,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #edjd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bb1 #bjah ,mr4  
,mooney ( ,we/ ,virg9ia introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to def9e ! doll> z a fix$      
weight ( gold4  #a4 ,f9d+s ,congress    
f9ds ! foll[+3 7#a7 ,! ,unit$ ,/ates    
doll> has lo/ #cj p]c5t ( its pur*as+   
p[] s9ce #bjjj1 & #if p]c5t ( its       
pur*as+ p[] s9ce ! end ( ! gold /&>d 9  
#aiac4  7#b7 ,"u ! ,f$]al ,res]ve's #b  
p]c5t inflation objective1 ! doll> loses
 half ( its pur*as+ p[] e g5]ation1 or  
#ce ye>s4  7#c7 ,am]ican families ne$   
long-t]m price /ability to meet _!      
h\sehold sp5d+ ne$s1 save money1 & plan 
= retirem5t4  7#d7 ,! ,f$]al ,res]ve    
policy ( long-t]m inflation has made    
,am]ican manufactur+ uncompetitive1     
rais+ ! co/ ( ,unit$ ,/ates manufactur$ 
goods by m ?an #dj p]c5t s9ce #bjjj1    
comp>$ to less ?an #bj p]c5t 9 ,g]many &
 ,france4  7#e7 ,betwe5 #bjjj & #bjaj1  

,unit$ ,/ates manufactur+ employm5t     
%runk by "o-?ird aft] hold+ /eady = #cj 
ye>s at ne>ly #bj1jjj1jjj jobs4  7#f7 ,!
 ,am]ican economy ne$s a /able doll>1   
fix$ ex*ange rates1 & money supply      
controll$ by ! m>ket n ! gov]nm5t4  7#g7
 ,! gold /&>d puts control ( ! money    
supply ) ! m>ket in/ead ( ! ,f$]al      
,res]ve4  7#h7 ,! gold /&>d means legal 
t5d] def9$ by & conv]tible into a c]ta9 
quantity ( gold4  7#i7 ,"u ! gold /&>d  
?r\gh #aiac ! ,unit$ ,/ates economy grew
 at an annual av]age ( f\r p]c5t1       
"o-?ird l>g] ?an ! gr[? rate s9ce !n &  
twice ! level s9ce #bjjj4  7#aj7 ,!     
int]national gold ex*ange /&>d f #aiad  
to #aiga did n provide = a ,unit$ ,/ates
 doll> conv]tible into gold1 & !re=e    
help$ cause ! ,great ,depression &      
/agflation4  7#aa7 ,! ,f$]al ,res]ve's  
trickle d[n policy ( exp&+ ! money      
supply ) no dem& = x has enri*$ ! own]s 
( f9ancial assets b endang]$ ! jobs1    
wages1 & sav+s ( blue coll> work]s4     
7#ab7 ,re/or+ ,am]ican middle-class     

prosp]ity requires *ange 9 monet>y      
policy au?oriz$ to ,congress 9 ,article 
,i1 ,section #h1 ,clause #e ( !         
,con/itution4  #b4 ,def9e ! doll> 9 t]ms
 ( gold ,effective #cj mon?s aft] ! date
 ( enactm5t ( ?is ,act--  7#a7 !        
,secret>y ( ! ,treasury 79 ?is ,act     
ref]r$ to z ! ,secret>y7 %all def9e !   
doll> 9 t]ms ( a fix$ weight ( gold1    
bas$ on t day's clos+ m>ket price (     
gold2 &  7#b7 ,f$]al ,res]ve ,banks %all
 make ,f$]al ,res]ve notes ex*angeable )
 gold at ! /atutory gold def9ition ( !  
doll>4  #c4 ,disclosure ( hold+ ,dur+ ! 
#cj-mon? p]iod foll[+ ! date ( enactm5t 
( ?is ,act1 ! ,unit$ ,/ates ,gov]nm5t   
%all take timely & reasonable /eps to   
disclose all ( its hold+s ( gold1 toge!r
 ) a contemporane\s report ( any ,unit$ 
,/ates gov]nm5tal pur*ases or sales1 ?us
 enhanc+ ! ability ( ! m>ket & ( m>ket  
p>ticipants to arrive at ! fix$         
doll>-gold p>ity 9 an ord]ly fa%ion4