Word: billing
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Dates: during 1930-1939
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There were four main issues involved in the money bill...
Last fortnight the Senate's hard-money men led by Virginia's Carter Glass killed the section of the bill renewing the President's power to revalue the dollar by getting Key Pittman's silver bloc to join them -the price being 77.57? an oz. for domestic silver. In Hyde Park, President Roosevelt hit the ceiling. He accused the hard-money men of returning control of the U. S. dollar to Wall Street's exchange speculators. Secretary Morgenthau announced that U. S. farmers and businessmen had "better start worrying seriously" if the Senate...
...bill went to House-Senate conference. There Mr. Roosevelt's men contrived a deal with the silver Senators, promised that the Treasury would pay 70.95? for domestic silver metal. So with the silverites' consent the dollar devaluation power was restored to the bill. This deal infuriated the hard-money...
...House, when the conference report came out, Republicans demanded roll calls to delay matters as the midnight deadline approached. On the Senate side, a grim procession of Republicans filed into Senator Townsend's office, came out resolved to talk the bill to death...
...conference report then arrived in the Senate for final approval. It had to lie untouched for hours while its foes used up time debating the Relief act, which also had to be finished that day. It was dinner time before Senator Wagner, in charge of the money bill, could bring...