1900 Economy & Business Events — Verified Historical Highlights
1900 Economy & Business Events — Verified Historical Highlights | TakeMeBack.to
- 01 Feb European Labor Strikes for Workers' Rights: Coordinated labor strikes erupted in Aachen, Vienna, and Brussels, with workers demanding an eight-hour workday and increased wages. These simultaneous protests represented a growing international labor movement seeking improved working conditions in the early 20th century.
- 14 Mar Gold Standard Act passed in the United States: On March 14, 1900, the United States passed the Gold Standard Act, which established gold as the sole basis for redeeming paper currency, effectively placing the U.S. on the gold standard. source: en.wikipedia.org
- 15 Mar United States adopts the gold standard: On March 15, 1900, the United States officially adopted the gold standard, following the passage of the Gold Standard Act the previous day, solidifying gold as the basis for the nation's monetary system. source: en.wikipedia.org
- 19 May Nevada Gold Discovery: In May 1900, rich deposits of gold and silver were discovered in Nye County, near the summit of the San Antonio Mountains. This led to the rapid development of the Tonopah mining district, which became a significant contributor to Nevada's mining industry. source: en.wikisource.org
- 01 Jun United States conducts its 12th national census: On June 1, 1900, the United States conducted its 12th national census, recording a population of 76,212,168, marking a 21% increase from the 1890 census. This was the last census before the establishment of the permanent United States Census Bureau. source: census.gov
- 14 Jun German Navy Expansion Approved: On June 14, 1900, the German Reichstag passed the 1900 Naval Law, significantly expanding the Imperial German Navy. This legislation authorized the construction of additional battleships, cruisers, and torpedo boats, aiming to enhance Germany's naval capabilities and challenge British maritime dominance. source: en.wikipedia.org
- 16 Jun Opening of the Elbe–Lübeck Canal: On June 16, 1900, the Elbe–Lübeck Canal was officially opened in Germany. This canal provided a direct maritime route between the Elbe River and the Baltic Sea, facilitating trade and naval movements. source: en.wikipedia.org
- 12 Jul SS Deutschland wins Blue Riband: On July 12, 1900, the German ocean liner SS Deutschland set a new transatlantic speed record, completing the westbound crossing in 5 days, 15 hours, and 46 minutes at an average speed of 22.42 knots. source: oceanlinersmagazine.com
- 03 Aug Firestone Tire & Rubber Company Established: Harvey S. Firestone founded the Firestone Tire & Rubber Company in Akron, Ohio, on August 3, 1900. The company began with 12 employees and initially produced tires for horse-drawn wagons and buggies. source: firestonetire.com
- 14 Sep Massive anthracite coal miners' strike begins: On September 14, 1900, a significant strike by anthracite coal miners began in Pennsylvania, demanding better wages and working conditions. This strike was part of a larger labor movement during the early 20th century in the United States. source: britannica.com
- 17 Sep Largest Coal Miners' Walkout in American History: A massive labor protest erupted as 112,000 anthracite coal miners in Pennsylvania simultaneously walked out of their workplaces, marking the largest workers' strike in American history up to that point. This event highlighted growing tensions in labor relations and workers' rights at the turn of the 20th century.
- 05 Oct Venezuela restricts navigation on Orinoco River: On October 5, 1900, Venezuela implemented restrictions on navigation along the Orinoco River, impacting trade and transportation. This decision was part of broader efforts to control river traffic and resources. source: bbc.com
- 23 Oct Largest Bank Robbery of the Era: Cornelius L. Alvord, Jr., a teller at the First National Bank of New York, was revealed to have embezzled over $700,000 from the bank over a period of six years, marking the largest bank robbery in American history at that time. source: en.wikipedia.org
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