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Letter from Henry Lee Higginson to Theodore Roosevelt

Letter from Henry Lee Higginson to Theodore Roosevelt

Henry Lee Higginson offers President Roosevelt his opinions and critiques about current economic policies in the United States, especially pertaining to the Treasury Department and to railroads. Higginson believes the Treasury should circulate more money and is against the policy of holding it out of circulation. He also believes that railroad owners and investors should be able to reap the benefits of the risks they take in investing in railroad stock.

Collection

Library of Congress Manuscript Division

Creation Date

1907-04-24

Creator(s)

Higginson, Henry Lee, 1834-1919

Letter from Leslie M. Shaw to Theodore Roosevelt

Letter from Leslie M. Shaw to Theodore Roosevelt

Secretary of the Treasury Shaw writes to President Roosevelt about F. E. Lyford’s suggestion that the government should accept certified checks instead of requiring currency. According to Shaw, requiring cash does not contribute to the “nonelastic character of our present currency system,” and he does not agree with Lyford’s recommendations regarding national bank notes. Shaw claims that Lyford has not sufficiently analyzed the matter.

Collection

Library of Congress Manuscript Division

Creation Date

1906-12-01

Creator(s)

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