On the record
Such was the commercial demand for American silver coins that in 1853 Congress authorized the debasement of the subsidiary silver coins as the only means of securing their circulation.
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gutenberg.orgGeorge Boutwell: “Such was the commercial demand for American silver coins that in 1853 Congress authorized the debasement of the…”
Editor's note · Context
Boutwell describes the commercial demand for American silver coins that led Congress to debase them in 1853 to ensure circulation.
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