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Eight months before the Congress passed the Glass–Steagall Act (aka the Banking Act of 1933) this unsigned editorial appeared in a Washington-based news magazine pointing out that the economic downturn in the country had created a need for such legislation.

Click here to read another 1932 article about the banks.

     


(Amazon)


Reform The Banks! (Pathfinder Magazine, 1932)

Reform The Banks! (Pathfinder Magazine, 1932)

Reform The Banks! (Pathfinder Magazine, 1932)

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