World War Debates Bank Rescue Plan and Moratorium Talks
A broad overview of a global economic conference outlines private banker led measures to stabilize insolvent banks with a $100,000,000 private capitalization, plus a possible federal corporation model akin to the War Finance Corporation. President Hoover also hints at a moratorium extension and engages with Laval of France while mourning Dwight W. Morrow, a recently deceased U.S. senator and diplomat.
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