who was the associated with the august offer
August Offer A change of government took place in Britain on May 1940 when Winston Churchill became the prime minister (1940â€“45). In addition, the fall of France saw the softening of the attitude of the Indian National Congress in India regarding its demands. Britain was in immediate danger of Nazi occupation, and as the war was taking a menacing turn from the allied point of view, congress offered to cooperate in the war if a transfer of authority in India was made to an interim government. The British government's response to these demands was a statement delivered by the then Viceroy, Lord Linlithgow, known as the August Offer.[1]
Executive Order 6102 Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (consumer price index, adjusted value of $391 today[4]) per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, violation of the order was punishable by fine up to $10,000 (equivalent to $189,049 today[4]) or up to ten years in prison, or both.