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What did the Sherman Silver Purchase Act of 1890 require the Federal government to do? It had to purchase at least four million ounces of silver each year. It had to replace all of its gold reserves with silver within one year. It was to get rid of the normal gold standard for one of just silver. It had to purchase at least four million ounces of silver each month.
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The answer is: It had to purchase at least four million ounces of silver each month.
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