Gold Reserve Act revaluation of dollar by President Roosevelt causes tremendous trading throughout the nation and rise in price
Washington DC USA Date:1934, January 15 Duration:59 sec Sound:NO SOUND
U.S. President Franklin Roosevelt's plan to readjust national currency via the Gold Reserve Act, conveyed at the Congress in Washington DC. The United States Congress meet at the Capitol in Washington DC. The officials seated in the hall inside the Capitol building. The House leadership and officials seated in the center. Secretary of the Treasury, Henry Morgenthau, Jr. seated at his desk signing documents. Crates being unloaded from vessels and trading happening throughout the nation, Two men stocking gold in a bank , two negro youth pick cotton and smile, men busily trading on a mercantile exchange floor. Rise in prices, as a result of revaluation of dollar.
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