This work of Other People's Money by Louis Brandeis is an important work to document the workings and the financial control the Money Trust had in 1910-1913 before the creation of the Federal Reserve System.
In this book, Brandeis shares the exact amounts of money and control the different banks had and the power that was concentrated into the hands of a few men of finance at the very top. JP Morgan and Associates being the primary head of the banking system in America. With control of the largest banks in America and further financial influence of the largest businesses in America. By using the bank deposits of the largest corporations in America (Railroads and Steel)....to loan back to them at interest. Remember, all the money is in the bank.
Brandeis recommends some solutions for Government action against the Big Banks. Namely tighter control from "conflicts of interest" by those on the boards of corporations and banks. Those regulations were never fully put into place.
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