[["The Silver Purchase Act was a US federal law enacted in 1890 in an attempt to increase the demand for silver. It is named after Senator John Sherman who was instrumental in drafting the final version of the act. The act was repealed in 1893 because it was depleting the government's gold reserves.", 11.0], ["The Sherman Silver Purchase Act was a United States federal law enacted on July 14, 1890. The Act increased the amount of silver the government was required to purchase on a recurrent monthly basis to 4.5 million ounces.", 7.0]]
what was the sherman silver purchase act
history