By Richard Franklin Pettigrew
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Additional resources for Triumphant plutocracy; the story of American public life from 1870 to 1920
Example text
The present Federal Reserve law adopted by the United States is but a culmination of all the infamous banking systems ever invented by any age or people, and it has already produced the practical enslavement of the people of the United States. 2006 10:10:21 Richard Franklin Pettigrew, Triumphant plutocracy, ch 3, 4 Banking and the issue of money and credit are the duties of the sovereign and should be performed by the Government for service and not for profit, and for the equal good of the whole population.
For carrying the mail, during the time I served in the Senate of the United States, the railroads received ten times as much per pound as the express companies paid for carrying express matter on the same train, and generally in the same car. In addition, when the railway mail-cars were established, the companies rented to the Government for $6,000 per year cars that cost less than $3,000, so that the annual rental was double the value of the car. To complete the work, the railroads and their attorneys in both houses of Congress franked great quantities of Government publications and shipped them through the mails, back and forth, all over the United States, during the thirty days of each year when the mail was being weighed for the purpose of determining the amount of compensation that the railroads were to receive.
Laurie Bell, Second Assistant Postmaster-General and his successors, employee of the railroads rather than of the Government, superintended the job. This abuse was so open and so flagrant that I offered an amendment to the Post Office Appropriation Bill, reducing the compensation for carrying the mails twenty per cent, and an investigation verified the facts that I have stated ; yet the committee would not report in favor of reducing the pay of the railroads one cent. Two-thirds of the Senate and House were lawyers—very many of them in the direct pay of the railroads on a salary, or a fee, and nothing whatever could be accomplished.
Triumphant plutocracy; the story of American public life from 1870 to 1920 by Richard Franklin Pettigrew
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