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Das entspricht auch meinen historischen Darstellungen in meinem Buch. Es ist also alles nicht sehr neu, sondern nur vor dem Publikum verborgen.Senator Richard Pettigrew, Triumphant Plutocracy, 1922
http://yamaguchy.netfirms.com/7897401/pettigrew/pettig_index.htmlGrover Cleveland had been elected President of the United States upon the tariff issue in 1892, and when he took office in 1893 he called a meeting of Congress for the purpose of repealing the purchasing clauses of the Sherman law of 1890, which provided that the Treasurer of the United States should purchase and coin not less than two million dollars’ worth of silver and not more than four and a half million dollars’ worth during each month, thus adding to the volume of circulating medium. The cutting-off of four and a half millions of silver by the repeal of the Sherman law purchasing clauses, with its consequent decline in the volume of money, proved disastrous. The prices of all farm products fell sharply, causing the ruin of the agricultural classes and a prolonged panic nearly as disastrous as that of 1873.
In den Schulen und Universitäten lernt man davon nichts, die Lehrer und Professoren haben keine Ahnung und erzählen sonstwas über die Ursache der Krisen. Dabei wurde nur gezielt der Geldumlauf verknappt und selbstverständlich haben die, die darum wussten, mit den Krisen ihr großes Geld gemacht.
Interessant, den Pettigrew kannte ich noch nicht. Vermutlich gibt es endlos Literatur über die Krisen, in denen sie völlig richtig beschrieben sind, aber kein Verlag bringt das unter das Publikum.The panic of 1893, resulting from this act, which involved a contraction of the volume of money and a reduction in prices, again drove large numbers of people from the land and reduced agricultural production below a remunerative point. As a result of this panic and the panic of 1873, the lands in Dakota, which had all been owned by the cultivators, passed into the hands of the mortgage companies, the banks, the creditors, so that in the county where I reside—Minnehaha County, South Dakota—52 per cent of the farms now are cultivated by tenants. Within my memory, every acre of land in that county belonged to the Government. Both in the panic of 1873 and in that of 1893 the results were the same. The owners and monopolists of money used their monopoly power to squeeze the small producer and to enrich themselves.