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In His Article "The Case Against the Reds" in Forum

question 19

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In his article "The Case against the Reds" in Forum magazine in 1920 (Document 21.1) , Attorney General A. Mitchell Palmer declared that "[r]obbery, not war, is the ideal of communism. This has been demonstrated in Russia, Germany, and in America." What was Palmer comparing communism to?


Definitions:

Bond Prices

Bond prices refer to the market value of a bond, which can fluctuate based on interest rates, the creditworthiness of the issuer, and other market factors.

Developing Countries

Nations with a lower living standard, undeveloped industrial base, and low Human Development Index relative to other countries.

Stock Exchanges

Marketplaces where stocks (shares of ownership in businesses) are bought and sold by investors.

Open Auctions

A market mechanism in which prices are determined through bids and offers made openly by participants, often in real-time.

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