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ANDERSON, JR., B. M.
"Cheap money, gold and the Federal Reserve Bank
policy," CHASE ECONOMIC BULLETIN, Vol. IV, No. 3,
August, 1924., pp. 11-13.
Author File
ANDERSON, B.M., Jr.
"Cheap money, gold, and federal reserve bank
policy, CHASE ECONOMIC BULLETIN, Vol. IV, No. 3.
New York: Chase National Bank, 1924.
Pp. 26.
Gold Policies of FR System
Author File
ANDERSON, B. M., Jr.
Reserve policy and excess gold, JOURNAL OF THE
AMERICAN BANKERS ASSOCIATION, Vol.
August, 1923.
U.S. gold problems and policies
ANDERSON, B.M., Jr.
"Reserve policy and excess gold,11
THE AMERICAN BANKERS ASSOCIATION,
AMgust, 1925.
JOURNAL OF
Fed. Res. banks should be making every effort to
prevent an expansion of bank credit in this country
growing out of our abnormal gold holdings. The discount rate at the Fed. Res. banks on each type of paper
should be higher th q n the market rate on similar paper*
Abstract by W.O. Weyforth, AMERICAN ECONOMIC
REVIEW, XIII, Dec. 1925, pp. 766-7-
ANDERSON, B. M., Jr. and HEPBURN, A. Barton
"Federal reserve gold and rediscount policy.M
THE ANNALIST,
July, 1921.
Pp. 2.
The rediscount rate should be kept above the market
rate; the present abnonaally high federal reserve
ratio is no justification for reducing rediscount
rates.
Abstract by C. A. Phillips, AMERICAN ECONOMIC
RE¥IEW, XI, Sept. 1921, p. 577.
Th«- D*s«i>i»nr Pekcu *l
-the
FeJ*rx*l
BECKHART, B. H.
THE DISCOUNT POLICY OF THE FEDERAL
RESERVE SYSTEM.
192U.
DisetiMion o f U . S . g o l d embarvo, s e e p p . 2 6 3 - 7 6 .
BROWN, W# A,, Jr.
ENGIAND AND THE NEW GOLD STANDARD, 1919-1926.
New Haven: Tale University Press, 1929.
On Federal Reserve gold policy i n twenties, see
problem of excess reserves, pp« 26f-29
FJL. gold p o l i c i e s , pp. 92-9, 1U2-55, 17U-6,
199-208, 226-33, 276, 290
T*)c 60U
P&najoje; in
"file 'Rgxjrfc>c
BURGESS, W. R.
"The g o l d p a r a d o x / i n RESERVE BANKS AND THE
MONEY MARKET.
New York: 1 ? 2 7 .
denial of F.R. policy of 'gold sterilization.'
BURGESS, W. R.
^How the mechanism of the federal reserve
prevented a gold inflation,* JOURNAL OF THE AMERICAN
BANKERS ASSOCIATION,
June, 1925.
Pp. 3.
Increases in gold after 1920 were offsgt by decreases in reserve bank earning assets • Abstract
by ¥. 0. Wqyforth, AMERICAN ECONOMIC REVIEW, XV,
September, 1925, p. 574.
anv
CHANDLER, H. A. E.
Federal Reserve credit policy and decline of
commodity prices, COMMERCE MONTHLY, Nuv. 1927,
8 pp.
Shows that during 3 years from Mar. 1924- to Mar. 1927,
there has been a primary credit expansion in the U.S.
to the full extent that the increased gold supply has
made possible. Concludes there is no solid basis for
criticism of certain foreign and domestic authorities that
we have unduly restricted credit or for the contention
that our present gold policy tjy keeping down world
prices has been an impediment to world recovery.
CHANDLER, H. A. E.
"Federal Reserve System and the decline of the world
commodity price level," COMMERCE MONSHLI, uctober
1927, 10 pp.
Examines reasonf for gold importation into U.S. during
past 3 years (1924-27). The influx has not been due to
any desire on part of U.S. to get the gold but is tesult
of Europeans1 preference and that of others to have
their money invested here rather than keep it as en unearning asset at home, it being known that a credit here
is practicaly as good as gold at home.
