FINAL VICTORY
PRESIDENT ROOSEVELT
DEVALUATION OF THE DOLLAR
SENATE PASSES BILL
(By Telegraph—Press Association— Copyright.)
Received July r 6, 2.15 p.m.)
WASHLNGTON, July 5
President Roosevelt won a final : victory over the dollar devaluation I issue when the Senate passed by 43 votes to 39 a monetary measure restoring his power to further devaluate the dollar. The period is two years, and the measure will bej come law with the President's signa-, 'ture. Nineteen Democrats voted against the measure, but the Senate as a whole reversed the position it took up last i week. The Republicans contended that the1] Senate's action could not prevent the lapse of the monetai*y measure •which ceased to operate on June 30 without Congressional continuation. The Attorney-General, Mr. Murphy, ruled, however, that the vote, today restored the law.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390706.2.90
Bibliographic details
Evening Post, Volume CXXVIII, Issue 5, 6 July 1939, Page 10
Word Count
133FINAL VICTORY Evening Post, Volume CXXVIII, Issue 5, 6 July 1939, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in