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THE FINANCIAL CRISIS IN AMERICA.

SPECIAL SESSION OF CONGRESS. THE NATIONAL WELFARE THREATENED. Press Association.—Electric Telegraph,—Copyright. Washington, June 6. The President has announced that there will have to be an extra session of Congress in September, to consider the financial condition,' which menaces the country's welfare. A crisis has been brought about by the compulsory purchase of large quantities of silver, which have to remain idle, and the resulting drain of gold from the national reserve, whereby other nations are being strengthened at the expense of the United States.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18930608.2.34

Bibliographic details

New Zealand Herald, Volume XXX, Issue 9221, 8 June 1893, Page 5

Word Count
89

THE FINANCIAL CRISIS IN AMERICA. New Zealand Herald, Volume XXX, Issue 9221, 8 June 1893, Page 5

THE FINANCIAL CRISIS IN AMERICA. New Zealand Herald, Volume XXX, Issue 9221, 8 June 1893, Page 5