Word: embargoing
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Dates: during 1930-1939
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...President Roosevelt abruptly swept the U. S. off the gold standard and let the dollar coast down toward the depreciated currency levels of 34 foreign powers. Domestic economy controlled the President's action but there was hardly a country on earth that did not see in his gold embargo order a slick trick in world finance. This opinion was intensified by the fact that he had moved only two days before beginning his White House conferences preparatory to the World Economic Conference...
...definitely off the gold standard and headed it in the direction of currency inflation. There was no formal statement and the newshawks, scribbling frantically to catch his husky words, were warned that they could not direct-quote the President. But there was the stark fact: the President was embargoing the export of gold. It meant that the dollar, no longer convertible into gold, would have to shift for itself in foreign exchange and seek its own level downward. Was this a sudden decision by the President? No, he had planned the embargo order four days before. What was his primary...
...Passed (252-110) a resolution authorizing the President to proclaim and enforce an embargo on arms as a means of stifling foreign wars; sent it to the Senate...
...Russians might think the Soviet was afraid to mete out the same justice to the subjects of Imperial Britain as it does to its own Comrades. If they were found guilty, King George V had just put his signature to a bill empowering his Government to declare a complete embargo of Russian goods and cut off from Russia some $130,000,000 a year of her best customer's trade. Every diplomat, every reporter in Moscow fought for a seat in that blue & white room and gazed eagerly at the tables covered with red cloth where sat three sack...
...verdict of Guilty will almost certainly be pronounced, a verdict that will flame in every Soviet newspaper, BUT this verdict may be appealed to the Presidium of the Union Central Executive Committee which has the power to transmute death or prison sentences to deportation from Russia-IF the British embargo is not proclaimed and a new trade agreement is signed...