A treasure from the past...a book out of print for over 100 years and you can read it here. http://www.peopleseconomics.com/?p=407
The lost book about America’s banking system First published in 1899, back in print in 1997 for the first time in 100 years! Using congressional records and news stories from the period, we get a front-row view of how (and why) our money is manipulated, why we have economic recessions, and why silver was abandoned as a backing for money.
A true history of our national debt.” Reprint of the 1899 edition. A complete history of the National Banking Money Power in the United States from 1776 to 1899. Read how recessions, depressions and panics are created at will; how money took control of the influential colleges and universities; foreclosure of farms; labor riots; usurping of sovereign rights and more.
In this volume the author endeavors to give an accurate history of the present National Bank System of currency, including an account of the first United States Bank,- both of which were borrowed from Great Britain by those statesmen who, like the father of Sir Robert Peel, believed that a national debt was the source of prosperity. It is believed that the facts adduced in the following pages will be productive of some good, in pointing out the immense evils lurking in that system of banking, a system which has produced panics at will, and which is the active abettor of the stock gamblers, railroad wreckers, and those industrial tyrants of modern times, the enormously overcapitalized and oppressive trusts.
The lost book about America’s banking system First published in 1899, back in print in 1997 for the first time in 100 years! Using congressional records and news stories from the period, we get a front-row view of how (and why) our money is manipulated, why we have economic recessions, and why silver was abandoned as a backing for money.
A true history of our national debt.” Reprint of the 1899 edition. A complete history of the National Banking Money Power in the United States from 1776 to 1899. Read how recessions, depressions and panics are created at will; how money took control of the influential colleges and universities; foreclosure of farms; labor riots; usurping of sovereign rights and more.
In this volume the author endeavors to give an accurate history of the present National Bank System of currency, including an account of the first United States Bank,- both of which were borrowed from Great Britain by those statesmen who, like the father of Sir Robert Peel, believed that a national debt was the source of prosperity. It is believed that the facts adduced in the following pages will be productive of some good, in pointing out the immense evils lurking in that system of banking, a system which has produced panics at will, and which is the active abettor of the stock gamblers, railroad wreckers, and those industrial tyrants of modern times, the enormously overcapitalized and oppressive trusts.