Gold Sent to India to War Financing and Returns
Gold moved from India to fund war needs and to settle balance flows, with funds later returning via London and New York routes. Banks like Morgan and British financiers orchestrated transfers, aiming to support Argentine, Indian, and British debt programs as wartime finance evolved. The pattern shows India as a source and destination, with bullion movements tied to international loans and exchange rate shifts influencing gold exports and liabilities.
Indian movement headlines spark regional change
Fragmentary text references a regional stir in India and a notable movement affecting leadership and policy. The snippet mentions India and a broad shift with unspecified dates, focusing on a notable collective action and its perceived impact on governance.
Bankers Aim to Create $100 Million Trade Financing Corp
Bankers and industrial leaders plan a December Chicago meeting to discuss forming a $100,000,000 International Trade Financing Corporation. Led by Lewis I. Pierson the group hopes to bridge the credit gap hindering American producers. If backed the organization would act as a centralized funding power with broad public backing to sustain U S trade.
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America
Uso
Chicago
Lewis I. Pierson
Board Bank
Merson Yesterd
Fe Boots and & Trade
Bankers Re-elected as Federal Reserve Directors
The Peiteve Reserve Bank of New York announced yesterday that Robert I,remas of Ithaca was reelected as a director for a three year term beginning January 1 next. Vreman, first appointed in 1914, has served continuously and acted as deputy governor during Governor Strong’s absence.
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Peiteve Reserve Bank of New York
Robert I,remas
Ithaca
Bern
Wiretel
Wehagd
Madison Neds
Mr .Vreman
Federal Reserve Bank
Sub Treasury Shellshifts Duties as Reserve Bank Assumes Role
The Sub Treasury at Wall and Nassau Streets was closed as the Federal Reserve Bank of New York took over its functions. Martin Vogel, Treasury treasurer for seven years, wound up his affairs and returned to private practice. A letter from Secretary Houston indicated Vogel may be called to assist in Treasury duties again. The transfer formalized with about 5.9 million dollars moved to the new Reserve Bank building area.
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Wall and
Nassau Streets
Yusteri
Federal Reserve Bank of New York
al Muttera
New York
Martin Vogel
Wis
Charg Treasury
Eoven
Vogel
Creasey
Aben
Pocein
Amory Tie Tukens
Secretary of the Treasury
Houston Tun
United States
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