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William McKinley

Presidency

What law passed during McKinley’s tenure seemed to help the economy?

McKinley signed into the law the Gold Standard Act of 1900, which made just gold—not gold and silver—the standard for redeeming paper currency. This provision—along with the ending of the economic depression known as the Panic of 1893—ensured that McKinley would be reelected to a second term.



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