Banking Report Warns of Future Financial Crises
The document outlines how bank credits and deposits surge with prosperity, then contract during downturns. It argues for banking reform toward a federated central institution to stabilize credits, prevent panics, and redistribute reserves, warning that current independent banks weaken national finance.
MENTIONED IN THIS ARTICLE
United States
Congress
Banking reform proposals spread across currency and notes
A historical speech analyzes greenbacks and bank notes, proposing constitutional reforms to expand money supply. It suggests 30 percent bonds and 20 percent legal tender deposits, a guaranty fund, and rescinding government liability for insolvent banks to empower bank note issuance while maintaining security.
MENTIONED IN THIS ARTICLE
Gage
Treasury
Public Service
United States
National Banking Association
General ‘Guaranty Fund
Special Redemption Fund
Guaranty Fund
Spain
New York Man Finds Health Boost by Leaving Coffee
A New York man details years of fatigue and weight loss from coffee and white bread. After stopping coffee and starting Postum Food Coffee plus Grape-Nuts Breakfast Food, he reports renewed energy, regained weight, and improved vigor, noting a return to former activity and daily life.
MENTIONED IN THIS ARTICLE
New York
Ufe Asuin
Cet
Also Mentioned on This Page
Ing
United States Treasury
sTotal
General Fund
Snia Coin and Bulhetional Bank
Bbchchargetionally
Mint
Commission of Internal Revenue
Immigration Lower
Bureau Engraving and Printing
Sysa
Europe
Asia
Union
Seaboard
Menith
Joey
Great Britain
Beercome
Ain
Peweeweet
Pennsylvania
Court of Claims
I T
Spanish War Claims Commission
Gages
Central Bank
Lyman J. Gage
Secretary of
the Treasury
Indianapolis
Cooper & CO. Manufacturing Jewelers
N. Meridian St
Ofues
Reinhart Physicians
Stevenson Building
Capitol Medical Institute
Welsbach
E. J. Herrington
E. Market St
Jae
Tel
Orson A