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Wall Street notes Michigan governor resists plant seizure
The article reports Gov William A Comatock of Michigan opposing seizure of idle plants for unemployment relief and discusses related powers and debates. It notes Indiana Gov Paul McNutt may already have such powers and mentions Herbert Hoover's finances and gold standard policy, including a push to move gold to the treasury to back securities and stabilize the dollar.
MENTIONED IN THIS ARTICLE
New York
Wall Street
William A. Comatock
Michigan
Riusala
Comstork
Patrick H. O’brien
Paul McNutt
Indiana
United States
Treasury
Federal Reserve