THE CONGRESS: Work Done, Feb. 1, 1937

The Senate: ¶ Passed a bill extending until June 30. 1939 the Gold Reserve Act of 1934 (continuing the $2,000,000.000 Stabilization Fund and the power of the President to fix the gold content of the dollar anywhere between 50% and 60% of its old weight); sent it to the House. ¶ Suspended its rules by unanimous consent in order to confirm without referring to committee the nomination of James Aloysius Farley as Postmaster General (only member of the Cabinet whose term of office automatically ends with that of...

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