How The Jews Have Repaid America and Its People For Giving Them Safe Refuge From A World That Hates Them
Part 8 of 9

Chapter Nine
More Treason

The Republicans at their convention in 1968 included the following plank in their party platform: "Nations hostile to this country will receive no assistance from the U.S. We will not provide aid of any kind to countries which aid and abet the war efforts of North Vietnam."(1)

Republican Presidential candidate Richard Nixon also addressed himself to this plank when he told the American Legion Convention in September, 1968: "There should be no aid or credits of any kind with any country, including the Soviet Union, that aids the enemy in Viet Nam." (2)

Candidate Nixon's campaign literature repeated the Republican Party's concern in this matter. One of his campaign flyers covered this issue: "The United States should not provide anything that could be treated as, or classified as, aid to those {Communist bloc} nations if they persist in trading or aiding the enemy in North Vietnam."(3)

(g) To this we could add Granada, Panama, Desert Storm, Somalia, and now Bosnia. None of these military actions have been for the protection or benefit of the United States, but have poured billions into the pockets of the Shadow Government, while tightening their control over our people and preparing them for the New World Order.

Supporting Pollard: Although former Secretary of Defense Caspar Weinberger said that he should have been executed, so seriously damaging were his activities, convicted spy Jonathan Pollard has widespread support in the Jewish community... Some of the activity on behalf of Pollard includes: The Central Conference of American Rabbis calling upon the entire Reformed Jewish movement to express support for Pollard; on April 15, 1992 a group of rabbis and others participated in a Passover "freedom seder" in front of the maximum security prison where Pollard is held, with one Rabbi, Avi Weiss, referring to Pollard as a "Jewish Political Prisoner;" and a Justice for the Pollards Committee was formed, which portrays Pollard as a victim of a vindictive and "anti-Semitic" Justice Department {which at the time was run by ultra-Zionist Ed Meese}.

U.S. Congressional Record, 76th Congress, Steps Toward British Union, a World State, and International Strife-Part I, Remarks of the Hon. J. Thorkelson of Montana, in the House of Representatives, Monday, August 19, 1940.

Mr. Thorkelson. "Mr. Speaker, in order that the American people may have a clearer understanding of those who over a period of years have been undermining this Republic, in order to return it to the British Empire, I have inserted in the Record a number of articles to prove this point. These articles are entitled ''Steps Toward British Union, a World State, and International Strife.' This is part 1, and in this I include a hope expressed by Mr. Andrew Carnegie, in his book entitled 'Triumphant Democracy.' In this he expresses himself in this manner: 'Let men say what they will, I say that as surely as the sun In the heavens once shone upon Britain and America united, so surely is it one morning to rise, to shine upon, to greet again the reunited states - the British-American Union.'

This statement is clear, and the organizations which Mr. Carnegie endowed have spent millions in order to bring this about. This thing has been made possible by scholarships, exchange professors, subsidies of churches, subsidies of educational institutions; all of them working for the purpose of eliminating Americanism as was taught once in our schools and to gradually exchange this for an English version of our history.

These organizations were organized to bring about a British union, a union In which the United States would again become a part of the British Empire. However, this has been upset to some extent by the attempt of the internationalists to establish their own government as an international or world union. And there is, therefore a conflict between the two, for England wants a British union, with America as a colony, and the international money changers want a Jewish controlled union, in order to establish their own world government.

It is, therefore, best for us to stay out of both of these, in order to save what is left of this Republic as it was given to us in 1787, by a people who knew more about international intrigue and the real problems that confronted the world, than we know today. These early founders not only understood the problems, but in drafting the Constitution they provided an instrument for us to follow, so that we could remain secure from foreign double-dealing and intrigue. Had we adhered to the Constitution as it was given to us, we would have been secure and safe today.

Therefore, it is our duty, in the interest of our people and in the interest of this Republic of the United States, to ponder seriously and to give fullest consideration to solving the problem which now confronts the world. In doing so, I am rather inclined to believe that the real American people will decide without hesitation, to return to those fundamental principles that were set forth In the Constitution of the United States. Let no one tell you that this instrument is not as valuable today as it was in 1787; for the fact is that it is much more valuable today - so much so that complete disintegration of this Republic cannot be avoided should we fail to return our Government to the principles set forth therein.

I shall now quote an article by Andrew Carnegie, which he wrote at the request of the London Express, and which appeared In that paper October 14, 1904, entitled 'Drifting Together. "Drifting Together - Will The United States and Canada Unite?' (Written by request for the London Express, October 14, 1904, by Andrew Carnegie)

Britain and America being now firmly agreed that those who attempted to tax the American Colonies against their protest were wrong, and that in resisting this the colonists vindicated their rights as British citizens and therefore only did their duty, the question arises: Is a separation forced upon one of the parties, and now deeply regretted by the other, to be permanent?

I cannot think so, and crave permission to present some considerations in support of my belief that the future is certain to bring reunion of the separated parts, which will probably come about in this way: Those born north and south of an imaginary line between Canada and the United States, being all Americans, must soon merge. It were as great folly to remain divided as for England and Scotland to have done so.

It is not to be believed that Americans and Canadians will not be warned by Europe, with its divisions armed, not against foreign foes, but against each other. It is the duty of Canadians and Americans to prevent this, and to secure to their continent internal peace under one government, as it were the duty Of Englishmen and Scotsmen to unite under precisely similar conditions. England has 7 times the population of Scotland; the Republic has 14 times that of Canada. Born Canadians and Americans are a common type, indistinguishable one from the other. Nothing is surer in the near future than that they must unite. It were criminal for them to stand apart.

Canada's Destiny: It need not be feared that force will ever be used or required to accomplish this union. It will come; must come, in the natural order of things. Political as well as material bodies obey the law of gravitation. Canada's destiny is to annex the Republic, as Scotland did England, and then, taking the hand of the rebellious big brother and that of the mother, place them in each other's grasp, thus reuniting the then happy family that should never have known separation. To accept this view, the people of the United Kingdom have only to recall the bloody wars upon this island for centuries arising from Scotland and England floating separate flags, and contrast the change today under one flag.

The Canadians and Americans may be trusted to follow the example of the Motherland and have but one flag embracing one whole race in America. Present petty jealousies melt away as the population north and south become in a greater degree born Americans.

Even if this blessed reunion came as early as the end of the next decade, say 16 years hence, Canada and the Republic - the Scotland and England of America - would embrace 115,000,000 of English-speaking people, probably 7,000,000 of these In Canada. By the end of the present decade, 8 years hence, their population will be close to 97,000,000 - 8,000,000 of these in Canada. The Republic added to her numbers the past 14 years more than, the total population of Australasia or than that of Canada, the immigration having been enormous. One of these years it almost reached a million.

Cecil Rhodes: The peaceful union of Canada and America would lead Britain to a serious view of her position, esulting in the conclusion that Cecil Rhodes reached - it will be remembered that he was at first a strong British imperialist. Mr. Stead recounts that Mr. Rhodes went to Lord Rothschild and laid that scheme before him, who replied - This is all very well, if you can get America to join - if not, it amounts to nothing!" This led Mr. Rhodes to a study of the subject, and the result was he saw clearly that Lord Rothschild was right.

British federation would leave Britain as a member of the smaller part of her own race, and out of the main channel of progress; instead of sitting (with race imperialism accomplished) enthroned as the mother among hundreds of millions of her own children, composing all but a fraction of English-speaking men. Hence he abandoned the scheme and thereafter favored race federation, and left to America more scholarships than to all other lands. He saw that it was to the Republic, not to British settlements, his country had to look for the coming reunion of his race, with Britain in her rightful place as parent of all. A few figures will leave no room for dispute about this. In the last decade, 1890- 900, Britain, Canada, Australasia, and New Zealand, combined, added to their population 4,500,000 - America 13,500,000. Canada only added 508,000, the Commonwealth of Australasia only 660,000. In the 4 years since 1900 America added more than the total population of either Canada or Australasia. During the present decade, 1900-1910, at the same rate of increase to date, she will add more than the present total white population of Canada, Australasia, New Zealand, and South Africa combined. So fast does the Republic grow, so slowly the Empire.

