Mounting desperation was vented in a march on Washington by many of the unemployed to demand an issuance of $500 million in irredeemable paper money to jog up the economy.
The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by parliament, to an irredeemable annuity, for a long term of years, of only equal amount.