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Our Financial Rulers: Although Immense Monetary Powers Reside in Washington, Authority Is Divided

EVER since the dark days of the banking crisis of 1932-33 we have been told that the financial center of the coun try has moved from New York to Washington. This is a broad statement, requiring interpretation, but no one denies that it contains a substantial measure of truth. Still speaking in gener...

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Bibliographic Details
Published in:Barron's (Chicopee, Mass.) Mass.), 1940-04, Vol.20 (17), p.9
Main Author: Atwood, Albert W
Format: Magazinearticle
Language:English
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Summary:EVER since the dark days of the banking crisis of 1932-33 we have been told that the financial center of the coun try has moved from New York to Washington. This is a broad statement, requiring interpretation, but no one denies that it contains a substantial measure of truth. Still speaking in general terms, it may be said that our financial rulers are now government officials.
ISSN:1077-8039