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Banks Aid Government Say Credit System Essential
Harald G. Maniton of Brookings told Rutgers and ABA audiences that commercial banking credit is vital to business and government. He warned eliminating this credit would threaten the economic system, noting banks help finance government needs during war and depression by purchasing securities and supporting distressed institutions.
MENTIONED IN THIS ARTICLE
New Brunswick
N. J
Harald G. Maniton
Brookings Institution
Washington, DC
Graduate School of Banking
Mint
Rutgers University
American Bankers Association
Treasury
Reconstruction Finance Corporation
Moulton