Carter Mortuary
PHONE 130-2
"The Last Service Is the
Greatest Tribute"
~‘i% vi*j» m uTOST Lt> &rr*\€ a.'
; a- agreement ioi t gene:*.; re: ct
: v. goId
1:. my opinion this does not meet
. me practical .asu*. IX we are to
; i.c; otiate -with tae sterling Mac we
i la have ar. opinion a; to
.t At of the dollar. far tr
I i. • , isb will have as opinion as to
.-• jt of Uti'J pair.;' the Cafc
• a..alii a.oou: their cio'.ar. the Aus
.«n* about their pound the
S...;. nr.a via** about the kron-es
it: so forth arid so on. The Coi*
tt.-...a professors are avoiding the
lion w-mvi: the President ha
pj-to ---the men they tell him that
' it. weight of the dollar need “not
iti/sisabe whet it w He hat
- so--.*now to make up his mini
1 w aeoessarii; ought to br
' a: i while it seems to me that hi
i p.-r e tJt advisers exaggerate their
1 at :y to estimate accurately the
value of the dollar it would
| stem as if the thirty-eight Ctl-tm
b.i professors greatly underesti
i mate the importance of makin •
■ some fc.-id of estimate.
“■•.a: the problem is not ne?b
; g.b> should be evident when »
r .. ilia', the last time the na
tv.ns returned to gold, the 3rr.it.-.
jovervalued the pound and th?
1 ? .• in undervalued the franc, air
it tne>e two errors turned o
nave very serious consequence
1j.\ look next at Mr. Jurn
j p Warburg's reply to Smat,.
