The Coming Battle: A Complete History of the National Banking Money Power in the United States (Classic Reprint)by Martin Wetzel Walbert
In this volume the author endeavors to give an accurate history of the present National Bank System of currency, including an account of the first United States Bank, - both of which were borrowed from Great Britain by those statesmen who, like the father
Excerpt from The Coming Battle: A Complete History of the National Banking Money Power in the United States
In this volume the author endeavors to give an accurate history of the present National Bank System of currency, including an account of the first United States Bank, - both of which were borrowed from Great Britain by those statesmen who, like the father of Sir Robert Peel, believed that a national debt was the source of prosperity.
It is believed that the facts adduced in the following pages will be productive of some good, in pointing out the immense evils lurking in that system of banking, - a system which has produced panics at will, and which is the active abettor of the stock gamblers, rail road wreckers, and those industrial tyrants of modern times, the enormously overcapitalized and oppressive trusts.
It is sought to point out the great dangers of delegat ing purely government powers to these greedy monopo lists, by which they are enabled to organize a money trust, far more tyrannical than all the other combina tions now in existence; and by which they absolutely defy the authority that endowed them with corporate life.
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