Knowledge Is Freedom

9/6/21, 10:43 PM Against the Grain Press - Knowledge is Freedom
Knowledge is Freedom
THE HISTORY OF LAWFUL GOLD AND SILVER LEGAL TENDER AND
THE DEBT BROUGHT ON BY UNLAWFUL FIAT PAPER MONEY
"I believe that banking institutions are more dangerous to our liberties than standing
armies."(Thomas Jefferson)
"Governments never do anything by accident; if government does something you can bet it
was carefully planned."(Franklin D.Roosevelt)
"The high office of President has been used to format a plot to destroy the American's
freedom, and before I leave office must inform the citizen of his plight." (John F.
Kennedy at Columbia University, 10 days before his assassination).
This country which was founded on Godly principles finds itself having some perplexing
problems. One of which, is a reported four trillion dollars debt, this debt is actually
closer to twelve trillion dollars, that's a twelve and twelve zeros.
"If ever again our nation stumbles upon unfunded paper, it shall surely be like death
to our body politic. This country will crash."(George Washington)
How did this country get so far in debt, is it the Americans fault, the governments
fault, or is it possible that there are other forces at work behind the scenes, causing
the manipulation of the currency of the world? For sure the ultimate blame rests with
the people of America. The responsibility of freedom is secured by individuals and can
only be given away individually, the minority cannot relinquish the rights for the
majority.
Thomas Jefferson said: "If a nation expects to be ignorant and free it expects
something it cannot be." God's Holy Word says in Hosea 4:6: "My people are destroyed by
a lack of knowledge." Can a country that murders its children through government
sponsored abortion expect to prosper or even survive? Can a country escape God's
judgement while murdering its children or allowing and promoting homosexuality, drug
abuse, usury, and the blatant violation of its people by government? The Word of God
and history prove this cannot take place without the moral and finally the physical
destruction of its government and its people for allowing the violation of God's Laws.
Here is what the Lord says about the violation of His laws in Hosea 7:13-8:4:
"{13} Woe to them, because they have strayed from me! Destruction to them, because they
have rebelled against me! I long to redeem them but they speak lies against me.
{14} They do not cry out to me from their hearts but wail upon their beds. They gather
together for grain and new wine but turn away from me.
{15} I trained them and strengthened them, but they plot evil against me.
{16} They do not turn to the Most High; they are like a faulty bow. Their leaders will
fall by the sword because of their insolent words. For this they will be ridiculed in
the land of Egypt.
{8:1} "Put the trumpet to your lips! An eagle is over the house of the LORD because the
people have broken my covenant and rebelled against my law.
{2} Israel cries out to me, 'O our God, we acknowledge you!'
{3} But Israel has rejected what is good; an enemy will pursue him.
{4} They set up kings without my consent; they choose princes without my approval. With
their silver and gold they make idols for themselves to their own destruction."
https://web.archive.org/web/20080516194645/http://www.atgpress.com/kifap/monie.htm 1/20
How do you destroy a country without firing a shot and without destroying it's
infrastructure? You do this by controlling a nation's money, manipulating inflation and
the use of non-redeemable paper money instead of gold and silver. This is what the Lord
says about paper money in Proverbs 20:23: "The LORD detests differing weights, and
dishonest scales do not please him."
Here is a quote from John Adams: "I am firmly of the opinion that there never was a
paper pound, a paper dollar, or a paper promise of any kind, that ever yet obtained a
general currency [as money] but by force or fraud, generally by both."
Also, a quote from Count Destutt de Tracy: "A theft of greater magnitude and still more
ruinous, is the making of paper money; it is greater because in this money there is
absolutely no real value; it is more ruinous because by its gradual depreciation during
the time of its existence, it produces the effect which would be proration of the
coins. All those iniquities are founded on the false idea the money is but a sign."
I'm going to show you some examples in our nations history, of how we have been
conquered and enslaved. By the time the Revolutionary War was over the United States
government could not pay its war debts, altogether Congress printed two hundred million
dollars in paper currency just to operate the government. In a short time they had to
borrow money just to pay the interest; does this sound familiar?
William Davie, who was a delegate from North Carolina [1787] said: "Can our general
government recur to the ordinary expedient of loans? During the late war, large sums
were advanced to us by foreign states and individuals. Congress has not been enabled to
pay even the interest of these debts with honor and punctuality. The requisitions made
on the states have been every where unproductive, and some of them have not paid a
stiver....Many of the individuals who lent us money in the hour of our distress, are
now reduced to indigence in consequence of our delinquency.
So low and hopeless are the finances of the United States, that, the year before last
Congress was obliged to borrow money even, to pay the interest of the principal which
we had borrowed before. This wretched resource of turning interest into principal, is
the most humiliating and disgraceful measure that a nation could take, and approximates
with rapidity to absolute ruin."
