Abstract

Editorials
McWilliams, Carey | January 15, 1955 issue

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The Federal Reserve Board's decision to raise margin requirements on stock purchases from 50 to 60 percent made page one from coast to coast and was the editorial theme of the week. Public's interest in the announcement is a measure not so much of its importance as of the number of "oldsters" still about who remember what happened on October 1, 1929. Judging by the excitement, it takes very little to activate the ghostly fears that have haunted the investing public for the last twenty five years.

See Also:

STOCKS; PUBLIC interest; UNITED States. Federal Reserve Board; CAPITALISTS & financiers; SECURITIES; UNITED States
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