Increase of Population: The United Kingdom itself increased last decade more than three times as much as Canada and Australasia combined. It is not to her colonies, therefore, that Britain can look for much increase of population or of trade. The growth of Australasia, small as it was in the last decade, so far as reported in this decade is even less. Canada is growing faster only in the far northwest, which is separated by a thousand miles of barren land from the English-speaking Province of Ontario. Last decade Ontario Province (English) actually declined in British population; Quebec Province (French) slightly increased. The census of 1900 shows fewer British-born residents in all Canada than that of 1890. The wheatfields now reached by rail are being settled by Americans who cross the border, selling their American farms and buying new farms in Canada at one-tenth of the price realized for the old. Except for this influx, about 70,000 so far, the rate of increase in Canada will be about as last decade.

When we come to the population of the United Kingdom, we find already in England and Wales 658 to the square mile. What thoughtful man could wish much further increase, even if it were possible? A denser population must cause deterioration. The density of population in England and Wales is not reached by any European country, except the small state of Belgium. France has only 188, Germany 270 (or one-half), Italy 290. Japan has only 296. The authorities agree that England and Wales are fully populated. Ireland proves that it is so by the small increase. Scotland has increased steadily for some decades, but little scope is left for further increase. Substantially, Ireland and Scotland have today all they can maintain in comfort.

Mark the contrast. America has only 21 people per square mile, one-sixteenth that of the United Kingdom. one for every 26 in England and Wales. These figures include Alaska, which resembles most of Canada, and is not likely to support many people. Excluding Alaska, the American population is 28 per square mile, one-twentieth that of England and Wales. It is evident that Green was right when he wrote years ago that the home of the English-speaking race was not to be on the Clyde and the Thames, but upon the Hudson, the Delaware, Ohio, Mississippi, and St. Lawrence. There is not room for it in the dear old home, but there is, fortunately, in the new lands of her children in Canada and America.

When we note the development Britain has attained industrially, we are amazed. It is wonderful almost beyond belief: we doubt and investigate to assure ourselves that we have the facts. This little kingdom has today more shipping, and about as many spindles turning as all the rest of the world. She is the richest of all nations per capita. She makes more iron and mines more coal per capita than any nation. Marvelous! Nothing comparable to her in history! She positively dwarfs all previous records - a dwarf more powerful than most giants. Who is there, then, who can expect her to do more, what she has accomplished being scarcely credible?

Physically Impossible: It is physically impossible that much further Increase can come to Britain, and in addition to this, conditions otherwise are unfavorable to further development. Other nations by the use of her inventions, are more and more supplying their own wants, and will continue to do so. They will also compete with her more and more, especially in iron and steel, and in cotton manufactures, owing to her lack of the cotton plantations and of needed iron stone. If Britain succeeds in maintaining present production in these fields great will be the credit due to her captains of industry. As with population, therefore, so with industrials - much increase is impossible.

This is the age of consolidation, industrially and nationally. Consider the recent consolidation of Italy and the more recent consolidation and rapid growth of the German Empire. Who can imagine that the process has stopped? On the contrary, we are on the eve of further consolidations in Europe of great extent. The successes of the American Republic, 45 States consolidated into one Union,, with free trade over all, and that of Germany with its Zallverein, are too significant to pass unheeded.

The day of small nations is passing. Their incorporation with larger areas is to be hailed by lovers of progress, provided always that one point be carefully preserved. The national sentiment of the small powers should not only be guarded, but fostered in every way, so that, as in the American Union and in Britain, the Virginian and the Scotsman remain as intensely Virginian or Scotch as ever. Pride in and loyalty to the wider empire do not supplant but supplement love of the part where he was born. He loves the part and is proud of the whole.

What will Britain do? The day is coming when Britain will have to decide on one of three courses. First, shall she sink - comparatively to the giant consolidations into a third- or fourth-rate power, a Holland or Belgium comparatively? Here note that we do not postulate her actual decline, but the increased growth of other powers. Or second, shall she consolidate with a European giant? Or, third, shall she grasp the outstretched hand of her children in America and become again as she was before, the mother member of the English-speaking race?

Assuming that other powers are to increase their present population (as Germany and Russia have yet room to do), or by further consolidation, it being evident that there is not room in the 120,000 square miles of the little, crowded United Kingdom for further increase of moment, then the conclusion is inevitable that one of these three courses is the only possible alternative, for Britain has no adjoining territory she can annex.

Some have been disposed to regard British federation as a possible fourth alternative, but the figures given, which convinced Rothschild and Rhodes, we submit, compel its exclusion, especially to such as seek for my motherland, as I do, a destiny worthy of her - a future commensurate with her glorious and unparalleled past. Let us rejoice that this is open. Her Canadian and republican children across the Atlantic will hail the day she takes her rightful place in the high council of her reunited race - that race whose destiny, I believe with faith unshaken, is to dominate the world for the good of the world." (4) (Andrew Carnegie)

According to writer Allan C. Brownfeld, the above is only a portion of the support that a traitor to the United States is receiving in Jewish circles. It was reported on April 17, 1994, p. 2, of the Herald Journal, Logan, Utah that J. Robert Openheimer {a Jew} and other U.S. scientists gave the Soviets information on their efforts to build the first atom bomb, a retired Russian spy said in his memoirs quoted in Time Magazine.

The information passed on during World War II "significantly altered the direction of Soviet nuclear research," says Pavel Anatolievich Sudoplatov, who plotted the assassination of Leon Trotsky for Josef Stalin. Excerpts from "Special Tasks: The Memoirs of an Unwanted Witness a Soviet Spymaster" appear in the April 25 issue of Time Magazine.

Sudoplatov writes that members of the American science team who shared information with the Soviets included Nobel laureate Enrico Fermi and Neils Bohr {both Jews}, who worked with Oppenheimer on the Manhattan Project. Sudoplatov also had moles working in the Manhattan Project labs in Los Alamos, N.M., Oak Ridge, Tenn., and Chicago, he said.

19). The Jewish state of Israel, demanded and obtained forgiveness for billions of dollars they had received in loans and loan guarantees they had received in the '60s, '70s, and early '80s.

20). In 1991, the Jews were finally successful in tricking America into destroying one of their most feared enemies, Iraq. America had no interest in fighting Iraq but due to the Jewish controlled press, the people of the United States were convinced that Iraq was America's enemy.

"Why should we believe in God? We [Jews] Hate Christianity and Christians. Even the best of them must be regarded as our worst enemies. They preach love of one's neighbor, and pity, which is contrary to our principles. Christian love is a hindrance to the revolution. Down with love of one's neighbor; what we want is hatred. We must know how to hate, for only at this price can we conquer the universe...The fight should also be developed in the Moslem and Catholic countries, with the same ends in view and by the same means."(5); "One of the finest things ever done by the mob was the Crucifixion of Christ. Intellectually it was a splendid gesture. But trust the mob to bungle the job. If I'd had charge of executing Christ, I'd have handled it differently. You see, what I'd have done was had him shipped to Rome and fed him to the Lions. They could never have made A Savior out of mincemeat!"(6); "Judaism and Christianity are two worlds, Between you Christians and us Jews there lies an unbridgeable gulf...There are two life forces in the world: Jewish and non-Jewish...I do not believe that this primal difference between Christians and Jews is reconcilable...The difference between us is abysmal...You might say: 'Well, let us exist side by side and tolerate each other. We will not attack your morality, nor you ours.' But the misfortune is that the two are not merely different; they are opposed in mortal enmity. No man can accept both, or, accepting either, do otherwise than despise the other."(7)

International gangsters close entire factories [11 automobile plants were closed by General Motors in November 1987, putting thousands out of work - then General Motors opened NEW plants in Mexico and is now importing cars into the United States, where is the union? For it was strangely quiet; while all this is going on the closed automobile factories are being made unfit for making defensive war equipment and their previous workers are left to subsist on food stamps and other welfare programs].

God is being trampled. Men are perishing from and by decrees from company board-rooms where the destruction of Christian America is being planed and carried out; morality is ridiculed and mocked, while honest citizens have become a laughingstock. The J.D.L. [Jewish Defense League], A.D.L [Anti-Defamation League of B'nai B'rith] have put America, Germany and the Western World on a mind-depressing guilt trip with their constant barrage of deception and lies.

21). In December 1992 the ADL [Anti-Defamation League of B'nai B'rith] were caught red-handed and were exposed acting as a "Secret Police Force!" The Anti-Defamation League of B'nai B'rith (ADL) has long been suspected of subversive, criminal and illegal activities. However, up to this time, solid evidence had been minimal. Now Americans are confronted with the evidence, "A national police force, operating above the law, not only in one or two locations, but across the entire country!" It has been discovered that the ADL operates more than 42 regional offices across the United States, in addition to offices in Jerusalem, Paris, Rome and Ontario, Canada. In addition to that, they have a national office at 823 United Nations Plaza, New York City. Testimony has been taken stating that ADL offices across the United State are involved in illegal criminal activity. It has been reported that illegal files were collected and kept on more than 12-million Americans, with more than 12,000 in the San Francisco area alone. What's more, the files were illegally obtained by Bribing police officials in both San Francisco and Los Angels.

