1367:
341:
42:
451:: "In January 1935, he announced his candidacy for president with the backing of an organization called 'the Independent Republican National Christian-Gentile Committee' on a platform to 'keep the Jew out of control of the Republican Party!'" Not garnering much support for his presidential bid, he tried to win back his congressional seat. He lost the nomination by a wide-margin to Col.
332:
of 1927, limiting nationally-chartered branch banks to the state in which the main branch operates. The Act sought to give national banks competitive equality with state-chartered banks by letting national banks operate branch banks to the extent permitted by state law. The McFadden Act specifically
1411:
393:
In 1933, he introduced House
Resolution No. 158, which included articles of impeachment for the Secretary of the Treasury, two assistant Secretaries of the Treasury, the Board of Governors of the Federal Reserve, and the officers and directors of its twelve regional banks.
348:
McFadden later became a "vociferous foe of the
Federal Reserve", which he claimed was created and operated by Jewish banking interests who conspired to economically control the United States. In a speech in the House of Representatives in December 1931, McFadden accused
296:
McFadden served as treasurer of the
Pennsylvania Bankers' Association in 1906 and 1907, and as president in 1914 and 1915. He was appointed in 1914 by the agricultural societies of the State of Pennsylvania as a trustee of
334:
357:, of “having engineered the great depression.” On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives, in which he accused the Federal Reserve of deliberately causing the
1146:
337:
repealed this provision of the McFadden Act, it specified that state law continues to control intrastate branching, or branching within a state's borders, for both state and national banks.
1366:
1099:
1064:
314:
1416:
558:
1155:
754:
63:
386:
reported that he was "virtually read out of his party ... his committee posts ... taken away from him…was ostracized by
Republicans called crazy ...". Sen.
981:
325:
Congresses, or 1920-1931. Though re-elected without opposition in 1932, he lost to the
Democratic nominee in 1934. He was an unsuccessful candidate for nomination in 1936.
1396:
930:
267:
1139:
842:
472:
1105:
1070:
901:
165:
158:
1132:
376:. The impeachment resolution was defeated by a vote of 361 to 8; it was seen as a big vote of confidence to President Hoover from the House. According to
373:
1436:
963:
1401:
1047:
766:
685:
243:
1010:
874:
397:
In 1934, he made several anti-Semitic comments from the floor of the House and in newsletters to his constituents wherein he cited the
333:
prohibited interstate branching by allowing national banks to branch only within the state in which they were situated. Although the
1426:
659:
258:
System in perpetuity, liberalized branch banking for national banks and increased competition between member and non-member banks.
916:
1421:
497:
438:
239:
223:
860:
812:
399:
463:
He was in New York City visiting with his wife and son in late
September 1936, when he was taken ill at his hotel and died of
1216:
476:
271:
195:
107:
1000:
1431:
468:
888:
590:
322:
318:
310:
1124:
1226:
445:
412:
408:
383:
1406:
212:
784:
1261:
1236:
1221:
755:
Congressional Record - Motion for impeachment of U.S. Federal
Reserve members May 23, 1933, pp. 4055–4058
1271:
734:
430:
298:
575:
382:
magazine McFadden was "denounced and condemned by all
Republicans for his 'contemptible gesture'." The
518:
278:. He graduated from Warner's Commercial College (currently known as the Elmira Business Institute) in
1391:
1386:
1321:
1201:
1191:
713:
452:
437:
by "about 2,000 votes". This was the only election between 1912 and 1950 when the district elected a
404:
287:
692:
293:
In 1899, he was elected cashier; he became its president on
January 11, 1916 and served until 1925.
1316:
1206:
1166:
1116:
1056:
553:
464:
434:
354:
147:
1246:
611:
415:
claimed in his "Washington Merry-Go-Round" column that, in a publication by the
American fascist
135:
340:
1276:
1241:
1171:
1006:
655:
649:
492:
368:, which he called "the greatest crime in modern history", McFadden moved to impeach President
98:
1030:
1296:
1286:
1231:
1196:
1081:
595:
358:
283:
279:
1038:
827:
798:
1356:
433:, leader of the Silver Shirts, on several occasions. On election day that year he lost to
378:
255:
1412:
Republican Party members of the United States House of Representatives from Pennsylvania
419:, McFadden had been "extensively" quoted "in support of Adolf Hitler". In September the
1346:
1341:
1311:
1251:
1211:
1181:
1091:
369:
390:(R-PA) said "We intend to act to all practical purposes as though McFadden had died".
