Regional President Speech

FASHIONS IN WAR FINANCE by Karl R. Bopp, Research Director Federal Reserve Bank of Philadelphia before the Fashion Editors at theWarw Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis FASHIONS IN WAR FINANCE The history of fashions 1. the change from hiding reality to utilising reality to the best advantage. 2. We should utilize what we have learned in the general field of fashions in the field of finance The realities of war-time economics- the size and importance of the Job 1* Who d*tarmluaa it? (Chart I) A* AttmcI foro#*. R. Oongr^Bu Appropriate and Treasury rai*#« fuxkLa. C. Principal aouroao of find*. a. Tax raranua# b. Borrowing. 2* Her* auoh aon«y 1a ne*d#d? (Cimrt- II) Ixp«*iiturwa $107 billion h»o«ipt«..•. 38 billion Deficit. $ 69 billion 9A oeuta of arary dollar apact for war C*n tha fashion* of f ixumca ba tidjuat«d io th« raal oaadj of tba ai»sd foro^a? Ara ad *3 u at a funds availatila? (Chart III) Vb«r* ara th«M finds? Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis will t» th« tf Hi %wj kH# £**■ r^H i/T (Gbfcrt IT) Qor •! ualoc Tb# profMr fa-eb^i* of tur»n» —1 will b* dur».hl« *md will rwili in rtQrX# f*r a I404 Th# ie^gper fill t« *4** » W W *lo^t* u« £&*■ a M afwn^ >yc»» * * *• U> p^t u * lysiMfrfc* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Karl R. Bopp (1943, August 29). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_19430830_karl_r_bopp

@misc{wtfs_regional_speeche_19430830_karl_r_bopp,
  author = {Karl R. Bopp},
  title = {Regional President Speech},
  year = {1943},
  month = {Aug},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_19430830_karl_r_bopp},
  note = {Retrieved via When the Fed Speaks corpus}
}