“A
theft of greater magnitude and still more ruinous, is the making of
paper money; it is greater because in this money there is absolutely no
real value; it is more ruinous because by its gradual depreciation
during the time of its existence, it produces the effect which would be
proration of the coins. All those iniquities are founded on the false
idea the money is but a sign.”- Count Destutt de Tracy, 1754-1836
“If
ever again our nation stumbles upon unfunded paper, it shall surely be
like death to our body politic. This country will crash.”- George Washington, 1732-1799
“The
few who understand the system, will either be so interested from its
profits or so dependent on its favors, that there will be no opposition
from that class.” . . . “Let me issue and control a nation’s money and I care not who writes the laws.” - Mayer Amschel Bauer Rothschild, 1744-1812
“All the perplexities, confusion and distresses in America arise not
from defects in the constitution or confederation, nor from want of
honor or virtue, as much from downright ignorance of the nature of coin,
credit, and circulation.” - John Adams, 1735-1826, letter to Thomas Jefferson.
“If
the American people ever allow private banks to control the issue of
their currency, first by inflation, then by deflation, the banks…will
deprive the people of all property until their children wake-up homeless
on the continent their fathers conquered…. The issuing power should be
taken from the banks and restored to the people, to whom it properly
belongs.” . . . “Paper is poverty. It is the ghost of money and not money itself.”- Thomas Jefferson, 1743-1826
“History
records that the money changers have used every form of abuse,
intrigue, deceit, and violent means possible to maintain their control
over governments by controlling money and its issuance.” – James Madison, 1751-1836
“When
a government is dependent upon bankers for money, they and not the
leaders of the government control the situation, since the hand that
gives is above the hand that takes… Money has no motherland; financiers
are without patriotism and without decency; their sole object is gain.” –
Napoleon Bonaparte, 1769-1821, a sympathizer for the international bankers, turned against them in the last years of his rule.
“Nothing
but widespread suffering will produce any effect on Congress… Our only
safety is in pursuing a steady course of firm restriction – and I have
no doubt that such a course will ultimately lead to restoration of the
currency and the re-charter of the bank.” - Nicholas Biddle, (1786-1844), Banker and American financier
[Speaking
about international bankers] “You are a den of vipers! I intend to rout
you out, and by the Eternal God I will rout you out. If the people only
understood the rank injustice of our money and banking system, there
would be a revolution before morning.” .
. . “If congress has the right under the Constitution to issue paper
money, it was given them to use themselves, not to be delegated to
individuals or corporations.”- President Andrew Jackson, 1829-1837
“A power has risen up in the government greater
than the people themselves, consisting of many and various powerful
interests, combined in one mass, and held together by the cohesive power
of the vast surplus in banks.” – John C. Calhoun, Vice President (1825-1832) and U.S. Senator, from a speech given on May 27, 1836
“The world is governed by very different personages from what is imagined by those who are not behind the scenes.” – “Coningsby, the New Generation”, Benjamin Disraeli, first Prime Minister of England, 1844
“Of
all the contrivances for cheating the laboring classes of mankind, none
has been more effective than that which deludes them with paper money.”
