Timeline Wednesday 12 February 1873

Events on Wednesday 12 February 1873 1

• 1873 Coinage Act of 1873 United States ends bimetallism, angering silver interests Signed into law by President Ulysses S. Grant on 12 February 1873, the act discontinued the minting of standard silver dollars and moved the United States toward a de facto gold standard. Silver producers and debtors denounced it as the "Crime of '73," and it became a lasting grievance in American monetary politics.