Word: coin
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Decision on the five cases which are the basis for action in the gold clause suits now before the Court, hinges upon the validity of Public Resolution No. 10 of the 73rd Congress. In effect, this declared that every debtor who has agreed to pay his debt in gold coin of a certain value, or in any amount of money measured thereby, shall be discharged from that debt upon payment dollar for dollar in any coin or currency which at the time of payment is legal tender for public or private debts. More simply stated, it means: That under...
...Trenchard's bench, clamped a piece of wood in it and skimmed off a shaving with the plane found in Hauptmann's garage. With a piece of paper and a pencil he made a rubbing of the planed surface as a child reproduces the design of a coin. He then made a similar rubbing of a planed surface on the ladder, showed the jury that the striations on both rubbings were identical...
...Bullion" had its annual meeting along with other New York State trust companies, but there was nothing in its vaults to justify its nickname. Super-solvent though it was, a distant relative of Chemical's onetime Acting President James A. Roosevelt had commandeered every dollar of gold coin and bullion it possessed...
...week's gyrations in the foreign exchange market. The big Manhattan banks dared not buy foreign metal and thus hold the price of dollars at the gold-import point. Profit margins on gold imports spread to fabulous proportions but no bank would risk a 41% loss while the coin or bullion was crossing the seas...
...Eugene Nortz once held $106,300 of U. S. certificates in which the Treasury promised to pay the bearer on demand in good old-value gold coin. Mr. Nortz was compelled by Presidential order to turn his certificates in and take devalued dollars. So he sued the Government in the Court of Claims which put the case up to the Supreme Court...