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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Aug 19, 1965
Page
2
Editor note introduces Sam Dawson analysis on how conflicting national interests determine major financial policy. The piece argues politics will decide the timing of any global monetary reforms and reflects on power dynamics among leading economies.
The article discusses proposals to reform how nations handle payments and exchange reserves. It notes both the United States and Britain have political and financial motives to tread carefully before altering national monetary reserves and balancing international payments amid concerns over potential reserve inadequacy for a growing world economy.
Rep. Albert H. Quie expands a victory against higher government wheat payments by pushing Treasury payments as the 50 cent wheat certificate increase is rewritten. Democrats override to place the change under Treasury, amid broader calls to ease dollar pressures and align with international monetary shifts.
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