C cbc58 Member Joined Feb 7, 2008 Messages 1,654 Mar 2, 2009 #1 In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic.
In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic.
Spirit of '76 Member Joined Jun 13, 2007 Messages 4,128 Mar 3, 2009 #2 cbc58 said: In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic. Click to expand... Yeah, that was a huge issue at the end of the 19th century. http://en.wikipedia.org/wiki/Free_Silver http://en.wikipedia.org/wiki/Bimetallism
cbc58 said: In February of 1873 Congress demonetized silver (i.e. refused silver as payment) resulting in Financial panic. Click to expand... Yeah, that was a huge issue at the end of the 19th century. http://en.wikipedia.org/wiki/Free_Silver http://en.wikipedia.org/wiki/Bimetallism