Bland–Allison Act

The Bland–Allison Act, also referred to as the Grand Bland Plan of 1878, was an act of United States Congress requiring the U.S. Treasury to buy a certain amount of silver and put it into circulation as silver dollars. Though the bill was vetoed by President Rutherford B. Hayes, the Congress overrode Hayes's veto on February 28, 1878 to enact the law.[1] The text of the act can be found in the Congressional Record under the further reading section of this article.

Bland–Allison Act
Long titleAn Act to authorize the coinage of the standard silver dollar, and to restore its legal-tender character.
Enacted bythe 45th United States Congress
EffectiveFebruary 28, 1878
Citations
Public law45–20
Statutes at Large20 Stat. 25
Legislative history
  • Introduced in the House as H.R. 1093
  • Passed the House on November 5, 1877 (163–34)
  • Passed the Senate on February 15, 1878 (48–21) with amendment
  • House agreed to Senate amendment on February 21, 1878 (passed)
  • Vetoed by President Rutherford B. Hayes on February 28, 1878
  • Overridden by the House on February 28, 1878 (196–73)
  • Overridden by the Senate and became law on February 28, 1878 (46–19)

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