On the record
And ingenious and novel as the proposed National Reserve Association appears, it simply is a logical outgrowth of what is best in our present system, and is, in fact, the fulfillment of that system.
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gutenberg.orgBill Taft: “And ingenious and novel as the proposed National Reserve Association appears, it simply is a logical outgrowth of what…”
Editor's note · Context
Taft argues that the proposed National Reserve Association is a logical evolution of the existing banking system.
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