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Roosevelt advocates managed currency and gold control plan
President Roosevelt outlines a systematic currency program including a government gold market and RFC buying of newly mined gold at set prices to stabilize prices and restore commodity value. He aims to fix dollar value, reduce external shocks, and expand credit while farmers protest and seek higher production costs.
MENTIONED IN THIS ARTICLE
Elmer Thomas
Roosevelt
United States
Reconstruction Finance Corporation
Secretary of the Treasury
Jesse Jones
RFC
Dean Acheson
The
Treasury
Henry Morgenthau, Jr
John Maynard Keynes
Wall Street
AIS
Middle West
Milo Reno
National Farmers’ ‘Holiday Association
Mr. Roosevelt
de Bano
Conti Congress of Workers and
Federa
Federa Hope For Industrial Depr
Edouard Daladier
France
Chamber of Deputies
Daladier
Bank of France
Albert Sarraut
Lebrun
Paul Boncour
Chautemps
Cpl. M. Sarraut
Germany