Today In History- March 14

Today In History- March 14

TOPIC

The Gold Standard Act is ratified, placing United States currency on the gold standard.

Stories about Today In History- March 14

U.S. currency backed by gold in passage of Gold Standard Act.

  • Washington D.C., USA

In a dramatic decision in national politics, on Mar. 14, 1900, President William McKinley ratified the Gold Standard Act, making all U.S. currency backed by gold.  This was an influential act in the growing influence of the Republican National Party, and made the issue of bimetalism more prominent in the United States.

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Created:
1/22/2008
Modified:
7/19/2011
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