|
A COUNTRY DEFEATED IN =
VICTORY
This is a public domain document, when used in its =
entirety, it=20
is not to be quoted out of context.
The list of books that were used in preparation for this =
paper=20
are located on the last page.
In this ascii version the quotes are located in =
the following=20
brackets. --------------------
--------------------
A COUNTRY DEFEATED IN =
VICTORY
To understand the title of this paper you must be made=20
aware that the country I refer to is the United States. =
Very=20
few Americans are aware of the defeat of which it is my=20
obligation to inform you of. President Lincoln very =
wisely said=20
and correctly so, I might add, that:
"All the armies of Europe, Asia and Africa combined =
could not,=20
by force, take a drink from the Ohio, or make a track on =
the Blue=20
Ridge in a trial of a thousand years. At what point then =
is the=20
approach of danger to be expected? I answer, if it ever =
reach us=20
it must spring up amongst us. It cannot come from abroad.=20
If destruction be our lot, we ourselves must be its =
author=20
and finisher."1
Thomas Jefferson said: "I believe that banking=20
institutions are more dangerous to our liberties than =
standing=20
armies."2
These patriarch's of our country understood the dangers=20
of banking and the men that controlled the banking=20
institutions. The enemy that defeated this country from =
the very=20
beginning was the debt created by the use of paper money =
instead=20
of gold and silver coin. The use of differing weights and =
measures caused this country to fall prey to the =
international=20
bankers. Prior to the Constitution being written the =
States=20
printed paper money to finance the Revolutionary War. At =
the end=20
of the war the new United States found itself bankrupted =
by a=20
huge debt. Our forefathers made it clear because of their =
experience and those of other countries that we should =
never use=20
paper money again.
=
----------------------------------------------------------------- 1=
.=20
THE HISTORY OF THE UNITED STATES, p. 346 2. THE DEBATE =
OVER THE=20
RECHARTER OF THE BANK BILL,=20
=
(1809) ---------------------------------------------------------------=
--
"I am firmly of the opinion that there never was paper pound, a paper dollar, or a paper promise of any =
kind, that=20
ever yet obtained a general currency [as money] but by =
force or=20
fraud, generally by both."3 (John Adams)
"A theft of greater magnitude and still more ruinous, is=20
the making of paper money; it is greater because in this =
money=20
there is absolutely no real value; it is more ruinous =
because by=20
its gradual depreciation during the time of its =
existence,=20
it produces the effect which would be proration of the =
coins.=20
All those iniquities are founded on the false idea the =
money is=20
but a sign."4 (Count Destutt de Tracy)
"If ever again our nation stumbles upon unfunded paper,=20
it shall surely be like death to our body politic. This=20
country will crash."5 (George Washington)
"That paper money corrupted the morals of the people; it=20
had diverted them from the paths of honest industry to =
the ways=20
of ruinous speculation; it had destroyed both public and=20
private credit, and had brought total ruin on numberless =
widows=20
and orphans...I apprehend these general reasoning will be =
found=20
true with respect to paper money: that experience has =
shown that,=20
in every state where it has been practiced since the =
revolution,=20
it always carries the gold and silver out of the country, =
and impoverishes it."6 (C.C. Pinckney)
During the formation of the Constitution there =
were pro-paper=20
and anti-paper money advocates at work. The =
strongest proponent=20
for the use of paper money, and the establishment of the =
first=20
bank of the United States, was Alexander Hamilton. Many =
of our=20
forefathers, including Thomas Jefferson were against the =
use of=20
paper money and the establishment of a central bank. The=20
proponents for paper money said this would be more =
cost effective=20
and convenient than using silver and gold coin. =
Those against the=20
use of paper money said this would ruin the =
country through debt,=20
and plunge this country into bankruptcy, and make the =
Americans=20
subject to the bankers.
=
----------------------------------------------------------------- 3=
.=20
THE MAKING OF AMERICA, p. 117 4. THE MAKING OF AMERICA, =
p.=20
116 5. LIBRARY OF CONGRESS 6. THE MAKING OF AMERICA, =
p. 493,=20
=
494 -----------------------------------------------------------------<=
/P>
"If the American people ever allow the banks to=20
control issuance of their currency, first by inflation =
and then=20
by deflation, the banks and corporations that grow up =
around=20
them will deprive the people of all property until their =
children=20
will wake up homeless on the continent their fathers=20
occupied."7 (Thomas Jefferson)
"On February 15, 1791 Jefferson wrote Washington to tell=20
him his objections of the establishment of a National=20
Bank. The bill for establishing a National Bank =
undertakes=20
among other things: 1. To form the subscribers into a=20
corporation. 2. To enable them in their corporate =
capacities to=20
receive grants of land; and so far is against the laws of =
mortmain. 3. To make alien subscribers capable of holding =
lands;=20
and so far is against the laws of alienage. 4. To =
transmit=20
these lands, on the death of a proprietor, to a certain =
line of=20
successors; and so far changes the course =
of descents. 5. To=20
put the lands out of the reach of forfeiture or =
escheat; and so=20
far is against the laws of forfeiture and escheat. 6. To =
transmit=20
personal chattels to successors in a certain line; and so =
far is=20
against the laws of distribution. 7. To give them the =
sole and=20
exclusive right of banking under the national authority; =
and so=20
far is against the laws of monopoly. 8. To communicate to =
them a=20
power to make laws paramount to the laws of the States; =
for so=20
they must be construed, to protect the institutions from =
the=20
control of the State legislatures; and so, probably, they =
will be=20
construed. I consider the foundation of the Constitution =
as laid=20
on this ground; That "all powers not delegated to the =
United=20
States, by the Constitution, nor prohibited by it to the =
States,=20
are reserved to the States or to the people." To take =
a single=20
step beyond the boundaries thus specially drawn around =
the powers=20
of Congress, is to take possession of a boundless field =
of power,=20
no longer susceptible of any definition. The =
incorporation of=20
a bank, and the powers assumed by this bill, have not, in =
my=20
opinion, been delegated to the United States, by the=20
Constitution. Can it be thought that the Constitution =
intended=20
that for a shade or two of convenience, more or less, =
Congress=20
should be authorized to break down the most ancient and=20
fundamental laws of the several States; such as those =
against=20
mortmain, the laws of alienage, the rules of descent, the =
acts of=20
distribution, the laws of escheat and forfeiture, the =
laws of=20
monopoly?"8
=
----------------------------------------------------------------- 7=
.=20
LIBRARY OF CONGRESS 8. WORDS THAT MADE AMERICAN HISTORY, =
p.=20
=
184 -----------------------------------------------------------------<=
/P>
What did Jefferson mean by the word mortmain? This is a=20
law that was passed prior to the Magna Charta. The reason =
this=20
law was created by the King of England was to protect his =
land.=20
When the Church gained status in England, the people =
began to=20
will their land to the Church in exchange for the promise =
that=20
the Church would pray their souls out of hell. The public =
lands began to disappear so the King enacted this law to =
protect=20
his land. What the law in effect said was that no one =
could=20
deed land to the Church without a license from the King.=20
This definition was later extended to include =
corporations.=20
Jefferson said that because we were the sovereigns, =
Congress was=20
subject to us, they had no right to give a corporate =
charter to=20
the Bank of the United States placing our land in dead =
hands=20
(unable to be purchased again by the public), since =
Congress had=20
not been given this power under the Constitution. Any =
powers not=20
given to Congress by the Constitution were reserved by =
the=20
several States and the American People. Jefferson knew =
that if=20
this charter was given, the public lands would soon =
belong to the=20
Bankers. As Thomas Jefferson said, this was a most =
ancient and=20
fundamental law of the Thirteen States. Can our land be =
reclaimed=20
by the law of mortmain? I don't know yet, but it bears =
looking=20
into. Only sovereigns, that are Sui Juris, Freemen and=20
Freeholders of their property, can bring such a suit. I =
know from=20
studying Blackstone's writings on mortmain that only a =
freeman=20
has a remedy and can bring the common law writ of Quo =
Warranto.=20
Quo Warranto means:
"A writ brought before a proper tribunal, to inquire by=20
what warrant a person or corporation exercises certain=20
powers."9 (Blackstone Commentaries)
Upon ratification of the Constitution, it had appeared=20
that those who opposed paper money had won. The money =
clauses of=20
the Constitution made it unlawful to coin anything except =
gold=20
and silver. However, there was a fatal flaw in the=20
Constitution. The words of the Constitution were twisted =
by=20
lawyer legalize, and
=
----------------------------------------------------------------- 9=
.=20
BLACKSTONE COMMENTARIES, book III, p.=20
=
1840 -----------------------------------------------------------------=
power was claimed by Congress, that was not granted to =
them=20
by the Constitution or the men that wrote the=20
Constitution. Congress was granted exclusive jurisdiction =
over=20
the District of Columbia and its territories, no more, no =
less.=20
It will be shown in this paper, how Congress extended by=20
legislation its territory to include the fifty States. =
Imagine=20
the District of Columbia as a umbrella and that Congress =
opened=20
this umbrella in order to cover the fifty States.
"To exercise exclusive Legislation in all Cases=20
whatsoever, over such District (not exceeding ten Miles =
square)=20
as may, by Cession of particular States, and the =
Acceptance of=20
Congress, become the Seat of the Government of the United =
States,=20
and to exercise like Authority over all Places purchased =
by the=20
Consent of the Legislature of the State in which the Same =
shall=20
be, for the Erection of Forts, Magazines, Arsenals, =
dock-Yards,=20
and other needful Buildings; and...to make all laws which =
shall=20
be necessary and proper for carrying into Execution the=20
foregoing Powers, and all other Powers vested by this=20
Constitution in the Government of the United States, or =
in any=20
Department or Office thereof". (Article One, Section =
Eight,=20
Paragraph Sixteen and Seventeen of the U.S. =
Constitution)
"The Congress shall have Power to dispose of and make=20
all needed Rules and Regulations respecting the Territory =
or=20
other Property belonging to the United States; and =
nothing in=20
this Constitution shall be construed as to Prejudice any =
Claims=20
of the United States, or of any particular State." =
(Article Four=20
Section Three, Paragraph Two of the U.S. =
Constitution)
Hamilton suggested that the word proper gave Congress=20
the power under the Constitution to charter the Bank of =
the=20
United States. Thomas Jefferson said in disagreement =
that:
"The second general phrase is, "to make all laws =
necessary and=20
proper for carrying into execution the enumerated =
powers." But=20
they can all be carried into execution without a bank. =
A bank=20
therefore is not necessary, and consequently not =
authorized by=20
this phrase.
It has been urged that a bank will give great facility=20
or convenience in the collection of taxes. Suppose this =
were=20
true: yet the Constitution allows only the means which =
are=20
"necessary," not those which are merely "convenient" for=20
effecting the enumerated powers."10 (Thomas =
Jefferson)
=
----------------------------------------------------------------- 1=
0.=20
WORDS THAT MADE AMERICAN HISTORY, p.=20
=
186 -----------------------------------------------------------------<=
/P>
Jefferson lost his debate with Hamilton concerning=20
the establishment of the Bank of the United States.=20
Jefferson believed the Constitution was a exclusive not a =
inclusive document and was meant to be a restriction on =
Congress.=20
This began the legal precedent of Congress and the Courts =
claiming power not granted to them by the Citizens of the =
States. Jefferson and the other sponsors of the Tenth =
Amendment=20
thought this Amendment would be enough to check the power =
hungry Congress, but they were wrong. Congress's =
assumption=20
of un-delegated powers made the following possible.
