Why was the Coinage Act of 1873 also known as the "Crime of '73"?
A) The elimination of silver coinage from circulation made it more difficult for farmers to pay off their debts.
B) The elimination of gold coinage from circulation made it more difficult for farmers to pay off their debts.
C) The printing of paper money backed by silver led to runaway inflation that ruined many large business corporations.
D) Silver coinage had to be implemented because corrupt government officials stole much of the gold reserves set aside for coinage.
Correct Answer:
Verified
Q67: "Jim Crow" refers to _.
A) discriminatory and
Q68: The most basic and fundamental impulse of
Q69: President McKinley settled the currency issue by
Q70: What precipitated the bitter conflict in the
Q71: What was the initial purpose of the
Q73: Which statement about the conflict between American
Q74: Most strikes during the late nineteenth century
Q75: What change, common in both the North
Q76: Which of these prompted the formation of
Q77: Which statement is consistent with the social
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents