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"Gold clauses" were prohibited until 1973, when Congress repealed the 1934 ban. "The amount of rent owed under the gold clause and the date from which it should accumulate will be determined at trial" "this court concluded that the effect of novation was to revive the original gold clause"
"Gold clauses" were prohibited until 1973, when Congress repealed the 1934 ban. "The amount of rent owed under the gold clause and the date from which it should accumulate will be determined…