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" Resolution was adopted and when the payments under the "gold clauses" were sought. On March 6, 1933, the President, stating that there had been "heavy and unwarranted withdrawals of gold and currency from our banking institutions for the purpose of hoarding... "
Emergency Controls on International Economic Transactions: Hearings Before ... - Pagina 231
de United States. Congress. House. Committee on International Relations. Subcommittee on International Economic Policy and Trade - 1977 - 281 pagini
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Gold Reserve Act of 1934: Hearings Before the Committee on Banking and ...

United States. Congress. Senate. Committee on Banking and Currency - 1934 - 402 pagini
...THE UNITED STATES OF AMERICA (No. 2039) [BANK HOLIDAY, MAR. e-9, i«33, INCLUSIVE] Whereas there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding ; and Whereas continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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Gold Reserve Act of 1934: Hearings Before the Committee on ..., Volumul 1

United States. Congress. Senate. Committee on Banking and Currency - 1934 - 334 pagini
...PRESIDENT OF THE UNITED STATES OF (No. 2039) [BANK HOLIDAY, MAR. e-9, 1933, INCLUSIVE] Whereas there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding ; and Whereas continuous and increasingly extensive speculative activity abroad In foreign exchange has resulted...
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Gold Reserve Act of 1934: Hearings Before the Committee on Banking Anc ...

United States. Congress. Senate. Committee on Banking and Currency - 1934 - 332 pagini
...THE UNITED STATES or AMERICA (No. 2039) [BANK HOLIDAY, MAR. os), 1033, INCLUSIVE] Whereas there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding ; and Whereas continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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The Gold Clause Cases

United States. Supreme Court - 1934 - 534 pagini
...PRESIDENT OF THE UNITED STATES", p. 1) [BANK HOLIDAY, MARCH 6-9, 1933, INCLUSIVE] WHEREAS there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding; and WHEREAS continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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The National emergencies act (Public Law 94-412): source book, legislative ...

1976 - 390 pagini
...1933, to declare a bank holiday and control the export of gold. Schlesinger, The doming of the \ew Deal 4 (1959). The bank holiday proclamation noted...and currency from our banking institutions for the purpoKe of hoarding" and that increasing simulation abroad in foreign exchange had resulted In severe...
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Trading with the Enemy: Legislative and Executive Documents Concerning ...

United States. Congress. House. Committee on International Relations. Subcommittee on International Trade and Commerce - 1976 - 764 pagini
...1933, Inclusive BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION WHEREAS there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding; and WHEREAS continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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The Banking Panics of the Great Depression

Elmus Wicker - 2000 - 196 pagini
...proclamation on March 6 recognized the priority of both of these considerations: Whereas there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding; and Whereas continuous and increasingly extensive speculation actively abroad in foreign exchanges has...
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Constitution: The Story of the Nation's Descent from a Constitutional ...

Eugene Schroder, Micki Nellis - 2000 - 254 pagini
...debased." President Roosevelt's Proclamation 2039 (as suggested by the bankers) began "Whereas there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding..." time they presented the federal reserve note. Now many people were starving, living on the street or...
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The Rise of the Global Economy

Michael Veseth - 2002 - 610 pagini
...was as follows: BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A Proclamation WHEREAS there have been heavy and unwarranted withdrawals of gold and...banking institutions for the purpose of hoarding; and WHEREAS continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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FDR’s First Fireside Chat: Public Confidence and the Banking Crisis

Amos Kiewe - 2007 - 172 pagini
...Treasury officials advocated. The proclamation closing the banks was justified, stated Roosevelt, by the "heavy and unwarranted withdrawals of gold and currency...banking institutions for the purpose of hoarding." A "continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted...
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