CHANDLER, H. A. E.,
"International Aspects of Federal Reserve Policy"
A.E.R. SUPPLEMENT, Vol, XVI, No, 1 March, 1926
CHANDLER, H. A. E.
"International Aspects of Federal Reserve
Policy," THE AMERICAN ECONOMIC REVIEW, SUPPLEMENT,
XVI, No. 1, March, 1926, pp. 316-24.
Discussion—B. H. Beckhartj ibid., pp. 325-27.
CHANDLER, H. A. E.
Changing aspects of our gold problem,
COMMERCE MONTHLY,
March, 1925.
Contrary to frequently expressed opinion we have not
demonetised or impounded excess gold within our
banking system, nor have we devised any means of
permanently preventing it from exercising an influence
on volume of credit, prices, etc*
Future stability
of credit will depend largely upon progress of
European nations in return to gold standard*
Abstract by ¥. 0. Veyforth, AMERICAN ECONOMIC
REVIEW, XV, June, 1925, p. 393.
If
Inflation and d e f l a t i o n
Edwards, Gurden
Meeting the run on America f s gold. (In:
A. 3« A. Journal.
January, 1928#
p#5l9-21. )
Gold
CHANDLER, H. A. E.
"Federal reserve system and the decline of the
world commodity price level," COMMERCE MONTHLY,
October, 1927- Pp. 10.
Examines the reasons for the importation of gold into
the U.S. during the last three years. The importations
have not been due to any desire on the part of the U.S. to
get the gold, but are the result of the Europeans1 pref
erence and that of others to ijave their money invested
here rather than to keep it as an unearning asset at
home, it being knovn that a credit here is practically as
good as gold at home.
Abstract by V. 0. Veyforth, AMERICAN ECONOMIC
REVIEW, XVIII, March, 1928, p. 179.
CHANDLER, H. A. E.
"Federal reserve credit policy and decline of
commodity prices," COMMERCE MONTHLY, November, 1927.
Pp. 8.
Shows that during the 3 years from March, 1924, to
March, 1927, there has been a primary credit expansion
in the U.S. to the full extent that the increased gold
supply has made possible. Concludes that there is no
solid basis for the criticism of certain foreign and
domestic authorities that we have unduly restricted
credit or for the contention that our present gold policy
by keeping down world prices has been an impediment to
world recovery.
Abstract by V. 0. Veyforth, AMERICAN ECONOMIC
REVIEW, XVIII, March, 1928, 178-9.
CHANDLER, H.A.E.
The problem of our e x c e s s g o l d , COMMERCE
MONTHLY,
June, 1925.
Advocates s e t t i n g a s i d e , as a s p e c i a l fund, t h e gold
i n t h i s country i n e x c e s s of i t s normal p r o p o r t i o n
of the w o r l d ' s s u p p l y . Whenever t h e outflow of gold
for f o r e i g n exchange purposes r e a c h e s abnormal p r o p o r t i o n s t h i s s p e c i a l fund can be drawn upon.
Abstract by tf.O. Weyforth, AMERICAN ECONOMIC
REVIEW, X I I I , Dec. 1923, p . 767.
DAVISON, G. ¥.
interpreting America1 s gold supply and reserve
policy in terms of trusteeship," TRUST COMPANIES,
May, 1928. Pp. U.
It is denied that gold has been deliberately sterilized
in the United States. Aaaieilcan banking policy since the
great influx of gold has been to regard this country as
the trustee of this gold which will eventually flow back
to other countries, and the use of gold as a basis of
credit has been safeguarded with this prospect in.ilew.
Abstract by V. 0. Weyforth, AMERICAN ECONOMIC
REVIEW, XVIII, Sept. 1928, p. 572.
DAVISON, George ¥.
"Interpreting America's gold supply and Reserve
policy in terms of trusteeship," TRUST COMPANIES, May
1928. 4- pp.
CAPITAL,
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EBIE, Lionel P.
JOURNAL OF THE AMERICAN BANKERS ASSOCIATION,
April, 1929.
gold crisis in U.K. owing to
FRS!s failure to control excessive speculative use of credit
EDIE, L.D.
