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Updated: May 8, 2025
The result of this work was the Aldrich-Vreeland Act of 1908 providing a temporary method for making the supply of currency more flexible and also arranging for a National Monetary Commission to investigate the currency and banking systems in this and other countries.
The first was discarded, although it had merits, and the two branches of Congress were unable to agree upon either of the others. The result was a compromise measure which became the Aldrich-Vreeland Act.
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