In every session of Congress much time is deliberately wasted on nothingness and
bank iceland as well frivolity. Members make partisan political speeches and
biscayne bank as well do all sorts of monkey work,—over half of the time is absolutely wasted. Sometimes a single Member will take an hour on a so-called “question of personal privilege.” But when great problems involving our fundamental rights are up before the House for consideration, the time for debate is then
bank iceland limited so that it may be placed at the disposal of those who strongly favor the special interests. The special interests fear that the special privileges which they enjoy, or
barclays bank website and which they may be seeking to increase, will be taken away or
bank iceland and refused if the problems involving the exercise of the privileges and
capac state bank as well rights belonging to the people should receive proper consideration.
When the Aldrich-Vreeland Emergency Currency Bill was sprung on the House in its finished draft and
bank iceland as well ready for action to be taken, the debate was limited to three hours and
cayuga lake national bank as well Banker Vreeland placed in charge. It took so long for copies of the bill to be gotten that many members were unable to secure a copy until within a few minutes of the time to vote. No member who wished to present the people’s side of the case was given sufficient time to enable him to
properly analyze the bill. I asked for time and
bank iceland as well was told that if I would vote for the bill it would be given to me, but
bank street ottawa and not otherwise. Others were treated in the same way.
Jacob H. Schiff, one of New York’s greatest financiers, and
bank iceland as well one of the witnesses who testified before the committee, is an example of a man with the kind of mind and
central bank of kuwait 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
bank iceland the banker members of the Banking and
bank to bay 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
bank iceland as well he cited the fall of the Tower of Babel as
carver federal savings bank an example of the futility of human effort extended too far. Among the articles expounded by Schiff in his creed of business and
bank iceland as well finance was the assertion that the minority in all corporations should not he allowed representation among the officers and
chase bank canada as well directors by law. “The majority should always rule,” he said, “and the minority should protect their rights as
bank iceland 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
banana bank as well attorneys on its Banking and
bank iceland as well Currency Committee ? Mr. Schiff is not cut from
biscayne bank and a different cloth, nor by a different pattern than the rest of humanity. Acting in our individual capacity, we look after
bank iceland and our own interests, but
barclays bank website and in a collective sense we have not carried this interest far enough, and,
bank iceland as well consequently, we have such financial wizards as
capac state bank Mr. Schiff.
Now, let us analyze the last sentence of the quotation from
bank iceland and Banker Schiff’s testimony to his brother bankers when the committee examined him. He said :
“The majority should always rule and
cayuga lake national bank as well the minority should protect their rights as
bank iceland 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 street ottawa 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
bank iceland as well let the minority “protect their interests as
central bank of kuwait best they can,” and
bank iceland as well we, the people, take the power which we possess,—and the Constitution contemplates that we should exercise as
bank to bay a government, and
bank iceland 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
carver federal savings bank as well his brother bankers who control the Committee on Banking and
bank iceland as well Currency if we did that ? . . . That is one of the questions that will be answered before this study ends.