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the Soulless Money Changers

"Their perverted hearts plot evil,
they constantly stir up trouble."
- Proverbs 6:14

You work for me!

A Travesty of Financial History: Bank Lobbyists will Applaud

"Financial history has numerous examples of preying on the weak, crushing competition, socializing risks, privatizing profits, redistributing wealth upward to a financial oligarchy while creating "tollbooth economies" with debt bondage." - Stephen Lendman

"Bank-money exchange reflects and creates a system of elite control and human slavery. Reciprocal credit exchange reflects and creates a democratic system on a level monetary playing field." - Richard C. Cook


wizard of debt

The chairman of the Federal Reserve Ben Salom Bernanke suggests
that we turn over our sovereignty to the Bank of International Settlements.

Ben Salom Bernanke suggests we take the advise of the Financial Stability Forum
a small secretariat housed at the Bank for International Settlements in Basel, Switzerland.

"I will not say much about the international dimensions of the issue but will take as self-evident that, in light of the global nature of financial institutions and markets, the reform of financial regulation and supervision should be coordinated internationally to the greatest extent possible." - Ben Salom Bernanke speaking to the Council on Foreign Relations 03/10/09

"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." - Cicero, 55 BC

"Awareness of the hideous evil of the financiers' plans to destroy the soul of humanity is growing." -Richard Cook

"Economists" work at selling the public the idea that recessions and/or depressions are a natural part of what they call the "business cycle". This is simply not the truth. Recessions and depressions occur due to the manipulation of the money supply.

All central banks are privately owned and operated. Central banks refuse the scrutiny of state regulators - no one knows whose money - if there actually is reserves - the central banks use and no one has ever been allowed to audit the fungible assets in their database spreadsheets.

"When you are dealing with a world chain of financial consulates, all of them linking up in a world system, none of them to be regarded as American banks, or British banks, or French banks, or Italian banks, or German banks, but all of them members of the World Banking System, you are obviously not dealing with individuals who are trying to make a living. You are then dealing with a mighty force for good or ill, and thus far, sad truth to know, the ill is mountainous in comparison. The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few. " - Henry Ford

48 BC Julius Caesar mints coin for the benefit of all.

30 AD Jesus uses physical force - the only time throughout his ministry - to throw the soulless money changers out of the Temple. Jews could only pay their temple tax with a half-shekel, a half-ounce of pure silver, about the size of a quarter. The half-shekel was the only pure silver coin of assured weight at that time without the image of a pagan Emperor.

Jesus threw the soulless money changers out as their monopoly on these coins and the methods the soulless money changers used to extract wealth from their brethren totally violated the sanctity of God's house.

"Many biblical scholars believe the single event that doomed Jesus was his scene in Jerusalem's huge temple, turning over the moneychangers' tables, trying to stop them from making an unnecessary profit off the people." - Davidson Loehr


I O U


1024 Medieval England's money supply is controlled by goldsmiths. The idea of paper money being used for trade arrives from China. Paper money was simply a receipt you would get after depositing gold with a goldsmith in their vault. This paper promissary note replaced metal coins for trade as it was far more convenient than carrying around a lot of heavy gold and silver coins. Over time, to simplify the process and to hide the owner of the wealth, the receipts were made to the bearer, rather than to the individual depositor, making it readily transferable without the need for a signature. This broke the tie to any identifiable deposit of gold.

Recognizing that only a fraction of the depositors of gold ever came in to demand their gold at any one time they began to loan out paper promissary notes made payable to the bearer. These "excess" paper promissary notes made payable to the bearer were not backed by gold held in depositories. No one was allowed to audit the gold deposited and the soulless money changers were able to collect interest on the excess notes.

Loaning out more money than one possess, fractional reserves, is the same as printing money.

"It started with goldsmiths. As early bankers, they initially provided safekeeping services, making a profit from vault storage fees for gold and coins deposited with them. People would redeem their "deposit receipts" whenever they needed gold or coins to purchase something, and physically take the gold or coins to the seller who, in turn, would deposit them for safekeeping, often with the same banker.

Everyone soon found that it was a lot easier simply to use the deposit receipts directly as a means of payment. These receipts, which became known as notes, were acceptable as money since whoever held them could go to the banker and exchange them for metallic money. Then, bankers discovered that they could make loans merely by giving their promise to pay, or bank notes, to borrowers.

In this way, banks began to create money. More notes could be issued than the gold and coin on hand because only a portion of the notes outstanding would be presented for payment at any one time. Enough metallic money had to be kept on hand, of course, to redeem whatever volume of notes was presented for payment.

Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could "spend" by writing checks, thereby "printing" their own money." - Chicago Federal Reserve, Modern Money Mechanics


positive money

Goldsmiths used Fractional Reserve Banking.

Banking families intermarried and kept to themselves so that no one would ever know they had committed fraud resulting in international dynasties of banking families.

Frederick Soddy defines banks as: "Institutions which pretend to lend money, and do not lend it, but create it, and when it is repaid to them, de-create it and have achieved the physically impossible miracle thereby, not only of getting something for nothing but also of getting perennial interest from it."

"The truth is that no bank lends as much as a penny of the money deposited with it. Every bank loan or overdraft is a creation of entirely new money (credit) and is a clear addition to the amount of money in the community. It is no more than a record in a bank ledger or computer and is actually the creation of new money out of nothing." - Jane Birdwood

"The bank-debt currency system we have today is founded upon interest. That's the motivation for banks to create money in the first place. Creating money is only a side effect, irrelevant to the commercial bank, of their main purpose of earning a profit. Another side effect is the necessity of perpetual economic growth and, consequently, the conversion of all common wealth into private monetary wealth." - Charles Eisenstein

The soulless money changers soon discovered that their control of this fraudulent paper promissary note money supply, as there was more paper in circulation than in deposits, gave them control over the economy and the assets of many of those who had borrowed money. The soulless money changers exacted their control of the economy by manipulating the money supply - easy money and tight money - economic contraction and expansion.

The way the soulless money changers did this was to make money easy to borrow (low interest rates - refinance today! - home equity loans for any purpose! - cars: no down, 5 years at 1%) which increased the amount of money in circulation, then the soulless money changers suddenly tighten the money supply by making loans more difficult to get or stop offering loans altogether except to their friends and associates. A certain percentage of the people are now unable to repay their previous loans by not being able to take out new loans, those people are forced to sell their assets to the soulless money changers for pennies on the dollar.

This is exactly what happens in the global economy of today, but is referred to with words like, "the business cycle," "boom and bust," "recession," "depression", the tech bubble" and the "the housing bubble" in order to confuse and distract.

In a fractional reserve banking system, such as the fiat paper money/fungible asset system used internationally, the debt has to continue to climb until, at some point, it must be forgiven. This is because the debtors can never aquire enough capital to fully pay off their debt.