There were two governments created by the Constitution,=20
the following definitions will prove that one was bound =
by=20
the Constitution, the other was not.
The term "United States" may be used in any one of=20
several senses. It may be merely the name of a sovereign=20
occupying the position analogous to that of other =
sovereigns in=20
the family of nations. It may designate the territory =
over which=20
the sovereignty of the United States extends, or it may =
be=20
the collective name of the states which are united by and =
under=20
the Constitution.(fn 6) Hooven & Allison Co. v. Evatt =
(1944)=20
324 U.S. 652, 671, 89 L.Ed. 1252, 1267 Black's Law =
Dictionary,=20
6th Ed.
In exercising this power, Congress is not subject to =
the same=20
constitutional limitations, as when it is legislating =
for the=20
United States. ...And in general the guaranties of=20
the Constitution, save as they are limitations upon the =
exercise=20
of executive and legislative power when exerted for or =
over=20
our insular possessions, extend to them only as Congress, =
in=20
the exercise of its legislative power over territory =
belonging to=20
the United States, has made those guarantees=20
applicable. [Hooven & Allison & Co. vs Evatt, 324 =
U.S.=20
652 (1945)
The idea prevails with some indeed, it found expression=20
in arguments at the bar that we have in this country=20
substantially or practically two national governments; =
one to be=20
maintained under the Constitution, with all its =
restrictions; the=20
other to be maintained by Congress outside and =
independently of=20
that instrument, by exercising such powers as other =
nations of=20
the earth are accustomed to exercise. It will be an =
evil day=20
for American liberty if the theory of a government =
outside of the=20
supreme law of the land finds lodgment in our =
constitutional=20
jurisprudence. No higher duty rests upon this court than =
to exert=20
its full authority to prevent all violation of the =
principles of=20
the Constitution. [Downes vs Bidwell, 182 U.S. 244=20
(1901)](Dissenting opinion)
Nothing in this Covenant requires or authorizes=20
legislation, or other action, by the United States of =
America=20
prohibited by the Constitution of the United States as=20
interpreted by the United States. (INTERNATIONAL COVENANT =
ON=20
CIVIL AND POLITICAL RIGHTS.) 102d Congress 2d Session, =
Exec.=20
Rept. 102-23 January 30, 1992 (See: page 24.)
When President Washington agreed with Hamilton to create=20
a Bank of the United States this countries fate was =
sealed.=20
With Congress acting under its insular capacity, not =
restrained=20
by the Constitution or the Bill of Rights, their only =
concern=20
then became the furtherance of commerce, not the rights =
of=20
Americans. The actions of Hamilton were directly =
responsible for=20
the defeat of the American people. The American people =
over the=20
course of our history have seen the events that enslaved =
them=20
without realizing their enslavement, because their =
ability to buy=20
and sell was never taken away.
"Our rulers will become corrupt, our people careless...=20
the time for fixing every essential right on a legal =
basis is=20
[now] while our rulers are honest, and ourselves united. =
From=20
the conclusion of this war we shall be going downhill. It =
will=20
not then be necessary to resort every moment to the =
people=20
for support. They will be forgotten, therefore, and their =
rights disregarded. They will forget themselves, but in =
the=20
sole faculty of making money, and will never think of =
uniting=20
to effect a due respect for their rights. The shackles,=20
therefore, which shall not be knocked off at the =
conclusion of=20
this war, will remain on us long, will be made heavier =
and=20
heavier, till our rights shall revive or expire in a=20
convulsion."11 (Thomas Jefferson)
The American people were unaware of the hidden intent of=20
the bankers and the liability and obligation for taking =
their=20
money. The American people were not aware of the =
diabolical plot=20
to take away their freedom, nor were they aware of the =
men=20
responsible for their enslavement. The purpose of this =
paper is=20
to expose and unmask the men behind the defeat and =
enslavement of=20
the American people.
=
----------------------------------------------------------------- 1=
1.=20
NOTES ON THE STATE OF VIRGINIA, query 17, p. 161,=20
=
(1784) ---------------------------------------------------------------=
--
Who were these people? Why weren't the American people=20
listening to the encroachment on their freedom?
To deny the identity of these bankers would be to=20
deny history. It is not anti-semitic to reveal the truth, =
and=20
the factthat those behind the defeat of America are a few =
power hungry Jews. True there are non-Jews involved, but=20
the controlling power are those that control the worlds=20
finances. This paper is impartial, it has not been =
colored for or=20
against any group of people. Jesus said: "Ye shall know =
them by=20
their fruits". The following pages are merely the fruits =
of=20
our history.
The first recorded Jewish settler in Manhattan was a =
man named=20
Jacob Barsimson who arrived early in 1654. He was =
an Ashkenazic,=20
or German Jew.
When the Jews came to New York, it was considered among=20
such families as the Roosevelts, the Van Rensselaers, the =
Goelets, and the Morrises, not to be Jewish. The =
Sephardic=20
families of New York, descended from the St. Charles =
arrivals=20
(also known as the Jewish Mayflower), include the =
Straus', the=20
Warburgs, the Aldrichs, the Kuhns, the Loebs, the =
Lehmans, the=20
Morgans, the Schiffs, the Hendrickses, the Cardozos, the =
Baruchs,=20
the Lazaruses, the Nathans, the Solises, the Gomezes, the =
Lopezes, the Lindos, the Lombrosos, and the Seixases. The =
Roosevelts, Bayards, Van Cortlandts, and Rhinelanders =
were in the=20
sugar refining business. The Rhinelanders also sold =
crockery, and=20
the Schuylers were importers. The Verplancks were =
traders,=20
and Clarksons and Beekmans and Van Zandts were in the =
retail=20
dry goods business. The Brevoorts and Goelets were =
ironmongers,=20
and the Schermerhorns were ship chandlers. The =
Guggenheims are=20
proud to say that they started on foot and, amassed what =
may have=20
been the greatest single fortune in America. The only =
fortune=20
that may outweigh the Guggenheims' is that of John D.=20
Rockefeller. Records place Guggenheims in Lengnau in =
Canton=20
Aargau in German speaking northern Switzerland, as early =
as 1696.=20
A document of that year refers to "der Jud" Maran =
Guggenheimb von=20
Lengnau" and the family had probably come to Lengnau from =
a=20
German town called Guggenheimb (now Jugenheim), near =
Heidelberg.=20
The Seligmans were a major American banking family. Haym =
Solomon,=20
who had come from Poland, worked closely with William =
Morris and=20
the Continental Congress as a broker, and helped raise a=20
particularly large sum for the Revolution. For his =
services he=20
was given the official title of "Broker to the Office of=20
Finance." Even earlier, Jewish bankers had lent money to =
Lord=20
Bellamont, a particularly improvident eighteenth century =
colonial=20
Governor of New York, helping to keep the colony =
financially on=20
its feet, and New York's first Lutheran church was built =
with=20
money advanced by Jewish bankers among them Isaac Moses, =
who=20
helped establish the Bank of North America in 1781. These =
are=20
some of the main players (all of whom are Jews) in the =
deceit and=20
treachery to enslave all non-Jews in America, who I might =
add=20
took them in spite of their history that proceeded them. =
The=20
facts that follow expose what went on behind the =
scenes.
They have referred to themselves as "the One Hundred,"=20
as opposed to "the Four Hundred." The One Hundred are a =
core=20
group of Jews with German roots, the Four Hundred are =
also Jews,=20
but are considered to be beneath the One Hundred in =
status and=20
mental ability. The Seligmans were the elite of the One =
Hundred.=20
They have been called the "Jewish Grand Dukes," The One=20
Hundred considered themselves to be the elite of the =
human race=20
and that all non-Jews are to be despised and are meant to =
be=20
their slaves. Their Jewish talmud (their religion) makes =
this=20
fact clear. Their arrival in America began in the =
1600s.
As I said earlier, Alexander Hamilton was relentless in=20
his pursuit of establishing the first Bank of the United =
States=20
and the continued use of the international bankers money. =
Was Alexander Hamilton who he claimed to be, a loyal =
American, or=20
was he an agent working for the international bankers? =
The only=20
way to find out is to examine known history. Alexander =
Hamilton=20
was born Alexander Levine, of Jewish lineage, in St. =
Croix, the=20
West Indies.12
=
----------------------------------------------------------------- 1=
2.=20
A SHORT HISTORY OF THE AMERICAN NATION, p. 95,=20
=
96 -----------------------------------------------------------------</=
P>
After changing his name and his geographical situs, he=20
entered the United States military, he was a staff duty =
officer=20
for General George Washington. Hamilton emerged from=20
the Revolutionary War as a lieutenant colonel and on =
December=20
14, 1780 he married the second daughter of General Philip =
Schuyler's, at the bride's home in Albany, New York. =
General=20
Philip Schuyler's influence in New York politics was =
great. The=20
bride's mother was Catherine Van Rensselaer, daughter of =
Colonel=20
John R. Van Rensselaer, who was the son of Hendrik, the =
grandson=20
of Killiaen, the first partroon.13 (Heir to Baron Van=20
Rothschild)
As Secretary of the Treasury, Hamilton's foremost=20
objective was to make sure that there could be no doubt =
about=20
the determination of the United States to pay its just =
debts.=20
On January 14, 1790, he proposed that all outstanding =
loans=20
be funded at their face value, even though many =
speculators=20
would profit by this. Some members of Congress, who as =
they voted=20
for the funding bill, were not unaware of the opportunity =
it gave=20
them to reap a rich harvest. It has also been reported =
that there=20
are documents in the British museum that prove Alexander =
Hamilton=20
received payment from the Rothschild's for his dastardly =
deeds.=20
Could this payment have been for his involvement in the=20
establishment of a foreign bank in this country, and for=20
convincing Congress to assume the States debts, which =
would have=20
created a debt obligation binding the United States =
government=20
and the States to the international bankers?
Alexander Hamilton boasted: "A power over a =
man's subsistence=20
amounts to a power over his will."14
Hamilton wished also to take over such of the debts=20
incurred by the States themselves for the cause of =
independence=20
as they had not yet paid.
=
----------------------------------------------------------------- 1=
3.=20
THE INTIMATE LIFE OF ALEXANDER HAMILTON, (1910) 14. THE =
LIBRARY=20
OF=20
=
CONGRESS -------------------------------------------------------------=
----
His object, again, was to place the States under such=20
obligation as to insure their support in the =
establishment of the=20
first Bank of the United States. The State's war debts =
amounted=20
to over eighteen million dollars, not all the States had =
debts to=20
be taken over. Thus started the political precedent of=20
perpetual debt and required contributions (taxes) to be =
passed on=20
to those not responsible for the debt. Nor were the =
obligations=20
spelled out to the State inhabitants.
