Excerpt from Brief and Reply Brief Submitted on Behalf of the New York Stock Exchange to the Senate Committee on Banking and Currency March 5, 1914 and March 30, 1914, Respectively
What is the evil alleged as the reason for the bill? In the report of the Committee appointed pursuant to House Resolutions 429 and 504 to investigate the concentration of control of money and credit. Dated February 28, 1913, (which we shall hereafter take the liberty of calling, for brevity, the Pujo Report) this is what is said on that subject (p. 116)
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