Sentence Examples with the word gold standard

Previous to the adoption of the single gold standard in 1897 the monetary history of Peru had been unfortunate.

In financial matters they advocated the introduction of a gold standard and the removal of the agio on gold, also the introduction of foreign capital to develop industries in the country; and as regards foreign policy, they were strong advocates of intimate and friendly relations with Austria-Hungary.

In this re-alignment of parties McKinley, who had expected to make the campaign on the issue of a high protective tariff, was diverted to the defence of the gold standard as the main issue.

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By a law of the 9th of December 1904, promulgated by an executive decree of the 25th of March 1905, the gold standard was adopted, and the silver peso, 9027 fine and containing 24.438 grammes of pure silver, was made the monetary unit with a valuation of .75 grammes of gold.