Jewish Banksters War On America[updated}

[Don1]

Jewish Banksters War On America

This is the first part of a dual article the second deals with the communizing wing and is found here:
http://groups.yahoo.com/group/JoSNewsletter/message/243


"The establishment of a central bank is 90% of communizing a nation."- Lenin


"Let me issue and control a Nation's money and I care not for who writes it's laws."
-Mayer Amschel Rothschild, 1790

"The Rothschilds introduced the rule of money into European politics. The Rothschilds were the servants of money who undertook the reconstruction of the world as an image of money and its functions. Money and the employment of wealth have become the law of European life; we no longer have nations, but economic provinces." (New York Times, Professor Wilheim, a German historian, July 8, 1937).

"If you will look back at every war in Europe during the nineteenth century, you will see that they always ended with the establishment of a 'balance of power.' With every reshuffling there was a balance of power in a new grouping around the House of Rothschild in England, France, or Austria. They grouped nations so that if any king got out of line, a war would break out and the war would be decided by which way the financing went. Researching the debt positions of the warring nations will usually indicate who was to be punished." (Economist Stuart Crane).

"They (the Jews) work more effectively against us than the enemy's armies. They are a hundred times more dangerous to our liberties and the great cause we are engaged in. It is much to be lamented that each state, long ago, has not hunted them down as pests to society and the greatest enemies we have to the happiness of America."
Source: Maxims of George Washington by A.A. Appleton & Co.
"I fully agree with General Washington, that we must protect this young nation from an insidious influence and impenetration. That menace, gentlemen, is the Jews. In whatever country Jews have settled in any great number, they have lowered its moral tone; depreciated its commercial integrity; have segregated themselves and have not been assimilated; have built up a state within a state; and when opposed have tried to strangle that country to death financially, as in the case of Spain and Portugal.

"For over 1700 hundred years, the Jews have been bewailing their sad fate in that they have been exiled from their homeland, as they call Palestine. But, gentlemen, did the world give it to them in fee simple, they would at once find some reason for not returning. Why? Because they are vampires, and vampires do not live on vampires. They cannot live only amongst themselves. They must subsist on other people not of their race. If you do not exclude them from these United States in the Constitution, in less than 200 years they will have swarmed here in such great numbers that they will dominate and devour the land, and change our form of government, for which we Americans have shed our blood, given our lives, our substance, and jeopardized our liberty.

"If you do not exclude them, in less than 200 years our descendants will be working in the fields to furnish them substance, while they will be in the counting houses rubbing their hands. I warn you, gentlemen, if you do not exclude the Jews for all time, your children will curse you in your graves."
-Benjamin Franklin, at the Constitutional Convention of 1787 in Philadelphia.

(Note Jewish have been howling these quotes are false forever, because the know that they are not false been in fact true and thus a great and damning condemnation of their crimes)

When, on the Day of Atonement, you walk into a synagogue, the very first prayer that you recite, you stand -- and it's the only prayer for which you stand -- and you repeat three times a short prayer. The Kol Nidre In that prayer, you enter into an agreement with God Almighty that any oath, vow, or pledge that you may make during the next twelve months -- any oath, vow or pledge that you may take during the next twelve months shall be null and void.
The oath shall not be an oath; the vow shall not be a vow; the pledge shall not be a pledge. They shall have no force and effect, and so forth and so on.

And further than that, the Talmud teaches: "Don't forget -- whenever you take an oath, vow, and pledge -- remember the Kol Nidre prayer that you recited on the Day of Atonement, and that exempts you from fulfilling that". -Freedman
Sounds like a people you can trust to tell you the truth?


The silent war against America started in 1791 when the Rothschild agent and Jew, Alexander Hamilton in George Washington's cabinet. Was able to set up the legal base for a central bank in America to be born, the "First Bank Of the United States." With a 20 year charter 1811, the charter for Rothschild's "First Bank Of the United States" runs out and Congress votes against it's renewal. In response to this Nathan Mayer Rothschild threatens the America government with the direct statement " Either the application for renewal of the charter is granted or the United States will find itself involved in a most disastrous war."

The American government refuses to bow to the threat and the vote remained.

Nathan Rothschild upon hearing the news makes the statement "Teach those impudent American's a lesson bring them back to colonial status!" So Britain by this time being firmly under the control of Rothschild's and other Jewish banker families declares war on America. The war of 1812 begins which will last several years and kill thousands and leaves the American capital burned to the ground. The aim of this war for the Jews was to cause the Free Gentile Nation of America to create such a massive war debt in defending themselves they would be forced to cede, and renew the charter.
The plan succeeds in 1816 the American government forced by terrorist tactics of the Jews creates a new 20 year charter for the Rothschilds "Second Bank of America."

In 1832 things start to change Andrew Jackson runs for the second campaign for office on the promise: "Jackson and no Bank!" Jackson angry at the criminal nature of the Rothschilds banking tactics, desires to end their mafia like control on American's money system and put it back into the trust of the American people. Jackson does this by removing all government deposits from the "Second Bank Of American" and into the Gentile owned American Banks.

The Rothschilds then send their agents out to contract the money supply to cause a depression in the Nation to hit, as way to pressure the government. Jackson openly declares then as the crooks they are and vows to route them out. Not long after on January 30th 1835 there is an assassination attempt on President Jackson, he is saved by the fact the assassins pistols both misfire. Later Jackson states he knew the Rothschilds where responsible for the attempt. Jackson not intimidated by the Jewish Banking mafia, continues his long fight against the Rothschilds bank, in 1836 he wins and has their bank cast out of the Nation when their charter is not renewed.

