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Author: Paul Ryscavage Publisher: Rowman & Littlefield ISBN: 1683930770 Category : History Languages : en Pages : 295
Book Description
In 1913, President Woodrow Wilson opened the nation’s door to an era of reform. To help him, he brought to Washington men imbued with a progressive spirit—and in some, grudges as well! Before work on reforms got underway, two high ranking officials of the Treasury Department attacked a local bank over its banking practices. The bank officers had close ties to Wall Street; the Treasury officials were no friends of Wall Street (with scars to prove it). Aggressive bank examinations, hostile interviews, and accusatory letters ensued, eventually resulting in the bank filing an injunction against the government. But after an acrimonious court hearing, the injunction appeared to have failed. Indeed, a grand jury indicted the bank officers of perjury. In 1916, a three-week criminal trial of the bankers took place in which former Presidents Taft and Roosevelt appeared on behalf of the bankers. It was a cause celebre in the nation’s capital and much of the country. When the verdict was reached it was clear “bad blood” had been spilled everywhere—and this nasty, little war had been more than just about reform.
Author: Paul Ryscavage Publisher: Rowman & Littlefield ISBN: 1683930770 Category : History Languages : en Pages : 295
Book Description
In 1913, President Woodrow Wilson opened the nation’s door to an era of reform. To help him, he brought to Washington men imbued with a progressive spirit—and in some, grudges as well! Before work on reforms got underway, two high ranking officials of the Treasury Department attacked a local bank over its banking practices. The bank officers had close ties to Wall Street; the Treasury officials were no friends of Wall Street (with scars to prove it). Aggressive bank examinations, hostile interviews, and accusatory letters ensued, eventually resulting in the bank filing an injunction against the government. But after an acrimonious court hearing, the injunction appeared to have failed. Indeed, a grand jury indicted the bank officers of perjury. In 1916, a three-week criminal trial of the bankers took place in which former Presidents Taft and Roosevelt appeared on behalf of the bankers. It was a cause celebre in the nation’s capital and much of the country. When the verdict was reached it was clear “bad blood” had been spilled everywhere—and this nasty, little war had been more than just about reform.
Author: Douglas B. Craig Publisher: JHU Press ISBN: 1421407183 Category : Biography & Autobiography Languages : en Pages : 546
Book Description
Craig's study of McAdoo and Baker illuminates the aspirations and struggles of two prominent southern Democrats. In this dual biography, Douglas B. Craig examines the careers of two prominent American public figures, Newton Diehl Baker and William Gibbs McAdoo, whose lives spanned the era between the Civil War and World War II. Both Baker and McAdoo migrated from the South to northern industrial cities and took up professions that had nothing to do with staple-crop agriculture. Both eventually became cabinet officers in the presidential administration of another southerner with personal memories of defeat and Reconstruction: Woodrow Wilson. A Georgian who practiced law and led railroad tunnel construction efforts in New York City, McAdoo served as treasury secretary at a time when Congress passed an income tax, established the Federal Reserve System, and funded the American and Allied war efforts in World War I. Born in the eastern panhandle of West Virginia, Baker won election as mayor of Cleveland in the early twentieth century and then, as Wilson's secretary of war, supervised the dramatic build-up of the U.S. military when the country entered the Great War in Europe. This is the first full biography of McAdoo and the first since 1961 of Baker. Craig points out similarities and differences in their backgrounds, political activities, professional careers, and family lives. Craig's approach in Progressives at War illuminates the shared struggles, lofty ambitions, and sometimes conflicted interactions of these figures. Their experiences and perspectives on public and private affairs (as insiders who nonetheless were, in some sense, outsiders) make their lives, work, and thought especially interesting. Baker and McAdoo, in league with Wilson, offer Craig the opportunity to deliver a fresh and insightful study of the period, its major issues, and some of its leading figures.
Author: Paul Ryscavage
Author: Paul Ryscavage
Author: Princeton University
Author: United States. Philippine Department. War Department
Author: 
Author: Douglas B. Craig
Author: 
Author: Berkshire Athenaeum and Museum
Author: United States. Dept. of State
Author: United States. Dept. of State
Author: United States. Department of State