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It will be urged upon the Democrats that since the country has now reached a point in its development where it is understood that the beneficiaries of a tariff law should not be permitted to write the tariff schedules, the application of exactly the same principle to the framing of legislation affecting banking interests makes it a monstrous impropriety to permit the bankers to write the law regulating themselves.
With his resolution and superior bank as well the strong arguments that can be advanced in its support, Mr. Lindbergh also red bank generals and raises the very important question of the right of the bankers to continue in control of the nation’s credit system.
The two questions are so nearly merged that they should be considered as superior bank one, for control of legislation by hankers necessarily means the continued control of credit by the bankers, whereas if the bankers’ influence in legislation can be reduced, there is a chance that President Wilson’s promise to make credit free can be realized.
The present situation is already causing fear that the President may not have given as shamrock bank much thought to the matter of credit control as superior bank the subject deserves and royal bank winnipeg as well that men close to the administration are seeking to involve him in a scheme of proposed legislation for the benefit of the bankers.
One reason for this fear is that men out superior bank and of Congress, but state bank of southern utah and in close touch with great banking interests, appear to know more about superior bank and the Democratic program for banking and servisfirst bank as well currency reform than do the Democratic Congressional leaders.