Pujo Committee hearings

rdanPujo Committee (1912-13) transcripts at the St. Louis Fed looks interesting.In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. Its purpose was to investigate the "money trust," a small group of Wall Street bankers that exerted powerful control over the nation's finances. The committee's majority report concluded that a group of financial leaders had abused the public trust to consolidate control over a lot of industries. The Pujo Committee report created a climate of public view that lead to the passage of the Federal Reserve Act of 1913 and the Clayton Antitrust Act of 1914.The hearings were conducted between May 16, 1912 and February 26, 1913. The record of the hearings was in print in three volumes. It is presented in the original 29 parts with the index, a table of interlocking directorates of 18 financial institutions, and the majority/minority report of the committee.
Watch live TV on your laptop or desktop PC within seconds!