Assume a closed system were money is only created through a loan exactly like the one in operation internationally today. In fractional reserve banking at a 10% fractional reserve when $10 is deposited $100 is loaned out. Assuming an annual interest rate of 10% the borrower is required to pay $110 back to the bank, but $10 is still held as reserves by the bank and only $100 has been put out into circulation. Where does the extra $10 to be paid as interest come from?

"Imagine the first bank which prints and lends out $100. For its efforts it asks for the borrower to return $110 in one year; that is it asks for 10% interest. Unwittingly, or maybe wittingly, the bank has created a mathematically impossible situation. The only way in which the borrower can return 110 of the bank's notes is if the bank prints and lends more. The result of creating 100 and demanding 110 in return, is that the collective borrowers of a nation are forever chasing a phantom which can never be caught; the mythical $10 that were never created. The debt in fact is unrepayable. Each time $100 is created for the nation, the nation's overall indebtedness to the system is increased by $110. The only solution at present is increased borrowing to cover the principal plus the interest of what has been borrowed." - Roger Langrick

"Let's trace how interest leads to scarcity, competition, and the necessity of perpetual growth. Since nearly all money in the economy is being lent out at interest through one mechanism or another (deposits, loans, etc.), it follows either (1) that some of these loans must end up in default, or (2) that the supply of money must continue to grow. At any given moment, we collectively owe more money than exists at that time." - Charles Eisenstein

"The present Federal Reserve System is a flagrant case of the federal government conferring a special privilege upon bankers. The federal government hands to the banks its credit, at virtually no cost to the banks, to be loaned out by the bankers for their own private profit. Our present money system is a debt money system. Before a dollar can circulate, a debt must be created. Such a system assumes that you can borrow yourself out of debt." - Willis A. Overholser

"Economists respond to this fundamental question by fanning the flames: it obviously works in practice, so we should all keep using it. If we think about it too much, it may stop working. Traditional money systems depend on faith and general ignorance to stay afloat." - Jason Rohrer

1100 King Henry I tokes away the power the soulless money changers to mint money by creating a completely new form of currency in the form of a "talley stick." The talley stick lasted 726 years until 1826 even though other currencies came and went in that same period and ran alongside the talley sticks. The talley stick was a stick of polished wood into which notches were cut along one side, to indicate the denomination of money the stick represented. The stick was then split lengthwise through the notches, so that both pieces had a record of the notches. The King kept one half to protect against counterfeiting and the other half was circulated into the economy as money. The talley stick was the most successful money system in history, as the King demanded that all the King's taxes had to be paid in, "talley sticks," so this increased their circulation and acceptance as a legitimate form of money.

"If one who has borrowed from the Jews any sum, great or small, die before that loan be repaid, the debt shall not bear interest while the heir is under age, of whomsoever he may hold; and if the debt fall into our hands, we will not take anything except the principal sum contained in the bond. And if anyone die indebted to the Jews, his wife shall have her dower and pay nothing of that debt; and if any children of the deceased are left under age, necessaries shall be provided for them in keeping with the holding of the deceased; and out of the residue the debt shall be paid, reserving, however, service due to feudal lords; in like manner let it be done touching debts due to others than Jews." - Magna Carta 1215 AD

1225 St. Thomas Aquinas argues that the charging of interest is wrong because it applies to "double charging," charging for both the money and the use of the money. This concept followed the teachings of Aristotle that taught the purpose of currency was to serve the members of the social culture by facilitating the exchange of goods and services. Interest was contrary to reason and justice because it put an unnecessary burden on the use of money simply a way to facilitate trade in resources or services. Church law in Middle Ages Europe forbade the charging of interest on loans making it a crime called, "usury."

Christians were not allowed by their religion to charge interest on any money lent as this was considered usury. The Jews were not so incumbered.

"Usury is the practice of lending money at excessive interest rates. This has for centuries caused great misery and poverty for Gentiles. It has brought strong condemnation of the Jews!" - Diodorus Siculus Greek historian

"The Jewish usurers are fast-rooted even in the smallest villages, and if they lend five gulden they require a security of six times as much. They charge interest, upon interest, and upon this again interest, so that the poor man loses everything that he owns." - Desiderius Erasmus

"Jewish usurers bleed the poor to death and grow fat on their substance." - Bernardino de Feltro

In the Mishneh Torah of Moses Maimonides in the the Book of Judgments Jews are required to not charge interest to other Jews but to charge interest to a Gentile and to press the Gentile for payment.

"Turn to the pages of the Talmud and you will find that they made an art of lending money. They were taught early to look for their chief happiness in the possession of money. They fathomed all the secrets that lay hid in money. They became Lords of Money and Lords of the World." - Professor Werner Sombart


1275 Edward I of England issues the Statute of the Jewry outlawing the practice of usury.

"Jews have never, like other people, gone into a wilderness and built up a land of their own. In England in the 13th century, under Edward I, they did not take advantage of the offer by which Edward promised to give them the very opportunity Jews had been crying for, for centuries." After imprisoning the entire Jewish population, in his domain for criminal usury, and debasing the coin of the realm; Edward, before releasing them, put into effect two new sets of laws. The first made it illegal for a Jews in England to loan money at interest. The second repealed all the laws which kept Jews from the normal pursuits of the kingdom. Under these new statutes Jews could even lease land for a period of 15 years and work it. Edward advanced this as a test of the Jews sincerity when he claimed that he wanted to work like other people. If they proved their fitness to live like other people inference was that Edward would let them buy land outright and admit them to the higher privileges of citizenship. Did the Jews take advantage of Edwards decree? To get around this law against usury, they invented such new methods of skinning the peasants and the nobles that the outcry against them became greater than ever. And Edward had to expel them to avert a civil war. It is not recorded that one Jew took advantage of the right to till the soil." - Samuel Roth*

1492 Ferdinand and Isabella of Spain sign a decree expelling all Jews who refuse to convert to Christianity. A considerable number move to Portugal. Many members of the migrant Jewish community in Portugal proceeded to become wealthy in commercially successful Portuguese port cities. Being forced on the move, Jewish families remained mobile and quickly developed international family agencies for growing brokerage houses involved with shipping.

Family networks of mobile Jewish "lombards" migrated from port city to city with the Spanish Inquisition and created international networks. Most European cities still have a street named Lombard street after the pawn shop that once housed there. In Dutch, the name for a pawn shop is still lommerd, and the same etymology persists in the names of various banks (unless named after some family). In Polish and Russian, a pawn shop is called simply lombard. Lombard banking refers to the historical use of the term 'Lombard' for a pawn shop in the Middle Ages, a type of banking that originated with the prosperous northern Italian region of Lombardy.

In France the Lombards became synonymous with the Cahorsins. Cahors became prominent in the Middle Ages as a major banking center of medieval Europe. Cahorsin money lenders were among the most infamous for charging interest on their loans. Antwerp was foreigner-controlled, which made the city very international, with merchants and traders from Venice, Ragusa, Spain and Portugal. Antwerp had a policy of toleration, which attracted a large Haredi (and particularly Hasidic) orthodox Jewish community.

