Salt Lake Telegram | 1933-05-26 | Page 1 | Results of Gold Standard Repeal Are Summarized

Results of Gold Standard Repeal Are Summarized D Br By Government bonds need not be redeemed in gold but can be paid in n any legal money Private debts such as mortgages mort mart gages can be paid in any legal money regardless of whether the original contract stipulated gold The war debts owed by foreign for for- or eign elga countries can can be paid in any legal money gold not being be ing tog necessary It will be unlawful to stipulate late gold in contracts made hereafter as the medium of payment All coins and currency legally legal legal- ly issued will become legal tender tender ten ten- der for payment of public or private debts