BLACK FRIDAY: George S. Boutwell, Secretary of the Treasury, orders the sale of 4,000,000 Dollars in gold (lawful Money) on the market, causing the price to fall 18% in fifteen minutes ruining many investors, including Jay Gould and James Fisk who were attempting to corner the gold market.
[restored 3/5/2021]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 5]
ccc-2point0.com/constitution-for-the-united-states
References:
“Today in History,” Orange County (California) Register, 24 September 2011, News:3.
The Federal Reserve and you
endthefednc.wordpress.com/
U.S. Banking Timeline
www.libertyforlife.com/banking-currency-us-timeline.html