“. . . By January, 1913 [Miller] had completed arrangements to open a bank in each State of the Commonwealth, and also an agency in
“In those few simple words was the charter of the Bank, and the creed of
“. . . One of the first demonstrations of his vigor came when the
“They then decided to approach
“There was a hurried meeting of the principal bankers. Some reported that there were signs that a run was already starting. Denison Miller then said that the Commonwealth Bank on behalf of the Commonwealth would support any bank in difficulties. . . . That was the end of the panic. But it put Miller on the box seat. Now, for the first time, the Commonwealth Bank was taking the lead. It was giving, not taking, orders. . . .
Special thanks to Peter Myers for reproducing major portions of Jack Lang’s book in his weekly newsletter.
Ellen Brown developed her research skills as an attorney practicing civil litigation in