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This act helps stabilize the economy, establishes gold as the only standard for redeeming paper money, and prohibits the exchanging of silver for gold.
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First National City Bank, led by James Stillman and William Rockefeller, with Standard Oil money, buys $115 million of Northern Pacific Railroad's stock and triggers a stock market panic. Thousands of small investors are wiped out.
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The Wright Brother's plane was a huge milestone in our time period because it showed how innovation was evolving and how it shaped our future.
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Dr. Seuss was born on the day of March 2, 1904 and over the time of his lifetime gave little kids imagination.
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On March 4, 1905 Theodore Roosevelt was inaugurated into office as the 26th president of the United States. (Second Term)
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The San Francisco earthquake of 1906 brought a lot of devastation to the local economy with property damage and disaster relief. It also put many businesses under.
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Henry ford's Model helped America's economy by producing a car for the everyday joe at the price of $950.
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