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Yet not, gold and silver coins always been granted, inducing the decline of one’s newly published notes due to Gresham’s law. Inside 1869, Supreme Legal governed in the Hepburn v. Griswold you to Congress could not want loan providers to accept Us Notes, but overturned one governing next 12 months in the Legal tender Times. Inside the 1875, Congress introduced the fresh Specie Payment Resumption Work, requiring the fresh Treasury to let You.S.
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