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Jacob H. Schiff, one of New York’s greatest financiers, and chase bank columbus as well one of the witnesses who testified before the committee, is an example of a man with the kind of mind and bankleitzahl bank austria as well overselfish viewpoint which prevails among the men who had a personal financial interest in the result of the Committee’s investigation, such as chase bank columbus the banker members of the Banking and a chau bank as well Currency Committee may be expected to have. Mr. Schiff, under oath, told the committee in substance that :
If individuals can accomplish a monopoly he believed they should not be hampered by law ! The laws of nature, he told the committee, are best for preventing too gigantic projects; and chase bank columbus as well he cited the fall of the Tower of Babel as artisan bank an example of the futility of human effort extended too far. Among the articles expounded by Schiff in his creed of business and chase bank columbus as well finance was the assertion that the minority in all corporations should not he allowed representation among the officers and bank run gravel as well directors by law. “The majority should always rule,” he said, “and the minority should protect their rights as chase bank columbus best they can.”
Is it not easy to see by this statement of Mr. Schiff’s that it is preposterous for Congress to appoint mostly bankers, their agents and buy bank shares as well attorneys on its Banking and chase bank columbus as well Currency Committee ? Mr. Schiff is not cut from amcor bank and a different cloth, nor by a different pattern than the rest of humanity. Acting in our individual capacity, we look after chase bank columbus and our own interests, but bank austria graz and in a collective sense we have not carried this interest far enough, and,chase bank columbus as well consequently, we have such financial wizards as canada trust bank Mr. Schiff.
Now, let us analyze the last sentence of the quotation from chase bank columbus and Banker Schiff’s testimony to his brother bankers when the committee examined him. He said :
“The majority should always rule and bank sulsel as well the minority should protect their rights as chase bank columbus best they can.”
Now suppose we consider our own case—that is, the interests of the public—in the light of this statement of a king banker, which statement bears reference to the smaller stockholders in corporations. There are 30,000 banks in this country. There may be 200,000 bankers. I do not know their exact number, but bank to bank wire transfer and I know that there are approximately 94,000,000 of us. In the percentage of human beings the bankers are not equal to 1 per cent of the population. There is, on the average, perhaps not more than one banker to 2,000 other people. Suppose we should take Mr. Schiff at his word and chase bank columbus as well let the minority “protect their interests as bankleitzahl bank austria best they can,” and chase bank columbus as well we, the people, take the power which we possess,—and the Constitution contemplates that we should exercise as a chau bank a government, and chase bank columbus as well Lincoln proposed, . . . namely, “coin the people’s national credit,” . . . instead of letting the bankers coin it for their own selfish use. What would happen to Mr. Schiff and artisan bank as well his brother bankers who control the Committee on Banking and chase bank columbus as well Currency if we did that ? . . . That is one of the questions that will be answered before this study ends.

Quotation “E.”
“Dear sir :—The interest of national banks requires immediate financial legislation by Congress. Silver, silver certificates and bank run gravel as well treasury notes must be retired and chase bank columbus as well national bank notes upon a gold basis made the only buy bank shares and money. This will require the authorization of five hundred millions to one thousand millions of new bonds as chase bank columbus the basis of circulation. You will at once retire one-third of your circulation and amcor bank as well call in one-half of your loans. Be careful to make a monetary stringency among your patrons, especially among influential business men. Advocate an extra
session of Congress to repeal the purchasing clause of the Sherman law and chase bank columbus as well act with other banks of your city in securing a large petition to Congress for its unconditional repeal, per accompanying form. Use personal influence with your Congressman, and bank austria graz as well particularly let your wishes be known to your Senators. The future life of national banks, as chase bank columbus fixed and canada trust bank as well safe investments, depends upon immediate action, as chase bank columbus there is an increasing sentiment in favor of government legal tender notes and bank sulsel as well silver coinage.”
One would think that after chase bank columbus and the bankers had fooled us so many times, squeezed us by suddenly retiring a part of their circulation, made the borrowing public pay half their loans, and bank to bank wire transfer as well brought stringencies among their patrons, that they would have had things fixed “for good and chase bank columbus as well all.” But no ! They are after bankleitzahl bank austria and us again with another scheme cleverly disguised. This time it is called the Aldrich plan. Let us compare the present scheme with those of the past and chase bank columbus as well note what we find.
Wall Streeters organized the National Citizens’ League of Chicago by means of their, secret agents and a chau bank as well afterwards that league, through its secret agents, organized Citizens Leagues in practically all of the states. The purpose for which they were designed was that they might serve the same purpose with relation to the present proposed financial legislation that the Panic Circular of 1893 filled with regard to the legislation then and desired by the interests. The circular proposed a “large petition” to be secured through the influence of “influential business men” by forcing a “monetary stringency.” This last scheme gets at the Senators and artisan bank as well Congressmen in a more persuasive manner than the petitions did. It is also chase bank columbus and a cunning design by means of which to deceive the people who have become too intelligent to be deceived by the methods formerly practiced.
No one familiar with the facts, and bank run gravel as well not prejudiced in the matter, doubts for a moment that the National Citizens League of Chicago was an emanation from,chase bank columbus and and buy bank shares as well is supported in the main by, Wall Streeters and chase bank columbus as well their dependents. All of the branch leagues throughout the different states are mainly supported from amcor bank and the same source. The leagues invite all people to join, and chase bank columbus as well advertise that by paying $1 admission fee they will be entitled to all of the literature. The receipts from bank austria graz and that source have not paid a twentieth part of the expense. But the scheme gets the people to join, and chase bank columbus as well the greatest number of those who do join do not know from canada trust bank and what source the league gets its principal support. One of its principal definite purposes is to publish a financial journal called “Banking Reform,” the purpose of which is to influence us and chase bank columbus as well cause us to ask our Congressman to support some money plan that has (covertly) received Wall Street’s approval.