America's Money Machine

268 NOTES
Chapter 4.
1. New York Times, October 4, 1907.
2. See Stewart H. Holbrook, The Age ofthe Moguls (New York: Doubleday & Company,
1953), pp. 156 ff.
3. See Frederick Lewis Allen, The Great Pierpont Morgan (New York: Harper and
Brothers, 1949), chap. xxii.
4. New York Times, October 20, et. seq. See also Walter Lord's racy account ofthe Panic
in The Good Years (New York: Harper and Brothers, 1960).
5.John K. Winkler, Morgan the Magnificent (New York: The Vanguard Press, 1930),
p.260.
6. New York Times, October 23, 1907.
7. See U. S. National Monetary Commission, Vol. XXI, Statistics for the United States,
Part III (Washington: G.P.O., 1911)
8. October 24, 1907.
9. New York Times, October 27, 1907.
10. Op. cit., p. 270. See also Walter Lord, op. cit., upon whose account we have relied
for certain details of the events.
Chapter 5.
I. January 1,19°8, editorial.
2. Ibid.
3. N.W. Stephenson, Nelson W Aldrich: A Leader in American Politics (New York:
Charles Scribner's Sons, 1930), pp. 332 ff.
4. January 16, 1908.
5. New York Times, February 17,19°8.
6. New York Times, March 3, 4, 1908.
7· May 4, 5, 1908.
8. Ibid.
9· May 9, 1908.
10. New York Tribune, May 16, 1908.
II. May 25, 1908.
12. New York Times, New York Tribune, May 31, 1908.
Chapter 6.
1. Secretary of the Treasury, Annual Report, 1914.
Chapter 7-
1. August 20, 1908.
2. Paul M. Warburg, "Defects and Needs ofOur Banking System," New York Times:
Annual Financial Review, January 6, 1907.
Chapter 8.
I. Vol. XXII, Seasonal Variations in Demands for Currency and Capital.
2. November 10, 1911.
3. 12 Statutes at Large 709. See also Hearings on S. 3702 and S. 3714 before Senate
Committee on Banking and Currency. June 24, 1960 (Committee Print), for an excellent
concise summary, "Coins and Currency of the United States," a memorandum prepared by
the Office of the Technical Staff, Office of the Secretary of the Treasury.
4. Act of December 24, 1919 (4 1 Statutes at Large 378).
5. Sec. 26 of Draft Bill.