Thursday, June 16, 2011

Today -100: June 16, 1911: Of money monopolies and firing squads


NJ Gov. Woodrow Wilson inveighs against the over-concentration of banking, which he calls the “money monopoly.” Such a monopoly must necessarily “chill and check and destroy genuine economic freedom.”

During the fighting in Mexico, the rebels executed a Col. Morelos. But there was some delay because they’d never run a firing squad before, so Morelos had to give them step-by-step instructions. It’s lucky he was there.

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