Hamilton won the debate for the first Bank of the=20
United States when President Washington signed the senate =
bill.=20
The bank was to have a capital stock of ten million =
dollars,=20
which was for that time, a very large sum. Of this amount =
one=20
fifth was to be subscribed by the United States, and the =
other=20
four fifths by private individuals. Hamilton's Bank which =
had=20
been chartered for twenty years was allowed to run out in =
1811=20
in favor of the State banks. The Bankers could not stand =
for=20
their bank being closed. The House of Rothschild used =
their=20
influence over Britain to bring about the War of 1812. =
The War=20
increased the U.S. governments debt to such an extent =
that the=20
taxes that were collected were less than one third the =
amount to=20
cover this debt. The remaining debt had to be covered by =
loans=20
that were made by foreign bankers, by the end of the war =
the=20
government was virtually bankrupt. The State banks tried =
to=20
bolster themselves by issuing paper money in excessive =
amounts,=20
which created land speculation and a deflated dollar. =
Some=20
members in Congress saw no choice but to propose the =
second Bank=20
of the United States. In 1816 the second Bank of the =
United=20
States was chartered.
"The new bank would have a capital stock of thirty=20
five million; the United States government should =
subscribe one=20
fifth of the stock, private individuals the other four =
fifths,=20
and the directors should be similarly apportioned; the =
bank=20
should have a monopoly on the business of the United =
States and=20
the national banking business; it might establish branch =
banks=20
throughout the several states; and it might continue in =
operation=20
for a period of twenty years."15
=
-----------------------------------------------------------------
15. THE FEDERAL UNION, p.=20
=
316 -----------------------------------------------------------------<=
/P>
It is obvious that the bankers had the Congress of =
the United=20
States and the American people through proxy over =
a barrel.=20
Congress agreed to give the bankers exclusive rights =
to all=20
business done in the United States. All loans =
were guarantied by=20
the American people with repayment to be made through the =
payment=20
of taxes. For the valuable privileges the Bank was to =
enjoy, it=20
was required to pay to the government of the United =
States a=20
bonus of one million and five hundred thousand dollars. =
In 1818=20
the Bank of the United States began an all out attack on =
the=20
State banks in order to close them. The Bank of the =
United States=20
collected the paper money of State banks, and after the =
State=20
banks had paid out a sufficient amount of specie (in =
other words=20
their gold and silver deposits became low), the Bank of =
the=20
United States would demand payment in specie for the =
paper money=20
the State banks had put in circulation. The international =
bankers=20
knew that the State banks only kept one dollar of gold =
and silver=20
for every twelve dollars of paper money that was loaned =
out by=20
the State banks. The State banks that were attacked in =
such a=20
manner would then have to call in their loans. =
Individuals who=20
had borrowed from the targeted banks would be forced to =
raise=20
what they owed by selling their property for whatever it =
would=20
bring.16
It doesn't take a rocket scientist to figure out what=20
the bankers were up to. The above banking policy would=20
eventually pull all gold and silver out of the State =
banks,=20
leaving them at the mercy of the international bankers. =
This=20
would also give the Bank of the United States a monopoly =
in=20
banking, removing any competition. By bankrupting the =
State banks=20
the international bankers would destroy those Americans =
that had=20
loans though the State banks, the farmer, the business =
man and=20
the land speculators. The result, the transfer of this =
countries=20
gold and silver resources and vast amounts of this =
countries=20
most important asset, its land to the bankers.
=
----------------------------------------------------------------- 1=
6.=20
THE FEDERAL UNION, p.=20
=
330 -----------------------------------------------------------------<=
/P>
Those involved with banking became subject to the bankers =
through these foreclosures at a National level. Who are =
these=20
bankers and how did they get a foothold in this =
country?
The Bank of the United States was operated by =
Nicholas Biddle,=20
a wealthy and aristocratic Philadelphian, the bank was =
in a=20
flourishing condition when President Jackson took =
office. Biddle=20
was employed by the Rothschilds, and he was a =
non-Jew. When the=20
bank failed in 1837 he was soon forgotten by the =
bankers and died=20
penniless and a pauper in 1844.
President Jackson represented the anti-bank sentiment by=20
the American people, Jackson said:
"I do not dislike your bank more than all banks, but=20
ever since I read the history of the South Sea Bubble, I =
have=20
been afraid of banks."
...The South Sea Company was an English corporation, =
chartered=20
in 1711, with a monopoly on the Spanish-American trade.=20
It attempted in 1720 to underwrite the British national =
debt=20
in return for a guaranteed interest rate of 5 per cent.=20
This introduced a period of unbridled speculation, not =
only in=20
stocks of the South Sea Company, but in all sorts of =
stocks also.=20
The "Bubble" burst in November, 1720, with disastrous=20
consequences to a host of investors.17
Biddle made a number of Jackson men directors of =
branch banks,=20
but he was unwilling to subject the welfare of the =
bank more=20
fully to the hazards of questionable banking. His=20
nervous apprehension, however, led him to seek the favor =
of=20
Congress in a way almost equally open to question. In =
1829=20
thirty-four members of Congress found it possible to =
borrow a=20
total amount of one hundred and ninety two thousand =
dollars from=20
the bank; in 1830 fifty-two congressmen borrowed a total =
of three=20
hundred and twenty two thousand dollars; in 1831 =
fifty-nine=20
congressmen borrowed a total of four hundred and seventy =
eight=20
thousand dollars. Huge amounts of money were also made =
available=20
to powerful newspaper editors, and it paid each year a=20
generous retainer to Daniel Webster, who,
=
----------------------------------------------------------------- 1=
7.=20
THE FEDERAL UNION, p.=20
=
386 -----------------------------------------------------------------<=
/P>
as the Bank's attorney and a member of its board of=20
directors, saw nothing improper in representing its =
interests=20
both in and out of Congress.
Webster persuaded Biddle to request for the recharter of=20
the bank before the election of 1832. Webster knew =
Congress=20
would pass the bank bill because of the loans that were =
made to=20
many of the congressmen. The bank bill passed and was =
promptly=20
vetoed by President Jackson, here is a portion of his =
veto=20
speech, his reasoning is sound:
"More than a fourth part of the stock is held by=20
foreigners and the residue is held by a few hundred of =
our own=20
citizens, chiefly of the richest class.... Should the =
stock of=20
the bank principally pass into the hands of the subjects =
of a=20
foreign country, and we should unfortunately become =
involved in a=20
war with that country, what would be our condition?...If =
we must=20
have a bank with private stockholders, every =
consideration of=20
sound policy and every impulse of American feeling =
admonishes=20
that it should be purely American."18
Nicholas Biddle the President of the United States=20
Bank said:
"This worthy President, thinks that because he has=20
scalped Indians and imprisoned Judges, he is to have his =
way with=20
the Bank. He is mistaken."19
On January 30, 1835: The bankers attempted to=20
assassinate their fiercest enemy, President Jackson. =
Richard=20
Lawrence armed with two pistols at point blank range, =
fired both=20
pistols, both of which misfired spoiling the bankers=20
plans. President Jackson said: "the Bank is trying to =
kill me,=20
but I shall Kill the Bank."20
With the reelection of President Jackson in 1836 he knew=20
he had a mandate from the people of the America. He =
feared=20
the power of Biddle in persuading the Congress, in order =
to head=20
off Biddle,
=
----------------------------------------------------------------- 1=
8.=20
WORDS THAT MADE AMERICAN HISTORY, p. 240 19. THE HISTORY =
OF THE=20
UNITED STATES, p. 380 20. A SHORT HISTORY OF THE AMERICAN =
NATION,=20
p.=20
=
177 -----------------------------------------------------------------<=
/P>
Jackson through his power given him under the=20
Constitution removed the money from the Bank of the =
United States=20
and placed it in the State banks. In order to accomplish =
this he=20
had to fire two Secretary of the Treasurers. Their =
successor,=20
Roger B. Taney of Maryland did not hesitate to issue the =
order to=20
remove the money.
Biddle shut off the flow of money to the State banks =
in order=20
to turn public against Jackson's polices against the =
Bank of the=20
United States. The State banks began to loan =
excessive amounts of=20
paper money, which again triggered land speculation. The =
State=20
bank loans increased from one hundred and thirty =
seven million in=20
1829 to five hundred and twenty five million dollars in =
1837. The=20
land speculation was so bad that the government sales of =
public=20
lands rose from four million acres in 1834 to fifteen =
million in=20
1835, and to twenty million in 1836. Receipts from public =
lands=20
had contributed to the treasury only four million eight =
hundred=20
thousand dollars in 1834; but in 1835 this item rose to =
fourteen=20
million seven hundred thousand dollars, and in 1836 to =
twenty=20
four million eight hundred thousand dollars. These banks =
had=20
nothing better to do with the funds that poured into =
their vaults=20
than to lend them out again, and in far too many =
instances the=20
borrowers were mere speculators who bought more land. =
Thus an=20
endless chain was fashioned; payments made by the =
speculators to=20
the United States were deposited into pet banks, then =
lent again=20
to other speculators to buy more land, then paid once =
more into=20
the treasury, then redeposited, then lent again, and so =
on in a=20
vicious circle.
President Jackson decided the evil of this policy had to=20
be stopped. In July 1836 it was declared in the "SPECIE=20
CIRCULAR" that paper money could no longer be used to buy =
public=20
lands, and that specie (gold and silver) had to be used, =
this=20
ended for a number of years the purchase of land from the =
government. In 1835 the last dollar of public debt was =
paid off.=20
In 1837 the United States was in the middle of a =
depression,=20
because the Bank of the United States had removed the =
gold and=20
silver from the State banks, which meant they had no more =
specie=20
money to loan.
1837 marked the end of the Bank of the United States, and =
in 1840 Congress passed the Sub-Treasury Bill. The only =
thing=20
this accomplished was to remove the middle man between =
the=20
United States government and the foreign Bankers.
August Belmont's (Schonberg) arrived in New York City =
in 1837,=20
with the influence and backing of the House of =
Rothschild behind=20
him. He was a Jewish banker of German decent, he =
had three sons=20
Perry, Oliver H.P., and August Jr.. August =
Schonberg (Belmont)=20
went to Frankfurt at the age of thirteen to work as =
an unpaid=20
apprentice for the Rothschilds, the leading Jewish =
banking house=20
in Europe. It is said among the European Rothschilds =
that Augest=20
Schonberg was the illegitimate son of Baron =
Von Rothschild. The=20
reason I believe this to be true is because the Jews are =
very=20
clannish, they would not put a non-family member in such =
a=20
important position, nor would a non-family member =
have direct=20
access to Baron Von Rothschild.
Belmont married into the Perry family for their=20
social influence. The Perrys were not very rich, but they =
had all=20
the social contacts that Belmont wanted and needed, more =
than=20
he needed money. Caroline was the daughter of Commodore=20
Matthew Calbraith Perry, hero of the Mexican War and the =
officer=20
later credited with having "opened Japan to the West," =
and her=20
uncle was another naval commander, Oliver Hazard Perry, =
hero of=20
the War of 1812 and the Battle of Lake Erie.
The first thing New York society noticed about =
August Belmont=20
was that he had lots of money. It was Rothschild =
money, and he=20
used it extravagantly. As a financier with the funds =
of the=20
world's largest private bank at his fingertips, he=20
was immediately important not only to American companies =
but to=20
the United States Government, which was always running =
out of=20
cash and whose credit needed constant infusions from =
bankers.=20
There was one area in which August Belmont excelled. Its =
name=20
was Rothschild. Belmont was not known to be a=20
spectacular, brilliant, or even "interesting" financier. =
But men=20
like J.P. Morgan liked to work with the European =
Rothschilds, and=20
August Belmont, as their agent, was always there, =
helpful,=20
collecting his percentage on the money that passed back =
and=20
forth.
