Calendar of Historical Events
January 14, 1875
Paper vs. Coin
House passes the Specie Resumption Act, which puts in motion a program for the Treasury Department begin to exchange legal tender for gold on January 1, 1879.
Economics & personal finance resources for k-12
Council for Economic EducationPaper vs. Coin
House passes the Specie Resumption Act, which puts in motion a program for the Treasury Department begin to exchange legal tender for gold on January 1, 1879.