Specie Payment Resumption Act

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August 31, 2024 2 min read Definitions
Specie Payment Resumption Act of 1875: Legislation to Resume Greenbacks' Convertibility into Gold
Legislation Economics Specie Payment Resumption Act Greenbacks Gold Standard Finance History 19th Century American Legislation
The Specie Payment Resumption Act of 1875 was legislation aimed at reestablishing the convertibility of Greenbacks (the paper currency issued during the Civil War) into gold.
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