1509 King Henry VIII succeeds King Henry VII to the throne in England. Under King Henry VIII the Church of England seperates from Roman Catholicism, whose law preventes the charging of interest on money. King Henry VIII relaxes the laws regarding usury and the soulless money changers waste no time in re-asserting themselves by flooding the economy with gold and silver coins.

"No people under the sun are more greedy than they are, than they have been and always will be, as one can see from their accursed usury. The Princes and authorities sit and snore with open mouths and let the Jews take, steal and rob what they want out of their open purses and chests. That is, they permit themselves and their subjects to be skinned and sucked dry by the Jews' usury, and make themselves, with their own money, beggars in their own State. The Jews have got our money and property, and are therefore our masters in our own land." - Martin Luther 1543

1553 Queen Mary I succeeds Lady Jane Grey's nine day reign to the throne in England. During her reign, Queen Mary I, a staunch Catholic, tightens the usury laws. The soulless money changers, not amused, hoard gold and silver coins thus creating economic contraction.

1558 Queen Elizabeth I succeeds Queen Mary I, her half sister, to the throne in England. During her reign Queen Elizabeth I takes control of the money supply by issuing gold and silver coin.

1609 The soulless money changers in the Netherlands establish the first central bank in history, in Amsterdam. The central bank of Amsterdam finances Oliver Cromwell.

1649 Oliver Cromwell overthrows King Charles I putting him to death. Plunged into a costly series of wars over the next few decades Great Britain sinks deeper into debt. The soulless money changers foreclose on a square mile of property in the center of London which becomes known as the City of London, an international economic center.

1689 William of Orange ascends to the throne in England as King William III . Following a series of squabbles with the Stuart Kings, Charles II (1660 - 1685) and James II (1685 - 1688) the soulless money changers conspired with counterparts in Amsterdam who financed an invasion led by William of Orange of the Netherlands.

1694 King William III orders the British Treasury to borrow £ 1,250,000. In return King William III issues the syndicate of the soulless money changers a Royal Charter for the new central Bank of England.

This Royal Charter permits the syndicate of the soulless money changers to consolidate the British National debt just created by the £ 1,250,000 loan by securing payments of interest and principal through direct taxation of the people. The Royal Charter forbids private goldsmiths from storing gold and issuing paper promissary notes made payable to the bearer.

The Bank of England was so named for the sole purpose of deceiving the general public into believing it was part of the government and not a privately chartered joint stock incorporation.

Like any other privately chartered joint stock incorporation the Bank of England sold shares to get started. The private investors, whose names were never revealed, were supposed to put up £ 1,250,000 in gold coins to buy their shares in the central bank, but only £ 750,000 was ever received. Despite the £ 500,000 shortfall the central bank was duly chartered and began loaning out several times the money it supposedly had in reserves, all at interest.

"The Bank hath benefit of interest on all monies which it creates out of nothing." - William Paterson founder Bank of England

The Bank of England amounted to nothing less than the legal counterfeiting of a national currency for private gain. Any country falling under a private central bank controlled system of government eventually amounts to nothing more than a plutocracy. Soon after the Bank of England was formed it attacked the talley stick system, as it was currency outside of the power of the soulless money changers, just as King Henry I had intended it to be.

1698 British Treasury owes a debt of £16,000,000 to the Bank of England.

The soulless central bankers had gained control of the economy of England in the following way:

Suppose the money in circulation in a country is £5,000,000. A central bank is set up and prints another £15,000,000. This reduces the value of the initial £5,000,000 in circulation before the central bank was formed. This is because the initial £5,000,000 is now only 25% of the currency in circulation. It will also give the bank control of 75% of the currency in circulation with the £15,000,000 they lent out into the economy. This causes inflation, a reduction in value of money born by the common person, due to the economy being flooded with money.

"Non-inflationary economic growth - an increase in the production of goods and services - is structurally necessary for the current money system to exist. That is what drives the relentless conversion of life into money." - Charles Eisenstein

Mayer Amschel Bauer was the son of Anselm Moses Bauer of Frankfurt who ran a "foreign" money-exchange as Germany consisted of 350 principalities, each with its own currency. The foreign money-exchange was located on Judenstrasse, quite literally "Jew Street" in a ghetto in Frankfurt, numbering about 550 families.

While at the Oppenheimer Bank, Amschel Bauer met Lieutenant General Baron von Estorff, an aristocrat close to the Landgrave of Hesse-Cassell, William IX. The Landgrave of Hesse-Cassel, inherited the largest private fortune in Europe derived mainly from the hire of Hessian troops to the British Government for putting down the revolution in the US. The British Government leased about 15,000-17,000 Hessians human 'war units' each year.



making royalty your bitch

The principal of the funds were not returned to the Landgrave
and were in fact embezzled by Mayer Amschel Bauer.

"The history of the House of Rothschild is of greater importance for world history than the domestic history of the State of Saxony; and is it a matter of indifference that it is the history of Ashkenazi?" - Christian Matthias & Theodor Mommsen

1760 Mayer Amschel Bauer* changes him name to Mayer Amschel Rothschild*, sets up the House of Rothschild and soon learns that loaning money to governments and royalty is far more profitable than loaning to individuals because the loans made are bigger and backed by their nations' taxes.
Mayer Amschel Rothschild trains his five sons - Amschel, Salomon, Nathan, Karl and Jakob - in the art of money creation. Amschel stayed in Frankfurt where he bought a seat on the Prussian Privy Council of Commerce which shook the Prussian aristocracy. Salomon was sent to Vienna. Nathan was sent to London. Karl went to Naples. With the restoration of the Bourbons Jakob was given a charter to establish a branch of the Rothschild bank in Paris.

{"Our long history has depended time and again on being ahead of the game. Faster communications, better market information, new approaches and new solutions: these are what have given us flexibility, advantage and edge across changing times and circumstances. With two hundred years of successful client-service to our name, Rothschild takes the long view. The structure of the Rothschild group of companies today echoes the approach first adopted by the five Rothschild brothers." - Rothchilds website 2008

A few Rothschild corporations named on Rothchilds website 2008: NM Rothschild & Sons UK; NM Rothschild & Sons Channel Islands; Rothschild France; Rothschild Belgique; Rothschild Frankfurt; Rothschild Bank Zurich; Rothschild Trust; Rothschild Private Management; Five Arrows Commercial Finance; Rothschild Moscow; Rothschild Sweden; Rothschild North America; Rothschild Brazil; Bice Chileconsult; Rothschild Mexico; Rothschild Australia; Rothschild Asia; Rothschild South Africa

"Though they control scores of industrial, commercial, mining and tourist corporations, not one bears the name Rothschild. Being private partnerships, the family houses never need to, and never do, publish a single public balance sheet, or any other report of their financial condition." - Frederic Morton}

This marks the foundational establishment of the syndicate of the soulless' international central banking cartel.

