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The Gallup Herald in Gallup, New Mexico

24 Dec 1921

Page 2

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The Gallup Herald December 24, 1921 Page 2 old newspaper archives

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Gallup Herald

Location

Gallup, New Mexico, United States of America

Date

Dec 24, 1921

Page

2

Currency Collapse Across Europe and U S Inflation

The piece analyzes Europe’s currency devaluations led by Russia Germany and Hungary and links them to inflation in the United States. It explains how rising bank credit postwar aided price growth and argues Federal Reserve actions sought to stabilize reserves without deliberate deflation. It notes agricultural lending patterns within the reserve system.

MENTIONED IN THIS ARTICLE

Ublic Russia United States Jugo-Slavia Hungary Rumania Germany Europe Quust Ens Tire Ose Federal Reserve Authorities Federal Reserve Federal Reserve Act Federal Reserve Banks Federal Reserve Board
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Demand for a special session pushes state to act

The Herald argues against a rush to call a special legislature over Santa Fe bank ties with the state treasury. It urges full investigation first, noting existing laws may suffice and warning against partisan motives and costly, hasty action before facts are disclosed.

MENTIONED IN THIS ARTICLE

Santa Fe Herald Cruces Chefea Santa Fe Bank State Finance Board
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Also Mentioned on This Page

George E. Roberts Gallup J. McMahon Merry Christmas Albanqterque Herald Edistorial THE Gallup ‘Cleaners & Dyers Merri Kahn’s Store ORK J. M. "Jacobson Gallup Light &Power Cory
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