WASHINGTON, Aug 23 (Reuters) – The Republican Party is set to call for the creation of a commission to look at restoring a link between the U.S. dollar and gold severed 40 years ago, the Financial Times reported on its website Thursday.

Drafts of the party platform to be adopted at the Republican National Convention next week in Tampa, Florida, also call for an audit of Federal Reserve monetary policy, the paper said.

Marsha Blackburn, a Republican congresswoman from Tennessee and co-chair of the platform committee, was quoted as saying these points are not an effort to placate libertarian Representative Ron Paul and the delegates he picked up during his campaign for the party’s nomination.

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Courtesy of http://www.cnbc.com