"I am one of those who do not believe the national debt is a national blessing... it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
Andrew Jackson, Letter to L. H. Coleman of Warrenton, N.C., 29 April 1824

Later in 1841 President Tyler vetoes the act to renew the charter of for Rothschilds bank. In response he is threatened with assassin from many "anonymous" sources.

The Jews manifest the Civil War in America President Lincoln appeals to large New York based banks for loans for the war(Rothschild and the Jewish Banker mafia are behind many of and have influence over these banks) the criminal deal they make him is 24% to 36% on all monies loaned. Another attempt to regain control over American people by debt. Lincoln angry and not stupid simply prints his own debt free money instead outwitting the Jews. Lincoln states of this fact "We gave the people of this republic the greatest blessing they ever had, their own paper money to pay their own debts."

In 1863 Lincoln discover the Tsar of Russia Alexander the II' is having identical problems with the Jewish banks mainly the Rothschilds and was also resisting their attempts to create a Central bank in Russia. The Tsar then comes to the aid of Lincoln by ordering that if England and or France (both under the domination of Rothschild/Jewish banker families) actively came to the aid of the South he would consider this an act of open war. And take up arms on the side of President Lincoln. The Tsar then orders a major part of his Pacific fleet to San Francisco and New York.

In 1865 President Lincoln states: "I have two great enemies the Southern Army in the front of me, and the financial institutions in the rear. Of the two, the one in the rear is my greatest foe." In the same year on April 14, Lincoln is assassinated by Jew John Wilks Booth:

"John Booth, a Jewish silversmith whose ancestors had been exiled from Portugal because of their radical political views. In London the refugees had continued their trade and free thinking, and John had married Wilkes' cousin. This Wilkes was the 'celebrated agitator John Wilkes of Westminster, London...John Wilkes Booth's father was Junius Brutus Booth." (The Mad Booths of Maryland)


Major General. Count Cherep Spiridovich showed just how it was the Jewish bankers created the Civil War, why they opposed Lincoln:
"To pay the soldiers the Government issued its Treasury notes, authorized by act of Congress, July 17, 1861, for $50.000.000, bearing no interest. These notes circulated at par with gold. The Rothachilds' agents inspired the American banks to offer to Lincoln a loan of $150 million. But before they had taken much of the loan, the banks broke down and suspended specie payments in Dec. 1861. They wished to blackmail Lincoln and demanded the 'shaving' of government paper to the extent of 33%, an extortion which was refused. A bill drafted for the Government issue of $150 million, which should be full legal tender for every debt in the United States, passed the House of Representatives Feb. 25, 1862, and was hailed with delight by the entire country. But the Wall Street bankers were furious.
Sen. Pettigrew reprints the so called 'Hazzard Circular' sent in 1862 by the Bank of England (ruled by the Rothschilds):

'Slavery is likely to be abolished by the war power and chattel slavery destroyed. This I (Rothschild) and my European friends (the 300 men) are glad of, for slavery is but the owning of labor and carries with it the care of the laborer, while the European (read 'Rothschildian') plan led on by England (i. e. the Rothschilds) is for capital to control labor by controlling wages. THIS CAN BE DONE BY CONTROLLING THE MONEY. THE GREAT DEBT THAT CAPITALISTS WILL SEE TO IS MADE OUT OF THE WAR must be used as a means to control the volume of money. To accomplish this the BONDS must be used as a banking basis. We are now waiting for the Secretary of the Treasury to make his recommendation to Congress. It will not do to ALLOW the GREENBACK, as it is called, to circulate as money any length of time, as we cannot control that.'

Thus the order of the Rothschilds was clear: 'Capitalists WILL SEE TO IT that a DEBT is MADE out of the war.'
The result was that by 'hook and crook' the Rothschilds enslaved this country. And Schiffs, Baruchs & Co. are the rulers.
The Chairman of the Committee on Ways and Means of the House of Representatives, Mr. Thaddeus Stevens explains how the United States was captured by the Rothschilds:
'The agents of the banks fell upon the bill in haste and disfigured it.'

In the Senate this amendment was tacked upon the bill:
'Good for all debts and dues of the U. S. EXCEPT DUTIES ON IMPORTS AND INTEREST on the PUBLIC DEBT,' ($150 million above mentioned, plus $70 million, a pre-war debt).
'Thus equipped this bill went forth to rob every American and turn the ownership of this nation into the hands of capitalists.' (Mrs. Hobart).

When the bill came back to the House, Mr. Stevens said:'We are about to consummate a cunningly devised scheme which will bring GREAT LOSS to all classes of people, except one' (the Rothschilds' branch of the Wall Street). The bill was passed.
The Rothschilds were in possession of 80% of the gold the country. They had a 'corner' on gold. By securing discrimination against the 'greenback' by means of the 'Exception clauses' they made a market for their gold.

