PJ 100
CHAPTER 7
REC #1 HATONN
THU., JUN. 30, 1994 10:13 A.M. YEAR 7, DAY 318
THU., JUN. 30, 1994
CURRENT NOTICE
Let me outline a bit of happenings scheduled here so that you readers will be in sync with our schedule and limitations placed on us by these happenings.
This weekend is the most critical national period of time that you have yet faced and I don't believe we can cause the big boy bandits to "shelve" everything. We are told that Blue Beam and its incredible billions of dollars already spent--is having to be shelved and alternatives studied BECAUSE CONTACT "and that damned Commander" have told the world about the plans. Is this true? Yes and no--for there will have to be SOMETHING which will cause YOU to get yourselves sent to never-ever-land. "They" never come into a game without alternatives, friends, so watch out. They will PROBABLY attempt to use "OUR" type of presentation as they thieve every copy-cat opportunity. The problem is that THEY have hampered "lift-off" for their own use by the intense negative "evil devils" from outer space antics already played on you-the-people.
More to the attention of the moment and holiday weekend is in order here, not Blue Beam.
Word comes back from ones in Los Angeles who heard from COSTA RICA that "everybody outside the U.S. knows about the currency exchange coming this next weekend!" along with the full-takeover by the Government under NATIONAL EMERGENCY. The hope is that everybody will be attending the focus of the O.J. Simpson hearings and the World Cup playoffs and nobody will notice the bankruptcy of Japan, etc.
It is NOT ENOUGH, these things, so it is expected that there will be an earthquake somewhere in the States (and again, the plan is, to break open the San Andreas Fault along the Calif. Coast). There MUST be some type of "natural" disaster which allows National Emergency status--and currency exchange probably will not be sufficient--without toppling the entire economy. This will allow FEMA to take total control and call in "military/police help". Then, there are planned riots as the Soccer teams win or lose--doesn't matter "which". This allows full federal takeover of police forces--along with foreign troops "doing training" here--because you will be short-handed. This will allow the U.N. to take full control of all international personnel AND align them through "Emergency" with your domestic forces.
As to "international" "emergency"--Mr. Clinton, on May 27, 1994 EXTENDED the Emergency status of the U.S.--by a "Continuation of Emergency With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro)"
If you do not believe this--here is the Presidential Document and the other back-up can be obtained from Issue 21 of the Weekly Compilation of Presidential Documents, i.e., Clinton's message to Congress and other supporting material.
The body of the Presidential Document is as follows and it is signed (I do not wish to take time to set it up--but probably CONTACT will run a copy [see next page].):
Notice of May 25, 1994 (Placed in the Federal Register, Vol. 59, No. 107 [as nearly as we can read the copy] on Friday, May 27, 1994.)
* * *
From the office of The President:
Continuation of Emergency With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro)
On May 30, 1992, by Executive Order No. 12808, President Bush declared a national emergency to deal with the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States constituted by the actions and policies of the Governments of Serbia and Montenegro, blocking all property and interests in property of those Governments. The President took additional measures to prohibit trade and other transactions with the Federal Republic of Yugoslavia (Serbia and Montenegro) by Executive Orders Nos. 12810, 12831, and 12846, issued on June 5, 1992, January 15, 1993, and April 25, 1993, respectively. Because the Government of the Federal Republic of Yugoslavia (Serbia and Montenegro) has continued its actions and policies in support of groups seizing and attempting to seize territory in Croatia and Bosnia-Herzegovina by force and violence, the national emergency declared on May 30, 1992, and the measures adopted pursuant thereto to deal with that emergency, must continue in effect beyond May 30, 1994. Therefore, in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622[d]), I am continuing the national emergency with respect to the Federal Republic of Yugoslavia (Serbia and Montenegro).
This notice shall be published in the Federal Register and trans-mitted to Congress.
Signed: William J Clinton
THE WHITE HOUSE
May 25, 1994
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[H: Emphasis above, mine. Now readers, the next may well hold more importance than the above]
* * *
103RD CONG. STATUS PROFILE FOR
S.J. RES. 112
BRIEF TITLE........... COLLECTIVE SECURITY PARTICIPATION
RESOLUTIONS
SPONSOR............ Biden
DATE INTRODUCED.... July 14, 1993
SENATE COMMITTEE.. Foreign Relations
OFFICIAL TITLE.... A joint resolution entitled the "Collective Security
Participation Resolution"
July 14, '93 Referred to Senate Committee on Foreign Relations.
CO-SPONSORS........ 3 CURRENT COSPONSORS
AS INTRODUCED.... Pell, Boren, Simon
BILL DIGEST...... July 14, '93. Collective Security Participation Resolution--Urges the President to initiate discussions among the United Nations Security Council, General Assembly, and Military Staff Committee leading to negotiations of special agreements for international peace and security pursuant to the United Nations Charter and under which designated forces from various countries would be available for the Security Council.
Affirms a commitment made to the General Assembly by President Bush to Make bases and facilities available to the Security Council for multinational training of forces.
Reaffirms that congressional approval of such an agreement WILL PROVIDE THE PRESIDENT WITH YULL AUTHORITY TO DIRECT THE U.S. ARMED FORCES TO BE EMPLOYED AS NECESSARY TO SUPPORT DECISION OF THE SECURITY COUNCIL.
* * *
Emphasis mine. The "reaffirms" in paragraph 3 indicated "congressional approval of such agreement". Therefore, it is all done and LEGAL--without having to do a damned thing--including bring it before Congress!
Next let us share a "fact" with you that makes even more dastardly deeds OBVIOUS AND "YOU" UNABLE TO FIND OUT ANYTHING ABOUT THEM:
NSDD (National Security Decision Directives)
"NSDD 138 SIGNED BY PRESIDENT REAGAN ON APRIL 3, 1984 ESTABLISHING A NEW NATIONAL POLICY. ALTHOUGH THEY BEAR THE PRESIDENT'S SIGNATURE, NATIONAL SECURITY DECISION DIRECTIVES SUCH AS NSDD 138, ARE NOT REQUIRED TO BE PUBLISHED IN THE FEDERAL REGISTER. "NSDD 138," for instance, "is a CLASSIFIED DIRECTIVE POLICY combating terrorist acts." In other words, these directives are NEVER allowed to come to your attention in the public because of NATIONAL SECURITY! Good Luck, America!
SCRIBE WILL BE AWAY
Why can't we just devote full-time to keeping you informed and right up to the minute? Because Ekkers have three depositions which will take next week, in the matter of the University of Science and Philosophy with Timothy Binder and all THEIR ATTORNEYS. The Ekkers have NO ATTORNEYS. Would YOU care to be in their position?? Meanwhile the other cases continue to hound and badger from every direction--even the ones in which Ekkers no longer have any interest or involvement. Still, THEY are required as the MAJOR focus. Does it begin to allow you to understand just WHO these nice people are AFTER? Further, to get the Institute into court position it has been ORDERED by the SUPREME COURT to have an attorney--by the 28th of June. Mr. Jackson is still incarcerated and the attorney in his employ has not come aboard because of full-time in Jackson's judicial circumstance. The attorney THEY WILL ACQUIRE FOR THIS CASE, was arrested on some kind of "fee" charges. So, it is getting interesting?? Not for Ekkers--it is so time-consuming as to break our backs--BUT "THEY" SHALL NOT!
Meanwhile the CRIMINAL complaints filed by our old friend Judge Jason Brent and the District Attorney's office ARE UP AGAIN BEFORE THE COURT! This CRIMINAL ACTION was because the Ekkers "were seen walking or driving on the next-door lot to the property where they have fought, struggled and lost--their home." They, further, hold a prescriptive easement on the very property in point--so in essence, that part is THEIR own property. [Editors note: The easement has been signed over to the Church which purchased the property from the RTC and which is now litigating to obtain clear title to the easement.]
Now, let me give you a "punch line": In this case there is a Jewish doctor who is a party WITH Jason Brent (ex-Judge above). He is now representing HER. Now, would you find it interesting to know that Jason Brent TOLD THE CHURCH'S ATTORNEY THAT "I only have TWO enemies in Kern County--Mr. and Mrs. Ekker. They cost me my reelections and...." Next, the interim "summary judgment" hearing on short notice was heard by Judge Wallace--THE SAME JUDGE WHO IS HEARING THE DAMAGES SUIT AGAINST THE PEOPLE WHO FRAUDULENTLY TOOK EKKERS' PROPERTY. As you might assume--Ekkers lost the case! They can ask for reconsideration or appeal. Why? Because without breathing hard the Judge said the Ekkers did not own the property for 5 years as necessary--for he knew they had been in litigation for most of that period of time. (Which is another case and which should not have any consideration AT ALL in this matter.) May God have mercy on you who have allowed this incredible usurpation of freedom and Constitutional Law in your lands.
Will O.J. Simpson get a fair trial? Will the "people" have a fair trial? NO, ON BOTH COUNTS--YOU ARE ALREADY HAVING A THREE-RING CIRCUS!
At any rate, readers, right when you deserve the MOST IN-PUT--we must attend legal matters--OUT OF TOWN. I ask that you continue to support the staff--they will find plenty for paper material but it does point up some needs here. We are closing out the hundredth journal as we write and hope to get it into the "press" circle before Tuesday.
Please continue to support Jackson and Russbacher--it is taking a bit of time but it is really pressuring the people on the other end. Blessings are upon you. You CAN make a difference as Ronn is told there are over 25,000 pieces of mail from you-the-people on his behalf and he, himself, is averaging about 300 pieces of correspondence a day. The pen is mighty IF YOU USE IT.
I would like to move on with THE USURPERS, please. We have to get some profiles before you, for some of the people we will write about--are still powerful players in the fate of your nation and the wealth and power distribution of the globe.
THE USURPERS Par 3:
PART 3: THE USURPERS, Medford Evans, Western Islands Publishers, Belmont, Mass. 02178 (1968).
We had just begun Chapter III: THE RISE OF LYNDON JOHNSON and had just started to take up "characters" in PART 2 [see 6/26/94 #2 writing]. We will move right into Part 3 with:
REMEMBER THESE NAMES WHICH WILL BE FEATURED: DEAN RUSK, WALT ROSTOW, ROBERT McNAMARA, CLARK CLIFFORD, ABE FORTAS, N. deB. KATZENBACH.
[QUOTING]
COKE STEVENSON
Here is what happened according to uncontradicted portions of J. Evetts Haley's book A Texan Looks at Lyndon.
On July 29, 1948, in the contest for Senator, Texas Governor Coke Stevenson won a first Democratic primary by a plurality of 71,460 votes over Congressman Lyndon Johnson. No candidate polled a majority, there had to be a second or run-off primary between these two men five weeks later, August 28. The campaign was confused by Johnson's claim to be more conservative than Stevenson, a claim backed largely by his having voted for the Taft-Hartley Bill, on which Stevenson--not being in Congress--had not, of course, voted at all. It was common knowledge that Stevenson was far to the right of Johnson, and a foregone conclusion that Johnson would get the Mexican and Negro bloc vote--except for the Mexican vote, and the white vote too, in the three of four counties, notably Duval and Jim Wells, constituting the satrapy of George Parr. Parr, a likeable landowner, businessman and convicted criminal, is a friend of numerous eminent Texans, including, besides Supreme Court Justice Tom Clark, both Coke Stevenson and Lyndon Johnson.
