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#1 The New Jersey railway station was bitterly cold that night in 1910. The name of Nelson Aldrich, senator from Rhode Island, was well known even in New Jersey. He was considered to be the political spokesman for big business.
#2 The roster of the Aldrich car that night was Nelson W. Aldrich, Republican whip in the Senate and chairman of the National Monetary Commission, business associate of J. P. Morgan, father-in-law to John D. Rockefeller, Jr.
#3 By 1913, the year that the Federal Reserve Act was passed, a subcommittee of the House Committee on Currency and Banking completed its investigation into the concentration of financial power in the United States. The report was devastating: the men who through their control over the funds of our railroad and industrial companies were able to direct where those funds were kept, were the ones who were in a position to tap those reservoirs for their ventures.
#4 The seven men who gathered in secret that night and traveled in the luxury of Senator Aldrich's private car were largely responsible for the development of the practical and effective domination and control over our major financial, railroad, and industrial corporations.
#1 The New Jersey railway station was bitterly cold that night in 1910. The name of Nelson Aldrich, senator from Rhode Island, was well known even in New Jersey. He was considered to be the political spokesman for big business.
#2 The roster of the Aldrich car that night was Nelson W. Aldrich, Republican whip in the Senate and chairman of the National Monetary Commission, business associate of J. P. Morgan, father-in-law to John D. Rockefeller, Jr.
#3 By 1913, the year that the Federal Reserve Act was passed, a subcommittee of the House Committee on Currency and Banking completed its investigation into the concentration of financial power in the United States. The report was devastating: the men who through their control over the funds of our railroad and industrial companies were able to direct where those funds were kept, were the ones who were in a position to tap those reservoirs for their ventures.
#4 The seven men who gathered in secret that night and traveled in the luxury of Senator Aldrich's private car were largely responsible for the development of the practical and effective domination and control over our major financial, railroad, and industrial corporations.