[Watertown, South Dakota]: [H. L. Loucks], ©1916. Second edition. 8vo., blue cloth boards stamped in gilt to front board and spine, 296,  pp, diagrams. Cloth a trifle rubbed, spine gilt dulled, corners gently bumped, some discoloration along joint, two instances of marginalia, VG overall. Lacking the dust jacket if initially issued with one. A scarce title with only two copies of any edition found in OCLC (Univ. of Hawaii & Toronto).
An expose of the conspiracy in place since 1862 of what the author calls The House of Morgan (“a group of avaricious, conscienceless financiers”) to control the issuance of money through the Federal Reserve. The author suggests a system of national bank credits implemented by a new National Party immune to the control of the House of Morgan.
Henry Langford Loucks (1846-1928) was a Canadian-born farmer, journalist and political activist who moved to the Dakota Territory in 1884. He became a prominent activist in the Populist party and was the national president of the Southern Farmers’ Alliance. He authored numerous books on finance and the credit system and their effect on agriculture. Item #06786