MONEY IN THE NEW NATION, LAND DISTRIBUTION POLICIES, PP. 120-121 (37)

Question 1

Under the United States Constitution, who has
the power to coin money?

Question 2

Who was the strongest proponent of a bimetallic
standard for United States coinage in the early
1790s?

Question 3

A key reason for the inclusion of silver in the
early United States monetary system’s
bimetallic standard was

Question 4

The Coinage Act of 1792 specified how much
metal should be in each gold and silver coin
using an obsolete unit called the

Question 5

How many silver dollars equal the face value of
an “eagle” gold coin?

Question 6

What official ratio of silver to gold valuations
formed the basis for early United States
bimetallism?

Question 7

Early United States bimetallism failed because
its official ratio of silver to gold valuations was

Question 8

The failure of early United States bimetallism
put the new nation on an effective

Question 9

When did early United States bimetallism end?

Question 10

What was the western boundary of the United
States after the Treaty of Paris?

Question 11

The township system used for subdividing new
United States land after the Treaty of Paris
originated in

Question 12

Which of the following legislation regulated the
sale of newly surveyed land in the United
States?

Question 13

How large was a section of newly surveyed land
auctioned by the United States in the late
1780s?

Question 14

The minimum auction price per acre for newly
surveyed sections of land in the United States
in the late 1780s was

Question 15

Under the Homestead Act, the marginal price
per acre for land in 1862 was