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gilded age

   
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Title: gilded age
 
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Subject: American History
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Date: February 17, 2002
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Length: 7 / 1852
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Congress disposed of the Treasury surplus by making large appropriations for pensions, naval vessels, lighthouses, coast defenses, and other projects. It also passed the McKinley Tariff Act, which raised the already high protective duties and resulted in higher prices for many household commodities...
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In order to gain the support of the West for the bill, Congress in 1890 passed the Sherman Silver Purchase Act, by which the government agreed to buy 4,500,000 oz (130,000 kg) of silver every month and to issue paper money equaling the full amount purchased...
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