THE PRICE OF GOLD
New York, Nov. 18. A New York American-Washington despatch declares that Mr. Roosevelt plans to stabilise the dollar on a reduced gold content before January 1. It predicts that the price of gold will be advanced to 41.34, or twice the statutory figure of 20.67. This would, in effect, be halving the gold content as provided in the original Thomas Inflation Plan.
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Rotorua Morning Post, Volume 3, Issue 693, 20 November 1933, Page 5
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66THE PRICE OF GOLD Rotorua Morning Post, Volume 3, Issue 693, 20 November 1933, Page 5
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