In the panic of 1837 Belmont was able to perform a=20
service which he would repeat in subsequent panics, and =
which=20
helped make him a friend to bankers and to the United =
States=20
Government. By negotiating large loans from the =
Rothschilds, he=20
was able to shore up United States debtor banks. In other =
words,=20
he was able, thanks to the hugeness of the Rothschild =
reservoir=20
of capital, to start out in America operating his own=20
Federal Reserve System. Mayer Amschel Rothschild =
said:
"Permit me to issue and control the money of a nation and =
I care not who makes its laws."21
In the years since his arrival Belmont had been =
so successful=20
at channeling Rothschild funds into the United =
States Treasury in=20
return for government securities that he was rewarded, in =
1844,=20
by being appointed United States Consul General to =
Austria, a=20
move designed not only to provide Mr. Belmont with =
prestige but=20
also to place him close to the Vienna House of Rothschild =
where=20
he could be of further usefulness. Things, of course, did =
not=20
always go smoothly. When the State of Pennsylvania =
defaulted on=20
thirty five million worth of State bonds held by British=20
investors, including the Rothschilds, Belmont, in Paris =
trying to=20
place another U.S.Federal Government loan, was icily told =
by=20
Baron de Rothschild:
"Tell them you have seen the man who is at the head of=20
the finances of Europe, and that he has told you that =
they=20
cannot borrow a dollar. Not a dollar."22
In 1853 he had been made United States charge d'affaires=20
at The Hague, and from 1855 to 1858 he was the resident=20
American minister there.
=
----------------------------------------------------------------- 2=
1.=20
A DECLARATION OF FINANCIAL INDEPENDENCE, p. 22 22. OUR =
CROWD, p.=20
=
73 -----------------------------------------------------------------</=
P>
Until the outbreak of the war, August Belmont had=20
been financial advisor to the President of the United =
States.=20
During the war's first months, Lincoln leaned on Belmont =
for=20
Rothschild money as heavily as Gitterman and the =
Quartermaster=20
Corps leaned on the Seligmans for uniforms. This placed =
Belmont=20
in an awkward position. Reflecting the general frame of =
mind in=20
Europe, the Rothschilds had grave doubts about the =
North's=20
chances of winning, and gave Belmont and the United =
States=20
Treasury only lukewarm and hesitant support. Lincoln's=20
fund-raisers were forced to look for new sources of =
supply, and=20
found them in the bond-selling efforts of such men as =
Joseph=20
Seligman.
The recovery from the Panic of 1857 was as spectacular =
as the=20
panic itself. The bubble had no sooner burst than it =
began to=20
re-inflate. So much gold was pouring into New York=20
from California that gold held in New York banks climbed =
from=20
eight million dollars' worth in October to twenty-eight =
million=20
two months later, and a ten-million-dollar loan from the=20
Rothschilds made, via August Belmont, to bolster the =
credit of=20
U.S. banks was repaid the same day.
The Seligmans, who were a American banking house, had =
the same=20
mission as the international bankers. Both banking =
houses were=20
able manipulate the American people through so called=20
bid rigging. The bankers funded the North and the =
South.
William Seligman liked to say that he had predicted =
the Civil=20
War, and implied that the nice position the Seligmans=20
found themselves in as a result of the war was largely =
his=20
doing.
At the outbreak of the war the United States Treasury was =
in greater shambles than Fort Sumter. Southern banks had=20
been quietly withdrawing large amounts of funds on =
deposit in=20
the North. When Lincoln took office, he found his =
Treasury=20
almost empty. The Federal debt was increasing, and the =
American=20
credit abroad was disappearing. Conservative businessmen =
wanted=20
no deals whatever with the government. They considered it =
far=20
too risky.
Linton Wells, a former Seligman staff member, wrote=20
that: "Joseph Seligman, during a visit with President=20
Lincoln, "persuaded" Lincoln to put Grant in charge of =
the Union=20
forces," which Lincoln of course did. These constitute =
sizable=20
claims, and subsequent Seligman generations have =
cooperated with,=20
Wells and W.E. Dodd (Dodd was Joseph's equal in selling =
bonds)=20
in carrying on the legend that Joseph Seligman won the =
Civil War=20
by paying for it. At one optimistic point, Joseph bought =
some=20
Union bonds for his own portfolio, then quickly became=20
discouraged about their prospects and wrote: "I am almost =
tempted=20
to resell the U.S. Stock which I bought and keep my hands =
clear=20
of the present degenerated American race."23 (Again this =
is what=20
these Jewish bankers thought about non-Jewish Americans.) =
His=20
brother James was more hopeful and wrote suggesting that =
the=20
brothers buy one hundred thousand dollars worth of Union=20
securities for their own accounts. Joseph turned him =
down, he=20
said:
"Do not be afraid," he answered, "that the Government=20
will want no more money after the 1 June even if the =
South should=20
have been whipped so badly as to offer to make peace, the =
Government will need hundreds if not thousands of =
millions yet,=20
to pay for claims of all description and for the purpose =
of=20
emancipating the Negro."24
This was one of the reasons for the Thirteenth =
and Fourteenth=20
Amendments to the Constitution. By making the Negro =
a United=20
States citizen it would increase the debt of the =
United States=20
and further enslave the non-Jewish American through =
the increased=20
taxes that would have to be collected.
Morgan, Belmont, and the Rothschilds formed an axis=20
of financial power that Joseph Seligman was finding it=20
increasingly difficult to beat.
This much of Joseph's Union bond-selling is known. Early=20
in Lincoln's second administration, in 1865, William =
Fessenden,=20
who succeeded Chase as Secretary of the Treasury, =
announced a=20
four hundred million issue of new government notes.
=
----------------------------------------------------------------- 2=
3.=20
OUR CROWD, p. 90 24. OUR CROWD, p.=20
=
91 -----------------------------------------------------------------</=
P>
Joseph Seligman headed a group of German bankers in New =
York=20
who wished to underwrite fifty million worth of these =
notes, but=20
the Secretary would not accept the terms of the=20
syndicate. Thereupon, the Seligman brothers took an =
active part=20
in selling these Federal securities themselves, and it is =
recorded that they sold over sixty million worth. =
Remember these=20
bonds were just like the government created the money out =
of thin=20
air. These bankers knew that if they continued to =
underwrite=20
these bonds they would obtain a nation and its people for =
repayment.
Obviously, this was the moment for Joseph to put his=20
great plan to work. Within hours of Lee's surrender, =
Joseph=20
had summoned his brothers together to organize the=20
international banking House of Seligman. Under Presidents =
Lincoln=20
and Johnson, the Seligmans enjoyed excellent relations =
with three=20
successive Secretaries of the Treasury-Salmon Chase, =
William=20
Fessenden, and Hugh McCulloch. When their old friend =
from=20
Watertown days, Ulysses S. Grant, took Presidential =
office in=20
1869, they had every reason to look forward to the same=20
preferential treatment. In the beginning =
the possibilities=20
certainly looked good. Grant appointed as his Secretary =
of State=20
Elihu B. Washburne, who as a Congressman from Illinois =
had been=20
one of the Seligmans' private clients. Joseph had once =
purchased,=20
in Frankfurt, two hundred thousand dollars of U.S. bonds =
for=20
Washburne, saying at the time, "There is no necessity for =
you to=20
send any Bonds as margin, as we require none from you, =
dear=20
Washburne." As soon as Washburne was appointed, the =
Seligmans=20
wrote him, gently reminding him of their past good deeds, =
and=20
offering their "full services" to the new administration. =
But=20
Washburne's appointment, it turned out, was only a =
courtesy one.=20
He held the post for only twelve days, and was then made =
Minister=20
to France. Grant replaced him with Hamilton Fish, who was =
less a=20
friend. Fish was the son of a Revolutionary War officer =
whose=20
father had been a friend of George Washington's and whose =
mother=20
was a descendant of Peter Stuyvesant, who had once thrown =
every=20
Jew in New York in jail. Then Grant did a startling =
thing. He=20
contacted Joseph privately, and said he would like to =
make him=20
Secretary of the Treasury, but Joseph declined.
Daniel Drew, a large stock manipulator, was able to =
force the=20
price of Erie stock up and down at will. Why did Drew =
want his=20
shares sold in London and not New York? So New York =
wouldn't find=20
out about it for a while. Allied with Drew in =
his operations were=20
two other terrors of the age "Jubliee Jim" Fisk, a former =
circus=20
roustabout, and an ex-farm hand who became the leader of =
the=20
threesome named Jay Gould.
The Seligman firm, in Joseph's words, did "an =
enormous amount=20
of business" in the Gould manipulations of the Erie=20
stock, selling short for their own account whenever Gould =
or Fisk=20
or Drew sold short, as they did consistently, letting the =
three men's operations provide the pattern for the =
Seligmans'=20
own. In almost no time, the Seligmans had let the name of =
their=20
old friend President Grant be linked with one of the most =
spectacular and scandalous financial coups of the decade, =
Jay=20
Gould's attempt to corner the gold market.
On September 24, 1869 Gould began raising the price of=20
gold from one hundred dollars to about one hundred and =
forty=20
five dollars, meanwhile having gotten new freight =
contracts, at=20
a higher rate, for shipping grain on the Erie. Gold began =
to=20
climb as the Gould-Drew-Fisk group began buying, while =
the=20
Seligmans, acting as the trio's brokers, also bought for =
their=20
own account. Grant seemed to be falling into line =
perfectly, and=20
gold did indeed reach one hundred and forty five dollars. =
Then, apparently, covetousness, one of Mr. Gould's most=20
consistent emotions took over, and Gould decided to let =
gold get=20
a little higher, to one hundred and fifty dollars before =
selling.=20
At this point Grant seemed to realize what was going on, =
and=20
ordered his Secretary of the Treasury to dump four =
million=20
dollars in gold on the market in order to bring the price =
down=20
again. On what became known as Black Friday, gold prices =
crashed.=20
The price fell in fifteen minutes from one hundred and =
sixty two=20
dollars to one hundred and thirty three dollars and many=20
investors were ruined. But it turned out, Gould had sold =
out at=20
the top of the market anyway, and so had the Seligmans. =
It was=20
almost, or so it seemed at the time, as though Gould and =
the=20
Seligmans had been given some advance warning of the =
Treasury's=20
forthcoming action. Had Grant tipped his old friends off? =
When=20
Gould went to jail for manipulation of Erie stock, the =
Seligmans,=20
who had been acting as his brokers, loyally guaranteed =
his twenty=20
thousand dollar bail bond and, with this action, more or =
less=20
permanently committed themselves to Gould. Joseph said, =
"let us=20
thank God that we have made no losses." Banks were in =
desperate=20
need of cash, and Joseph tried to persuade President =
Grant to=20
deposit government funds in private banks, even though, =
as=20
Joseph admitted, such a move would be "clearly =
illegal."
Gould and Drew and Jim Fisk were, from that standpoint,=20
very much in tune with their times. Gould admitted that =
he=20
used bribery and blackmail to buy up Erie Railroad stock =
options=20
from towns along his routes, and that he used Fisk's =
methods to=20
take over by force and violence when other methods =
failed.=20
Gould, furthermore, was by his own admission a raider and =
a=20
ruiner. He had no interest in managing or improving =
railroads. He=20
merely liked to drive a railroad's stock up, with rumors =
and=20
with trading, and then sell it and let it collapse of its =
own=20
inflated weight.