"Gold Economies and Stable Prices 11
J . P . E . Vol. 37, Nol 1 February, 1929
i
The r<**e oj* "/enrase
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fa*
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^M-
FEDERAL RESERVE BOARD
ANNUAL REPORT
Vashington, 1927,
pp. 9-11.
gold policy of the F.R. banks
during 1927.
GOLDENWEISER, E. A.
"Efforts of Further Gold Imports on Our
Banking Situation," THE AMERICAN ECONOMIC REVIEW,
Vol. H I I , No. 1, March, 1923, pp. 84-91.
Author File
GOLDENWEISER, E. A.
Effects of Further Gold Imports on Onr
Banking Situation, THE AMERICAN ECONOMIC REVIEW,
Vol, XIII, No. 1, March, 1923. pp. 84-91.
GOLDENWEISER, E. A.
E f f e c t s of Further Gold Imports on Our Banking
S i t u a t i o n , THE AMERICAN ECONOMIC REVIEW, XIII, No.
1, March, 1923, pp. 8 4 - 9 1 .
GOLDENVEISER, E. A.
"Effects of Further Gold Imports on Our
Banking Situation," THE AMERICAN ECONOMIC REVIEW,
Vol. XIII, No. 1, March, 1923.
HARDY, C O .
"Gold and Credit"
ANNALS Vol 165 January, 1933
HARDY, C. 0.
CREDIT POLICIES OF THE FEDERAL RESERVE SYSTEM.
1932.
See Chap. IX, for analysis of gold movements
in period,
HEPBURN, A. Barton and ANDERSON, B. M., Jr.
The Gold and Rediscount Policy of the Federal
Reserve Banks, THE CHASE ECONOMIC BULLETIN, Vol* I,
No. 5, July 20, 1921.
HEPBUEN, Alonzo Barton, and B. M. Anderson.
The gold and rediscount policy of the Federal
Reserve Banks. (Chase economic bulletin. New
York, 1921. 8°. v. 1, no. 5, p. 3-350
HEPBURN, Alonzo Barton, and B. M. Anderson,
The gold and rediscount policy of the Federal
Reserve Banks* (Commercial and financial
chronicle. New York, 1921. f°. v. 113, P*
349-35U.)
HEPBURN, Alonzo Barton and ANDERSON, JR., Benjamin M*
"The gold and rediscount policy of tha Fedaral
Reserve Banks," Nav York, Da Vinna Press, 1921*
pp* 3-35.
35 pp.
THE CHASE ECONOMIC BULLETIN, Vol* I f No* 5,
July 20, 1921
HEPBURN, A. Barton and ANDERSON, B. M.
11
The Gold and Rediscount Policy of the Federal
Reserve B§n»s,w ECONOMIC WORLD, July 23, 1921.
HEPBURN, A. Barton, and ANDERSON, Benjamin M.
"The Gold and Rediscount Policy of the
Federal Reserve Banks," THE CHASE ECONOMIC BULLETIN,
Vol. I, No. 5, July 20, 1921.
JAY, Pierre•
Gold imports and exports in relation to
banking credit in the United States. (Trust
companies* New York, 1925* 8°. v* 40, p* 1116.)
JAY, Pierre*
Gold imports and exports in relation to
banking credit in the United States•
(Economic world• New York, 1925 • 4°.
new series, v. 29, p. 221-224.)
JAX, Pierre
"Relation of gold imports and exports to banking
and credits," TRUST COMPANIES,
January, 1925*
COST
Under present conditions a large outflow of gold
could be regarded with far less concern than before the
establishment of the federal reserve system* This is
because member banks may restore reserves reduced by
gold exports through borrowing at federal reserve banks.
Gradual reduction of such loans would permit business to
adapt itself to the changed conditions.
Abstract ly V. 0. Vcyforth, AMERICAS ECONOMIC
REVIEW, XV, June, 1925, p. 394-
JAT, Pierre
The relation of gold imports and exports to
the voluae of credit, lOONOMIO WORLD, June 6, 1925-
Federal reserve system serves as elastic link in
chain of circumstances connecting: gold imports and
exports with th« volume of credit. It relieves to
some extent the excessive strains that movements of
gold formerly created. Abstract by W.O. Weyforth,
AMERICM ECONOMIC REVIEW, XIII,
December, 192J, p. 768.
