Exchanging Agricultural Surplus Products for Silver: Hearings Before the Committee on Agriculture and Forestry, United States Senate, Seventy-third Congress, Second Session, on H.R. 7581, H.R. 1577, and S. 3039, Bills to Exchange Agricultural Surplus Products for Silver, and for Other Purposes. March 27, 28, 29, 30, and April 2, 1934
U.S. Government Printing Office, 1934 - Agriculture - 166 pages
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abroad accept actual agricultural American amount answer authorized banks base basis bill billion Board bring cash cause cents CHAIRMAN China circulation coin committee commodities confidence Congress correct cotton course currency debts demand deposits depression Dies dollar economic effect England exchange expand export extent fact Federal Reserve banks FIESINGER figures fixed follows foreign France give going gold standard GOLDEN WEISER GOLDENWEISER Government important increase inflation interest issue JANNEY less loans manufacturers matter means measure metallic monetary ounces payment percent present President price level price of silver provides purchasing power question raise reason record redeem result rise Secretary Senator THOMAS Senator WHEELER silver certificates statement supply surplus thing tion trade Treasury true United volume
Page 35 - Treasury is authorized and directed to purchase silver, at home or abroad, for present or future delivery with any direct obligations, coin, or currency of the United States, authorized by law, or with any funds in the Treasury not otherwise appropriated, at such rates, at such times, and upon such terms and conditions as he may deem reasonable and most advantageous to the public interest...
Page 2 - ... shall be receivable for customs, taxes, and all public dues, and when so received may be reissued...
Page 2 - This certifies that there is on deposit in the Treasury of the United States of America one dollar in silver payable to the bearer on demand.
Page 1 - UNITED STATES SENATE, COMMITTEE ON AGRICULTURE AND FORESTRY, Washington, DG The committee met, pursuant to call, at 10 am, in room 324, Senate Office Building, Washington, DC, Senator George D.
Page 3 - All acts or parts of acts inconsistent with any of the provisions of this act are hereby repealed.
Page 110 - ... the horrible cycle of deflation, with its terrible consequences in human suffering, begins to revolve toward the abyss. Then the only hope for humanity was to stop gold payments, to go off gold.
Page 33 - I think, which authorized the creation of a board composed of the President, the Secretary of the Treasury, the Secretary of Commerce, and the Secretary of Agriculture in reference to payment for the agricultural surplus in silver.
Page 29 - ... am, the committee went into executive session, at the conclusion of which the committee adjourned...