Resumption of Specie Payments
GPTKB entity
Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:historical_event
|
| gptkbp:date |
January 1, 1879
|
| gptkbp:effect |
end of fiat currency period in U.S. (1862–1879)
restoration of gold convertibility for U.S. currency |
| gptkbp:enactedBy |
gptkb:Resumption_Act_of_1875
|
| gptkbp:followedBy |
full convertibility of U.S. currency to gold
|
| https://www.w3.org/2000/01/rdf-schema#label |
Resumption of Specie Payments
|
| gptkbp:location |
gptkb:United_States
|
| gptkbp:precededBy |
gptkb:Panic_of_1873
Greenback Era |
| gptkbp:relatedTo |
gptkb:gold_standard
gptkb:U.S._dollar gptkb:United_States_Treasury |
| gptkbp:significance |
marked return to gold standard in U.S.
restored confidence in U.S. currency |
| gptkbp:bfsParent |
gptkb:Presidency_of_Rutherford_B._Hayes
|
| gptkbp:bfsLayer |
7
|