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blagie [28]
3 years ago
6

Why was the Specie Circular enacted

History
1 answer:
Oliga [24]3 years ago
4 0
One of the Important reasons for the 1836 Specie Circular was the uncontrolled land speculation in the West. Real estate speculation was funded by increased availability of credit from the Second Bank of the United States and new, reckless frontier banks
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