"The major reason for the historical blackout on the role of the international bankers in political history is that the Rothschild were Ashkenazi, but a special kind of Ashkenazi Vampire - apostates. Nobody has a right to be more angry at the Rothschilds than the true Semitic Jews. The Warburgs, part of the Rothschild empire, helped finance Adolph Hitler." - Gary Allen



colonial script

1764 Benjamin Franklin is asked by officials of the Bank of England to explain the prosperity of American colonies.

"That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay." - Benjamin Franklin

British Parliament passe the Currency Act of 1764. The Currency Act of 1764 prohibits colonial officials from issuing their own money and orders them to pay all future taxes in gold or silver coins. Due to the prohibition on the issuance of paper money by the colonies under the Currency Act of 1764 - real estate owners who could not pay their debts lost their land. John Morton, a sheriff of Chester County in Pennsylvania who would sign the Declaration of Independence, seized 180 farms between 1766 and 1769.

"The viability of the colonists to get power to issue their own money permanently out of the hands of King George III and the international bankers was the prime reason for the revolutionary war. " - Benjamin Franklin

1769 William IX hires Mayer Amschel Bauer to supervise the operation of his properties and tax-gathering.

1775 Revolutionary war starts in Lexington, Massachusetts. 10 years of British taxation had drained the colonies of silver and gold coins. As a result of this, the continental government has no choice but to print money to finance the war. At the start of the revolution the American money supply stood at $12,000,000. By the end of the war it was nearly $500,000,000 and as a result the currency was virtually worthless. This is an example of the danger of printing too much money. Colonial Scrip had worked well because just enough was used to facilitate trade.

The Constitution established a basic currency unit, the dollar, constitutionally mandated to be a silver coin based on the Spanish pillar dollar and to contain 375 grains of silver. This single provision was designed to keep the American money supply out of the hands of the soulless international banking cartel.

1781 Continental Congress is desperate for monetary balance, so they allowed Robert Morris, their Financial Superintendent, to open a privately owned central bank, in the hope this would sort out the money problem. Robert Morris, son of the wealthy drug pushing tobacco exporter Robert Morris Sr., had grown wealthier during the revolution by trading in war materials. This first central bank in America is called the Bank of North America, which is set up with a four year charter, and was closely modeled after the Bank of England. The Bank of North America's charter called for private investors to put up $400,000 of initial hard capital, which Robert Morris Jr., the war profiteer, found himself unable to raise from American interests as all the gold and silver had been sent to England as taxes.

Robert Morris used his political influence to have gold loaned to the new American government by France deposited into the new Bank of North America to use as reserves.

"The primary definition of a central bank is a banking system in which a single bank has either a complete or residuary monopoly in the note issue." - Vera C. Smith , Committee for Monetary Research and Education

1785 Robert Morris' privately owned Bank of North America fails to would solve the problem of the monopolized money. Continental Congress choses not to renew the bank's charter.

"This institution, having no principle but that of avarice, will never be varied in its objective ... to engross all the wealth, power and influence of the state." - William Findlay

Mayer Amschel Rothschild moves his family home to a five story home in Frankfurt, Germany, which he shares with the Schiff family. A descendant of both Rothschild and Schiff, Jacob Hirsch Schiff, is instrumental in the setting up of the Federal Reserve 128 years later.

1787 Colonial leaders assemble in Philadelphia to replace the Articles of Confederation with the Constitution. Governor Morris headed the final draft of the Constitution and he knew the motivation of the soulless international bankers well as he had once worked for them. Governor Morris along with his former boss Robert Morris, and Alexander Hamilton had presented the original plan for the Bank of North America to the Continental Congress, in the final year of the revolution.

Governor Morris by this time had discovered his conscience, defected from Robert Morris, and in a letter to James Madison dated July 2nd of this year he stated, "The rich will strive to establish their dominion and enslave the rest. They always did. They always will. They will have the same effect here as elsewhere, if we do not, by the power of government, keep them in their proper spheres."

James Madison was opposed to a privately owned central bank after seeing the exploitation of the people by the Bank of England.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers founded." - Thomas Jefferson, letter to Albert Gallatin (Secretary of the Treasury) 1802

The words of wisdom of Governor Morris and Thomas Jefferson fell on deaf ears. Alexander Hamilton, Robert Morris and Thomas Wyling, con-vinced the bulk of the delegates to this Constitutional convention, not to give Congress the power to issue paper money. They were aware that most of these delegates were still reeling from the wild inflation of the paper money during the revolution. These delegates had short memories and didn't remember how well Colonial Scrip had worked before the war, or Benjamin Franklin's words of wisdom. As a result the Constitution was silent on the issue of paper money by the government for the citizens, leaving the door wide open for soulless money changers in the future.

1788 Prominent French International Bankers refuse to extend necessary short-term credit to the government, and they arrange to have shipments of grain and food to Paris delayed which triggers the hunger riots of the Parisians. This sparks the Revolution, in which a new ruling class emerged, driven by violent oppression, political and actual terrorism. As its violence grew so too did discontentment with the Revolutionary Regime and its stability and sustainability was in question.



highly illogical


1790 Newly appointed First Secretary of the Treasury, Alexander Hamilton, proposed a bill to the Congress calling for a new privately owned central bank.

"It was Alexander Hamilton, the first secretary of the treasury, who compromised the new nation, through what he admitted was "corruption," by giving the wealthy speculators in Revolutionary War bonds the benefit of federally-sponsored redemption and then by establishing the First Bank of the US. This early drift toward elitist rule was opposed by Thomas Jefferson, James Madison, and others." - Richard C. Cook


Alexander Hamilton's first job after graduating from law school in 1782 was as an aide to Robert Morris, who he had written to in 1781 stating, "a national debt if it is not excessive will be to us a national blessing."


Three main players behind the Bank Of North America were: Robert Morris; Alexander Hamilton; and the Bank's President, Thomas Willing. First Bank of the US hides the fact that it is a privately owned and operated corporation. Alexander Hamilton manages to get a new privately owned central bank through the new Congress.

"First Bank of the US" became the Bank of North America. Baron James de Rothschild of Paris was the principal investor. Robert Morris controlled it, Thomas Willing was the Bank's President.

1791 "The bill for establishing a national bank undertakes, among other things, -

1. To form the subscribers into a corporation.

2. To enable them, in their corporate capacities, to receive grants of lands; and, so far, is against the laws of mortmain.

3. To make alien subscribers capable of holding lands; and so far is against the laws of alienage.

4. To transmit these lands, on the death of a proprietor, to a certain line of successors changes the course of descents.

5. To put the lands out of the reach of forfeiture, or escheat; and so far, is against the laws of forfeiture and escheat.

6. To transmit personal chattels to successors, in a certain line; and so far, is against the laws of distribution.

7. To give them the sole and exclusive right of banking, under the national authority, is against the laws of monopoly.

8. To communicate to them a power to make laws, paramount to the laws of the states; for so they must be construed, to protect the institution from the control of the state legislatures; and so probably they will be construed.

I consider the foundation of the Constitution as laid on this ground - that all powers not delegated to the US, by the Constitution, nor prohibited by it to the states, are reserved to the states, or to the people. To take a single step beyond the boundaries thus specially drawn around the powers of Congress, is to take possession of a boundless field of power, no longer susceptible of any definition.