"Going back to interest rates, the Nation did not=20
have interest rate caps, or that is anti-usury laws until =
the=20
1865 National Currency Act. This was what was uppermost =
in=20
President Lincoln's mind at the time he was killed. He =
was=20
concerned. He could see what was happening. Of course, =
just a few=20
years later, by 1869 you had the same thing we have gone =
through=20
in the wild eighties, the wild speculators, the attempt =
of these=20
predators, like Jim Fisk and Gould to do such things as =
corner=20
the bull market through conniving to bribe President=20
Grant's brother-in-law and their total failure and =
inability to=20
do it, but which sank the country and created scandal =
after=20
scandal, not very different from what we have just come =
through=20
in the eighties in the S&L scandals"25 (Congressman=20
Gonzalez)
In 1874 Joseph made a bid to Grant's new Secretary of=20
the Treasury, Benjamin Bristow, to handle the sale of =
twenty=20
five million worth of U.S. bonds.
=
----------------------------------------------------------------- 2=
5.=20
CHAIRMAN OF THE BANKING COMMITTEE, augest 6, 1993 on=20
the floor of the congress, in SPECIAL=20
=
ORDERS ---------------------------------------------------------------=
--
This plum seemed about to fall into Joseph's lap when=20
Bristow began to hedge. Bristow wanted, he said, "a =
stronger=20
combination of bankers" behind the loan, a syndicate, in =
other=20
words. He suggested "some strong European house," and =
though he=20
did not say so in so many words, his implication was =
clear, he=20
wanted the Rothschilds.
This Jewish Baron, when elected to the House of Commons,=20
had for eight years refused to swear his oath of =
admission unless=20
the Old Testament was substituted for the Holy Bible, and =
the=20
words "upon the true faith of a Christian" were =
omitted.26
Then, in the autumn of 1874, Baron Rothschild summoned=20
Isaac Seligman to his office to give him a piece of news. =
Some=20
fifty five million worth of United States bonds were to =
be=20
offered for sale, and the Baron suggested, the issue =
might be=20
backed by a combination of three houses-the House of =
Rothschild,=20
the House of Morgan, and the House of Seligman. For the =
first=20
time, August Belmont would act as agent for both the =
Rothschilds=20
and J. & W. Seligman & Company. Needless to say, =
Isaac=20
accepted. The Seligmans were now able to consider =
themselves the=20
Rothschilds' peers. The =
Seligman-Belmont-Morgan-Rothschild=20
alliance, furthermore, was so successful that by the end =
of the=20
decade there were complaints on Wall Street that=20
"London-and Germany-based bankers" had a monopoly on the =
sale of=20
United States bonds in Europe-which they did. Joseph =
Seligman=20
wrote to Richard C. McCormick, U.S.Commissioner General, =
to=20
inform him:
"In filling the offices for Commissioners in Paris, =
please do=20
not omit to appoint Mr. William Seligman, of course =
as Honorary=20
Commissioner, without pay, as brother William is at =
the head of a=20
large American banking house in Paris and entertains all =
nice=20
Americans."27
=
----------------------------------------------------------------- 2=
6.=20
OUR CROWD, p. 154 27. OUR CROWD, p.=20
=
156 -----------------------------------------------------------------<=
/P>
Early in 1877 Sherman summoned a representative group of=20
New York bankers, including Joseph Seligman and August =
Belmont,=20
to Washington, and sent each into a separate room "to =
work out=20
a plan for refunding the balance of the Government war =
debt."=20
Each man submitted his recommendations, and a week later =
Sherman=20
sent for Joseph and told him that his plan was "by all =
odds=20
the clearest and most practical," and would be adopted. =
The=20
plan called for building up a gold reserve of =
approximately=20
forty percent of the outstanding greenbacks through the =
sale of=20
bonds for coin, something Joseph was good at. The plan =
worked so=20
well that within two years the dollar was quoted at par =
for the=20
first time since 1861.
In 1887 Senator Patterson, presiding over the=20
investigating committee wanted to determine how much =
pressure the=20
banking firms had exerted to swell public confidence in, =
and=20
promote, the now bankrupt Panama Canal Company. He asked =
Wright,=20
"Was not the moral and business influence of these three =
great=20
banking houses given to the enterprise?" Wright =
replied=20
hedgily, "In what respect?" "As far as affecting public =
opinion=20
in the United States was concerned." "I presume so," =
said Mr.=20
Wright. "Was that not sufficient, in a large degree, to =
mold=20
public opinion in favor of the Panama Canal Company?" =
asked the=20
Senator. "That," replied Wright with extreme caution, "I =
am not=20
prepared to answer."
Of course an honest answer would certainly have been =
"Yes." It=20
soon turned out that the Seligman-Morgan-Lanier alliance =
had gone=20
to considerable lengths to appoint men to the American=20
canal committee whose names would add luster and prestige =
to=20
the project.
The investigation unearthed the fact that Jesse Seligman=20
had offered his old friend ex-President Grant the =
chairmanship of=20
the canal committee at a salary of twenty four thousand =
dollars=20
a year-which Grant could certainly have used at that =
point.=20
But Grant declined the offer, and Jesse had then =
approached=20
President Hayes's Secretary of the Navy, Richard W. =
Thompson, who=20
had resigned his Cabinet post to take the job. Obviously, =
placing=20
a former Navy Secretary in the Canal Company was just the =
sort=20
of thing Senator Patterson was talking about. Thompson's =
duties=20
for the company were partly those of a lobbyist, a man =
who=20
could influence the opinion of Congress (and help =
persuade it to=20
block the progress of the Nicaragua Canal Company), and =
also=20
to strengthen the "image" of the company with the =
American=20
press, and to inspire the confidence of American Stock=20
purchasers. When Jesse Seligman was called before the=20
investigating committee, he proved a more straightforward =
witness. The entire Panama Canal undertaking, he =
admitted, had=20
been badly planned and riddled with "corruption, fraud, =
and=20
thievery."
Senator Thompson on the investigating committee was=20
curious about some of the appointments that had been made =
to the=20
canal committee, and asked Jesse, "Why was Mr. Thompson =
selected=20
as chairman? He was not a great financier, was he?"=20
Jesse replied,"No, but he was a great statesman and =
lawyer." "But=20
you offered the place to General Grant. Now he was a =
great=20
soldier, a popular idol, but he was not a great lawyer, =
or=20
financier, or great statesman, was he?" With a smile, =
according=20
to the Congressional Record, Jesse began, "Well.." =
Senator=20
Geary interjected, "There may be some difference of =
opinion on=20
that point." Sitting forward in his chair, Jesse Seligman =
said calmly, "General Grant was a bosom friend of mine, =
and I=20
always look out for my friends."
Secretary Thompson said:
"In my official capacity as Secretary of the Navy, I =
have had=20
especial opportunities to understand and appreciate=20
his (Joseph's) character. My first intercourse with your=20
(banking) house was had through him, in the summer of =
1877, soon=20
after the Department was placed under my charge. At that =
time,=20
its financial condition was seriously embarrassed, being =
indebted=20
to your house several hundred thousand dollars, which was =
steadily increasing on account of drafts drawn by Naval =
pay=20
officers in all parts of the world, and which were =
accepted and=20
paid by you in London. It was impossible to discharge the =
whole=20
of this debt, or even any large proportion of it, without =
adding=20
to the existing embarrassment and causing serious injury =
to the=20
Service. When he came to understand this condition of =
affairs, he=20
at once proposed to carry the debt to the beginning of =
the next=20
fiscal year and to allow drafts to be continued until =
then=20
without regard to the amount. The proposition was liberal =
and in=20
the highest degree patriotic; and having been thankfully =
accepted=20
by me the Department was enabled to bridge over all its=20
pecuniary trouble. But for this, the injury to its credit =
and to=20
the Service generally might have been irreparable."28
And so for a while the Seligman brothers were=20
personally meeting the payroll of the United States Navy. =
The=20
Seligmans continued their influence over the United =
States=20
government with President Roosevelt:
"I (James Seligman) called on President Roosevelt and=20
asked him point-blank if, when the revolt broke out, an =
American=20
war ship would be sent to Panama to protect American =
lives=20
and interests (including Seligman interests). The =
President=20
just looked at me; he said nothing. Of course, a =
President of=20
the United States could not give such a commitment, =
especially to=20
a foreigner and private citizen like me. But his look was =
enough for me."29
At one of the Seligmans' weekend retreats, it was never=20
a surprise to find a former U.S. President, a Supreme=20
Court Justice, several Senators and a Congressman or two. =
The Seligmans' old friend Grant had, at their suggestion, =
bought=20
a summer home at Long Branch and was a frequent, if=20
somewhat unreliable, guest. President Garfield was =
another=20
Seligman friend. Once more the Seligmans were displaying =
their=20
uncanny way of getting to know the right people. Their =
friend=20
Lyman Gage later became Secretary of the Treasury under =
President=20
McKinley. He had, at one point, invited President =
Theodore=20
Roosevelt to speak at a banquet for one of his =
philanthropies,=20
and Roosevelt spoke of this 1906 appointment of Oscar =
Straus a=20
Jew and heir to the Macy & Co. fortune, to his =
Cabinet,=20
saying:
"When this country conferred upon me the honor of making=20
me President of the United States, I of course at once =
called=20
my good friend Oscar Straus to my side, and asked him to =
serve=20
as Secretary of Commerce."30
=
----------------------------------------------------------------- 2=
8.=20
OUR CROWD, p. 257, 258 29. OUR CROWD, p. 260 30. OUR =
CROWD, P.=20
=
342 -----------------------------------------------------------------<=
/P>
In 1910 Paul Warburg and Nelson Aldrich (both were=20
Jews) together drafted the Aldrich Bill, the first to =
include=20
central banking as an element of banking reform. Paul =
Warburg=20
had, meanwhile, set up the National Citizens' League for=20
Promotion of a Sound Banking System. The Federal Reserve =
Board=20
Act, largely Warburg-designed, was passed in 1913, but =
the System=20
was not operative until 1915. Warburg resigned from Kuhn, =
Loeb in=20
1917 to serve on the Board. Paul Warburg said:
"Whoever controls the volume of money in any country=20
is absolute master of all industry and commerce."31
In 1913 the Pujo Committee disclosed that Kuhn, =
Loeb, despite=20
its excellent relationships with Morgan, had =
primarily been=20
allied with the Rockefeller-controlled National City =
Bank, of=20
which Jacob Schiff had long been a director, and =
therefore that=20
Schiff seemed to enjoy the best of both worlds.
Still, he was the most brilliant and versatile of all=20
the Warburgs and, for years, was a sort of itinerant =
Kuhn,=20
Loeb partner, spending half of each year in New York and =
the=20
other half with the Warburg bank in Germany, serving as a =
financial liaison between the two countries. He had =
always=20
considered American banking primitive and haphazard. He =
had met=20
secretly with Senator Nelson Aldrich at Sea Island, =
Georgia, and=20
had worked out the Federal Reserve System, and yet when =
Aldrich=20
tried to give Paul Warburg full credit, Paul, typically, =
refused=20
to take any credit whatever. He was offered the post of =
Chairman=20
of the Federal Reserve Board but, insisting that he was=20
unworthy, refused any position higher than Vice =
Chairman.
