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Currency Bill Defines Standard of Value and Bond Exchanges
A proposed act outlines a new standard of value for the United States dollar at 25.8 grains of gold and sets rules for treasury notes, silver certificates, and gold certificates. It details reserve fund requirements, bond exchanges, and the issuance limits for subsidiary silver coin and circulating notes, aiming to fund the public debt and enable potential international bimetallism.
MENTIONED IN THIS ARTICLE
United States
Treasury
Hald Cain
Hall
Unites
General Fund Treasury
General Treasury of the
United
Treaswes
National Banking Association
General Fund of
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Secretary of the Treasury
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