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Pujo Committee
The Pujo Committee was a United States congressional subcommittee which was formed between May 1912 and January 1913 to investigate the so-called "money trust", a community of Wall Street bankers and financiers that exerted powerful control over the nation's finances. After a resolution introduced by congressman Charles Lindbergh Sr. for a probe on Wall St. power, Arsène Pujo of Louisiana obtained congressional authorization to form a subcommittee of the House Committee on Banking and Currency.
==Background==
Beginning in the late 1800s, a concern regarding the power of bankers and monopolies began to grow. This led to a breaking point in July 1911, when Senator Charles August Lindbergh asserted that a banking trust existed within the United States and that it should be investigated.〔"The 'Money Trust.'" ''The New York Times'', July 24, 1911.〕 A move to create an investigation was then made on February 7, 1912, when the democratic Money Trust Caucus decided to pass House Resolution 405.〔"To Investigate the Money Trust." ''The New York Times'', February 8, 1912.〕 Not long after this resolution's passage, amendments followed placing the investigation of the Money Trusts into the hands of then-chairman of the Banking and Currency Committee, Arsène Paulin Pujo of Louisiana. Pujo submitted a resolution, later amended and passed by a vote of 268-8, to establish the footing upon which the rest of the investigation would base itself.
As early as December 12, 1911, the lawyer Samuel Untermyer supported the creation of such an investigation, encouraging Lindbergh to continue fighting for its creation despite early setbacks. Untermyer, a strong proponent of the investigation himself, eventually came to be the committee's counsel.〔"Untermyer to Lead Money Trust Inquiry." The New York Times, January 12, 1912. See also page 53 of Pujo Committee Report and "Plan Inquiry Into the 'Money Trust,'" The New York Times, December 22, 1911.〕 Despite being called the Pujo Committee, in March 1912, approximately a month after it received authorization, Pujo's wife became ill, forcing him to take an indefinite leave of absence from the investigation. His successor was Representative Hubert D. Stephens of Mississippi.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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