"We know the powers that are defying the people...Our Government is in the hands of pirates. All the power of politics, and of Congress, and of the administration is under the control of the moneyed interests... The adversary has the force of capital, thousands of millions of which are in his hand...He will grasp the knife of law, which he has so often wielded in his interest. He will lay hold of his forces in the legislature. He will make use of his forces in the press, which are always waiting for the wink, which is as good as a nod to a blind horse...Political rings are managed by skillful and unscrupulous political gamblers, who possess the 'machine' by which the populace are at once controlled and crushed." (8)

Court documents released in March (1993) by the San Francisco District Attorney showed the ADL paid a full-time informer $170,000, between 1985 and 1993, for spying on over 10,000 people and 500 political and ethnic groups. The avowed goal of the ADL, American Jewish Congress and other Jewish organizations is as follows:

They were instrumental in the passage of the Geneva Law which established a National Bankruptcy Contract under "Silent Judicial Notice" to include all U.S. citizens in a fraudulent Social Security scheme, previously declared illegal under the law of nations.

Passage of H.J. Res. 192 which removed the U.S.A. from the Gold standard and made it impossible for the Nation to "pay" its debts. Set up a Credit Commune with "limited liability." "Taxation without Representation" exacted by U.S. officials as an extortion payment to the Federal Reserve (a private Jewish banking syndicate) and other agencies of the U.N., a front organization for the World's Ruling Elite. In other words paying: Tribute.

Utilization of taxpayer-supported agencies such as OPIC and AID to export American resources overseas in an expatriation of jobs and industries.

Regionalization of 30 of the 50 states by removing boundary descriptions from the State Constitutions - a Destruction of State and National Boundaries.

The signing of International trade agreements such as GATT (General Agreement on Trade and Tariffs) and NAFTA (North American Free Trade Agreement) to destroy "Nontariff Trade Barriers" and create an economic merger among Pan American Countries. And is doomed to fail.

A Welfare State Immigration policy that attracts non-contributing un-desirables to destroy the Standard of Living and provide a future inducement toward a communist type revolution and slavery for all American citizens - especially the promotion of crime and slave labor through alien immigration against Christians.

In this speech, Congressman McFadden exposes the actual mechanics of the theft of America's gold by the international bankers, just as predicted many years beforehand in The Protocols Of The Learned Elders Of Zion.

U. S. Congressional Record, Wednesday, January 24, 1934, "Franklin D. Roosevelt, The Apostle of Irredeemable Paper Money."

Mr. McFadden. "Mr. Chairman, a citizen of the United States has asked me to explain for his benefit and for the benefit of other United States citizens the real meaning of the Roosevelt gold bill, the bill which the House passed last Saturday by 360 votes to 40, with 32 Members not voting.

Mr. Chairman, a law against the Constitution is void. The gold bill creates a nullity. Old John Marshall said that the words of the Constitution are not to be twisted out of their plain, everyday meaning. The Constitution says Congress shall have power to coin money and to regulate the value thereof. This, Mr. Chairman, means that Congress has power to make coins of metal and to stamp the true value upon each one of them. It does not mean that Congress shall refuse to furnish the people of the United States with an adequate coinage, and it does not mean that a theoretical amount of uncoined metal shall be called a coin. A coin is an object which may be seen and felt and even heard if one tests the ring of it.

Mr. Chairman, the gold bill attempts to cut out, delete, and destroy that part of our great written Constitution pertaining to the power of Congress to coin money and to regulate; that is, to stamp on the metal coin the value thereof. The bill is unconstitutional on its face because it seeks to nullify the Constitution. Moreover, it is a bill which is contrary to the common law and to the law of custom upon which the common law rests. It attempts to legalize robbery. It attempts by force to deprive the people of the United States of their right to the currency of the Constitution. It gives the international bankers power to send the gold belonging to the people of the United States to a place of deposit reserved to themselves in Europe. Mr. Chairman, the gold bill cannot become a valid law by any constitutional means.

Now, Mr. Chairman, let us look at the bill to see if the legal hirelings of the Bank of England and their agents, the Federal Reserve Board and the Federal Reserve banks, have been able to disguise its purpose. Let us see if they were able to clothe the grisly skeleton of their greed with echoes of glib religiosity, moral precepts, economic jargon, and shop-worn tags of speech, according to the fashion set by the present administration. The first thing that meets my eye is the title. We read: 'A bill to protect the currency system of the United States, to provide for a better use of the monetary gold stock of the United States, and for other purposes.'

It is indeed a bill to protect the present currency system of the United States, but it is a bill to protect it from the just wrath of United States citizens. It is a bill to save for the Federal Reserve Board and the Federal Reserve banks their gigantic monopoly of a special paper currency which they steal from the Treasury and upon which they charge the people of the United States a heavy toll of interest. It is indeed a bill to provide for a better use of the monetary gold stock of the United States if better use means the issuance of two sets of obligations against one piece of security. It is indeed a bill for 'other purposes,' and those are purposes which the proponents dare not mention.

Among the purposes of the gold bill not mentioned in the title is that of pretending to take into the Treasury the gold now held by the Federal Reserve Board and the Federal Reserve banks and a great effort has been made to have it appear that the Federal Reserve banks are unwilling to surrender the gold they now hold to the United States Treasury. This effort is dishonest for two reasons. First, the Federal Reserve Board and the Federal Reserve banks have already made a profit of some billions of dollars out of the President's gold seizures and those billions were stolen from the people of the United States; and, second, the transfer is fictitious. The President sought to convince Members of Congress that the Federal Reserve banks were resisting his efforts to have the Treasury take possession of the gold, but one of the members of the Federal Reserve Board spoiled that argument by declaring that the Federal Reserve Board has asked the President to have the Treasury take the gold.

You see, Mr. Chairman, under this bill the United States Treasury has to pay for the gold. Although the gold belongs to the people and was taken away from their bank deposits and their cash registers and their pocketbooks in the first place and put into the Federal Reserve banks, and although the Federal Reserve banks tricked and fooled the people into giving it to them for Federal Reserve currency, which they now refuse to redeem, and although that gold does not belong to the Federal Reserve Board and the Federal Reserve banks, the United States Treasury has to pay the Federal Reserve Board and the Federal Reserve banks for it. Well, how does this bill propose to pay the Federal Reserve outfit, how does this bill provide that the Government shall take over the stolen goods? It provides that the United States Government shall give the Federal Reserve Board and the Federal Reserve banks new gold certificates to the full value of the loot. The gold certificates will give the Federal Reserve Board and the Federal Reserve banks legal title to the gold, and the United States Treasury will be nothing more than its physical custodian. The Secretary of the Treasury will give the Federal Reserve banks gold for their new gold certificates whenever they ask for it. It is a fraudulent transfer.

When the individual citizens of the United States were required to surrender their gold they were required to surrender their gold certificates as well as their gold coin and bullion. The Federal Reserve Board and the Federal Reserve banks are private corporations, but they did not obey the gold orders. They did not surrender any gold coin, gold certificates, or gold bullion. On the contrary, the gold which was commandeered from the people was given to them as a free gift, and now, after they have taken into their possession all the gold belonging to the people they are ready to make a pretended transfer of that gold to the Government. Evidently there is law for the common man and no law for the Federal Reserve Board and the Federal Reserve banks. The common man must toe the mark, but the Federal Reserve Board and the Federal Reserve banks are the agents of the Bank of England, and the law, it seems, does not apply to them. Many of the officials of the Federal Reserve outfit have had charges of impeachment brought against them, but those charges have not been investigated.

The Federal Reserve outfit now has in its possession gold coin, gold certificates, and gold bullion. But this bill does not require them to surrender their present holdings of gold certificates. After this bill becomes law, if such a catastrophe should occur, the Federal Reserve Board and the Federal Reserve banks will still hold their present gold certificates. They may exchange those gold certificates for gold between the time this bill becomes law and the day the President makes his proposed devaluation proclamation. Is not this gift of over $1,000,000,000 in gold a great treasure to bestow upon the Federal Reserve Board and the Federal Reserve banks - the corrupt and sinister organization which has bankrupted the country? Does this not make favorites of the financial crooks who control it?

