Now that Lincoln's War of Northern Aggression was over and central control of the United States was established, and States' rights put to rest for good, it was time for phase two of the expedient to be enacted: to saddle the country with, and under the control of, a banking oligarchy. The plan was clearly stated in 1841 and 1861: to establish a U.S.-wide, currency-issuing banking system that operates based on national indebtedness, using government bonds as stock to bank on, and to furnish the circulating medium of exchange of the country.
act to reduce of currency, April 12, 1866.
act to suspend further reduction of the currency, January, 1868.
act to strengthen the public credit, April 18, 1869.
Volume 5 of 5-volume story of central banking and national currency in the United States
Details
- Publication Date
- Dec 11, 2010
- Language
- English
- ISBN
- 9780557958283
- Category
- History
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Yamaguchy Incorporated
Specifications
- Pages
- 588
- Binding
- Case Wrap
- Interior Color
- Black & White
- Dimensions
- US Trade (6 x 9 in / 152 x 229 mm)