Executive Order 6188—Announcing the Index Figures for the Cost of Living for the Six Months Periods Ending June 30, 1928, and June 30, 1933
Pursuant to the authority vested in me by sections 2 and 3, title II, of the act entitled "AN ACT To maintain the credit of the United States Government", approved March 20, 1933 (Public, No. 2, 73d Cong.), I hereby announce:
First, That the index figures of the cost of living are—
(a) 171.0 for the six months period ending June 30, 1928, the base period, and
(b) 130.2 for the six months period ending June 30, 1933;
Second, That the cost of living index for the six months period ending June 30, 1933, is 23.9 per centum lower than the cost of living index for the base period; and
Third, That this per centum being in excess of the maximum per centum prescribed by section 3(b), the percentage of reduction applicable under section 2(b), in determining the compensation of officers and employees to be paid during the period from July 1, 1933, to December 31, 1933, inclusive, is 15 per centum.
FRANKLIN D. ROOSEVELT
The White House,
July 3, 1933.
Franklin D. Roosevelt, Executive Order 6188—Announcing the Index Figures for the Cost of Living for the Six Months Periods Ending June 30, 1928, and June 30, 1933 Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/362008