PROCLAMATIONS, 1933. IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the United States to be affixed. DONE at the City of Washington this fourteenth day of December, in the year of our Lord nineteen hundred and thirty-three, [SEAL) and of the Independence of the United States of America the one hundred and fifty-eighth. FRANKLIN D ROOSEVELT By the President: WILLIAM PHILLIPS Acting Secretary of State. [No. 2066) [COINAGE OF SILVER} BY THE PRESIDENT OJ.' THE UNITED STATES OF AMERICA A PROCLAMATION 1723 , '." • • I'realll hie. 'WHEREAS bYlaragraI)h (2) of secthn 43 title III of the Act of C'olnaKe of silw. Congress, approve May 12, 1933 (Public No. 10), the President IS Statutory authorizll- authorized" By proclalHntion to fix the weight of the ~old dollar in ti(~'ntt. p.li2. grains nine-tenths fine and also to fix the weight of the SlIver dollar in gmins nine-tenths fine at a definite fixed ratio in relation to the gold dollar at such amounts as he finds necessary from Ilis investigation to stabilize domestic pJ1ees or to protect the foreign commerce against the adverse effect of depreciated foreign currencies, and to provide for the unlimited coinage of such gold and silver at the ratio so fixed,
- * *";and
'VHEHEAS, from investiGations made by me, I find it necessary, Stlll~ilizjllg do~~stlr. • , ..,.". • prices, protect Ion m (.Hl of the stabilizatIOn of ( omestw prwes and lJl aecordance WIth the af(alnstdepr!~(~iatl'(1 for- poli(~y find program authorized by Congress, whi(~h are now being elgn currenCleS,l:tc. ndministererl, and to Pl'lli-cct our foreign commer('e against the adverse effect of depreciated forei[..!,TI currendes, thnt the price of silver be enhan{'ecl and stuhilized; find 'YlIEHKAS a )'esolution presented by the Dele~ati()n of the United .ReSfJlqtion of World ... '.. • ~ , EconomIC 11111\ Moue- States of AmeJ1ca was unnmmously adopted at t 16 "orld EconoIllw tary Conference. and Monetary Conference in London on July 20, 1933, hy the repre- r,.:ent!1tiv('s of sixty-six Governmcnts, whieh in tmhstauC'e provided that Governments \\-ill ahnndon the policy nTHi praetice of melting up or dobasing' l'iilver coins; tlilli l(lW vnJued silvf'r ('l1rrCllCY he rephwcd with silver ('oill3 and that no ]cgistntioll 8110\:1<1 be cnndcd thftt will deprc- \'!atc O:e vnlue of silver; and "'lIl~RKAS t1 sCJ)arnti) im.L slP)plernentlll Ewreement was ('utered .Rl'paratl' agrl'cml'nt~ • I • ' J. C" ., , With de'lgnaterl Silver- lilto, at the InstllllC'O of the representatives of the Umted Stntes, usingc?ulltrIes. . bdw2ca Cl:illn, Judi:!, lind Spain, tllC holders mld users of large JlO~d~Jtlltlons lin- qunntities of ~llycr, on the oIle huml, fllHl Australia., CtlIluda, :Mcxico, Peru, and the lJnited Stat('~ on the other hund, as the <:hief producers of silver, wherein Chinn agreed not to (lispose ()f any silver derived front the melting up or debasement of f;iln'r <'oins,und Indin agreed l~ot to disposo of over 35,000,000 (JUJl('es of silver per nunum during a period of fow' years cOlllllHm{'ing Ju,nuary 1, 1934, and Spain agreed not to dispose of over 5,000,000 ounecs of silver annuully during said
