A Rare Recording of Father Charles Coughlin Discussing The Federal Reserve Bank

Father Charles Coughlin was a controversial Canadian-American Catholic priest based in Michigan. Calling for monetary reforms, the nationalization of major industries and railroads, and protection of the rights of labor, Coughlin used weekly radio broadcasts to reach a mass audience of up to thirty million listeners during the 1930s. An early supporter of Franklin D. Roosevelt and his New Deal, Coughlin later became a harsh critic. After the outbreak of World War II in 1939, the Roosevelt administration finally forced the cancellation of his radio program and forbade the dissemination of his newspaper, Social Justice. In this recording, Father Charles Coughlin discusses the Federal Reserve Bank and its impact on the American economy.