Mr. Chairman, all the gold in the possession of the Federal Reserve Board and the Federal Reserve banks belongs to the people of the United States. During the last 20 years, under the vicious Federal Reserve Act, they have taken it from the people in exchange for Federal Reserve currency and it has not cost them one penny. Now they come forward to make a pretended transfer of the people's gold coin and bullion to the United States Treasury. Not one penny of the gold they pretend to transfer to the United States Treasury is owned by them; every dollar of it belongs to the individual citizens of the United States. The United States Treasury is to buy it on credit and to pay for it with new gold certificates. How does this transfer title to the United States Treasury? Can the Congress lend itself to such a transaction?

Last May I stated that, in my opinion, the people's gold, unjustly impounded in the Federal Reserve banks, should be placed in the people's Treasury, but I did not state that it should be placed there as the property of the Federal Reserve Board and the Federal Reserve banks, to be withdrawn by them with gold certificates and to be made exportable from the United States Treasury to the Bank for International Settlements in Europe. What this bill proposes to do in connection with the President's message suggesting that this United States gold may be sent to Europe to be kept in the Bank for International Settlements with the loot of the central banks of other countries is one of the greatest fiscal frauds in history. It is one of the biggest swindles of all time.

Again, Mr. Chairman, as you very well know, the Federal Reserve Board and the Federal Reserve banks had paper currency outstanding to the extent of about $5,000,000,000 when the present administration came into power. That currency was redeemable in gold. It constituted the people's title to all the gold held by the Federal Reserve outfit. It constituted a first and paramount lien on all the assets of the Federal Reserve Board and the Federal Reserve banks. Instead of taking over the gold and the assets of the Federal Reserve Board and the Federal Reserve banks, including the great hoard of United States wealth which they have hidden in foreign countries, and honestly administering those assets for the benefit of the people who had been defrauded by the Federal Reserve Board and the Federal Reserve banks, the President of the United States unlawfully relieved the Federal Reserve Board and the Federal Reserve banks from their legal liability to redeem their Federal Reserve currency in gold, or in lawful money convertible into gold, and from the surrender of all their assets.

Every dollar that was unlawfully taken from the people of the United States by Roosevelt's gold order was given to the Federal Reserve Board and the Federal Reserve banks in preparation for this great steal, this wholesale robbery of the masses for the benefit of the privileged few. And now that American citizens have lost their gold, an entirely fictitious transfer has been arranged to deceive the people. Mr. Chairman, the President may underrate the mental capacity of the American people as much as he likes, but I venture to say there is no man in the United States so dumb that he cannot understand how this bill tricks and deceives him.

The Federal Reserve Board and the Federal Reserve banks have profited to the extent of $5,000,000,000 or more by being released from their obligation to redeem their outstanding $5,000,000,000 of paper Federal Reserve currency in gold. They have profited by having had over a billion dollars in gold certificates saved to them. They have profited during the last 20 years by the criminality of the Federal Reserve Board, which never charged them one penny in interest on the great mass of Federal Reserve currency they have taken from the Government. They have profited from their own wrongdoing by the unlawful creation of fictitious claims against the United States Government and the giving of those claims to foreigners, and they have profited by their control of all the public revenues. And now they come forward with a scheme to sell the gold they have taken from the American people to the Treasury for new gold certificates which will give them a legal title to that gold and permit them to do as they please with it. An era of corruption is culminating in one of the greatest crimes that has ever been perpetrated against the people. Mark my words, Mr. Chairman, there will be trouble here if this bill becomes law.

Why, Mr. Chairman, this fiscal fraud, this crime is so stupendous that the instigators and manipulators of it did not dare to have all the transactions performed by one man. Each man did his part and then got out of Washington pretending that he disagreed with the President's money policy or pretending that he was ill. William H. Woodin, who sat beside Albert H. Wiggin on the board of the Federal Reserve Bank of New York and who acquiesced in and helped to perpetrate the financial misdeeds which bankrupted the country, is now hiding in a western sanitarium. Dr. Sprague, the tool of the international bankers and an employee of the Bank of England, was, in my opinion, put into the Treasury to resign at a certain time and to create uncertainty in the minds of the people by the manner of his going and his subsequent articles pleading for sound money. Mr. Chairman, all the bickering and the resignations and the artful propaganda that has been thrown around the monetary policy of Franklin D. Roosevelt cannot disguise the fact that he was selected by the international bankers to carry on the work they started with the great depression; that is, the pauperization of the masses and the seizure of American property for their own use and benefit, and that he has lent himself to their schemes by unconstitutionally demanding and assuming the dictatorial powers which will enable him to carry them out.

Another purpose of this bill not mentioned in the title is the transference of a very large quantity of United States gold to the Bank for International Settlements. One of the chief objects of the gold policy of the present administration is the sending of gold taken by force from its lawful American owners to the Bank for International Settlements in Europe, where it will be kept with the property of the central banks of the world. According to the Hague convention, under which the Bank for International Settlements was formed, gold deposited in the vaults of the Blank for International Settlements is safe from seizure.

Our gold, when it goes there, will certainly be safe from seizure by the United States. The Bank for International Settlements is dominated by the Bank of England. It is not on American soil. It is in Europe. American gold, therefore, will be kept in Europe. It will be placed where none of the wage slaves of the United States will ever be able to acquire any of it. It will be the capital and means of oppression of that international superstate, that financial superstate, which has been after Uncle Sam's gold money ever since the wealth of this country attracted the attention of greedy European bankers and brought them flocking over here to set up the suction pumps of the Federal Reserve Board and the Federal Reserve banks.

The Bank for International Settlements is an international bankers' bank. It is a central bank of central banks. The international bankers, who brought about the depression, have been drawing gold to themselves from the common people of every land. It is their intention to use that gold for their own purposes. They propose two kinds of money; Gold, the real money, is what they intend to have for themselves, and paper money, which has no intrinsic value in itself, and which is made out of nothing and is worth nothing unless it can be redeemed by the holder in gold; that is for the common people, or, as they call us, the peasants.

George Washington said: 'I never have heard, and I hope I never shall hear, any serious mention of a paper emission in this State; yet such a thing may be in agitation. Ignorance and design are productive of much mischief. The former is the tool of the latter, and is often set at work suddenly and unexpectedly.'

While he was here in Congress, Daniel Webster, in 1832, made the following statement: 'Of all the contrivances for cheating the laboring classes of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow. Ordinary tyranny, oppression, excessive taxation - these bear lightly on the happiness of the mass of the community compared with fraudulent currencies and the robberies committed by depreciated paper. Our own history has recorded for our instruction enough, and more than enough, of the demoralizing tendency, the injustice, and the intolerable oppression, on the virtuous and well disposed, of a degraded paper currency, authorized by law, or in any way countenanced by government.'

Franklin D. Roosevelt, the high priest of repudiation, the apostle of irredeemable paper money, and the man who intends to send United States gold out of the United States to a place where no American citizen can claim it, this Franklin D. Roosevelt characterizes all those who do not agree with his monetary policy as mules. If that is true, what an awful mule President Wilson must have been. Concerning Andrew Jackson, Wilson said: 'He had no idea of allowing the country to undertake the fatal experiment of an irredeemable paper currency.'

This is the fatal experiment Franklin D. Roosevelt has undertaken. This is a part of his policy of 'bold experimentation.' Not long ago he told the people at Savannah that George Washington, like himself, was an experimenter. Mr. Chairman, there are no points of remembrance between George Washington and Franklin D. Roosevelt, experimental or otherwise. George Washington did not take orders from money changers. He did not rob the people of their gold. George Washington abhorred dishonor in all its forms. He would have died before he would have violated his oath of office or tampered with the Constitution of the United States in the manner of Franklin D. Roosevelt.

In 1837 the New York Herald described the crime of suspending payments in specie, that is, in gold or silver, on demand, as follows: 'The general suspension of specie payments is a terrible fraud upon the community that will end in destruction to all concerned. This fraud is heightened into crime of the deepest dye, from the fact that it is done to send gold and silver to England by the actual plunder, at the point of the bayonet, of the great mass of the people here ...Such an act is a phenomenon in the annals of crime, without a parallel in the history of tyranny, violence, or bad government, from the remotest ages of the world down to the present day.'

Now, Mr. Chairman, let us hear the true purpose of the $2,000,000,000 fund which this bill proposes to set up. I quote from the prophecies of Henry Morgenthau, Mr. Baruch's Secretary of the United States Treasury, as shown by the following article which appeared in the Washington Times of January 16, 1934: 'Treasury sees United States need of Blue Chips; When you play poker you want just as many blue chips as the other fellow.' That, in a man's language, was the gist of Secretary Morgenthau's summing up of the Roosevelt proposal for a $2,000,000,000 stabilization fund to protect the currency of the United States.