Parr had gone for Stevenson in the first primary, carrying his peons with him, of course, and Stevenson counted on his continuing support in the run-off. But according to Haley, Parr was, as he had been before, in trouble and in need of influence--which he apparently believed Lyndon would be more ready, willing, and able to supply than Coke, whose conservatism was of such an extreme variety as to include honesty. George switched to Johnson and took his 30 to 1 majority with him. This was a sizable switch--a 10,000 vote swing is enough to change a 19,999 vote defeat into a one vote victory. Yet as it happened, with other factors involved, it was not enough. When the first complete returns were unofficially tabulated, Stevenson had a majority of 113 out of nearly a million counted. With some kind of inward assurance, however, Johnson at once claimed the victory publicly, while privately he telephoned Parr for help. It seems that George could and did deliver.
Precinct 13 at Alice in Jim Wells County was "recanvassed", and the earlier return of 765-60 for Johnson was amended to 967-61 for Johnson. When all the recanvassing was done the Stevenson majority of 113 as of September 2 had been converted as of September 3 to a Johnson majority of 87! A subcommittee of the Texas Democratic Party accepted this fantastic new number, but Governor Stevenson sent two investigators, former FBI men, to the scene in Parrland. The Governor also sent one Texas Ranger, Captain Frank Hamer, the usual way of preventing a riot in Texas. The investigators could prove nothing in Duval County, but in Jim Wells County they hit pay dirt. They saw the list of voters for Precinct 13, though they were not permitted to take the list or photograph it, or even make written notes from it. The new names accounting for the added 200-odd votes that gave Johnson his majority were written in blue-green ink while the original list was in black ink. Thus the investigators could remember enough names to check later, and it was these which they found to be residents of the graveyard, in Mexico and other places.
Certain local officials in Jim Wells County were now ready to buck Parr enough to have Precinct 13 simply thrown out of the count as hopelessly corrupted--which would have given the election to Stevenson. Lyndon Johnson, however, whose manager in all this business was today's Texas Governor John Connally, anticipated the possible elimination of Precinct 13 and got a court order out of Austin forbidding such action. Johnson charged Stevenson and Hamer with conspiracy and intimidation. Stevenson's recourse now was to the State Democratic Executive Committee which met in Fort Worth September 13 to certify somebody--Stevenson or Johnson--as the Democratic nominee for United States Senator from Texas. By one vote of the Committee it was Johnson. Coke Stevenson then opined:
If I lost by one vote in an honest count the heavens wouldn't fall in. But some half million good solid Texans voted for me as their Senator and they have been defrauded and robbed. We can do no less than appeal to the Federal Courts.
Now the world turned upside down. Coke Stevenson, described as a Dixiecrat, appealed to the Federal courts on an issue of civil rights, and the upshot was that Hugo Black ruled in effect that civil rights are not for disconsolate opponents of Lyndon Johnson. Meanwhile, there had been intermediate steps. District Judge Davidson's opinion was that Stevenson had apparently been defrauded; the Judge enjoined the Texas Secretary of State from printing Johnson's name on the ballot, and ordered a sweeping investigation into the election in Duval and Jim Wells Counties. By the time the court-ordered investigators arrived, all the ballots had been burned. This prevented certain disclosures forever, but in itself would not have prevented--might even have encouraged--throwing Precinct 13 out.
Something had to be done rather quickly. The general election of November 2, 1948 was approaching. There was no Republican candidate. A duly certified Democratic nominee would be in. In this state of affairs it became apparent that the normal process of appeal to the Fifth Circuit Court in New Orleans and perhaps thence to the Supreme Court could never run its course in time. There was, however, someone to cut the Gordian knot. Abe Fortas, long-time friend of Johnson, who was, from his Washington law office (shared with Thurman Arnold and Paul Porter), influential with almost everybody, went to Supreme Court Justice Hugo Black. Justice Black signed an order staying Davidson's injunction, the effect being to require that Johnson's name be placed on the Texas ballot. Judge Davidson said, "The United States Supreme Court has altered my opinion, but it hasn't changed my mind."
"He [Davidson] was also heard to remark," adds Haley, "that Black's order was unduly hasty 'and probably unlawful' ." It was a precedent in judicial usurpation and it validated the election steal which put Lyndon Johnson in position eventually to become President. Writers to the Left and Right tell essentially the same story of Johnson's 1948 "landslide". Robert Sherrill of The Nation and Esquire writes,
This campaign...ended in theft, so blatantly done that it takes on all the dark appeal of a crime of passion...the folks over in Jim Wells County got to scratching around in Box 13 and, by gosh, discovered another 203 votes--all but one for Johnson! Some of this misty constituency had marched to the polls to vote in alphabetical order, all their names signed to the poll list in blue-green ink (the rest of the list was black ink), and such was their regard for Johnson, some had even arisen from the grave to cast their ballots. (The Accidental President, pp. 112-113.)
Never do pro-Johnson people argue that the voting or the counting of the votes in Parr country was honest in 1948. They simply point out that elections in Parr country have never been honest. If the first reported count of the August 28, 1948 vote was not enough to put Johnson over, then the report was simply a mistake. It was meant to put him over and had to be corrected until it did so.
Governor Coke Stevenson has lived quietly since, and in December 1961 introduced General Edwin A. Walker to a crowd of 6,000 in Dallas on the occasion of the General's first speech to Americans as a civilian. British author Michael Davie, on the whole a pro-Johnson observer, writes that his 1948 election to the Senate "seems to have begun a hardening process in Johnson which gave his character the scars it now so plainly carries."
JOSEPH R. McCARTHY
Lyndon Johnson played a key role in the destruction of Senator Joseph R. McCarthy. He did not cause this sordid affair, but it marks a point at which a kind of collective emasculating of the United States Senate occurred. Johnson himself, being more aggressive than most, probably would have preferred that the Senate retain its virility, but he could see how things were going, and he was, on the Democratic side, the Leader. He had to move first. The former United States Senator from Michigan, Charles E. (One-Term) Potter, in a shameful book entitled Days of Shame, gives a worm's-eye view of the Army-McCarthy Hearings of 1954, in which he participated. (The "worm's-eye" is a technical term. The thing was, in Washington lingo, a "can of worms.") Potter writes:
Lyndon B. Johnson expressed the feelings of most of us in the Senate as we neared the final vote on the inevitable censure motion against Joe McCarthy in December 1954. Joe's attack on the Watkins committee, which had recommended the censure, Johnson said, 'does not belong in the journal of the Senate but would be more fittingly inscribed on the walls of a men's room. If we sanction this abuse the Senate may as well close up shop.' (p. 284.)
Now it is well known that the Johnsonian vernacular is richly endowed with precisely those terms and expressions which until the Supreme Court took the lid off were seen spelled out only in the most scabrous and luridly obscene graffiti in places of public accommodation. Nowadays you can read these same words in pornographic paperbacks at the corner drugstore--or in biographies of Lyndon Johnson, such as Robert Sherrill's The Accidental President. If Joe McCarthy had used profane language about some of the Senators, who was Lyndon Johnson (any more than Harry Truman) to take exception to it? But, of course, McCarthy had used no such language. I quote Sherrill on this point, because he makes the point very well, and because in general he and I have opposite views on politics. Sherrill writes:
If you read the one brief statement Johnson made against McCarthy you will see that he felt "the real issue ... is whether the Senate of the United States, the greatest deliberative body in the history of the world, will permit abuse of a duly appointed committee. If we sanction such abuse ... we might just as well turn over our jobs to a small group of men and go back home to plow the south forty acres." That certainly sounds like McCarthy had used some foul language. From the beginning, senators from time to time had with impunity called each other such things as "liars" and "polecats" and "dead stinking mackerel". What worse than this had McCarthy called the committee that Johnson was so incensed? He had called it the "unwitting handmaiden of Communism". These, said Johnson in righteous heat, were words "more fittingly inscribed on the walls of a men's room". Ah, would that our Nation's public toilets were so high-toned as to carry such relatively classical messages! (p. 154)
Johnson did want all statements linking politicians with Communism to be classified as "dirty words". And in marshaling the vote--the Senate Democrats voted unanimously to condemn McCarthy. Johnson did go a long way toward making Communist an unspeakable word. Like the Supreme Court, he was redefining obscenity. [H: Doesn't it remind you of what is now happening with the terms "Jew" and "anti-Semite]
Lyndon Johnson is far from having been the most important person involved in the character-assassination of Joe McCarthy. Edward R. Murrow was probably more important. Johnson's friend, Abe Fortas, counsel for McCarthy target Owen Lattimore, was very important. The press, the professions, and politics were alive with ardent anti-McCarthyites. But by all odds the most important single character assassin, because of his position, was Dwight Eisenhower. And there was a saying current during the Eisenhower Administration, that Senate Democratic Leader Lyndon Johnson was "the second most powerful man in the country".
Politically, Eisenhower and Johnson did Joe in. McCarthy could have survived the most vicious attacks in the press--those things backfire half the time anyhow. But he could not survive being sent to Coventry by a Senate of which he was proud to be a member, and by a President whom he had helped to elect. Eisenhower and Johnson teamed up on many things from 1952 to 1960. The most fateful thing they ever did was to purge Joe McCarthy--the anti-Communist--from government. (Forrestal-- the anti-Communist--had been purged during Truman's Administration.) McCarthy's purge the most fateful thing? This is saying a lot when you remember that in the Eisenhower-Johnson era there was Suez, there was Hungary, there was Little Rock, and there was Cuba. Even so, the silencing of McCarthy was still the most fateful act of these two--for if McCarthy had been supported instead of attacked by the leaders of the very government he was trying to defend, then many of the other Communist-serving "mistakes" might have been avoided or corrected.
It is going to take America a long time and a rough time to realize the historic importance of McCarthy and what the Establishment, as represented politically by Dwight Eisenhower and Lyndon Johnson, did to him. McCarthy attacked Communism. The Establishment's response was to attack McCarthy. Through the press and other communications media, from the pulpit and in the halls of ivy, McCarthy was ceaselessly vilified, until in the Fall of 1954 political action was taken against him in the Senate. Lyndon Johnson gave the coup de grace. Rowland Evans and Robert Novak in their book Lyndon B. Johnson: The Exercise of Power report, admiringly:
Throughout all this period, Johnson had held his tongue, revealing nothing of his own feelings toward McCarthy. ... As the case built toward a climax on the Senate floor, however, Johnson was quietly gathering in Democratic votes. Just before the final roll call, he broke his silence.
