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The Bank Credit System and Its Civilizational Threats
The speaker argues that bank notes and gold stand as near-par values until debtors pay, describing the era of banking prosperity and its collapse. He warns that the Bank of England and U.S. banks expand under a metalless system, threatening liberty, equality, and the republic, and calls for government credit reform and separation of government and private credit to restore stability.
MENTIONED IN THIS ARTICLE
Great Britain
Wence
Bank of England
Bank of the United States
Senate
Sie and Company
Congress
Massachusetts
Mr. Webster
Pennsylvania
Buchanan
France
North Carolina
Treasury
Kentucky
Commonwealth Bank of Kentucky
Russia
Alabama
Mr. King
Campbell
Dallas
Department
Net
Committee of Ways and Means
Cheves
Benking