Thomas F Bayard opposed which financial policy?
Gold Standard
Greenbacks and Silver Coinage
Convertible Currencies
Crypto Currencies
Answer
Thomas F. Bayard opposed the Greenback and Silver Coinage financial policies, which were advocated by the Greenback Party and the Silver Party, respectively. The Greenback Party wanted to issue more greenbacks, which were paper money backed by the government, to help the economy recover from the Panic of 1873. The Silver Party wanted to coin more silver dollars to help the economy recover from the Panic of 1893.
Mastering the Legacy: The Thomas F. Bayard Quiz
More Questions
Bayard sought to increase cooperation with which country?
Bayard died in which year?
Thomas F Bayard ran for the Democratic nomination for president how many times?
Did Thomas F Bayard ever succeeded in becoming the President of the United States?
With which financial interests did Bayard's conservative policies make him popular?
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