. . . “We are in danger of being overwhelmed with irredeemable paper,
mere paper, representing not gold nor silver; no sir, representing
nothing but broken promises, bad faith, bankrupt corporations, cheated
creditors and a ruined people.” – Daniel Webster, circa 1845, leading American statesman
“When
plunder becomes a way of life for a group of men living together in
society, they create for themselves in the course of time, a legal
system that authorizes it and a moral code that glorifies it.” – Economic Sophisms, Frederic Bastiat 1801-1850
I have two great enemies, the Southern
Army in front of me and the bankers in the rear. Of the two, the one at
my rear is my greatest foe. – Abraham Lincoln
“I
see in the near future a crisis approaching that unnerves me and causes
me to tremble for the safety of my country. As a result of the war,
corporations have been enthroned and an era of corruption in high places
will follow, and the money power of the country will endeavor to
prolong its reign by working upon the prejudices of the people until all
wealth is aggregated in a few hands, and the Republic is destroyed. I
feel at this moment more anxiety for the safety of my country than ever
before, even in the midst of war.” – Abraham Lincoln – In a letter written to William Elkin, 1860
“The
Government should create, issue, and circulate all the currency and
credits needed to satisfy the spending power of the Government and the
buying power of consumers. By the adoption of these principles, the
taxpayers will be saved immense sums of interest. Money will cease to be
master and become the servant of humanity. ” – Abraham Lincoln, 1809-1865
“If
this mischievous financial policy, which has its’ origins in North
America, shall be endured down to a fixture, then that government will
furnish its own money without cost. It will pay off its debt and be
without debt. It will have all the money necessary to carry on its
commerce. It will become prosperous without precedence in the history of
the world. The brains and the wealth of all countries will go to North
America. That country must be destroyed or it will destroy every
monarchy on the globe.” – Editorial in the Times of London, 1862
“The
money power preys upon the nation in times of peace and conspires
against it in times of adversity. It is more despotic than monarchy,
more insolent than autocracy, and more selfish than bureaucracy.” – Abe Lincoln, 1864
“My
agency, in promoting the passage of the National Banking Act was the
greatest financial mistake in my life. It has built up a monopoly which
affects every interest in the country.” – Chief Justice of the US Supreme Court and Advisor to Lincoln, Salmon P. Chase, 1864
“The
death of Lincoln was a disaster for Christendom. There was no man in
the United States great enough to wear his boots…I fear that foreign
bankers with their craftiness and their torturous tricks will entirely
control the exuberant riches of America, and use it systematically to
corrupt modern civilization. They will not hesitate to plunge the whole
of Christendom into wars and chaos in order that the earth shall become
their (the bankers’) inheritance.” – Chancellor of Germany, Otto Von Bismarck, 1865
“I
went to America in the winter of 1872-1873 to secure, if I could, the
passage of a bill demonetizing silver. It was in the interest of those I
represented – the governors of the Bank of England, to have it done. By
1873 gold coins were the only form of coin money.” – Earnest Seyd, Agent for the Bank of England, 1873
“I
care not what puppet is placed upon the throne of England to rule the
Empire on which the sun never sets. The man that controls Britain’s
money supply controls the British Empire, and I control the British
money supply.” Baron Nathan Mayer de Rothschild, 1840-1915
“It
is advisable to do all in your power to sustain such prominent daily
and weekly newspapers, especially the Agricultural and Religious press,
as will oppose the Greenback issue of paper money and that you will also
withhold patronage from all applicants (for loans) who are not willing
to oppose the government issue of money…To repel the act creating bank
notes, or to restore to circulation the government issue of money will
be to provide the people with money and will therefore seriously affect
our individual profits as bankers and lenders. See your congressman at
once and engage him to support us, that we may control legislation.” – James Buel, American Bankers Association, 1877
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.
And when you realize that the entire system is very easily controlled,
one way or another by a few powerful men at the top, you will not have
to be told how periods of inflation and depression originate.” – President James Garfield, 1881. He was assassinated just weeks after making this statement.
“We
will answer their demand for a gold standard saying to them, ‘You shall
not press down upon the brow of labor this crown of thorns; you shall
not crucify mankind upon a cross of gold’.” . . . “The money power denounces, as public enemies, all who question its methods or throw light upon its crimes.”- William Jennings Brian, 1896
“The
fact is that there is a serious danger of this country becoming a
Pluto-democracy; that is, a sham republic with the real government in
the hands of a small clique of enormously wealthy men, who speak through
their money, and whose influence, even today, radiates to every corner
of the United States.” – William McAdoo, 1912 – President Wilson’s national campaign vice-chairman, wrote in Crowded Years
A great industrial nation is controlled by its system of credit. – President Woodrow Wilson , The New Freedom, 1913.
“I
am a most unhappy man. I have unwittingly ruined my country. A great
industrial nation is controlled by its system of credit. Our system of
credit is concentrated. The growth of the Nation and all our activities
are in the hands of a few men. We have come to be one of the worst
ruled, one of the most completely controlled and dominated Governments
in the world – no longer a Government of free opinion no longer a
Government by conviction and vote of the majority, but a Government by
the opinion and duress of small groups of dominant men…. Since I entered
politics, I have chiefly had men’s views confided to me privately. Some
of the biggest men in the U.S., in the field of commerce and
manufacturing, are afraid of somebody, are afraid of something. They
know that there is a power somewhere so organized, so subtle, so
watchful, so interlocked, so complete, so pervasive, that they had
better not speak above their breath when they speak in condemnation of
it.” – The New Freedom, President Woodrow Wilson, 1913 (after signing into passage the Glass Owen Act of 1913 that established the Federal Reserve System)
“On
September 1st, 1894, we will not renew our loans under any
consideration. On September 1st, we will demand our money. We will
foreclose and become mortgagees in possession. We can take two-thirds of
the farms west of the Mississippi as well, at our own price…Then the
farmers will become tenants, as in England.” – 1891 American Bankers Association Memo, recorded as testimony in the Congressional Record, April 29th, 1913
“This
act establishes the most gigantic trust on earth. When the president
signs this bill, the ‘invisible government’ by monetary power will be
legalized. The people may not know it yet, but the day of reckoning is
only a few years removed…The worst legislative crime of the ages is
perpetrated by this banking bill.” – Rep. Charles Lindbergh Sr.
