The ACT of March 14, 1900, 31 Stat. 45, ch. 41, § 1, established the STANDARD OF VALUE OF THE DOLLAR at 25 8/10 grains of 9/10 FINE GOLD. From that time until 1933, the United States maintained a DOMESTIC GOLD STANDARD, with the DOLLAR convertible to GOLD at the STATUTORY VALUE. Even when the financial stress of World War I forced most nations to SUSPEND the convertibility of their CURRENCIES INTO GOLD and PLACE BANS ON GOLD

    

The ACT of March 14, 1900, 31 Stat. 45, ch. 41, § 1, established the STANDARD OF VALUE OF THE DOLLAR at 25 8/10 grains of 9/10 FINE GOLD. From that time until 1933, the United States maintained a DOMESTIC GOLD STANDARD, with the DOLLAR convertible to GOLD at the STATUTORY VALUE. Even when the financial stress of World War I forced most nations to SUSPEND the convertibility of their CURRENCIES INTO GOLD and PLACE BANS ON GOLD