Premium Only Content

The Panic of 1907 and the National Monetary Commission (HOM 30-A)
History of Money, Lecture 30, Pt. A: In October 1907 another financial panic hit Wall Street; banker opinion, led by J. P. Morgan and associates, together with Jacob Schiff, Paul Warburg, and other leaders in the banking industry, coalesced behind the idea of "banking reform," i.e., a central bank, to replace the National Banking System. Senator Nelson Aldrich of Rhode Island, a Republican and head of the Senate Finance Committee, ran a committee from 1908 to 1910 to investigate the currency question. It concluded with a secret meeting at the Jekyll Island Club in Georgia, which produced the Aldrich Plan, the forerunner to the Federal Reserve Act in 1913.
_______________________________________
If enjoy this channel and would like to support:
https://patreon.com/professorbarth
Follow me on X:
https://twitter.com/Professor_Barth
Buy my book! The Currency of Empire: Money and Power in English America, released June 2021 with Cornell University Press. Order your copy now.
https://www.amazon.com/Currency-Empire-Seventeenth-Century-English-America/dp/1501755773/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1611158577&sr=8-1
_______________________________________
Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University.
_______________________________________
Visit my website https://www.professorbarth.com/
_______________________________________
Disclaimer: The views and opinions expressed on this channel are my own and do not reflect the views of Arizona State University, nor are any of the views endorsed by Arizona State University.
-
25:02
Professor Barth
10 months agoStock market selloff / Dollar Report: August 2024
55 -
4:17
Blackstone Griddles
15 hours agoBetty's Big Mac Chicken Smashed Tacos on the Blackstone Griddle
540 -
32:09
Adam Does Movies
16 hours ago $0.18 earnedJurASSic World Rebirth Review - Recrap
4101 -
12:22
The Gun Collective
17 hours agoWOW! SO MANY New Guns Just Came Out!
6042 -
LIVE
BEK TV
3 days agoTrent Loos in the Morning 7/7/2025
232 watching -
LIVE
The Bubba Army
4 days agoNO Epstein Client List - Bubba the Love Sponge® Show | 7/07/25
2,054 watching -
LIVE
FyrBorne
1 hour ago🔴Warzone M&K Sniping: The Hardest Fights Forge The Strongest Warriors
330 watching -
8:11
MattMorseTV
13 hours ago $7.05 earnedMacron just SURRENDERED.
15.6K42 -
4:42:20
FusedAegisTV
1 day ago$1000 Fortnite Tournament | 19 TEAMS!! #RumbleGaming
74.4K2 -
10:39
NikkoOrtiz
2 days agoCooked TikTok Fails... Part 2
67.2K27