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CURRENCY INFLATION

UNDER WAY IN UNITED STATES.

DECLARATION MADE BY SENATOR By Telegraph—Press Assn.—Copyright Rec. 7 p.m. Washington, Oct. 14. “Despite the censorship and denials by White House inflation of the currency is under way,” declared Senator David Schall, Minnesota, to-day. “At least 150,000,000 dollars in new notes have left the United States Government printing presses and are finding their way into circulation.” Senator Schall declared that the campaign of doles to farmers was utilising a vast sum and after the next election prices would skyrocket and the farmer would find the money he received worth little more than the paper it was printed bn;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19341016.2.71

Bibliographic details

Taranaki Daily News, 16 October 1934, Page 7

Word Count
105

CURRENCY INFLATION Taranaki Daily News, 16 October 1934, Page 7

CURRENCY INFLATION Taranaki Daily News, 16 October 1934, Page 7