...maintaining such parity and to strengthen the gold reserve, borrow gold on the security of United States bonds * * * ." Under powers granted by the act of...part of 1933, and January 1934, the Government bought (jold at prices ranging from $20.67 an ounce (the previously existing standard price) to $34.45 an...

...6, 1917 (Trading with the Enemy Act), confined and broadened by the Act of March 9, 1933 (fcergency Banking Act), the President issued a series of Executive...President did not exercise this power until January 31, 1931*, but during the latter part of 1933, *** January 193U, the Government bought gold at prices....

...control over the export of gold was maintained by the Treasury. Title III of the Act of May l2, l933, known as the Thomas Amendment, empowered the President...President did not exercise this power until January 3l, l93U, but during the latter part of l933, s*d January l93!i, the Government bought gold at prices....

...issued by the United States." In 1913, Congress provided in the Federal Reserve Act that "nothing In this act contained shall be construed to repeal the...reduce the gold content of the dollar by as much as 60 percent The President did not exercise this power until January 31, 1934, but during the latter...

...over the export of gold was maintained by the Treasury. Title III of the Act of May 12, 1933, ^own as the Thomas Amendment, empowered the President to...President did not exercise this power until January 31, 193U, but during the latter part of 1933i and January 193U, the Government bought gold at prices. ranging...

...export of gold was maintained by the Treasury. Title III of the Act of May l2, l933, known as the *homas Amendment, empowered the President to reduce the gold...President did not exercise this power until January 3l, l931*, but during the latter part of l93J, and January l931*, the Government bought gold at prices....

...by the Treasury. Title III of the Act of Nay 12, 1933, known as the Thomas Amendment, ••powered the President to reduce the gold content of the dollar...President did not exercise this power until January 31, 193U, but during the latter part of 1933, •nd January 193U, the Government bought gold at prices....

...Agricultural Adjustment Act was introduced in Congress, granting the President the right to devalue the gold content of the dollar by as much as 50 percent. Next came the Emergency Farm Mortgage Act, the Tennessee Valley Authority Act, the Securities Act,...

...amount, as well as empowering the president to provide for free coinage of silver without limit or to reduce the gold content of the dollar by as much as 50 percent. These powers over money, the amendment declared, might be used to effect major adjustments in the economy,...