AMERICAN POLITICS.
■THE CURRENCY BILL. {By Cable.—Presi Awoeiatiott-rOopyngbt.)• (Received November 25th, 10.5 p.m.) ; WASHINGTON, November 25. Senator Owen, in the debate on"th* v Currency Bill, said that the-bank reserves wore largely concentrated in.,' New York, where they wero loaned the Stock Exchange for the purpose of■». speculation. He argued in favour 6ft( the formation of a Federal reserve, en--ablins the banks, to withdraw their funds from the Stock Exchange, which had become the most gigantic gambling: establishment in the. world: y • :
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Press, Volume XLIX, Issue 14833, 26 November 1913, Page 11
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81AMERICAN POLITICS. Press, Volume XLIX, Issue 14833, 26 November 1913, Page 11
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