The Specie Circular (Coinage Act) was an executive order issued by U.S. President Andrew Jackson in 1836 and carried out by succeeding President Martin Van Buren. It required payment for government land to be in gold and silver.
Read more about Specie Circular: History, Executive Order, Consequences
Famous quotes containing the word circular:
“The night in prison was novel and interesting enough.... I found that even here there was a history and a gossip which never circulated beyond the walls of the jail. Probably this is the only house in the town where verses are composed, which are afterward printed in a circular form, but not published. I was shown quite a long list of verses which were composed by some young men who had been detected in an attempt to escape, who avenged themselves by singing them.”
—Henry David Thoreau (1817–1862)