Letter from Samuel L. Morris to Theodore Roosevelt
Samuel L. Morris shares his opinion of the Aldrich Central Bank legislation with Theodore Roosevelt, stating the banks are declining new loans and demanding payment of existing loans, building up their reserves. Morris asks why the banks must be given the power to issue money when the government might repeat what was done during the Civil War and increase circulation under proper regulation of the Comptroller and depositories. Morris would like to hear Roosevelt’s view on the subject.
Collection
Library of Congress Manuscript Division
Creation Date
1911-12-16