History of the Money Wars


OUR MONEY WARS
The Example and Warning of American Finance

by Samuel Leavitt, 1894

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Publisher's note:

OUR MONEY WARS

The most complete and comprehensive history of American finance ever published. The book is the result of a lifetime of study and work, and will be indispensable to all who wish to keep posted on the money question. Mr. Leavitt is a man of wide experience, and his work shows not only remarkable ability but great insight and rare courage.

(...)

In 1887 he made sixty speeches for Henry George in the memorable [mayoral] campaign in New York when the great reformer polled seventy thousand votes. This book will be a textbook for reformers, and is invaluable to all who wish to acquaint themselves with the financial history of our country.

(...)

Excerpt from OUR MONEY WARS:

H. Bronson said in 1875: I do not understand why an inanimate dollar is not as fit a subject for conscription as a human soul. We laid our Governmental strong hands upon the father and sons, perhaps the main-stay of the household, and left their bones to bleach on the battlefield. Then we got on our knees to borrow from the bondholder ragged dollars for our gold bonds, upon his own terms; when he should have been sent to the front, money-bags and all. We issued Greenbacks - "dishonest money" to buy human life with and gold-bearing bonds to buy shoddy. We took the income tax from shoddy, and put a heavy tax upon the returned soldiers' shirts, boots, coffee and tobacco, to raise gold for the bondholder; and thus, whether the soldier fell in battle or returned to his humble home, he dies or lives for the bondholder!
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