The Government's Disastrous Reign over U.S. Money

The Government's Disastrous Reign over U.S. Money

In a nutshell, a dollar was equal to a bit more than 3/4 of an ounce of silver; or, in reverse, an ounce of silver was equal to $1.293. The same act declared that a new coin, called an Eagle, would consist of 247.5 grains of gold and 22.5 grains of

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