The incorporation of a bank, and the powers assumed by this bill, have not, in my opinion, been delegated to the United States by the Constitution." - Thomas Jefferson, February 15, 1791

1796 First Bank of the US has been controlling the American money supply for 5 years. During this time the American government has borrowed $8,200,000 from this central bank, and prices in America have increased by 72%.

"I wish it were possible to obtain a single amendment to our Constitution taking from the Federal government their power of borrowing." - Thomas Jefferson, Secretary of State

1798 Mayer Amschel Rothschild sends his son, Nathan, at the age of 21, to England with a sum of money equivalent to £20,000, to set up a money exchange there.


Nathan Mayer RothschildNapoleon Bonaparte
1800 Rothschilds hire general Napoleon Bonaparte of the French Revolutionary Army to restore order.

The privately owned central bank of France, is founded.

"The bankers owned its shares, and even Napoleon himself bought shares in the bank." - Andrew Gavin Marshall

Eventually Napoleon Bonaparte decides France has to break free of debt. Napoleon Bonaparte declares that when a government is dependent on bankers for money, it is bankers, not government leaders in control.

"The hand that gives is among the hand that takes. Money has no motherland, financiers are without patriotism and without decency, their sole object is gain." - Napoleon Bonaparte

1801 William IX, Landgrave of Hesse-Cassell, formally designated Mayer Amschel Bauer "Hoffaktor".


1803 Napoleon Bonaparte strikes a deal with Thomas Jefferson, the Louisiana purchase, exchanging the Mississippi basin for $3,000,000 in gold which Napoleon Bonaparte uses to hire an army for the Napoleonic Wars: the War of the Third Coalition (1805), the War of the Fourth Coalition (1806-7), the War of the Fifth Coalition (1809), the War of the Sixth Coalition (1813), and the War of the Seventh Coalition (1815).

It must be remembered before the industrilization of miitray forces militaries were organized around "foraging" principles. Soldiers extensively interacted with locals to acquire supplies in the conflict zone. As they moved forward they stripped the land to continue the forward march. This is why the Russian scorched earth policy worked in defeating Napoleon.

The Napoleonic Wars have profound consequences for global and European history, leading to the spread of nationalism and liberalism, the rise of the British Empire as the world's premier power, the independence movements in Latin America and the collapse of the Spanish Empire, the fundamental reorganization of German and Italian territories into larger states, and the establishment of radically new methods in warfare. Land warfare after this would become dependent on mechanized travel.

The Bank of England quickly rises to oppose Napoleon Bonaparte and finances every nation in his path profiteering from war. Prussia, Austria, and then finally Russia all go heavily into debt to City of London Money Power. When Napoleon falls, there remained but one grand imperialism in the world - the imperialism of massive capital - the Money Power in the City of London.

1806 Landgrave of Hesse-Cassell, William IX flees to Denmark, leaving 600,000 pounds (about $3,000,000) with Mayer Amschel Bauer for safekeeping when Hesse-Kassel is annexed by the Kingdom of Westphalia, ruled by Jérôme Bonaparte, Napoleon's brother. These funds were to go to the mercenaries or their dependants and not to the Landgrave as the agreement-for-hire did not expire when peace was declared, but only one full year after the peace was declared and only when the mercenaries had returned home.

Instead of the principal being sent to Kassel, the home of the Landgrave, the money was retained in England where it was invested. Interest was paid to the Landgrave in drafts. The money actually transferred to Kassel was then used to provide high interest loans to other needy princes.

This resulted in a tremendous movement of funds in and out of Kassel with substantial income for the Landgrave, who had taken up with the Thurn und Taxis family (Grafschaft Thurn und Taxis, State of the Holy Roman Empire) who held the postal monopoly for all of Europe. The mercenaries, who had done the most to earn the money, got nothing, but the bare promised amounts, as they were not privy to the "private " interest bearing side-agreements done behind their backs.



1811 A bill is put before Congress to renew the charter of the First Bank of the US. The legislatures of both Pennsylvania and Virginia pass resolutions asking Congress to kill the bank. The national press openly attacks the bank: a great swindle; a vulture; a viper; and a coiled cobra.

"Either the application for renewal of the charter is granted,
or the US will find itself involved in a most disastrous war." - Nathan Mayer Rothschild

The renewal bill clears the House of Represenatives by a single vote and becomes deadlocked in the Senate. James Madison, a staunch opponent of the central bank, sends his Vice-President, George Clinton, to break the tie in the Senate which kills the central bank.

1812 The charter for the First Bank of the US is not renewed and the British attack America. As the British are still busy fighting Napoleon Bonaparte they are unable to mount much of an assault and the war ends in 1814 with America undefeated.

The British have too many war fronts! This is the begining of the end of the British Empire!

1810 William Brown establishes William Brown & Co. in England.

1815 British Treasury owes a debt of £ 885,000,000, much due to the compounding of interest, to the Bank of England.

1818 John Alexander Brown establishes John A. Brown and Co. in Philadelphia.

1825 James Brown establishes Brown Brothers & Co. on Pine Street in New York.

1833 Brown Brothers & Co. relocates to Wall Street.

Panic of 1837 Brown Brothers withdraws from the lending business to focus on currency exchange and international trade. During the Civil War Brown Brothers ships carried 75 percent of the slave cotton from the American South to British mill owners.




1861 Moses Taylor, Chairman of the Loan Committee to finance the Union Government in the Civil War, offers the government another $5,000,000 at 12% to continue financing the war by shaving 33% off government treasury bonds. at

Colonel Dick Taylor of Chicago suggested to Abraham Lincoln to get Congress to pass a bill authorizing the printing of full legal tender treasury notes.

When Abraham Lincoln asked Colonel Taylor if the people of the US would accept the notes, Colonel Taylor replied, "The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money, as Congress is given that express right by the Constitution."

"To pay the soldiers the Government issued Treasury notes, authorized by act of Congress, July 17, 1861, for $50,000,000, bearing no interest. These notes circulated at par with gold. The Rothschilds' agents inspired the American banks to offer to Lincoln a loan of up to $150 million. But before they had taken much of the loan, the banks broke down and suspended specie payments in December 1861. They wished to blackmail Lincoln and demanded the 'shaving' of government paper to the extent of 33%, an extortion which was refused. A bill drafted for the Government issue of $150 million, which should be full legal tender for every debt in the US, passed the House of Representatives Feb. 25, 1862, and was hailed with delight by the entire country. But the Wall Street bankers were furious." - Arthur Cherep-Spiridovich


1862 Abraham Lincoln began the printing of $450,000,000 worth of new bills. These bills were printed in green ink on the reverse side, in order to distinguish them from other bills in circulation, and were called, "Greenbacks."