In other words, the American Government is engaged in probably the greatest gamble of all time. The stake is the credit of the United States. To Equal British: When asked why a figure of $2,000 millions for the stabilization fund had been asked, Morgenthau said: 'e figured we might need an amount substantially equal to the British stabilization fund. We want every piece of machinery the other countries have. We want to be in a position to buy gold and to sell gold.' The 2,000-million stabilization fund will be derived from the Government's profit on the debasing of the value of the dollar to from 50 to 60 percent of the normal valuation.

Fund From Profits: If the debasement is 50 percent, the profit to the Government will be $4,00O,00O,000 in round numbers. A 60-cent dollar will mean about 2,666 millions in profits. Out of these profits will come the stabilization fund to be administered by the Secretary of the Treasury, the remainder being available for any Government expenditure. Morgenthau said: 'It is possible that the mere existence of the fund will be sufficient to carry out the law which requires that the Secretary of the Treasury maintain all lawful money of the Government on parity with gold.'

The Secretary of the Treasury is charged with the responsibility of administration of the fund to carry out that purpose. If any particular type of currency issued - United States notes, for instance - should become depreciated in value, the Treasury would go into the market and buy a sufficient quantity of that currency to maintain its parity. Operations in the foreign markets to protect possible depreciation of the dollar would be similar.

Let this quotation from Morgenthau go down into history. Long from now some curious investigator of the present age of witchcraft and magic in the White House may unearth it and reconstruct the financial history of the 'new deal' from it, as science from a single part reconstructs the entire animal.

Mr. Chairman, it is not the gambler's voice in Mr. Morgenthau's confession which most deserves political attention. We are becoming accustomed here to gambling terms as they are employed by the executive branch of the Government, and we can well understand that the Executive and his favorites must of necessity speak the lingo of their kind. This is a gambler's administration, and all the 'big shot' gamblers are here to revel in it. Mr. Roosevelt does not deny his gambling propensities. He is a 'new dealer.' He is 'on his way,' but he 'doesn't know where he is going.' He is for a policy of 'bold experimentation,' just as Samuel Insull was for a policy of bold experimentation. He has not been Ben Smith's patron all these years for nothing. But, Mr. Chairman, there is something apart from the vice of gambling to be observed in Mr. Morgenthau's utterance, and that is its entire untruthfulness. He would have us believe that the United States is on one side of the fence and Great Britain on the other. That, of course, is not the case. The United States has been placed in a position of financial servitude to Great Britain, and Mr. Morgenthau's loud-sounding propaganda is designed to conceal that fact from the people. Great pains have been taken to conceal it. It would be very damaging to this administration if certain people in the United States should find out about the great sums of United States money which have been sent to England during the past summer. Those funds were appropriated by Congress for the people of the United States.

Mr. Chairman, why should tax money paid by American citizens be sent to London? When England makes her periodical gesture of insult toward the United States by paying a small installment on the war debt she owes us, she pays us in debased coins, in 'token' coins, to be exact. But when Mr. Roosevelt sends American money to England he sends it in gold or its equivalent. When Mr. Morgenthau obtains his 'kitty,' for this, I have been told, is what he called the proposed stabilization fund at the White House a week ago last Sunday evening, American funds will be fed to Europe more expeditiously and with less secrecy than such operations now require. If Congress puts the people's property into a 'kitty,' someone, if he cannot be the knight of the bedchamber, can at least pose before royalty as the knight of the 'kitty.'

Mr. Chairman, understanding that Henry Morgenthau is related by marriage to Herbert Lehman, Jewish Governor of the State of New York, and is related by marriage or otherwise to the Seligmans, of the international Jewish firm of J. & W. Seligman, who were publicly shown before a Senate committee of investigation to have offered a bribe to a foreign government; and to the Lewissohns, a firm of Jewish inter-national bankers; and to the Warburgs, whose operations through Kuhn, Loeb & Co., the International Acceptance Bank, and the Bank of Manhattan Co. and other foreign and domestic institutions under their control, have drained billions of dollars out of the United States Treasury and the bank deposits belonging to United States citizens; and to the Strauses, proprietors of R. H. Macy & Co., of New York, which is an outlet for foreign goods dumped upon this country at the expense of the United States Government, which is compelled to issue paper money on the said foreign goods of the Strauses; and that Mr. Morgenthau is likewise related or otherwise connected with various other members of the Jewish banking community of New York and London, Amsterdam, and other foreign financial centers, and that he has as his assistant, presiding over public funds, Earle Bailie, a member of the firm of J. & W. Seligman, bribe givers as aforesaid, it seems to me that Henry Morgenthau's presence in the United States Treasury and the request that Congress now give him a $2 Billion 'kitty' of the people's money for gambling purposes is a striking confirmation of the statement made by me on the floor of the House on May 29, 1933. (See pages 385 thru 388)

Mr. Chairman, do you not see in this 'kitty' bill the identical features outlined in the Protocols of Zion? Do you not see the Protocols of Zion manifested in the appointment of Henry Morgenthau as Secretary of the Treasury? It is not by accident, is it, that a representative and a relative of the money Jews of Wall Street and foreign parts has been so elevated?

Why, Mr. Chairman, this 'kitty' bill takes the hitherto obscure young Henry Morgenthau and makes of him a central bank of the United States. It makes of him a central bank, an institution which Jefferson declared is one of deadly hostility to the free institutions of the United States. It exalts him above all other men. Under the powers to be granted him, his conduct is not subject to review or control by any other officer of the United States Government, not even the President.

What this 'kitty' bill really does is to slide into the hands of Henry Morgenthau the emergency powers which Congress granted to the President. Those powers will not lapse. Instead, they are being slyly and dishonestly transferred to the bankers and after the bankers, in the person of Henry Morgenthau, have exercised them long enough to get the gold of the United States into their exclusive possession and to transfer it to their den of thieves, the Bank for International Settlements, Congress may take back its constitutional power over the currency, but it will have nothing left to exercise it on. The monetary gold of the people of the United States will, like the sons of the people, be buried in a foreign field.

Mr. Chairman, if you, as one of the party in power, are thinking of remaking the world so that the old America we knew and loved is to be no more; if you are one of those who is countenancing the placing of this country under the British Crown and the pooling of all American resources with those of England and Soviet Russia; if you are one of those to whom a title of nobility appears to be more desirable than plain citizenship in the Republic founded by George Washington, I trust that you will some day descend from the Speaker's chair and let us know the reasons for your preference. If, on the other hand, you are not what these words depict, I trust that you will come down to the floor, and tell us how constitutional government is to be maintained in this country if the plutocratic managers of the Democratic Party continue their efforts to destroy it. You, if anyone, should be able to give the people of the United States an answer to this question.

Under this administration the result of the American Revolution has been reversed. The United States has become an economic vassal of Great Britain. The once proud Republic of the United States with its great charter of human freedom, the Declaration of Independence, and its written Constitution, which had kept it free and independent for over 140 years, and its flag first made by the hands of Betsy Ross in Philadelphia, and its national anthem, born within earshot of the British guns that shelled Fort McHenry - all these, like the American dollar, were brought down from their high estate. 'Oh, say, can you see by the dawn's early light, What so proudly we hailed at the twilight's last gleaming?'

Mr. Chairman, you know very well that you cannot see that flag there as it used to be. Others started very cautiously to pull it down. But it was Franklin D. Roosevelt, in his unlawful and unconstitutional assumption of dictatorial powers, who finally lowered it and tore it from its standard." (9)

Systematic looting of the Nation's wealth which is considered by the Jews as - A Disposition of the spoils of war. They are doing this through international corporate pirates and banking privateers under Admiralty's "Questions of Prize." Privatization of the Nation's infrastructure through sale of Public Assets to foreign principals which was established by Presidential Executive Order No. 12803 (1992).

