This is my piece, you fellows can have that side
From Our Collections Print and Picture Cartoon Collection
Item Info
Publication Date: 1/8/1914
Media Type: Cartoons (Commentary)
Source: Print and Picture Collection
Notes:
On December 23, 1913, just weeks before this cartoon was published, Congress enacted the Federal Reserve Act (also known as the Glass-Owen Currency Act). This act called for the creation of a central banking system in the United States and created a number of private regional Federal Reserve banks with a publicly appointed Federal Reserve Board to oversee them. [1] Critics of the legislation voiced concern over the power the new system put into the hands of Wall Street's private banking interests. The cartoonist shows Wall Street offering the major U.S. cities a very meager share of the banking power.
Source:
[1] Federal Reserve Board. (2003). The Structure of the Federal Reserve System. Retrieved from:<http://www.federalreserve.gov/pubs/frseries/frseri.htm >
Country: Country:United States
State/Province:Pennsylvania
Creator Name: Richards, Frederick T. (1864-1921) - Artist