Word: whereases
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Dates: during 1930-1939
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"Whereas, I find, upon investigation, that the foreign commerce of the United States is adversely affected by reason of the depreciation in the value of the currencies of other governments in relation to the present standard value of gold, and that an economic emergency requires an expansion of credit; and...
"Whereas, I find, from my investigation, that, in order to stabilize domestic prices and to protect the foreign commerce against the adverse effect of depreciated foreign currencies, it is necessary to fix the weight of the gold dollar at 15 5/21 grains nine-tenths fine, . . .
2) The pound depreciated faster than the dollar. In two days nearly $30,000,000 of gold was ordered shipped from Europe. Heavy purchases in the London gold market far exceeded the relatively small amount of newly mined gold for sale there. Since the Bank of England is not a...
The rates of interest would be some what flexible, so far as the R.F.C. is concerned, in order to help the banks carry what might otherwise be described as "slow" paper. Thus if a bank rediscounted a loan for $10,000 and received $8,000 back from the R.F.C., the...
Myron and Ora Weagle, sons of a small-town hotelkeeper in Connecticut, are as different as brothers can be. Myron is a conscientious worker whereas Ora fancies himself as a poet. When they leave home, Myron is content to get an even more menial job at another hotel, but Ora...