Abstract

Speculation and Loans
Hall, Henry | November 6, 1929 issue

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The article presents information about the book, Wall Street and Washington, written by Joseph Stagg Lawrence. It was to be expected that the bitterness of feeling over the U.S. Federal Reserve Board's recent declaration of war on Wall Street's bull market should call out much vigorous speech and the pouring forth of much ink, but hardly that it would lead so soon to the appearance of a 468-page volume full of argument and data designed to prove the amazing incompetence of the authors of the Federal Reserve Board's famous public statement of February 5, 1929, warning the nation of the danger of speculative loans.

See Also:

WALL Street & Washington (Book); LAWRENCE, Joseph Stagg; UNITED States. Federal Reserve Board; BULL markets; BUSINESS & politics; UNITED States
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