Word: silver
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Dates: during 1890-1899
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...Silver dollars...
...legislation of the Civil War. For the last sixteen years their volume has been fixed, because, on being presented for redemption, they are reissued. Identical in legal qualities are the Treasury Notes, issued in pursuance of the Sherman Act of 1890. Although, in theory, they may be shifted into silver notes or silver dollars, as a fact, they, too, have remained a fixed quantity. There is a general impression that these notes are different from the U. S. Notes, in that, while the latter will always be redeemed in gold, the former may at some future date be redeemed...
...silver dollars and certificates (class 2) were issued from 1878 to 1890. These two forms of currency are practically equivalent. The Act of 1878 provided that any time the silver dollars might be put in the treasury and exchanged for silver certificates. Owing to the clumsiness of the silver dollar this is actually what has taken place, so that the certificates are much more numerous than the dollars. But, as this was not the expectation in 1878, the silver certificates were not made legal tender. As they constitute no claim upon the holdings of the government except for silver...
...National Bank notes (class 3) circulate like the silver certificates, but can not draw gold from the U. S. treas...
...undersigued, voters of the State of Massachusetts, call upon Congress to enact such laws as will secure to the people a full legal tender national currency that shall be independent of the money dealers. As a first step, they call for a restriction of silver to its relative value to gold that it so long held in the exchanges of the world...