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- Gold_Standard_Act abstract "The Gold Standard Act of the United States was passed in 1900 (approved 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.The Act made the de jure gold standard in place since the Coinage Act of 1873, whereby holders of debts could demand whatever metal was preferred (usually gold), a de facto gold standard alongside other major European powers at the time.The Act fixed the value of the dollar at 25 8⁄10 grains of gold at "nine-tenths fine" (90% purity), equivalent to 23.22 grains (1.5046 grams) of pure gold.The Gold Standard Act confirmed the United States' commitment to the gold standard by assigning gold a specific dollar value (just over $20.67 per Troy ounce). This took place after McKinley sent a team to Europe to try to make a silver agreement with France and Great Britain.On April 25, 1933, the United States and Canada dropped the gold standard.".
- Gold_Standard_Act wikiPageExternalLink gold-standard-act.
- Gold_Standard_Act wikiPageExternalLink GoldStandard.html.
- Gold_Standard_Act wikiPageID "55719".
- Gold_Standard_Act wikiPageRevisionID "603471591".
- Gold_Standard_Act citeStatutesAtLarge "ch. 41,".
- Gold_Standard_Act enactedBy "56".
- Gold_Standard_Act hasPhotoCollection Gold_Standard_Act.
- Gold_Standard_Act longtitle "An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes.".
- Gold_Standard_Act nickname "Gold Standard Act of 1900".
- Gold_Standard_Act shortitle "Gold Standard Act".
- Gold_Standard_Act signeddate "--03-14".
- Gold_Standard_Act signedpresident William_McKinley.
- Gold_Standard_Act subject Category:1900_in_economics.
- Gold_Standard_Act subject Category:1900_in_law.
- Gold_Standard_Act subject Category:1900_in_the_United_States.
- Gold_Standard_Act subject Category:Gold_legislation.
- Gold_Standard_Act subject Category:United_States_federal_currency_legislation.
- Gold_Standard_Act comment "The Gold Standard Act of the United States was passed in 1900 (approved on March 14) and established gold as the only standard for redeeming paper money, stopping bimetallism (which had allowed silver in exchange for gold).".
- Gold_Standard_Act label "Gold Standard Act".
- Gold_Standard_Act sameAs m.0fgr8.
- Gold_Standard_Act sameAs Q5578863.
- Gold_Standard_Act sameAs Q5578863.
- Gold_Standard_Act wasDerivedFrom Gold_Standard_Act?oldid=603471591.
- Gold_Standard_Act isPrimaryTopicOf Gold_Standard_Act.