Norwood advocates state loan plan to reform currency
Atlanta report covers ex Senator Thomas M Norwood's speech urging a new banking system. He proposes legal tender notes raised by Congress and distributed by states, with coin reserves, to fund state loans on local products like cotton and wheat. Each state would lend to farmers at low interest and use proceeds to reduce taxes and fund public needs.
MENTIONED IN THIS ARTICLE
Atlanta
Thomas M. Norwood
United States
Alliance
Treasury
Congress
Secretary of the Treasury
Lonvenient
Georgia
Bureau of Finance
Wall Street
Kansas
Towa
Norwood
Bureau of Immigration
Iender
Bank of England
Sb-Treasury
Also Mentioned on This Page
Johnson City
Tenn
Gump Bros
Allentown
Raven Gloss
Don's
Toeina
E. P. Reed
Lyle, Hickhy & Co
Ity Shoe Store
Fishback & Weiger
Uncle Sam
Sub- Treasury