This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Treasury to retire bonds using gold profits
The Roosevelt era plan retires two 2 percent bonds by August 1 lowering debt service and replacing national bank notes with federal reserve notes. Government shifts currency control and unifies money while maintaining no inflation. Analysts split on inflation risk but see overall stabilization and a gradual currency transition.
MENTIONED IN THIS ARTICLE
NCLE
Sam
Treasury Department
Franklin D. Roosevelt
Henry W. Morgenthau
the Treasury
Thomas Jefferson Coolidge
Treasury
Department
Congress
Federal Reserve
United States
National Bank
Springfield
Cleveland
Ohio
Trenton
N. J
Bank
Federal Home Loan Bank Act
The
Stabilization Fund
Federal Reserve Banks
Philippine Currency Fund
National Ledger
Coolidge
Morgenthau
Federal
Elmer Thomas
Dem
Oklahoma
Nations Bank
Chase National
National City
New York
O. M. W. Sprague
Secretary of the Treasury
Thomas
Leonard P. Ayres
United States Supreme Court
Franklin Hobbs
Chicago
Western Newspaper_union