"In my mind, there is only one issue here--morality and conduct." Johnson said nothing about the specifics of the charges against McCarthy. But when the votes were counted, every single Democrat present voted with Johnson and against McCarthy. It was not accidental. It was a Johnson tour de force, a taste of what the next four years with Lyndon Johnson as Leader of the Majority would be like (p. 85).
The double consequence of the Senate's condemnation of McCarthy was that thereafter the politicians of this country would (1) sedulously avoid calling anyone a Communist, (2) attack anyone who did call anybody else a Communist. The principle that a man is innocent until proven guilty was transformed into a new canon: that to suspect another of being a Communist is to convict oneself of hate and folly amounting to criminal paranoia. At the same time, open Communists were admitted to the privileges of academic freedom.
A confusing melange of "principles" developed: (1) Communism is so bad that to call a man a Communist is libel per se. (2) Communism is not necessarily bad at all, but is a tenable point of view which should be allowed to compete in the free marketplace of ideas. (3) There are not really any Communists in this country anyhow. Mutually incompatible as they are, all three of these are fundamental tenets of contemporary Liberalism.
There is a similar attitude toward witches: (1) It is impolite to call anyone a witch. (2) Witches are actually rather attractive. (3) Witches, of course, do not really exist, but are a product of fevered superstition.
That an investigation into Communist infiltration should be called a witchhunt is a semantic coup for Communism which prejudges all such investigations as futile at best, since witches do not really exist, and at the worst are wicked, since innocent people may be accused of being witches. Whoever is accused is innocent, since no one can be something which does not really exist; however, on the off chance that one might exist, what's wrong with being a witch? Or a Communist? And anyway, how do you prove it? [H: And I ask you to go back now into FACTS: WHO ARE AND WERE THE COMMUNISTS-- WHO STARTED COMMUNISM? UMMM-HMMM! NOW IT MAKES MORE SENSE AS TO JUST "WHO" WAS BEING ANNOYED BY McCARTHY, DOESN'T IT? REMEMBER: ACTORS, HOLLYWOOD MOGULS, MEDIA PEOPLE, PROFESSORS, LAWYERS AND DOCTORS WHO OPERATED IN BIG POLITICAL CIRCLES AND, AND, AND--OTHER NICE KHAZARIAN ZIONIST NON-ISRAELITES!]
Well, if a man himself says he is a Communist, then, of course, he is a very interesting fellow and we should listen attentively to what he has to say. If he does not declare it, however, it is most unjust to suspect him.
The climax of the attack on McCarthy is represented in the adoption into the language of McCarthyism, defined in Webster's Seventh New Collegiate Dictionary as: "A mid-twentieth-century political attitude characterized chiefly by opposition to elements held to be subversive and by the use of tactics involving personal attacks on individuals by means of widely publicized indiscriminate allegations especially on the basis of unsubstantiated charges." There is no status label in the entry, and there is no alternate definition based on how Senator McCarthy defined McCarthyism: the fight for America--words which also provided the title of his classic book about the heroic battle he, and others were waging for a free America. "Indiscriminate allegations on the basis of unsubstantiated charges" is simply, in the "Liberal", Left-leaning academic world, what McCarthyism is. [H: Doesn't this fit everyone trying to bring you TRUTH and the assaults thrown against them? It is exactly the methodology of the Tavistock Institute and the Anti-Defamation League of B'nai B'rith!]
But this Left-leaning state of mind in which McCarthyism is automatically so defined as a phase of that collective melancholia of the intellectuals which indicates the Suicide of the West so lucidly anticipated in a book so titled by the brilliant, anomalous academic James Burnham. In a later book, the War We Are In, Burnham refers more than once to McCarthy, citing him as one of the "noteworthy examples" of victims of that "enlightened terror", which "seeks, by manipulation of existing ideas and attitudes, to induce the prospective victims to destroy each other and themselves," in order "to weaken resistance" to Communism. Of course, most of the Senators who voted with Johnson against McCarthy were not Communists.
Again Burnham turns to McCarthy for a sane contrast with the suicidal attitude of President Eisenhower, Senate Majority Leader Johnson, and others on the occasion when Vice President and Mrs. Richard Nixon were reviled, stoned, and spat upon during their 1958 tour in South America. Pointing out that formerly "the United States was unusually, often rather arbitrarily, jealous of what it asserted to be the rights of its citizens," Burnham reviews attitudes and events of the administration of Washington, Adams, and Jefferson, and continues:
It is not probable that Joe McCarthy knew the detailed formal history of this problem, but it was a symptom of both the depth of his traditional American feeling and his insight into the critical issues of the present that he so often stressed it in private conversation as in public debate. McCarthy knew, felt, that a nation that abandons its consuls--like Angus Ward--to Asian jails, that stands passive while its soldiers die slowly in Siberian slave camps, its aviators are brainwashed in filthy Chinese cells, its planes shot down by an Adriatic gangster, its diplomatic establishments smashed and burned, its flag cursed, its troops turned over by their own commanders to the mercies of alien courts--McCarthy knew, felt in his guts, that a nation which not only endured passively such infamy but continues placating intercourse with those who perpetrate them is rotting from within (p. 298).
[H: And whether or not you REALIZE it, YOU are NOW ABSORBED AND IN THE CONTROL OF THAT NATION--CALLED SOVIET COMMUNISM. IT IS SOCIALIZED FASCISM, BUT NEVER MIND--FOR NOTHING ELSE THESE ZIONISTS KHAZARIAN ANTI-CHRISTS WILL TELL YOU IS RIGHT, EITHER! YOU HAD A CHANCE, AMERICA--AND YOU NOT ONLY FLUNKED IT--YOU AIDED AND ABETTED YOUR OWN PRISON-MASTERS.]
Few have been "within" longer than Lyndon Baines Johnson. No one epitomizes more adequately the operation of "enlightened terror" which promises to deliver what Johnson's adviser Walt Rostow says is a consummation to be wished--an "end of nationhood" for the United States.
Lyndon Johnson has been the leading politician of the post-McCarthy era, the chief beneficiary of the Communist campaign of enlightened terror which culminated in the political execution of the Wisconsin Senator which Johnson himself had engineered. "The McCarthy censure vote," wrote Evans and Novak, was "only the prelude to the emergence of Lyndon Johnson as a master magician of the Senate".
If Lyndon Johnson had not had his heart attack only seven months after he led the McCarthy lynching party, he might have gotten his big reward sooner and more peacefully than he finally did. In late June and early July 1955 there was a freshet of publicity in such bellwether journals as Newsweek, The New Republic, and the Washington Post which could have grown and washed Johnson right into something big--and it should be remembered that in the judgment of some he was already "the second most powerful man in the country". His coronary, however, slowed him down enough for John F. Kennedy to move on by, for a while.
The importance of the McCarthy affair in the life of Lyndon Johnson was that in rounding up the condemnation vote, which was unanimous on the Democratic side, he demonstrated not only that he had very skillful sleight of hand for manipulating men, but also that he was reliably on the Left in a major showdown. That nationally known Liberals voted against McCarthy revealed nothing new about their basic sympathies, but Lyndon Johnson had a facade of "conservatism," necessary to his political base in Texas. That facade depended mainly on his support of the oil-depletion allowance and (before 1957) of southern segregation. These postures served the purpose of deceiving Texans, but they also deceived lots of northern Liberals. He looked like a reactionary chauvinist to them, in spite of the fact that he had been, in his youth, a protégé of FDR. But his leadership in guillotining McCarthy's anti-Communist career must have satisfied those Left-wingers whose judgment in the long run counted. On December 2, 1954, when obedient docile Democrats, teamed with "modern" Republicans, duly "condemned" Joseph R. McCarthy for his fight for America, Lyndon Johnson had a bright red star placed by his name on the honor roll of world revolution.
It should never be forgotten--though as a matter of fact it is hardly understood at all--that the enlightened terror began after McCarthy made, unexpectedly, his first anti-Communist speech. Senator Potter is quite right in saying that McCarthy "had never shown any particular distaste for Communism until Wheeling"-- i.e., until his speech at Wheeling, West Virginia in February 1950, revealing that there were Communists in the State Department. To the knowledgeable, this was about like revealing that there were fish in the ocean, but it was news to many Americans, and had not in any case been much talked about on the Senatorial level. It is true that before his Wheeling speech McCarthy was not known as an anti-Communist--and it is also true that so long as he was not known as an anti-Communist he had a good press! His troubles began when he attacked Communism. They never ceased until he was dead, and the vilification did not cease then. The Communists are still scared of Joe McCarthy, though he has been dead ten years.
* * *
Let us take a break, please. I want to leave the readers with a thought, however. The reason these books which speak of these things are destroyed and efforts made to either discredit or totally remove them from shelves--IS THAT THIS HISTORICAL INFORMATION WILL COME BACK TO REST ON THE HEADS OF THE PERPETRATORS--WHO SOLD OUT YOUR NATION! AND THEN, FOREVER MORE, THE TRUTH WILL BE PRESENTED IN THE HISTORY BOOKS FOR ALL MANKIND TO SEE--THE TREASON OF THESE EVIL BEINGS!
You are going to find, for instance, that when all the gold was removed from Ft. Knox (oh yes it WAS!) and NO citizen was allowed to sell gold--LADY BIRD JOHNSON through LYNDON BAINES JOHNSON'S AUTHORITY--sold whole bunches of that very gold supply--to (through) Mexico!
Oh yes, indeed, YOU HAVE HAD USURPERS--and they get more powerful and terrible than these heretofore named. Stay tuned...!
APPENDIX
THE REMAINDER OF THIS JOURNAL IS A
COLLECTION OF TIMELY NEWS AND/OR
EDUCATIONAL ITEMS
CHAPTER 8
CONGRESSMAN LOUIS T. McFADDEN'S SPEECH
Editor's note: The following passionate speech before the House of Representatives, on a warm June 10, 1932, by Representative Louis T McFadden, needs little in the way of introduction. Here is the vision of a genuine prophet, the plea of a spirited and fiery patriot, whose scathing words against the international Satanic Elite's Federal Reserve System--and, indirectly, against its IRS extortion agent--are even more urgent today than they were when first spoken over sixty years ago. Talk about a burning love for this once-great country! May we all catch a little of THAT fire.
We are reprinting this pivotal speech for two reasons:
First of all, we have not shared it with you since the 2/1/94 issue of CONTACT And since that time, we have acquired many, many new readers who may be unfamiliar with this exceptional lesson in economic history that has been carefully suppressed over the years.
Secondly, for those of you who keep an eye on the world financial markets, the unstable swings are becoming ever more wild AND dangerous. (shades of 1929), while the controlled media's prevarications to the contrary become ever more intensely. . ah. . . imaginative.
For example, Japan's stock market and the dollar-to-yen ratio, over recent months, have been rivaling the very best roller coaster ride you've ever experienced. The ground is not the only thing constantly "quaking" over there in Japan, as prelude to major catastrophe.
Meanwhile, our own "helium-filled" stock market has been climbing up above the stratosphere, while the unemployment figures, even with constant rosy manipulations, reveal an alarmingly growing level of destitution among both our country's working force and our manufacturing infrastructure.
