“The Bank of the United States ‘ran into grave difficulties through mismanagement, speculation, and fraud.’ — James J. Kilpatrick, The Sovereign States; ‘[Henry Clay’s] income from this business [general counsel to the Bank of the United States] apparently amounted to what he needed: three thousand dollars a year from the bank as chief counsel; more for appearing in specific cases; and a sizable amount of real estate in Ohio and Kentucky in addition to the cash . . . . When he resigned to become Secretary of State in 1825, he was pleased with his compensation.’ –Maurice Baxter, Henry Clay and the American System”
http://archive.lewrockwell.com/blog/lewrw/archives/133592.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
How crossing the US-Mexico border became a crime [2017]
U.S. Dollar on the brink of 13-month lows: the long-term consequences
Bitcoin In Context, A Brief Cultural History Of Money - Lui Smyth
“The Government is US?” Not Unless We’re Citigroup
Prohibition Caused the Greatness of Gatsby
The Politics of Fear in America: A Nation at War with Itself
Immense, Needless Human Misery Caused by Speculative Credit Bubbles
The Case for Restraint in Yemen
Koch Has No Power to Coerce Anybody; That's Why He Needs Government
And the Credit for Defeating Slavery in America Goes to… Criminals!
Decentralizing Science: Local Biohacking
The Deep State or Invisible Government: A Brief Bibliographic Retrospective
A Story of Slavery in Modern America
Law professor: Should 3rd Amendment prevent government spying?
The FED’s Money Trap