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Word: speculationâ (lookup in dictionary) (lookup stats)
Dates: during 1934-1934
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Usage:

President Roosevelt had issued a proclamation under the Silver Purchase Act passed last June. Nobody would have to give up his table silver, silver ornaments, silver coins or silver tooth fillings. But owners of bullion?that is, those who had bought this commodity as a speculation???must turn in their silver at the nearest mint within 90 days. If they failed to do so, they could be punished by a fine of $2.58 for every ounce in their possession. Excepted from this order: manufacturers of silver and other commercial users. Silver miners will still get their special price of 64?...

Author: /time Magazine | Title: MONEY: Silver to Treasury | 8/20/1934 | See Source »

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