... the Wall Street Journal ran a 14-part editorialon its front page (written by Conant) arguing the case for a central bank.This institution would regulate “the ebb and flow of capital,” and stabilizethe ... deviation from it as aber-rant, scandalous, and avoidable. The projects and politics of militarism and imperialism, of racial and cultural rivalries, of monopolies, restrictions, and exclusion, ... the security of his fortunes withthe good faith of the townspeople of any substantial municipality in anycontinent that fancy or information might recommend. He could secureforthwith, if he...