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Banks and banking--Government policy

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Letter from Henry White to Theodore Roosevelt

Regarding the central bank question, Ambassador White informs President Roosevelt that he has spoken to Luigi Luzzatti, an Italian financier. He believes that sooner or later, the United States will need to move to a central banking system, and that the men in the country are capable of rising to the challenge. Luzzatti provided several examples of banking systems in other countries and noted that Italy modeled their bank after Germany’s. Currently Luzzatti is working to establish an international conference on banking and would like the United States’s cooperation. White briefly congratulates Roosevelt on the progress of the Great White Fleet. White also updates Roosevelt on the progress of the embassy in France, which will finally be able to host the official reception for newly arrived ambassadors and officials. The record includes a handwritten letter and a typed transcription.

Collection

Library of Congress Manuscript Division

Creation Date

1908-01-31

Creator(s)

White, Henry, 1850-1927

Letter from Leslie M. Shaw to Theodore Roosevelt

Secretary of the Treasury Shaw responds to press coverage of the Treasury Department’s policies. Shaw argues that more money is needed in the summer due to higher demand for hard currency. Despite the opposition to the increase by opponents of Wall Street, Shaw says he has heard from many in business who appreciated his actions.

Collection

Library of Congress Manuscript Division

Creation Date

1906-10-27

Creator(s)

Shaw, Leslie M. (Leslie Mortier), 1848-1932

Letter from George Edward Graham to Theodore Roosevelt

A recent economic failure in Washington County, New York, damaged two banks owned by Republicans. Several Democrats, led by John Gilroy and Ellis Williams, have applied to set up a new bank which will hurt many Republicans. George Edward Graham and many of President Roosevelt’s friends in the area would benefit if the Comptroller of Currency denies the application.

Collection

Library of Congress Manuscript Division

Creation Date

1904-03-28

Creator(s)

Graham, George Edward, 1866-1910

Letter from Theodore Roosevelt to Anna Roosevelt Cowles

President Roosevelt discusses the business problems in the country over the last three months, which he believes are a result of an overconfidence in the use of credit that cannot be solved by adjusting the banking policy. Roosevelt insists that the American currency system is strong and needs minor legislation rather than an overhaul.

Collection

Harvard College Library

Creation Date

1903-08-26

Creator(s)

Roosevelt, Theodore, 1858-1919

President Roosevelt and the courts

The article focuses on the decision of Supreme Court Judge Humphrey in relation to the pork packing industry. The New York World sides with President Roosevelt and feels laws are meant to be enforced. For those unhappy with Roosevelt’s dissent, the paper provides previous examples of United States presidents speaking out against prominent Supreme Court decisions such as the Dred Scott case or Marberry vs. Madison.

Collection

Library of Congress Manuscript Division

Creation Date

1906

Creator(s)

Unknown