Resumption of specie payments in USA

Historical Context Note

Litencyc Editors (Independent Scholar - Europe)
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The Specie Payment Resumption Act is passed in the USA. This allows paper currency to be redeemed for gold, which had been suspended since 1873.

24 words

Citation: Editors, Litencyc. "Resumption of specie payments in USA". The Literary Encyclopedia. First published 30 December 2011 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=18780, accessed 23 November 2024.]

18780 Resumption of specie payments in USA 2 Historical context notes are intended to give basic and preliminary information on a topic. In some cases they will be expanded into longer entries as the Literary Encyclopedia evolves.

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