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Americans could trade in $20.67 for an ounce of gold due to the connection established between the dollar and gold.
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The first inauguration of William McKinley as the 25th President of the United States. The inauguration marked the commencement of the first four-year term of William McKinley as President and the only term of Garret Hobart as Vice President.
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The Spanish - American War was an armed conflict between Spain and the United States in 1898. Hostilities began in the aftermath of the internal explosion of the USS Maine in Havana Harbor in Cuba, leading to U.S. intervention in the Cuban War of Independence.
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The Platt Amendment was introduced to Congress by Senator Orville H. Platt. It passed the U.S. Senate by a vote of 43 to 20 and the amendment demanded that Cuba sell or lease lands to the United States necessary for coaling or the development of naval stations.
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President William McKinley was the 25th president of the United States until his assassination six months into his second term.
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After the Spanish American War, Spain and the United States signed the 1898 Treaty of Paris, by which Spain ceded Puerto Rico, the Philippines, and Guam to the United States for the sum of $20 million. Cuba gained formal independence from the U.S. and changed to the Republic of Cuba.
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The World Series was the first modern world series to be played in Major League Baseball. It matched the American League champion Boston Americans against the National League champion Pittsburgh Pirates in a best-of-nine series, with Boston prevailing five games to three, winning the last four.
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Wilbur and Orville Wright made four brief flights at Kitty Hawk with their first powered aircraft. The Wright brothers had invented the first successful airplane.
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The Canal Zone came under the terms of the Hay-Bunau-Varilla Treaty of 1903 by which Panama granted to the United States, in return for annual payments, the sole right to operate and control the canal and about 5 miles of land on each side.
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The second inauguration marked the beginning of the second full term of Theodore Roosevelt as President and the only term of Charles W. Fairbanks as Vice President.
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Upton Sinclair wrote The Jungle to expose the appalling working conditions in the meat-packing industry. His description of diseased, rotten, and contaminated meat shocked the public and led to new federal food safety laws.
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The earthquake occurred with its epicenter offshore of San Francisco, which then had a population of approximately 400,000 people.
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The Antiquities Act is an act that was passed by the United States Congress and signed into law by Theodore Roosevelt. It is officially known as an act for the preservation of American antiquities or historic parks. Additionally, the Act authorizes the U.S. President to restrict the use of particular public land owned by the federal government and Theodore Roosevelt used this to declare national monuments.
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The people of the Indian and Oklahoma Territories voted favorably on statehood. The vote was certified and delivered to the President of the United States Theodore Roosevelt and Roosevelt issued Presidential Proclamation 780 admitting Oklahoma as the forty sixth state.
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The National Association for the Advancement of Colored People is a civil rights organization in the United States, formed as a racial endeavor to advance justice for African Americans.
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The inauguration of William Howard Taft as the 27th President of the United States was held in the Senate Chamber at the United States Capitol in Washington, D.C.
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A British ocean liner, sunk by a German U-boat which contributed indirectly to the entry of the United States into World War I. The Lusitania, which was owned by the Cunard Line, was built to compete for the highly lucrative transatlantic passenger trade.