Word: embargoing
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Dates: during 1930-1939
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Shipped out of New York last week was $347,000 in government gold, the largest single export (exclusive of foreign ear-markings) since the President's embargo. In France, Italy, Belgium and other gold-standard countries it was to be used to make the government paychecks of Ambassadors, Ministers, diplomatic secretaries, consuls, military & naval attaches, clerks, stenographers and messengers worth their face value in gold dollars...
...regulate transactions in credit, currency, gold and silver by invoking war time powers to the extent of placing an embargo on gold or foreign exchange...
...Embargo. Because cheap goods from abroad may undermine the U. S. market and defeat domestic recovery, the President is authorized to embargo any and all imports...
Other changes voted in the measure with the help of rebellious Democrats: 1) rejection of Secretary Ickes' proposal for the Government to assume control of the oil industry; 2) adoption against the President's wishes of an embargo on all imports threatening domestic recovery; 3) adoption of a three-man board to handle public works instead of a single administrator. Greatly perturbed by his runaway committee's actions, Chairman Harrison announced that he would carry these anti-Administration amendments to the Senate floor, there stage his fight in the President's behalf. President Roosevelt sent...
During his first two months in office Secretary of the Treasury Woodin went through the banking crisis, the gold embargo and the inflation excitement with the help of able Republicans left behind by Herbert Hoover. At his right hand was Arthur Atwood Ballantine as Undersecretary and at his left James Henderson Douglas as Assistant Secretary. Francis Gloyd Await acted temporarily as Comptroller of the Currency. David Burnet continues as Commissioner of Internal Revenue and Walter Orr Woods as Treasurer of the U. S. Governor Eugene Meyer of the Federal Reserve Board lay low until his successor could be found...