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HEARINGS

BEFORE THE

COMMITTEE ON BANKING AND CURRENCY
Congress.

UNITED STATES SENATE

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SEVENTY-THIRD CONGRESS

SECOND SESSION

ON

S. 2366

A BILL TO PROTECT THE CURRENCY SYSTEM OF THE
UNITED STATES, TO PROVIDE FOR THE BETTER
USE OF THE MONETARY GOLD STOCK OF
THE UNITED STATES, AND FOR
OTHER PURPOSES

REVISED

JANUARY 19 TO 23, 1934

Printed for the use of the Committee on Banking and Currency

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1934

4

copy of

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Hont 157737

Preston, T. R., president of the Hamilton National Bank, Chattanooga,
Tenn.; representing the United States Chamber of Commerce.

Rand, James H., Jr., chairman of the board, Remington-Rand Co.,

New York....

Rogers, James Harvey, Sterling professor of political economy, Yale
University, and fellow of Pierson College, New Haven, Conn---

Stewart, Walter W., member of the firm of Case, Pomeroy & Co.,

New York City.

355

Willis, Henry Parker, economist, New York, N.Y.
Young, Owen D., General Electric Co., New York, N.Y.

226

322

TABLE OF EXHIBITS1

7. January 17, 1934, Governor Black's statement relative to S. 2366..
8. January 18, 1934, Letter of transmittal from Secretary of the Treasury.
9. January 18, 1934, Treasury Department's release to press..

10. March 6, 1933, President's proclamation (no. 2039), bank holiday,

March 6 to 9, inclusive..

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