The dollar problem: report by Senator Peter H. Dominick on a factfinding trip to England, France, Switzerland, and Italy from July 22 to August 1, 1963
U.S. G.P.O., 1963 - Business & Economics - 10 pages
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22 to August 25-percent gold back our currency balance of payments balance-of-payments deficit Banking and Currency billion Canadian exemption capital tax program central banks Chairman Committee on Banking Communists create Currency Committee cut in foreign D.C. Dear decrease gold despite DOLLAR PROBLEM dollar reserves Dominick factfinding trip Federal Reserve foreign aid foreign capital free gold reserves French franc gold and dollar gold backing gold losses gold supply gold to dollars increase inflationary pressures International Finance International Monetary Fund Italy from July Jacques Rueff's theories JAVITS JOHN SPARKMAN July 22 key industries Kingdom currency reserves large number losses continue national budget percent dollars percent gold Peter H President's capital tax price of gold proposed capital tax rediscount rate revaluate the dollar Senate Banking Senator Peter H sharp cut Short-term dollar holdings stimulate gold production Subcommittee on International Swiss franc trip to England U.S. investments U.S. Senator West Germany WILLIAM PROXMIRE Willis Robertson