This volume presents a detailed brief related to the “Money Trust Investigation, ” prepared on behalf of the New York Stock Exchange. The investigation, conducted in the early 20th century, examined the concentration of financial power in the hands of a few powerful bankers and institutions. This brief provides a defense of the New York Stock Exchange's role in the financial system and offers insights into the economic and regulatory debates of the era.
Authored by John G. Milburn and Walter F. Taylor, this document offers a valuable historical perspective on the structure and function of financial markets during a period of significant economic and social change. It remains relevant for understanding the ongoing discussions about financial regulation, market stability, and the role of large financial institutions.
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