In other words, something BIG is going to give way, soon--call it an upcoming, well planned "economic earthquake"--and you might as well know WHO is responsible for this incredible financial mess, as well as HOW LONG the trap has been in place.
This writing by Commander Hatonn was originally presented in the summer of 1990, on pages 73-100 of PHOENIX JOURNAL #17, called THE NAKED PHOENIX: HOW. WHO. WHY. WHERE. WHAT AND WHEN THE BIRD WAS PLUCKED: A GUIDE TO DO-IT-YOURSELF FEATHER GROWING.
The subject of that entire JOURNAL (and that of #16 before it) is the Federal Reserve System and the Federal Reserve Banks. And, as Commander Hatonn emphasizes in the Foreword to JOURNAL #17, "This is THE one most important deception and subterfuge ever foisted upon the world. It actually is only the conduit through which the Conspirators have perfected their PLAN."
Well, isn't it about time that plan got un-perfected and this country returned to the original vision of ONE great nation, UNDER God AND Constitution?
The money 'fable" on Page 45, by a FED banker only adds confirming insult to the injury the satanic Elite banksters have already inflicted upon a sleeping, we-the-people.
718190 #1 HATONN
LOUIS T. McFADDEN (R-PA.)
Dharma, allow us a rest please. This man is great enough to devote at least two chapters to this great energy. He made a speech to the House of Representatives on June 10, 1932, and it is worthy of complete reproduction herein and so shall it be.
I shall await your return to the keyboard. The pressures are great on you ones, Dharma, but you shall be sustained and Light of Truth shall be your legacy to a darkened land and people. YOU DO NOT WALK ALONE AND THOSE WHO HAVE COME BEFORE AND BROUGHT FORTH TRUTH SHALL BE HONORED FOR THE DAY OF THE LORD IS AT HAND. GLORY AND TRUTH IN THE FREEDOM OF THAT WHICH /S SHALL AGAIN SHINE ACROSS THE LANDS. "TAKE MY HAND AND I SHALL SHOW YOU THE WAY," IS THE PROMISE. YE SHALL DO OF THE FULFILLING! SO BE IT IN THE POWER OF THAT WHICH I AM.
7/8/90 #2 HATONN
TOLD LIKE IT IS
Rep. Louis T. McFadden rose from office boy to become cashier and president of the First National Bank, Canton, Pa., before being elected to the U.S Congress. There he served with distinction for 20 years, including 12 years as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America. Relentlessly he fought for fiscal integrity and a return to constitutional government.
On June 10, 1932, in the midst of the great Depression, he addressed the House of Representatives. His historic speech was included in his testimony later before the Rules Committee, in connection with his Herculean efforts to obtain a sweeping investigation of the entire Federal Reserve System, and has been widely reprinted since then unfortunately, it seems to have made little impact on the populace who have since stopped reading well over 65 percent of the American public DO NOT EVEN READ ONE BOOK A YEAR. HOW MANY HAVE YOU READ THIS YEAR? AND, HOW ABOUT THAT ONE YOU HAVE BEEN TRYING TO GET TO READ THESE JOURNALS? Well, relax, for it was planned that way by your adversaries against the day this information would flow forth for the remaining media is TOTALLY CONTROLLED, as are almost ALL publishing outlets. To get to the top of the "best seller" listing you the people will have to demand it be put there, because the word has gone forth from the powers that be to ban publication and distribution of the PHOENIX JOURNALS. IT SHALL NOT HAPPEN--THE INSTRUCTIONS AND TRUTH OF GOD SHALL GO FORTH THROUGHOUT THE LANDS AND THE LANDS SHALL BE RECLAIMED UNTO HIS KINGDOM. SO SHALL IT COME TO PASS-- AND IT SHALL BE WITHIN THIS GENERATION THAT IT SHALL BE MADE, OR BROKEN, THE COVENANT WITH GOD.
For you researchers and confirmists, it will be found on pages 12595-12603 of the Congressional Record:
Mr. McFADDEN: Mr. Chairman, at the present session of Congress we have been dealing with emergency situations. We have been dealing with the effect of things rather than with the cause of things. In this particular discussion I shall deal with some of the causes that lead up to these proposals. There are underlying principles which are responsible for conditions such as we have at the present time and I shall deal with one of these in particular which is tremendously important in the consideration that you are now giving to this bill.
Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve Banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Some people think the Federal Reserve Banks are United States Government institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers, and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislation; and there are those who maintain an international propaganda for the purpose of deceiving us and of wheedling us into the granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
Those 12 private credit monopolies were deceitfully and disloyally foisted upon this country by bankers who came here from Europe and who repaid us for our hospitality by under-mining our American institutions. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia and thus drove a wedge between the allies in the World War. They financed Trotsky's mass meetings of discontent and rebellion in New York. They paid Trotsky's passage from New York to Russia so that he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian Revolution and they placed a large fund of American dollars at Trotsky's disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors. They have since begun the breaking up of American homes and the dispersal of American children.
It has been said that President Wilson was deceived by the attentions of these bankers and by the philanthropic poses they assumed. It has been said that when he discovered the manner in which he had been misled by Colonel House, he turned against that busybody, that "holy monk" of the financial empire, and showed him the door. He had the grace to do that, and in my opinion he deserves great credit for it.
President Wilson died a victim of deception. When he came to the Presidency, he had certain qualities of mind and heart which entitled him to a high place in the councils of this Nation; but there was one thing that he was not and which he never aspired to be; he was not a banker. He said that he knew very little about banking. It was, therefore, on the advice of the others that the iniquitous Federal Reserve Act, the death warrant of American liberty, became law in his administration.
Mr. Chairman, there should be no partisanship in matters concerning the banking and currency affairs of this country, and I do not speak with any.
In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association Bill. This bill is usually spoken of as the Aldrich Bill. Senator Aldrich did not write the Aldrich Bill. He was the tool, but not the accomplice, of the European-born bankers who for nearly 20 years had been scheming to set up a central bank in this country and who in 1912 had spent and were continuing to spend vast sums of money to accomplish their purpose.
The Aldrich Bill was condemned in the platform upon which Theodore Roosevelt was nominated in the year 1912, and in that same year, when Woodrow Wilson was nominated, the Democratic platform, as adopted in the Baltimore convention, expressly stated: "We are opposed to the Aldrich plan for a central bank." This was plain language. The men who ruled the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reins of government. Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free country the worm-eaten monarchical institution of the "king's bank" to control us from the top downward, and to shackle us from the cradle to the grave. The Federal Reserve Act destroyed our old and characteristic way of doing business; it discriminated against our one-name commercial paper, the finest in the world; it set up the antiquated two-name paper, which is the present curse of this country, and which has wrecked every country which has ever given it scope; it fastened down upon this country the very tyranny from which the framers of the Constitution sought to save us.
One of the greatest battles for the preservation of this Republic was fought out here in Jackson's day, when the Second Bank of the United States, which was founded upon the same false principles as those which are exemplified in the Federal Reserve Act, was hurled out of existence. After the downfall of the Second Bank of the United States in 1837, the country was warned against the dangers that might ensue if the predatory interests, after being cast out, would come back in disguise and unite themselves to the Executive, and through him acquire control of the government. That is what the predatory interests did when they came back in the livery of hypocrisy and under false pretenses obtained the passage of the Federal Reserve Act [December 23, 1913].
The danger that the country was warned against came upon us and is shown in the long train of horrors attendant upon the affairs of the traitorous and dishonest Federal Reserve Board and the Federal Reserve Banks. Look around you when you leave this chamber and you will see evidences of it on all sides. This is an era of economic misery and for the conditions that caused that misery, the Federal Reserve Board and the Federal Reserve Banks are fully liable. This is an era of financed crime and in the financing of crime, the Federal Reserve Board does not play the part of a disinterested spectator.
It has been said that the draftsman who was employed to write the text of the Federal Reserve Bill used the text of the Aldrich Bill for his purpose. It has been said that the language of the Aldrich Bill was used because the Aldrich Bill had been drawn up by expert lawyers and seemed to be appropriate. It was indeed drawn up by lawyers. The Aldrich Bill was created by acceptance bankers of European origin in New York City. It was a copy and in general a translation of the statutes of the Reichsbank and other European central banks.
Half a million dollars was spent on one part of the propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to it, and for the purpose of giving Congress the impression that there was an overwhelming popular demand for that kind of banking legislation and the kind of currency that goes with it, namely, an asset currency based on human debts and obligations instead of an honest currency based on gold and silver values. Dr. H. Parker Willis had been employed by Wall Street bankers and propagandists and when the Aldrich measure came to naught and he obtained employment from CARTER GLASS to assist in drawing a banking bill for the Wilson Administration, he appropriated the text of the Aldrich Bill for his purpose. There is no secret about it. The text of the Federal Reserve Act was tainted from the beginning.
Not all of the Democratic members of the Sixty-third Congress voted for his great deception. Some of them remembered the teachings of Jefferson; and, through the years, there has been no criticism of the Federal Reserve Board and the Federal Reserve Banks so honest, so outspoken, and so unsparing as those which have been voiced here by Democrats. Again, although a number of Republicans voted for the Federal Reserve Act, the wisest and most conservative members of the Republican Party would have nothing to do with it and voted against it. A few days before the bill came to a vote, Sen. Henry Cabot Lodge, of Massachusetts, wrote to Sen. John W. Weeks as follows:
SENATOR HENRY CABOT LODGE
New York City, December 17, 1913.
MY DEAR SENATOR WEEKS: ....Throughout my public life I have supported all measures designed to take the government out of the banking business....This bill puts the government into the banking business as never before in our history and makes, as I understand it, all notes government notes when they should be bank notes.
The powers vested in the Federal Reserve Board seem to me highly dangerous, especially where there is political control of the board. I should be sorry to hold stock in a bank subject to such, domination. The bill as it stands seems to me to open the way to a vast inflation of the currency. There is no necessity of dwelling upon this point after the remarkable and most powerful argument of the senior Senator from New York. I can be content here to follow the example of the English candidate for Parliament who thought it enough "to say ditto to Mr. Burke". I will merely add that I do not like to think that any law can be passed which will make it possible to submerge the gold standard in a flood of irredeemable paper currency.
I had hoped to support this bill, but I cannot vote for it as it stands, because it seems to me to contain features and to rest upon principles in the highest degree menacing to our prosperity, to stability in business, and to the general welfare of the people of the United States.
Very sincerely yours,
Henry Cabot Lodge
In the 18 years which have passed since Senator Lodge wrote that letter of warning all of his predictions have come true. The Government is in the banking business as never before. Against its will it has been made the backer of horsethieves and card sharps, bootleggers, smugglers, speculators, and swindlers in all parts of the world. Through the Federal Reserve Board and the Federal Reserve Banks the riffraff of every country is operating on the public credit of the United States Government. Meanwhile, and on account of it, we ourselves are in the midst of the greatest depression we have ever known. Thus the menace to our prosperity, so feared by Senator Lodge, has indeed struck home. From the Atlantic to the Pacific our country has been ravaged and laid waste by the evil practices of the Federal Reserve Board and the Federal Reserve Banks and the interests which control them. At no time in our history has the general welfare of the people of the United States been at a lower level or the mind of the people so filled with despair.
