U.S. Money vs. Corporation Currency – Part 1/3 | Audio Book

By Alfred Owen Crozier (1912)

00:00:00 – 00 – Preface
00:03:00 – 01 – Chapter 1 – Central Money Trust
00:31:26 – 02 – Chapter 2 part i – The Aldrich Plan
01:16:56 – 03 – Chapter 2 part ii – The Aldrich Plan continued.
02:02:21 – 04 – Chapter 2 part iii – The Aldrich Plan continued.
02:40:35 – 05 – Chapter 3 – Fooling the People
03:02:37 – 06 – Chapter 4 – A Discovery
03:51:09 – 07 – Chapter 5 – Inflation and Contraction
04:32:18 – 08 – Chapter 6 – Frenzied Financing
04:47:45 – 09 – Chapter 7 – Confessions of Wall Street
05:35:12 – 10 – Chapter 8 – Wall Street’s First ”Plan”
06:19:40 – 11 – Chapter 9 – A Confidence Game
06:59:16 – 12 – Chapter 10 – A Central Bank to be Bought?

In 1908, the National Monetary Commission was established by Congress to study financial boom-and-bust cycles. Senator Nelson Aldrich (Republican-RI) was chair of the commission. He, in secret enclave with a group of bankers, drafted what was called The Aldrich Plan, which provided for a central ‘bank’ that would hold funds individual banks could borrow in the case of a bank run, print currency, and act as the fiscal agent of the US government. However, the plan gave little power to the government and seemed to give almost absolute control of the country’s currency to Wall Street financiers. This 1912 book outlines the dangers and supposed duplicity of The Aldrich Plan while it was being debated in Congress. (The plan was eventually defeated, but was used as a basis for the Federal Reserve Act, which was signed into law in 1913.)

Read Online (PDF): https://americanpatriotsocial.com/documents/US-Money-Vs-Corporation-Currency.pdf

Buy Book (Amazon): https://amzn.to/4esnBUA

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2023 American Patriot Social Video Platform