From the July 4th car show in the United parking lot in Pampa, Texas.
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July 6, 2008
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This Day in History
  US President Franklin D. Roosevelt Forbids Hoarding of Gold (1933)Executive Order 6102 required US citizens and businesses to turn in all but a small amount of gold to the Federal Reserve in exchange for $20.67 per ounce. It came in the midst of a banking crisis, when the stability of paper currency was in doubt. Consequently, many tried to withdraw their money and redeem it for gold, which was considered safer. However, there simply was not enough gold in the US—or the world—to cover the nation's debts. How many people were prosecuted for violating the order? More... Discuss |
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2 comments:
Oh what a sleek car - want one !
Very nice, huh? I wanted to take more photos of it, but was lucky to get a couple.
There was a guy standing there talking to some others; he had a big ol' expensive camera and snickered when he saw my little P&S. He came very close to getting knocked on his butt.
I wouldn't refuse this car if someone wanted to gift me with it, but I'd really rather have the Thunderbird I posted pics of the other day.
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