Cartoon bank dating
Reid's other cartoons from this time reference trusts (monopolies) controlling the manufacture and distribution of oil, gas, beef, and even ice. It also might refer to the Panic of 1907 in which Morgan and other financiers pledged millions of their own dollars to save the nation's banking system after a colleague caused its collapse.
Or it may reference any number of other mergers brokered by Morgan before his death in 1913.
I finished my contract and returned to the Philippines where we both met face to face for the first time and there were sparks!
We are now excited to welcome our 1st baby next month!
We were both far each other when we first started chatting, he was in England and I was working in Saudi Riyadh at that time.
The public outrage resulting from the attention given by Reid and other editorial cartoonists to the monopolists helped fuel change.
By 1920, reforms enacted included a central banking system (the Federal Reserve), a constitutional amendment granting women the right to vote, and an act limiting work hours for children.
The Populists or People's Party called for a number of reforms, among them government regulation of railroads and other monopolies.
Today it's hard to imagine the power once exercised by railroads, but in the 19th century they could break farmers through assessing high fees for shipment of agricultural products to market.