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The Gold Standard Act of 1990
This act established gold as the only standard for redeeming paper money. However, before then, they could trade in silver for gold and then paper money, but that changed due to this act. -
Theodore Roosevelt becomes president of the United States
Theodore Roosevelt was inaugurated into office on this day and became the 26th President of the United States. -
The Jungle was published
The Jungle is a 1906 novel by the American journalist and novelist Upton Sinclair. The novel portrays the harsh conditions and exploited lives of immigrants in the United States in Chicago and similar industrialized cities. -
World War I begins
World War I, also known as the Great War, began in 1914 after the assassination of Archduke Franz Ferdinand of Austria. -
Federal Farm Loan Act
The Federal Farm Loan Act of 1916 was a United States federal law aimed at increasing credit to rural family farmers. It did so by creating a federal farm loan board, twelve regional farm loan banks and tens of farm loan associations. -
The United States entering World War I
The American entry into World War I came on April 6, 1917, after a yearlong effort by President Woodrow Wilson to get the United States into the war. His efforts of patriotism and propaganda eventually got them into the war after the Zimmerman Note and the sinking of the Lusitania.