Haralson787
Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Andrew Jackson's specie circular of 1836 stipulated that after August 15 only _______ would be accepted in payment for public lands. A. gold B. gold and silver C. special banknotes D. silver

Sagot :

The right answer is B. Gold and Silver.

Context: Specie Circular was a presidential executive order of President Jackson, which specifically demanded that goverment be paid for land in gold and silver. It was felt at the time that banknotes and other similar currency were not reliable enough and that its value could fluctuate. In contrast, gold and silver have a relatively stable value - specially when compared with the so-callled soft currency, which can be influenced by speculation.
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.