Quotations regarding the Issue of Currency

This collection comes from one remarkable lawyer Connie Fogal of the Canadian Action Party – thanks to Tracy Worcester who runs the International Society for Ecology and Cuture:

SIR JOSIAH STAMP: (president of the Bank of England in the 1920’s, the second richest man in England) ”Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.”

HENRY KISSINGER: “Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”

WILLIAM LYON MACKENZIE KING: “Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile…Once a nation parts with control of its currency and credit, it matters not who makes that nation’s laws…Usury once in control will wreck any nation.”

WOODROW WILSON: “A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world…no longer a Government of free opinion, no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men.”

Just before he died, Wilson is reported to have stated to friends that he had been “deceived” and that “I have betrayed my Country”. He referred to the Federal Reserve Act passed during his presidency.

ABRAHAM LINCOLN: “The money power preys upon the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. The government should create issue and circulate all the money and currency needed to satisfy the spending powers of the consumers.

Shortly before his assassination, Lincoln said the following: “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my Country.”

“Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the Country will endeavour to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed.”

JAMES A. GARFIELD: “Whoever controls the volume of money in any country is absolute master of all industry and commerce.”

HORACE GREELY: “While boasting of our noble deeds, we are careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery”.

THOMAS A. EDISON: “People who will not turn a shovel full of dirt on the project (Muscel Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest…But here is the point: If the nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution, pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to the ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan.”

MARTIN LUTHER: Martin Luther was strong in condemning interest on money. He said in part:

“Meanwhile, we hand the small thieves …Little thieves are put in the stocks, great thieves go flaunting in gold and silk…

Therefore is there, on this earth, no greater enemy of man (after the devil) than a gripe money, and usurer, for he wants to be God over all men. Turks, soldiers and tyrants are also bad men, yet must they let the people live, and confess that they are bad,and enemies, and do, nay, must, now and then show pity to some. But the usurer and the money-glutton, such a one would have the whole world perish of hunger and thirst, misery and want, so far as in him lies, so that he may have all to himself, and everyone may receive from him as from a God, and be his serf forever.”

Those who are too smart to engage in politics are punished by being governed by those who are dumber.
Plato, Greek philosopher (424 – 348 BC)