1380:
1351:
1306:
1186:
1176:
416:
387:
372:
in 1932, and he also introduced a resolution bringing conspiracy charges against the
250:, serving from 1915 to 1935. A banker by trade, he was the chief sponsor of the 1927
17:
902:
Pennsylvania's 15th congressional district#List of members representing the district
636:
625:
1336:
1301:
1291:
1281:
1266:
1256:
480:
425:
350:
329:
275:
251:
247:
112:
86:
623:
Adam, Marc Christopher. Three Essays on Trade and Finance in the Interwar Period
41:
403:, claimed the Roosevelt administration was controlled by Jews, and objected to
1331:
365:
364:
After the expulsion from Washington, D.C., of the veteran petitioners of the
1326:
1002:
Undue influence: How the Wall Street elite put the financial system at risk
328:
McFadden's main official legacy was the working on and the passing of the
767:"Senate May Shelve Tydings Report; House Expected to Act on Nazi Protest"
448:
586:
584:
576:"Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994"
1035:— Article criticizing McFadden's speech against the Federal Reserve.
610:, "McFadden Links Bankers", The New York Times, December 1931, p. 1
313:
and to the nine succeeding Congresses. He served as Chairman of the
309:
In 1914, McFadden was elected as a Republican Representative to the
875:"Al Smith, Macdonald Half-jews, Fresh News from Silver Shirt Front"
335:
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
339:
1156:
Chairs of the United States House Committee on Financial Services
420:
1128:
964:"Death of Former Representative L. T. McFadden of Pennsylvania"
286:. In 1892, he entered the employ of the First National Bank in
917:"L.T. Mcfadden, Anti-semitic Ex-congressman, Dies in New York"
429:
praised McFadden. He was also lauded by the publications of
471:, in Manhattan. He was interred in East Canton Cemetery in
861:"Jewish Influence in America is Attacked by Der Stuermer"
813:"Rep. Mcfadden Waves Red Flag in Renewed Attacks on Jews"
841:
Drew Pearson and Robert S. Allen (January 25, 1934).
315:
United States House Committee on Banking and Currency
559:
Biographical Directory of the United States Congress
889:"L.t. Mcfadden, U.S. Fascist Ally, Beaten at Polls"
219:
202:
182:
177:
153:
141:
129:
104:
92:
80:
61:
32:
988:. Cape Girardeau. AP. October 30, 1936. p. 6.
937:. Williamsport, Pa. AP. April 29, 1936. p. 2.
982:"Death Silences Louis McFadden, Hoover's Critic"
863:. Jewish Telegraphic Agency. 20 September 1934.
680:
678:
691:. December 26, 1932. p. 7. Archived from
648:Dickson, Paul; Allen, Thomas B. (2006-03-21).
1140:
911:
909:
891:. Jewish Telegraphic Agency. 8 November 1934.
778:
776:
769:. Jewish Telegraphic Agency. 28 January 1934.
238:(July 25, 1876 – October 1, 1936) was a
8:
1100:U.S. House of Representatives
1065:U.S. House of Representatives
919:. Jewish Telegraphic Agency. 4 October 1936.
654:. Bloomsbury Publishing USA. pp. 203–.
1417:20th-century American far-right politicians
1147:
1133:
1125:
1106:Pennsylvania's 15th congressional district
1071:Pennsylvania's 14th congressional district
1043:
877:. Jewish Telegraphic Agency. 11 June 1933.
815:. Jewish Telegraphic Agency. 28 June 1934.
40:
29:
1397:People from Bradford County, Pennsylvania
1032:The Legendary Tirade of Louis T. McFadden
801:. Jewish Telegraphic Agency. 27 May 1934.
455:who went on to win the general election.
374:Board of Governors of the Federal Reserve
545:
543:
541:
539:
537:
535:
125:March 4, 1915 – January 3, 1935
509:
353:, one of the leading forces behind the
266:McFadden was born in Granville Center,
1005:. John Wiley & Sons. p. 137.
244:United States House of Representatives
714:"World — Washington Seen at a Glance"
76:June 7, 1920 – March 4, 1931
7:
931:"Rutherford Pulls Ahead of McFadden"
785:"Anti-semitism in House of Congress"
826:Nathan Loenig. (11 November 1934).