'Importers were obliged to go to Wall Street to buy gold to pay duties on their goods, and the Wall Street gamblers held the power to fix the price. Gold went to a premium. Had the greenbacks been permitted to retain their full legal tender quality, there would have been no need for gold to pay import duties. The price of gold rapidly rose and before the war closed had reached the price of $2.85, measured in greenbacks. The gold bought in Wall Street to pay import duties became the revenues of the government and was by it paid back to Wall Street as interest on the public debt. As fast as the bankers sold the gold it was returned for interest on the public debt to be sold again. Thus during the entire war these gold gamblers speculated in gold, making fortunes from the blood and tears of the American people,' (Mrs M. E. Hobart in her 'The Secret of Rothschilds,' p. 54.)
Two more issues of $150 million each, with the 'Except clause' were authorized in July, 1862 and in March, 1863, m ing in all $450,000,000. They bore no interest. When these issues were exhausted and necessity arose for additional money the bankers demanded that Treasury Notes should no longer be made in the form of DOLLARS, but in the form of BONDS: bond draws interest, the dollar does not.
A gigantic war costing seven billions was carried through without gold. Why? Because everything was supplied at home and American money, the 'greenbacks' were gladly accepted.

'How then was it that this government, several years after the was over, found itself owing in London and Wall Street several hundred million dollars to men who never fought a battle, who never made a uniform, never furnished a pound of bread, men, who never did an honest day's ~ in all their lives... The fact is, that billions owned by the sweat, tears and blood of American laborers have been poured into the coffers of these men for absolutely nothing. This 'sacred war debt' was only a gigantic of fraud, concocted by European capitalists and enacted into American law by the aid of American congressmen, who were their paid hirelings or their ignorant dupes. That this crime has remained uncovered is due to the power of prejudice which seldom permits the victim to see clearly or reason correctly: 'the Money power prolongs its reign by working on the prejudices.' (Lincoln). Every means has been employed to deceive the masses. Ridicule and derision have been applied to all opposition, while flattery and appreciation were showered upon the officials,' (Mary E. Hobart, p. 49).
[***]
Bismarck knew the truth and revealed it in 1876 to a German, Conrad Siem, who published it ('La Vieille France,' N-216, March, 1921). Bismarck said:
'The division of the United States into two federations of equal force was decided long before the Civil War by the High Financial Power of Europe. These bankers were afraid that the United States, if they remained in one block and as one nation, would attain economical and financial independence, which would upset their financial domination over the World. The voice of the Rothschilds predominated. They foresaw tremendous booty if they could substitute two feeble democracies, indebted to the Jewish financiers, to the vigorous Republic, confident and self-providing. Therefore, they started their emissaries in order to exploit the question of slavery and thus to dig an abyss between the two parts of the Republic. Lincoln never suspected these underground machinations. He was anti-Slaverist, and he was elected as such, But his character prevented him from being the man of one party. When he had affairs in his hands, he perceived that these sinister financiers of Europe, the Rothschilds, wished to make him the executor of their designs. They made the rupture between the North and the South imminent! The masters of Finance in Europe made this rupture definitive in order to exploit it to the utmost. Lincoln's personality surprised them. His candidature did not trouble them: they thought to easily dupe the candidate woodcutter. But Lincoln read their plots and soon understood, that the South was not the worst foe, but the Jew financiers. He did not confide his apprehensions; he watched the gestures of the Hidden Hand; he did not wish to expose publicly the questions which would disconcert the ignorant masses. He decided to eliminate the International bankers, by establishing a system of Loans, allowing the States to borrow directly from the people without intermediary. He did not study financial questions, but his robust good sense revealed to him, that the source of any wealth resides in the work and economy of the nation. He opposed emissions through the International financiers. He obtained from Congress the right to borrow from the people by selling to it the 'bonds' of States. The local banks were only too glad to help such a system. And the Government and the nation escaped the plots of the foreign financiers. They understood at once, that the United Stats would escape their grip. The death of Lincoln was resolved upon. Nothing is easier than to find a fanatic to strike.'
'The death of Lincoln, was a disaster for Christendom. There was no man in the United States great enough to wear his boots. And Israel went anew to grab the riches of the World. I fear that Jewish Banks with their craftiness and tortuous tricks will entirely control the exuberant riches of America, and use it to systematically corrupt modern civilization. The Jew will not hesitate to plunge the whole of Christendom into wars and chaos, in order that 'the earth should become the inheritance of Israel.''

Thus Bismarck, who knew the game of the Jews, spoke in 1876, [***] According to Bismarck the awful Civil War in America was fomented by a Jewish Conspiracy, and Abraham Lincoln, the hero, and national Saint of the United States, was killed by the same Hidden Hand, which killed six Romanov Czars, ten Kings and scores of Ministers only to easier bleed their nations. [***] Lincoln was reinaugurated on March 4, 1865 and was shot on April 4th, 1865 by an actor Wilkes Booth, who cried: 'The South is revenged.' He was a Jew, but this has never been mentioned!"—Maj.-Gen., Count Cherep-Spiridovich, The Secret World Government, Or, "The Hidden Hand": the Unrevealed in History: 100 Historical "Mysteries" Explained, The Anti-Bolshevist Publishing Association, New York, (1926), pp. 177-178, 180-181, 183.[1]


1881 President Garfield states two weeks before he is also assassinated by Jew Charles J. Guiteau : "Whoever controls the volume of money in our country is absolute master of all industry.....and commerce and you when you realize the entire system is very easily controlled, one way or another by a few powerful men at the top,you will not have to be told how periods of inflation and depression originate."

