was he part of any debate?
Yes, Hayes confronted two issues regarding the currency, the first of which was the coinage of silver, and its relation to gold. The second issue concerned United States Notes (commonly called greenbacks), a form of fiat currency first issued during the Civil War.
Rutherford B. Hayes
Hayes confronted two issues regarding the currency, the first of which was the coinage of silver, and its relation to gold.
where is the mint mark on morgan dollar The mint mark, if present, appears on the reverse above the "o" in "Dollar". which country introduced this dollar? United States by whom was it designed? George T. Morgan who ordered its production? Bland–Allison Act authorized the production what was this act about? It 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. by whom was it passed? Though the bill was vetoed by President Rutherford B. Hayes, the Congress overrode Hayes's veto on February 28, 1878 to enact the law. where was this president born? Delaware, Ohio when did he start his political career? 1864
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Rutherford B. Hayes [SEP] Currency debate
Hayes confronted two issues regarding the currency, the first of which was the coinage of silver, and its relation to gold. In 1873, the Coinage Act of 1873 stopped the coinage of silver for all coins worth a dollar or more, effectively tying the dollar to the value of gold. As a result, the money supply contracted and the effects of the Panic of 1873 grew worse, making it more expensive for debtors to pay debts they had contracted when currency was less valuable. Farmers and laborers, especially, clamored for the return of coinage in both metals, believing the increased money supply would restore wages and property values.