Bland-Allison Act in the United States
Introduction to Bland-Allison Act (1878)
In the context of the legal history: The original bill proposed by Representative Bland and supported by the western states suggested the unlimited coinage of silver, but it did not pass the Senate. Senator Allison amended the original to require the treasury to purchase between $2 million and $4 million of silver bullion each month at market value. This silver was to be minted into silver dollars and made legal tender. The act was eventually replaced by the Sherman Silver Purchase Act (1890).
Resources
In the context of the legal history:
See Also
- International Treaties
- Multilateral Treaties