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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Dec 23, 1913
Page
2
The Cody club prepares to handle business and publicity for Coty during the coming year. President Wilson appoints a woman as land office ferriter, likely increasing Mrs. Medill McCornmilek s interest. A Wisconsin farmer suspects a tenting chicken scheme as university boys improve.
Wye Wyoming December 22 A Cody club meeting will retie and reorganize with a general session in the near future to elect new officers for the coming year.
The article explains a proposed federal reserve structure with a president appointed board, regional banks, and member banks contributing capital. It details district centers, stock requirements, open market operations, dividend rules, and gradual reserve transfers over three years, aiming to modernize U.S. banking.
The article notes the bank bill conference report passed by the house and signals Senate readiness. It explains the regional bank and government guarantee for currency, with mechanisms to supply additional money if regional demand exceeds circulating funds. A gold reserve provision is discussed.
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