Movement in America
PRESIDENT’S LATEST ADVISERS
WASHINGTON, July 12.
Professors George P. Warren, Cornell University, and James Harvey Rogers, of Yale, both regarded as outstanding advocates of managed money, have been named by President Roosevelt to survey the fiscal situation. Their appointment leads to the belief that the foundation is being laid for a managed currency. American Delegation Must Not Discuss Currency LONDON, July 12. President Roosevelt has again astonished his own delegation and startled the Economic Conference. Senator Pittman has been compelled to announce, in connection with the Federal Reserve Bank instructions, that America regarded this as an opportune time to participate in the debate for the reestablishment of an international monetary standard. The sub-committee dealing with the matter had previously agreed to discussion on the subject. The Americans, receiving Washington’s permission, which regarded as certain the elimination of this business, halted the proceedings until the situation can be reported to the Bureau.
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Horowhenua Chronicle, 14 July 1933, Page 7
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154Movement in America Horowhenua Chronicle, 14 July 1933, Page 7
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