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Arthur Kitson

Arthur Kitson was a British monetary theorist and inventor.

Early life
Arthur Kitson, ME, was born in London, England. He was the fourth son of James Kitson of London, and cousin of Sir James Kitson, Baronet. Arthur was educated by private tutors and at King's College, London, where he won the Whitworth scholarship in a competitive examination, being second out of 600 contestants. He came to the United States immediately after college, and worked for the Baldwin Locomotive Company of Philadelphia. He married Fannie Ernestina Aschenbach in Spring Garden, Philadelphia on 25 March 1886. They had seven children but eventually divorced. Arthur Kitson knew the Democrat politician William Jennings Bryan and worked for Bryan's 1896 presidential campaign in Pennsylvania. ==Career==
Career
Kitson was the managing director of the Kitson Empire Lighting Company of Stamford, Lincolnshire, and he held many patents. In 1901, he invented the vaporised oil burner. The fuel was vaporised at high pressure and burned to heat the mantle, giving an output of over six times the luminosity of traditional oil lights. This device was later improved by David Hood at Trinity House. ==Banking research==
Banking research
Kitson was invited to contribute to the Cunliffe Committee on Currency and Foreign Exchange Rates in January 1919. In place of oral testimony, he published his criticism at his own expense and furnished copies to every member of the committee. He later formed the Economic Freedom League with Frederick Soddy and was active in this venture through the 1920s. ==Later life==
Later life
He was declared bankrupt in 1925. ==Kitson's antisemitism and fascism==
Kitson's antisemitism and fascism
Kitson became convinced Jewish bankers were the cause of his bankruptcy and most of the world's miseries. He sent Ezra Pound a copy of The Protocols of the Elders of Zion even before Pound changed from a money radical to a notorious anti-Semite. ==Works==
Works
A Scientific Solution of the Money Question. Arena Publishing Company, 1895. • The Money Problem. Grant Richards, 1903. • Industrial Depression: Its Causes and Cure. Fisher Unwin, 1905. • An Open Letter to the Right Hon. David Lloyd George. J. M. Dent & Sons, 1911. • Trade Fallacies: A Criticism of Existing Methods, and Suggestions for a Reform Towards National Prosperity. P. S. King & Son, 1917. • A Fraudulent Standard. P. S. King & Son, 1917. • "The Minimum Wage" (letter). The New Age, Vol. X, No. 18, February 1912, p. 428. Full issue available. • "Gold and State Banking." The New Age, Vol. XI, No. 13, 1912. • "A Successful Experiment." The New Age, Vol. XI, No. 26, 1912. • "The Root of All Evil." The New Age, Vol. XII, No. 17, 1913. • "The 20th Century Napoleon." The New Age, Vol. XIII, No. 13, 1913. • "Legislative Quackery." The New Age, Vol. XIV, No. 11, 1914. • "The War and the Prophets." The New Age, Vol. XV, No. 18, 1914. • "The Russian Myth." The New Age, Vol. XV, No. 23, 1914. • "German Kultur." The New Age, Vol. XVI, No. 2, 1914. • "Messrs. Facing-Bothways", The New Age, Vol. XVII, No. 10, 1915. • "The Psychological Factor." Land & Water, 4 December 1915. • "The Financial Factor." Land & Water, 30 December 1915. • "Treasury Notes: Their Present Advantage and Permanent Value." Land Water, Vol. LXVII, No. 2830, 3 August 1916. • "Labour, Capital and the State." Land & Water, Vol. LXVIII, No. 2839, 5 October 1916. • "Property and the State." Land & Water, Vol. LXVIII, No. 2843, 2 November 1916. • "The Coming Trade War." Land & Water, Vol. LXVIII, No. 2847, 30 November 1916. • "Psychology of the Workshop." Land and Water, Vol. LXIX, No. 2856, 1 February 1917. • "The New Morality." Land & Water, Vol. LXIX, No. 2876, 21 June 1917. • "The Perils of Restriction." Land & Water, Vol. LXIX, No. 2888, September 1917. • "Our Invisible Rulers." National Review, January 1920. • "The Trade Slump." The English Review, No. 147, February 1921, pp. 122-136. "An address delivered before the Business Club of Birmingham." • "The Trade Slump, Its Cause and Its Cure." Industrial Development and Manufacturers Record, Vol. LXXIX, No. 9, 3 March 1921, pp. 134-138. "An address delivered before the Business Club of Birmingham." • "Farewell to Gold." The Living Age, November 1931. • "The Bankers' Conspiracy." The Living Age, February 1934, pp. 496-502. ==Further reading==
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