AMERICAN FINANCIAL PANIC.
110 RE RECEIVERS APPOINTED. Received 9th, 10,10 p.m. New York, January 9. Receivers have been appointed in connection with the Chicago and Great Western Railroad Company, MORE STABLE CURRENCY. BILL INTRODUCED. Received 9th, 11.16 p.m. New York, January 9. \ W. J. Fowler, chairman of the United States House of Representatives, in the Banking and Currency Committee, introduced a Bill providing for the withdrawal of all outstanding national bank currency secured on bonds, and authorising, instead, a currency based on the general assets of each bank.
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https://paperspast.natlib.govt.nz/newspapers/TDN19080110.2.16.2
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Taranaki Daily News, Volume L, Issue 312, 10 January 1908, Page 2
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88AMERICAN FINANCIAL PANIC. Taranaki Daily News, Volume L, Issue 312, 10 January 1908, Page 2
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