Why Was the Coinage Act of 1873 Also Known as the "Crime

Multiple Choice

Why was the Coinage Act of 1873 also known as the "Crime of '73"?

A) The elimination of silver coinage from circulation made it more difficult for farmers to pay off their debts.
B) The elimination of gold coinage from circulation made it more difficult for farmers to pay off their debts.
C) The printing of paper money backed by silver led to runaway inflation that ruined many large business corporations.
D) Silver coinage had to be implemented because corrupt government officials stole much of the gold reserves set aside for coinage.