The Specie Circular (Coinage Act) was an executive order issued by U.S. President Andrew Jackson in 1836 and carried out by succeeding President Martin Van Buren. It required payment for government land to be in gold and silver.
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Famous quotes containing the word circular:
“Whoso desireth to know what will be hereafter, let him think of what is past, for the world hath ever been in a circular revolution; whatsoever is now, was heretofore; and things past or present, are no other than such as shall be again: Redit orbis in orbem.”
—Sir Walter Raleigh (1552–1618)