 | 1939 - 1506 pages
...The act of January 30, 1934, gave the President the power to reduce the content of the gold dollar to not more than 60 percent and not less than 50 percent of the value existing prior thereto. The President, by proclamation on January 31, 1934, as authorized... | |
 | United States. Congress. House. Committee on Interior and Insular Affairs - 1959 - 478 pages
...Act of 1934 was approved by the President. It required the President to fix the weight of the gold dollar at not more than 60 percent and not less than 50 percent of the then existing weight. On January 31, 1934, the President devalued the gold dollar by approximately... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1960 - 48 pages
...the Treasury balances with the Reserve banks in order to reimburse these balances for the Treasury's expenditures made in connection with acquisitions...the President set the gold content of the dollar at 15Hi grains of gold 0.900 fine. This constituted a reduction to 59.06 percent of trie former gold content... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1960 - 44 pages
...the Treasury balances with the Reserve banks in order to reimburse these balances for the Treasury's expenditures made in connection with acquisitions...the President set the gold content of the dollar at 15%i grains of gold 0.900 fine. This constituted a reduction to 59.0B percent of the former gold content... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1960 - 772 pages
...the Treasury balances with the Reserve banks in order to reimburse these balances for the Treasury's expenditures made in connection with acquisitions...the President set the gold content of the dollar at lotyi grains of gold 0.900 fine. This constituted a reduction to 59.06 percent of the former gold content... | |
 | United States Congress. House. Banking and Currency Committee - 1961 - 94 pages
...purchasing power of every kind of currency of the United States. Title III of the Act of May 12, 1933, w« amended by the Gold Reserve Act to authorize the President...50 percent, of its previous amount. On January 31, 1931t) the President set the gold content of the dollar at 15-5/21 grains of gold 0.900 fine. This... | |
 | United States. Congress. House. Committee on Banking and Currency - 1961 - 96 pages
...United States. Title III of the Act of Hay l2, l933, was «nended by the Oold Reserve Act to authorise the President to set the gold content of the dollar at not more than 60 percent, and not less than 30 percent, of its previous amount. On January 3l, 193U, the President set the gold content of the... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1963 - 232 pages
...purchasing power of every kind of currency of the United States. Title III of the Act of May l2, l933, was amended by the Gold Reserve Act to authorize the...than 50 percent, of its previous amount. On January 3l, l93U, the President set the gold content of the dollar at l5-5/2l grains of gold 0.900 fine. This... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1963 - 266 pages
...United States. Title III of the Act of May l2, l933, was anended by the Gold Reserve Act to authorise the President to set the gold content of the dollar at not aore than 60 percent, and not less than 50 percent, of its previous amount. On January 3l, l93U, the... | |
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Under the act, gold certificates owned by the Federal Reserve banks may be redeemed at such times and in such amounts as, in the judgment of the Secretary of the Treasury, are necessary to maintain the equal purchasing power of every kind of currency... 