Some Extraordinary Crisis

1 mentions.

1928

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1928

one mention

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It seems to me to be perfectly clear, from the express words used in this Bill, that this elastic provision is not intended to meet the normal requirements of trade, and that the Bank will not so interpret it, but will take every other action to contract the currency, to restrict credit, and injure industry, and only in Some Extraordinary Crisis will this provision be actually put into operation.


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