And did the gov't even issue paper in the amount of the actual value of the gold or the lsser gov't fixed price?Odd how we decry countries which don't allow the market to set exchange rates but ignore our own gov't market meddling.Odd too that the 1930s citizens so readily handed over their gold. In the times before all the neat gadgets that today see through walls it should have been simple to hide the gold and automatic weapons. Only a tyrant would need to deprive the people of easily portable wealth and protection. Why Americans have fought and died for two centuries to stop foreign tyranyts. Guess it's different when the tyrant is home-grown.