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United States. National Monetary Commission

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Letter from Theodore Roosevelt to Pearl Wight

Letter from Theodore Roosevelt to Pearl Wight

President Roosevelt explains to Pearl Wight that he tried to convince William H. Taft and the rest of the cabinet to prevent William Jennings Bryan from causing issues with the bank deposit situation. Both Roosevelt and Secretary of State Elihu Root have responded to Bryan in The Outlook. His banking plan would be deeply problematic, as is evidenced by the failed attempt at a similar plan in New York.

Collection

Library of Congress Manuscript Division

Creation Date

1908-09-15

Creator(s)

Roosevelt, Theodore, 1858-1919

Letter from Lawrence O. Murray to Theodore Roosevelt

Letter from Lawrence O. Murray to Theodore Roosevelt

Lawrence O. Murray discusses the issue of currency reform and the Monetary Commission’s recommendations. The American Bankers Association and National Citizens League endorse the Commission’s plan. Murray hopes that Theodore Roosevelt will consider addressing the topic. He and economics professor, A. Piatt Andrew, can meet with him to discuss the matter further.

Collection

Library of Congress Manuscript Division

Creation Date

1911-12-07

Creator(s)

Murray, Lawrence O., 1864-1926

Currency advice

Currency advice

The writer of the article calls into question statements made by Senator Theodore E. Burton made in an address the the American Bankers’ Association. Burton’s statements are generally agreeable, but provide little information on what the Monetary Commission intends to do to reform currency matters. Banks should facilitate the flow of money for commercial use to meet legitimate demands, while preventing inflation. Contraction should be prevented by forcing financiers to comply with regulations.

Collection

Library of Congress Manuscript Division

Creation Date

1911-02-10

Creator(s)

Unknown