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President's message on bank system and revulsion cures
The president urges Congress to regulate public money deposits and disbursements, limit bank reliance, and consider reforms to restore enterprise. He notes revulsion caused by excessive bank credit, warns against a national bank, and contrasts U S and British experiences with over expansion of credit and domestic exchanges. The speech emphasizes preserving popular will and avoiding concentrated money power.
MENTIONED IN THIS ARTICLE
U. Sta 3S
Houses of
Congress
Senate
House of Representatives
Secretary of the Treasury
Hackein
United States
U. States
National Bank
Europe
Great Britain
Bank of the United States
Bank of the
P. Office Department
Treneksut Europe