THE CONGRESS: Farewell to Gold

The U. S. Senate chamber was last week embellished with five huge maps hung upon its walls below the galleries by direction of Senator Copeland, who used them to deliver a graphic oration on why the St. Lawrence waterway treaty should not be ratified. But most of last week the maps served as a backdrop while the Senate went through the motions of considering the President's bill to seize the Federal Reserve Banks' gold and create a $2,000,000,000 fund for Treasury exchange operations as preliminaries to devaluation of the domestic dollar.

There was never a doubt about the bill's passage....

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