What Happened In 1922?

I believe it had something to do with the mint putting priority on silver dollar production, but I'm no history buff by any means.

It could also be the economic times. 1920-21 was also the time of the greatest depression in US history (yes, greater than the Great Depression on an annualized basis). The Federal Reserve was new and inexperienced. They raised interest rates too quickly (from 4% to 7% in 7 months, higher than at any other point other than the Carter Administration) and caused severe deflation, manufacturing stagnation and extremely high unemployment. The deflation rate was the largest one-year decline in the 140 years that it's been recorded. Industrial production fell by 30%, people weren't making or spending money so the gov't didn't need to mint any more.

The depression was short-lived because President Harding cut the size of government by 50% and greatly reduced taxes and followed laissez-faire ecomonic policies (he left businesses alone), ushering in The Roaring 20s.

Thanks for the replies, they were very informative.