716:. Kingsport Times. October 27, 1934
637:Congressional Record, June 10, 1932
591:Louis T. McFadden on Herbert Hoover
737:. BEATRICE DAILY SUN. May 10, 1932
469:Hospital for Ruptured and Crippled
25:
554:"Louis T. McFadden (id: M000434)"
64:Committee on Banking and Currency
1365:
651:The Bonus Army: An American Epic
498:Criticism of the Federal Reserve
1437:Deaths from coronary thrombosis
400:Protocols of the Elders of Zion
970:. Vol. 143. p. 2149.
574:Bill Medley (September 1994),
1:
1402:American conspiracy theorists
1098:Member of the
1063:Member of the
1048:U.S. House of Representatives
952:. April 30, 1936. p. 11.
196:Bradford County, Pennsylvania
108:U.S. House of Representatives
47:
830:. Jewish Telegraphic Agency.
787:. Jewish Telegraphic Agency.
948:"40,000 for Breckinridge".
783:Pat McGrady. (1 May 1934).
407:, who was Jewish, becoming
1453:
467:shortly thereafter in the
299:Pennsylvania State College
1363:
1162:
1113:
1096:
1088:
1078:
1061:
1053:
1046:
999:Charles R. Geiss (2005).
521:. Federal Reserve History
446:Jewish Telegraphic Agency
409:Secretary of the Treasury
384:Central Press Association
229:
173:
118:
69:
57:
39:
1427:Pennsylvania Republicans
1029:Flaherty, Edward, Ph.D.
552:United States Congress.
444:According to McFadden's
254:, which rechartered the
1422:Right-wing antisemitism
1039:The Political Graveyard
578:Federal Reserve History
213:New York City, New York
519:"McFadden Act of 1927"
345:
735:"Washington Day Book"
431:William Dudley Pelley
343:
311:Sixty-fourth Congress
236:Louis Thomas McFadden
18:Louis Thomas McFadden
986:Southeast Missourian
935:Gazette and Bulletin
695:on November 18, 2007
453:Albert G. Rutherford
405:Henry Morgenthau Jr.
288:Canton, Pennsylvania
1432:Fascist politicians
1117:Charles E. Dietrich
1057:William D. B. Ainey
968:Financial Chronicle
465:coronary thrombosis
435:Charles E. Dietrich
355:Federal Reserve Act
148:Charles E. Dietrich
27:American politician
608:The New York Times
517:Richardson, Gary.
346:
268:Granville Township
136:William D.B. Ainey
1374:
1373:
1123:
1122:
1114:Succeeded by
1079:Succeeded by
1012:978-0-471-65663-0
828:"Capital Comment"
799:"Capital Comment"
493:Elizabeth Dilling
233:
232:
99:Henry B. Steagall
34:Louis T. McFadden
16:(Redirected from
1444:
1369:
1149:
1142:
1135:
1126:
1108:
1089:Preceded by
1082:William M. Croll
1073:
1054:Preceded by
1044:
1017:
1016:
996:
990:
989:
978:
972:
971:
960:
954:
953:
945:
939:
938:
927:
921:
920:
913:
904:
899:
893:
892:
885:
879:
878:
871:
865:
864:
857:
851:
850:
843:"Merry-Go-Round"
838:
832:
831:
823:
817:
816:
809:
803:
802:
795:
789:
788:
780:
771:
770:
763:
757:
752:
746:
745:
743:
742:
731:
725:
724:
722:
721:
710:
704:
703:
701:
700:
682:
673:
672:
670:
668:
645:
639:
634:
628:
620:
614:
605:
599:
596:The New Republic
588:
579:
572:
566:
563:
547:
530:
529:
527:
526:
514:
359:Great Depression
344:McFadden in 1931
305:Political career
209:
192:
190:
178:Personal details
168:
161:
144:
132:
123:
95:
83:
74:
62:Chairman of the
52:
49:
44:
30:
21:
1452:
1451:
1447:
1446:
1445:
1443:
1442:
1441:
1377:
1376:
1375:
1370:
1361:
1158:
1153:
1119:
1110:
1104:
1102:
1094:
1084:
1075:
1069:
1067:
1059:
1026:
1021:
1020:
1013:
998:
997:
993:
980:
979:
975:
962:
961:
957:
947:
946:
942:
929:
928:
924:
915:
914:
907:
900:
896:
887:
886:
882:
873:
872:
868:
859:
858:
854:
847:Tuscaloosa News
840:
839:
835:
825:
824:
820:
811:
810:
806:
797:
796:
792:
782:
781:
774:
765:
764:
760:
753:
749:
740:
738:
733:
732:
728:
719:
717:
712:
711:
707:
698:
696:
686:"I Impeach ..."
