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In October 1933, the Roosevelt administration started a policy of buying gold in the hopes that such purchases would result in inflation. The Hoover administration had created the Federal Farm Board to help tackle the issue of overproduction by buying agricultural surpluses, however it did not stabilize prices. The difficulty would come up repeatedly in several states, especially in Texas and Virginia. In practically all ex-Confederate states, Republican coalitions set out to rework Southern society. Wikimedia Commons has media related to Presid