Word: bankes
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Dates: during 1930-1939
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...year ago last week, Florida's bank clearings, construction, postal receipts, newspaper advertising, railroad traffic had rebounded so high that the State, by Governor Sholtz's proclamation, celebrated a holiday in honor of Recovery. This year Floridians have still greater cause for rejoicing. By final reckonings their biggest business, tourists, was best since the boom days of 1925-26. During the winter, 1,750,000 visitors, a quarter million more than last year, had spent $625,000,000. On horse and greyhound racetracks 2,000,000 persons had bet $36,500,000, up $7,500,000 from last...
...need not repeat to you that the Federal Reserve Bank no more belongs to the people of the United States than does the Federal laundry or the Federal barber shop...
Five years later he was back, organizing the Polish Socialist Party on Russian soil. A few years later found Conspirator Pilsudski doing in Poland exactly what Conspirator Stalin was doing in Russia proper: leading a gang of highway robbers and bank raiders whose object was to seize money for political propaganda. Even in those days Nikolai Lenin knew that Josef Pilsudski was no Socialist at heart. Said...
Most of Mr. Aldrich's criticism was directed against the very principle of the banking measure. He called it "despotic." Unfortunately, that is no criticism at all. A centrally controlled bank, to realize its advantages, must be despotic. A centrally controlled bank, to realize its advantages, must be despotic. If only there had been an intelligent, central despotism of bank-credit during the boom, part of the present depression might have been avoided...
...Aldrich, in his criticism, was perfectly aware of this. But by confusing the issue of central bank vs. the old type of Federal Reserve System, with the issue of political control, he weakened his case. A new method of choosing the members of the Federal Reserve Board, and the assurance of their political independence, such as is suggested by Walter Lippmann, would make the present bill extremely good. Certainly we do not want to repeat the experiences in the Reserve System during the recent boom and present depression...