The next two Presidents to be murdered where also murdered by the Jews William McKinley, the third American President to be assassinated, was murdered by a Jew called Leon Czolgosz. And President Kennedy was also killed by Jewry for the same reasons Congressman McFadden was and President Jackson had two attempts on his life. And Lincoln was killed.etc

Then in 1913 the Federal Reserve central bank is set up in America, under orders of Jewish puppet President Woodrow Wilson. This act literally hands the America economy over to a handful of power Jewish banking families. Bring what President Garfield warned about to pass.
The main Jewish names behind creating this system of control where:

The Rothschilds
The Rockefellers
The Morgans
The Warburgs

The placement for this was carried out by Morgan who used his position to publish lies that a powerful bank in New York was bankrupt, knowing it would cause mass panic and chain reaction among the Gentile public causing them to withdraw their monies. Causing the banks to call in all loans which forced the recipients of the loans to sell whatever they had from properties on. Thus a depression was generated by the Jews.

"Early in 1907, New York Times Annual Financial Review published (Jew)Paul Warburg's(a partner of Kuhn, Loeb and Co. first official reform plan, entitled "A Plan for a Modified Central Bank," in which he outlined remedies that he thought might avert panics. Early in 1907, (Jew)Jacob Schiff the chief executive officer of (Jews) Kuhn, Loeb and Co. in a speech to the New York Chamber of Commerce warned that "unless we have a central bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history." "The Panic of 1907" hit full stride in October." [Herrick]"The Panic of 1907 and Some of Its Lessons", Annals of the American Academy of Political and Social Science, vol. 31 (Jan.-June 1908)

"The Morgan interestings took advantage to precipitate the panic of 1907, guiding it shrewdly as it progressed." -Fredrick Allen, Life Magazine
This lead to a Congressional investigation headed by Aldrich that stated a central bank should be created to stop such a event from happening in the future. Note Aldrich later married into the Rockefeller family.

In 1910 the Jewish bankers held a secret meeting on a Morgan estate on Jekyll Island where they drafted the Blueprint, and then handed it over to Aldrich, who brought it into Congress.
"Aldrich's investigation led to his plan in 1912 to bring central banking to the United States, with promises of financial stability, expanded international roles, control by impartial experts and no political meddling in finance. Aldrich asserted that a central bank had to be (contradictorily) decentralized somehow, or it would be attacked by local politicians and bankers as had the First and Second Banks of the United States. The Aldrich plan was introduced in 62nd and 63rd Congresses (1912 and 1913) but never gained much traction as the Democrats in 1912 won control of both the House and the Senate as well as the White House." This later became known as the Federal Reserve Act

When in 1913 Woodrow Wilson who was put up and backed by the Jewish bankers was elected President upon the promise to them in return for their financial support to sign the Fed Reserve act into law. At the time the act was frustrated in Congress from passing. The Jews moved, days before the Christmas of 1913 when the majority of the Congress men where home with their families the Federal Reserve act was voted in. And Wilson true to his treasonous word, make it law.
"The Aldrich Plan is the Wall Street Plan. It means another panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead." - The Aldrich Plan was a forerunner to that which spawned the Federal Reserve." -Congressman Lindbergh

A world banking system was being set up here, a super state controlled by [Jewish]international bankers acting together to enslave the world for their own pleasure, the Fed has usurped the Government."-Congressman Louis McFadden, upon the passage of the Federal Reserve bill.

This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill."
-Congressman Lindbergh

"This Act establishes the most gigantic trust on Earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized, the people may not know it immediately but the day of reckoning is only a few years removed.... The worst legislative crime of the ages is perpetrated by this banking bill."
-Congressman Lindbergh

"The Federal Reserve System virtually controls the Nation's monetary system, yet it is accountable to no one it has not budget, it is subject to no audit, and no Congressional Committee knows of, or can truly supervise it's operations"
-Profession M. Rothbard

President Wilson also brought America into the First War for the Jews, after being elected on the promise of keeping America out of the war.

The other important reason the Jews wanted American in World War One, was now in control of the American money supply via the Fed Reserve, they need America to enter into the war, which would require the American government to take massive war loans and hook them into debt to the Jewish banks faster and on a monolithic pace.

As the Jewish defector who was later murdered by the Mossad, Benjamin Freedman speaks:

"At the outbreak of World War 1 the Fed was better positioned than the Treasury to issue war bonds, and so became the primary retailer for war bonds under the direction of the Treasury. After the war, the Fed, led by Paul Warburg and New York Governor Bank President Benjamin Strong convinced Congress to modify its powers, giving it the ability to both create money, as the 1913 Act intended, and destroy money, as a central bank could."
From the confession of one of the key Jewish swindlers involved at the time:

"I was 'confidential man' to (Jew)Henry Morgenthau, Sr., who was chairman of the Finance Committee, and I was liaison between him and Rollo Wells, the treasurer. So I sat in these meetings with President Wilson at the head of the table, and all the others, and I heard them drum into President Wilson's brain the graduated income tax and what has become the Federal Reserve, and also indoctrinate him with the Zionist movement.

Justice Brandeis and President Wilson were just as close as the two fingers on this hand, and President Woodrow Wilson was just as incompetent when it came to determining what was going on as a newborn baby. And that's how they got us into World War I, while we all slept.

The Zionists in London sent these cables to the United States, to Justice Brandeis: "Go to work on President Wilson. We're getting from England what we want. Now you go to work, and you go to work on President Wilson and get the United States into the war." And that did happen. That's how the United States got into the war. We had no more interest in it; we had no more right to be in it than we have to be on the moon tonight instead of in this room.

Now the war, World War I, in which the United States participated, had absolutely no reason to be our war. We went in there, we were railroaded into it, if I can be vulgar, we were suckered into that war merely so that the Zionists of the world could obtain Palestine. Now, that is something that the people in the United States have never been told. They never knew why we went into World War One. Now, what happened?

