This article is to Inform you of only one
aspect of government and banking that you do not know about.
How you are controlled in this country by private corporations.
This is called fascism and how Mussolini operated in WWII.
We have it here today and the people (slaves in reality)
think it is wonderful. With no real money in the hands of
the people, its all debt, they have no idea what real money
is. Gold standard is a scam devised by bankers way back
in 1788 to put paper money into effect that had no value
unless backed by paper on a par basis. By that I mean a
coin containing a certain amount of silver or gold was the
same value of a paper dollar. The paper dollar could be
exchanged for a dollar of metal coin. Today you cannot do
that because there is no parity and the bankers have seen
to it that it cannot exist so as to unjustly enrich themselves
at your expense.
Fawcet, in a work on Gold and Debt, says: "It is
a trick of capital in all countries to persuade the people
that their honor is at stake in the payment of war debts
at the highest valuation the avarice of the holders may
set on them."
Gold advocates declare that it is dangerous to allow the
gold reserve in the Treasury--created ostensibly to maintain
the parity or equal value of the American dollars-to fall
below $100,000,000. In March, 1894, it dropped below this
amount and in February, 1894, it went down to $65,000,000--at
which time the American paper dollar was bringing a premium.
At this time, as of old, through the past history of bond
issues by the United States, the international bankers and
saviors of the credit of nations appear upon the scene and
enter into a secret contract with the Secretary of the Treasury,
and approved by the President of the United States, whereby,
Morgan, Rothschild, and associates buy $62,000,000 of United
States bonds at about 1041/2 in gold--at which time these
bonds were worth $117.00 in the open market, and a little
later went up to $120.00. The syndicate, therefore, bought
these bonds at about $10,000,000 less than their value and
the American people were saddled with an unnecessary debt,
which they have to pay, principal and interest, through
taxation.
In one of my articles on the e-mail I described how the
real bank of the United States, the Independent Treasury,
was causing fits with these International Bankers. The real
bank of the people of this country was called sub-treasuries
for some strange reason. The international bankers had to
get rid of it because they could not control the money supply
and actually control Congress or the President until they
had complete control. They did in 1921 and I described in
detail how this came about and the result of it and I also
mentioned it in my book The New History of America. So with
that in mind I quote from another book by T. Cushing Daniel,
published in 1924.
"The visit of Morgan in company with Baker, and Assistant
Secretary of State, Robert Bacon, former partner of J.P.
Morgan, was described in
the public press as follows:
"M0RGAN VISITS WHITE H0USE IN OPPOSITION TO GOVERNMENT
BANK
"Washington, D.C., November 22, 1907.--The establishment
of a Central Government Bank has been earnestly discussed
within the Administration circle for the last week.
"Two things have contributed toward making the Administration
favor the plan.
"First, as has been stated, the relief funds released
by the Government have not been handled by the banks in
a way to bring aid to the real business interests of the
country, but rather to build up cash reserve and favor specialized
interests, the real business demands being ignored.
"Second, in the issue of the $100,000,000 certificates
of indebtedness, the banks practically have demanded that
the Government turn the money over to them without recompense
of any sort. The Secretary of the Treasury was compelled
to compromise with the bankers in order to get anything
at all.
"Mr. Cortelyou announced this evening that he purposed
to return to national banks subscribing for the certificates,
as a deposit of public money, 75 per cent. of the cash paid
for them. The remaining 25 per cent. will go for the time
being to strengthen the cash balance of the Treasury.
"The transaction in the certificates of indebtedness
leaves the
Secretary of the Treasury in a ludicrous light as a financier.
Briefly, summed up, it is revealed that for the first time
in the history of the world probably a Government pays interest
on its own deposits in the banks.
"Taking a round million as a basis under the terms
made with the banks, the following transaction takes place:
The banks put up $250,000 and we promptly returned $1,000,000
in certificates of indebtedness exchangeable for currency."
"These certificates of indebtedness carry 3 per cent
interest. The other $750,000 supposed to be put up is promptly
returned to the banks as deposits.
"The purpose of the Treasury as announced by the
Secretary to-day is to leave the money in the banks and
to increase the supply in the banks in every manner possible.
"In order to carry through the arrangement with the
banks in the most expeditious manner, the Secretary and
the banks have completed described and the issuance of bank
note currency may all be accomplished simultaneously.
