Word: credititis
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Cartoonist Kirby's "You Done Good, Kid" appeared after Nominee Smith had answered the attack on his legislative record made by Editor William Allen White of the Emporia, Kan., Gazette. Editor White retracted the more disgraceful part of his charges. The G. O. P. at no time took official credit or responsibility for the White work. Many another cartoon was drawn about this episode. In his retraction, issued just before sailing to Europe, Editor White said : "I'm throwing no mud at. Governor Smith." A picture at once suggested itself and was drawn ? a little man on the stern...
...About credit, he said only this: "The Federal Reserve can't earmark its credit. But it can help steer the credit ship. People must not expect the impossible...
Lion-like in its beginnings, the convention of U. S. bankers went out like a lamb. Scarcely had the delegates assembled when Representative Louis T. McFadden, chairman of the House Committee on Banking and Currency, introduced the mooted question of credit and the war of the banks and the bulls. He warned that the Federal Reserve policy of tight money might "produce a business slump without intending to do so." On the other hand, he warned that relaxing the policy might result in more credit going "directly into the speculative loans." Between the two horns of the dilemma, he sought...
...branch banks has practically doubled each five years."* He classified, adroitly: "We still have the nation's financial business carried on by literally 57 varieties of banking institutions (48 different kinds of state banks, national banks, federal joint stock land banks, federal land banks, federal reserve banks, federal intermediate credit banks, postal savings system, mutual savings banks, trust companies, private banks...
...sessions of the bankers were heading to a climax. Last of the important speakers was to be no less a personage than Roy Archibald Young, governor of the entire Federal Reserve system.? As the Federal Reserve had taken the lead in the war on speculation, as the credit situation was the only real issue at Philadelphia, bankers waited with intense interest for what Governor Young might say. In Manhattan, the market was uneasy...