World War I broke out in the summer of 1914. Within two years Germany had won that war not a shot had been fired on the German soil. Not an enemy soldier had crossed the border into Germany. And yet, here was Germany offering England peace terms.

While that was going on, the Zionists in Germany, who represented the Zionists from Eastern Europe, went to the British War Cabinet, and they said "Look here, you can yet win this war. You don't have to give up. You don't have to accept the negotiated peace offered to you now by Germany. You can win this war if the United States will come in as your ally."

They [Zionists] told England: "We will guarantee to bring the United States into the war as your ally, to fight with you on your side, if you will promise us Palestine after you win the war." In other words, they made this deal- "We will get the United States into this war as your ally. The price you must pay us is Palestine after you have won the war and defeated Germany, Austria-Hungary, and Turkey."
Now England had as much right to promise Palestine to anybody, as the United States would have to promise Japan to Ireland for any reason whatsoever. It's absolutely absurd that Great Britain [that never had any connection or any interest or any right in what is known as Palestine] should offer it as coin of the realm to pay the Zionists for bringing the United States into the war.

However, they made that promise, in October of 1916, and shortly after that the United States, which was almost totally pro-German; totally pro-German because the newspapers here were controlled by Jews, the bankers were Jews, all the media of mass communications in this country were controlled by Jews, and they were pro-German because their people, in the majority of who came from Germany, and they wanted to see Germany defeat the Czar.

The Jews didn't like the Czar, and they didn't want Russia to win this war. So the German bankers -- the German-Jews -- Kuhn Loeb and the other big banking firms in the United States refused to finance France or England to the extent of one dollar. They stood aside and they said: "As long as France and England are tied up with Russia, not one cent!" But they poured money into Germany, they fought with Germany against Russia, trying to defeat the Czarist regime.
Now those same Jews, when they saw the possibility of getting Palestine, they went to England and they made this deal. At that time, everything changed, like the traffic light that changes from red to green. Where the newspapers had been all pro-German, where they'd been telling the people of the difficulties that Germany was having fighting Great Britain commercially and in other respects, all of a sudden the Germans were no good. They were villains. They were Huns. They were shooting Red Cross nurses. They were cutting off babies' hands. And they were no good.

Well, shortly after that, Mr. Wilson declared war on Germany.
The Zionists in London sent these cables to the United States, to Justice Brandeis: "Go to work on President Wilson. We're getting from England what we want. Now you go to work, and you go to work on President Wilson and get the United States into the war." And that did happen. That's how the United States got into the war. We had no more interest in it; we had no more right to be in it than we have to be on the moon tonight instead of in this room." [3]


"President Woodrow Wilson was the fairy godmother who provided Trotsky with a passport to return to Russia to "carry forward" the revolution. This American passport was accompanied by a Russian entry permit and a British transit visa. Jennings C. Wise, in Woodrow Wilson: Disciple of Revolution, makes the pertinent comment, "Historians must never forget that Woodrow Wilson, despite the efforts of the British police, made it possible for Leon Trotsky to enter Russia with an American passport."
-Wall Street And The Bolshevik Revolution"

Sounds like a loyal American President, does he not?

"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it."
Woodrow Wilson, The New Freedom (1913), Doubleday

"The present Federal Reserve System is a flagrant case of the Governments conferring a special privilege upon bankers. The Government hands to the banks its credit, at virtually no cost to the banks, to be loaned out by the bankers for their own private profit. Still worse, however, is the fact that it gives the bankers practically complete control of the amount of money that shall be in circulation. Not one dollar of these Federal Reserve notes gets into circulation without being borrowed into circulation and without someone paying interest to some bank to keep it circulating. Our present money system is a debt money system. Before a dollar can circulate, a debt must be created. Such a system assumes that you can borrow yourself out of debt."
-Willis A. Overholser, A short review and analysis of the history of money in the United States, with an introduction to the current money problem (1936), p. 56



Once in control with the Federal Reserve the Jews moved quickly with increasing the money supply from 1914 to 1919, much was in loans to smaller banks, in 1920 the Jews called in the majority of all loans sparking a identical crisis to the 1907 one (the Jews had lied to the public telling the Fed Act passage would prevent such problems-- Hegelian anyone?) This move wiped out over 5400 Gentile banks outside of the official grip of the Jewish bankers and consolidated more power under the Jewish banking Families.

"Under the Federal Reserve Act, panic's are scientifically created as the present panic is the first scientifically created one, worked out as we work out a mathematical equation."- Congressman Lindbergh, on the crash of 1920

From 1921 to 1929 the Jewish Fed replayed this criminal robbery again, the new tool also used was the Margin loan, which allowed a investor to only have to put down 10% of a stocks worth with the other 90% being loaned by a broker. Hence the "Roaring 20's" The catch the Jews put in was the Margin loan could be called in at any time and had to be paid within 24 hours of such "Margin call" The result of such a call is the selling of the stock brought with the loan in question.

1929 the Jewish bankers such as Rockefeller and others withdrawn from the market out the backdoor. On Oct 24, the Margin loans are called in mass waves. Everyone starts selling their stocks at once, in the encoring crash over 16,000 banks are wiped out alone. The Jews then swooped in and brought up the entire socket market at a penny cost. Leaving them in control of numerous corporations across the board. And generally the entire economic system. The Jews then purposely shrank the money supply increasing the depression to the point it is remember to this day as "The Great Depression."

