Multiple Choice

-As land speculation went out of control in 1836, Jackson adopted the Specie Circular, which required that _.
A) settlers who could not afford to purchase land from the government could get easy terms of credit from state banks
B) all land purchases from the government be paid with hard currency backed by gold and silver
C) the government stop selling land to speculators
D) all sales of federal land be done through bank notes
Correct Answer:
Verified
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