Similar Laws in Other Countries
In Australia part IV of the Banking Act 1959 allowed the Commonwealth government to seize private citizens' gold in return for paper money where the Governor-General "is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth." As of January 30, 1976, this part's operation is "suspended".
Read more about this topic: Executive Order 6102
Famous quotes containing the words similar, laws and/or countries:
“Well designed, fully functional infant. Provides someone to live for as well as another mouth to feed. Produces cooing, gurgling and other adorable sounds. May cause similar behavior in nearby adults. Cries when hungry, sleepy or just because. Hand Wash with warm water and mild soap, then pat dry with soft cloth and talc. Internal mechanisms are self-cleaning... Two Genders: Male. Female. Five Colors: White. Black. Yellow. Red. Camouflage.”
—Alfred Gingold, U.S. humorist. Items From Our Catalogue, “Baby,” Avon Books (1982)
“To know the laws is not to memorize their letter but to grasp their full force and meaning.”
—Marcus Tullius Cicero (106–43 B.C.)
“Do not require a description of the countries towards which you sail. The description does not describe them to you, and to- morrow you arrive there, and know them by inhabiting them.”
—Ralph Waldo Emerson (1803–1882)