"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of the people. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is in the government's greatest creative opportunity. By the adoption of these principles the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity." - Abraham Lincoln

"If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe." - The Times of London

"Slavery is likely to be abolished by the war power and chattel slavery destroyed. This I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborer, while the European plan led by England is for capital to control labor by controlling wages. This can be done by controlling the money. The great debt must be used as a means to control the volume of money. To accomplish this the BONDS must be used as a banking basis. We are now waiting for the Secretary of the Treasury to make his recommendation to Congress. It will not do to allow the Greenback, as it is called, to circulate as money any length of time, as we cannot control that." - Hazzard Circular sent in 1862 by the Bank of England

1863 Abraham Lincoln, needing further congressional authority to issue more Greenbacks, is forced to accept the "National Banking Act."
National Banking Act specified the entire US money supply would be created out of debt by the national banks buying United States Government Bonds and issuing them as reserves for banknotes. On top of this monopoly, the national banks were allowed to operate under a virtual tax free status. While the North was being financed by the Rothschilds through their American agent, August Belmont, the South was being financed through the Erlangers, Rothschild relatives.

"The agents of the banks fell upon the bill in haste and disfigured it." - Thaddeus Stevens, Chairman of the Committee on Ways and Means of the House of Representatives

"In numerous years following the war, the Federal Government ran a heavy surplus. It could not however pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply." - John Kenneth Galbraith

Czar Alexander II stated Russia would consider active British or French military action a declaration of war and sent part of his Pacific Fleet to San Francisco.

Czar Alexander II, like Otto Von Bismarck in Germany, could clearly see what the soulless central bankers were up to, indeed he had already refused to let them set up a central bank in Russia.

1864Abraham Lincoln is re-elected. On November 21 Abraham Lincoln wrote a friend the following, "The money power preys upon the nations in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy."

Salomon P Chase, now Abraham Lincoln's former Secretary to the Treasury, stated, "My agency in promoting the passage of the National Banking Act was the greatest financial mistake in my life. It has built up a monopoly which affects every interest in the country."

"While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery." - Horace Greeley

"Importers were obliged to go to Wall Street to buy gold to pay duties on their goods, and the Wall Street gamblers held the power to fix the price. Gold went to a premium. Had the greenbacks been permitted to retain their full legal tender quality, there would have been no need for gold to pay import duties. The price of gold rapidly rose and before the war closed had reached the price of $2.85, measured in greenbacks. Thus during the entire war these gold gamblers speculated in gold, making fortunes from the blood and tears of the American people. This 'sacred war debt' was only a gigantic of fraud, concocted by European capitalists and enacted into American law by the aid of American congressmen, who were their paid hirelings or their ignorant dupes." - Mrs M. E. Hobart

1865 Abraham Lincoln is assassinated by John Wilkes Booth, at Ford's Theater. Subsequent allegations that international bankers were responsible for Abraham Lincoln's assassination surfaced in the Canadian House of Commons in 1934.

Gerald G. McGeer obtained evidence deleted from the public record provided to him by Secret Service Agents at the trial of John Wilkes Booth, after Booth's death. Gerald G. McGeer stated that it showed that John Wilkes Booth was a mercenary working for the soulless central bankers.

"They were the men opposed to his national currency program and who had fought him throughout the whole Civil War on his policy of Greenback currency. They were the men interested in the establishment of the Gold Standard and the right of the bankers to manage the currency and credit of every nation in the world. With Abraham Lincoln out of the way they were able to proceed with that plan and did proceed with it in the United States. Within 8 years after Abraham Lincoln's assassination, silver was de-monetized and the Gold Standard system set up in the US." - Gerald G. McGee, Vancouver Sun, May 2, 1934

"It was during the Civil War that the conspirators launched their first concrete efforts. We know that Judah Benjamin, chief advisor of Jefferson Davis, was a Rothschild agent. We also know that there were Rothschild agents planted in Abraham Lincoln's cabinet who tried to sell him into a financial dealing with the House of Rothschild. But old Abe saw through the scheme and bluntly rejected it thereby incurring the undying enmity of the Rothschilds; exactly as the Russian Czar did when he torpedoed their first League of Nations at the Congress in Vienna. Investigation of the assassination of Lincoln revealed that the assassin Booth was a member of a secret conspiratorial group. " - Myron Fagan{}

The soulless central bankers wanted the reinstitution of a central bank under their control and an American currency backed by gold. Gold was chosen as gold had always been relatively scarce, was a lot easier to monopolize , than silver - now plentifully found in huge quantities in Aspen, Caribou, Telluride and Leadville Colorado, Virginia City Nevada and the Calico Mountains of California.

1866 Congress passed the, "Contraction Act," which authorized the Secretary of the Treasury to contract the money supply by retiring some of the Greenback in circulation.

"The hard times which occurred after the Civil War could have been avoided if the Greenback legislation had continued as Abraham Lincoln had intended. Instead there were a series of money panics, what we call recessions, which put pressure on Congress to enact legislation to place the banking system under centralized control. " - Theodore R. Thoren and Richard F. Walker

"The Jews are a class violating every regulation of trade established by the Treasury Department, and also department orders and are herein expelled from the department within 24 hours from receipt of this order." - Ulysses S. Grant (Hiram Ulysses Grant)


Congress passes the "Contraction Act"

The money supply falls as currency is withdrawn from circulation.

1866 - $1,800,000,000 in circulation - approximately $50.46 per capita

1867 - $1,300,000,000 in circulation - approximately $44.00 per capita

1876 - $600,000,000 in circulation - approximately $14.60 per capita

1886 - $400,000,000 in circulation - approximately $6.67 per capita


the road is made of yellow bricks - not silver bricks


federal incorporation

1872 Ernest Seyd is sent to America and given $100,000 to use to bribe as many Congressmen as necessary for the purposes of getting silver demonetized.

Ulysses S. Grant signs the Coinage Act(H. R. 2934 written in 67 sections filling 35 pages of the House Journal on May 27, 1872) which results in the minting of silver dollars being abruptly stopped.

Representative Samuel Hooper, who introduced the bill in the house, admitted Ernest Seyd drafted the legislation. Western mining interests and others who wanted silver in circulation labeled this measure the "Crime of '73."

"I went to America in the winter of 1872 - 1873, authorized to secure, if I could, the passage of a bill demonetizing silver. It was in the interests of those I represented, the governors of the Bank of England, to have it done. By 1873, gold coins were the only form of coin money." - Ernest Seyd

1876 One third of the workforce is unemployed and unrest is growing. There are even calls for a return to Greenback or silver . As a result, Congress creates the US Silver Commission to investigate the problem. This commission states that the deliberate contraction of the money supply created the current "monetary crisis."

"The disaster of the Dark Ages was caused by decreasing money and falling prices. Without money, civilization could not have had a beginning, and with a diminishing supply, it must languish, and unless relieved, finally perish. History records no other such disastrous transition as that from the Roman Empire to the Dark Ages." - US Silver Commission

Despite this report no action is taken.

