Executive Order 11110 Explained
Kennedy on june 4 1963.
Executive order 11110 explained. Amendment of executive order no. Executive order 11110 was issued by u s. Executive order 11110 was issued by u s.
Kennedy on june 4 1963. This executive order delegated to the secretary of the treasury the president s authority to issue silver certificates under the thomas amendment of the agricultural adjustment act as amended by the gold reserve act. Preceding unsigned comment added by 90 164 52 89 11 26 15 january 2011 utc no it s not true.
As explained in the first article in this series the modern withholding tax. Executive order 11110 explained. Presidents unfortunately they were both also assassinated.
By virtue of the authority vested in me by section 301 of title 3 of the united states code it is ordered as follows. Kennedy and abraham lincoln are two of history s most popular and influential u s. On june 4th 1963 president kennedy signed executive order 11110.
10289 as amended relating to the performance of certain functions affecting the department of the treasury. Executive order 11110 was issued by u s. Amendment of executive order no.
However the push for sound money has a fairly recent history. Yet some people believe we re missing the. In short it was an order for the treasury to issue certificates backed by silver bullion as well as to mint silver dollars that would be considered money.
Kennedy on june 4 1963. This executive order amended executive order 10289 dated september 17 1951 by delegating to the secretary of the treasury the president s authority to issue silver certificates under the thomas amendment of the agricultural adjustment act as amended by the gold reserve act. This executive order 11110 is rescinded by president lyndon baines johnson the 36th president of the united states 1963 to 1969 on air force one from dallas to washington the same day as president kennedy was assassinated.
Executive order 11110 could have prevented the national debt from reaching its current level because it would have given the government the ability to repay its debt without going to the federal reserve and being charged interest in order to create the new money.