William McChesney Martin, Jr., assistant secretary of the treasury for monetary affairs, is inaugurated as Chairman of the Federal Reserve Board of Governors (a Federal agency).
Postscript: Under his tenure, the wording on the bottom of the Federal Reserve Notes (Bills of Credit) was changed from “PAY THE BEARER ON DEMAND [ONE, FIVE, TEN, etc.] DOLLARS,” to simply read, “[ONE, FIVE, TEN, etc.] DOLLARS.” This is to further condition United states subject/enemy/citizens into believing that the Dollar is really a piece of paper, and not a piece of silver or gold.
[restored 9/8/2022]
Subsequent Events:
References:
Chair of the Federal Reserve – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Chair_of_the_Federal_Reserve
William McChesney Martin, Jr. – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/William_McChesney_Martin,_Jr.
The Federal Reserve and you
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Federal Reserve Note – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Federal_Reserve_Note