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Word: arendtz (lookup in dictionary) (lookup stats)
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Economist Herman Arendtz of Boston- "Immediate relief is necessary to prevent banks, railroads and insurance companies from collapsing. . . . The capital structure has got to be reduced. ... I favor a 'token dollar' by which silver would be remonetized within the bounds of the gold standard...

Author: /time Magazine | Title: Cover Story: Prelude to Power | 2/27/1933 | See Source »

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