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THE ABC OF THE FEDERAL

RESERVE SYSTEM

THE ABC OF Inc FEDERAL

RESERVE SYSTEM

BY

EDWIN WALTER KEMMERER, PH.D.

PROFESSOR OF ECONOMICS AND FINANCE

IN PRINCETON UNIVERSITY

With a Preface by
BENJAMIN STRONG, LL.D.

GOVERNOR OF THE FEDERAL RESERVE BANK OF NEW YORK

FOURTH EDITION

PRINCETON UNIVERSITY PRESS

PRINCETON, N. J.
LONDON: HUMPHREY MILFORD
OXFORD UNIVERSITY PRESS

1920

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