"PLENTY OF MONEY"
AMERICAN TREASURY AIM BORROWING POLICY (Reed. July 9, 11-30 a.m.) WASHINGTON, July 8. What is interpreted as a possible step in order that the United States Treasury will be prepared for world money market eventualities is seen in the announcement by Mr. Henry Morgenthau. junior, the Secretary of the Treasury, inaugurating a borrowing policy of £10,000,000 weekly in short-term bills.
"The Treasury is returning to the old policy of having plenty of money on hand," he said.
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Bibliographic details
Poverty Bay Herald, Volume LXIV, Issue 19372, 9 July 1937, Page 5
Word Count
80"PLENTY OF MONEY" Poverty Bay Herald, Volume LXIV, Issue 19372, 9 July 1937, Page 5
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