Business & Finance: Ithaca Sweatshop

Among the enumerated powers of the Federal Government is control of the nation's currency. This power was lodged by the Constitution in the hands of Congress. In late years it has tended to gravitate toward the Senate and its potent Banking & Currency Committee. Thus theoretically Chairman Duncan Upshaw Fletcher of the Senate Banking & Currency Committee has more power over the country's monetary policies than any other man in the U. S. Actually the aging gentleman from Florida has very little to say about it. He makes a conscientious effort to follow...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!