America's Money Machine: The Story Of The Federal Reserve

America's Money Machine: The Story Of The Federal Reserve
by Elgin Groseclose / / / PDF


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ON SEPTEMBER 30 , 19 1 3, at a moment when American attention was focused· on the revolutionary monetary reform then under debate in Congress, the New York Times astounded and diverted its public by a bitter attack on a former president of the United States. The former president was Theodore Roosevelt who had, the year before, broken away from the Republican Party to run as the Progressive Party (Bull Moose) candidate for president. He had been defeated by Woodrow Wilson, but he had been a powerful candidate who had attracted the greater part ofRepublican Party votes, and his views on public questions still commanded a large following among the electorate.

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