Draconian federal forfeiture laws that violate our civil and constitutional rights on the pretext of a phony "War on Drugs."Bankruptcy and Emergency Powers such as the International Economic Emergencies Act, Title 50 U.S.C. 1701-1706, are used improperly by Jewish sponsored government operatives to justify military "hits" upon political dissenters who are arbitrarily labeled as enemies of the "New World Order" (i.e., Randy Weaver, David Koresh) in an obvious; Siege mentality in a Police State as we witnessed in Idaho and Waco, Texas. Secretary of the Treasury as an employee of the International Monetary Fund (IMF, a Jewish owned independent foreign corporation) and "Receiver" in the National Bankruptcy.(10)

U.S. District Court Judges are immune from civil torts and are members of an "independent judiciary" paid by the IMF controlled Treasury Department. Disavowal of the Loyalty Oath and Treason - The Civil Service Commission suspended the loyalty oath(11) for all federal employees and many agencies have transferred allegiance to the U.N. through "Service Agreements" and "Memorandums of Understanding" (MOUs).

The U.S. Marshals' Oath to the Constitution under 28 U.S.C. 563 was deleted (12) and subverted to Interpol et al, by U.N. mandate 22 U.S.C. 263(A). These wholesale repudiations of governmental accountability to the people under Article 6 of the U.S. Constitution should be construed as a hostile takeover and Act of War.

Subversion of the Constitution by International Treaty: Passage by Congress of unlawful (i.e., under Color of Law) legislation designed to overturn the Constitution. The following list contains highlights from U.S. legislative history.

The Federal Reserve Act of 1913 (Abrogated Article 8, Sec. 8, clauses 5 & 6).

H.J. Res. 192 (1933) (Suspended the Gold Standard and Gold Clause).

Coinage Act of 1965 (Debased the specie coin Article 1, Sec. 10, clause 1).

P.L. 94-564 (1971) (Removed convertibility of U.S. dollar into gold).

Declaration of INTERdependence (1976) (Nullified national spirit and purpose).

P.L. 147 (1977) (Declared insolvency).

U.N. Covenant on Civil and Political Rights (1992) (Set aside the Bill of Rights).

P.L. 102-14 (1992) which will allow the execution of Christians in the future.

The Arms Control and Disarmament Agency under P.L. 87-297 and described in State Department Document 7727.

The net effect of these seditious legislative changes has been to overthrow the National Spiritual and Common (Biblical) Law heritage of a once Great Republic.

The Savings and Loans, banking, and stock market manipulation of the so-called junk bonds which robbed many elderly (And a lot of them Jewish - but even they were proud of the actions of the Michael Milken, Boskies and etc., because it robbed so many Christians of their life savings.

This is the result of Congress giving the Jewish money powers a virtual monopoly of underwriting the issuance of stocks and bonds by prohibiting regular commercial banks from underwriting them. The investment bankers, almost all Jews, underwrite the issuance of most of the "good" corporations in America today.

With that monopoly the Jews have been able to take over more and more of America's wealth and have caused untold numbers of workers, including those in top corporate positions, to lose their jobs. The junk bonds, which is a high yield commercial bond issued by a small corporation; and since it is riskier, it pays much higher interest, as much as five to six percentage points higher than the safer bonds that are usually issued by large corporations.

Even though, it will be pointed out, that Jewish firms like Drexel went into bankruptcy, they have now "recovered," and the Jews who put it into bankruptcy are now richer than ever, because of Jewish judges like Kimba Wood, who reduced Michael Milkens' prison sentence and is involved in various ADL indoctrination programs directed at school children across America.

With this manipulation of the American economy in full swing, who will suffer the most? Pension funds, mutual funds, insurance companies, savings and loan banks and the whole economy will go down the tube. The economy of America is about to collapse because of the Jewish money powers who have loaded corporate America down with so much high interest debt that it cannot pay it off. Our criminal Zionist controlled government will eventually declare martial law so that they can launch a "military enforcement action" to confiscate firearms from all law abiding citizens.

The merger of U.S. and Soviet forces into a "New World Army" which will signal the final step in bringing about total and "Unconditional Unilateral Disarmament and Surrender" of all global peons in preparation for World Totalitarian Rule.

"The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this Invisible Government which like a Giant Octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self-created screen. It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection. It squirms in the jaws of darkness and thus is the better able to clutch the reins of government, secure enactment of the legislation favorable to corrupt business, violate the law with impunity, smother the press and reach into the courts. To depart from mere generalizations, let me say that at the head of this Octopus are the Rockefeller-Standard oil interests and a small group of powerful banking houses generally referred to as the International Jewish Bankers. This little coterie of powerful International Jewish Bankers virtually run the United States Government for their own selfish purposes. They practically control both parties, write political platforms, make Catspaws of party leaders,(13)use the leading men of private organizations and resort to every device to place in nomination for high public office only such candidates as well be amenable to the dictates of corrupt big business. They connive at centralization of government on the theory that a small group of hand-picked, privately controlled individuals in power can be more easily handled than a larger group among whom there will most likely be men sincerely interested in public welfare. These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government." (14)

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Chapter Ten
In Conclusion

In conclusion we present you with the following actions of the United States on the International and Domestic scene. Each and every one of the following can be traced to Jewish manipulation from behind the scenes. We could provide documentation for each one of these but that would take thousands of pages and I will not spend the time and energy to provide them.

US Congressional Record, 4/30/39 "Fractional reserve" banking is the Achilles' heel of the moneychangers. Their fatal weakness, as it were. This fraudulent system is inherently unstable, because it is nothing more than a cleverly concocted scheme of theft, designed to enrich the very few [the bankers] at the expense of the many [the working people of Europe and America]. The actual mechanics of the theft is carefully concealed behind a high wall of smoke & mirrors: M1, M2, velocity of money, etc.,etc., usque ad nauseam. But because the wealth of the world is being silently and surreptitiously siphoned off ["interest" on the various national debts is never borrowed into existence, as the various "money supplies" themselves are], recurring stock market crashes and subsequent hard times are built right into the system - hence its intrinsic instability.

Congressman Thorkelson recognized this, and inserted this great speech into the permanent record of U.S. Congressional debate, at the tail end of America's "Great Depression") "The President and the Bankers Went into a Huddle" U.S. Congressional Record, April 20, 1939, Hon. Jacob Thorkelson of Montana.

Mr. Thorkelson. "Mr. Chairman, there seems to be a great deal of confusion in regard to terms. I have here a statement from the Treasury Department that I am going to insert in the Record, and I ask all Members to read it. There is no relationship between our currency at home and the currency that is used abroad for the simple reason that the international dollar is secured with 15.521 grains of gold and the domestic dollar is not secured with gold. The international dollar is stabilized, therefore, upon its gold content and needs no stabilization fund in order to keep it stable.

Here is another fact we must bear in mind; that is, that $35 buys 533 I-3 grains of gold and $20.67 bought 533 I-3 grains of gold before 1933. So you are not buying any more gold with $35 than you bought with $20.67. The stabilization fund was set aside to be used by the President and the Secretary of the Treasury. It was not to stabilize the international dollar. The reason the fund was set aside was because it must be used in order to stabilize our securities that may be dumped on the foreign market. The Congress should realize that no securities or bonds are secured by gold. When such securities leave the United States to be liquidated in a foreign market, they are then paid in gold and the stabilization fund is to take care of and liquidate such securities in the foreign market.

Mr. Patman. Will the gentleman yield?

Mr. Thorkelson. I yield to the gentleman from Texas.

Mr. Patman. Is not the gentleman talking about the open-market operations of the Federal Reserve bank rather than the stabilization fund?

Mr. Thorkelson. There is really no difference.

Mr. Patman. No difference?

Mr. Thorkelson. No difference; and I make that statement for the reason that when our securities or bonds are dumped on a foreign market they are payable in gold.

Mr. White of Idaho. What class of security does the gentleman refer to?

Mr. Thorkelson. I mean our bonds or credit. Even the commodity dollar is paid for in gold outside of the United States, in spite of the fact that it is not paid in gold within the United States.

Mr. Patman. Is not the gentleman mistaken about $12,OOO,OOO,OOO of gold certificates outstanding?

Mr. Thorkelson. No. It is in this statement.

Mr. Patman. Show it to me.

Mr. Thorkelson. This comes from the Treasury Department.

Mr. Patman. Read it to the Committee.

Mr. Thorkelson. I will be glad to do that. 'Title to all gold held by the Treasury, now amounting to 15.5 billion, is vested in the United States. A large part of this gold (12.9 billion on April 17, 1939) is held as security for gold certificates (or credits payable in gold certificates)...'

Mr. Patman. Or credits. There is only $2,000,000,000 plus in gold certificates, with $1O,OOO,OOO,OOO plus in credit; just a pencil-mark transaction.

Mr. Thorkelson. Let me continue: '...issued to and held by the Federal Reserve banks pursuant to the Gold Reserve Act. Such gold certificates may be redeemed in such amounts of gold bullion as, in the judgment of the Secretary of the Treasury, are necessary to settle international balances.'

