On this day: March 14

Published On: Mar 08 2013 01:54:35 PM CST   Updated On: Mar 14 2014 01:00:00 AM CDT

America's first town hall meeting is held, Eli Whitney patents his cotton gin, Pan Am is incorporated, and JFK's body is moved to a permanent memorial, all on this day.

OTD March 14 - Gold Standard
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1900: The Gold Standard Act is signed into law by President William McKinley, establishing gold as the only standard for redeeming paper money in the United States. Previously the country had used a bimetallism standard, which had allowed silver as well as gold.

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