Of course, the Democrats could not tolerate such accusations, so it took more than a month for several Democratic congressmen to come up with their own set of plans, but they did not directly publish this plan, but first discussed it within the Democratic Party. Naturally, there have been many revisions to this discussion. However, under the auspices of those who have a heart, revisions have been made and revisions, and in the end, except for the difference in wording, the basic ideas of Morgan and Scrooge are reflected in this version of the plan.

This program is not much different from the previous Republican program in the first and second points, but in terms of how to organize this central bank, their approach is a little different:

According to the Democrats' plan, the central bank (in order to distinguish itself from the Republicans, they named this bank the Federal Reserve Bank of the United States, or the Federal Reserve for short. The architecture is very interesting. The Federal Reserve is established in China. Flourishing. The Federal Reserve of Don and 12 Federal Reserve Banks in various regions of the United States. The Fed's main monetary policy is set by the members of the Federal Reserve Board and the chairman of the Federal Reserve Bank. to avoid excessive concentration of policy decision-making power in a few regions (e.g. Hua. Flourishing. Don and New York).

In order to avoid monetary policy being completely manipulated by the federal government, the Fed adopts a dual organizational structure of federal government agencies and non-profit institutions. According to Democrats, this minimizes the chances of abuse by the federal government, because the Fed has seven reserve committee members, but the 12 Federal Reserve banks have 12 chairmen. Without their consent, the federal government cannot make any decisions.

In order to prevent any one party or president from having too much influence over the Federal Reserve, the draft stipulates that all seven executive members of the Federal Reserve must be nominated by the president and confirmed by Congress before they can take office. Each executive member is appointed for a term of 14 years and cannot be re-elected upon arrival, and the President does not have the power to remove the executive member from office once he or she has taken office. If they need to be removed, two-thirds of the members of the National Assembly must vote to do so.

The terms of office of the other seven executive members need to be separated by two years. For example, if the term of office of the first member starts in 2012, then the term of office of the second member starts in 2014, the term of office of the third member starts in 2016, and so on. Therefore, in the four-year term of the President of the United States, only a maximum of two executive members will end their terms, and it is up to the President to decide who will be replaced. The Fed's tenure schedule has largely limited the president's ability to control committees. The Executive Committee of the Federal Reserve can be nominated by the President to serve as Fed Chairman or Vice Chair for a four-year term. After the president nominates the chairman and vice president, he must also obtain congressional approval before he can take office. Once in office, the President and Vice-Presidents cannot be removed by the President alone during their term of office, and must obtain two-thirds of the votes of the National Assembly to pass the Guò. In this way, once these members come to power, they hardly need to look at the face of the president, and even do not need to look at the face of Congress, (it is not easy for Congress to reach 2/3 of the votes), and they can work independently, which makes the federal government's control over him decrease, but in fact, it also makes them easier to be bought by capital, and after being bought, they can be more and more unscrupulous when serving the funders. Of course, neither politicians nor the media will ask this question.

In order to prevent one region from relying on its economic strength to control the envisioned Fed, the plan provides that the 12 Federal Reserve Banks will be scattered throughout the country. Democrats have divided the United States into 12 major regions, each with a Federal Reserve Bank to maintain regional balance.

In order to avoid being both a referee and an athlete, the scheme also stipulates that the Federal Reserve Bank of each region is a non-governmental, non-profit, private organization. The Reserve Bank of various regions issues shares to his member banks. However, owning Reserve Bank shares is completely different from owning shares in private companies. Reserve banks do not operate for profit, and owning a certain number of their shares is a requirement to become a member of their system under the law. Shares cannot be sold, traded, or used as collateral for loans.

On the face of it, it would ensure that the shares would not be sold to wealthy people from other regions. Thus ensuring regional interests. But in reality, although such shares are not tradable, the banks that own them can be traded. As long as you can take these banks, the stocks will naturally fall into your hands, and the crucial position of the chairman of the Federal Reserve Bank will naturally fall into your hands. And to do this, neither for Morgan nor for Scrooge, and even in private, they have already allocated places. And as long as these twelve places are controlled, and then one or two executive members are bribed, they can basically manipulate the country's economic policy.