"The banks will include in their offers for certificates
applications for increased circulation. They will make the
payments for the certificates in cash and securities to
the sub-treasuries, and receive in return, not the certificates
themselves, but bank notes to the full amount of the certificates
purchased."
This last deal with the United States Treasury occurred
less than a month after the Secretary of the Treasury had
given these men the use of $34,033,000 of the money of the
tax-payers of this country, at a critical time during the
panic. This was in addition to over $150,000,000 that had
already been deposited of the people's money in national
banks without interest, and by December 31, 1907, amounted
to $245,556,944. This enormous amount of the people's money
was deposited in these banks, when by the testimony before
the Banking and Currency
Committee of Congress these national-banks were unable to
pay into the United States Treasury the 5 per cent. cash
guarantee to the Government to protect their bank-note circulation.
This brings to mind the one-sided partnership that exists
between the Treasury of the United States and the banks.
Here is a specimen on how the business is carried on by
the fiduciary department of the Government representing
the people, and the present banking system.
"The United States Treasury does queer things. On
August 22, 1907, I personally directed the attention of
Secretary Cortelyou to some $4,000,000 of false entries
made daily at the sub-treasury in New York. These entries
are described in the report on fiscal system (page 76) as
receipts of checks 'converted into cash before final credit
is given in the accounts involved '--that is, checks' are
received from the clearing-house and paid with other checks
sent there for collection, the checks being exchanged or
swapped without handling any money except the difference--but
the amount balanced is falsely entered as gold certificates,
for the most part, with additional entries of United States
notes, silver certificates, fractional silver, nickels,
and
copper to make up the exact sum. My letters to Secretary
Cortelyou detailing falsifications to the amount of $1,279,563,526
for the fiscal year 1906 were printed in the Congressional
Record March 2, 1908, pages 2829-31.
"False entries engender false ideas. The false entries
I complain of are made to conceal the fact that every year
checks aggregating several hundred million dollars are received
at the sub-treasury in New York and paid by balancing accounts.
"In 1907 the Treasury Department had over $250,000,000
of available cash balance on hand or in banks, and $111,000,000
of United States bonds to pay off. By the use of bank deposits
and checks drawn on them the operation would have been as
simple as checking $111 out of $250 deposited. The Treasury
seems to have considered the operation impracticable. Secretary
Cortelyou paid $61,000,000 of the bonds and to pay off $50,000,000
more, instead of using the cash on hand or in banks, borrowed
$50,000,000 to be repaid in 23 years (1930), with $1,000,000
a year interest, that is, the Secretary bound the United
States to pay $23,000,000 before paying the principal, which
was as purely a waste of
$23,000,000 as if it had been stolen.
"JAMES C. Hallock, Washington, D.C."
It can be clearly seen that Congress and the United States
Treasury no longer represent the people. The greatest standing
reflection upon the boasted intelligence of our people is
their thoughtless submission to the present infamous currency
system--money based on debts, Banks of Issue, and gold redemption.
And so it is today with the people believing that somehow
these banks of today are theirs. They believe they are government
banks and Congress has control. Even patriots say why not
audit the banks? That is like saying that the government
should audit your neighbor or they should audit Wal-Mart.
The government cannot audit private concerns period.
The banking industry is private and the federal courts
have so stated as late as 1992. Robert Rubin is Governor
of the International Monetary Fund today which was created
by the private federal reserve bank in 1916. You should
all be aware that the Bank of England owns every federal
reserve bank and affiliates in this country. They cut deals
all the time that you have no idea what is going on. The
deal cut in 1908 is now put before you. It is not in its
entirety but the important parts are included:
"This agreement entered into this 8th day of February,
1895, between
the Secretary of the Treasury of the United States, of the
first part,
and Messrs. August Belmont & Co., of New York, on behalf
of Messrs. N.M. Rothschild & Sons, of London, England,
and themselves, and Messrs. J.P.
Morgan & Co., of New York, on behalf of Messrs. J. P.
Morgan & Co., of
London, and themselves, parties of the second part.
