Democratic (constitutionalist) Representative Ransom H. Gillet, of New York, a member of the Banking Select Committee, concurs in the expediency of increasing the circulation of gold coin, arguing that, “under the paper system, banks have broken, and on whom did the loss most severely fall? Upon the poor, who understood little of the condition and credit of banks. The wealthy usually foresaw the evil and protected themselves.”
[added 2/15/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html