Republican (nationalist) de facto President Benjamin Harrison (having received an unlawful advantage of 20 ineligible and 51 stolen Electoral votes) signs the Sherman Silver Purchase Act, requiring the Department of the Treasury to purchase 4,500,000 ounces of silver, and mint it into Coins (lawful Money).

       NOTE: Harrison had attempted to implement a compromise solution which would have both preserved the gold standard, and allowed for a “parallel silver standard” that would have allowed silver and gold (lawful Money) to seek their own free-market values against each other.

       Postscript: Instead the SSPA, with its “bimetallic (fixed ratio) standard” invoked Gresham’s Law (bad money drives out good money) and the nation’s gold supplies began dwindling until the Democratic (constitutionalist) former President Cleveland was able to return to office and accomplish the act’s repeal.

       [restored 6/17/2022]

Subsequent Events:

10/1/1890                   10/5/1892                   10/30/1893                  3/14/1900

Authority:

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 235.

Benjamin Harrison – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Benjamin_Harrison

Current U.s. National Debt:

$36,167,124,467,492

Source