GOLD STANDARD ACT
The 'Gold Standard Act' of the United States was passed in 1900 (ratified on March 14) and established gold as the only standard for redeeming paper money, stopping bimetallism (which had allowed silver in exchange for gold). It was signed by President William McKinley in accordance to the beliefs of the Republican Political Party.
★ Gold standard
★ Resumption Act
★ Bland-Allison Act
★ Sherman Silver Purchase Act
| Contents |
| See also |
See also
★ Gold standard
★ Resumption Act
★ Bland-Allison Act
★ Sherman Silver Purchase Act
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