"It was a carefully contrived occurrence, International Bankers sought to bring conditions of despair so they might emerge rulers of us all".-Congressman Madden, on the truth of the Great Depression
Congressman McFadden along term crusader against the Jewish bankers, declared his intention of pushing for an impeachment of the Fed, he had already survived several assassination attempts on his life, the last one was successful .

"Now that this sterling American patriot has made the Passing[McFadden], it can be revealed that not long after his public utterance against the encroaching powers of Judah, it became known among his intimates that he had suffered two attacks against his life. The first attack came in the form of two revolver shots fired at him from ambush as he was alighting from a cab in front of one of the Capital hotels. Fortunately both shots missed him, the bullets burying themselves in the structure of the cab."

"He became violently ill after partaking of food at a political banquet at Washington. His life was only saved from what was subsequently announced as a poisoning by the presence of a physician friend at the banquet, who at once procured a stomach pump and subjected the Congressman to emergency treatment." /s/ Robert Edward Edmondson (Publicist-Economist)

Two of Congressman McFadden Speeches in the second one Financial Interests Should Not Dictate Foreign Policy of United States Government." Congressman McFadden comes out on the Jews by openly as such.

On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON.
The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has
YET TO BE ACTED ON.
So, this ELECTRONIC BOOKLET should be reprinted, reposted,
set up on web pages and circulated far and wide.
Congressman McFadden
on the Federal Reserve Corporation
Remarks in Congress, 1934
AN ASTOUNDING EXPOSUREÂ Reprinted by permission 1978 Arizona Caucus Club
Congressman McFadden's Speech
On the Federal Reserve Corporation
Quotations from several speeches made on the Floor of the House of Representatives by the Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having served as Chairman of the Banking and Currency Committee for more than 10 years, was the best posted man on these matters in America and was in a position to speak with authority of the vast ramifications of this gigantic private credit monopoly. As Representative of a State which was among the first to declare its freedom from foreign money tyrants it is fitting that Pennsylvania, the cradle of liberty, be again given the credit for producing a son that was not afraid to hurl defiance in the face of the money-bund. Whereas Mr. McFadden was elected to the high office on both the Democratic and Republican tickets, there can be no accusation of partisanship lodged against him. Because these speeches are set out in full in the Congressional Record, they carry weight that no amount of condemnation on the part of private individuals could hope to carry.
The Federal Reserve-A Corrupt Institution.
"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, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.
"This evil institution has impoverished and ruined the people of these 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 Fed and through the corrupt practices of the moneyed vultures who control it.
"Some people who think that the Federal Reserve Banks United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. 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 legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
"These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining 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 World War. They financed 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 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 breaking up of American homes and the dispersal of American children. "Mr. Chairman, there should be no partisanship in matters concerning banking and currency affairs in 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, if not the accomplice, of the European bankers who for nearly twenty years had been scheming to set up a central bank in this Country and who in 1912 has spent and were continuing to spend vast sums of money to accomplish their purpose.
"We were opposed to the Aldrich plan for a central bank. The men who rule 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 reigns 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 from the cradle to the grave.
"The Federal Reserve Bank destroyed our old and characteristic way of doing business. It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sough to save us.
PRESIDENT JACKSON'S TIME
"One of the greatest battles for the preservation of this Republic was fought out here in Jackson's time; when the second Bank of the United States, founded on the same false principles of those which are here exemplified in the Fed was hurled out of existence. After that, in 1837, the Country was warned against the dangers that might ensue if the predatory interests after being cast out should 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 Fed.
"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 Fed. Look around you when you leave this Chamber and you will see evidences of it in all sides. This is an era of misery and for the conditions that caused that misery, the Fed are fully liable. This is an era of financed crime and in the financing of crime the Fed does not play the part of a disinterested spectator.
"It has been said that the draughtsman who was employed to write the text of the Aldrich bill because that had been drawn up by lawyers, by acceptance bankers of European origin in New York. It was a copy, in general a translation of the statues of the Reichsbank and other European central banks. One-half million dollars was spent on the part of the propaganda organized by these bankers for the purpose of misleading public opinion and giving Congress the impression that there was an overwhelming popular demand for it and the kind of currency that goes with it, namely, an asset currency based on human debts and obligations. Dr. H. Parker Willis had been employed by Wall Street and propagandists, and when the Aldrich measure failed- he obtained employment with Carter Glass, to assist in drawing the banking bill for the Wilson administration. He appropriated the text of the Aldrich bill. There is no secret about it. The test of the Federal Reserve Act was tainted from the first.
"A few days before the bill came to a vote, Senator Henry Cabot Lodge, of Massachusetts, wrote to Senator John W. Weeks as follows:
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. "`The powers vested in the Federal Reserve Board seen 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 dominations. The bill as it stands seems to me to open the way to a vast inflation of the currency. "`I had hoped to support this bill, but I cannot vote for it cause 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 Truly Yours,
Henry Cabot Lodge.'"
"In eighteen years that 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 horse thieves and card sharps, bootlegger's smugglers, speculators, and swindlers in all parts of the world. Through the Fed the riffraff of every country is operating on the public credit of the United States Government.
THE GREAT DEPRESSION
"Meanwhile and on account of it, we ourselves are in the midst of the greatest depression we have ever known. From the Atlantic to the Pacific, our Country has been ravaged and laid waste by the evil practices of the Fed and the interests which control them. At no time in our history, has the general welfare of the people been at a lower level or the minds of the people so full of despair.
