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April 20, 1933

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Headlines from April 20, 1933

PRESIDENT TAKES ACTION; Moves to Bring Dollar Closer to the Pound and Raise Prices. CURRENCY STEP CHARTED. Farm Bill Amendment Drafted to Give Roosevelt the Broadest Powers. THOMAS TO SPONSOR IT Note Issue, Gold Devaluation or Limited Silver Authority to Be Sought.

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Roosevelt puts country off gold standard by ordering embargo on all gold exports except those earmarked; Sec Woodin admits standard is dropped "for time being"; Sen E Thomas revises agr bill amendment to give Roosevelt power to inflate currency

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