(R, MN), father of the famed aviator, just prior to the passage of the
Glass Owen Act that established the Federal Reserve System.
(The bill was literally snuck through the congress on Dec. 22, 1913.
Many senators had already left for the holidays after being reassured by
the leadership that nothing would be done on the bill until after they
returned from their Christmas recess the following January. All
evidently believed that the congressional session had been legally
retired for their customary holiday break, but this certainly could be
construed as a ruse. And so it transpired that on December 22, 1913,
under the shepherding of President Wilson and certain congressmen of
both sides of the political spectrum, and with at least 27 Senators
absent on holiday recess, the Federal Reserve Act passed. The bill
provided for a privately owned central bank, disguised as the Federal
Reserve System, to not only issue this nation’s currency but to charge
interest against that currency. Today we owe our currant national debt
to the bank corporations that privately own the Federal Reserve Bank,
with the exception, that is, of the debt paper the Fed regularly sells
to other nations like China. The Fed accepts dollar reserves from
foreign customers and sells them US government bonds in return. This is
how the Federal Government borrows from foreign lenders. Some even
suggest this is why we are loosing control of our country.)
“To
cause high prices all the Federal Reserve Board will do will be to
lower the rediscount rate producing an expansion of credit and rising
stock market, then when business men are adjusted to these conditions,
it can check prosperity in mid career by raising the rate of interest.
It can cause the pendulum of a rising and falling market to swing gently
back and forth by slight changes in the discount rate, or cause violent
fluctuations by greater rate variation and in either case, it will
possess inside information as to financial conditions and advanced
knowledge of the coming change, either up or down. This is the strangest
and most dangerous advantage ever placed in the hands of a special
privilege class by any government that ever existed. The system is
private, conducted for the sole purpose of obtaining the greatest
possible profits from the use of other peoples’ money. They know in
advance when to create panics to their advantage, and they also know
when to stop panic. Inflation and deflation work equally well for them
when they control finance.” – Rep. Charles Lindbergh Sr. (R. MN), 1914
“Every
effort has been made by the Federal Reserve Board to conceal its power
but the truth is the Federal Reserve Board has usurped the government of
the United States. It controls everything here and it controls all our
foreign relations. It makes and breaks governments at will. No man and
no body of men is more entrenched in power than the arrogant credit
monopoly which operates the Federal Reserve Board and the Federal
Reserve banks. These evil-doers have robbed this country of more than
enough money to pay the national debt. What the Government has permitted
the Federal Reserve Board to steal from the people should now be
restored to the people.”- Rep. Lewis McFadden, (D PA) Chairman of the House Banking and Currency Committee, 1914
(McFadden rose from office boy to become cashier and then President of
the First National Bank in Canton Ohio. For 12 years he served as
Chairman of the Committee on Banking and Currency, making him one of the
foremost financial authorities in America. He fought continuously for
fiscal integrity and a return to constitutional government.)
“They
have created a super state controlled by international bankers and
international industrialists acting together to enslave the world for
their own pleasure.” – Rep. Lewis McFadden, (D PA) Chairman of the House Banking and Currency Committee, 1914
“In
March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and
powder interest, and their subsidiary organizations, got together 12 men
high up in the newspaper world and employed them to select the most
influential newspapers in the United States and sufficient number of
them to control generally the policy of the daily press….They found it
was only necessary to purchase the control of 25 of the greatest papers.
