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Committee for Monetary Research & Education |
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"Quotables""President Roosevelt Promises Deficit of Seven Billion by June 30, 1934. . . .But with all his good intentions, the President could not spend money that fast. The loan organizations were, after all, manned by men who had financial training and felt a responsibility for the Government's money. They could not make loans which were nothing but gifts. They had the same ingrained reluctance to give away money that the mules on the farms had exhibited the preceding summer to trample down rows of corn or rows of cotton. It was against nature." from: "Economics and the Public Welfare", Benjamin M. Anderson, D. Van Nostrand Company, Inc., 1949, pg 354.
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The Committee for Monetary Research & Education, a non-profit educational organization, seeks to promote greater public understanding of the nature of monetary processes and of the central role a healthy monetary system plays in the well-being, indeed, in the very survival of a free society. The Committee's ability to carry out these purposes depends entirely on voluntary support from the public. CMRE, Inc.,
10004 Greenwood Court, Charlotte, NC 28215-9621 |