Word: moneys
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Dates: during 1930-1939
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...President further flayed Congress for failing to vote money to run the District of Columbia. To the D. C. Commissioners, he wrote a letter directing them to incur debts for vital services (police, fire, water, health...
...76th Congress and the 32nd President last week really got to grips once more and both were sore-almost as sore as they were two years ago over the Supreme Court. What they fought about this time was the bill to extend the President's power over money, but what they were principally sore at was each other...
There were four main issues involved in the money bill...
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 domestic silver. In Hyde Park, President Roosevelt hit the ceiling. He accused the hard-money men of returning control of the U. S. dollar to Wall Street's exchange speculators. Secretary Morgenthau announced that U. S. farmers and businessmen had "better start worrying seriously" if the Senate...
...went to House-Senate conference. There Mr. Roosevelt's men contrived a deal with the silver Senators, promised that the Treasury would pay 70.95? for domestic silver metal. So with the silverites' consent the dollar devaluation power was restored to the bill. This deal infuriated the hard-money...