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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 facto'' gold standard in place since the Coinage Act of 1873 (whereby debt holders could demand reimbursement in whatever metal was preferred--usually gold) a ''de jure'' gold standard alongside other major European powers at the time. The Act fixed the value of the dollar at 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. ==See also== * Gold standard * Resumption Act * Bland-Allison Act * Sherman Silver Purchase Act 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Gold Standard Act」の詳細全文を読む スポンサード リンク
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