KEMMERER, E* V.
"Doing Something for Gold," An article on file
at the PRINCETON UNIVERSITY LIBRARY.
no date (circa 1921)
\rea%wcn Go\A Velic^ o^c)
Ra*K ftcaajtiHf 15aj**wy
W^wxGe<-
Il**t~/931
'W^^J
fciit,. £)
Mi*n«s,f*.
1939A/«u> P*A( £ # y p£i/C
Y
LOCKHART, Oliver C.
The denominations of the currency in relation to
the gold problem, QUARTERLY JOURHAL OF ECONOMICS,
Vol, 38,
1924, pp. 234-249.
U.S. monetary gold stock: its influence on
total monetary circulation and on volume of
bank credit
M
McFadden, Louis T%
Representative McPadden approves gold4exports—Favors redistribution of gold to aid in
stabilization of currancies abroad—In London
interview says we can reduce stock {lf500f000f000
without influencing money rates• (In: OJie
Chronicle*
Dec* 31, 1927.
p,356£* )
Gold
MILLER, A. C.
"Federal Reserve Policy, 1 1 THE JMERICAN
ECONOMIC REVIEW, XI, No* 2, June, 1921, pp. 177-206.
deals v i t h ( i ) gold policy ( i i ) currency
policy ( i i i ) c r e d i t policy
MILLER, Adolph 0 .
Federal reserve p o l i c y , AMERICAN
ECONOMIC REVIEW, Vol. 11, June, 1921, pp.
177-206.
on gold policy, see pp. 179-132
MILLER, Adoijli: Casper
"After-War Readjustment; Liberating Gold,"
AMERICAN ECONOMIC REVIEW, SUPPLEMENT, IX,
March 1919.
NOYES, C. Reinold
"The Gold Inflation in the United States, 1929-1929,"
AMERICAN ECONOMIC REVIEW, XX, June, 1930, pp.
181-198.
M
Noyes, C. Reinold
The gold inflation i n the United States, 1921.
1929,
(In: The Am*rj.can Economic review, June
1930, p.181)
It seems safe to say that the federal reserve
has done more harm than good by conceiving i t s
mission to be one of encouraging and reviving flagg
ing business by aggressive means.
Gold
Federal reserve systenamndinflation
Fed. res, sy at era Gold polic
Fed. res # banks-Op en market operations.
NOYES, C. Beinold
"Free Gold," HARVARD BUSINESS REVIEW,
O c t o b e r , 1932.
Pp. 10.
NOYES, C. Reinold
Gold Inflation in the United States,
1921-1929, AMERICAN ECONOMIC REVIEW, Vol. 20,
June, 1930, pp. 181-198.
^4
$Aft£#*.•.
NOTES, C. Retnold
Gold i n f l a t i o n in the United S t a t e s , AMERICAN
ECONOMIC REVIEW, XX, June, 1950.
u
v.f.
Ohlin, Bertil
Fed, res.
Gold movements and deflation in 1925-1927.
eys &
(in: Svenska hand cl stank en. Index, Dec,1927, p.2p r i c e s 9#)
"The responsibility for the deflation of the
l a s t two years rests with the Federal' reserve
authorities"
Clipped and filed in v.f.
Also in v. f. Gold.
Fee.res.sys. Gold p o l i c i e s
Golg
Fed. res. system and prices.
M.
Putnam, George 5*
Our buried treasurp in gold* (In:
Journal*
Sept* t 1927,.
p*163*)
A*B*A*
The ease with which the Federal reserve banks
have managed the flow of gold coming to our shores
to prevent inflation i s one of the monetary mameas
of the day*
Gold
Fed* ves. bd-Gold p o l i c i e s
PUTNAM, G. E.
Has the gold influx stopped? JOURNAL OF
THE AMERICAN BANKERS ASSOCIATION,
March, 1925.
Pp, 3.
If high tariff in the U.S. prevents payment of
foreign obligations to us in goods, then more
gold will come in until conditions are created
which permit payment by goods. Abstract of W.O. VeyforthAMERICAN EGONOMI REVIEW, XV, Sept. 1925, p. 575.
