second legal tender actの例文
- In 1863, the Second Legal Tender Act, enacted July 11, 1862, a Joint Resolution of Congress, and the Third Legal Tender Act, enacted March 3, 1863, expanded the limit to $ 450 million.
- In the First Legal Tender Act, Congress limited the Treasury's emission of United States Notes to $ 150, 000, 000; however, by 1863, the Second Legal Tender Act, enacted July 11, 1862, a Joint Resolution of Congress, and the Third Legal Tender Act, enacted March 3, 1863, had expanded the limit to $ 450, 000, 000, the option to exchange the notes for United States bonds at par had been revoked, and notes of inflation, the greenback went on to trade at a substantial discount from gold, which prompted Congress to pass the short-lived Anti-Gold Futures Act of 1864, which was soon repealed after it seemed to accelerate the decline of the greenback.