The Coinage Act of 1873, which demonetized silver, came to be known as the ________ by the silver interests.

Question

Quizplus · Accepted Answer

The Coinage Act of 1873, which effectively ended the bimetallism that had existed in the United States by demonetizing silver, was derogatorily referred to as the "Crime of '73" by those who supported silver interests and were opposed to the act. This term reflects the belief among silver supporters that the act was detrimental to their economic interests.

The Coinage Act of 1873, Which Demonetized Silver, Came to Be