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Brilliant but Troubled Nation Faces Monetary Crisis
The President outlines dire economic strains from paper currency and bank credit, warns of potential loans, urges sound currency via specie backing, and argues for stronger state bank regulation and a possible national bankrupt law to curb wild expansions. He discusses international treaties with Britain, France, and Spain, Central America, and suggests diplomatic fixes while defending ongoing financial measures.
MENTIONED IN THIS ARTICLE
Senate
House of Representatives
Congress
United States
England
Banking Department
Bank of England
Great Britain
Europe
Louisiana
Treasury Department
California
Helltkiles
Bank
United ‘States
Central America
Rio Hondo
San Juan de Nicaragua
Bay Islands
Saratoon
Cape Honduras
U. States
London
Wineh
France
Russia
Spain
Ferrolana
Cuba
Madrid
Polk
Amistad
Constantinople
Deventer
Persia
Shah
Avi I
Teheran
Ainister
China
Canton River
Camton
Clockadel
Pennsylvania
Stéatier
Minnesota
Cantos
Brazil
New Granada
Palterel
Attierica
Panim
Atlantic
Pacific
Panama
Great Family of Nations
Robery
Washington
Wongrees
Collectors of Customs
Gach Lstless Enterprises
Thas