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Father Coughlin Speaks Against the Federal Reserve ! (1930's)

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Coughlin founded the National Union for Social Justice, an organization with a strong following among nativists and opponents of the Federal Reserve, especially in the Midwest. As Kazin notes, Coughlinites saw Wall Street and Communism as twin faces of a secular Satan. They defended a "people" who cohered more through piety, economic frustration, and a common dread of powerful, modernizing enemies than through any class identity.

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