CONTENTS (page numbers will be inserted when formatting is complete)

Letter of transmittal .......................................................................................... Page x
“The Patman Crusade” by Prof. Seymour E. Harris, Harvard University ......... Page x
Chapter II: What Is Money? ..........................................................................
Chapter III: How Is Money Created? ..............................................................
Chapter IV: Why Was the Federal Reserve Act Passed? .................................
Chapter V: Who Determines the Money Supply? ..........................................
Chapter VI: Who Owns the Federal Reserve Banks? ......................................
Chapter VII: Why Was the Federal Deposit Insurance Act Passed? .................
Chapter VIII: How the Federal Reserve Gives Away Public Funds to
the Private Banks .........................................................................
Chapter IX: What Is Monetary Policy? .............................................................
Chapter X: What improvements are needed in the Money System? ..............
Index .....................................................................................................................

Perhaps the following will help you -- but, remember, you can’t be sure the author of whatever
you are reading has used the words in this way.

From: New Oxford American Dictionary -- under “financial”

THE RIGHT WORD
What’s the difference between a financial crisis and a fiscal one? It all depends on who’s having
trouble with money and the scale of the difficulties.

Financial usually applies to money matters involving large sums or transactions of considerable
importance: (the auction was a financial success.

Fiscal refers specifically to the financial affairs of a government, organization, or corporation:
(the end of the company’s fiscal year), while pecuniary refers to money matters of a more personal
or practical nature and is preferred to financial when money is being discussed on a smaller scale:
pecuniary motives; pecuniary assistance; pecuniary difficulties).

Of all these words, monetary refers most directly to money as such and is often used when discussing
the coinage, distribution, and circulation of money: the European monetary system; the monetary unit of a country).