Banking & currency address
Subject(s): Aldrich, Nelson W. (Nelson Wilmarth), 1841-1915, Banks and banking--Administration, Banks and banking, American, Canada, Europe, Fowler, Charles N. (Charles Newell), 1852-1932, Gage, Lyman J. (Lyman Judson), 1836-1927, Gold standard, Government securities, Lodge, Henry Cabot, 1850-1924, Roosevelt, Theodore, 1858-1919, War--Economic aspects
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In his speech on banking and currency, Andrew Carnegie compares the government bond-backed American banking system to the gold-backed European and Canadian systems and advocates for a switch from bonds to gold in American banks. Bonds are not a stable backing for currency and war could cause values to fluctuate. Carnegie is in favor of slowly, gradually, and cautiously switching to the gold standard.
Collection
Library of Congress Manuscript Division
Creation Date
1908-02-14
Creator(s)
Language
English
Period
U.S. President – 2nd Term (March 1905-February 1909)
Repository
Library of Congress Manuscript Division
Page Count
10
Production Method
Record Type
Multi-image
Resource Type
Rights
These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.
Citation
Cite this Record
Chicago:
Banking & currency address. [February 14, 1908]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o58124. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Carnegie, Andrew, 1835-1919. Banking & currency address. [14 Feb. 1908]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. July 30, 2026. https://www.theodorerooseveltcenter.org/digital-library/o58124.
APA:
Carnegie, Andrew, 1835-1919., [1908, February 14]. Banking & currency address.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o58124.
Cite this Collection
Chicago:
Library of Congress Manuscript Division. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. July 30, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
