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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Sep 18, 1931
Page
11
A garbled snippet discusses a federal deserve aid plan, noting debate over its effectiveness and the need for reform. The fragment hints at a proposal undergoing study and potential changes urged by a checker or official. The text is incomplete but centers on assessing aid policy.
The text explains that Federal Reserve member banks may invest funds in bonds beyond United States, state, and municipal issues. Officials argue such options could channel idle resources into standard bonds and aid the financial system, while noting large unused funds and limited rediscovery in recent operations.
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