Rossevelt His Policies His Enemies His Friends volume 2
Rossevelt His Policies His Enemies His Friends volume 2
Francis Alexandre Adams
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Ninth — The "Nation Savers" used their enormous power to capture the copper mines as the final link in the chain of elimi- nation of competitors. It mattered not to these absorptionists that a panic was pre- cipitated. This served a purpose in their national control scheme. It has given them a chance to close their hands on whatever remained of the national resources, by forcing all but their chosen few associates to put their stocks, bonds and busi- ness interests over the "Pawnbroker's" count...er at Broad and Wall streets. During the panic days of October and November, 1907, every form of national security was depreciated to the lowest records of years. The holders, who found their bank accounts tied up or the banks unwilling or unable to extend them commercial accommodations, had to sacrifice their stocks, Elimination and Absorption. 31 bonds and the controlling interest in their enterprise to get "cash" from the "Nation Savers" in Wall Street. The tenth great stride in the march of this "Band of Nation Wreckers" was clearly defined.
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