The department of the treasury begins selling its gold stock (lawful Money) in exchange for irredeemable Federal Reserve Notes (Bills of Credit).
[restored 11/15/2022]
Subsequent Events:
References:
USGS – gold history & Significant Events
www.sharelynx.com/papers/goldHistory.php
http://minerals.usgs.gov/minerals/pubs/commodity/gold/300798.pdf
minerals.usgs.gov/minerals/pubs/commodity/gold/300798.pdf
Current U.s. National Debt:
