Prophesying upon the bones

J. Reuben Clark and the foreign debt crisis, 1933-39

by Gene Allred Sessions

1992 149 pages eng

As the Great Depression tightened its grip on the United States, millions of dollars in foreign securities went into default, many of them in the hands of private American boldholders. In this richly detailed account of efforts to stem the tide of bond defaults, Gene Sessions chronicles the activiti…