In 1913, President Woodrow Wilson opened the nation’s door to an era of reform. To help him, he brought to Washington men imbued with a progressive spiritand in some, grudges as well!
Before work on reforms got underway, two high ranking officials of the Treasury Department attacked a local bank over its banking practices. The bank officers had close ties to Wall Street; the Treasury officials were no friends of Wall Street (with scars to prove it). Aggressive bank examinations, hostile interviews, and accusatory letters ensued, eventually resulting in the bank filing an injunction against the government.
But after an acrimonious court hearing, the injunction appeared to have failed. Indeed, a grand jury indicted the bank officers of perjury. In 1916, a three-week criminal trial of the bankers took place in which former Presidents Taft and Roosevelt appeared on behalf of the bankers. It was a cause celebre in the nation’s capital and much of the country.
When the verdict was reached it was clear “bad blood” had been spilled everywhereand this nasty, little war had been more than just about reform.
|Publisher:||Rowman & Littlefield Publishers, Inc.|
|Series:||Fairleigh Dickinson University Press Series in American History and Culture Series|
|Product dimensions:||6.25(w) x 9.37(h) x 0.98(d)|
About the Author
Paul Ryscavage is an independent scholar and a retired labor economist for the U.S. federal government.
Table of Contents
Introduction: Prelude to a War
Part I. Skirmishes
Chapter 1. A Slap in the Face
Chapter 2. The Lady Spy
Chapter 3. Settling In
Chapter 4. The “Money Bill”
Chapter 5. The Deal, the “Trib” Stories, and the Meeting
Chapter 6. Confirmation Hearing
Part II. The Combatants
Chapter 7. The Attacked
Chapter 8. The Attackers
Part III. Attack!
Chapter 9. Fury and Firepower
Chapter 10. Examining Riggs, Phase One
Chapter 11. An Embarrassing Moment
Chapter 12. Behind the Lines
Chapter 13. Examining Riggs, Phase Two
Chapter 14. The Stakes
Chapter 15. An Annual Report
Chapter 16. Examining Riggs, Phase Three
Chapter 17. The Injunction!
Chapter 18. Worries
Part IV. Hand-to-Hand Combat
Chapter 19. The “Bad Blood” Hearing
Chapter 20. Summertime Seething
Chapter 21. Indictments…Perjury?
Part V. The War’s Endgame
Chapter 22. Emerging Battle Plans
Chapter 23. The Long Wait
Chapter 24. Armageddon
Chapter 25. The Aftermath
About the Author