About: Contraction Act of 1866

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The Contraction Act of 1866 was an act passed by Congress of the United States on April 12, 1866. It was intended to lower the price level so they could reinstate the gold standard.

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  • The Contraction Act of 1866 was an act passed by Congress of the United States on April 12, 1866. It was intended to lower the price level so they could reinstate the gold standard. (en)
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  • The Contraction Act of 1866 was an act passed by Congress of the United States on April 12, 1866. It was intended to lower the price level so they could reinstate the gold standard. (en)
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  • Contraction Act of 1866 (en)
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