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Salt Lake Telegram | 1933-10-05 | Page 3 | Over-Inflation Warning Given

Type issue
Date 1933-10-05
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s6qz3k2r
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6qz3k2r

Page Metadata

Article Title Over-Inflation Warning Given
Type article
Date 1933-10-05
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Page 3
OCR Text OVER INFLATION TION WARNING GIVEN Arkansas Senator Against Currency rr ncy Boost as as Too Dangerous NEW YORK Oct 5 ff W Senator Joseph oseph T. T R Robinson of Arkansas returned returned re- re turned from Europe th the liner Manhattan and issued a warning against currency inflation u Currency inflation as commonly reposed proposed the Democratic floor leader lead- lead er r said is dangerous and is likely todo to too do o more harm th than good to th the cause of national nal ial recovery The senator said that while he had bad gone abroad primarily for a rest he had given a a good deal of time of-time time to the study of problems The printing of money avowedly for inflationary purposes always has led to disaster he said Probably the revaluation of the dollar its liE sta- sta stabilization stabilization sta sta- and the prudent readjustment readjustment readjust readjust- ment of ot price levels will afford the necessary expansion o of purchasing power without impairment further of ot con confidence c. c
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6qz3k2r/16299242