Executive Order 6102

E159784

Executive Order 6102 was a 1933 U.S. presidential directive by Franklin D. Roosevelt that required Americans to surrender most of their gold holdings to the government in an effort to combat the Great Depression and stabilize the banking system.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States executive order
legal instrument
alsoKnownAs Executive Order 6102
surface form: Gold Confiscation Order

Executive Order 6102
surface form: Roosevelt gold seizure order
appliesTo associations in the United States
corporations in the United States
individuals in the United States
partnerships in the United States
compensationRate 35 US dollars per troy ounce of fine gold
country United States of America
dateSigned 1933-04-05
effect facilitated devaluation of the US dollar against gold
increased federal control over gold reserves
restricted private ownership of monetary gold in the United States
exemption dental uses of gold
gold coins with recognized special value to collectors
industrial uses of gold
small amounts of gold for personal use
historicalContext Great Depression
surface form: Great Depression in the United States

banking crisis of 1933
issuedDuring New Deal
surface form: First 100 days of Franklin D. Roosevelt
jurisdiction federal law of the United States
language English
legalBasis Emergency Banking Act
surface form: Emergency Banking Act of 1933

Trading with the Enemy Act
surface form: Trading with the Enemy Act of 1917
locationSigned Washington, D.C.
partOf New Deal financial regulatory framework
surface form: New Deal monetary reforms
penalty both fine and imprisonment
fine up to 10000 US dollars
imprisonment up to 10 years
president President Franklin D. Roosevelt
surface form: Franklin D. Roosevelt
publisher Federal Register
purpose to combat the Great Depression
to prevent hoarding of gold
to require surrender of most gold held by persons and entities in the United States
to stabilize the banking system
relatedTo Executive Order 6260
Gold Reserve Act
surface form: Gold Reserve Act of 1934

United States gold standard
requires delivery of gold bullion to Federal Reserve banks or member banks
delivery of gold certificates to Federal Reserve banks or member banks
delivery of gold coin to Federal Reserve banks or member banks
signedBy President Franklin D. Roosevelt
surface form: Franklin D. Roosevelt
subject Great Depression
gold ownership
monetary policy
title Executive Order 6102 self-link
year 1933

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Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Gold Reserve Act relatedTo Executive Order 6102
Executive Order 6102 title Executive Order 6102 self-link
Executive Order 6102 alsoKnownAs Executive Order 6102
this entity surface form: Gold Confiscation Order
Executive Order 6102 alsoKnownAs Executive Order 6102
this entity surface form: Roosevelt gold seizure order
United States gold policy codifiedBy Executive Order 6102