1877 Rioting breaks out from Pittsburgh to Chicago.

American Bankers Association urges membership to do everything in their power to put down any notion of a return to Greenbacks. The American Bankers Association secretary, James Buel, writes a letter to the members:

"It is advisable to do all in your power to sustain such prominent daily and weekly newspapers, especially the Agricultural and Religious Press, as well as oppose the Greenback issue of paper money and that you will also withhold patronage from all applicants who are not willing to oppose the government issue of money. To repeal the Act creating bank notes, or to restore to circulation issue of money will be to provide the people with money and will therefore seriously affect our individual profits as bankers and lenders. See your Congressman at once and engage him to support our interests that we may control legislation." - Secretary James Buel of the Associated Bankers of New York, Philadelphia, and Boston

1878 Congress passed the "Sherman Law." This law allowed the minting of a limited number of silver dollars, ending the 5 year hiatus. However this did not mean that anyone who brought silver to the US Mint could have it struck into silver dollars, free of charge, as in the period prior to Ernest Seyd's Coinage Act in 1873. Gold backing of the American currency also remains. The Sherman Law ensures that some money begans to flow into the economy again.

1881 James Abram Garfield, Chairman of the Appropriations Committee and a member of Banking and Currency, is elected as the 20th President of the US.

"Whosoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." - James Abram Garfield


James Abram Garfield

James Abram Garfield was shot by the assassin Charles J. Guiteau
on July 2nd boarding a train and died on September 19, 1881.

By 1881, 28 percent of all farms were rented by tenants.

Many tenants eventually no longer had the money to rent.

By 1900 there was 4.5 million farm laborers.


mortgage debt

The farmer is the man
The farmer is the man
Lives on credit till the fall
With the interest rates so high
It's a wonder he don't die
the mortgage man's the one that gets it all
- Populist Movement poem

1891 "We are authorizing our loan officers from the Western States to loan on properties, monies repayable by September 1st, 1894. No fatal date is to exceed this date. On September 1st, 1894, we shall categorically refuse all loan renewals. On that day, we shall demand the repayment of our money, under penalty of foreclosure on collaterals. The mortgaged properties will become ours. (Money will have become scarce beforehand, and the repayments will have become generally impossible.) We'll thus be able to acquire, at a price agreeable to us, two-thirds of the farms west of the Mississippi and thousands more east of this great river. We'll even be able to possess three quarters of the western farms as well as all the money in the country. The farmers will then become land tenants only, just like in England." - confidential banker's leaflet 1891

1892 "Let us make use of the courts. Let us go forward as fast as possible at perceiving debts, at foreclosing (depriving of recourse to justice when a certain time limit has been transgressed) on debentures and mortgages. When, through the law's intervention, the common people shall have lost their homes, they will be more easy to control and more easy to govern, and they shall not be able to resist the strong hand of the government acting in accordance with the orders of the central power of imperial wealth, under the control of the leaders of finance. Our top leaders are perfectly aware of the truth. They are presently working at establishing an imperialism of capital to rule the world. But while they are implementing this plan, they must keep the people busy with political antagonisms." - United States Bankers' Magazine 1892

1893 "The interests of national banks require immediate financial legislation by Congress (the US Government). Silver, silver certificates, and Treasury bonds (that is to say, all the Government's money) must be retired, and National Bank Notes made the only money. This will require the authorization of $500 million to $1 billion of new bonds as the basis of circulation. You will at once retire one-third of your circulation (your paper money) and call in one-half of your loans. Be careful to make a monetary stringency among your patrons, especially among influential businessmen. Advocate an extra session of Congress to repeal the purchasing clause of the Sherman Law, and act with other banks of your city in securing a large petition to Congress for its unconditional repeal per accompanying form. Use personal influence with your Congressmen, and particularly let your wishes be known to your Senators. The future life of national banks depends upon immediate action, as there is an increasing sentiment in favor of government legal-tender notes and silver coinage."- "The Panic Circular", American Bankers' Association 1893

"The year 1893 saw the biggest economic crisis in the country's history. After several decades of wild industrial growth, financial manipulation, uncontrolled speculation and profiteering, it all collapsed: 642 banks failed and 16,000 businesses closed down. Out of the labor force of 15 million, 3 million were unemployed." - Howard Zinn

1894 "Were the Government to establish banks as depositories for all the money in the country it is safe to presume that nearly all the money in the country would come into these banks. We cannot enumerate in an hour all the benefits of government ownership of the banking system but you will recognize the following:

I. Absolute safety of the bank as a place for depositing money.

II. Relief from anxiety to all persons who deposit money in the banks.

III. The inducement for the common people to acquire and save money that they may place it in the bank and get 3 per cent interest on their deposits.

IV. The constant abundance of money in the bank by which any person can always borrow who has security.

V. The absolute impartiality by which the poor can borrow as cheaply as the rich, the man in Idaho borrow as cheaply as the man in New York.

VI. Freedom from broken banks, which precipitate the financial panic, which shut down business, which starves out the laboring man, which compels the poor to sell for what they can get in order to have some- thing to eat.

VII. Freedom from the hard times, resulting from bank failures, in which period the rich take advantage of the poor, who are out of work, to buy that which they are compelled to sell at a quarter of the value.

VIII. Freedom from the distressed conditions from time to time in which the millionaire so rapidly doubles and trebles his fortune.

IX. The abolition of the chattel mortgage shark that gets his 5 per cent a month when banks are fail- ing and money is hidden. X. The abolition of the money broker who gets his living through the simple finding of places where money can be borrowed during the continual period of hard times.

XL The settled financial conditions by which people can know what to depend upon when they en- gage in business.

XII. The immense revenue to the Government - a clear profit over and above all present means of revenue.

XIII. Freedom from the expense borne by people who pay annually hundreds of thousands of dollars to safe manufacturers and the proprietors of safety depositories for the custody of money in these hiding places.

XIV. The convenience and safety from robbery of doing business with checks instead of being compelled to carry and use money in all business, transactions.

XV. The low rate of interest to borrowers by which the money expended in interest can be saved and put into general circulation instead of going into rich money loaner's hands at the great financial centers." - Thomas E. Hill

1895 Supreme Court finds an income tax law similar to the 16th amendment unconstitutional.

1896 The central issue in the Presidential campaign is the issue of more silver money. Senator William Jennings Bryan from Nebraska makes an emotional speech at the Democratic National Convention in Chicago, labeled, "Crown Of Thorns And Cross Of Gold."
"We will answer their demand for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold." - Senator Jennings Bryan

William McKinley favors the gold standard. Manufacturers and industrialists inform their employees that if William Jennings Bryan is elected, all factories and plants would close and there will be no work. William McKinley beats William Jennings Bryan by a small margin.
1898 Spanish–American War ensues.