=
----------------------------------------------------------------- 3=
1.=20
SITE NOT=20
=
AVAILABLE ------------------------------------------------------------=
-----
"A great industrial Nation is controlled by its system=20
of credit. Our system of credit is concentrated. The =
growth of=20
the Nation and all our activities are in the hands of a =
few men.=20
We have come to be one of the worst ruled, one of the=20
most completely controlled and dominated Governments in =
the world=20
-- no longer a Government of free opinion, no longer a =
government=20
of conviction and vote of the majority, but a Government =
by=20
the opinion and duress of small groups of dominant=20
men."32 (President Woodrow Wilson)
Though certain members of the family, particularly from=20
the Philip Lehman branch, remain to this day scandalized =
by=20
the political career and affiliation of Herbert, and by=20
his retirement from Lehman Brothers, which some =
considered a=20
breach of family trust, most admit that he lifted the =
family name=20
to a position of national importance, and that his =
reputation=20
for integrity and efficiency, first as Governor, then as=20
Senator, cannot but have helped the bank.
There were many ironies in Max Warburg's life. =
Certainly his=20
special treatment began to convince him that he was=20
somehow specially equipped to handle "the Jewish =
question," as it=20
was being called in Germany. During World War I Max was=20
financial adviser to the Imperial Government of Germany, =
and at=20
the war's end he was appointed to a special committee to =
assist=20
the German peace delegation at Versailles.
But Max was too much of a German. When the German =
Republic was=20
coming into being, Max was offered his choice of two=20
posts: Minister of Finance or Ambassador to the United =
States,=20
but to everyone's surprise, he turned them both down. His =
main=20
concern became saving, if at all possible, the Warburg =
bank=20
and properties in Germany. To do so, he used his old=20
connections with the Kaiser and the imperial court to =
become a=20
close friend of the prominent Nazi, Hjalmar Schacht, =
president of=20
the Reichsbank, the German Federal Bank.
=
----------------------------------------------------------------- 3=
2.=20
PRESIDENT WOODROW WILSON,=20
=
(1916) ---------------------------------------------------------------=
--
Schacht often turned to Max for advice in financial =
matters,=20
and continued doing so for several years after Hitler =
came to=20
power. Through Schacht, Max became convinced that the =
Warburg=20
bank would never be seized and that he himself might be =
to Hitler=20
what Albert Ballin had been to the Kaiser, the court Jew. =
Alas,=20
as the months marched relentlessly onward, this =
possibility=20
seemed less than remote, particularly to Max's despairing =
brothers in New York. A law of April, 1933, decreed that =
all Jews=20
be dismissed from government service and the =
universities, and=20
they were also barred from the professions. Yet a week =
later,=20
Max Warburg was dining with his friend, the Nazi =
Schacht.
After the war it was Eric Warburg who persuaded the =
Allies to=20
let the family bank in Hamburg resume operations, and he =
was as=20
of 1967, the senior partner in the Hamburg office, though =
both he=20
and his young son, Max II, remained U.S. citizens.
This brings us to the bankruptcy of the United States.=20
The Bankers continued to pull the gold and silver out of=20
this Country. In the early 1920's they were pulling =
massive=20
amounts of gold out of this Country. Then in 1929 you had =
the run=20
on the banks and the closing of the Bank of the United =
States and=20
the crash of the stock market. The following quote on MAY =
23,=20
1933 describes the above crime:
On the House floor, Congressman McFadden brought=20
impeachment charges against many of the federal reserve =
board=20
members, federal reserve agents of many States, =
comptroller of=20
the currency, and several secretaries of the United =
States=20
Treasury for high crimes and misdemeanors, including the =
theft of=20
eighty billion dollars from the United States Government =
and=20
with committing the same thefts in 1929, 1930, 1931, 1932 =
and=20
1933 and in the years previous to 1928, amounting to =
billions of=20
dollars. These charges were remanded to the Judiciary =
committee=20
for investigation, where these charges were effectively =
buried=20
and until this day have never been answered.33=20
(Congressional Record)
=
----------------------------------------------------------------- 3=
3.=20
THE CONGRESSIONAL RECORD, p. 4055, 4058, May 23,=20
=
1933 -----------------------------------------------------------------=
Thus the country entered into another depression. What=20
were the bankers objectives this time? They wanted more =
control=20
and more return on their money for the benefit of their =
loans.=20
The most amazing thing was that the American people stood =
by=20
while their slavery was made complete. In 1933 with a =
huge amount=20
of the gold supply taken by illegal means, President=20
Roosevelt willingly followed the bankers demands. The =
United=20
States for all practical purposes entered into Chapter 11 =
bankruptcy.
Congressman Traficant said on the House floor, March =
17, 1993=20
that:
"Mr. Speaker, we are here now in chapter 11. Members=20
of Congress are official trustees presiding over the=20
greatest reorganization of any bankrupt entity in world =
history,=20
the U.S. government."
On March 10, 1933 President Roosevelt ordered that=20
all Americans had to turn in their Gold.
This was done by Presidential Executive Order, 6073 and=20
the subsequent Executive Orders, 6102, 6111 and 6260.34=20
[these documents are still publicly attainable in any =
federal=20
depository library]
Marriner Eccles, then chairman of the Board of Governors=20
of the Federal Reserve System, in testimony before the =
Banking=20
and Currency Committee of the House of Representatives on =
the=20
Banking Act of 1935 Mr. Eccles testified:
"In purchasing offerings of Government bonds, the=20
banking system as a whole creates new money, or bank =
deposits.=20
When the banks buy a billion dollars of Government bonds =
as they=20
are offered-and you have to consider the banking system =
as a=20
whole, as a unit-the banks credit the deposit account of =
the=20
Treasury with a billion dollars. They debit their =
Government bond=20
account a billion dollars, or they actually create, by a=20
bookkeeping entry, a billion dollars."35
=
----------------------------------------------------------------- 3=
4.=20
PRESIDENT ROOSEVELT, EXECUTIVE ORDERS, 6102, 6111,=20
6260, (1933) 35. THE MYSTERIES OF THE FEDERAL RESERVE =
SYSTEM,=20
p.=20
=
3 -----------------------------------------------------------------
The theft of this countries gold was a down payment for=20
the bankers, they were also given complete control over =
the=20
finances of the United States. Another part of the deal =
was that=20
the United States was not collecting enough money in =
taxes to pay=20
the interest, so the American people had to be conned =
into=20
entering a social contracts that would make the American =
people=20
legally bound to the bankers in voluntary servitude, =
which is not=20
against the Thirteenth Amendment that states:
Section 1. Neither slavery nor involuntary servitude,=20
except as a punishment for crime whereof the party shall =
have=20
been duly convicted, shall exist within the United =
States, or any=20
place subject to their jurisdiction. Section 2. =
Congress shall=20
have power to enforce this article by appropriate =
legislation
One of the contracts that was used to do this was the=20
Social Security Act. You would probably say that this is =
a=20
Insurance plan for your old age retirement. Is it? Let's =
examine=20
what takes place. Money is taken out of your wage =
reimbursement=20
and is supposedly put into a trust fund until you retire. =
What actually happens is that this money is placed into =
the=20
treasury as your payment on the national debt and an IOU =
for this=20
amount goes into the trust fund. When you make a claim =
for your=20
Social Security benefits, the money is then borrowed from =
the=20
bankers, thereby perpetually increasing the national debt =
your=20
children will have to pay. This was part of the new deal, =
the=20
United States agreed to borrow every dollar the =
government uses=20
from these same bankers. When you receive a Social =
Security=20
payment from the government you have not received your =
money, you=20
have received further benefit from the government. If =
you'll look=20
on your wage check stub, you will find the initials =
F.I.C.A.,=20
which is the amount that you pay for your supposed Social =
Security insurance. What does F.I.C.A mean? It means =
Federal=20
Insurance Contribution Act. What about the word =
Contribution.=20
Through your public school training and the context in =
which this=20
word is used you would think it means your payment for =
your=20
insurance. Does it? What do lawyers, judges and the =
federal=20
government say Contribution means? You can find their =
definition=20
in Blacks Law Dictionary, it reads as follows:
Contribution. Right of one who has discharged a=20
common liability to recover of another also liable, the =
aliquot=20
portion which he ought to pay or bear. Under principle=20
of "contribution," a tort-feasor against whom a judgement =
is rendered is entitled to recover proportional shares of =
judgement from other joint tort-feasor whose negligence=20
contributed to the injury and who were also liable to the =
plaintiff. (cite omitted) The share of a loss payable by =
an=20
insure when contracts with two or more insurers cover the =
same=20
loss. The insurer's share of a loss under a coinsurance =
or=20
similar provision. The sharing of a loss or payment among =
several. The act of any one or several of a number of =
co-debtors,=20
co-sureties, etc., in reimbursing one of their number who =
has=20
paid the whole debt or suffered the whole liability, each =
to the=20
extent of his proportionate share. (Blacks Law Dictionary =
6th=20
ed.)
So you see when you went to the Social Security office=20
and asked for your Social Security number and you then =
signed=20
the Social Security application you said that you were a=20
tortfeasor and that you were equally responsible with the =
other=20
tortfeasors for the national debt. The bankers, in 1933 =
increased=20
their return on their money in several ways. First, what =
was=20
just covered, the Social Security scam. The money you pay =
out is=20
a tax, payment on the national debt. Second, once the =
gold=20
was removed in 1933 and the silver in 1967, the only =
money=20
printed was the bankers fiat money. The definition of =
fiat is=20
as follows:
"Money composed of otherwise essentially valueless =
things that=20
neither have a commercial use nor constitute a claim=20
against anyone, but do have a special legal =
qualification. The=20
money is not the material bearing the stamp as authority =
but the=20
stamp alone." (Blacks Law Dictionary 6th ed.)
When the bankers did this they further enslaved you.=20
The bankers have a total monopoly on the commerce in this =
country. They have given you the privilege of discharging =
your=20
debt without actually paying your debts. Here is the =
definition=20
of discharge:
"Settlement of a debt is discharged and the debtor =
is released=20
when the creditor has received something from him. It may =
be=20
money or its equivalent. (Barrons Law Dictionary)
Contribution: "Right of one who has discharged a=20
common liability to recover of another also liable, the =
aliquot=20
portion which he ought to pay or bear." (Blacks Law 6th =
ed.)
Congressman Jerry Voorhis said:
"The banks -- commercial banks and the Federal Reserve=20
-- create all the money of this nation and its people pay =
interest on every dollar of that newly created money. =
Which means=20
that private banks exercise unconstitutionally, =
immorally,=20
and ridiculously the power to tax the people. For every=20
newly created dollar dilutes to some extent the value of =
every=20
other dollar already in circulation."36
The loss of your sovereign status has all been done=20
by contract. A contract can override any pre-existing law =
including the Constitution of the United States. Your =
rights and=20
your sovereign status have been lost through the =
contracts you've=20
been involved in (in relation to your status) with these=20
bankers. Contracts do not have to be written down on =
paper. The=20
contracts you have been involved in (in relation to your =
status)=20
for the most part have been silent contracts. You can =
have a=20
silent contract as long as you have the three components =
of a=20
contract present, offer, acceptance and consideration. =
The=20
bankers have offered you fiat money which has no value. =
The=20
benefit you receive is that you can buy real property =
with this=20
fiat money without being put in jail for stealing. The =
bankers=20
offered this money through the government, you accepted =
and used=20
this money without objection, which proves your =
consideration.=20
Because of your acceptance and consideration of this =
silent=20
contract (without your objection), the bankers have a =
right to=20
compel you to preform to any stipulations that they might =
add to=20
protect their investment. Since you are the collateral =
(your=20
labor) which is the surety for the contract, they have a =
right=20
to protect you. That's why all these laws and acts of =
Congress=20
came about after 1933. Why do you think you have to have=20
car insurance, drivers license, building permits, seat=20
belt regulations and the coming Health Plan?