"Recently in one of our States, 60,000 dwelling houses and farms were brought under the hammer in a single day. 71,000 houses and farms in Oakland County, Michigan, were sold and their erstwhile owners dispossessed. The people who have thus been driven out are the wastage of the Fed. They are the victims of the Fed. Their children are the new slaves of the auction blocks in the revival of the institution of human slavery.
The Scheme of the Fed
"In 1913, before the Senate Banking and Currency Committee, Mr. Alexander Lassen made the following statement: "The whole scheme of the Fed with its commercial paper is an impractical, cumbersome machinery- is simply a cover 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 reducing interest rates. It will prove to the advantage of the few and the detriment of the people. It will mean continued shortage of actual money and further extension of credits, for when there is a shortage of money people have to borrow to their cost.' "A few days before the Fed passed, Senator Root denounced the Fed as an outrage on our liberties. He predicted: `Long before we wake up from our dream 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.
"The Fed became law the day before Christmas Eve, in the year 1913, and shortly afterwards, the German International bankers, Kuhn, Loeb and Co. sent one of their partners here to run it.
"The Fed Note is essentially unsound. It is the worst currency and the most dangerous that this Country has ever known. When the proponents of the act saw that the 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. "As Kemerer says: `The Fed 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 guarantee against which contingency the Government has made no provision whatever.'
"Hon. L.J.Hill, a former member of the House, said, and truly: "They are obligations of the Government for which the United States received nothing and for the payment of which at any time, it assumes the responsibility: looking to the Fed to recoup itself.'
"If this United States is to redeem the Fed Notes, when the General Public finds it costs to deliver this paper to the Fed, and if the Government has made no provisions for redeeming them, the first element of unsoundness is not far to seek.
"Before the Banking and Currency Committee, when the bill was under discussion Mr. Crozier of Cincinnati said: `The imperial power of elasticity of the public currency is wielded exclusively by the 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. The 12 Corporations together cover y and monopolize and use for private gain- every dollar of the public currency and all public revenue 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 Fed created the 12 private credit corporations and gave them an absolute monopoly of the currency of these United States- not of the Fed Notes alone- but of all other currency! The Fed Act providing ways and means by which the gold and general currency in the hands of the American people could be obtained by the Fed in exchange for Fed Notes- which are not money- but mere promises to pay.
"Since the evil day when this was done, the initial monopoly has been extended by vicious amendments to the Fed and by the unlawful and treasonable practices of the Fed.
Money for the Scottish Distillers
"Mr. Chairman, if a Scottish distiller wishes to send a cargo of Scotch whiskey to these 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 Fed will buy it and use it as collateral for a new issue of Fed Notes. Thus the Government of these United States pay the Scotch distiller for the whiskey before it is shipped, and if it is lost on the way, or if the Coast Guard seizes it and destroys it, the Fed 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 Fed are in the distillery business in Europe and paying bootlegger bills with public credit of these United States. "Mr. Chairman, by the same process, they compel our Government to pay the German brewer for his beer. Why should the Fed be permitted to finance the brewing industry in 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 in Japan to use in Manchuria or elsewhere, it can drew its bill against the Japanese customers in dollars and send that bill to the nefarious open discount market in New York City where the Fed will buy it and use it as collateral for a new issue of Fed Notes- while at the same time the Fed 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 Fed is making our Government pay Japanese debts to German Munitions makers?
"Mr. Chairman, if a German 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 Fed and get the money out of this Country at the expense of the American people 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 any other Country, he can draw his bill against his customers and send it to these 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 these United States be issued on the strength of German Beer? Why should it be issued on the crop of unplanted beans to be grown in Chili for Japanese consumption? Why should these 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 that they had to lose it? Why should the public credit of these United States and likewise money belonging to our National Bank depositors be used to support foreign brewers, narcotic drug vendors, whiskey distillers, wig makes, human hair merchants, Chilean bean growers, to finance the munition factories of Germany and Soviet Russia?
THE UNITED STATES HAS BEEN RANSACKED
"The United States has been ransacked and pillaged. Our structures have been gutted and only the walls are left standing. While being perpetrated, everything the world would rake up to sell us was brought in here at our expense by the Fed until our markets were swamped with unneeded and unwanted imported goods priced far above their value and make to equal the dollar volume of our honest exports, and to kill or reduce our favorite balance of trade. As Agents of the foreign central banks the Fed try by every means in their power to reduce our favorable balance of trade. They act for their foreign principal and they accept fees from foreigners for acting against the best interests of these United States. Naturally there has been great competition among among foreigners for the favors of the Fed.
"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.
"Mr. Chairman, there is nothing like the Fed pool of confiscated bank deposits in the world. It is a public trough of American wealth in which the foreigners claim rights, equal to or greater than Americans. The Fed 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 our 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.
"We need to destroy the Fed wherein our national reserves are impounded for the benefit of the foreigners. "We need to save America for Americans.
SPURIOUS SECURITIES
"Mr. Chairman, when you hold a $10.00 Fed Note in your hand, you are holding apiece of paper which sooner or later is going to cost the United States Government $10.00 in gold (unless the Government is obliged to go off the gold standard). It is based on limburger cheese (reported to be in foreign warehouses) or in cans purported to contain peas (but may contain salt water instead), or horse meat, illicit drugs, bootleggers fancies, rags and bones from Soviet Russia (of which these United States imported over a million dollars worth last year), on wines whiskey, natural gas, goat and dog fur, garlic on the string, and Bombay ducks.
