Should Congress Enact Legislation for the Expansion of Currency? PRO.

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  • Author(s): McGugin, Harold
  • Source:
    Congressional Digest. Mar1933, Vol. 12 Issue 3, p78. 3p.
  • Additional Information
    • Subject Terms:
      PRICE inflation; ECONOMIC stabilization; U.S. dollar; UNITED States. Congress
    • Subject Terms:
      UNITED StatesReport Available
    • Abstract:
      Argues in the favor of the enactment of the legislation by the U.S. Congress for the expansion of currency as of March 1933. Suitability of the U.S. Congress for reducing the value of the American gold Dollar; Impact of the reduction in the gold content of the American gold Dollar on commodity prices; Benefits of the reduction in the gold content of the American gold Dollar to the U.S.; Relationship between the number of grains in the American gold Dollar and the American foreign debts.