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To: ahhaha who wrote (81667)	3/16/2001 3:33:51 PM
From: LLCF	Read Replies (2) \| Respond to of 436258

<They raised rates at the end of '31 in order to stop an imagined drain on gold reserves. They did this at the worst possible time. A year later they realized their error over the objections of Treasury Secretary Morgenthau, a favorite of Roosevelt.> Yes..... OK, so what about "false"? That's what I said. So 2 years of 'deep and quick' cuts, like I said. Didn't help the market much. DAK

To: ahhaha who wrote (81667)	3/16/2001 3:47:50 PM
From: GraceZ	Read Replies (3) \| Respond to of 436258

FEDERAL RESERVE BANK OF ST. LOUIS BASIC DISCOUNT RATE AND SURCHARGE DATE RATE SURCHARGE 19141116 6.00 0 19150107 5.50 0 19150203 4.50 0 19150914 4.00 0 19171107 4.50 0 19180408 4.75 0 19200124 6.00 0 19211103 5.00 0 19220406 4.50 0 19240619 4.00 0 19270804 3.50 0 19280221 4.00 0 19280423 4.50 0 19280719 5.00 0 19300211 4.50 0 19300412 4.00 0 19300807 3.50 0 19310108 3.00 0 19310509 2.50 0 19311022 3.50 0 19330608 3.00 0 19340208 2.50 0 19350103 2.00 0 19370902 1.50 0 19420314 1.00 0 19480112 1.25 0 19480819 1.50 0 19500822 1.75 0 19530116 2.00 0 19540205 1.75 0 19540423 1.50 0 19550415 1.75 0 19550808 2.00 0 19550830 2.25 0 19551122 2.50 0 19560413 2.75 0 19560828 3.00 0 19570821 3.50 0 19571115 3.00 0 19580124 2.75 0 19580314 2.25 0 19580418 1.75 0 19580912 2.00 0 19581024 2.50 0 19590313 3.00 0 19590529 3.50 0 19590911 4.00 0 19600610 3.50 0 19600819 3.00 0 19630717 3.50 0 19641124 4.00 0 19651210 4.50 0 19670414 4.00 0 19671127 4.50 0 19680315 5.00 0 19680423 5.50 0 19680830 5.25 0 19681220 5.50 0 19690404 6.00 0 19701111 5.75 0 19701211 5.50 0 19710108 5.25 0 19710129 5.00 0 19710213 4.75 0 19710716 5.00 0 19711111 4.75 0 19711213 4.50 0 19730115 5.00 0 19730226 5.50 0 19730427 5.75 0 19730511 6.00 0 19730611 6.50 0 19730702 7.00 0 19730814 7.50 0 19740426 8.00 0 19741213 7.75 0 19750110 7.25 0 19750207 6.75 0 19750314 6.25 0 19750516 6.00 0 19760123 5.50 0 19761126 5.25 0 19770830 5.75 0 19771026 6.00 0 19780113 6.50 0 19780511 7.00 0 19780703 7.25 0 19780821 7.75 0 19780922 8.00 0 19781016 8.50 0 19781102 9.50 0 19790720 10.00 0 19790817 10.50 0 19790919 11.00 0 19791008 12.00 0 19800216 13.00 0 19800317 13.00 3 19800507 13.00 0 19800529 12.00 0 19800613 11.00 0 19800728 10.00 0 19800926 11.00 0 19801117 12.00 2 19801205 13.00 3 19810505 14.00 4 19810922 14.00 3 19811013 14.00 2 19811102 13.00 2 19811117 13.00 0 19811204 12.00 0 19820721 11.50 0 19820802 11.00 0 19820816 10.50 0 19820827 10.00 0 19821012 9.50 0 19821122 9.00 0 19821214 8.50 0 19840409 9.00 0 19841121 8.50 0 19841224 8.00 0 19850521 7.50 0 19860307 7.00 0 19860422 6.50 0 19860711 6.00 0 19860822 5.50 0 19870909 6.00 0 19880809 6.50 0