TITLE

Central or Socialized Banking?

PUB. DATE
September 1934
SOURCE
New Republic;9/5/34, Vol. 80 Issue 1031, p89
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the proposal of complete socialization of banking. Interest of commercial banks in large stakes in speculative enterprise rather than in the task of regulating credit; Significance of the proposal of substitution of government ownership for semi-private ownership of banks; Permission given by the Reserve Bank to use it as an instrument of the fiscal operations of the government.
ACCESSION #
15009080

 

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