The current banking crisis has reached a point at which we’re inclined, yet again, to relate what happened in 1952. We’ve written about this before, but it’s rarely felt so relevant. For 1952 was the last time the Republican platform called for the convertibility of the dollar and gold. General Eisenhower stood for the presidency on that platform and won. Upon which, a debate erupted in and around the new administration in respect of what to do.