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To: JBTFD who wrote (11636)4/14/2008 12:07:06 AM
From: JBTFD  Respond to of 13018
 
"On Sept 1st, 1894, we will not renew our loans under any consideration. On Sept 1st we will demand our money.

We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi and thousands of them east of the Mississippi as well, at our own price....Then the farmers will become tenants as in England...."

-quote from a 1891 memo of the American Bankers association, as printed in the Congressional record of April 29, 1913.