In order to reply to some of the questions which have been asked on the floor of the House, I present the following illustrations for explanation. An ounce of gold will only exchange another ounce of gold, so it follows therefore that the price does not fluctuate except in its exchange rate.

In 1932 the dollar contained 25.8 grains of gold. Today the dollar contains 15.521 grains of gold, and as we carry this on, we find that in 1932 it required 25,800 grains of gold to buy $1,OOO of credit. Today, it only requires 15,521 grains of gold to buy $1,OOO worth of credit. This is the reason for gold's coming to the United States.

Now, let us carry this transaction through: The English fish merchant, in order to buy an automobile worth $1,OOO in the United States, customarily would take 25,800 grains of gold, or approximately 200 pounds in English money, to his bank and establish a credit for $1,OOO in the United States. Today the same English merchant takes 15,521 grains of gold, or approximately 200 new pounds, to his bank in England, and establishes a $1,OOO credit in the United States, to buy the same automobile that he bought in 1932.

In 1932 the American manufacturer would present a draft on the exchange bank in New York and would receive for his automobile 25,800 grains of gold, or $1,OOO. Today he takes the same draft to the bank and receives 15,521 grains of gold, or $1,OOO. The difference is not in the dollar, but it is in the amount of gold the dollar represents. This picture is not entirely true, because the manufacturer in the United States receives $1,OOO in commodity or unsecured money and no gold, for domestic money is not payable in gold to us. The bank, however, receives $1,000 in credit from England, or 15,521 grains of gold, in stead of 25,800 grains of gold which it received in the same transaction before 1933.

This loss is taken by the United States manufacturer, who is actually selling his automobile for $600 in gold as compared to $1,OOO in gold before our dollar was depreciated. This is also the reason why foreigners buy United States bonds and securities. The ounce of gold today buys $35 of securities, whereas the same ounce bought $20.67 worth of securities and bonds before 1933.

This is a good investment for foreign nations, particularly in view of the present trouble now raging in Europe. English capital is safer in the United States than it is in England, especially if England should lose a war or if her currency should collapse. So these same people buy United States securities because the interest is payable to them in gold, and the bonds and securities themselves are also redeemable in gold when they ask for such redemption.

The United States, therefore, becomes a depositary for foreign nations, because their money is reasonably safe in the United States; and on top of that we pay them an interest payable in gold. This is the reason for the flow of gold into the United States. This is also the reason why business is upset and turmoil exists in every country in the world.

We cannot go back to the old gold standard and liquidate American securities in dollars based upon the old gold standard, because in such event we would pay 40 percent more gold for the liquidation of them than we received in the sale of such stocks and securities. This would deplete the United States Treasury and leave us hopelessly bankrupt.

Treasury Department, Washington, April 20, 1939. Hon. J. Thorkelson, House of Representatives. "My Dear Mr. Thorkelson: This will acknowledge receipt of your letter of April 18, 1939, addressed to Mr. Harry D. White, Director of Monetary Research, requesting information regarding money in circulation, etc.

1). The total money in circulation and the demand and time deposits of all member banks as of December 31, 1938, were a follows:

Total money in circulation outside Treasury and Federal Reserve banks: $6,856,O00,000

Cash in vaults of member banks: $746,000,000

Demand deposits (all member banks) (adjusted): $22,293,000,000

Time deposits (all member banks): $11,369,000,000

Demand and time deposits of nonmember banks amounted to $17,525,000,000 on September 28, 1938.

2). Our laws require that a 40-percent reserve in gold certificates be held against Federal Reserve notes in circulation and a 35 percent reserve in gold certificates or lawful money against deposits of Federal Reserve banks.

3). The total deposits of national banks and their reserves on deposit with Federal Reserve banks for the dates requested are shown in the following table:

June 30- 1926 1932 1936 1938

Total deposits 17,092 15,206 20,986 21,866

Reserve with Federal Reserve banks

1,381 1,151 3,521 4,618

Percent 8.1 7.6 16.8 21.1

4). Two billion dollars of gold was set aside for the exchange stabilization fund. Of this amount $1,800,000,000 has remained on deposit in the Treasury in the form of gold, and $200,000,000 has been transferred to a special account with the Federal Reserve Bank of New York, to carry on the operations of the fund. A complete audit of the fund as of December 31, 1938, is enclosed.

5). Title to all gold held by the Treasury, now amounting to about $15,500,000,000, is vested in the United States. A large part of this gold ($12,900,000,000 on April 17, 1939) is held as security for gold certificates (or credits payable in gold certificates) issued to and held by the Federal Reserve banks pursuant to the Gold Reserve Act. Such gold certificates may be redeemed in such amounts of gold bullion as, in the judgment of the Secretary of the Treasury, are necessary to settle international balances or to maintain the equal purchasing power of every kind of United States currency.

The remainder of the gold held by the Treasury is accounted for as follows:

Gold reserve--held pursuant to law as a reserve against United States notes and Treasury notes of 1890 $156,000,000

Allocated to the stabilization fund...........$1,800,000,000

Gold in general fund (against which gold certificates or credits have not as yet been issued)-

(a) Balance of increment resulting from reduction in the weight of the gold dollar..........142,000,000

(b) In working balance..........525,000,000

Very truly yours, Herbert E. Gaston, Assistant to the Secretary.

Mr. Chairman, today we are considering whether or not we should extend the power to control our gold until 1941 to the President of the United States. Congress had no right to give the President the power in the first place and there is certainly no excuse for its continuation today.

On April 17, 1939, the chairman of the Rules Committee, the distinguished gentleman from Illinois, very pompously tried to find some excuse for the extension of this power, but, true to form, he spoke on his pet topic, the Hoover administration. I dislike to refer to the past; in order to keep the record straight, I cannot refrain from replying to the gentleman's erroneous remarks.

In 1920 the national debt was approximately $28,000,000,000 and the purchasing power of the dollar was 64 cents, which is equal to a 36-percent inflation of currency. On Inauguration Day, March 4, 1921 there was $6,207,000,000 in circulation. On September 1, 1922, this had been reduced to $4,393,000,000, which was equal to the amount of gold in the United States Treasury. This established a balance, for there was no more currency in circulation than there was gold in the Treasury, and the dollar value was restored to 1OO cents in gold. This brought the commodity prices down, so that in 1926 the dollar had a gold and purchasing value of 1OO cents. It is for this reason that 1926 has been designated by this administration as a normal year.

During this period from 1921 to 1929 the Government lived within its income, and in addition to that, saved enough from its income to reduce the national debt about $8,000,000,000. From 1928 to 1933 the national debt remained about $20,000,000,000, but the value of the dollar was equal to $1.67, which, of course, meant that prices on commodities had dropped in the same proportion. This was not serious, for it was brought about by the withdrawal of money from circulation.

The depression of 1931 and 1932 was premeditated by the same power largely instrumental in the repudiation of gold securities. The point to bear in mind, however, is this: All securities including money were backed by gold in the United States Treasury. We were on a gold standard and business was essentially sound in spite of the fact that there were ten or eleven million people unemployed.

In March 1933 the bankers and the President went into a huddle which terminated later in repudiation of all gold- bearing securities, and the use of gold-secured currency in the United States. In 1934 Congress enacted the Gold Reserve Act for reasons best known to itself but certainly unnecessary and destructive to industry.

It was supposed to be an act 'to protect the currency system of the United States, to provide for better use of monetary gold stock of the United States, and other purposes.' This act is not, as the title infers, 'to protect our commodity or managed currency,' because our domestic dollar is not secured or redeemable in gold in the United States. The dollar we are using here is spurious because it lacks standard value. It is for that reason bound to collapse, as sure as we are sitting here today, unless it is secured by gold, which alone is recognized as a standard of value.

The act further provides for better use of the monetary gold stock which is a misnomer. I believe the people in the United States realize today that the monetary power given to the President by Congress is the most contemptible capitulation of the New Deal to the international money power.

The President's emergency power and control of money has destroyed business and sent idle people walking the streets. In justice to those we are supposed to represent, let us restore the people's rights by placing an embargo on the gold, so that it may be used for security of the money we are using here at home. If anyone is entitled to be secured, it is our own people, so let us give them a break. If you do so, you will correct an injustice, and the people are entitled to that much consideration.