Recently in one of our states 60,000 dwelling houses and farms were brought under the hammer in a single day. According to the Rev. Father Charles E. Coughlin, who has lately testified before a committee of this House, 71,000 houses and farms in Oakland County, Mich., have been sold and their erstwhile owners dispossessed. Similar occurrences have probably taken place in every county in the United States. The people who have thus been driven out are the wastage of the Federal Reserve Act. They are the victims of the dishonest and unscrupulous Federal Reserve Board and the Federal Reserve Banks. Their children are the new slaves of the auction block in the revival here of the institution of human slavery.
In 1913, before the Senate Banking and Currency Committee, Mr. Alexander Lassen made the following statement:
"But the whole scheme of a Federal Reserve bank with its commercial-paper basis is an impractical, cumbersome machinery, is simply a cover, to find a way to secure the privilege of issuing money and to evade payment of as much tax upon circulation as possible, and then control the issue and maintain, instead of reduce, interest rates. It is a system that, if inaugurated, will prove to the disadvantage of the States. It will mean continued shortage of actual money and further extension of credits; for when there is a lack of real money people have to borrow credit to their cost."
A few days before the Federal Reserve Act was passed Sen. Elihu Root denounced the Federal Reserve Bill as an outrage on our liberties and made the following prediction:
"Long before we wake up from our dreams of prosperity through an inflated currency, our gold, which alone could have kept us from catastrophe, will have vanished and no rate of interest will tempt it to return."
If ever a prophecy came true, that one did. It was impossible, however, for those luminous and instructed thinkers to control the course of events. On December 23, 1913, the Federal Reserve Bill became law, and that night Colonel House wrote to his hidden master in Wall Street as follows:
COLONEL HOUSE, AGAIN
"I want to say a word of appreciation to you for the silent but no doubt effective work you have done in the interest of currency legislation and to congratulate you that the measure has finally been enacted into law. We all know that an entirely perfect bill, satisfactory to everybody, would have been an impossibility, and I feel quite certain fair men will admit that unless the President had stood as firm as he did we should likely have had no legislation at all. The bill is a good one in many respects; anyhow good enough to start with and to let experience teach us in what direction it needs perfection, which in due time we shall then get. In any event you have personally good reason to feel gratified with what has been accomplished."
The words "unless the President had stood as firm as he did we should likely have had no legislation at all", were a gentle reminder that it was Colonel House himself, the "holy monk", who had kept the President firm.
The foregoing letter affords striking evidence of the manner in which the predatory interests then sought to control the Government of the United States by surrounding the Executive with the personality and the influence of a financial Judas. Left to itself and to the conduct of its own legislative functions without pressure from the Executive, the Congress would not have passed the Federal Reserve Act. According to Colonel House, and since this was his report to his master, we may believe it to be true, the Federal Reserve Act was passed because Wilson stood firm; in other words because Wilson was under the guidance and control of the most ferocious usurers in New York through their hireling, House. The Federal Reserve Act became law the day before Christmas Eve in the year 1913, and shortly afterwards the German international bankers, Kuhn, Loeb & Co., sent one of their partners here to run it.
In 1913, when the Federal Reserve Bill was submitted to the Democratic caucus, there was a discussion in regard to the form the proposed paper currency should take.
The proponents of the Federal Reserve Act, in their determination to create a new kind of paper money, had not needed to go outside of the Aldrich Bill for a model. By the terms of the Aldrich Bill, bank notes were to be issued by the National Reserve Association and were to be secured partly by gold or lawful money and partly by circulating evidences of debt. The first draft of the Federal Reserve Bill presented the same general plan, that is, for bank notes as opposed to government notes, but with certain differences of regulation.
THE LEGACY OF
WILLIAM JENNINGS BRYAN
When the provision for the issuance of Federal Reserve Notes was placed before President Wilson he approved of it, but other Democrats were more mindful of Democratic principles and a great protest greeted the plan. Foremost amongst those who denounced it was William Jennings Bryan, the Secretary of State. Bryan wished to have the Federal Reserve Notes issued as government obligations. President Wilson had an interview with him and found him adamant. At the conclusion of the interview Bryan left with the understanding that he would resign if the notes were made bank notes. The President then sent for his Secretary and explained the matter to him. Mr. Tumulty went to see Bryan and Bryan took from his library shelves a book containing all the Democratic platforms and read extracts from them bearing on the matter of the public currency. Returning to the President, Mr. Tumulty told him what had happened and ventured the opinion that Mr. Bryan was right and that Mr. Wilson was wrong. The President then asked Mr. Tumulty to show him where the Democratic Party in its national platforms had ever taken the view indicated by Bryan. Mr. Tumulty gave him the book, which he had brought from Bryan's house, and the President read very carefully plank after plank on the currency. He then said, "I am convinced there is a great deal in what Mr. Bryan says", and thereupon it was arranged that Mr. Tumulty should see the proponents of the Federal Reserve Bill in an effort to bring about an adjustment of the matter.
The remainder of this story may be told in the words of Senator Glass. Concerning Bryan's opposition to the plan of al-lowing the proposed Federal Reserve Notes to take the form of bank notes and the manner in which President Wilson and the proponents of the Federal Reserve Bill yielded to Bryan in return for his support of the measure, Senator Glass makes the following statement:
"The only other feature of the currency bill around which a conflict raged at this time was the note-issue provision. Long before I knew it, the President was desperately worried over it. His economic good sense told him the notes should be issued by the banks and not by the government; but some of his advisers told him Mr. Bryan could not be induced to give his support to any bill that did not provide for a 'Government Note'. There was in the Senate and House a large Bryan following which, united with a naturally adversary party vote, could prevent legislation. Certain overconfident gentlemen proffered their services in the task of 'managing Bryan'. They did not budge him.... When a decision could no longer be postponed the President summoned me to the White House to say he wanted Federal Reserve Notes to 'be obligations of the United States' . I was for an instant speechless. With all the earnestness of my being I remonstrated, pointing out the unscientific nature of such a thing, as well as the evident inconsistency of it.
" ' There is not, in truth, any Government obligation here, Mr. President', I exclaimed. 'It would be a pretense on its face. Was there ever a government note based primarily on the property of banking institutions? Was there ever a government issue not one dollar of which could be put out except by demand of a bank? The suggested government obligation is so remote it could never be discerned,' I concluded, out of breath.
" ' Exactly so, Glass,' earnestly said the President. 'Every word you say is true; the government liability is a mere thought. And so, if we can hold to the substance of the thing and give the other fellow the shadow, why not do it, if thereby we may save our bill?' "
Shadow and substance! One can see from this how little President Wilson knew about banking. Unknowingly, he gave the substance to the international banker and the shadow to the common man. Thus was Bryan circumvented in his efforts to uphold the Democratic doctrine of the rights of the people. Thus the "unscientific blur" upon the bill was perpetrated. The "unscientific blur", however, was not the fact that the United States Government, by the terms of Bryan's edict, was obliged to assume as an obligation whatever currency was issued. Mr. Bryan was right when he insisted that the United States should preserve its sovereignty over the public currency. The "unscientific blur" was the nature of the currency itself, a nature which makes it unfit to be assumed as an obligation of the United States Government. It is the worst currency and the most dangerous this country has ever known. When the proponents of the act saw that Democratic doctrine would not permit them to let the proposed banks issue the new currency as bank notes, they should have stopped at that. They should not have foisted that kind of currency, namely, an asset currency, on the United States Government. They should not have made the government liable on the private debts of individuals and corporations and, least of all, on the private debts of foreigners.
The Federal Reserve Note is essentially unsound.
As Demmerer says:
" The Federal Reserve Notes, therefore, in form have some of the qualities of government paper money, but, in substance, are almost a pure asset currency possessing a government guaranty against which contingency the government has made no provision whatever.
".... They are obligations of the government for which the United States has received nothing and for the payment of which at any time it assumes the responsibility looking to the Federal Reserve Bank to recoup itself."
If the United States Government is to redeem the Federal Reserve Notes when the general public finds out what it costs to deliver this flood of paper money to the 12 Federal Reserve Banks, and if the government has made no provision for redeeming them, the first element of their unsoundness is not far to seek.
Before the Senate Banking and Currency Committee, while the Federal Reserve Bill was under discussion, Mr. Crozier, of Cincinnati, said:
MR. CROZIER, AGAIN
"In other words, the imperial power of elasticity of the public currency is wielded exclusively by these central corporations owned by the banks. This is a life and death power over all local banks and all business. It can be used to create or destroy prosperity, to ward off or cause stringencies and panics. By making money artificially scarce, interest rates throughout the country can be arbitrarily raised and the bank tax on all business and cost of living increased for the profit of the banks owning these regional central banks, and without the slightest benefit to the people. These 12 corporations together cover the whole country and monopolize and use for private gain every dollar of the public currency and all public revenues of the United States. Not a dollar can be put into circulation among the people by their Government without the consent of and on terms fixed by these 12 private money trusts."
In defiance of this and all other warnings, the proponents of the Federal Reserve Act created the 12 private credit corporations and gave them an absolute monopoly of the currency of the United States, not of Federal Reserve Notes alone, but of all the currency. The Federal Reserve Act provided ways by means of which the gold and general currency in the hands of the American people could be obtained by the Federal Reserve Banks in exchange for Federal Reserve Notes, which are not money but merely promises to pay money. Since the evil day when this was done the initial monopoly has been extended by vicious amendments to the Federal Reserve Act and by the unlawful and treasonable practices of the Federal Reserve Board and the Federal Reserve Banks.
Mr. Chairman, when a Chinese merchant sells human hair to a Paris wigmaker and bills him in dollars, the Federal Reserve Banks can buy his bill against the wigmaker and then use that bill as collateral for Federal Reserve Notes. The United States Government thus pays the Chinese merchant the debt of the wigmaker and gets nothing in return except a shady title to the Chinese hair.
Mr. Chairman, if a Scotch distiller wishes to send a cargo of Scotch whisky to the United States, he can draw his bill against the purchasing bootlegger in dollars; and after the bootlegger has accepted it by writing his name across the face of it, the Scotch distiller can send that bill to the nefarious open discount market in New York City, where the Federal Reserve Board and the Federal Reserve Banks will buy it and use it as collateral for a new issue of Federal Reserve Notes. Thus the Government of the United States pays the Scotch distiller for the whisky before it is shipped; and if it is lost on the way, or if the Coast Guard seizes it and destroys it, the Federal Reserve Banks simply write off the loss and the government never recovers the money that was paid to the Scotch distiller. While we are attempting to enforce prohibition here, the Federal Reserve Board and the Federal Reserve Banks are financing the distillery business in Europe and are paying bootleggers' bills with the public credit of the United States Government.
