Excerpts from the Press Conference
05/17/1937
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Historical events could be very suitably and properly commemorated through the striking by the Government of medals in lieu of coins.
It seems only equitable, therefore, to adjust our tax system in accordance with economic capacity, advantage and fact.
A tax upon inherited economic power is a tax upon static wealth, not upon that dynamic wealth.
This new proposal for the striking of suitable medals will, I believe, encourage the adequate observance of these anniversaries.