GOLD STANDARD ON THE BOOZE.

ROOSEVELT, Franklin D. (Franklin Delano), 1882-1945; WARREN, George Frederick

The article focuses on New Deal, the legislative and administrative program of U.S. President Franklin D. Roosevelt designed to promote economic recovery and social reform in the 1930s. The first monetary measures taken by the president was to temporarily prohibit the shipment of gold abroad. Roosevelt has negotiated with European monetary authorities to develop a stabilization agreement in the exchange rates of the U.S. dollar. The economic recovery plans of the president were related to a theory of George Frederick Warren, a professor of agricultural economics and farm management.