When President Cleveland accepted j. p. morgan's plan for bankers to purchase gold abroad and supply it to the u.s. treasury the result was
saving the gold standard.
In most republics, the head of state is referred to as the president. The president of a country is, in general, the head of the government and the fundamental leader of the country, as well as the ceremonial head of state. In 1960, Egyptian President Gamal Abdel Nasser delivered a speech.
The functions of a president differ depending on the form of government. They are usually, but not always, limited to those of the head of state in parliamentary republics and are thus largely ceremonial. The role of the president is more prominent in presidential, selected parliamentary (e.g., Botswana and South Africa), and semi-presidential republics, encompassing additionally (in most cases) the functions of the head of government.
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