TAILIEUCHUNG - OTHER PEOPLE'S MONEY AND HOW THE BANKERS USE IT

While Louis D. Brandeis's series of articles on the money trust was running in Harper's Weekly many inquiries came about publication in more accessible permanent form. Even without such urgence through the mail, however, it would have been clear that these articles inevitably constituted a book, since they embodied an analysis and a narrative by that mind which, on the great industrial movements of our era, is the most expert in the United States. The inquiries meant that the attentive public recognized that here was a contribution to history. Here was the clearest and most profound treatment ever published on that part of our business development. | BY LOUIS D. BRANDEIS 1 OTHER PEOPLE S MONEY AND HOW THE BANKERS USE IT Louis D. Brandeis CHAPTER I CHAPTER II CHAPTER III CHAPTER IV CHAPTER V CHAPTER VI CHAPTER VII CHAPTER VIII CHAPTER IX CHAPTER X OTHER PEOPLE S MONEY AND HOW THE BANKERS USE IT BY LOUIS D. BRANDEIS NEW YORK FREDERICK A. STOKES COMPANY PUBLISHERS Copyright 1913 1914 by The McClure Publications Copyright 1914 by Frederick A. Stokes Company All rights reserved BY LOUIS D. BRANDEIS 2 March 1911 PREFACE While Louis D. Brandeis s series of articles on the money trust was running in Harper s Weekly many inquiries came about publication in more accessible permanent form. Even without such urgence through the mail however it would have been clear that these articles inevitably constituted a book since they embodied an analysis and a narrative by that mind which on the great industrial movements of our era is the most expert in the United States. The inquiries meant that the attentive public recognized that here was a contribution to history. Here was the clearest and most profound treatment ever published on that part of our business development which as President Wilson and other wise men have said has come to constitute the greatest of our problems. The story of our time is the story of industry. No scholar of the future will be able to describe our era with authority unless he comprehends that expansion and concentration which followed the harnessing of steam and electricity the great uses of the change and the great excesses. No historian of the future in my opinion will find among our contemporary documents so masterful an analysis of why concentration went astray. I am but one among many who look upon jMr. Brandeis as having in the field of economics the most inventive and sound mind of our time. While his articles were running in Harper s Weekly I had ample opportunity to know how widespread was the belief among intelligent men that this brilliant diagnosis of our money trust was the most .

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