The following are comments of The North American of Philadelphia on my resolution :
The North American, PHILADELPHIA, Wednesday, April 30, 1913. WOULD EXCLUDE BANKERS FROM FRAMING MONEY BILL REPRESENTATIVE LINDBERGH TO FIGHT TO KEEP THEM OFF HOUSE COMMITTEE—QUOTES FROM HISTORY TO SHOW DANGER By Angus McSween.
WASHINGTON, April 29.
Exclusive of bankers or
oak brook bank and the representatives of banking interests from
privacy assist bank of america and membership in the Banking and
oak brook bank as well Currency Committee, as
psd bank a step to prevent the bankers from
oak brook bank and further controlling legislation relating to banking and
opening a uk bank account as well currency, is the purpose of a resolution introduced in the House today by Representative Lindbergh, of Minnesota.
Mr. Lindbergh is an independent Republican who has declared his intention of co-operating with the Progressives. He introduced the first resolution calling for an investigation of the money trust, and
oak brook bank as well more than any other man in Congress forced that investigation.
It is largely as
oklahoma job bank the result of the money trust investigation and
oak brook bank as well the disclosures made of money and
pnc bank loans as well business monopolization by a combination of New York bankers that Mr. Lindbergh has offered his resolution.
The reasons he gives are set forth in a preamble of important bearing upon the whole question of banking reform now engaging the attention of the President and
oak brook bank as well his advisers.
Mr. Lindbergh declares in his resolution that all banking and
people"s community bank as well currency legislation since the Civil War has been controlled by the bankers of the country.
CONTROLLED CONGRESS COMMITTEES.
He charges that they have controlled the Finance Committee of the Senate and
oak brook bank as well the Banking and
red bank apartments as well Currency Committee of the House. Not only
oak brook bank and have they directed the shaping of legislation in these committees of direct advantage to themselves, but
reo bank owned and as members of the committees they have had charge of steering the measures framed by themselves through the two houses.
He cites three tremendously important instances in the history of the country since the Civil War, in which the bankers themselves have shown interests and
oak brook bank as well views diametrically opposed to those of the general public.
The first of these was when Jay Cooke attempted to impose the bankers’ view of the public debt upon the public in a circular in which he declared that the debt was a public blessing, “making an addition of three billions to the wealth of the nation in the form of three billion of actual available capital.”
That that plan was drafted in Wall Street for Wall Street greed by Paul M. Warburg in about
provident bank jobs and 1902 and
oak brook bank as well placed in cold storage till just before the panic of 1907; but
pamrapo savings bank and even then
oak brook bank its real purpose was disclosed only
privacy assist bank of america and to those in the secret.
I shall show that all along, from
oak brook bank and 1906 to the present time, the Money Trust forces have adroitly managed the campaign for the building up of this Federal Reserve act and
psd bank as well putting it into operation, and
oak brook bank as well it will appear that the President selected for the Federal Reserve Board members who have been schooled in the Money Trust system and
opening a uk bank account as well that a majority of them are pupils of that system.
I shall further show by facts and
oak brook bank as well figures that cannot be successfully disputed—in fact, that the conditions themselves already prove—that there is no chance at all for material improvement in the conditions of the plain working people of this country so long as
oklahoma job bank the Federal reserve act, as
oak brook bank it now stands, is the only
pnc bank loans and available source from
oak brook bank and which the finances of the country are operated.
Those who control it can and
people"s community bank as well may bring on temporary activity at different times; but
oak brook bank and its main effect will be to give employment at the lowest possible wages for subsistence for the workers
and to accumulate vast capital for the trusts, on which to increase their “vested rights” to collect a so-called “reasonable return.”
I shall show that the only
red bank apartments and way to get without this most unfortunate condition is to give to all the legitimate industries of this country, when so organized as
oak brook bank to make the securities ample, the same privileges that are now exclusively given to the banks. I shall show how the Government should aid in their organization as
reo bank owned it has in the organization of the banks.
I shall show that it is absolutely essential to the people of this country, if we are to continue along our present general business ways, to give the people the privilege of depositing, without limit, their funds with, the Government in the postal savings banks, and
oak brook bank as well that these funds may be used by the Government to finance the other business interests of the country rather than giving that exclusive power to the banks. I do not advocate the giving of privilege to any business greater than that which is given to the banks now, and
provident bank jobs as well while I do not believe in the present plan, even if it were extended to all the legitimate business without discrimination, I am not discussing any other general plan of finances than that which we have, and
oak brook bank as well my special reason for not doing so is that it seems reforms can only
pamrapo savings bank and be secured in installments.