States Department of the Treasury.
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