Tham khảo tài liệu 'the legalized crime of banking and a constitutional remedy phần 5', ngoại ngữ, anh văn thương mại phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Silas Walter Adams The Legalized Crime of Banking out of the way places killing stock and ploughing under cotton while millions were naked and hungry sleeping on thin knotted mattresses that was spending money too slow. They would never push Uncle Sam 100 billion in debt with cheap New Deal spenders. They rounded up the Frasers the Kaisers the Fords the Durants the Du Ponts the Hughes the Garrsons the Mays the big contractors the bigger the better the crookeder they were the more contracts they got. The bankers said to them through the soft-voiced High Priest of Banking Barney Baruch To hell with the cost. We are in clover again. We are in war. Jobs will multiply. Money will triple. Sirs the sky will be the limit. We will build unneeded plants remote from raw materials. The most costly way will be most pleasing to us. We will spend 15 million on a magnesium plant in the village of Austin Texas which will never turn a wheel a 60 million iron furnace in the potato fields of East Texas and its furnace shall never glow. We will hire all the crackpots we can find to think up crazy schemes to waste money. Go go out to spend pad your expense accounts never forgetting the cost-plus formula and the poltroon Congressmen hung on the elder statesman Barney Baruch s words doing his bidding as he ordered them again and again as the War lingered to raise the debt bond limit. And the limit was pushed to 300 000 000 000 Look you spineless Americans who bear the burden without trying to do something about it look at the following figures taken from the Report of the Treasurer of the United States issued Oct. 1 1946 giving the highest war debt on Feb. 28 1946. TOTAL 279 764 369 More than physical value in 1932 dollar of continental United States. Through private loans banks had run private debt over 500 billion and the public debt school municipal county district state and national all owed to banks amounted to more than 500 billion. So on February 28 1946 the 141 million .
