Gold Repeal Joint Resolution


 * Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,

{{SECTION|SEC. 2.|SEC. 2}}.

 * The last sentence of paragraph (1) of subsection (b) of section 43 of the Act entitled ‘‘An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes’’, approved May 12, 1933, is amended to read as follows:


 * ``All coins and currencies of the United States (including Federal Reserve notes and circulating notes of Federal Reserve banks and national banking associations) heretofore or hereafter coined or issued, shall be legal tender for all debts, public and private, public charges, taxes, duties, and dues, except that gold coins, when below the standard weight and limit of tolerance provided by law for the single piece, shall be legal tender only at valuation in proportion to their actual weight.´´

Approved June 5, 1933, 4:40 PM.

Legislative History



 * Notes:
 * Section 1
 * Most recently codified under 31 U.S.C.


 * Section 2
 * Section 8(a) of act June 16, 1933, ch. 90, 48 Stat. 199, provided in part that Title I of act May 12, 1933 may for all purposes be referred to as the “Agricultural Adjustment Act”.
 * &minus; also refered to as the “Agricultural Adjustment Act of 1933”.
 * Section 42 of the “Act of May 12, 1933” designated Title II as the:
 * “Emergency Farm Mortgage Act of 1933.”
 * Section 43 of the “Act of May 12, 1933” is the first section in:
 * TITLE III - Financing And Exercising Power Conferred By Section 8 Of Article I Of The Constitution: To Coin Money And To Regulate The Value Thereof

