Ask the Scholar
Page 10 of 16
I can add historical knowledge about this page.
Page image
OCR
010
31 -10-
Japanese factories has dropped away down. They are
putting out sneakers in this country at 121 cents a
pair. They are putting out rubber boots in this
country at 25 cents a pair. It is a perfectly definite
national policy of cutting their own wages so low so
that they can flood the markets of the world and get
in outside money at any cost. Therefore, as long as
any nation can do that, and nations will continue to
do it when changing their economic life, you cannot
have a perfectly definite fixed ratio of exchange
between nations.
Q Do you think it possible to enter into any reciprocal
treaties at the present time?
THE PRESIDENT: I hope so.
Q Won't they work against your domestic policy here?
THE PRESIDENT: No.
Q Would the stability of the dollar in relation to commodities
require additional shifts in the gold content of the
dollar?
THE PRESIDENT: Not of necessity. There you come down to
another -- all this is perfectly terrible because it is
all pure theory, when you come down to it. The situ-
ation of some of the European nations is that gold in
the future should be used not as a collateral behind
Page data
- Page
- 10
- Source index
- 0
- Type
- photo
- Media ID
- 8df78c01f83246f1
- Size
- unknown
Document data
- ID
- 198105
- Core
- doc
- Type
- document
DTO data
{
"id": "198105",
"sourceUrl": "https://catalog.archives.gov/id/198105",
"contentType": "document",
"title": "The Thirty-First Press Conference of President Franklin D. Roosevelt",
"citationUrl": "https://catalog.archives.gov/id/198105",
"collections": [
"Papers as President, President's Personal File",
"Papers as President, Press Conferences"
],
"subjects": [
"Transcripts",
"International relations",
"Depressions",
"New Deal, 1933-1939",
"Economics"
],
"iiifBase": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"imageCount": 16,
"hasImages": true,
"source": "import",
"hasTranscription": false
}
Context sent to Scholar
Document identity
{
"localId": "198105",
"label": "The Thirty-First Press Conference of President Franklin D. Roosevelt",
"core": "doc",
"dtoType": "document",
"citationUrl": "https://catalog.archives.gov/id/198105"
}
Document source metadata
{
"id": "198105",
"sourceUrl": "https://catalog.archives.gov/id/198105",
"contentType": "document",
"title": "The Thirty-First Press Conference of President Franklin D. Roosevelt",
"citationUrl": "https://catalog.archives.gov/id/198105",
"collections": [
"Papers as President, President's Personal File",
"Papers as President, Press Conferences"
],
"subjects": [
"Transcripts",
"International relations",
"Depressions",
"New Deal, 1933-1939",
"Economics"
],
"iiifBase": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0744a.TIF",
"imageCount": 16,
"hasImages": true,
"source": "import",
"hasTranscription": false
}
Document source extras
{
"url": "https://catalog.archives.gov/id/198105",
"naId": 198105,
"levelOfDescription": "item",
"productionDates": [
{
"day": 5,
"logicalDate": "1933-07-05",
"month": 7,
"year": 1933
}
],
"recordType": "description",
"ocrSource": "nara-archive"
}
Page context
{
"seq": 10,
"pageIndex": 0,
"type": "photo",
"url": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/8/29-0753a.TIF",
"mediaId": "8df78c01f83246f1",
"ocrText": "010\n31 -10-\nJapanese factories has dropped away down. They are\nputting out sneakers in this country at 121 cents a\npair. They are putting out rubber boots in this\ncountry at 25 cents a pair. It is a perfectly definite\nnational policy of cutting their own wages so low so\nthat they can flood the markets of the world and get\nin outside money at any cost. Therefore, as long as\nany nation can do that, and nations will continue to\ndo it when changing their economic life, you cannot\nhave a perfectly definite fixed ratio of exchange\nbetween nations.\nQ Do you think it possible to enter into any reciprocal\ntreaties at the present time?\nTHE PRESIDENT: I hope so.\nQ Won't they work against your domestic policy here?\nTHE PRESIDENT: No.\nQ Would the stability of the dollar in relation to commodities\nrequire additional shifts in the gold content of the\ndollar?\nTHE PRESIDENT: Not of necessity. There you come down to\nanother -- all this is perfectly terrible because it is\nall pure theory, when you come down to it. The situ-\nation of some of the European nations is that gold in\nthe future should be used not as a collateral behind"
}