U.S. Money vs. Corporation Currency, Aldrich Plan.; Wall Street Confessions! Great Bank Combine Paperback - 1201

From the publisher

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1912. Not illustrated. Excerpt: ... With the present prospects of this long-awaited reform encouraging us it would be singularly unfortunate if this monetary question should by any chance become a party issue. And I sincerely hope it will not. The exceeding amount of consideration it has received from the people of the nation has been wholly non-partisan, and the Congress set its non-partisan seal upon it when the Monetary Commission was appointed. In commending the question to the favorable consideration of Congress I speak for and in the spirit of the great number of my fellow citizens who without any thought of party or partisanship feel with remarkable earnestness that this reform is necessary to the interests of all the people." To avoid any possibility of doing the President injustice the following letter was sent: "milwaukee, W1s., Dec. 22, 1911. Honorable William H. Taft, President of the United States, Washington, D. C. Dear Sir: Referring to your financial message to Congress of yesterday, kindly advise whether it was your intention thereby to approve specifically or in a general way the Aldrich plan for a National Reserve Association owned by the banks? Please also advise as to whether you will insist on a clear majority of the directors of such an institution being appointed by the Federal Government so that the Government will have supreme and absolute control of this private corporation? My permanent post-office address is care of The Romaine, Middleton Avenue, Clifton, Cincinnati, Ohio. Thanking you, I remain, Very respectfully yours, Alfred O. Croz1er." The reply to the above can not be published because it was marked "personal." The language of the President's message, however, leaves no hope that he will oppose the Aldrich plan or insist on Government ownership or any public cont...