"On the one hand there is the party which holds the power because it holds the wealth, which has in its grasp all labor and all trade, which manipulates for its own benefit and its own purposes all the sources of supply, and which is powerfully represented in the councils of State itself. On the other side there is the needy and powerless multitude, sore and suffering. Rapacious usury, which, although more than once condemned by the Church, is nevertheless under a different form but with the same guilt, still practiced by avaricious and grasping men ... so that a small number of very rich men have been able to lay upon the masses of the poor a yoke little better than slavery itself." - Pope Leo XIII

The US annexes Guam, the Philippine Islands, Puerto Rico and gains temporary control over Cuba. The Anti-Imperialist League opposed annexation on economic, legal, and moral grounds. Propaganda identifies William McKinley as an imperialist.

1900 William McKinley is re-elected with imperialist foreign policy paramount. William Jennings Bryan did not want war with Spain, opposed the annexation of the Philippines and still campaigned for silver money. William McKinley claimed to want American producers supreme in world markets and after the passage of the Gold Standard Act of 1900 William McKinley easily won re-election. .

1901 Leon Frank Czolgosz assassinates William McKinley. Leon Frank Czolgosz was heavy influenced by the anarchists Emma Goldman and Ovsei Osipovich Berkman who are deported under the Anarchist Exclusion Act of 1903.

1907 Two stock market crashes then occur. In March 1907 and then again in October 1907 with the stock market falling nearly 50% from its peak in 1906. There were numerous runs on banks and trust companies leading to the closings of many banks and businesses.

Shortly before the Panic of 1907 Jacob Hirsch Schiff, the head of Kuhn & Loeb, speaking to the New York Chamber of Commerce:

"Unless we have a central bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history."

John Pierpont Morgan, threatened by the developing trusts, refused to help Knickerbocker Trust which is experiencing a run on deposits because of Charles T. Barney's (Knickerbocker Trust president) connection to Charles Morse and his partners Otto and Augustus Heinze, who had failed in a hostile takeover attempt of United Copper Company.

On October 21 the National Bank of Commerce announced that it would stop accepting cheques for the Knickerbocker Trust and Knickerbocker Trust collapsed.

Next to the front-page article describing the run on the Knickerbocker Trust in the Wednesday, October 23, edition of the New York Times was a headline describing the Trust Company of America, the second largest trust company in New York City, as the current "sore point" in the panic. By attracting attention to the Trust Company of America, the newspaper article greatly exacerbated the serious run on it. This 'sore point' statement was made by George W. Perkins, a senior Morgan partner.

"Oakleigh Thorne testified before a congressional committee that his bank had been subjected to only moderate withdrawals … that he had not applied for help, and that it was the [Morgan's] 'sore point' statement alone that had caused the run on his bank. Morgan interests took advantage of the unsettled conditions during the autumn of 1907 to precipitate the panic, guiding it shrewdly as it progressed so that it would kill off rival banks and consolidate the preeminence of the banks within the Morgan orbit." - Frederick Lewis Allen, Life Magazine April 25, 1949

John Pierpont Morgan then publicly announces he will provide liquidity to the Trust Company of America to stave off collapse. John Pierpont Morgan takes control of many smaller New York banks by manufacturing over $40,000,000 completely reserveless private money (fungible instruments), purchasing goods and services with it while sending some of it to his branch banks to be lent out at interest.

"A study of the panics of 1873, 1893, and 1907 indicates that these panics were the result of the international bankers' operations in London." - Eustace Mullins

"Capital must protect itself in every way. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd." - John Pierpont Morgan




Nelson Wilmarth Aldrich


1908 Theodore Roosevelt signs into law a bill creating the, "National Monetary Commission." This commission is packed with John Pierpont Morgan's friends and cronies included chairman Senator Nelson Wilmarth Aldrich from Rhode Island. Senator Nelson Wilmarth Aldrich represented America's richest banking families from Newport Rhode Island.

Nelson Wilmarth Aldrich's daughter Abby married John D. Rockefeller Jr., and together they had five sons including Nelson who would become Vice President in 1974 and David who would become Head of the Council on Foreign Relations. Nelson Wilmarth Aldrich's son Winthrop Aldrich became chairman of the Chase National Bank.

Following the setting up of this National Monetary Commission, Nelson Wilmarth Aldrich immediately embarks on a 2 year 'fact finding' tour of Europe, where he consulted at length with the central bankers in England, France, and Germany, or rather Rothschild, Rothschild, and Rothschild.

The Rothschild They Murdered

"Finance and the tariff are reserved by Nelson Aldrich as falling within his sole purview and jurisdiction. Mr. Aldrich is endeavoring to devise, through the National Monetary Commission, a banking and currency law. A great many are firmly of the opinion that Mr. Aldrich sums up in his personality the greatest and most sinister menace to the popular welfare of the US." - Harper's Weekly, May 7, 1910

Shortly after Nelson Wilmarth Aldrich return America's most wealthy and powerful men board Nelson Wilmarth Aldrich's private railcar in the strictest secrecy and they journey to Jekyll Island off the coast of Georgia.

In this group is Paul Warburg who has been lobbying for a privately owned central bank in America and Jacob Hirsch Schiff who had purchased control of Kuhn & Loeb shortly after he arrived in America from England.

The Rothschilds, Warburgs and Schiffs are interconnected by marriage. Paul Warburg married Nina Loeb, daughter of Solomon Loeb of Kuhn, Loeb & Company. Felix Warburg married Frieda Schiff, daughter of Jacob Hirsch Schiff.

Frank Vanderlip, President of National City Bank and a representative of the Rockefeller family, confirmed the Jekyll Island trip in a 9th February 1935 edition of the Saturday Evening Post in which he stated, "I was as secretive indeed, as furtive as any conspirator. Discovery we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress."

"In the US today we have in effect two governments. We have the duly constituted Government. Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve system, operating the money powers which are reserved to Congress by the Constitution." - Represenative Wright Patman, Chairman of the House Banking Committee

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This website defines a new perspective with which to engage reality to which its author adheres. The author feels that the falsification of reality outside personal experience has created a populace unable to discern propaganda from reality and that this has been done purposefully by an international corporate cartel through their agents who wish to foist a corrupt version of reality on the human race. Religious intolerance occurs when any group refuses to tolerate religious practices, religious beliefs or persons due to their philosophical ideology. This web site marks the founding of a system of philosophy named The Truth of the Way of Life - a rational gnostic mystery religion based on reason which requires no leap of faith, accepts no tithes, has no supreme leader, no church buildings and in which each and every individual is encouraged to develop a personal relation with the Creator and Sustainer through the pursuit of the knowledge of reality in the hope of curing the spiritual corruption that has enveloped the human spirit. The tenets of The Truth of the Way of Life are spelled out in detail on this web site by the author. Violent acts against individuals due to their religious beliefs in America is considered a "hate crime."

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American social mores and values have declined precipitously over the last century as the corrupt international cartel has garnered more and more power. This power rests in the ability to deceive the populace in general through corporate media by pressing emotional buttons which have been preprogrammed into the population through prior corporate media psychological operations. The results have been the destruction of the family and the destruction of social structures that do not adhere to the corrupt international elites vision of a perfect world. Through distraction and coercion the direction of thought of the bulk of the population has been directed toward solutions proposed by the corrupt international elite that further consolidates their power and which further their purposes.

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