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Title: Which of the following was a consequence of the discovery of new silver mines in the West in the ... Post by: pattiluce on Jan 15, 2018 Which of the following was a consequence of the discovery of new silver mines in the West in the late nineteenth century?
a. The price of silver increased to a level equal to the price of gold. b. The United States Treasury increased its production of silver coins, causing severe inflation. c. The price of silver on the open market dropped, making it more profitable for silver producers to sell silver tothe government at the old sixteen-to-one ratio. d. Silver producers refused to sell silver to the government, which in turn stopped minting silver coins. Title: Which of the following was a consequence of the discovery of new silver mines in the West in the ... Post by: lowster11 on Jan 15, 2018 Content hidden
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