David Frum

@davidfrum ↗

Deleted No

Hibernated No

Last Checked June 27, 2022

Created

Mon Jun 13 21:31:38 +0000 2022

Likes

214

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

David Frum @davidfrum

Congress at length voted to return to metallic money in 1873. Unlike before the Civil War, this time they put the US on a de facto gold standard, just as the world was entering a period of rapid technological development, fast population growth, but slow gold discoveries. 8/x — PolitiTweet.org

Posted June 13, 2022

Preceded By

David Frum @davidfrum

Complicating the decision-making was an acute shortage of accurate economic information. People in the 1870s had no way to measure "unemployment," much less compute an "unemployment rate." They had to grope their way. 7/x — PolitiTweet.org

Posted June 13, 2022

Followed By

David Frum @davidfrum

The vote in 1873 put the United States on a path toward two decades of economic crisis, labor turmoil, and political instability. It also cost the Republicans their majority in the House of Representatives in the 1874 - and thereby doomed Reconstruction and black civil rights 9/x — PolitiTweet.org

Posted June 13, 2022