Bland–Allison Act

Bland–Allison Act
Long title	An Act to authorize the coinage of the standard silver dollar, and to restore its legal-tender character.
Enacted by	the 45th United States Congress
Effective	February 28, 1878
Citations
Public law	45–20
Statutes at Large	20 Stat. 25
Legislative history
	Introduced in the House as H.R. 1093; Passed the House on November 5, 1877 (163–34); Passed the Senate on February 15, 1878 (48–21) with amendment; House agreed to Senate amendment on February 21, 1878 (passed); Vetoed by President Rutherford B. Hayes on February 28, 1878; Overridden by the House on February 28, 1878 (196–73); Overridden by the Senate and became law on February 28, 1878 (46–19);

The Bland–Allison Act, also referred to as the Grand Bland Plan of 1878, was an act of the United States Congress requiring the U.S. Treasury to buy a certain amount of silver and put it into circulation as silver dollars. Though the bill was vetoed by President Rutherford B. Hayes, the Congress overrode Hayes's veto on February 28, 1878, to enact the law. The text of the act can be found in the Congressional Record under the further reading section of this article.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.