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Why did industrialists oppose the increased coinage of silver during the nineteenth century?
Wiki User
∙ 14y ago
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Wiki User
∙ 14y ago
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Which president put Lincoln on the penny?
Theodore Roosevelt. He was the force behind changing US coinage at the turn of the century.
Why did the Coinage Act 1873 cause protest?
The Coinage Act of 1873 stopped the minting of silver coins.
Who Favored free coinage of silver?
The southerners and the westerners primarily favored the free coinage system.
What cabinet officer responsible for coinage of money?
The Department of the Treasury manages our nation's finances, is responsible for coinage and printing of money, enforces money laws, and runs the Secret Service.
The free coinage of Western senators is related directly to the silver vs gold debate.?
True
Why did the industrialists oppose the increased coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Why did industrialists oppose the increase coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
What types of groups in the gilded age did NOT support increased coinage of silver?
Farmers
What a ancient Greece coin is called?
They started to use coinage in the later 7th Century BCE.
Which president put Lincoln on the penny?
Theodore Roosevelt. He was the force behind changing US coinage at the turn of the century.
What is the value of 15 century English silver coinage?
There are far too many coins to list here. Go to your local library and look for a Coins of England coin catalogue. Henry IV - 1399-1413 - Two issues of coinage Henry V - 1413-1422 - One issue of coinage Henry VI - 1422-1461 - Twelve issues of coinage Edward IV - 1461-1470 - Two issues of coinage Henry VI (restored) - 1470-1471 - One issue of coinage Edward IV (second reign) - 1471-1483 - One issue of coinage Edward V - 1483 - One issue of coinage Richard III - 1483-1485 - One issue of coinage Henry VII - 1485-1509 - Two issues of coinage
What is a sentence for the word coinage?
Coinage could be accurately described as neology.The recent coinage of the word redonkulous is suspect.
Coinage act called for?
The Coinage Act of established the United States coinage system. It was also commonly known as the Mint Act.
What rhymes with coinage?
The following words rhyme with coinage - forage storage linage package
How much is the first set of decimal coinage worth?
The answer will depend on which country's coinage the question is about.
What is the lightest coinage metal?
Alluminum is probably the lightest of coinage metals used to-date.
What does d stand for in coinage?
In us coinage the d is a mint mark of the Denver Colorado mint.
