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Payment of soldiers bonus partly to blame for current...  family photo
Photo provided courtesy of the United States Library of Congress.

Payment of soldiers bonus partly to blame for current...

Payment of soldiers bonus partly to blame for current business recession. Washington, D.C., Jan. 4. Appearing before the Special Senate Committee on unemployment, Federal Reserve Board Chairman Eccles today declared that payment of the soldiers bonus in 1936 helped create price distortion that pushed recovery out of balance and led toward the current business recession, 1/4/38
1 negative : glass ; 4 x 5 in. or smaller
  • Title from unverified caption data received with the Harris & Ewing Collection.
  • Gift; Harris & Ewing, Inc. 1955.
  • General information about the Harris & Ewing Collection is available at http://hdl.loc.gov/loc.pnp/pp.hec
  • Temp. note: Batch five.
  • Harris & Ewing Collection
  • United States--District of Columbia--Washington (D.C.).
  • Glass negatives.
Harris & Ewing Collection (Library of Congress)
Harris & Ewing, photographer
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