20xx名人英語(yǔ)演講稿thebankingcrisis-閱讀頁(yè)
2025-01-13 22:32本頁(yè)面
【正文】 imple fact that when you deposit money in a bank, the bank does not put the money into a safe deposit vault. it invests your money in many different forms of credit in bonds, in mercial paper, in mortgages and in many other kinds of loans. in other words, the bank puts your money to work to keep the wheels of industry and of agriculture turning around. a paratively small part of the money that you put into the bank is kept in currency an amount which in normal times is wholly sufficient to cover the cash needs of the average citizen. in other words, the total amount of all the currency in the country is only a paratively small proportion of the total deposits in all the banks of the country.
what, then, happened during the last few days of february and the first few days of march? because of undermined confidence on the part of the public, there was a general rush by a large portion of our population to turn bank deposits into currency or gold a rush so great that the soundest banks couldnamp。此資料由網(wǎng)絡(luò)收集而來(lái)，如有侵權(quán)請(qǐng)告知上傳者立即刪除。資料共分享，我們負(fù)責(zé)傳遞知識(shí)。39。rsquo。39。rsquo。rsquo。 and there would have been more and greater losses had we continued to drift. i can even promise you salvation for some, at least, of the sorely presses banks. we shall be engaged not merely in reopening sound banks but in the creation of more sound banks through reorganization.
it has been wonderful to me to catch the note of confidence from all over the country. i can never be sufficiently grateful to the people for the loyal support that they have given me in their acceptance of the judgment that has dictated our course, even though all our processes may not have seemed clear to them.
after all, there is an element in the readjustment of our financial system more important than currency, more important than gold, and that is the confidence of the people themselves. confidence and courage are the essentials of success in carrying out our plan. you people must have fa
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