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Silverite
The
Silverites
were members of a political movement in the
United States
in the
late-19th century
that advocated that
silver
should continue to be a
monetary standard
along with
gold
, as authorized under the
Coinage Act of 1792
. The Silverite coalition's famous slogan was "16 to 1" – that is, the ratio of sixteen ounces of silver equal in value to one ounce of gold, a ratio similar to that established in the
Coinage Act of 1834
. Silverites belonged to a number of political parties, including the
Silver Party
,
Populist Party
,
Democratic Party
, and the
Silver Republican Party
.
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