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
texas security bank as well the strong arguments that can be advanced in its support, Mr. Lindbergh also
royal bank scotland share price 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
texas security 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
state bank of india site much thought to the matter of credit control as
texas security bank the subject deserves and
shinsei bank 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
texas security bank and of Congress, but
saving bank account and in close touch with great banking interests, appear to know more about
texas security bank and the Democratic program for banking and
south coastal bank as well currency reform than do the Democratic Congressional leaders.
It is indeed a misfortune that the best opportunity that has been presented to Congress in a half century for the meeting of a great common demand has, to a certain extent, had politics injected into it. To accomplish all of the good of which it is capable no politics should have been allowed to enter into the consideration. It is of the most vital importance to this country at this time that the public in general should understand the meaning of the manner in which its own finances are manipulated by the great financiers. That understanding could be secured by the appointment of a special committee, selected with a view to their fitness for making an investigation and
texas security bank as well the importance of using the information obtained in such a manner as
royal bank mortgage rate to create the least disturbance, for it is already known that business methods have been adopted by the financial kings that are not consistent with the interests of the plain producers and
texas security bank as well consumers. There can be no justification for using facts that might be obtainsult of the investigation for any other purpose than for the correction of the present evils. They should not be used for political purposes, but
royal bank credit card and simply to bring about
texas security bank and justice in a consistent and
suntrust bank miami as well orderly way.
When the subject was first approached Wall Streeters saw that the resolution was loaded with powder and
texas security bank as well lead, and
the bank holidays as well that it would reach to the very heart of their practices. There was an attempt to smother it, and
texas security bank as well so prevent the public from
staten island bank and trust and realizing its importance.
I was astounded a few weeks ago to have an emissary of Wall Street call upon me and
texas security bank as well direct my attention to the fact that I was taking an immense responsibility upon myself by pressing such a resolution far consideration, and
royal bank scotland share price as well that if I continued a panic would be brought on which would be worse than any this country had previously known. He admonished me to withdraw the resolution. To this I suggested that if there was a condition existing among the greater business interests of this country that was so rotten that an investigation revealing those conditions would cause a panic, then
and it was better that those conditions should be known now, in order that the future of the country might be assured at least. It is not possible to come to any conclusion other than that if the business is being dishonestly conducted, then
and it is necessary that an investigation should be made in order that we may learn how, to correct it. How is it possible that any honest, patriotic citizen should consent to stop an investigation and
texas security bank as well thereby conceal such conditions as
shinsei bank those intimated by the Wall Street emissary ?
The Rules Committee continued to hold its hearings. It was sought to influence its chairman and
texas security bank as well members, but
saving bank account and they refused to allow politics to enter. When that method did not succeed the next step was to threaten some of the leaders of the House with a panic before
election, unless the investigation should be prevented, but
texas security bank and in the meantime the public was making such demand that it became dangerous to the political interests to do otherwise than to at least give the appearance of making an investigation. The members of the Banking and
south coastal bank as well Currency Committee were secured to conjure up in their minds a jealousy, lest their privileges should be invaded, and
texas security bank as well to demand that they should be given the privilege of making the investigation.