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Attack on Depression Must Center on Commodity Prices.
- Source :
- BusinessWeek; 3/2/1932, Issue 130, p24-27, 3p
- Publication Year :
- 1932
-
Abstract
- The article discusses the Reconstruction Finance Corp. (RFC) and the Glass-Steagall bill and their impact on the U.S. Federal Reserve Act. The changes involved a moratorium on securities which will be bought by the Federal Reserve and the circulation of more money and credit though the Reserve System. The article notes that the 1929 collapse of commodity prices have been the longest on record, with a drop rate of 10 per cent a year over two and a half years.
- Subjects :
- BANKING Act of 1933 (U.S.)
SECURITIES
PRICES
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 130
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 55469082