The growth in size and stability of the metropolitan banks is in marked contrast to the trend in the country districts, with its many failures and the losses these failures have imposed upon the agricultural community.
Herbert Hoover: “The growth in size and stability of the metropolitan banks is in marked contrast to the trend in the country districts…”
Editor's note · Context
Hoover contrasts the stability of metropolitan banks with the failures in rural banking, highlighting economic disparities.
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