Clarence Dickinson Long Quotes
Them’s that got the gold makes the rules.
Long was the Chairman of the House Appropriations Committee and his committee had to initiate any appropriation to any agency or function of government. In effect, Long had all “the gold.”
Clarence Dickinson Long, 1908-1994, U. S. Congressman (Democrat, MD), Member of The President’s Council of Economic Advisors, Sign in his office desk in Congress
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He was originally a teacher and made a fortune as a politician through corruption which was extreme in Mexico and is still quite bad.
The United States money was then on the Gold Standard. The country was growing and needed more money in circulation. But most of the gold that might be available was in England and English bankers could control much of the U. S. economy. The Populists and the Democrats wanted us to use silver to back U. S. money as there was plenty of silver in the United States. The Republicans would not relent and depression was upon the country. A half century later, it would be Republican President Richard M. Nixon, who took the United States off the gold standard. Lease was far ahead of her time.
See {627027} for an earlier expression of this point.
Clarence Dickinson "Doc" Long, Jr. was a Democratic U.S. Congressman who represented the 2nd congressional district of Maryland from January 3, 1963 to January 3, 1985.