Extension of Stabilization Fund and Powers, Etc, Hearing ..., on H.R. 3325 ..., Feb 28, March 3, 7, 8, 10, 17, 23, 1939, Volumen661939 - 279 páginas |
Términos y frases comunes
$35 an ounce American amount ANDRESEN answer Bank of England BECKHART bill bonds BRADFORD British BYRON cents an ounce CHAIRMAN circulation CLINCH coin coinage committee commodities Congress cost currency debt December December 21 deposit domestic silver EBERHARTER effect excess reserves exports Federal Reserve banks Federal Reserve notes Federal Reserve System finance foreign silver France gentleman gold certificates gold dollar Gold Reserve Act gold standard gold stock Government increase interest issue January JORDAN KNOKE LUCE member banks ment monetary value newly mined operation ounces of silver PARSONS percent pound present President price level price of gold price of silver proclamation profit question redemption Secretary MORGENTHAU securities seigniorage SHEPPARD silver certificates silver dollar Silver Purchase Act SMITH stabilization fund statement sterling tion trade Treasury United United States coinage WHITE York
Pasajes populares
Página 270 - Act, but the repeal of existing laws or modifications thereof embraced in this Act shall not affect any act done, or any right accruing or accrued, or any suit or proceeding had or commenced in any civil cause before...
Página 83 - That the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine, as established by section thirty-five hundred and eleven of the Revised Statutes of the United States, shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity.
Página 91 - Silver Purchase Act of 1934." SEC. 2. It is hereby declared to be the policy of the United States that the proportion of silver to gold in the monetary stocks of the United States should be increased, with the ultimate objective of having and maintaining, one-fourth of the monetary value of such stocks in silver.
Página 72 - And it is hereby further declared that the efforts of the Government should be steadily directed to the establishment of such a safe system of bimetallism as will maintain at all times the equal power of every dollar coined or issued by the United States, in the markets and in the payment of debts.
Página 91 - Treasury not otherwise appropriated, at such rates, at such times, and upon such terms and conditions as he may deem reasonable and most advantageous to the public interest...
Página 25 - An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes...
Página 25 - The President is authorized, in addition to other powers, to reduce the weight of the standard silver dollar in the same percentage that he reduces the weight of the gold dollar. "The President is further authorized to reduce and fix the weight of subsidiary coins so as to maintain the parity of such coins with the standard silver dollar and with the gold dollar.
Página 83 - Every obligation, heretofore or hereafter incurred, whether or not any such provision is contained therein or made with respect thereto, shall be discharged upon payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts.
Página 72 - ... be of equal intrinsic and exchangeable value, or be adjusted through international agreement or by such safeguards of legislation as shall insure the maintenance of the parity of the two metals and the equal power of every dollar, at all times, in the markets and in the payment of debts; and we demand that all paper currency shall be kept at par with and redeemable in such coin.
Página 25 - The President is further authorized to issue silver certificates in such denominations as he may prescribe against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, and to coin standard silver dollars or subsidiary currency for the redemption of such silver certificates"; and...