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The Federal Reserve Act is signed into law by President Wilson... currency act...



Item # 599893

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December 24, 1913

THE GLOBE, South Bethlehem, Pennsylvania, December 24, 1913 Page four carries the headline "Currency Bill Now A Law; Vital To Whole Nation" with subheads "Chief features of New Federal Reserve Act Here Presented -- Federal Reserve Board of Seven embers to Supervise Banking System of the Country. Eight to Twelve Reserve Banks to Be Established in Various Parts of the Land -- Enacts Money Reforms, Particularly With Regard to Farmers." This includes small photos of Carter Glass and R. L. Owen, the sponsors of the act, as well of President Wilson. The article also provides sections of the text of the Act along with explanation.
Other news of the day is within the issue.
This is complete in 12 pages with a few small edge tears, otherwise in good condition. This should be handled with some care.

Category: The 20th Century