Senator Carter Glass, (1858-1946) Newspaper publisher, US Senator (D-VA), author of the Banking Act of 1933, U.S. Secretary of the Treasury under President Woodrow Wilson. Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page Senator Carter Glass Quote “Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including the merchants, the industries, and the mills of the country?”Senator Carter Glass ~ Senator Carter Glass (1858-1946) Newspaper publisher, US Senator (D-VA), author of the Banking Act of 1933, U.S. Secretary of the Treasury under President Woodrow Wilson.during Senate debate on the Banking Act of 1933 (Glass-Steagall Act) [source: Rixey Smith and Norman Beasley, Carter Glass: A Biography (1939)]Ratings and Comments Reply Al, DC 8/7/12 return the Glass-Steagall Act! Reply jim k, Austin, Tx 8/7/12 The American people should not be taxed to guarantee any debts, including General Motors. Reply Mike, Norwalk 8/7/12 As a stand alone statement, ABSOLUTELY ! and the answer to the question is ABSOLUTELY NOT ! ! ! Reply Jim K, Austin 10/28/21 SaveOk2 SaveOk2 View CommentsClick to view or comment. Share on Facebook Tweet Email Print This Senator Carter Glass quote is found in these categories: About Senator Carter Glass Bio of Senator Carter Glass Quotations by Senator Carter Glass Books by/about Senator Carter Glass Senator Carter Glass videos Senator Carter Glass on Wikipedia Astrological chart for Senator Carter Glass