684:
683:
676:
666:
664:
662:
647:
646:
642:
635:
631:
621:
617:
606:
602:
589:
582:
573:
569:
551:
548:
533:
524:
522:
516:
515:
511:
506:
489:
477:Bradford County
473:Canton Township
461:
307:
272:Bradford County
264:
256:Federal Reserve
220:Political party
211:
207:
206:October 1, 1936
194:
188:
186:
164:
163:
157:
142:
130:
124:
119:
110:
106:
93:
81:
75:
70:
53:
50:
35:
28:
23:
22:
15:
12:
11:
5:
1450:
1448:
1440:
1439:
1434:
1429:
1424:
1419:
1414:
1409:
1407:American Nazis
1404:
1399:
1394:
1389:
1379:
1378:
1372:
1371:
1364:
1362:
1360:
1359:
1354:
1349:
1344:
1339:
1334:
1329:
1324:
1319:
1314:
1309:
1304:
1299:
1294:
1289:
1284:
1279:
1274:
1269:
1264:
1259:
1254:
1249:
1244:
1239:
1234:
1229:
1224:
1219:
1214:
1209:
1204:
1199:
1194:
1189:
1184:
1179:
1174:
1169:
1163:
1160:
1159:
1154:
1152:
1151:
1144:
1137:
1129:
1121:
1120:
1115:
1112:
1095:
1092:Edgar R. Kiess
1090:
1086:
1085:
1080:
1077:
1060:
1055:
1051:
1050:
1042:
1041:
1036:
1025:
1024:External links
1022:
1019:
1018:
1011:
991:
973:
955:
950:New York Times
940:
922:
905:
894:
880:
866:
852:
833:
818:
804:
790:
772:
758:
747:
726:
705:
674:
660:
640:
629:
615:
600:
580:
567:
565:
564:
531:
508:
507:
505:
502:
501:
500:
495:
488:
485:
460:
457:
370:Herbert Hoover
306:
303:
263:
260:
242:member of the
231:
230:
227:
226:
221:
217:
216:
210:(aged 60)
204:
200:
199:
184:
180:
179:
175:
174:
171:
170:
155:
151:
150:
145:
139:
138:
133:
127:
126:
116:
115:
102:
101:
96:
90:
89:
84:
78:
77:
67:
66:
59:
58:
55:
54:
51: 1910–25
45:
37:
36:
33:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
1449:
1438:
1435:
1433:
1430:
1428:
1425:
1423:
1420:
1418:
1415:
1413:
1410:
1408:
1405:
1403:
1400:
1398:
1395:
1393:
1390:
1388:
1385:
1384:
1382:
1368:
1358:
1355:
1353:
1350:
1348:
1345:
1343:
1340:
1338:
1335:
1333:
1330:
1328:
1325:
1323:
1320:
1318:
1315:
1313:
1310:
1308:
1305:
1303:
1300:
1298:
1295:
1293:
1290:
1288:
1285:
1283:
1280:
1278:
1275:
1273:
1270:
1268:
1265:
1263:
1260:
1258:
1255:
1253:
1250:
1248:
1245:
1243:
1240:
1238:
1235:
1233:
1230:
1228:
1225:
1223:
1220:
1218:
1215:
1213:
1210:
1208:
1205:
1203:
1200:
1198:
1195:
1193:
1190:
1188:
1185:
1183:
1180:
1178:
1175:
1173:
1170:
1168:
1165:
1164:
1161:
1157:
1150:
1145:
1143:
1138:
1136:
1131:
1130:
1127:
1118:
1109:
1107:
1101:
1093:
1087:
1083:
1074:
1072:
1066:
1058:
1052:
1049:
1045:
1040:
1037:
1034:
1033:
1028:
1027:
1023:
1014:
1008:
1004:
1003:
995:
992:
987:
983:
977:
974:
969:
965:
959:
956:
951:
944:
941:
936:
932:
926:
923:
918:
912:
910:
906:
903:
898:
895:
890:
884:
881:
876:
870:
867:
862:
856:
853:
848:
844:
837:
834:
829:
822:
819:
814:
808:
805:
800:
794:
791:
786:
779:
777:
773:
768:
762:
759:
756:
751:
748:
736:
730:
727:
715:
709:
706:
694:
690:
687:
681:
679:
675:
663:
661:9780802777386
657:
653:
652:
644:
641:
638:
633:
630:
627:. Diss. 2020.
