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Finance, Public--Government policy

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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