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Franklin D. Roosevelt's Executive Order 6102
Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered
to the Government.
Following the privately held Federal Reserve
Bank causing the Great Depression, in 1933, astonishingly FDR literally
stole gold from citizens, ordering them to hand their gold to the
privately held Federal Reserve Bank in exchange for pieces of paper .
In issuing this Executive Order and others, FDR exceeded jurisdiction
and committed high treason by assuming
law making
power exclusively limited to the legislature. During this era
the Banksters whom FDR worked for took control of the U.S.A., literally
implementing Socialism (Social Security), assuming control of media
(FCC), control of private corporations (SEC) and unconstitutional
socialistic taxation through a private company called the IRS.
April 5th, 1933
BY VIRTUE Of the authority vested in me by Section 5 (b) of the Act
of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933,
entitled "An Act to provide relief in the existing national emergency in
banking, and for other purposes," in which amendatory Act Congress
declared that a serious emergency exists, I, Franklin D. Roosevelt,
President of the United States of America, do declare that said national
emergency still continues to exist and pursuant to said section do
hereby prohibit the hoarding of gold coin, gold bullion, and gold
certificates within the continental United States by individuals,
partnerships, associations and corporations and hereby prescribe the
following regulations for carrying out the purposes of this order:
Section 1. For the purposes of this regulation, the term "hoarding"
means the withdrawal and withholding of gold coin, gold bullion or gold
certificates from the recognized and customary channels of trade. The
term "person" means any individual, partnership, association or
corporation.
Section 2. All persons are hereby required to deliver on or before
May a, 1933, to a Federal Reserve Bank or a branch or agency thereof or
to any member bank of the Federal Reserve System all gold coin, gold
bullion and gold certificates now owned by them or coming into their
ownership on or before April 28, 1933, except the following:
(a) Such amount of gold as may be required for legitimate and
customary use in industry, profession or art within a reasonable time,
including gold prior to refining and stocks of gold in reasonable
amounts for the usual trade requirements of owners mining and refining
such gold.
(b) Gold coin and gold certificates in an amount not exceeding in the
aggregate $100 belonging to any one person; and gold coins having a
recognized special value to collectors. of rare and unusual coins.
(c) Gold coin and bullion earmarked or held in trust for a recognized
foreign Government or foreign central bank or the Bank for International
Settlements.
(d) Gold coin and bullion licensed for other proper transactions (not
involving hoarding) including gold coin and bullion imported for
reexport or held pending action on applications for export licenses.
Section 3. Until otherwise ordered any person becoming the owner of
any gold coin, gold bullion, or gold certificates after April 28, 1933,
shall, within three days after receipt thereof, deliver the same in the
manner prescribed in Section 2; unless such gold coin, gold bullion or
gold certificates are held for any of the purposes specified in
paragraphs (a), (b), or (c) of Section 2; or unless such gold coin or
gold bullion is held for purposes specified in paragraph (d) of Section
2 and the person holding it is, with respect to such gold coin or
bullion, a licensee or applicant for license pending action thereon.
Section 4. Upon receipt of gold coin, gold bullion or gold
certificates delivered to it in accordance with Sections 2 or 3, the
Federal Reserve Bank or member bank will pay therefor an equivalent
amount of any other form of coin or currency coined or issued under the
laws of the United States.
Section 5. Member banks shall deliver all gold coin, gold bullion and
gold certificates owned or received by them (other than as exempted
under the provisions of Section 2) to the Federal Reserve Banks of their
respective districts and receive credit or payment therefor.
Section 6. The Secretary of the Treasury, out of the sum made
available to the President by Section 501 of the Act of March 9, 1933,
will in all proper cases pay the reasonable costs of transportation of
gold coin, gold bullion or gold certificates delivered to a member bank
or Federal Reserve Bank in accordance with Section 2, 3, or 5 hereof,
including the cost of insurance, protection, and such other incidental
costs as may be necessary, upon production of satisfactory evidence of
such costs. Voucher forms for this purpose may be procured from Federal
Reserve Banks.
Section 7. In cases where the delivery of gold coin, gold bullion or
gold certificates by the owners thereof within the time set forth above
will involve extraordinary hardship or difficulty, the Secretary of the
Treasury may, in his discretion, extend the time within which such
delivery must be made. Applications for such extensions must be made in
writing under oath, addressed to the Secretary of the Treasury and filed
with a Federal Reserve Bank. Each application must state the date to
which the extension is desired, the amount and location of the gold
coin, gold bullion and gold certificates in respect of which such
application is made and the facts showing extension to be necessary to
avoid extraordinary hardship or difficulty.
Section 8. The Secretary of the Treasury is hereby authorized and
empowered to issue such further regulations as he may deem necessary to
carry out the purposes of this order and to issue licenses thereunder,
through such officers or agencies as he may designate, including
licenses permitting the Federal Reserve Banks and member banks of the
Federal Reserve System, in return for an equivalent amount of other
coin, currency or credit, to deliver, earmark or hold in trust gold coin
and bullion to or for persons showing the need for the same for any of
the purposes specified in paragraphs (a), (c) and (d) of Section 2 of
these regulations.
Section 9. Whoever willfully violates any provision of this Executive
Order or of these regulations or of any rule, regulation or license
issued thereunder may be fined not more than $10,000, or, if a natural
person, may be imprisoned for not more than ten years, or both; and any
officer, director, or agent of any corporation who knowingly
participates in any such violation may be punished by a like fine,
imprisonment, or both.
This order and these regulations may be modified or revoked at any
time.
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