THE PRESIDENCY: Three Dollars

Gossips said that President Roosevelt was suffering from sinus trouble, but the President described the ailment which confined him to his four-poster bed for two days last week as "sniffles." Attired in striped flannel pajamas and an old white sweater, the President played with his many varieties of U. S. stamps and his three varieties of U. S. dollars: world, R.F.C.-gold and commodity-value.

Inaugurating his new monetary policy (TIME, Oct. 30), President Roosevelt watched Reconstruction Finance Corp. first offer to U. S. gold producers $31.36 an oz. for their product. Later in the...

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