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Banks and banking--Corrupt practices

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Personal banking power

Personal banking power

The writer of the article recalls Theodore Roosevelt’s speech when, as president, he spoke against “malefactors of great wealth.” Although Roosevelt was subsequently accused of causing the Panic of 1907 following this speech, the events since have proved that the concentration of power in the hands of a few large banks and financiers has damaged the economy.

Collection

Library of Congress Manuscript Division

Creation Date

1911-02-10