THE AMERICAN DOLLAR
REDUCTION OF GOLD CONTENT APPROVED BY THE SENATE. WASHINGTON, April 27. The Senate approved of the section ri the inflation proposal authorising the President to reduce the gold content of the dollar. Under an amendment" made shortly before the vote, this section does not affect silver coinage. An amendment was inserted by the Benate authorising the President to remonetise silver at any ratio to gold he ■ees fit, and that remained in the Bill.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19330429.2.57
Bibliographic details
Otago Daily Times, Issue 21940, 29 April 1933, Page 9
Word Count
77THE AMERICAN DOLLAR Otago Daily Times, Issue 21940, 29 April 1933, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.