I am sure the people back home expect us to protect them and we can do so by resuming our constitutional power to 'coin and regulate the value of money.' After having done so, and upon returning home, we will at least not be ashamed to meet our constituents face to face. It has been said, 'Whoever controls the money of a nation controls that nation.' This power has been recognized for a long time. Mayer Anselm, the father and founder of the Jewish house of Rothschild, said: 'Permit me to issue and control the money of a nation and I care not who makes its laws.' This is the power the President asked for, and which Congress bestowed upon him in 1934, when the Gold Reserve Act was passed. The question now is. Do you want to continue the control of money to the President, to the Secretary of the Treasury, and the gang that was in the huddle in 1933?

Before you decide let us size up the situation as it is today. We have a national debt of over $40,000,000,000. We have unsecured currency,, and a dollar with no stable purchasing value which is unredeemable in gold in the United States. In other words, our people are consigned to the use of a commodity or managed dollar until it finally collapses, or until the majority in Congress changes its attitude and denies the President the control of money.

Congress alone has the constitutional power to control money, and that is as it should be, because it represents the people and the money belongs to the people. In spite of this the Seventy-third Congress set aside $2,000,000,000 in gold for the President and the Secretary of the Treasury, without even allowing an officer of the United States to ask for an accounting of it. This, of course, is a violation of the power as defined in the Constitution.

The purpose of the stabilization fund is not to stabilize the value of the international dollar for that is stabilized upon its gold content of 15.521 grains. It is not to stabilize our commodity or managed money for that has no relation whatsoever to gold. Our commodity money is no more than scrip or stage money, only worth what it can buy. The stabilization fund is, however, for one purpose, and that is to maintain a fixed value on United States bonds in foreign countries; otherwise they would not be acceptable, because they carry no gold value. Foreigners refuse to deal in worthless securities. In other words, Congress, at the public expense, has provided the President and the Secretary of the Treasury with $2,000,000,000 in gold, which they may use for call money on the stock market to protect the international money ring when they are called upon to liquidate United States bonds and other investments, which are unsecured at home but payable in gold to foreign countries.

With $2,000,000,000 in gold fabulous wealth may be accumulated by gambling alone. I wonder if Congress intends to continue this folly until 1941. But whether it does or not depends upon the vote of the majority of this House. It depends upon those who have gone along with the President for 7 years, because I do not believe that there is even one Republican who will subscribe to this so-called emergency.

I do not believe that my colleagues feel in their own hearts that they were fair and just to our people when they passed the Gold Reserve Act, which deprived them of equal rights with foreigners. I shall vote against extending further monetary power to the President and the Secretary of the Treasury, because I prefer instead to give the Nation's gold back to our people so that they may be secured by gold, a property which rightfully belongs to them. We have worked for it and it is ours and the people's right and privilege to enjoy the benefit of it. ARE we better off than we were yesterday or the day before?

The answer is 'no,' for we have made a complete failure of everything. We have as many unemployed people today as we had 6 or 7 years ago. If we include those who are now employed unnecessarily on the Federal pay roll, we have more unemployed people today than we have had at any time in the past. The Members of the House very well know that we have about 12O,OOO on the Federal pay roll in Washington alone.

Many industries have been closed and many more will close, because no sane and sensible businessman will put up sound securities to borrow unsound and spurious money. No one in his right senses will even begin or attempt to engage in business today, not knowing what this 'fly-by-night' administration is going to do tomorrow. I do not believe there is even one Government-owned corporation which is earning enough to pay its own expenses. As a matter of fact, to judge by appropriations made by Congress for the various Federal business ventures, it appears that all of them are operating at a deficit, no different from that of the Federal Government. It is, indeed, a discouraging condition for which there is no necessity, and which Congress can correct today by resuming its rightful power to control and regulate money.

The first requisite for operation of industries is a sound and stable monetary system. If Congress fails to provide this, there will be no recovery or decrease in our unemployed. Do not deceive yourselves, gentlemen, business is not on a strike, as the administration insinuates, but business is instead discouraged and disgusted with an unreliable majority in Congress. Even the columnists in our daily papers recognize this. One of them said last night that the Supreme Court is encouraging Congress to neglect the Constitution. Inasmuch as it is recognized in the newspapers, it is well for Congress not to neglect it.

There will be no recovery until business can operate free and unmolested from Federal snoopers, or until the various Federal bureaus cease to demand complicated reports. Such things are unnecessary and expensive, and add to cost of production.

I actually believe that labor itself is beginning to realize that we cannot borrow money and hand it out in order to bring about consuming or purchasing power. It just does not happen that way. Purchasing power can only remain in the community in which industry is operating steadily, so as to provide a regular weekly pay roll. Under such conditions money always remains in circulation in the particular community where such business or industry is operating, but this is not the case when the Federal Government is spending money, because it is neither creative nor remunerative. The Federal Government cannot bring about purchasing power by spending money on various projects, for this reason: Money always returns to the source from which it came. When the Federal Government borrows money it is from the Federal Reserve banks, and all money spent in different localities throughout the United States returns to the Federal Reserve banks or remains there until the Government borrows again. Money cannot remain in circulation unless it is used in private industry. Such money must realize sufficient profit not only to meet the overhead of such industry but, in addition to that, pay reasonable taxes. If this can be done, prosperity will prevail in such community. If destroyed, poverty takes its place.

Gentlemen, this is the condition the country faces today: Federal destruction and usurpation of private business and industry. Disraeli, the Jewish Prime Minister of Great Britain said: 'The world is governed by very different personages from what is imagined by those who are not behind the scenes.' It occurs to me that this invisible government is present in all countries, but it is my opinion that its influence is particularly pernicious in the United States today, and it is no doubt the power that the majority in Congress has followed innocently; for I do not believe there is one Member in this House who would wilfully and maliciously deprive the people of their rights." (15)

Walther Rathenau, the Jewish banker behind the Kaiser, writing in the German Weiner Frei Presse, December 24th, 1912, said: "Three hundred men, each of whom knows all the other, govern the fate of the European continent, and they elect their successors from their entourage." (16)

Confirmation of Rathenau's statement came twenty years later in 1931 when Jean Izoulet, a prominent member of the Jewish Alliance Israelite Universelle, wrote in his Paris la Capitale des Religions: "The meaning of the history of the last century is that today 300 Jewish financiers, all Masters of Lodges, rule the world." (17)

If you doubt the accuracy of this statement then look it up for yourself. But be prepared to read thousands of pages of documents in the libraries of some of the largest cities, such as Dallas, Houston, Ft. Worth, Chicago, Los Angeles, New York and the Library of Congress. We have done that but we did not copy the papers simply because we did not have the finances nor the time to do so. So believe it or not, that is for you to decide.

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1. U.S. News & World Report, August 19, 1968, p. 79.

2. U.S. News and Report, November 18, 1968, p. 35.

3. The Review of the News, September 3, 1969, p. 35.

4. U.S. Congressional Record, 76th Congress, Steps Toward British Union, a World State, and International Strife-Part I, Remarks of the Hon. J. Thorkelson of Montana, in the House of Representatives, Monday, August 19, 1940. This article, in pamphlet form, was placed in the New York Public Library on February 27, 1906, by the Honorable Joseph H. Choate.

5. Rabbi Lunat Charski, quoted in The Jewish Assault on Christianity, page 44.

6. Rabbi Ben Hecht.

7. Maurice Samuel, You Gentiles, pages 9, 19, 23, 30 and 95.

8. John Swinton, Former Chief of The New York Times, in his book "A Momentous Question: The Respective Attitudes of Labor and Capital.

9. U. S. Congressional Record, Wednesday, January 24, 1934, "Franklin D. Roosevelt, The Apostle of Irredeemable Paper Money."

10. See: Reorganization Plan No. 26, 5 U.S.C.A. 903, Public Law 94-564.

11. See: The Stewart Case, 1970.

12. Congressional Record, H7935, 9/22/88 - House.

13. "Israel controls the Senate...around 80 percent are completely in support of Israel; anything Israel wants. Jewish influence in the House of Representatives is even greater." (They Dare to Speak Out, Paul Findley, p. 66, speaking of a statement of Senator J. William Fulbright said in 1973)

14. Former New York City Mayor John Haylan speaking in Chicago and quoted in the March 27 New York Times.

15. Congressman Thorkelson recognized this, and inserted this great speech into the permanent record of U.S. Congressional debate, at the tail end of America's "Great Depression") "The President and the Bankers Went into a Huddle" U.S. Congressional Record, April 20, 1939, Hon. Jacob Thorkelson of Montana.

16. Waters Flowing Eastward, p. 108.

17. Waters Flowing Eastward, p. 108.

 
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