The Gold Standard(2 e Later in the nineteenth century, Germany,Japan, and other countries also adopted the gold standard The United States effectively joined the gold standard in 1879 when it pegged to gold the paper"greenbacks issued during the Civil War. The U.S. Gold Standard act of 1 900 institutionalized the dollar-gold linkThe Gold Standard (2) Later in the nineteenth century, Germany, Japan, and other countries also adopted the gold standard. The United States effectively joined the gold standard in 1879 when it pegged to gold the paper “greenbacks” issued during the Civil War. The U. S. Gold Standard Act of 1900 institutionalized the dollar-gold link