Your TR Source

Taussig, F. W. (Frank William), 1859-1940

3 Results

Letter from Henry Lee Higginson to William Loeb

Letter from Henry Lee Higginson to William Loeb

Henry Lee Higginson returns letters from Secretary of the Treasury George B. Cortelyou and of Professor F. W. Taussig. Higginson asserts that Taussig is not a reliable source from whom to understand the opinion of the business community. He believes the extent of the depression in the stock market was great, but he does not regard it as a matter of consequence to the speculative market. Such corrections are to be expected. However, the railroads are hesitant to build more track until the future legislation and its effect on rates is understood.

Collection

Library of Congress Manuscript Division

Creation Date

1907-05-04

Creator(s)

Higginson, Henry Lee, 1834-1919