Word: ifs
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Dates: during 1930-1939
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4) Extension of the President's power to reset the gold content of the dollar as low as 50% of its old value (present value 59?). The Administration has not used this power, has no present plans for using it except in some emergency if the pound sterling and...
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...
First, two Democrats, Idaho's Clark and Colorado's Adams, accused the Senate conferees of not trying hard enough to defend the Senate's stand against the President's dollar power. Senator Townsend opened for the Republicans and then Senator Vandenberg asked all factions, who were...
Significance. The practical issue between the President and Congress last week was out of all proportion to the amount of heat engendered. Under the Gold Reserve Act of 1934, with the approval of the President, the Secretary of the Treasury may purchase gold "in any amounts at home or abroad...
Delivered at $2 a copy last week was FORTUNE's New York City number, for which 170,000 copies in addition to the regular run of 140,000 had been ordered in advance. In its 248 pages, 23 articles, 179 illustrations were innumerable facts about the world's...