A History of the Republican PartyPlatt, George Washington
History
A History of the Republican Party
Platt, George Washington
Republican Party (U.S. : 1854- ) -- History
The Fifty-sixth Congress organized with the election of David B.
Henderson, of Iowa, as Speaker of the House, and the most important
legislation was the Gold Standard Act of 1900, which effectually settled
the money question, as far as the gold or silver standard was concerned,
by providing for the coinage of a dollar consisting of 25 8-10 grains of
gold, nine-tenths fine, as the standard of value, and that all forms of
money issued in coin were to be maintained at a parity of value with
this gold standard. The Act further provided that all United States
notes and Treasury notes shall be redeemed in gold coin, and a
redemption fund of $150,000,000 was established. President McKinley
signed this most important Act, and it became a law on March 14, 1900.
In March, 1900, President McKinley, taking up the question of governing
the Philippine Islands, appointed a Civil Commission composed of William
H. Taft, of Ohio, President; Prof. Dean C. Worcester, of Michigan; Luke
E. Wright, of Tennessee; Henry C. Ide, of Vermont, and Prof. Bernard
Moses, of California, to continue and perfect the work of organizing and
establishing civil government in the Philippines, which had already been
commenced by the military authorities. The Commission proceeded to the
Philippines in the following April, and their work was one of the most
remarkable in the history of the nation, bringing order out of chaos, to
the complete satisfaction not only of the people of this country but
also the Filipinos, with very few exceptions. Education and
enlightenment followed the broad-minded policy of this government, and
through the splendid work of Governor William H. Taft military control
was gradually made unnecessary and the Filipinos were rapidly prepared
for self-government.
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