"FORCED OUT"
mr acheson's retirement may cause attack on roosevelt QUESTION OF GOLD BUYING (Press Assn. — By Telegraph— Copyright). Ree.JSfov. 27, 7.50 p.m.) ^ New York, Nov. 26. The New York Herald-Tribune declares that Mr. Acheson was forced from his Treasury post due to his contention that gold buying through the Reconstruction Finance Corporation was illegal. In a memorandum submitted to the President before his resignation, Mr. Acheson construed the provisions of the Reconstruction Finance Corporation as not being guch that it could allow its security to be exchanged for gold. Countering this the corporation's counsel, the Attorney-General, Mr. Cummings, submitted opinions declarjng that the corporation was authorised to re-finance itself through the Fale of its securities and thus the purchasers of gold were within the law. It is expected that Mr. Acheson will form the basis of a Congressional attack upon Mr. Roosevelt's policy with the result that revision may be made of the Reconstruction Finance Corporation regulations.
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Rotorua Morning Post, Volume 3, Issue 700, 28 November 1933, Page 5
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158"FORCED OUT" Rotorua Morning Post, Volume 3, Issue 700, 28 November 1933, Page 5
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