Republican (proto-fascist/socialist) de facto President McKinley (a resident of the federal enclave of Ohio) signs the Gold Act of 1900, establishing a gold reserve of 150,000,000 Dollars (lawful Money), authorizing the sales of bonded indebtedness when necessary to maintain that reserve, and terminating the redemption of banknotes (Bills of Credit) for silver (lawful Money).

       NOTE: This act had the effect of the enriching the financial interests of the northeast, while impoverishing the agricultural interests of the south and west.

       [updated 5/27/2022]