After the Revolutionary War the military almost rebelled, and would have if it had not
been for the pleading's of George Washington. In 1787, Shays Rebellion broke out as a
result of the financial woes in this country. This caused a great rift between
government and the people. Congress decided that the Articles of the Confederation were
not sufficient and that a constitution must be written to protect the government and
allow trade between the States and other countries. Only then would Congress be able to
provide protection for the government and the States, and only then would they, through
this commercial enterprise, be able to pay it's debts.
However, the forefathers made a big mistake by allowing the international bankers to
operate in this country with their foreign interests unchecked. Who ever controls the
money of the world controls the world.
Here are a few quotes: "Whoever controls the volume of money in any country is absolute
master of all industry and commerce."(Paul Warburg, drafter of the Federal Reserve Act)
"Permit me to issue and control the money of a nation and I care not who makes its
laws."(Mayer Amschel Rothschild)
"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 of conviction and vote of the majority, but a
Government by the opinion and duress of small groups of dominant men." (Woodrow Wilson)
"A power over a man's subsistence amounts to a power over his will." (Alexander
Hamilton)
"It is not a matter of what is true that counts, but a matter of what is perceived to
be true."(Henry Kissinger)
There are and have been groups of people with this power and goal. These groups have
passed down from generation to generation the desire to control and rule the world.
Just to name a few whom I'm sure you've heard of, the Rothschild's, Bilderbirger's,
Morgan's and Rockerfeller's. In order for these groups to implement their plan they
have used the secret societies such as, Jesuit's, Free Masonry and the Illuminati.
The people of this country thought we won the Revolutionary War. They were not aware of
the forces at work and the covenants made through treaties, and the obligations
involved, when using the kings money. Nor were they aware of the taxation that ensues
forusing the kings money and the slavery that follows.
Here's what our Lord said about this in Nehemiah 5:4-5:
{4} "We have had to borrow money to pay the king's tax on our fields and vineyards.
{5} Although we are of the same flesh and blood as our countrymen and though our sons
are as good as theirs, yet we have to subject our sons and daughters to slavery. Some
of our daughters have already been enslaved, but we are powerless, because our
fieldsand our vineyards belong to others."
And in 1 Samuel 8:11-18 The Lord said:
{11} "This is what the king who will reign over you will do: He will take your sons and
make them serve with his chariots and horses, and they will run in front of his
chariots.
{12} Some he will assign to be commanders of thousands and commanders of fifties, and
others to plow his ground and reap his harvest, and still others to make weapons of war
and equipment for his chariots.
{13} He will take your daughters to be perfumers and cooks and bakers.
{14} He will take the best of your fields and vineyards and olive groves and give them
to his attendants.
{15} He will take a tenth of your grain and of your vintage and give it to his
officials and attendants.
{16} Your menservants and maidservants and the best of your cattle and donkeys he will
take for his own use.
{17} He will take a tenth of your flocks, and you yourselves will become his slaves.
{18} When that day comes, you will cry out for relief from the king you have chosen,
and the LORD will not answer you in that day."
"If the American people ever allow the banks to control issuance of their currency,
first by inflation and then by deflation, the banks and corporations that grow up
around them will deprive the people of all property until their children will wake up
homeless on the continent their fathers occupied."(ThomasJefferson)
As an example, let's say we are starting all over again in regards to this country,
including money. Let's say the free and independent people that occupy this country
have had their needs met by God Almighty, and that they have used the barter system as
a medium of exchange and all is going well. Let's say Oregon is the only State in this
hypothetical country and that the nations bank is willing to loan out money to the
government and its sovereign people. Let's say the bank agrees to loan the government
one thousand dollars (paper, gold, silver or rocks) and expects ten percent in
interest, payable in legal tender, money, as payment for the privilege of borrowing
this money.
Remember, the only money in existence is the money the bank is now going to create. The
bank makes the loan to the government and at the same time the free and sovereign
people want into this new deal, sounds great, what a deal, we don't have to carry our
goods to the market to make purchases, we can pay for them with this new money. As you
well know looks can be deceiving. Let's examine the original loan, the bank loaned out
one thousand dollars, where is the government going to get the ten percent of bank
created money to pay the interest on its loan. The only money in existence is the money
created by the bank and loaned out to the government, and the one time free and
sovereign people. To make it easier to comprehend what has taken place, temporarily
forget about the money loaned to the people.
There was only one thousand dollars in existence, and that was loaned to the
government, so where is the ten percent going to come from? The accepted method of
payment is the money created by the bank, and the government agreed to this. The only
alternative is that the government could borrow more money to pay the interest or the
bank could foreclose on the government's property. The great minds in government say
gee, this is a problem.