In general, this plan is quite strict for the control of public power, as for the prevention of capitalists? It's basically just a show.

However, no member of parliament would be stupid enough to raise this issue. Not only the Democratic congressmen who reviewed the draft, but even after the draft was made public, the Republican congressmen did not raise such questions, and the mainstream media only vigorously discussed whether this plan could really limit public power, and almost did not mention a word about preventing capitalists.

After this plan came out, the Republicans also pretended to pick a lot of thorns in the eggs, and the Democrats, of course, also ridiculed each other, and the two sides tore back and forth in the newspapers for about half a month. In the end, the Republican voice is getting weaker, and the Democrats are on the verge of victory on this issue.

According to the plan, the Democratic Party began to take advantage of the victory and formally introduced the draft in Congress......

……

"Scrooge, lately the public has paid so much attention to this bill that some people have already seen some problems." Morgan told Scrooge in a secret meeting, "My people have gotten some leaflets from anarchists or socialists, and they've basically revealed the back door that left the plan for us. I think now we're going to have to keep the damn guys' propaganda small, and on the other hand, we're going to have to divert the public's attention from it...... What do you think? ”

"I agree with you, Mr. Morgan. Now we need to make a big news story and turn the public's attention to that thing. Scrooge replied.

"Looks like you already have a plan?" Morgan asked, "Are you ready?" ”

"Of course that's fine."

……

The struggle between the Cubans and the Spaniards has been intermittent and unstoppable. In 1892, representatives of the various forces of Cuba's independence movement met in New York and formed the Cuban Revolutionary Party, which aimed to expel the Spaniards by force. In 1895, they set off another uprising in Cuba, and at first the Spaniards were still good, and they also invented the method of "collecting armor and tuning" to build concentration camps, and put a large range of ordinary people into concentration camps to isolate the guerrillas from ordinary people. (Later, the British borrowed this trick when dealing with the guerrilla warfare of the Boers, and later, the Japanese also used this trick in the northeast to deal with the Anti-Japanese Union, and later, the United States also learned this trick during the Vietnam War.) With this hand, they could barely defend themselves. However, at the end of the year, after the conflict between the Transvaal Republic and Britain intensified, the Cuban rebel army suddenly received a large amount of military aid, and the Spaniards immediately suffered tragedy, and the Cuban rebel army was victorious. The concentration camps were almost completely liberated by the rebels, and the Spanish army was not to say that it could not stand in eastern Cuba, the base of the rebels. Even in the west, the situation is becoming increasingly difficult. By the second half of 1997, they had even fallen to the point where fewer than 10 people were afraid to go out.

Since the defeat of the Janssen expedition by the Transvaal Republic, American support for Cuba has become more and more unbridled. They seemed to be using this to test the reaction of the British, and the British, who were committed to the settlement of South Africa, did not make any substantive move other than a few innocuous declarations, which emboldened the Americans. It has even developed to the point that the ships of the U.S. Navy sailed directly into ports already under the control of the insurgents under the pretext of "protecting the diaspora" and provided them with provisions. Or they ran to the port that was still under Spanish control to demonstrate to the Spaniards, and by the way, to contain the Spanish navy.

In the original history, it was during such an event that the US Navy's second class battleship USS Maine suddenly exploded and sank in Havana. The United States thus accused Spain of launching a terrorist attack (just as the United States later accused Silly of supporting the 911 attacks) and used this as an excuse to declare war on the Spaniards.

In this era, because of the influence of Scrooge, the second class battleship has disappeared from the US Navy, and the current Maine is already an armored cruiser with a displacement of up to 14,000 tons, using gas turbines, and a speed of up to 24 knots. Sending such a ship to Havana to blow it up, of course, would definitely cause the anger of the American people and definitely bring war, but damn it, unlike the original history, this ship is now being sent to the Pacific. So it's almost impossible to repeat the Maine incident in history.

But that's not a problem, Scrooge doesn't care, and neither does the Lord. Because there are other warships in the US Navy...... R1058