"The government is coming to be something just like an insurance company and accordingly it is coming to behold the people, mainly the poor, as so many clients and beneficiaries."
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About Carter Glass
Carter Glass was an American newspaper publisher and politician. He served in the U.S. House of Representatives and the U.S. Senate, representing Virginia. Glass was the Secretary of the Treasury under President Woodrow Wilson and was known for his work on financial reform legislation. He was instrumental in the creation of the Federal Reserve System and played a key role in the passage of the Glass-Owen Federal Reserve Act.
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