The Morgan Report
"The Morgan Report" is a document published in 1891 by a commission led by J.P. Morgan to investigate the financial and economic conditions of the U.S. silver market. The report aimed to assess the impact of the Sherman Silver Purchase Act and the broader implications of silver coinage on the American economy.
The findings highlighted the challenges faced by the silver industry and recommended a shift towards a gold standard. This report played a significant role in shaping U.S. monetary policy and influenced debates about currency and economic stability during the late 19th century.