“An agreement was reached; the policy of the papers was bought, to be
paid for by the month; an editor was furnished for each paper to
properly supervise and edit information regarding the questions of
preparedness, militarism, financial policies, and other things of
national and international nature considered vital to the interests of
the purchasers.”- Oscar Callaway, U.S. Congressman, 1917
“These
international bankers and Rockefeller-Standard Oil interests control
the majority of the newspapers and the columns in those papers to club
into submission or drive out of office officials who refuse to do the
bidding of the powerful corrupt cliques which compose the invisible
government.” – Theodore Roosevelt as reported in the New York Times, March 27th, 1922
“This
warning of Theodore Roosevelt has as much timelessness today, for the
real menace to our republic is this invisible government which spreads
its tentacles like a giant octopus and sprawls its slimy length over
city, state and nation. It seizes in its long and powerful tentacles our
executive officers, our legislative bodies, our schools, our courts,
our newspapers and every agency created for the public protection…To
depart from mere generalizations, let me say that at the head of this
octopus are the Rockefeller-Standard Oil interests and a small group of
powerful banking houses generally referred to as the international
bankers. The little coterie of powerful international bankers virtually
run the United States government for their own selfish purposes. They
practically control both parties, write political platforms, make
cat’s-paws of party leaders, use the leading men of private
organizations, and resort to every device to place in nomination for
high public office only such candidates as will be amenable to the
dictates of corrupt big business. These international bankers and
Rockefeller-Standard Oil interests control the majority of newspapers
and magazines in this country.” – John Hylan, Mayor of New York City, quoted in the New York Times, 1922
“The
real menace of our Republic is the invisible government, which like a
giant octopus sprawls its slimy legs over our cities, states and nation…
The little coterie of powerful international bankers virtually run the
United States government for their own selfish purposes. They
practically control both parties, … and control the majority of the
newspapers and magazines in this country. They use the columns of these
papers to club into submission or drive out of office public officials
who refuse to do the bidding of the powerful corrupt cliques which
compose the invisible government. It operates under cover of a
self-created screen [and] seizes our executive officers, legislative
bodies, schools, courts, newspapers and every agency created for the
public protection.” - New York City Mayor John F. Hylan, New York Times, March 26, 1922
“Capital
must protect itself in every possible manner by combination and
legislation. Debts must be collected, bonds and mortgages must be
foreclosed as rapidly as possible. When, through a process of law, the
common people lose their homes they will become more docile and more
easily governed through the influence of the strong arm of government,
applied by a central power of wealth under control of leading
financiers. This truth is well known among our principal men now engaged
in forming an imperialism of Capital to govern the world. By dividing
the voters through the political party system, we can get them to expend
their energies in fighting over questions of no importance. Thus by
discreet action we can secure for ourselves what has been so well
planned and so successfully accomplished.” - USA Banker’s Magazine, August 25, 1924
“I am afraid the ordinary citizen will not like to
be told that the banks can, and do, create money…And they who control
the credit of the nation direct the policy of Governments and hold in
the hollow of their hands the destiny of the people.” ~ Reginald McKenna, former Chancellor of the Exchequer, January 24, 1924
“It
is well enough that people of the nation do not understand our banking
and monetary system, for if they did, I believe there would be a
revolution before tomorrow morning.” - Henry Ford, circa 1925
“I
see nothing in the present situation that is either menacing or
warrants pessimism… I have every confidence that there will be a revival
of activity in the spring, and that during this coming year the country
will make steady progress.” —Andrew W. Mellon, December 1929, U.S. Secretary of the Treasury
“Sell all of your stock now. Don’t ask any questions.” – Joseph P. Kennedy to his friend, father of Ed Kerrigan, 1929,
(right before the crash. During the Great Depression, Joseph P.
Kennedy’s worth grew from four million dollars in 1929 to over 100
million dollars in 1935. Apparently he had insider information and knew
what the Federal Reserve intended to do.)
“The
Federal Reserve Bank of New York is eager to enter into close
relationship with the Bank for International Settlements….The conclusion
is impossible to escape that the State and Treasury Departments are
willing to pool the banking system of Europe and America, setting up a
world financial power independent of and above the Government of the
United States….The United States under present conditions will be
transformed from the most active of manufacturing nations into a
consuming and importing nation with a balance of trade against it.”- Rep. Louis McFadden – Chairman of the House Committee on Banking and Currency quoted in the New York Times (June 1930)
“The Federal Reserve definitely caused the Great Depression by
contracting Americas’ money supply by one third between 1929 and 1933.” – Milton Friedman, Nobel Prize winning economist, Stanford University