Stock Market a smoking ruin! (link)
Who is Mabel Willebrandt? She was the Joan Galt of Prohibition who gave the looters exactly what they asked for in the year Ayn Rand was married to a U.S. citizen. Willebrandt had in August and September published “The Inside of Prohibition” as a column syndicated in 21 newspapers across the USA. In it she explained how the income tax was used to arrest drug and alcohol purveyors juries would not convict for prohibition violations. She also ripped the lid off of the Jones 5 and 10 Law (5 yrs on a chain gang and a fine worth 30 pounds of gold for having liquor) passed two days before Hoover swore to fine and imprison the entire U.S. population if that’s what it took to enforce it.
So on our way to page 12 to see if Willebrandt’s column on drug and beer agents with tommy guns will be mentioned or ignored, we see this gem:
Jones 5 and 10 Increased Penalties Law, 02 March 1929
This Senator Wesley Livsey Jones was the Pacific Northwest’s White Terror. His coastwise shipping law was a prohibition law in disguise, as it restricted who could operate vessels near U.S. coasts. But the Post-Crash article says nothing about Wesley Livsey Jones’ dry fanaticism. THAT went without saying. Now we come to the narc and taxMAN Hoover chose to replace America’s feminist prosecutor–now resigned from her dead-end job in disappointment.
Reasons to expect a Great Depression (link)
The article reports that…
Friends of the Administration describe Mr Youngquist as a firm believer in the dry cause. They also say his record as enforcement officer of Minnesota is excellent.
Besides enforcement of the Volstead Act, Mr Youngquist will have charge of enforcement of the internal revenue laws and the narcotic laws. He would have a much enlarged responsibility if and when the prohibition enforcement unit is transferred from the Treasury to the Justice Department.
Mr Youngquist was selected on recommendation of Attorney-General Mitchell and was among half a dozen men whom the President considered for the place. One of these is also believed to have been Hugh M Alcorn, State’s Attorney of Connecticut, but he was eliminated because of a disagreement among Republican leaders of Connecticut over his appointment.
Friend of Volstead
G.A. Youngquist… named to succeed Mrs Mabel Walker Willebrandt as Assistant Atorney General in charge of prohibition inforcement, is a close friend of Andrew Volstead and S.B. Kvale, in charge of prohbition in the northwest district.
Youngquist is 44 years old.
So the nation’s top prosecutor resigned, wrote a tell-all that explained how the Administration would topple the economy to exorcise the Demon Beer. Investors saw clearly that the economy would indeed be crushed and money fled banks and brokerages. The elevation of the most ruthless and fanatical Inquisitors, beginning with Younguist, fair-haired boy of the author of the Volstead prohibition law of The Night of January Sixteenth, began.
This was America’s Gestapo directing hordes of agents with holy crosses and service pistols to break in doors, tap phones, audit tax returns, arrest physicians and indict the worlds largest yeast, glucose, sugar and chocolate corporations on felony conspiracy charges. This is what PROMPTED the flight of money BEFORE the looting, torture, murder and imprisonment bulked up beginning in November of 1929.
Get the complete story in Prohibition and The Crash on Amazon Kindle in two languages
Prohibition and The Crash, on Amazon Kindle
I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us
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