Word: coughlinism
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Dates: during 1930-1939
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Disillusion was slow but sure. Priest Coughlin is bitter in his hatred of the Federal Reserve System and its banker-managers. By last March he was calling the New Deal a flat failure largely because "President Roosevelt has compromised with the money changers." His savage attack in Cleveland last week led observers to believe that the President would have to step to the Coughlin whip or count the Priest lost...
...Priest Coughlin thus pronounced himself a match for not merely one President but ten for he had already let it be known that he would be the sole head & front of the National Union. Last month he promised to "select, not elect" a guiding National Council of Twelve within ten days, to name the Union's Michigan State Committee at the Cleveland rally. He left Cleveland with neither a Michigan nor an Ohio committee named. He had decided meantime that the lieutenants of his political machine would, like Ku Klux Klansmen, be masked in secrecy. Reason, as explained...
...more than the ordinary yearnings of a Priest toward applied Christianity had young Rev. Charles E. Coughlin, when he was assigned in 1926 to organize a new parish in the Detroit suburb of Royal Oak. A Klan cross burning before his church door turned him to fighting bigotry by radio. For two years he preached simple gospel and his mail grew slowly to 4,000 letters per week. Having imbibed the social doctrines of Pope Leo XIII, he determined to descend from moral generalities to hard social particulars. With uncommon eloquence he articulated popular discontent. When he reviled unemployment, mass...
Times were economic and Priest Coughlin's economics were largely of the heart. He needed facts & figures. In Manhattan in 1932 he met George L. LeBlanc and Robert M. Harriss, unorthodox Wall Streeters who believed the Road to Recovery lay through the Vale of Dollar Devaluation and the Slough of Silver Remonetization. The Priest took them for his guides. Now facts & figures cascaded from his tongue in musical billions, and he had a creed: "There is enough of everything in this nation except money...
...Presidential Candidate Franklin D. Roosevelt, Priest Coughlin saw an implement for his doctrines. He campaigned fervently, and during the New Deal's youth arrayed his multimillion listeners behind the President's nationalization of gold, dollar devaluation, stock market regulation, even the Economy Act. He said, "President Roosevelt is not going to make a mistake, for God Almighty is guiding...