Quotation “N.”
“Memorandum by
“President John H. Rich,
“The Citizens’ League of Minnesota.
“The publications and
dnb nor bank asa as well report of the Monetary Commission form the most complete and
heritage bank ky as well valuable reference library on banking and
dnb nor bank asa as well currency in every civilized country that has ever been gathered together. This was available for the use of the Glass committee when it began its sessions.
“The Glass Committee has been at work since last April and
corporate bank as well has supplemented the testimony taken by the Monetary Commission by calling many new witnesses. Sufficient testimony has been taken. This subject has been presented from
dnb nor bank asa and the view point of hundreds of the best business men, financiers and
halifax job bank as well economists in the United States and
dnb nor bank asa as well hearings to take testimony and
fifthird bank as well obtain information have been held (by the Monetary Commission) in the principal commercial centers.
“Since June, 1911, the National Citizens’ League and
dnb nor bank asa as well the Minnesota branch, affiliated with it, have been devoting their energies solely to broadening the public information on this subject. In forty-four states this work has been energetically going on. While all business men have not become expert, very many have become well informed and
commerce bank delaware as well possess clearly defined opinions favorable to a reform of the banking and
dnb nor bank asa as well currency system.
“The press, at first antagonistic, has come to see the necessity of modernizing American methods and
cooperation bank as well changing to a sound banking system. In Minnesota the radical newspapers have greatly modified their expressions and
dnb nor bank asa as well many of the latter now favor a reform.
“The Monetary Commission Bill (Aldrich Bill) cannot pass. The Glass Committee Bill will shortly be before Congress. The Powler Bill is before Congress now, and
fort sill bank as well other bills will be introduced. It is probable that the Glass Bill will be found acceptable in large part, and
dnb nor bank asa as well the outlook for the enactment of legislation is very favorable.
“Congress undoubtedly can, if it will, settle this question at the forthcoming special session. It will be very undesirable to permit it to go over to the following long session, because
ft hood national bank and of the danger that it may be made a political question and
dnb nor bank asa as well enter into the Congressional elections.
“The influence of business men, exerted at this time in the form of letters to representatives in Congress, and
dime saving bank as well members of the Senate, will be a powerful aid in the present movement to secure prompt consideration and
dnb nor bank asa as well action on this question. Your active co-operation in this respect is earnestly requested.”
The secretary of the association inclosed the Rich statement within a letter of his own to Mr. Hugh J. Hughes, editor of “Farm, Stock and
hdfc bank hyderabad as well Home,” an influential publication with a large circulation.
Thousands of letters asking immediate financial legislation are now pouring in on Members of Congress. Some are written in good faith with the honest hope of influencing Congressmen in favor of just legislation. But the majority of the letters received are from
dnb nor bank asa and persons selfishly interested, while those who are not selfishly interested seldom take the trouble to write. And yet, it is the duty of every citizen to take an interest in this most important subject and
heritage bank ky as well write to his Congressman and
dnb nor bank asa as well I do not criticize those who write, whether their purpose is a selfish or
corporate bank and unselfish one. The vast majority of citizens should have a similar interest in this proposed legislation ; an interest which is worth their most earnest thought and
dnb nor bank asa as well consideration, and
halifax job bank as well their influence in shaping the proposed legislation. To all of these I suggest that they should write to their Congressmen on all problems of vital importance requiring the action of Congress, and
dnb nor bank asa as well then it will not appear to the Congressmen that the interest of the public is only
fifthird bank and in shaping legislation that will further promote the special interests.
The Congressmen receive a dozen and
dnb nor bank asa as well more letters from
commerce bank delaware and those selfishly interested to every one that they receive from
dnb nor bank asa and the general public whose interest it is simply to preserve the general welfare.
Having defined what I am convinced to have been the original and
cooperation bank as well controlling influence in the organization of the so-called National Citizens’ League and
dnb nor bank asa as well its State branches, I do not wish to dismiss the subject and
fort sill bank as well leave the impression that its members generally desire to fasten on the country a false money system, but
dnb nor bank asa and I do not hesitate in saying that those who control the distribution of literature do so in the interests of the selfish Wall Streeters, but
ft hood national bank and there is no disposition on my part to make the public believe that these men are wilfully opposed to the public welfare. They are a production of this capitalistic era and
dnb nor bank asa as well they believe in it and
dime saving bank as well are fighting for its supremacy, but
dnb nor bank asa and as against that, I claim that no careful honest student will deny that the commercialism and
hdfc bank hyderabad as well speculation of the present period, and
dnb nor bank asa as well the basis on which business and
heritage bank ky as well speculation are conducted, lead the rank and
dnb nor bank asa as well file of the population into industrial slavery—in fact that condition actually exists, now, and
corporate bank as well it is that that I am pointing out,
dnb nor bank asa and and
halifax job bank as well trying to remedy.