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Collection Reference Number GLC00655.16
From Archive Folder Documents Relating to the 1890s 
Title William McKinley to Edward Oliver Wolcott regarding international standards of currency
Date 28 December 1896
Author McKinley, William (1843-1901)  
Recipient Wolcott, Edward Oliver  
Document Type Correspondence; Business and financial document
Content Description Writes to the Colorado senator regarding international bimetallism. Bimetallism is the use of silver and gold as a standard of currency. McKinley initially favored international bimetallism, but when the British rejected that system, he abandoned it and in 1900 approved the Gold Standard Act. Written on personal stationery. Handwritten letters of McKinley as President or President-elect are rare.
Subjects Coins and Currency  Finance  Economics  President  Government and Civics  
People McKinley, William (1843-1901)  Wolcott, Edward Oliver (1848-1905)  
Place written Canton, Ohio
Theme Government & Politics; Banking & Economics; Foreign Affairs; The Presidency
Sub-collection The Gilder Lehrman Collection, 1860-1945
Copyright The Gilder Lehrman Institute of American History
Module Civil War, Reconstruction and the Modern Era: 1860-1945