The Gold Standard Act was signed into law on March 14, 1900 by President William McKinley. The Gold Standard Act made gold the singular standard for the United States currency.
The book – The Wonderful Wizard of Oz – was published on May 17, 1900. The book was written by L. Frank Baum.
L. Frank Baum’s book is about the American monetary system… just as the 19th Century ended, and the 20th Century began.
The Wonderful Wizard of Oz.
Oz is the abbreviation for ounce. An ounce of gold. Gold, the new currency standard. An ounce of silver. Silver, the replaced currency standard.
Twenty-seven years prior to The Gold Standard Act…twenty-seven years prior to Baum’s book, the Coinage Act of 1873 was signed into law by President Ulysses S. Grant.
The Coinage Act of 1873 officially replaced silver with gold as the standard for the United States currency. The Gold Standard Act expanded upon what went into effect through the Coinage Act, twenty-seven years prior.
The yellow brick road in The Wonderful Wizard of Oz is representative of the new American currency standard, gold.
Dorothy’s silver slippers are representative a replaced currency standard, silver. Gold and silver are measured in ounces. Hence…Oz. The Wonderful Wizard of Oz.
in the movie, Dorothy’s slippers are red. Red slippers? Red has no meaning. The movie strays from Baum’s book. Dorothy’s red slippers…just do not fit here.
In Baum’s book Dorothy’s slippers are silver. Silver. With meaning.
The book – much moreso than the movie – represents Baum’s views. In 1900.
An ounce – I.e.: Oz – of silver. An ounce – I.e.: Oz – of gold.
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