Morgenthau, the New Deal and Silver: A Story of Pressure Politics

Morgenthau, The New Deal And Silver: A Story Of Pressure Politics is a book written by Allan Seymour Everest. It is a detailed account of the political pressure and maneuvering that took place during the New Deal era in the United States, specifically regarding the issue of silver currency. The book focuses on the role of Henry Morgenthau Jr., who was the Secretary of the Treasury at the time, and his efforts to push for the repeal of the Silver Purchase Act of 1934. The act had been passed to support the price of silver, but it was causing inflation and other economic problems. Morgenthau faced opposition from various groups, including farmers, silver miners, and politicians who had vested interests in the silver industry. The book also explores the broader political and economic context of the time, including the Great Depression and the policies of President Franklin D. Roosevelt. Through meticulous research and analysis, Everest provides a fascinating insight into the complex world of pressure politics and the challenges faced by policymakers during a turbulent period in American history.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.