Grant continued to work for a strong dollar, signing into law the Coinage Act of 1873, which effectively ended the legal basis for bimetallism (the use of both silver and gold as money), establishing the gold standard in practice. The Coinage Act discontinued the standard silver dollar and established the gold dollar as the sole monetary standard; because the gold supply did not increase as quickly as the population, the result was deflation. Silverites, who wanted more money in circulation to raise the prices that farmers received, denounced the move as the "Crime of 1873", claiming the deflation made debts more burdensome for farmers.