This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Guarantee of Bank Deposits in the Depression Era Debate
Secretary Taft attacks the Democratic plan to guarantee bank deposits with a per cent tax fund to pay depositors in insolvencies. Chicago financier Alexander H. Revell supports the idea as a national and state measure, arguing it would prevent bank runs and align with postal savings. The piece cites farmers and traders urging federal guarantees and notes Republican and Democratic positions, plus comments from Walter Wellman on the issue’s prominence.
MENTIONED IN THIS ARTICLE
Taft
Hot Springs
Democratic Party
Bryan
Republication Party
Wall Street
Treasury
I Ly
Congress
Postal Savings Bank
Goeentaitea
United States
Alexander H. Revell
Chicago
Mr. Revell
Revell
Sovereign Bank of Canada
New York
American
Canada
John R. Walsh
Ing
Walsh
Secretary of the Treasury
Kansas
Republican Party
Nebraska
The
Record-Herald
Walter Wellman
Wellman
Republican Record Herald
States
National Bank
Abba Bay
Democratic