[END OF QUOTING FOR THIS SEGMENT]
I will interrupt this dissertation at this point, please. I ask that all you readers fully understand the contents of this speech for it is THE TRUTH in outline and detail of that which has destroyed your nation and pulled down your people. Please look most carefully at these parables for in seeing THE TRUTH, you can slay the dragon. Your nation, your populace, your Constitution and your planet are now in final death throes. What will you do? There will be no knights in shining armor, no space cadets to whisk you away aboard ships of silver to save your assets-- YOU ARE GOING TO SAVE YOURSELF FROM THIS ENTANGLED NET OF IMPRISONMENT AND IMPOVERISHMENT OR YE SHALL PERISH AS A NATION AND PEOPLES WITHIN ITS DEATH-GRIP. SO BE TT AND SELAH--SAALOME.
7/8/90 #3 HATONN
McFADDEN'S SPEECH
[CONTINUE QUOTING:]
Mr. Chairman, if a German brewer ships beer to this country or anywhere else in the world and draws his bill for it in dollars, the Federal Reserve Banks will buy that bill and use it as collateral for Federal Reserve Notes. Thus, they compel our government to pay the German brewer for his beer. Why should the Federal Reserve Board and the Federal Reserve Banks be permitted to finance the brewing industry of Germany, either in this way or as they do by compelling small and fearful United States banks to take stock in the Isenbeck Brewery and in the German bank for brewing industries?
Mr. Chairman, if Dynamit Nobel of Germany wishes to sell dynamite to Japan to use in Manchuria or elsewhere, it can draw its bill against its Japanese customers in dollars and send that bill to the nefarious open discount market in New York City, where the Federal Reserve Board and the Federal Reserve Banks will buy it and use it as collateral for a new issue of Federal Reserve Notes, while at the same time the Federal Reserve Board will be helping Dynamit Nobel by stuffing its stock into the United States banking system. Why should we send our representatives to the disarmament conference at Geneva while the Federal Reserve Board and the Federal Reserve Banks are making our government pay Japanese debts to German munitions makers?
Mr. Chairman, if a bean grower of Chile wishes to raise a crop of beans and sell them to a Japanese customer, he can draw a bill against his prospective Japanese customer in dollars and have it purchased by the Federal Reserve Board and the Federal Reserve Banks and get the money out of this country at the expense of the American public before he has even planted the beans in the ground.
Mr. Chairman, if a German in Germany wishes to export goods to South America or anywhere else, he can draw his bill against his customer and send it to the United States and get the money out of this country before he ships or even manufactures the goods.
Mr. Chairman, why should the currency of the United States be issued on the strength of Chinese human hair? Why should it be issued on the trade whims of a wigmaker? Why should it be issued on the strength of German beer? Why should it be issued on a crop of unplanted beans to be grown in Chile for Japanese consumption? Why should the Government of the United States be compelled to issue many billions of dollars every year to pay the debts of one foreigner to another foreigner? Was it for this that our national-bank depositors had their money taken out of our banks and shipped abroad? Was it for this they had to lose it? Why should the public credit of the United States Government and likewise money belonging to our national-bank depositors be used to support foreign brewers, narcotic drug vendors, whisky distillers, wigmakers, human-hair merchants, Chilean bean growers, and the like? Why should our national-bank depositors and our government be forced to finance the munitions factories of Germany and Soviet Russia?
Mr. Chairman, if a German, in Germany, wishes to sell wheelbarrows to another German, he can draw a bill in dollars and get the money out of the Federal Reserve Banks before an American farmer could explain his request for a loan to move his crop to market. In Germany, when credit instruments are being given, the. creditors say, "See you, it must be of a kind that I can cash at the reserve". Other foreigners feel the same way. The reserve to which these gentry refer is our reserve, which, as you know, is entirely made up of money belonging to American bank depositors. I think foreigners should cash their own trade paper and not send it over here to bankers who use it to fish cash out of the pockets of the American people.
Mr. Chairman, there is nothing like the Federal Reserve pool of confiscated bank deposits in the world. It is a public trough of American wealth in which foreigners claim rights equal to or greater than those of Americans. The Federal Reserve Banks are the agents of the foreign central banks. They use our bank depositors' money for the benefit of their foreign principals. They barter the public credit of the United States Government and hire it out to foreigners at a profit to themselves.
All this is done at the expense of the United States Government, and at a sickening loss to the American people. Only our great wealth enabled us to stand the drain of it as long as we did.
I believe that the nations of the world would have settled down after the World War more peacefully if we had not had this standing temptation here--this pool of our bank depositors' money given to private interests and used by them in connection with illimitable drafts upon the public credit of the United States Government. The Federal Reserve Board invited the world to come in and to carry away cash, credit, goods, and everything else of value that was movable. Values amounting to many billions of dollars have been taken out of this country by the Federal Reserve Board and the Federal Reserve Banks for the benefit of their foreign principals. The United States has been ransacked and pillaged. Our structures have been gutted and only the walls are left standing. While this crime was being perpetrated everything the world could rake up to sell us was brought in here at our own expense by the Federal Reserve Board and the Federal Reserve Banks until our markets were swamped with unneeded and unwanted imported goods priced far above their value and thus made to equal the dollar volume of our honest exports and to kill or reduce our favorable balance of trade. As agents of the foreign central banks, the Federal Reserve Board and the Federal Reserve Banks try by every means within their power to reduce our favorable balance of trade. They act for their foreign principals and they accept fees from foreigners for acting against the best interests of the United States. Naturally there has been great competition among foreigners for the favors of the Federal Reserve Board.
What we need to do is to send the reserves of our national banks home to the people who earned and produced them and who still own them and to the banks which were compelled to surrender them to predatory interests. We need to destroy the Federal Reserve pool, wherein our national-bank reserves are impounded for the benefit of foreigners. We need to make it very difficult for outlanders to draw money away from us. We need to save America for Americans.
Mr. Chairman, when you hold a $10 Federal Reserve Note in your hand you are holding a piece of paper which sooner or later is going to cost the Unites States Government $10 in gold, unless the government is obliged to give up the gold standard. It is protected by a reserve of 40 per cent, or $4 in gold. It is based on Limburger cheese, reputed to be in a foreign warehouse; or on cans purporting to contain peas but which may contain no peas but salt water instead; or on horse meat; illicit drugs; bootleggers' fancies; rags and bones from Soviet Russia of which the United States imported over a million dollars' worth, last year; on wine, whisky, natural gas, on goat or dog fur, garlic on the string, or Bombay ducks. If you like to have paper money which is secured by such commodities, you have it in the Federal Reserve Note. If you desire to obtain the thing of value upon which this paper currency is based--that is, the Limburger cheese, the whisky, the illicit drugs, or any of the other staples--you will have a very hard time finding them. Many of these worshipful commodities are in foreign countries. Are you going to Germany to inspect her warehouses to see if the specified things of value are there? I think not. And what is more, I do not think you would find them if you did go.
Immense sums belonging to our national-bank depositors have been given to Germany on no collateral security whatever. The Federal Reserve Board and the Federal Reserve Banks have issued United States currency on mere finance drafts drawn by Germans. Billions upon billions of our money has been pumped into Germany by the Federal Reserve Board and the Federal Reserve Banks. Her worthless paper is still being negotiated here and renewed here on the public credit of the United States Government and at the expense of the American people. On April 27, 1932, the Federal Reserve outfit sent $750,000, belonging to American bank depositors, in gold to Germany. A week later, another $300,000 in gold was shipped to Germany in the same way. About the middle of May $12,000,000 in gold was shipped to Germany by the Federal Reserve Board and the Federal Reserve Banks. Almost every week there is a shipment of gold to Germany. These shipments are not made for profit on exchange since German marks are below parity against the dollar.
Mr. Chairman, I believe that the national-bank depositors of the United States are entitled to know what the Federal Reserve Board and the Federal Reserve Banks are doing with their money. There are millions of national-bank depositors in this country who do not know that a percentage of every dollar they deposit in a member bank of the Federal Reserve System goes automatically to the American agents of foreign banks and that all of their deposits can be paid away to foreigners without their knowledge or consent by the crooked machinery of the Federal Reserve Act and the questionable practices of the Federal Reserve Board and the Federal Reserve Banks. Mr. Chairman, the American people should be told the truth by their servants in office.
In 1930 we had over half a billion dollars outstanding daily to finance foreign goods stored in or shipped between foreign countries. In its yearly total, this item amounts to several billion dollars. What goods are those upon which the Federal Reserve Banks pledge several billion dollars of the public credit of the United States? What goods are those which are hidden in European and Asiatic storehouses and which have never been seen by any officer of this government, but which are being financed on the public credit of the United States Government? What goods are those upon which the United States Government is being obliged by the Federal Reserve Banks to issue Federal Reserve Notes to the extent of several billion dollars a year?
The Federal Reserve Board and the Federal Reserve Banks have been international bankers from the beginning, with the United States Government as their enforced banker and supplier of currency. But it is nonetheless extraordinary to see those 12 private credit monopolies buying the debts of foreigners against foreigners in all parts of the world and asking the Government of the United States for new issues of Federal Reserve Notes in exchange for them.
I see no reason why the American taxpayers should be hewers of wood and drawers of water for the European and Asiatic customers of the Federal Reserve Banks. I see no reason why a worthless acceptance drawn by a foreign swindler as a means of getting gold out of this country should receive the lowest and choicest rate from the Federal Reserve Board and be treated as better security than the note of an American farmer living on American land.
The magnitude of the acceptance racket, as it has been developed by the Federal Reserve Banks, their foreign correspondents, and the predatory European-born bankers who set up the Federal Reserve institution here and taught our own brand of pirates how to loot the people--I say the magnitude of this racket is estimated to be in the neighborhood of $9,000,000,000 a year (1932). In the past ten years it is said to have amounted to $90,000,000,000. In my opinion, it has amounted to several times as much. Coupled with this you have, to the extent of billions of dollars, the gambling in United States securities, which takes place in the same open discount market--a gamble upon which the Federal Reserve Board is now spending $100,000,000 a week.
Federal Reserve Notes are taken from the United States Government in unlimited quantities. Is it strange that the burden of supplying these immense sums of money to the gambling fraternity has at last proved too heavy for the American people to endure? Would it not be a national calamity if the Federal Reserve Board and the Federal Reserve Banks should again bind this burden down on the backs of the American people and, by means of the long rawhide whips of the credit masters, compel them to enter upon another 17 years of slavery? They are trying to do that now. They are taking $100,000,000 of the public credit of the United States Government every week in addition to all their other seizures, and they are spending that money in the nefarious open market in New York City in a desperate gamble to reestablish their graft as a going concern.
They are putting the United States Government in debt to the extent of $100,000,000 a week, and with this money they are buying up our government securities for themselves and their foreign principals. Our people are disgusted with the experiments of the Federal Reserve Board. The Federal Reserve Board is not producing a loaf of bread, a yard of cloth, a bushel of corn, or a pile of cordwood by its check-kiting operations in the money market.