Now let's bring the once free and sovereign people back into the equation. The people
have the same problem because they have also borrowed the banks money, at ten percent
interest, with no possible way of ever repaying the interest. However, they are unaware
of this scam because they have been taught to trust the government. They have been told
by their preachers to trust this government, and that they have to blindly obey this
government according to the Word of God.
The great minds in government say I know how we can repay the interest we owe, we'll
require a direct tax on the income of the once free and sovereign people and make it a
voluntary system but, at the same time we will make the tax appear to be mandatory in
the tax laws we write. So, the resourceful educated minority learn how this works, and
are able to acquire more money from the other less resourceful people, and are able to
repay their interest with money left over. The less resourceful people have gotten so
poor that they have begun losing their property so, the number of people that are
unable to pay the banks usury gets larger every year. A long period of time passes and
the interest on the bank's loans goes unpaid. This ballooning debt causes the
bankruptcy of this country and the State of Oregon, with the bankers as trustees
eventually, because of the further use of non-redeemable paper money, foreclose on the
government and itspeople.
You now have to deal with the human reaction of rejection, denial based on fear, which
was caused by the following reasons. One, the realization that your government does not
have your best interest at heart. Two, that your government representatives would allow
your enslavement for their personal gain. Three, the ultimate insult, that anyone could
con you out of your money and property with your help and blessing. Four, that the
government sponsored schools withheld the necessary knowledge that would have made
fraud and con impossible.
"Those unaware are unaware of being unaware."(Merrill Jenkins)
Are you mad yet? No! Still in a mental state of denial huh? The next two unimpeachable
authorities should overcome your denial, the fear you will have to deal with in your
own way. For me this was not a problem, my faith is in Jesus Christ not the federal
government.
First, Marriner Eccles, then chairman of the Board of Governors of the Federal Reserve
System, in testimony before the Banking and Currency Committee of the House of
Representatives on the Banking Act of 1935. Mr. Eccles testified: In purchasing
offerings of Government bonds, the banking system as a whole creates new money, or bank
deposits. When the banks buy a billion dollars of Government bonds as they are offered-
and you have to consider the banking system as a whole, as a unit - the banks credit
the deposit account of the Treasury with a billion dollars. They debit their Government
bond account a billion dollars, or they actually create, by a bookkeeping entry, a
billion dollars.
Second, President Eisenhower's Secretary of the Treasury Anderson in an interview with
U.S. News and World Report on August 31, 1959:
Question: Do you mean that banks, in buying Government securities, do not lend out
their customers' deposits? That they create the money they use to buy the securities?
Answer: (by Secretary Anderson): That is correct. Banks are different from other
lending institutions. When a savings and loan association, an insurance company, or a
credit union makes a loan, it lends the very dollar that its customers have previously
paid in. But when a bank makes a loan, it simply adds to the borrower's deposit account
in the bank by the amount of the loan.
The money is not taken from anyone else's deposit; it was not previously paid in to the
bank by anyone. It's new money, created by the bank for the use of the borrower.
"We are completely dependent on the commercial Banks. Someone has to borrow every
dollar we have in circulation, cash or credit. If the Banks create ample synthetic
money we are prosperous; if not, we starve. We are absolutely without a permanent money
system. When one gets a complete grasp of the picture, the tragic absurdity of our
hopeless position is almost incredible, but there it is. It is the most important
subject intelligent persons can investigate and reflect upon. It is so important that
our present civilization may collapse unless it becomes widely understood and the
defects remedied soon." (Robert H. Hemphill, Credit Manager of Federal Reserve Bank,
Atlanta, Ga.)
"The banks -- commercial banks and the Federal Reserve -- create all the money of this
nation and its people pay interest on every dollar of that newly created money. Which
means that private banks exercise unconstitutionally, immorally, and ridiculously the
power to tax the people. For every newly created dollar dilutes to some extent the
value of every other dollar already in circulation." (Congressman Jerry Voorhis)
On top of all that the bankers were able to get Congress to allow them to practice
fractional banking. The banks can loan out 98% of the money on deposit, so if you
deposited one thousand dollars, the bank could loan out nine hundred and eighty
dollars.
This is creating money out of thin air, account money, no money has actually been
printed yet now out of the 98% available to be loaned out, you now owe more interest
and no money has been printed to repay the principle much less the interest. This money
can continue to be loaned out until it reaches zero. What a scam! If it's not obvious
to you yet, this was a fraud from the beginning because bank created money was required
to repay the interest, which was impossible because only principle money was created.
Francis Corbin, a delegate from Virginia [1787] said: "The debts due by the United
States and how much is due to foreign nations! No part of the principal is paid to
those nations; nor has even the interest been paid as honorably and punctually as it
ought. Nay, we were obliged to borrow money last year to pay the interest. What! Borrow
money to discharge the interest of what was borrowed, and continually augment the
amount of the public debt! Such a plan would destroy the richest country on earth."