PUTNAM, G. B.
Federal reserve rediscount rates and the
gold supply, JOUBNAL OF THE AMERICAN BANKERS
ASSOCIATION,
August, 1924.
Federal Reserve Board1 s attempt to control credit has
been costly from the point of view of earnings of
federal reserve banks. Continued importations of gold
vill take control out of hands of Federalfieserve Board,
Tariff reduction would lessen imports of gold, but very
few could be found to advocate drastic tariff reduction
in view of the injuxy that it would inflict on American
business* Abstract by ¥.0* ¥eyforth, AMERICAN ECONOMIC
REVIEW, XIV, December, 1924, pp. 807-8.
ROBERTS, George E.
Economic Position of the United
States as Affected by Huge Gold Imports, TRUST
COMPANIES, Vol. XXI, No. 6, December, 1915*
PUTNAM, G. E.
If we pile up another billion in gold,
JOURNAL OF THE AMERICAN BANKERS ASSOCIATION,
May, 1924.
Writer thinks that if we continue in the policy of
drawing all the gold the foreign mines produce and of
drawing on the gold reserves of foreign banks besides,
and then of maintaining our excess stocks in idleness,
it is equivalent to reducing the world1 s supply of gold
money (so far as its capacity to affect prices is concerned), and this must inevitably reduce the world's
level of gold prices. Abstract t>y W*0* Weyforth,
AMERICAN ECONOMIC JOURNAL, XIV, Dec. 1924,
?• 588*
SILBERLING, Norman J.
THE DYNAMICS OF BUSINESS. New York and
London: McGraw-Hill Book Co., 194-3*
chap. 13:
14
"(Bhe Gathering International Storm, 1923-31."
"International Factors In Monetary Policy."
SNYDER, Carl
"The Stabilization of Gold: A Plan," AMERICAN
ECONOMIC REVIEW, XIII, June 1923, pp. 276-85.
SNYDER, Carl
"The Stabilization of Gold: A Plan,1*
THE AMERICAN ECONOMIC REVIEW, Vol. XIII, No.2,
Jiine, 1923.
U
W i l l i s , H.Parker
The gold position of the United S t a t e s . ( I n :
The Banker, London, September 1930, p # 265- )
The U.S. cannot afford to lose more than
about 1300,000,000 of gold.
Gold-U.S.
W i l l i s , H. Farker
The gold position of tke United S t a t e s ,
(In: The B a nker, J^ne 1929, p.257)
Recent estiraatli^pxace the amount of excess
gold in the United S t a t e s a t perhaps $850,000,000
-* ivhich i s thus the sum that must be used t o
meet any demands on foreign account growing out of
the arge balanees c a r r i e d in the United States are approximately correct
Fed. res .ays. -Gold p o l i c i e s .
Gold
Discount rate
WILLIS, H. P.
Gold problems of the Federal Reserve Banks,
THE BANKER (London), Vol. 5,
1928, pp. H7-156.
WILLIS, H. Paiker
••Economic redistribution and emplqyment of surplus
gold," THtJST COMPANIES,
December, 1924*
Controlling elements of gold policy of United States
in near future should be avoidance of domestic inflation by suitable use of discount rate power, and injection of gold into foreign markets both by market operations in paper and by taking up long-teim foreign
securities*
Abstract by V. 0. V^yforth, AMERICAN ECONOMIC
REVIEW, XV, June, 1925, p. 395.
V
W i l l i s , IL Parker.
3conomic r e d i s t r i b u t i o n and employment of
surplus gold.
(In Trust companies.
v.39 f Dec. f
1924.
p.705-7.)
Fed. r e s . board - Credit p o l i c y .
Gold.
WILLIS, H. P.
Are we demonetizing gold?
April 7, 1924.
THE ANNALIST,
Continued absorption of gold by the U.S. may lead other
nations to abandon that standard in theory as well as
in fact. Conservative elements in foreign countries
would oppose this and there is still hope of collaboration between the U.S. and other countries to bring about
the restoration of the gold standard: Abstract by
W.O. Weyfortfa, AMERICAN ECONOMIC REVIEW,
XIV, Dec. 1924, P- 588.
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