Dan V. Stephens to Woodrow Wilson
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I am informed by a banker in my district that the big banks have their agents out ostensibly soliciting business, but as a matter of fact spreading poison against the currency bill. I have no doubt they are doing the same thing all over the country. Put this action with the attitude of the subsidized press of the country and the various repetitions of the action of the American Bankers Association by the State Bankers Associations, and we have before us clear as day the propaganda of the money trust to so amend our bill ans to legalize the strangle hold the money trust now has upon the country.
I sincerely hope you will not retract one step by granting the demands of the bankers on any of the material points in question. Government control should be absolute and to amend that feature so as to weaken the control provided for in this bill would be dangerous in the extreme.
The Senate is in danger of yielding to this pressure and the House is sure to if the country can be pinched enough to frighten the people. Our hope for an honest currency bill lies with you, and I have the greatest confidence in your being able to make this fight for the people and win it.
Yours very truly,
Dan V. Stephens
PS
Am inclosing letters sent to all my bankers and newspapers supporting the currency measure.
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