Gold Standard Act

From Wikipedia, the free encyclopedia

Jump to: navigation, search

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 with the beliefs of the Republican Political Party.

[edit] See also

Image:Money template.gif This money or currency-related article is a stub. You can help Wikipedia by expanding it.
Retrieved from "http://india.smashits.com/wikipedia/Gold_Standard_Act"
Views
Personal tools

Toolbox