The Coming Battle

Chapter VI  - The National Banks Wage War Upon the Credit of the United States

Chapter I
Origin of the Money 
Power in America

Chapter II
Origin of the Present National Banking System

Chapter III
National Banks and Silver

Chapter IV
Conspiracy of New York and London Bankers
and Bond Holders to Demonetize Silver

Chapter V
Efforts to Demonetize Silver and Preserve the Greenback

Chapter VI
The National Banks Wage War Upon the Credit of the United States

Chapter VII
National Banks Secure a Continuation
of Their Existence

Chapter VIII
The National Banking Money Power Secures
Complete Control of the Treasury

Chapter IX
Money Power of England and United States Combined to Annihilate Silver

Chapter X
National Banking Money Power Brings on the Panic of 1893

Chapter XI
Special Session of Congress Repeals
The Sherman Law

Chapter XII
Senate Votes for Repeal

Chapter XIII
Efforts of Administration to Force Carlisle Bill Through Congress

Chapter XIV
National Banks and the Administration
Combine to Issue Bonds in Time of Peace

Chapter XV
Campaign of 1896

"The wisdom of the whole nation can see farther than the sages of Westminster Hall (the government). The collective knowledge and penetration of the people at large are more to be depended on than the boasted discernment of all the bar. The reason is clear: Their eyes are not dazzled by the prospects of an opposite interest. The Crown has no lore sufficiently tempting to make them forget themselves and the general good" - Edmund Burke

page 149

"It is a dangerous thing for the tail to attempt to wag the dog, ... The truth is, that in matters of national interest there is no set of people as stupid as the Wall street financiers. ..." - New York Sun

page 162

"The act of January, 1875, clothed the national banks with the power of unlimited and unrestricted contraction and expansion of the currency. It gave them absolute control over the volume of money, and consequently over the market value of labor and all kinds of property. It gave them power to inflate the currency when they could make money through the inflation of prices, and when their interests could be better served by panic, depressed prices and general business stagnation and bankruptcy, they had power to accomplish their end through the contraction of their circulating notes.

"The provisions of the new funding bill materially interfere with their nicely-planned scheme, and deprive the of nearly all their power over sudden contractions and inflation. It puts a limit to their privileges, and bounds to their unwarranted powers.

"Without waiting even for the concurrence of the House in the slight Senate amendments, a large and powerful bank lobby from Wall street and the clearing house association at once bore down upon the White House armed with magazines, Gattling guns and infernal machines of dire calamities, which they threatened would surely explode in the very heart of the nation's business and industries from spontaneous ignition, in case he did not interpose his prerogative to save. They were armed with authority from the national banks represented by the American Bankers Association to inform his Excellency that in case he withheld his veto they would immediately retire their circulation, in which case a money stringency would follow which would be terribly disastrous to every business interest producing the ruinous financial crash which ever befell the country" - Chicago Express,  March 1, 1881

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