A fortnight or so ago great aid and comfort was given to Japan by the firm of A. Gerli & Sons, of New York, an importing firm, which bought $16,000,000 worth of raw silk from the Japanese Government. Federal Reserve Notes will be issued to pay that amount to the Japanese Government, and these notes will be secured by money belonging to our national-bank depositors.
Why should United States currency be issued on this debt? Why should United States currency be issued to pay the debt of Gerli & Sons to the Japanese Government? The Federal Reserve Board and the Federal Reserve Banks think more of the silkworms of Japan than they do of American citizens. We do not need $16,000,000 worth of silk in this country at the present time, not even to furnish work to dyers and finishers. We need to wear home-grown and American-made clothes and to use our own money for our own goods and staples. We could spend $16,000,000 in the United States of America on American children and that would be a better investment for us than Japanese silk purchased on the public credit of the United States Government.
Mr. Speaker, on the 13th of January of this year I addressed the House on the subject of the Reconstruction Finance Corporation. In the course of my remarks I made the following statement:
"In 1928 the member banks of the Federal Reserve System borrowed $60,598,690,000 from the Federal Reserve Banks on their 15-day promissory notes. Think of it! Sixty billion dollars payable upon demand in gold in the course of one single year. The actual payment of such obligations calls for six times as much monetary gold as there is in the entire world. Such transactions represent a grant in the course of one single year of about $7,000,000 to every member bank of the Federal Reserve System. Is it any wonder that there is a depression in this country? Is it any wonder that American labor, which ultimately pays the cost of all the banking operations of this country, has at last proved unequal to the task of supplying this huge total of cash and credit for the benefit of stock-market manipulators and foreign swindlers? "
Mr. Chairman, some of my colleagues have asked for more specific information concerning this stupendous graft, this frightful burden which has been placed on the wage earners and taxpayers of the United States for the benefit of the Federal Reserve Board and the Federal Reserve Banks. They were surprised to learn that member banks of the Federal Reserve System had received the enormous sum of $60,598,690,000 from the Federal Reserve Board and the Federal Reserve Banks on their promissory notes in the course of one single year, namely, 1928. Another Member of this House, Mr. Beedy, the honorable gentleman from Maine, has questioned the accuracy of my statement and has informed me that the Federal Reserve Board denies absolutely that these figures are correct. This Member has said to me that the thing is unthinkable, that it cannot be, that it is beyond all reason to think that the Federal Reserve Board and the Federal Reserve Banks should have so subsidized and endowed their favorite banks of the Federal Reserve System. This Member is horrified at the thought of a graft so great, a bounty so detrimental to the public welfare as sixty and a half billion dollars a year and more shoveled out to favored banks of the Federal Reserve System.
I sympathize with Mr. Beedy. I would spare him pain if I could, but the facts remain as I have stated them. In 1928, the Federal Reserve Board and the Federal Reserve Banks presented the staggering amount of $60,598,690,000 to their member banks at the expense of the wage earners and taxpayers of the United States. In 1929, the year of the stockmarket crash, the Federal Reserve Board and the Federal Reserve Banks advanced fifty-eight billions to member banks.
In 1930, while the speculating banks were getting out of the stock market at the expense of the general public, the Federal Reserve Board and the Federal Reserve Banks advanced them $13,022,782,000. This shows that when the banks were gambling on the public credit of the United States Government as represented by Federal Reserve currency, they were subsidized to any amount they required by the Federal Reserve Board and the Federal Reserve Banks. When the swindle began to fail, the banks knew it in advance and withdrew from the market. They got out with whole skins and left the people of the United States to pay the piper.
On November 2, 1931, I addressed a letter to the Federal Reserve Board asking for the aggregate total of member bank borrowings in the years 1928, 1929, 1930. In due course, I received a reply from the Federal Reserve Board, dated November 9, 1931, the pertinent part of which reads as follows:
My Dear Congressman: In reply to your letter of November 2, you are advised that the aggregate amount of 15-day promissory notes of member banks during each of the past three calendar years has been as follows:
1928: $60,598,690,000
1929: $58,046,697,000
1930: $13,022,782,000
Very truly yours,
Chester Morrill, Secretary.
This will show the gentleman from Maine the accuracy of my statement. As for the denial of these facts made to him by the Federal Reserve Board, I can only say that it must have been prompted by fright, since hanging is too good for a government board which permitted such a misuse of government funds and credit.
My friend from Kansas, Mr. McGugin, has stated that he thought the Federal Reserve Board and the Federal Reserve Banks lent money by rediscounting. So they do, but they lend comparatively little that way. The real rediscounting that they do has been called a mere penny in the slot business. It is too slow for genuine high flyers. They discourage it. They prefer to subsidize their favorite banks by making these $60,000,000,000 advances, and they prefer to acquire acceptance in the notorious open discount market in New York, where they can use them to control the prices of stocks and bonds on the exchanges. For every dollar they advanced on rediscounts in 1928 they lent $33 to their favorite banks for gambling purposes. In other words, their rediscounts in 1928 amounted to $1,814,271,000, while their loans to member banks amounted to $60,598,690,000. [H: Chelas, do you hear this? And this was in 1928; what think you it is today?] As for their open-market operations, these are on a stupendous scale, and no tax is paid on the acceptances they handle; and their foreign principals, for whom they do a business of several billion dollars every year, pay no income tax on their profits to the United States Government.
This is the John Law swindle over again. The theft of Teapot Dome was trifling compared to it. What king ever robbed his subjects to such an extent as the Federal Reserve Board and the Federal Reserve Banks have robbed us? Is it any wonder that there have lately been 90 cases of starvation in one of the New York hospitals? Is it any wonder that the children of this country are being dispersed and abandoned?
The government and the people of the United States have been swindled by swindlers deluxe to whom the acquisition of American gold or a parcel of Federal Reserve Notes presented no more difficulty than the drawing up of a worthless acceptance in a country not subject to the laws of the United States, by sharpers not subject to the jurisdiction of the United States courts, sharpers with a strong banking "fence" on this side of the water--a "fence" acting as a receiver of the worthless paper coming from abroad, endorsing it and getting the currency out of the Federal Reserve Banks for it as quickly as possible, exchanging that currency for gold, and in turn transmitting the gold to its foreign confederates.
[END QUOTING FOR NOW]
We shall continue with this speech tomorrow, taking up with the exploits of Ivar Kreuger.
Thank you, Dharma, it has indeed been a very long day of work this Sunday; let us continue on the morrow. Good-day and peace walk with you, chela. AHO.
7/9/902 HATONN
WHAT HAPPENS WHEN A COUNTRY
FORSAKES ITS CONSTITUTION AND GIVES
ITS SOVEREIGNTY OVER THE CURRENCY
TO PRIVATE INTERESTS
CONGRESSMAN McFADDEN'S SPEECH
IVAR KREUGER
[CONTINUE QUOTING:]
Such were the exploits of Ivar Kreuger, Mr. Hoover's friend, and his hidden Wall Street backers. Every dollar of the billions Kreuger and his gang drew out of this country on acceptances was drawn from the government and the people of the United States through the Federal Reserve Board and the Federal Reserve Banks. The credit of the United States Government was peddled to him by the Federal Reserve Board and the Federal Reserve Banks for their own private gain. That is what the Federal Reserve Board and the Federal Reserve Banks have been doing for many years. THEY HAVE BEEN PEDDLING THE CREDIT OF THIS GOVERNMENT AND THE SIGNAT'URE OF THIS GOVERNMENT TO THE SWINDLERS AND SPECULATORS OF ALL NATIONS. THAT IS WHAT HAPPENS WHEN A COUNTRY FORSAKES ITS CONSTITUTION AND GIVES ITS SOVEREIGNTY OVER THE PUBLIC CURRENCY TO PRIVATE INTERESTS. GIVE THEM THE FLAG AND THEY WILL SELL IT.
The nature of Kreuger's organized swindle and the bankrupt condition of Kreuger's combine was known here last June when Hoover sought to exempt Kreuger's loan to Germany of one hundred twenty-five millions from the operation of the Hoover moratorium. The bankrupt condition of Kreuger's swindle was known here last summer when $30,000,000 was taken from American taxpayers by certain bankers in New York for the ostensible purpose of permitting Kreuger to make a loan to Colombia. Colombia never saw that money. The nature of Kreuger's swindle and the bankrupt condition of Kreuger was known here in January when he visited his friend, Mr. Hoover, at the White House. It was known here in March before he went to Paris and committed suicide there.
Mr. Chairman, I think the people of the United States are entitled to know how many billions of dollars were placed at the disposal of Kreuger and his gigantic combine by the Federal Reserve Board and the Federal Reserve Banks and to know how much of our government currency was issued and lost in the financing of that great swindle in the years during which the Federal Reserve Board and the Federal Reserve Banks took care of Kreuger's requirements.
Mr. Chairman, I believe there should be a congressional investigation of the operations of Kreuger and Toll in the United States and that Swedish Match, International Match, the Swedish-American Investment Corporation, and all related enterprises, including the subsidiary companies of Kreuger and Toll, should be investigated and that the issuance of United States currency in connection with those enterprises and the use of our national-bank depositors' money for Kreuger's benefit should be made known to the general public. I am referring, not only to the securities which were floated and sold in this country, but also to the commercial loans to Kreuger's enterprises and the mass financing of Kreuger's companies by the Federal Reserve Board and the Federal Reserve Banks and the predatory institutions which the Federal Reserve Board and the Federal Reserve Banks shield and harbor.
A few days ago the President of the United States, with a white face and shaking hands, went before the Senate on behalf of the moneyed interests and asked the Senate to levy a tax on the people so that foreigners might know that the United States would pay its debts to them. Most Americans thought that it was the other way around. What does the United States owe to foreigners? When and by whom was the debt incurred? It was incurred by the Federal Reserve Board and the Federal Reserve Banks when they peddled the signature of this government to foreigners for a price. It is what the United States Government has to pay to redeem the obligations of the Federal Reserve Board and the Federal Reserve Banks. Are you going to let those thieves get off scot free? Is there one law for the looter who drives up to the door of the United States Treasury in his limousine and another for the United States veterans who are sleeping on the floor of a dilapidated house on the outskirts of Washington?
The Baltimore & Ohio Railroad is here asking for a large loan from the people and the wage earners and the taxpayers of the United States. It is begging for a handout from the government. It is standing, cap in hand, at the door of the Reconstruction Finance Corporation, where all the other jackals have gathered to the feast. It is asking for money that was raised from the people by taxation, and it wants this money of the poor for the benefit of Kuhn, Loeb & Co., the German international bankers. Is there one law for the Baltimore & Ohio Railroad and another for the needy veterans it threw off its freight cars the other day? Is there one law for sleek and prosperous swindlers who call themselves bankers and another law for the soldiers who defended the United States flag?
