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President Jackson issued the species circular in 1836 to require payment for government land to be in specie (gold or silver) rather than paper money. This was an effort to curb land speculation and reduce the inflated value of paper currency.

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Q: Why did Jackson order the species circular?
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What man was most closely related to the Specie Circular?

Andrew Jackson was most closely related to the Specie Circular. By Jackson's 1836 Executive Order, the Specie Circular required payment for government land to be in gold and silver.


When did Specie Circular happen?

The Specie Circular was a U.S. executive order issued by President Andrew Jackson in 1836, pursuant to the Coinage Act. It required payment for purchases of government lands to be in gold and silver.


What is specie circular?

The Specie Circular was a U.S. executive order issued by President Andrew Jackson in 1836, pursuant to the Coinage Act. It required payment for purchases of government lands to be in gold and silver.


Which of these men most closely related to the specie circular?

Andrew Jackson is most closely related to the Specie Circular. As the president of the United States from 1829 to 1837, Jackson issued the Specie Circular in 1836. This executive order required the purchase of public lands to be made with gold or silver rather than paper currency, with the aim of curbing land speculation and stabilizing the economy.


Why did Jackson issue species circular?

After Jackson's veto that disallowed the re-charter of the Bank of the United States, several smaller institutions arose. These "pet banks" flooded the country with issued paper money. Because this money became unreliable Jackson authorized the Specie Circular. This decree required all land to be purchased in metallic money, called specie, to provide the country with a uniform currency.


Why did Jackson issue the species circular?

After Jackson's veto that disallowed the re-charter of the Bank of the United States, several smaller institutions arose. These "pet banks" flooded the country with issued paper money. Because this money became unreliable Jackson authorized the Specie Circular. This decree required all land to be purchased in metallic money, called specie, to provide the country with a uniform currency.


What the purpose of the specie circular?

The Specie Circular (Coinage Act) was an executive order issued by U.S. President Andrew Jackson in 1836 and carried out by President Martin Van Buren. It required payment for government/public land to be in gold and silver.


Jacksons treasury department decree that required all public lands to be purchased with hard money?

The Specie Circular was an 1836 executive order by President Andrew Jackson. This decree required payment for all public lands in gold and silver.


How did Jackson specie circular of 1836 affect the economy of the US?

it triggered a panic


How did Jackson's specie circular of 1836 affect the economy of the US?

it triggered a panic


When separated what new species form?

queen latifa species and michael jackson species<3


What did president Andrew Jackson issue in 1836?

In 1836, President Andrew Jackson issued the Specie Circular. This executive order required all public lands to be purchased with gold or silver coins, rather than paper currency. It was intended to curb rampant speculation and stabilize the economy, but instead contributed to the economic downturn known as the Panic of 1837.