U.S. NATIONAL DEBT
DEMAND FOR REDUCTION. USE OF GOLD STOCKS. REPUBLICAN PROPOSALS. (United Press Association—By Electric , Telegraph.—Copyright.) Received August 10, 9.20 a.m. WASHINGTON, Aug. 9. . Six Republican members of the House Banking and Currency Committee have issued a statement demanding that the gold stocks, totalling 12,470,000,000 dollars, should be applied to the reduction of the National Debt, particularly the sterilised debt, totalling 1,239,000,000. The statement declared that these stocks serve no useful purpose but help foreign countries without benefitting the United States.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 214, 10 August 1937, Page 7
Word Count
82U.S. NATIONAL DEBT Manawatu Standard, Volume LVII, Issue 214, 10 August 1937, Page 7
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