What was the specie resumption act?

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1026444

2026-04-03 15:25

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The Specie

Resumption Act promised to put the nation effectively on the gold

standard in 1879. With some convincing, it changed the minds of the

Republican voters who also wanted to continue Greenbacks for the

sake of "easy money." Grant signed this act. Unfortunately, robber

barrons schemed to corner the gold market.

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