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Third, the fixing of a gold bullion, and not a gold exchange standard. Gold coin would not circulate, but all certificates would be gold certificates. Redemption in $5,000 bullion bars would be permitted, very much as the gold bullion standards of England and France have been operated in the past...

Author: By David Lawrence, | Title: Today in Washington | 11/29/1933 | See Source »

...uncontrolled inflation, which is already serious, increases with every day of governmental delay in announcing a definite stabilization plan." Gold Demand. In Washington, Halsey K. Davis filed a mandamus action in the District of Columbia Supreme Court alleging that on Oct. 25 he had demanded at the Treasury gold coin in payment for a $20 gold certificate and had been refused. He demanded that Secretary Woodin be ordered to pay him $20 in gold-of the old value-on the grounds that the first three sections of the banking act passed last March, and the executive orders issued under...

Author: /time Magazine | Title: Business: Dollar Squeezing | 11/13/1933 | See Source »

...special Easter offering. Southern Baptists are $5,500,000 in debt. They are organizing a "Baptists Hundred Thousand Club"-100,000 members who will give $1 extra a month to liquidate the debt in five years. Congregational & Christian Churches, about 33% behind, will specialize in parochial visiting, coin banks and a church Guest Book. Lutherans, receiving "slightly" less than last year, will canvass in November when will come the 450th anniversary of Martin Luther's birth...

Author: /time Magazine | Title: Religion: Spiritual Recovery | 10/2/1933 | See Source »

...broker snapped up that offering. Broker Ross found a dozen experienced brokers eagerly bidding against him, snatching up the stock under his nose. At each sale the price mounted. Trying desperately to fill his order he shouted hurriedly at the same time as another broker, had to flip a coin, according to custom, to see who got the purchase. By a sleight-of-hand he lost the toss, bid up & up. finally got the stock at 38, trembling to think what Marshall, Campbell's customer -doubtless watching the tape, seeing OWS sold again and again at higher prices -would...

Author: /time Magazine | Title: Business & Finance: Dullness & Horseplay | 8/14/1933 | See Source »

...dump the white metal on the world market for the next four years. Sales of surplus silver by the holding nations would be reduced to about the same extent that the producers agree to withhold silver from the world market by purchasing it for their treasury reserves of coin or bullion...

Author: /time Magazine | Title: WORLD CONFERENCE: This Word 'Conference' . . . ! | 7/31/1933 | See Source »

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