Summary

US Supreme Court upholds restrictions on ownership of gold

Source Sherman Grinberg
Newsreel Paramount
Negative # PSN 4390
Clip SR001485_02_01mov
Title US Supreme Court upholds restrictions on ownership of gold
Description Title card: Court Upholds New $ - Washington - U S Supreme Court sustains government, 5-4 in gold clause cases - most vital decision in years / CU, pan across inscription on EXT US Supreme Court building: Equal Justice Under Law / pan Supreme Court justices in courtroom; their decision upholds restrictions on ownership of gold / journalists and guards outside courtroom / men in telephone booths grab documents from runners, read press releases into telephones / pan down EXT New York Stock Exchange / New York City: SOT Norman C Norman, who brought one of the gold clause cases: This decision gives us notice that the government can depreciate the value of money to any extent it desires / Washington, DC: EXT US Capitol, with trees in foreground / SOT US Senate Majority Leader Joseph Taylor Robinson (D-AR): The contentions of the government were sustained; it is gratifying and will have a wholesome effect on economic conditions
Personality Norman C Norman, Joseph Taylor Robinson
Country United States
City Washington DC

Keywords

archival
newsreel
United States Supreme Court
verdicts
lawsuits
economy
gold
gold standard
money
Great Depression
senators
New York City
New York Stock Exchange
telephone booths
journalists
plaintiffs
reactions
United States Capitol
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