Sunday, February 28, 2016

OLD TIME PANICS

Old Time Panics is Chapter 19 in 28 Years on Wall Street by Henry Clews. Eustace Mullins in Secrets of the Federal Reserve states:
Henry Clews, the famous banker, in his book, Twenty-eight Years in Wall Street [33] states that the Panic of 1837 was engineered because the charter of the Second Bank of the United States had run out in 1836.

[33] Henry Clews, Twenty-eight Years in Wall Street, Irving Company, New York, 1888, page 157

But Clews does not state this.

Read that chapter and you will find out what CLews really says about Andrew Jackson and the 1837 panic. But if you do, bear in mind that Michael Kirsch shows clearly that Jackson withdrew funds from the BUS2 as part of a British plot, and that the federal funds were deposited in banks run by the mates of Roger Taney, who used that money for speculation, which as Clews says, led to the panic.




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