=
----------------------------------------------------------------- 3=
6.=20
CONGRESSMAN JERRY VOORHIS,=20
=
(1934) ---------------------------------------------------------------=
--
These regulations are compelled performance, because you =
have=20
to comply as long as you receive the benefit of =
discharging=20
your debt, and if you refuse you can be locked away in =
jail for=20
the public welfare. Why? Because you might damage=20
another tort-feasor. This is just one benefit (silent =
contract)=20
there are many others that are offered through the =
government.=20
I've covered one which was the Social Security benefit. =
The=20
benefits offered by government serve another purpose, but =
to the=20
same end. They have been offered to remove any claim you =
might=20
have had to the Constitution and the Bill of Rights. This =
began=20
when the Fourteenth Amendment was passed. Section 1. =
All=20
persons born or naturalized in the United States, and =
subject to=20
the jurisdiction thereof, are citizens of the United =
States and=20
of the State wherein they reside. No State shall make or =
enforce=20
any law which shall abridge the privileges or immunities =
of=20
citizens of the United States; nor shall any State =
deprive any=20
person of life, liberty, or property, without due process =
of law;=20
nor deny to any person within its jurisdiction the equal=20
protection of the laws. Section 4. The validity of the =
public=20
debt of the United States, authorized by law, including =
debts=20
incurred for payment of pensions and bounties for =
services in=20
suppressing insurrection or rebellion, shall not be=20
questioned.
You would say that this was done to emancipate the=20
Negro. That's what you've been told, but that is not the =
only=20
reason. Remember at the beginning of this paper? Joseph =
Seligman=20
told us one reason, which was to increase the national =
debt.=20
Another reason was to create a federal citizen. The =
Negroes were=20
given their United States citizenship by Congress's =
enactment of=20
the Fourteenth Amendment. Anything that is created by=20
government, can be regulated and controlled by =
government,=20
through its insular capacity. Another reason was that =
part of the=20
Fourteenth Amendment made it illegal for a United States =
citizen=20
to challenge the Validity of the national debt. The=20
government's part in this was to offer benefits to the =
American=20
people. Thereby, making it possible for the American =
Citizen to=20
become a citizen of the United States. The acceptance of =
these=20
benefits changed your status from a large C Citizen =
(proper=20
noun), to a small c citizen, which made you subject to =
the=20
government. If you'll look at the Constitution you'll see =
that=20
prior to the Fourteenth Amendment, Citizen was a large C =
and=20
after the Fourteenth Amendment this changed to a small c. =
Another=20
way your status changed was by your signing government =
forms that=20
used the metaphor United States citizen. For example on =
your 1040=20
form or W2 form or passport etc., you were asked if you =
were a=20
citizen of the United States (the word of in law means =
belonging=20
to) small c, because you didn't know the words United =
States was=20
a metaphor, you said sure and signed the forms. Even if =
you=20
hadn't received any benefits from the government you were =
now a=20
small c citizen and subject to the government, because of =
the=20
declaration you made when you signed these forms. As I =
said=20
earlier there are a multitude of benefits offered by the=20
government. These include all of the Social programs, =
being a=20
registered voter, having bank accounts, having insurance, =
working=20
for government created corporations, the benefit of =
police=20
protection etc.. just to name a few. What this means is =
that you=20
no longer have the same status as our forefathers. The=20
Constitution before the Fourteenth Amendment no longer =
applies to=20
you. The only rights you have are those granted to you by =
your=20
king (government). Any rights that are granted to =
Fourteenth=20
Amendment citizens can be taken away. For example, the =
Second=20
Amendment, the right to bear arms. Because of public =
policy this=20
right is going to be taken away to protect the =
tortfeasors=20
(co-sureties for the national debt). Have you noticed how =
the=20
government has said that this is a health issue? The =
bankers are=20
losing to many co-sureties, and the tax money they pay =
in. The=20
bankers required all of these entitlements and enacted =
these laws=20
to protect their subjects and to increase the amount of =
taxes=20
being collected. The main reason the guns are going to be =
collected is to remove any danger to the government, when =
they=20
declare martial law and totally suspend =
the Constitution.
The incredible genius of this is that this was done=20
with your approval and you paid for it. Were not taxes =
required to pay the debts acquired by the United States =
on your=20
behalf, if you are a voter, which makes you a party to =
any=20
decision that Congress makes? Were not these taxes =
paid by=20
your labor, so are you not working for the bankers? =
Are you=20
not subject to their whims through interest rates and =
monetary=20
policies set by them? The over-riding question is were =
you=20
aware of this? True you've subjected =
yourselves voluntarily, but=20
were you aware of the bankers intent to enslave you. Were =
you=20
aware of the secret arrangements made between the United =
States=20
government past and present with the =
international bankers.
The following is the definition of secret taken from=20
Blacks Law Dictionary:
"Concealed; hidden; not made public; particularly, in=20
law, kept from the knowledge or notice of persons liable =
to=20
be affected by the act, transaction, deed, or other thing =
spoken=20
of. Something known only to one or a few and kept from=20
other."
Because you are a registered voter and receiving=20
monetary benefit from the government, which is provided =
by the=20
bankers, you are obligated to abide by any statute that =
Congress=20
might pass in favor of the bankers.
The money this country uses will be the down fall of=20
our monetary system. In other words because this fiat =
money has=20
no value other than the three cents it costs to produce =
it, you=20
have never paid for anything, and the bankers gave you=20
limited liability so you cannot be sued for this. The =
final=20
beneficiary for the continuing of these transactions =
(commerce),=20
are the bankers. For every fiat dollar the bankers print =
and are=20
able to get into circulation, they get ninety seven cents =
of=20
real property, plus interest. This is called a no =
interest=20
contract. What does this mean? As an example read the=20
following:
Let's say you bought a home that you did not intend to=20
live in, for ten thousand dollars and the house was =
appraised=20
for eighty thousand dollars. You then purchased a =
insurance=20
policy for two dollars a month, that would protect you =
for the=20
full eighty thousand dollars. You would not have a =
interest in=20
seeing the policy continue. It would be in your interest =
for the=20
house to burn down, because you would make a profit of =
seventy=20
thousand dollars. This is a no-interest contract, some =
times=20
called a wager contract. (James Montgomery)
When you use federal reserve notes you are involved in=20
a silent contract between you and the bankers. The =
bankers are=20
the suppliers, the government and the United States =
citizens are=20
the receivers. Anyone around the world that has received =
this=20
fiat money for payment or is involved with the banking =
system's=20
are also receivers of this benefit. This fiat money=20
creates increased perpetual debt with its use, the =
bankers=20
hidden interest is for you and the government to never be =
able to=20
pay off your debt. They loan this money out with the=20
understanding that the debt can be paid off. This is =
impossible=20
because you cannot pay off a debt with fiat money which =
is=20
discharging the debt and passing it to someone else. Have =
you=20
been reimbursed for your labor when you are paid with =
fiat money?=20
No. What do you receive when you receive fiat money? =
Don't you=20
receive a debt note? A tax is required on the valueless =
money you=20
were paid for your labor, just as if you were paid real =
money.=20
The difference being you can't pay a debt (tax) with fiat =
money. Your labor and your property are being transferred =
for=20
the payment of these taxes. Your labor is being required =
to pay=20
a tax for the use of money that has no value. So don't =
you go=20
in the hole every time you receive and accept fiat money =
for=20
payment for your labor? Sure you do, think about it, this =
is the=20
most ingenious scam ever devised. Just as soon as people=20
start refusing to accept the federal reserve notes the =
whole=20
system would crumble. It is only your faith in the =
security of=20
the dollar that gives it its buying power. The debt =
cannot be=20
paid off and the fact that it's in the bankers interest =
to loan=20
out more fiat money, because they receive real property =
in=20
return, the bankers will do anything to continue this =
fraud. When=20
you no longer have enough labor to satisfy the debt, your =
property is then transferred through bankruptcy. This is =
a=20
classic no-interest contract, it is illegal and the =
bankers and=20
anyone in government that are involved should be jailed. =
What=20
completes this trap? The government has made it law, that =
the=20
only money that can be used is the fiat money the bankers =
print=20
and distribute. Thereby, you are being forced to be a =
party to=20
a silent contract where your consideration is based on=20
coercion. You might ask, do I have a remedy? You bet. Can =
you=20
be compelled to enter a contract? No. Can you be bound by =
a contract where there is fraud involved? No. So what's=20
your remedy? Study these issues and study, study and =
study some=20
more. Then! Quit receiving voluntarily, government =
benefits that=20
you are not compelled (forced) to. Learn how to object to =
these benefits when you are compelled by government to =
accept=20
them, thereby, reserving your common law right under God =
to be=20
a freeman and a freeholder of your property while=20
maintaining your Sui Juris status. Here is the definition =
of Sui=20
Juris:
"Possessing all the rights to which a freeman is =
entitled; not=20
being under the power of another, as a slave, a minor, =
and the=20
like." (Bouviers Law Dictionary 1914 ed.)
What about the other parties in the transactions you =
have been=20
involved in? They accepted this fiat money as payment, =
so no one=20
has been wronged. Or have they? What about the =
real property or=20
services that have transferred, have these =
parties received real=20
value? No! Let's say in a hypothetical situation that you =
sell a=20
piece of land for one hundred thousand dollars and you =
are paid=20
one hundred thousand fiat dollars, you're happy, but =
wrongfully=20
so. The money you've been paid is worth three cents on =
the=20
dollar, but on April 15 you will have to pay a tax based =
one=20
hundred thousand dollars. Your property has been stolen =
from you=20
(with your consent) and you now have to pay a tax of =
twenty=20
five percent, twenty five thousand dollars to the IRS, =
which is=20
based on the full amount, one hundred percent not the =
three=20
percent value you were paid for your land. You have =
exchanged=20
one hundred thousand dollars of real property for three=20
thousand dollars of paper debt money and accrued a debt =
of twenty=20
five thousand dollars that will be paid by your labor. So =
for=20
selling your property you are now in the hole twenty two=20
thousand dollars. You would say I still made seventy five =
thousand dollars on the deal. Did you? Remember Congress =
has to=20
borrow every dollar that is in print, including your =
seventy=20
five thousand dollars. You have seventy five thousand =
dollars of=20
debt that your children will have to pay back and their=20
children etc... Also this money has no value and is =
supported=20
only by the faith of those that use it. Suppose right =
after you=20
sold your land the bankers told the American people the =
truth,=20
that the money has no value. Where would you be then? =
There is=20
no security in a money system that has no foundation.
Here's another example of how the debt cannot be paid=20
off; remember, the only money in existence is the money =
the bank=20
has created. Let's say the bank loaned out one thousand =
dollars=20
to the government and wants ten percent interest in =
return.=20
Where is the government going to get the ten percent of =
bank=20
created money to pay the interest on its loan? The bank =
didn't=20
print money in excess of the original loan that could be =
used=20
free of charge to pay the interest. The only method of =
paying=20
the interest is to borrow more money on the credit of the =
citizens of the United States. This practice of borrowing =
money=20
to pay interest creates perpetual debt, that cannot be =
paid=20
off, Jefferson was right. Eventually the Bankers will =
have=20
to foreclose on America.
