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Famous 90-Day Price Freeze...

Item # 546333

August 16, 1971

THE HAYS DAILY NEWS: Hays, Kansas, dated August 16, 1971.

* Famous 90 Day Price Freeze

This front page headline reads:  "Wage-Price Freeze Implemented", which pertains to President Richard Nixon's announcement of the Famous 90-Day Price freeze on wages, products, and rents.  This event signaled the completion of the break from the gold standard, ending convertibility of the United States dollar into gold by foreign investors.

Additional related headlines include:  "Stock Market Soars", "Q/A About Prices", and "Local Economists View Proposals as Desirable".

This issue is in good condition, although it is somewhat fragile.

Category: The 20th Century