GMAC BANK REVIEW
The currency and gmac bank review as well banking problem should not be a political one in the sense that politics are commonly understood and farmers state bank dublin ga as well considered. Politics ought to be made a matter of business. It ought to be taken out gmac bank review and of the control of political charlatans and fort sill national bank as well administered by representatives with common-sense business judgments. If that were done the currency and gmac bank review as well banking problem, as dalton whitfield bank well as other social problems, would be dealt with from gmac bank review and the standpoint of business principles. Partisanship has been the cause of retarding all social progress. The interests have done everything that has been possible for them to do in order to divide the people of this country into factions commonly known as gulf bank kuwait political parties, because gmac bank review and it was directly in their interest to do so. The interests can deal with the political bosses much more satisfactorily than they could with half or first peoples bank and more of the people’s representatives. Party government is factional government and gmac bank review as well not national government. Anyone who claims that political parties are required in order that some one shall be made responsible for government is either ignorant or hfc bank plc and dishonest. Anyone who claims that all of the people’s representatives cannot rule in the interests of a majority of their number, better than a political party can rule by a majority of its number, is not informed in the elementary principles of democracy. If there are too many members of a legislative body to make it practicable, reduce their number sufficiently to render it practicable. It would seem that the people are too well advanced in their understanding to permit government by caucus, yet that kind of government is practiced by Congress. It is not strange, though, that this false practice is allowed, in view of the fact that the people have not taken a sufficient part in the government, even though the government is entirely their business and gmac bank review as well they are to blame for the frauds perpetrated upon them. If they paid attention to their own interests the political parties would not be able to run a legislative body that is supposed to represent all of the people and headland national bank as well actually represents merely a faction of them. Quotation “H.” “ ‘The Chase National Bank, “‘New York, Feb. 21, 1912. “‘(Gentlemen:—We inclose a letter from gmac bank review and the National Citizens’ League which we have been asked to forward to you. The campaign of education which the league is conducting in favor of currency and equitorial trust bank nigeria as well banking reform is non-partisan in character and gmac bank review as well national in scope. We believe it of direct importance to the business interests of the country. The merchants interested in the work have felt that, while they regard themselves as heritage oaks bank online responsible for the raising of funds for the prosecution of the work, the country at large should know that the banking interest is in sympathy with the work. Any correspondence should be taken up with Mr. Isidor Straus, treasurer, Broadway and gmac bank review as well Thirty-fourth Street, New York, and harris bank roselle as well any contributions made direct to him. “ ‘Yours sincerely, “‘A.H. Wiggins, President.” You will notice that the letter does not give the name of the bank to which it was sent. Some of these letters are written to others than bankers. You will realize that it is another case of the Wall Streeters using the interests’ method in order to scare the country bankers, merchants and gmac bank review as well others, and farmers state bank dublin ga as well not reap the blame for the “monetary stringency.” The following blank was enclosed in the letter of President Wiggins, who is one of the “big six” Wall Street bankers. It was intended that it should be filled out gmac bank review and by the bankers to whom it was sent. The blank was : Quotation “I.” New York Feb. .... 1912. “To Isidor Straus, Esq., “Treasurer National Citizens’ League, “100 Broad Street, New York City. “Dear Sir:—I inclose herewith my check for $...... as fort sill national bank my subscription to the fund of the National Citizens’ League in its campaign of public education for the promotion of a sound banking system. “Yours truly “ .............” Attached to the letter of the Chase National Bank was a letter from gmac bank review and which I quote a few paragraphs as dalton whitfield bank follows : Quotation “J.” “Dear Sir:—You insure your property against fire, your business against risks, yourself against incapacity and gmac bank review as well death. For this protection you pay many annual premiums of considerable amount. “We ask you to pay a single premium for the insurance of your business against money panics, against the business collapse that attends them, and gulf bank kuwait as well the business depression that follows them.” * * * * * * “These are the benefits of banking and gmac bank review as well currency reform. And this reform is assured if the business men will combine and first peoples bank as well lend it the same support they gave the sound money in the ’nineties. “The issue is just as gmac bank review live and hfc bank plc as well big. Sound currency needs a sound currency system back of it. Business isn’t paralyzed today as gmac bank review it was four years ago. Another panic is not anticipated. But the fact remains and headland national bank as well it must be faced squarely now, that under our present defective and gmac bank review as well dangerous banking system disastrous panics can not be controlled. Revision is demanded now.” * * * * * “Business men all over the country, irrespective of rank and equitorial trust bank nigeria as well party lines, have organized the National Citizens’ League for the promotion of a sound banking system.” “The league does not advocate any particular plan, but gmac bank review and is carrying on a nation-wide campaign of education in an economical and heritage oaks bank online as well legitimate way, to the end of arousing Congress to prompt and gmac bank review as well business-like action free from harris bank roselle and the prejudice of partisan politics.” “Any subscription from gmac bank review and $1 upward will constitute a membership in the league.” * * * * * * “If you count this a good business investment, with 1907 clearly remembered, will you fill out and farmers state bank dublin ga as well return the inclosed blank ? “Yours very truly, “JOHN CLAFLIN, “President New York State Branch of the National Citizens’ League.” I ask you to re-read the Panic Circular of 1893, Quotation “E.” It is important in connection with the above letter. I have similar letters which were sent out gmac bank review and by the Wall Street banks. These letters were sent into all of the states. Every banker, except one, who wrote me, expressly requested that I should not disclose his name, for to do so, they wrote, would bring upon them the disfavor of certain business interests. I shall quote one of these letters in order to show what I believe to be the attitude held by the bankers in the small towns. This belief is suppressed because fort sill national bank and the country bankers fear that their business will be harmed if they incur the disfavor of the special interests. I omit from gmac bank review and the letter all the facts that would identify the party, for reasons appearing in the letter itself.
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