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The Brand-Allison Act
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| The Bland-Allison Act called for the treasury to purchase between two and four million dollars of silver monthly to be converted into dollars. The bill was a result of a coalition of mining interests and agrarian and industrial reformers. The later group wished to cause inflation that would benefit the farmers and the workers. |
| The Bland-Allison Act was passed, over President Hayes' veto. It was sponsored by Democratic Representative Richard Bland and Republican Senator William Allison. The goal of the act was to inflate the US currency and thus help the farmers. Needless to say, the silver miners benefited as well. |
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