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“TOO FAT TO FIGHT”

DOLLAR OF FEBRUARY LAST SENATOR’S AMUSING OBSERVATION (United Press Association—By Electric Telegraph—Copy right) y NEW YORK,- 21st December. The gold price at Washington re. maining (unchanged, foreign exchange trading was fairly steady here to day with small changes in prices. The dollar lost in the early trading, and then gained. Wall Street is greatly amused at Senator Thomas’s observation: “In February, 1933, the dollar was worth 200 cents. Because of this excess value dollars were too fat to fight, too lazy to work, and too timid to circulate.”

The stock market was steady to-day. Bonds generally were higher. 'Grains declined and cotton was dull arid weak, but other commodities were steady;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19331223.2.104

Bibliographic details

Nelson Evening Mail, Volume LXVI, 23 December 1933, Page 7

Word Count
115

“TOO FAT TO FIGHT” Nelson Evening Mail, Volume LXVI, 23 December 1933, Page 7

“TOO FAT TO FIGHT” Nelson Evening Mail, Volume LXVI, 23 December 1933, Page 7