CURRENCY INFLATION
(Press Assn.-
UNITED STATES GOVERNMENT OPPOSES SENATOR'S PLAN NO SHORTAGE IN COUNTRY
— By Telegraph— Copyright).
Rec. Jan. 28, 7.15 p.m. WASHINGTON, Wednesday. The Government made ai firm stand against any inflation of the currency when Mr. A. W. Mellon, Secretary of the Tfeasury, inforftied Senator Walsh of Massuchussets, that the Treasury opposes the suggestiori for 1,000,000,000 dollars bond issue against which 1,000,000,000 dollars in notes could be issued. Mr. Mellon declared that the country faced no currency shortage.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 134, 29 January 1932, Page 5
Word Count
80CURRENCY INFLATION Rotorua Morning Post, Volume 1, Issue 134, 29 January 1932, Page 5
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