626:
624:
619:
616:
612:
609:
604:
601:
598:
597:
592:
587:
585:
581:
577:
571:
568:
561:
560:
555:
550:
549:
546:
544:
542:
540:
538:
536:
532:
520:
513:
510:
503:
499:
496:
494:
491:
490:
486:
484:
482:
478:
474:
470:
466:
458:
456:
454:
450:
447:
442:
440:
436:
432:
428:
427:
422:
418:
417:Silver Shirts
414:
410:
406:
402:
401:
395:
391:
389:
388:David A. Reed
385:
381:
380:
375:
371:
367:
362:
360:
356:
352:
342:
338:
336:
331:
326:
324:
323:Seventy-first
320:
316:
312:
304:
302:
300:
294:
291:
289:
285:
281:
277:
273:
269:
261:
259:
257:
253:
249:
245:
241:
237:
228:
225:
222:
218:
214:
205:
201:
197:
193:July 25, 1876
185:
181:
176:
172:
167:
166:15th district
160:
159:14th district
156:
152:
149:
146:
140:
137:
134:
128:
122:
117:
114:
109:
105:Member of the
103:
100:
97:
91:
88:
85:
79:
73:
68:
65:
60:
56:
43:
38:
31:
19:
1097:
1062:
1031:
1001:
994:
985:
976:
967:
958:
949:
943:
934:
925:
897:
883:
869:
855:
849:. p. 9.
846:
836:
821:
807:
793:
761:
750:
739:. Retrieved
729:
718:. Retrieved
708:
697:. Retrieved
693:the original
688:
665:. Retrieved
650:
643:
632:
622:
618:
607:
603:
594:
570:
557:
523:. Retrieved
512:
481:Pennsylvania
462:
443:
426:Der Stuermer
424:
413:Drew Pearson
398:
396:
392:
377:
363:
351:Paul Warburg
347:
330:McFadden Act
327:
308:
295:
292:
276:Pennsylvania
265:
252:McFadden Act
248:Pennsylvania
235:
234:
208:(1936-10-01)
154:Constituency
143:Succeeded by
120:
113:Pennsylvania
94:Succeeded by
87:Edmund Platt
71:
1392:1936 deaths
1387:1876 births
1317:St. Germain
319:Sixty-sixth
317:during the
131:Preceded by
82:Preceded by
1381:Categories
1347:Hensarling
1111:1923–1935
1076:1915–1923
741:2010-01-31
720:2010-01-31
699:2007-09-15
525:2022-03-13
504:References
366:Bonus Army
262:Early life
240:Republican
224:Republican
189:1876-07-25
169:(1923–35)
162:(1915–23)
121:In office
72:In office
46:McFadden
1322:González
1277:Steagall
1272:McFadden
1247:Vreeland
1227:Springer
1172:Garfield
667:28 March
487:See also
449:obituary
439:Democrat
423:tabloid
321:through
284:New York
1357:McHenry
1297:Wolcott
1287:Wolcott
1237:Brosius
1212:Wilkins
1202:Buckner
1192:Buckner
1182:Maynard
1167:Pomeroy
1352:Waters
1342:Bachus
1307:Patman
1302:Spence
1292:Spence
1282:Spence
1262:Phelan
1242:Fowler
1232:Walker
1217:Dorsey
1207:Curtin
1177:Hooper
1103:from
1068:from
1009:
658:
280:Elmira
215:, U.S.
198:, U.S.
1337:Frank
1332:Oxley
1327:Leach
1312:Reuss
1267:Platt
1257:Glass
1222:Bacon
1197:Crapo
459:Death
246:from
111:from
1252:Pujo
1007:ISBN
689:Time
669:2013
656:ISBN
421:Nazi
379:Time
203:Died
183:Born
1187:Cox
1383::
984:.
966:.
933:.
908:^
845:.
775:^
677:^
593:,
583:^
556:.
534:^
483:.
479:,
475:,
441:.
411:.
361:.
301:.
290:.
282:,
274:,
270:,
48:c.
1148:e
1141:t
1134:v
1015:.
744:.
723:.
702:.
671:.
613:.
562:.
528:.
191:)
187:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