"...And to preserve their independence, we must not let=20
our rulers load us with perpetual debt. We must make our=20
election between economy and liberty or profusion and =
servitude.=20
If we run into such debts as that we must be taxed in our =
meat=20
and in our drink, in our necessaries and our comforts, in =
our=20
labors and our amusements, for our callings and our =
creeds, as=20
the people of England are, our people, like them, must =
come to=20
labor sixteen hours in the twenty-four, and give the =
earnings of=20
fifteen of these to the government for their debts and =
daily=20
expenses; and the sixteenth being insufficient to afford =
us=20
bread, we must live, as they now do, on oatmeal and =
potatoes;=20
have not time to think, no means of calling the =
mismanager's to=20
account; but be glad to obtain subsistence by hiring =
ourselves to=20
rivet their chains on the necks of our fellow=20
sufferers..."37 (Thomas Jefferson)
The bankers have also created trillions of dollars=20
with bookkeeping entries, without printing any money. If =
you=20
create a trillion dollars in this manner, where is the =
trillion=20
dollars and the interest going to come from to pay for =
this=20
bookkeeping entry, since this money was never =
printed?
=
----------------------------------------------------------------- 3=
7.=20
THE MAKING OF AMERICA, p.=20
=
395 -----------------------------------------------------------------<=
/P>
The only way this debt can be paid off is by borrowing =
the=20
money which will be paid back by your labor and your =
property.=20
Now, the debt and interest has grown so great there is =
not enough=20
land or people producing labor to pay the national debt. =
It=20
is impossible to pay the national debt and the interest =
on the=20
loan, for the above reasons. Do you see how the wealth of =
this=20
country has been transferred to the bankers?
Thomas Jefferson and Sir Josiah Stamp, the former =
president of=20
the Bank of England, were right about the bankers and the =
use of=20
their money.
"If the American people ever allow the banks to=20
control issuance of their currency, first by inflation =
and then=20
by deflation, the banks and corporations that grow up =
around=20
them will deprive the people of all property until their =
children=20
will wake up homeless on the continent their fathers=20
occupied."38 (Thomas Jefferson)
"The modern banking system manufactures money out =
of nothing.=20
The process is perhaps the most astounding piece =
of sleight of=20
hand that was ever invented. Banking was conceived =
in inequity=20
and born in sin...Bankers own the earth. Take it =
away from them=20
but leave them the power to create money, and, with =
a flick of a=20
pen, they will create enough money to buy it =
back again...Take=20
this great power away from them and all great fortunes =
like mine=20
will disappear, for then this would be a better and =
happier world=20
to live in...But, if you want to continue to be the =
slaves of=20
bankersand pay the cost of your own slavery, then let =
bankers=20
continue to create money and control credit."39 (Sir =
Josiah=20
Stamp)
"But from a financial standpoint we are at great risk, =
and our=20
banking system is at great risk. Just about three =
special orders=20
ago I placed in the Record statistics showing how =
the leading=20
banks of our country are heavily involved in =
super-scale gambling=20
that makes Las Vegas look like a backyard alley =
dice game...Our=20
principal banks, the top 20, are heavily involved. The =
top seven=20
or eight just absolutely are irretrievably involved. One =
of=20
those, for instance, is involved 1,750 percent over its =
total=20
capitalization structure...So once again, you =
get individuals,=20
like one, associated with others, like James Gold Smith, =
who is a=20
relative of the Rothschilds in London and who, just a few =
years=20
ago, was a matter of attention to us on the committee =
because he=20
was involved in some of the very
=
----------------------------------------------------------------- 3=
8.=20
THE LIBRARY OF CONGRESS 39. FORMER PRESIDENT OF THE BANK =
OF=20
=
ENGLAND --------------------------------------------------------------=
---
heavy leveraged buy outs and attempts on leveraged buy =
outs=20
such as Goodyear in Ohio and which cost us a lot in=20
family disruptions, loss of jobs to many of our =
Americans,=20
heavy indebtedness of our corporate structure, where the =
private=20
equal to the amount of our Government debt, which is over =
$4=20
trillion, the greatest ever in the history of mankind of =
any=20
nation...It is the same thing with financial =
transactions. The=20
Federal Reserve Open Market Committee, which works in =
secret, it=20
does not even keep minutes any more, and is making the =
life and=20
death determinations for the security and freedom of the=20
American public's standard of living, economic and =
financial=20
freedom. If we are nothing more than economic serfs, how =
can we=20
boast?"40 (Congressman Gonzales)
President Eisenhower's Secretary of the Treasury Anderson =
in an interview with U.S. News and World Report on August =
31,=20
1959 said: Question: Do you mean that banks, in buying =
Government securities, do not lend out their customers' =
deposits?=20
That they create the money they use to buy the=20
securities? Answer (by Secretary Anderson): "That is =
correct.=20
Banks are different from other lending institutions. When =
a=20
savings and loan association, an insurance company, or a =
credit=20
union makes a loan, it lends the very dollar that its =
customers=20
have previously paid in. But when a bank makes a loan, it =
simply=20
adds to the borrower's deposit account in the bank by the =
amount=20
of the loan. The money is not taken from anyone else's =
deposit;=20
it was not previously paid in to the bank by anyone. It's =
new=20
money, created by the bank for the use of the borrower." =
"We=20
are completely dependent on the commercial Banks. Someone =
has=20
to borrow every dollar we have in circulation, cash or =
credit.=20
If the Banks create ample synthetic money we are =
prosperous; if=20
not, we starve. We are absolutely without a permanent =
money=20
system. When one gets a complete grasp of the picture, =
the=20
tragic absurdity of our hopeless position is almost =
incredible,=20
but there it is. It is the most important subject=20
intelligent persons can investigate and reflect upon. It =
is so=20
important that our present civilization may collapse =
unless it=20
becomes widely understood and the defects remedied =
soon."41=20
(Robert H. Hemphill, Credit Manager of Federal Reserve =
Bank,=20
Atlanta, Ga.)
=
----------------------------------------------------------------- 4=
0.=20
CHAIRMAN OF THE BANKING COMMITTEE, Augest 6, 1993 on =
the floor of=20
the congress, in SPECIAL ORDERS 41. THE MYSTERIES OF THE =
FEDERAL=20
RESERVE SYSTEM, p.=20
=
3 -----------------------------------------------------------------
The only way the defeat of America could be accomplished=20
is with changing the laws, and having bought and paid for =
judges=20
and Congressmen to do this. The only thing they had to =
overcome=20
were the few Americans that were watching and the =
Constitution.=20
The last 217 years of this country, and going back to =
Adam, has=20
been a war with the principalities and powers in high =
places.=20
Jesus' Word makes it clear that the principalities and =
powers in=20
high places will be defeated and the governments of the =
world=20
will become Christ's Kingdom.
Freedom is a seed sown by God into the hearts of men, =
and only=20
by understanding God's purpose for freedom will the seed=20
of freedom grow. Brave men have fought for freedom =
because=20
they understood its purpose. The great men that shaped =
this=20
country realized the dream of freedom which gave birth to =
its=20
purpose. We have to overcome men that want to prosper =
from=20
others servitude and lack of knowledge.
Freedom begins and ends with Jesus Christ, once your =
spirit is=20
freed from sin the seed of freedom is planted. It then=20
becomes the will of man to free his body from the curse =
of=20
slavery and to become subject only to God Almighty as a =
tri-part=20
creation, spirit, soul, body, which fulfills God's =
purpose.
Evil seeks to obscure and eliminate the dream that=20
defines God's purpose for freedom, but a seed planted by =
God=20
Almighty can never be put asunder. The dream lives on in =
the=20
hearts of men, once awakened it is a force that the gates =
of hell=20
shall not prevail against. Only when freedom becomes your =
purpose=20
and drive will the desire for freedom spread to other =
patriots=20
not yet known.
The oppressors promise death, imprisonment, and=20
financial ruin, this cannot quench or destroy a seed =
planted by=20
God. Once you learn that there are men that want to =
enslave you=20
through deception and fraud, it is your responsibility =
and duty=20
to free yourself from the yoke of oppression. Once you =
have=20
realized your purpose, which is given to you as a gift by =
God=20
Almighty, you can then start to understand that it is =
your=20
responsibility to be free and that this cannot be =
obtained=20
without the divine hand of God Almighty in operation in =
your=20
life.
Only those of us that have the dream of freedom and =
operate in=20
its purpose, will regain our freedom and take back our=20
county, for the glory of God Almighty. Until God's =
Kingdom=20
is established on this earth, subdue and take dominion =
over=20
the earth as God commanded. (James Montgomery)
"Every man should remain in the condition in which he=20
was called. Were you a slave when you were called? Do not =
let=20
that trouble you; but if a chance of liberty should come, =
take=20
it. For the man who as a slave received the call to be a=20
Christian is the Lord's freedman, and, equally, the free =
man who=20
received the call is a slave in the service of Christ. =
You were=20
bought at a price; do not become slaves of men. Thus each =
one, my=20
friends, is to remain before God in the condition in =
which he=20
received his call." (1 Corinthians 7: verses 20-24 New =
English=20
Bible)
JAMES FRANKLIN MONTGOMERY
SUI JURIS
GENERAL REFERENCES
OUR CROWD - STEPHEN BIRMINGHAM, (1967) (Mr. Birmingham is =
a Jewish author, this book is non-fiction and is an=20
authorized autobiography, in which he obtained his =
information=20
from the principles, Rothchilds etc..via letters and by=20
personal interview.) THE MYSTERIES OF THE FEDERAL =
RESERVE=20
SYSTEM - JERRY VOORHIS, (1986) PIECES OF EIGHT - EDWIN =
VIEIRA=20
JR., (1983) MIRACLE ON MAIN STREET - F. TUPPER SAUSSY,=20
(1982) A DECLARATION OF FINANCIAL INDEPENDENCE - JOHN=20
GRANDBOUCHE, (1983) PIED PIPERS OF BABYLON - VEIL K. =
SPEER,=20
(1985) THE AMERICAN COVENANT - MARSHALL FOSTER, =
(1983) BASHED=20
BY THE BANKERS - BYRAN DALE, (1988) A HISTORY OF THE =
UNITED=20
STATES - T. HARRY WILLAMS, (1962) THE FEDERAL UNION - =
JOHN D.=20
HICKS, (1957) A SHORT HISTORY OF THE AMERICAN NATION - =
JOHN A.=20
GARRATY, (1973) WORDS THAT MADE AMERICAN HISTORY - =
RICHARD N.=20
CURRENT, (1972) THE MAKING OF AMERICA - W. CLEON SKOUSEN, =
(1985)
LEGAL REFERENCES
BLACKS LAW DICTIONARY - WEST, 4th ed. (1891), 5th ed.=20
(1990) BOUVIER'S LAW DICTIONARY - RAWLE'S, =
(1914) WORDS AND=20
PHRASES - WEST, (1957) BLACKSTONE'S COMMENTARIES - =
BLACKSTONE,=20
(1765) NOAH WEBSTER'S 1828 DICTIONARY - NOAH WEBSTER,=20
(1828) INVISIBLE CONTRACTS - GEORGE MERCIER, (1985)
-- Using Opera's revolutionary e-mail client:=20
http://www.opera.com/mail/
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