Mr. Chairman, some people are horrified because the collateral behind Kreuger and Toll debentures was removed and worthless collateral substituted for it. What is this but what is being done daily by the Federal Reserve Banks? When the Federal Reserve Act was passed, the Federal Reserve Banks were allowed to substitute "other like collateral" for collateral behind Federal Reserve Notes but by an amendment obtained at the request of the corrupt and dishonest Federal Reserve Board, the act was changed so that the word "like" was stricken out. All that immense trouble was taken here in Congress so that the law would permit the Federal Reserve Banks to switch collateral. At the present time behind the scenes in the Federal Reserve Banks there is a night-and-day movement of collateral. A visiting Englishman, leaving the United States a few weeks ago said that things would look better here after "they cleaned up the mess at Washington". Cleaning up the mess consists in fooling the people and making them pay a second time for the bad foreign investments of the Federal Reserve Board and the Federal Reserve Banks. It consists in moving that heavy load of dubious and worthless foreign paper--the bills of wigmakers, brewers, distillers, narcotic-drug vendors, munition makers, illegal finance drafts, and worthless foreign securities out of the banks and 'putting it on the back of American labor. That is what the Reconstruction Finance Corporation is doing now. [H: Is this not EXACTLY that which the Resolution Trust Corporation is doing right now to your populace? Perhaps you might explain it to me otherwise if you disagree!] They talk about loans to banks and railroads but they say very little about that other business of theirs which consists in relieving the swindlers who promoted investment trusts in this country and dumped worthless foreign securities into them and then resold that mess of pottage to American investors under cover of their own corporate titles. The Reconstruction Finance Corporation is taking over those worthless securities from those investment trusts with United States Treasury money at the expense of the American taxpayer and wage earner. [H: Note that they didn't even bother to change the title hardly at all--and they derived great humor in so-doing; the room was rocking with laughter as they put that one over on you Americans. One of your great Senators said, "The suckers will never even notice!"]
It will take us 20 years to redeem our government, 20 years of penal servitude to pay off the gambling debts of the traitorous Federal Reserve Board and the Federal Reserve Banks and to earn again that vast flood of American wages and savings, bank deposits, and United States Government credit which the Federal Reserve Board and the Federal Reserve Banks exported out of this country to their foreign principals.
The Federal Reserve Board and the Federal Reserve Banks lately conducted an anti-hoarding campaign here. Then they took that extra money which they had persuaded a trusting American people to put into the banks and they sent it to Europe along with the rest. In the last several months, they have sent $1,300,000,000 in gold to their foreign employers, their foreign masters, and every dollar of that gold belonged to the people of the United States and was unlawfully taken from them.
Is not it high time that we had an audit of the Federal Reserve Board and the Federal Reserve Banks and an examination of all our governments bonds and securities and public moneys instead of allowing the corrupt and dishonest Federal Reserve Board and the Federal Reserve Banks to speculate with those securities and this cash in the notorious open discount market of New York City?
Mr. Chairman, within the limits of the time allowed me, I cannot enter into a particularized discussion of the Federal Reserve Board and the Federal Reserve Banks. I have singled out the Federal Reserve currency for a few remarks because there has lately been some talk here of "fiat money". What kind of money is being pumped into the open discount market and through it into foreign channels and stock exchanges? Mr. Mills of the Treasury has spoken here of his horror of the printing presses and his horror of dishonest money. He has no horror of dishonest money. If he had, he would be no party to the present gambling of the Federal Reserve Board and the Federal Reserve Banks in the nefarious open discount market of New York, a market in which the sellers are represented by ten great discount dealer corporations owned and organized by the very banks which own and control the Federal Reserve Board and the Federal Reserve Banks. Fiat money, indeed!
After the several raids on the Treasury Mr. Mills borrows the speech of those who protested against those raids and speaks now with pretended horror of a raid on the Treasury. Where was Mr. Mills last October when the United States Treasury needed $598,000,000 of the taxpayers' money which was supposed to be in the safe-keeping of Andrew W. Mellon in the designated depositories of Treasury funds, and which was not in those depositories when the Treasury needed it? Mr. Mills was the Assistant Secretary of the Treasury then, and he was at Washington throughout October, with the exception of a very significant week he spent at White Sulphur Springs closeted with international bankers, while the Italian minister, Signor Grandi, was being entertained--and bargained with--at Washington.
What Mr. Mills is fighting for is the preservation, whole and entire, of the bankers' monopoly of all the currency of the United States Government. What Mr. Patman proposes is that the government shall exercise its sovereignty to the extent of issuing some currency for itself. This conflict of opinion between Mr. Mills as the spokesman of the bankers and Mr. Patman as the spokesman of the people brings the currency situation here into the open. Mr. Patman and the veterans are confronted by a stone wall--the wall that fences in the bankers with their special privilege. Thus the issue is joined between the hosts of democracy, of which the veterans are a part, and the men of the king's bank, the would-be aristocrats, who deflated American agriculture and robbed this country for the benefit of their foreign principals.
Mr. Chairman, last December I introduced a resolution here asking for an examination and audit of the Federal Reserve Board and the Federal Reserve Banks and all related matters. If the House sees fit to make such an investigation, the people of the United States will obtain information of great value. This is a government of the people, by the people, for the people, consequently nothing should be concealed from the people. The man who deceives the people is a traitor to the United States. The man who knows or suspects that a crime has been committed and who conceals or covers up that crime is an accessory to it. Mr. Speaker, it is a monstrous thing for this great Nation of people to have its destinies presided over by a traitorous government board acting in secret concert with international usurers. 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 national Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people. The people have a valid claim against the Federal Reserve Board and the Federal Reserve Banks. If that claim is enforced, Americans will not need to stand in breadlines or to suffer and die of starvation in the streets. Homes will be saved, families will be kept together, and American children will not be dispersed and abandoned. The Federal Reserve Board and the Federal Reserve Banks owe the United States Government an immense sum of money. We ought to find out the exact amount of the people's claim. We should know the amount of the indebtedness of the Federal Reserve Board and the Federal Reserve Banks to the people and we should collect that amount immediately. We certainly should investigate this treacherous and disloyal conduct of the Federal Reserve Board and the Federal Reserve Banks.
Here is a Federal Reserve Note. Immense numbers of these notes are now held abroad. I am told they amount to upward of a billion dollars. They constitute a claim against our government and likewise a claim against the money our people have deposited in the member banks of the Federal Reserve System. Our people's money to the extent of $1,300,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve Banks. The greater part of our monetary stock has been shipped to foreigners. Why should we promise to pay the debts of foreigners to foreigners? Why should our government be put into the position of supplying money to foreigners? Why should American farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve Banks be permitted to finance our competitors in all parts of the world? Do you know why the tariff was raised? It was raised to shut out the flood of Federal Reserve goods pouring in here from every quarter of the globe--cheap goods produced by cheaply paid foreign labor on unlimited supplies of money and credit sent out of this country by the dishonest and unscrupulous Federal Reserve Board and the Federal Reserve Banks. Go out in Washington to buy an electric light bulb and you will probably be offered one that was made in Japan on American money. Go out to buy a pair of fabric gloves and inconspicuously written on the inside of the gloves that will be offered to you will be found the words "made in Germany" and that means "made on the public credit of the United States Government paid to German firms in American gold taken from the confiscated bank deposits of the American people . "
The Federal Reserve Board and the Federal Reserve Banks are spending $100,000,000 a week buying government securities in the open market and are thus making a great bid for foreign business. They are trying to make rates so attractive that the human-hair merchants and distillers and other business entities in foreign lands will come here and hire more of the public credit of the United States Government and pay the Federal Reserve outfit for getting it for them.
Mr. Chairman, when the Federal Reserve Act was passed the people of the United States did not perceive that a world system was being set up here which would make the savings of an American school-teacher available to a narcotic-drug vendor in Cacao. They did not perceive that the United States was to be lowered to the position of a coolie country which has nothing but raw materials and heavy goods for export; that Russia was destined to supply manpower and that this country was to supply financial power to an international superstate--a superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.
The people of the United States are being greatly wronged. If they are not, then I do not know what "wronging the people" means. They have been driven from their employments. They have been dispossessed of their homes. They have been evicted from their rented quarters. They have lost their children. They have been left to suffer and to die for the lack of shelter, food, clothing, and medicine.
The wealth of the United States and the working capital of the United States has been taken away from them and has either been locked in the vaults of certain banks and great corporations or exported to foreign countries for the benefit of the foreign customers of those banks and corporations. So far as the people of the United States are concerned, the cupboard is bare. It is true that the warehouses and coal yards and grain elevators are full, but the warehouses and coal yards and grain elevators are padlocked and the great banks and corporations hold the keys. The sacking of the United States by the Federal Reserve Board and the Federal Reserve Banks and their confederates is the greatest crime in history.
Mr. Chairman, a serious situation confronts the House of Representatives today. We are the trustees of the people and the rights of the people are being taken away from them. Through the Federal Reserve Board and the Federal Reserve Banks, the people are losing the rights guaranteed to them by the Constitution. Their property has been taken from them without due process of law. Mr. Chairman, common decency requires us to examine the public accounts of the government to see what crimes against the public welfare have been and are being committed.
What is needed here is a return to the Constitution of the United States. We need to have a complete divorce of Bank and State. The old struggle that was fought out here in Jackson's day must be fought over again. The independent Unites States Treasury should be reestablished and the government should keep its own money under lock and key in the building the people provided for that purpose. Asset currency, the device of the swindler, should be done away with. The government should buy gold and issue United States currency on it. The business of the independent bankers should be restored to them. The State banking systems should be freed from coercion. The Federal Reserve districts should be abolished and State boundaries should be respected. Bank reserves should be kept within the borders of the States whose people own them, and this reserve money of the people should be protected so that international bankers and acceptance bankers and discount dealers cannot draw it away from them. The exchanges should be closed while we are putting our financial affairs in order. The Federal Reserve Act should be repealed and the Federal Reserve Banks, having violated their charters should be liquidated immediately. Faithless government officers who have violated their oaths of office should be impeached and brought to trial. Unless this is done by us, I predict that the American people, outraged, robbed, pillaged, insulted, and betrayed as they are in their own land, will rise in their wrath and send a President here who will sweep the money changers out of the temple.
[END QUOTE]
The only comment I shall make prior to closing this is to request that you go back and read every paragraph of this speech again and mentally add the burden of increased tampering and total control for over sixty years and ask yourself: WHERE ARE WE TODAY???
You are in all but irreversible circumstances, dear ones, for you have waited too long for action. Your gold, for instance, is all gone--moved away, confiscated! [See last week's CONTACT for an interesting, though sinister, historical sidebar on this matter.]
What have you done with your wondrous one nation, UNDER GOD, INDIVISIBLE-WITH LIBERTY AND JUSTICE? YOU HAVE SOLD IT, INCLUDING YOUR SOULS. TO THE DEVIL!
Salu--and may God grant you wisdom and power to reclaim that which is your birthright.
Tags, 상세검색
응답: PJ#100, BUTTERFLIES, MIND CONTROL-- THE RAZOR'S EDGE
