William G. McAdoo to AH Wiggin
Title
William G. McAdoo to AH Wiggin
Creator
McAdoo, W. G. (William Gibbs), 1863-1941
Identifier
WWP18486
Date
1914 November 7
Description
William G. McAdoo send AH Wiggin a telegram stating that the cotton loan fund does not violate federal antitrust laws.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
TREASURY DEPARTMENT TELEGRAM.
_____________
A. H. Wiggin,Chase National Bank,
New York City.
Attorney General has given opinion that proposed cotton loan fund does not violate any of the antitrust laws of the United States. Have advised Boston and Philadelphia of this fact. Opinion will be published. Earnestly hope that this matter can now be quickly closed up and shall be glad if you will press it in every direction that you can. Chicago has subscribed eleven million of twenty allotted. Can you not induce them to take other nine?
_____________
A. H. Wiggin,Chase National Bank,
New York City.
Attorney General has given opinion that proposed cotton loan fund does not violate any of the antitrust laws of the United States. Have advised Boston and Philadelphia of this fact. Opinion will be published. Earnestly hope that this matter can now be quickly closed up and shall be glad if you will press it in every direction that you can. Chicago has subscribed eleven million of twenty allotted. Can you not induce them to take other nine?
Original Format
Letter
To
AH Wiggin
Files
Collection
Citation
McAdoo, W. G. (William Gibbs), 1863-1941, “William G. McAdoo to AH Wiggin,” 1914 November 7, WWP18486, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.