Henry Ford：My Life and Work, Additional Excerpt 286

Two facts of the old order are fundamental. First: that within the nation itself the tendency of financial control is toward its largest centralized banking institutions--either a government bank or a closely allied group of private financiers. There is always in every nation a definite control of credit by private or semi-public interests. Second: in the world as a whole the same centralizing tendency is operative. An American credit is under control of New York interests, as before the war world credit was controlled in London--the British pound sterling was the standard of exchange for the world's trade.

Source： https://www.gutenberg.org/ebooks/7213
Locator：Additional excerpt 286 · Verified：2026-10-19 · Verification：Short excerpt

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