We can't afford to lose a multi-faceted solution where it is the taxpayers.
- Sarah Palin Fictional Quote Generator v1.0
September 30, 2008
Sarah Palin Fictional Quote Generator
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This Day in History
  US President Franklin D. Roosevelt Forbids Hoarding of Gold (1933)Executive Order 6102 required US citizens and businesses to turn in all but a small amount of gold to the Federal Reserve in exchange for $20.67 per ounce. It came in the midst of a banking crisis, when the stability of paper currency was in doubt. Consequently, many tried to withdraw their money and redeem it for gold, which was considered safer. However, there simply was not enough gold in the US—or the world—to cover the nation's debts. How many people were prosecuted for violating the order? More... Discuss |
This Day in History
provided by The Free Dictionary
1 comment:
I hadn't seen this, thanks!
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