Executive Order 6102

Whoever willfully violates any provision of this executive order or of these regulations or of any rule regulation or license issued thereunder may be fined not more than 10 000 or if a natural person may be imprisoned for not more than ten years or both.

Executive order 6102. Executive order 6102 is a united states presidential executive order signed on april 5 1933 by president franklin d. And any officer director. Executive order 6102 requiring gold coin gold bullion and gold certificates to be delivered to the government.

Executive order 6102 is a united states presidential executive order signed on april 5 1933 by president franklin d. A copy of the original executive order from fdr. In 1933 the matter first came before the supreme court.

Forbidding the hoarding of gold coin gold bullion and gold certificates by virtue of the authority vested in me by section 5 b of the act of october 6 1917 as amended by section 2 of the act of march 9 1933 entitled. How exactly was the fix put in place. Executive order 6102 by president of the united states.

In 1933 at the height of the great depression president franklin delano roosevelt fdr confiscated all of the gold that american private citizens held. The effect of the order in conjunction with the statute under which it was issued was to criminalize the possession of monetary gold by any individual. Roosevelt forbidding the hoarding of gold coin gold bullion and gold certificates it required all persons to deliver on or before may 1 1933 all gold coin gold bullion and gold certificates owned by them to the federal reserve under the trading with the enemy act of october 6 1917 as.

Franklin roosevelt s executive order 6102 made it illegal for citizens to own gold except in the smallest of quantities. Executive order 6102 is an executive order signed on april 5 1933 by us president franklin d. The order was made under the authority of the trading with.

It came to the supremes in a series of disputes called the gold clause cases. Roosevelt forbidding the hoarding of gold coin gold bullion and gold certificates within the continental united states. Fdr issued executive order 6102 also known as the gold confiscation act.

By virtue of the authority vested in me by section 5 b of the act of october 6 1917 as amended by section 2 of the act of march 9 1933 entitled an act to provide relief in the existing national emergency in. Roosevelt forbidding the hoarding of gold coin gold bullion and gold certificates within the continental united states.