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Memorandum on the Question: "The Claim is Made that Private Industry by Itself Cannot Profitably Absorb Current Savings. Were this True, A Continued Nigh National Income Would Be Impossible Unless the Government Provided Investment Opportunities for Capital through Public Works, Etc. What Evidence Is There That Supports This Claim?", Box 73, Folder 14, Item 4

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Currie, Lauchlin Bernard. Memorandum on the Question: "The Claim is Made that Private Industry by Itself Cannot Profitably Absorb Current Savings. Were this True, A Continued Nigh National Income Would Be Impossible Unless the Government Provided Investment Opportunities for Capital through Public Works, Etc. What Evidence Is There That Supports This Claim?", Box 73, Folder 14, Item 4, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/scribd/?item_id=467906&filepath=/files/docs/historical/eccles/073_14_0004.pdf&start_page=1, accessed on September 24, 2017.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102