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Centra ( Mewetartf tCred/i ***<f Qtovti*^ ft*.* **• 6us<*tess e*ectctxts*f j OepC. of lxt>i***c<=s Office MatiJU zf (93<t . pp.S> HARDY, Charles CT. A Monetary Mechanism,, in GOVERHMMT AND ECONOMIC LIFE* DEVELOPMENT AHD OTBKEHT ISSUES OF AMERICAS.PUBLIC POLICY, by Leverett S. Lyon, Myron W, Watkins, and Victor Abramson. Washington, D.C.: Brookings Institution, 1939, chapter VII, pp. 152-198. YOUNG, John P. Government Management of Currency and Credit, THE ANNALS of the American Academy of Political and Social Science, November, 1939* U.S. Board of Governors of the Federal Reserve System. THE FEDERAL RESERVE SYSTEM: ITS PURPOSE AND FUNCTIONS. Washington: (National Capitol Press), 1939. Pp. 128.