"Witnesseth: Whereas it is provided by the Revised
Statutes of the United States (section 3700) that the Secretary
of the Treasury may purchase coin with any of the bonds
or notes of the United States authorized by law, at such
rates and upon such terms as he may deem advantageous to
the public interests; and the Secretary of the Treasury
now deems that an emergency exists in which the public interests
require that, as hereinafter provided, coin shall be purchased
with the bonds of the United States, of the description
hereinafter mentioned, authorized to be issued under the
act entitled 'An act to provide for the
resumption of specie payments,' approved January 14, 1875,
being bonds of the United States described in an act to
Congress approved July 14, 1870, entitled 'An act to authorize
the refunding of the national debt.'
"Now, therefore, the said parties of the second part[Rothchilds/Morgan]
hereby agree to sell and deliver to the United States 3,500,000
ounces of standard gold coin of the United States, at the
rate of $17.80441 per ounce, payable in United States 4
per cent. thirty-year coupon or registered bonds, said bonds
to' be dated February 1, 1895, and payable at the pleasure
of the United States after thirty years from date, issued
under the acts of Congress of July 14, 1870, January 20,
1871, and January 14, 1876, bearing interest at the rate
of 4 per cent. per annum, payable quarterly.
"First. Such purchase and sale of gold coin being
made on the following conditions:
"(1) At least one-half or all coin deliverable hereinunder
shall be obtained in and shipped from Europe, but the shipments
shall not be required to exceed 300,000 ounces per month,
unless the parties to the second part[Rothchilds /Morgan]
shall consent thereto.
"(2) All deliveries shall be made at any of the subtreasuries
or at any other legal depository of the United States.(1)
"Second. Should the Secretary of the Treasury desire
to offer or sell any bond of the United States on or before
the 1st day of October, 1895, he shall first offer the same
to the parties of the second part;[Rothchilds / Morgan]
but thereafter he shall be free from every such obligation
to the parties of the second part[Rothchilds /Morgan].
.................................................................................................................................
"Fifth. In consideration of the purchase of such coin
the parties
of the second part[Rothchilds /Morgan], and their associates
hereunder assume and will bear all the expense and inevitable
loss of bringing gold from Europe hereunder; and as far
a lies in their power, will exert all financial influence
and will make all legitimate efforts to protect the Treasury
of the United States against the withdrawals of gold pending
the complete performance of this contract.
"In witness whereof the parties hereto set their
hands in five parts this 8th day of February,; 1895.
"J. G. CARLISLE,
"Secretary of the Treasury.
"AUGUST BELMONT & CO. "On behalf of Messrs.
N.M. Rothschild & Sons, London and themselves.
"J. P. MORGAN & CO.
"On behalf of Messrs. J.P. Morgan & Co., London,
and themselves.
"Attest:
"W. E. CURTIS,
" FRANCIS LYNDE STETSON."
In return for a profit of about $10,000,000 these gentlemen
obligate themselves not to raid the gold reserve of the
Government by the use of outstanding credit money until
they complete their contract.
Footnote 1- This would allow the gold to still remain
in the banks as
depositories of the United States.
The only way to stop this private cartel and its private
collection agency, the IRS, is to stop using banks for anything.
Use cash or U.S. Postal Money Orders. Insist that Congress
issue U.S. Notes that are interest free? Not on their dying
bed will they do that because of their contracts are with
the banking system, NOT YOU. Besides, you cannot, by law,
obligate a private contract. If you could, no contract that
you ever made with a friend would ever be safe. No, the
only way will be to use coin which is minted by the government
and not the banking system. Start using Susan B dollars,
quarters, etc., even though these are a fraud upon the people
also, because these have cost the government money to coin
that they cannot afford to stop using.
However, people are so used to plastic and paper checks
that they will still let the banks rape them gleefully.
So it is a folly to think anything will change by the writing
of this article. Just think of the other contracts besides
that of 1908 that have taken place behind closed doors that
you don't know about.
People will have to become so destitute, such as a mass
loss of foreclosures on houses to wake them up. But alas
the bankers will "come to the rescue" and lull
the people into thinking they will be saved by the kind
hearted banker and they will become even further enslaved
by the system. And don't think that for one moment that
the fortune 500 companies don't have a hand in controlling
the people as they are tied totally to the banking system.
Of course these corps and banks control Congress and is
of absolutely no meaning and is a waste of time to go, write
or ask anything from Congress. They could care two tinker's
damn about you. They know which side their bread is buttered
on, everyone of
them and that goes all the way down to local government
as well.
The Informer