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Hirschfeld, Gerhard
June 1932
America;6/11/1932, Vol. 47 Issue 10, p234
The article discusses the unity of public officials such as U.S. President Herbert Hoover, Senators Frank Wagner, and John T. Robinson who are in favor of public works by providing bond ranging from $500,000,000 to as much as $5,000,000,000. Public works would give at best 500,000 people work for a year out of 10,000,000 unemployed which is five percent from buying power. However, the situation forces the Government to place a substantial bond issue on the market in banks and corporations.


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