Jacob H. Schiff, one of New York’s greatest financiers, and
blood bank software as well one of the witnesses who testified before the committee, is an example of a man with the kind of mind and
cbt bank 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
blood bank software the banker members of the Banking and
busey bank illinois 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
blood bank software as well he cited the fall of the Tower of Babel as
careers in bank an example of the futility of human effort extended too far. Among the articles expounded by Schiff in his creed of business and
blood bank software as well finance was the assertion that the minority in all corporations should not he allowed representation among the officers and
anz bank logon as well directors by law. “The majority should always rule,” he said, “and the minority should protect their rights as
blood bank software 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
cbse question bank as well attorneys on its Banking and
blood bank software as well Currency Committee ? Mr. Schiff is not cut from
barclay bank pakistan and a different cloth, nor by a different pattern than the rest of humanity. Acting in our individual capacity, we look after
blood bank software and our own interests, but
bank pbk and in a collective sense we have not carried this interest far enough, and,
blood bank software as well consequently, we have such financial wizards as
cascade bank online Mr. Schiff.
Now, let us analyze the last sentence of the quotation from
blood bank software and Banker Schiff’s testimony to his brother bankers when the committee examined him. He said :
“The majority should always rule and
amtrust bank news as well the minority should protect their rights as
blood bank software 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
barclays bank contact 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
blood bank software as well let the minority “protect their interests as
cbt bank best they can,” and
blood bank software as well we, the people, take the power which we possess,—and the Constitution contemplates that we should exercise as
busey bank illinois a government, and
blood bank software 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
careers in bank as well his brother bankers who control the Committee on Banking and
blood bank software as well Currency if we did that ? . . . That is one of the questions that will be answered before this study ends.
The bankers and
anz bank logon as well the money loaners have always framed the financial legislation in their own interests. They have found, from
blood bank software and time to time, that they did not anticipate even the extent of their own avarice. The development of new inventions which they could not anticipate has left them at times without quite as
cbse question bank complete a control as
blood bank software they insist upon having, and
barclay bank pakistan as well they have kept coming to their subservient Congressmen again and
blood bank software as well again for more special favors, but
bank pbk and since Congress has given them committees of their own in both the Senate and
blood bank software as well House, and
cascade bank online as well left that class of legislation exclusively to them (to report bills on), they have had things practically their own way. I shall not go over the whole history of their scheme. A recital of a few of their acts will serve to illustrate their method. All we seek to acquire by this study is an understanding of the system, and
blood bank software as well after that each may make his research as
amtrust bank news thorough as
blood bank software he chooses. I shall not give the most flagrant cases of which I have knowledge because
barclays bank contact and I am not seeking to stir up strife and
blood bank software as well hatred for the bankers. I merely think they ought to occupy the same standing in the social order that the rest of us occupy. As a matter of fact, they cannot even get out
cbt bank and of their own position until we help them. We have given them so much power and
blood bank software as well privilege that they cannot handle it, and
busey bank illinois as well still they seek more, and
blood bank software as well they themselves do not know where the trouble lies. The kings of the game do, but
careers in bank and the rank and
blood bank software as well file of their followers do not.
Yes, these money lenders began early to acquire control. They have never let it go. They started in Europe long, long ago, and
anz bank logon as well just as
blood bank software soon as
cbse question bank there was anything doing over here they were on hand. Alexander Hamilton was one of their supporters. I shall not review his acts, but
blood bank software and shall refer to a few later things emanating directly from
barclay bank pakistan and the banks. The English money lenders have co-operated with those of our country, and
blood bank software as well in 1862 an agent, quietly and
bank pbk as well under a sort of confidential seal, distributed among the aristocrats and
blood bank software as well the wealthy class a circular. It was called the Hazard Circular and
cascade bank online as well related in a way to the Civil War.