It ensured that all public debts , particularly war bonds , would be paid only in gold rather than in greenbacks .
On taking office Grant 's first move was signing the Act to Strengthen the Public Credit , which the Republican Congress had just passed .
Congress ensured that all public debts , particularly war bonds , would be paid only in gold rather than in greenbacks .
On taking office Grant 's first move was signing the Act to Strengthen the Public Credit , which the Republican Congress had just passed .