Download e-book for kindle: The Riggs War, 1913 to 1916: Reform and Revenge (The by Paul Ryscavage

By Paul Ryscavage

ISBN-10: 1683930762

ISBN-13: 9781683930761

In 1913, President Woodrow Wilson opened the nation’s door to an period of reform. to assist him, he dropped at Washington males imbued with a innovative spirit—and in a few, grudges besides!

Before paintings on reforms bought underway, excessive score officers of the Treasury division attacked an area financial institution over its banking practices. The financial institution officials had shut ties to Wall highway; the Treasury officers have been no acquaintances of Wall highway (with scars to turn out it). competitive financial institution examinations, adverse interviews, and accusatory letters ensued, finally leading to the financial institution submitting an injunction opposed to the government.

But after an acrimonious courtroom listening to, the injunction looked as if it would have failed. certainly, a grand jury indicted the financial institution officials of perjury. In 1916, a three-week felony trial of the bankers happened within which former Presidents Taft and Roosevelt seemed on behalf of the bankers. It was once a cause celebre within the nation’s capital and masses of the rustic.

When the decision was once reached it used to be transparent “bad blood” have been spilled everywhere—and this nasty, little warfare have been greater than almost about reform.

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The Riggs War, 1913 to 1916: Reform and Revenge (The Fairleigh Dickinson University Press Series in American History and Culture) by Paul Ryscavage

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