Boston Financier Analyzes Bank Laws and Expansion Debate
The article reviews restrictions on national banks set by acts and shifts in policy debate. It notes advocates of expansion and free silver, mentions potential reforms, and cites figures arguing for or against relaxing limits, including discussions on note issues, deposits, and monetary stability amid market pressures. The piece cites legislative activity and opinions from lawmakers and financial figures in Boston and beyond.
MENTIONED IN THIS ARTICLE
Boston
Drainage Experts to Attend Baltimore Drainage Congress
Secretary of the Interior Garfield Gif ford Pinchot chief of the Forestry Service and Newell director at the Reclamation Service are expected to attend the National Drainage Association Congress in Baltimore on November 1 at Johns Hopkins University. Senator Flint of California author of the general drainage will advocate adoption by Congress. Senator Clapp of Minnesota, Steenerson, Bede pnd, and McCleary are slated to participate. Most governors of the Southern Western and Eastern States and several city mayors have been invited or planned to attend.
MENTIONED IN THIS ARTICLE
Secretary of the Interior
Garfield Gifford Pinchot
Forratry Service
F Oh Newell
Reclamation Service
Congress
National Drainage Association
Baltimore
McCoy Hall
Johns Hopkin University
Flint
California
Clapp
Minnesota
Steenerson
Bede Pnd
Posbingster
McCleary
Hten
Banks Consider Credit Currency to Stabilize the Nation
A New York Congress discussion argues for credit currency issued by central banks and bank note credits to calm the money panic. Representative Charles Bowler of New Jersey leads Banking and Currency Committee in seeking a law to issue credit currency alongside clearinghouse certificates and bank drafts to alleviate the financial crisis and restore public confidence across the country.
MENTIONED IN THIS ARTICLE
Chanman oBankang
Congress
New Fork
Vay
Charles Bowler
New Jersey
Sesson
Fowler
Vumuizionis
Sears
Reiching
Serang
Lee AoLles
Silyer
London Markets Drift as Bank Rate Hovers at Six Percent
London observers report a lean week with little change in the Bank of England discount rate not rising above six percent. Copper and American securities show limited gains amid cautious trading as investors weigh foreign exchange and discount rate signals. Berlin and U.S. market sentiment soften with ongoing financial strain and halted equity movements.
MENTIONED IN THIS ARTICLE
Ganads
London
Withstead
Bank of England
Mtcckt
Noida
Es Soen
Timotgan
Ue Te Fural
Nin Pacific Stand Ag
New York
Uotatana
Bank of Englad
Londim
Credit currency and per capita comparisons across nations
The text argues that Scotland has issued a small credit currency while other nations like France and the United States show larger per capita levels. It notes France issues currency via the Bank of France, with per capita figures around $1.74, and estimates implied national totals for the United States, Canada, and the U S lacking significant credit currency relative to population.
MENTIONED IN THIS ARTICLE
United States
Ecredit
Althugh
Castlers
Hank
Lefer
United Sates
Scotland
Bank of France
Canada
KEY STRIKE MAY END TUESDAY Speeia 10Toe Wash plan Ent New York Noy 6
Indications show the telex yopherk union may end the strike by Tuesday in New York. A meeting of Io ai No 18 of the Commercial Telegraphers Union discussed returning to work on Wednesday. A self submitted rendition proposed that if the strike paused and workers returned, original conditions would be restored and strikers’ cause would be favorably considered. The resolution was tabled for further assurance from committees.
MENTIONED IN THIS ARTICLE
Speeia
New York
Ioai No 18
Commercial Telegraphers Union
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