Central or Socialized Banking?

September 1934
New Republic;9/5/34, Vol. 80 Issue 1031, p89
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.


Related Articles

  • Mumbai's First Bank, 1720: The Beginning of Banking on the Bombay Island. Amladi, Durgadas Ramkrishna // Prajnan;Apr-Jun2014, Vol. 43 Issue 1, p9 

    This paper is the life story of the Bombay Bank, the first bank on Bombay Island, established in 1720. Though it was the very first government bank in Mumbai, now the financial capital of the Indian Nation, very few details of the bank's operations are available in the hitherto published...

  • THE DEVELOPMENT OF BANKING IN TAIWAN: THE HISTORICAL IMPACT ON FUTURE CHALLENGES. Lee, Lawrence L. C. // Maryland Series in Contemporary Asian Studies;2014, Vol. 2014 Issue 3, p1 

    The article focuses on the development of the banking sector of Taiwan and mentions other topics including the influence of Japan on Taiwan's banking system and the establishment of a state-owned banking system by Taiwan in response to mainland China's weak financial system.

  • Complaints Against the "Mushroom" Laws of N.R.A. Clapper, Raymond // Congressional Digest;Jan1935, Vol. 14 Issue 1, p24 

    Criticizes the vast mushroom growth of new Federal law produced by the National Recovery Administration of the U.S. federal government in January 1935. Difficulty of the businessman in keeping informed of these codes, supplemental codes, code amendments, executive orders, administrative orders,...

  • Administration Officials Defend "Alphabet" Agencies V. "F. H. A." Moffett, James A. // Congressional Digest;Jan1935, Vol. 14 Issue 1, p17 

    Presents a defense of the Federal Housing Administration, a government agency of the U.S. federal government in January 1935. Modernization Program, as stipulated in the National Housing Act, to continue until December 31, 1935; Ease and convenience of the owner of a home or business property...

  • The Contradiction in China's Gradualist Banking Reforms. Dobson, Wendy; Kashyap, Anil K. // Brookings Papers on Economic Activity;2006, Issue 2, p103 

    The article discusses the Chinese central government's reforms to the bank-dominated financial system prior to opening the banking industry to foreign competitors. The article focuses on the gradual nature of this reform and argues that the dependence of China's government-affiliated firms on...

  • Administration Officials Defend "Alphabet" Agencies I. "N. R. A." Richberg, Donald R. // Congressional Digest;Jan1935, Vol. 14 Issue 1, p14 

    Presents a defense for the existence of the National Recovery Administration, a government agency of the U.S. federal government in January 1935. Demonstrated soundness in the fixing of minimum wages and maximum hours of trade and industry; Need for dishonest business practices to be...

  • Washington Notes.  // New Republic;9/20/33, Vol. 76 Issue 981, p153 

    Presents information on various social and political developments in the United States. Information on the internal struggles of the National Recovery Administration; Aspects of the struggle between the U.S. administration and the American Banker's Association; Grievance of U.S. President...

  • Finance ministry considering proposal for fixed term for PSU bank chiefs.  // FRPT- Finance Snapshot;4/20/2014, p9 

    The article reports on the plan of the Indian Finance Ministry to propose a fixed tenure for public sector (PSU) bank chiefs. The fixed term to chairmen and managing directors of state-owned banks is said to be aimed at ensuring stability in operations. The government is to be considering to...

  • So Does the Government.  // Saturday Evening Post;3/19/1938, Vol. 210 Issue 38, p22 

    Comments on the 1938 report of the Rural Electrification Administration in the U.S. Background of the government's sales technique for its electric services; Highlights of the report; Opinion of the author on the government's installment financing scheme for its enterprises.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics