The Road thru Indy

"These people can make us disappear."
--Nina Chance (Murder at 1600)

Last week we noted Rothbard's knack for establishing the context of political decisions. Here is portion of his effort to piece together the network behind the organization of the Federal Reserve.

Center stage in this piece is the Indianapolis Monetary Convention of 1897, which subsequently become the Indianapolis Monetary Commission. The purpose of this commission was to begin a public relations effort to drum up support for 'banking reform'--a code name for central banking.

This group was laced w/ Morgan and Rockefeller representatives.

Note that although this special interest group succeeded in winning the ear of Congress by the end of the 1890s, it would still be a decade or more before the PR machine would win over enough support to enact the Federal Reserve. Why? Back then there was widespread distrust of central banking...two central banks had already been dismantled in the United States.

The propaganda machine still had work to do...