Proposal for a special reserve requirement against the demand and time deposits of banks

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Title Proposal for a special reserve requirement against the demand and time deposits of banks
Description Typescript (13 pages) of a secret memorandum by Federal Reserve staff, dated 21 November 1947 and entitled "Proposal for a special reserve requirement against the demand and time deposits of banks," supporting legislation to restrain inflationary expansion of bank credit. Also a letter dated 21 November 1947 from Federal Reserve Chairman Marriner S. Eccles to Joseph W. Dodge, President of the Detroit Bank, addressing Dodge's concerns about the Federal Reserve Board's approach to handling interest rates.
Creator Marriner S. (Marriner Stoddard), 1890-1977
Date 1947-11
Subject Marriner S. (Marriner Stoddard), 1890-1977--Archives; Marriner S. (Marriner Stoddard), 1890-1977--Correspondence; Monetary policy--Law and legislation--United States; Banks and banking--Law and legislation--United States; Banks and banking, Central--United States
Collection Number and Name Ms 0178 Marriner S. Eccles Papers, 1910 - 1985
Type Text
Format application/pdf
Language eng
Rights
File Name 0178_081_017
ARK ark:/87278/s6b9yyxj
Setname uum_msep
ID 1936278
Reference URL https://collections.lib.utah.edu/ark:/87278/s6b9yyxj