Wall Street's Financing of World War I; Liberty Loans and Financial Demonization

Description: Wall Street's Financing of World War I; Liberty Loans and Financial Demonization. by Kerry Segrave Estimated delivery 3-12 business days Format Paperback Condition Brand New Description World War I was a gold mine for the capitalist class. The only problem was that they did not want to pay the entire war cost themselves. The banking plutocrats created the Liberty Loan programs to pass much of that cost along to the underclasses - five in total from 1917 to 1919. An intense campaign was put in motion to sell the bonds, perhaps the most significant public relations campaign to that time. Those who refused to buy any bonds or less than their "fair share" were demonized by the capitalist class as "financial slackers." Such individuals were attacked in the media by all the opinion makers of the day. No excuse for not buying was acceptable. It was a program crafted exclusively by the banking plutocracy, the United States Treasury Department bureaucrats, and administered by the newly created Federal Reserve banking system. The bond program was unnecessary since the ruling class could easily have paid the total cost, with almost enough money in liquid bank deposits alone. In all the discussions about how to raise money for the war, there was never any mention of some wealth tax; it was there the majority of money of the capitalist class was to be found, not from "income" as usually defined. Resistors to buying the bonds were often subject to summary dismissal from their jobs, tarred and feathered, and ridden out of town on a rail. Those who declined to purchase bonds were ruthlessly attacked by naming, shaming, force, and coercion. No one had a good word to say about those who declined to purchase bonds; dissent was not allowed. Author Biography Cultural historian Kerry Segrave is the author of dozens of books on such diverse topics as drive-in theaters, ticket-scalping, lie detectors, jukeboxes, smoking, shoplifting, and electric cars. He lives in British Columbia. Details ISBN 1777037085 ISBN-13 9781777037086 Title Wall Street's Financing of World War I; Liberty Loans and Financial Demonization. Author Kerry Segrave Format Paperback Year 2023 Pages 232 Publisher Historical Press GE_Item_ID:142188671; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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End Time: 2025-01-24T03:51:29.000Z

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