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:
“Loving a baby is a circular business, a kind of feedback loop. The more you give the more you get and the more you get the more you feel like giving.”
—Penelope Leach (20th century)