>>> [EMAIL PROTECTED] 11/09/05 4:52 PM >>> >Senator Bronson Cutting of New Mexico, ... wrote years later: "The nationalization of banks by President Roosevelt could have been accomplished without a word of protest. It [not doing so] was President Roosevelt's great mistake."<
was there a political groundswell for such a policy at the time, outside of the left (which was pretty weak in 1933)? Jim Devine <<<<<>>>> only 'groundswell' that fdr would have seen/felt early on was push by chase bank officials who had supported him for prez to separate investment from commercial banking, by splitting two functions, these rockefeller elites - who had been among very few bankers backing fdr in '32 - intended to bring morgan finance hegemony, which was based on their unity, to an end, their lobby efforts led to glass-steagall act... michael hoover -------------------------------------------------------------- Please Note: Due to Florida's very broad public records law, most written communications to or from College employees regarding College business are public records, available to the public and media upon request. Therefore, this e-mail communication may be subject to public disclosure.
