On the record
Nevertheless, gold, and to a partial extent silver, are perfectly good bases for currency and that is why I decided not to let any of the gold now in the country go out of it.
Source
gutenberg.orgFDR: “Nevertheless, gold, and to a partial extent silver, are perfectly good bases for currency and that is why I decided not…”
Editor's note · Context
Roosevelt discusses the importance of maintaining gold reserves for currency stability.
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