In January 1927, he publicly praised the government’s policy of steadily re...
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
In January 1927, he publicly praised the government’s policy of steadily reducing the public debt since 1920, calling it “one of the most wholesome financial developments of the period” in his annual report to stockholders, where he urged “the use of the present Government surpluses in further scaling down the debt.
chapter: Chapter 4: The 1920s: Political Isolationism, Financial Internationalism