Roosevelt monetary message urges congress for gold reserve plan
Franklin D Roosevelt asks Congress to vest title to all American gold in the United States government, create a bullion base for currency, and set a 60 percent upper limit on gold revaluation, while expanding powers to deal in foreign exchange and support a sound, stable dollar. He notes silver’s importance and references the London silver agreement and proposed monetary reforms.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
Congress
United States
Treasury
Qhaire
Secretary of the Treasury
Roosevelt blames gold policy on price stabilization plan
In remarks made at the White House, President Roosevelt outlined a program to adjust the gold content of the dollar, arguing a 60 percent cut could double treasury gold value. He stressed the move is not a currency replacement but a safeguard to stabilize prices, with Congress asked to grant authority to control American gold supplies and issue gold certificates secured by Treasury gold.
MENTIONED IN THIS ARTICLE
Walington
D. C. Jan
Rooosevelt
Congress
Treasury
White House
Roosevelt
Securitias
United States
Support of Plan Asked by Priest in Detroit Speech
Father Coughlin urged mass popular backing for his monetary plan to issue 20 trillion currency dollars. He asked congressmen and senators to enact the program and counter a Warburg letter alleging insufficient gold to back the proposals. He outlined dividend allocations totaling 26 billion dollars for bondholders, public works, and ordinary disbursements.
MENTIONED IN THIS ARTICLE
Detroit
Van
McKev
Philier
Charles FE
Coughlin
James FP
Warburg
New York
Conghiln
Father Coughlin
How Cardui Helped Lady Get Stronger
Mrs. Oscar West of Dayton, Texas, testifies Cardui strengthened her, boosted appetite, and eased fatigue after weight loss. She noted many women use Cardui as a tonic and recommend it for weak women.
MENTIONED IN THIS ARTICLE
Cardui
Lady
Oscar West
Dayton
Back wheels and front wheels together test the ride
The passage warns that if the front wheels lack knee action the car will pitch and sway like a horse when a hind toe is forced up, noting the need for a delicate mechanism and careful driving amid back seat drivers due to Ford Trans.
MENTIONED IN THIS ARTICLE
Oll Dobbin
Ford Trans
Also Mentioned on This Page
London
Silver
Franklin D. Roosevelt
NASA
Herpel-Gillespie Motor CO
Broadway
Dobbin
Watch America
Wee Lal
Ted
Performance and Safety
Forll
Pitch
Jae
Ford
Jordan-Ivers Motor CO
Alamo
Mary's Russell-Woodward Motor CO
Lores
KPRC
KFDM
WOAT
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