"If you like to have paper money- which is secured by such commodities- you have it in Fed Note. If you desire to obtain the thing of value upon which this paper currency is based, that is, the limburger cheese, the whiskey, 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 more, I do not think that you would find them there if you did go.
"On April 27, 1932, the Fed 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. About the middle of May $12,000,000 in gold was shipped to Germany by the Fed. Almost every week there is a shipment of gold to Germany. These shipments are not made for profit on the exchange since the German marks are blow parity with the dollar.
"Mr. Chairman, I believe that the National Bank depositors of these United States have a right to know what the Fed are doing with their money. There are millions of National Bank depositors in the Country who do not know that a percentage of every dollar they deposit in a Member Bank of the Fed goes automatically to American Agents of the foreign banks and that all their deposits can be paid away to foreigners without their knowledge or consent by the crooked machinery of the Fed and the questionable practices of the Fed.
[Ed. Note- Problem with next paragraph in original] "Mr. Chairman, the American people should be told the truth by their servants in office. In 1930, we had over a half billion dollars outstanding daily to finance foreign goods stored in or shipped between several billion dollars. What goods are these on which the Fed yearly pledge several billions of dollars. In its yearly total, this item amounts to several billions of dollars of the public credit of these United States?
"What goods are those which are hidden in European and Asiatic stores have not been seen by any officer of our Government but which are being financed on the public credit of the United States Government? What goods are those upon which the 17 United States Government is being obligated by the Fed to issue Fed Notes to the extent of several billions of dollars a year?
The Bankers' Acceptance Racket
"The Fed have been International Banks from the beginning, with these United States as their enforced banker and supplier of currency. But it is none the less extraordinary to see these these twelve private credit monopolies, buying the debts of foreigners against foreigners, in all parts of the world and asking the Government of these United States for new issues of Fed notes in exchange for them. "The magnitude of the acceptance racket as it has been developed by the Fed, their foreign correspondents, and the predatory European born bankers, who set up the Fed here and taught your own, by and 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 per year. In the past ten years it is said to have amounted to $90,000,000,000.00. In my opinion it has amounted to several times that much. coupled to this you have to the extent of billions of dollars, the gambling in the United States securities, which takes place in the same open discount market- a gambling on which the Fed is now spending $100,000,000.00 per week.
"Fed Notes are taken from the U.S. Government in unlimited quantities. Is is 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 to] again bind down this burden on the backs of the American people and by means of a long rawhide whip of the credit masters, compel them to enter another seventeen years of slavery?
"They are trying to do that now. They are trying to take $100,000,000.00 of the public credit of the United States every week, in addition to all their other seizures and they are sending that money to the nefarious open market 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 the money they are buying our Government securities for themselves and their foreign principals. Our people are disgusted with the experiences of the Fed. The Fed 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.
"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 Fed borrowed $60,598,690,000. from the Fed on their fifteen-day promissory notes. Think of it. Sixty billion dollars payable on demand in gold in the course of one single year. The actual amount of such obligations called for six times as much monetary gold as there is in the world. Such transactions represent a grant in the course of one single years of about $7,000,000 to every member of the Fed.
"Is it any wonder that American labor which ultimately pays the cost of all 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 the stock market manipulators and foreign swindlers? "In 1933 the Fed presented the staggering amount of $60,598,690,000 to its member banks at the expense of the wage earners and tax payers of these United States. In 1929, the year of the stock market crash, the Fed advanced $58,000,000,000 to member banks.
"In 1930 while the speculating banks were getting out of the stock market at the expense of the general public, the Fed advanced them $13,022,782,000. This shows that when the banks were gambling on the public credit of these United States as represented by the Fed currency they were subsidized to any amount they required by the Fed. When the swindle began to fall, the bankers knew it in advance and withdrew from the market. They got out with whole skins- and left the people of these United States to pay the piper. "My friend from Kansas, Mr. McGugin, has stated that he thought the Fed lent money on rediscounting. So they do, but they lend comparatively little that way. The real discounting 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 them $60,000,000,000 advances and they prefer to acquire assistance in the notorious open discount market in New York, where they can use it to control the price of stocks and bonds on the exchanges.
"For every dollar they advanced on discounts in 1928, they lent $33.00 to their favorite banks for whom they do a business of several billion dollars income tax on their profits to these United States.
The John Law Swindle
"This is the John Law swindle over again. The theft of Teapot Dome was trifling compared to it. What King ever robbed his subject to such an extent as the Fed has robbed us? Is it any wonder that there have been lately ninety cases of starvation in one of the New York hospitals? Is there any wonder that the children are being abandoned?
"The government and the people of these United States have been swindled by swindlers deluxe to whom the acquisition of American or a parcel of Fed Notes presented no more difficulty than the drawing up of a worthless acceptance in a Country not subject to the laws of these United States, by sharpers not subject to the jurisdiction of these United States, sharpers with strong banking "fence" on this side of the water, a "fence" acting as a receiver of a worthless paper coming from abroad, endorsing it and getting the currency out of the Fed for it as quickly as possible exchanging that currency for gold and in turn transmitting the gold to its foreign confederates.
Ivar Kreuger, the Match King!
"Such were the exploits of Ivar Krueger, Mr. Hoover's friend, and his rotten Wall Street bakers. 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 Fed. The credit of the United States Government was peddled to him by the Fed for their own private gain. That is what the Fed has been doing for many years.
"They have been peddling the credit of this Government and the [signature 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<br/<br/(Message over 64 KB, truncated)