The
Bland-Allison Act of
1878 was a response to the
Crime of '73 demonetizing
silver. Representative
Silver Dick Bland[?] of
Missouri introduced this bill for the free coinage of silver at ratio of 16:1 to gold. Senator
William Allison[?] of
Iowa added a provision that limited the amount purchased to 4 million dollars per month at market prices.
See also: