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Money Trust’s Web of Deceit Exposed in Scathing Congressional Hearing

February 6, 1913 – In a shocking turn of events, the Money Trust investigating committee, a group tasked with rooting out financial corruption, heard the testimony of James J. Hill, one of the nation’s most powerful bankers, in a scorching hearing that laid bare the inner workings of the money trust. Hill’s testimony was just the tip of the iceberg, as several other bankers were also grilled by the committee, revealing a complex web of deceit and corruption that has been hiding in plain sight for years.

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