Here is a example of how the Social Security scam works: Paul, in the year 1940, saves
by paying one hundred dollars to the national Social Security Administration. He
receives in exchange a claim which is virtually an unconditional government IOU drawn
upon the future taxpayers, because government uses this money on the interest it owes
and places a IOU in the fund to cover your deposit, it is a tax and a forced loan. In
1970 a certain Peter may have to fulfill the government's promise although he himself
does not derive any benefit from the fact that Paul, in 1940, saved one hundred
dollars. Thus it becomes obvious that the Pauls of 1940 do not owe it to themselves. It
is the Peters of 1970 who owe it to the Pauls of 1940. The administrators of 1940 solve
their problems by shifting them to the administrators of 1970. On that date the
administrators of 1940 will be either dead or elder statesmen glorying in their
wonderful achievement, Social Security. Add to that the fact that
Paul's one hundred dollars which was redeemable in silver will have to be redeemed by
non-redeemable debt [fiat] money. You cannot pay a debt obligation with a debt note,
you can only discharge the debt and pass it to the next generation.
"In Germany they came first ... for the Jews, and I didn't speak up because I wasn't a
Jew. Then they came for the trade unionists, and I didn't speak up because I wasn't a
trade unionist. Then they came for the Catholics, and I didn't speak up because I was a
Protestant. Then they came for me, and by that time no one was left to speak up."
(Martin Niemoller)
Serious problems face this nation, there is unrest because of the financial situation.
Even a greater problem is the moral breakdown of this nation. The separation from Godly
principles will destroy this one time great country. However, the focus of this paper
will be on the destruction of this country and it's people through the use of paper
money, the weapon of the internationalists. The pages to follow are a snapshot of our
history as a nation.
UNITED STATES TIME LINE IN RELATION TO BANKING AND PAPER MONEY
1765: Prior to the establishment of the United States, Blackstone said in his
commentaries: "If a man counterfeits the King's money; and if a man brings false money
into the realm counterfeit to the money of England, knowing the money to be false." As
to the first branch, counterfeiting the King's money; this is treason, whether the
false money be uttered in payment or not.
Also if the King's own ministers alter the standard of alloy established by law, it is
treason."
1781: George Washington wrote to John Laurens and said: "Experience has demonstrated
the impracticability long to maintain a paper credit without funds for its redemption."
APRIL 12, 1782: John Adams negotiated with the Netherlands to receive a loan and
recognition for the United States.
APRIL 19, 1782: The Netherlands recognized the independence of the United States.
JUNE 11, 1782: Dutch bankers agree to lend two million dollars to the United States.
OCTOBER 8, 1782: A treaty of commerce and friendship was signed between the United
States and the Netherlands.
NOVEMBER 30, 1782: A preliminary peace treaty is signed between the United States and
England. The most important provisions are the establishment of boundaries and
recognition of American independence. All debts due to creditors of either country
are accepted as valid debts.
FEBRUARY 28, 1785: Britain threatens to break off the treaty because Americans have
failed to comply with the treaty, by having paid the debts owed to Britain.
JUNE-SEPTEMBER 1785: There is a major depression because of unstable paper money

resulting in falling prices. This allowed some of the States to discharge their debts
on a basis which was sometimes a thousand to one.
1786: The board of Treasury in 1786 condemned paper currency "the revival of a paper
currency and the rage for another experiment in this fallacious medium that has so far
prevailed as to enter into the system of revenue of several States"
1787: During the federal convention, Roger Sherman made the statement that: "no
Government has a right to impose on its subjects any foreign currency to be received in
payments as money which is not of intrinsic value: unless such Government will assume
and undertake to secure and make good to the possessor of such currency the full value
which they oblige him to receive it

for."
JANUARY 27, 1787: Shays rebellion took place because of financial depression.
JANUARY 14, 1790: Treasury Secretary Alexander Hamilton says the United States should
pay its debts at par value, even though manyspeculators would profit by this.[As a
footnote Alexander Hamilton married into the Rothschild family December 14,
1780, Alexander Hamilton was born Alexander Levine, of Jewish lineage, in St. Croix, the
West Indies. After changing his name and his geographical situs, he married Elizabeth
Schuyler, the second daughter of Phillip Schuyler, at the bride's home in Albany,
New York. The bride's mother was Catherine Van Rensselaer, daughter of Colonel John R.
Van Rensselaer, who was the son of Hendrik, the grandson of Killiaen, the first
partroon. [THE INTIMATE LIFE OF ALEXANDER HAMILTON, by Allan Hamilton 1910]
[It has been reported that there are documents in the British museum that prove
Alexander Hamilton received payment from the Rothschild's for his dastardly deeds.
Could this payment have been for his involvement in the establishment of a foreign
bank in this country, and for convincing Congress to assume the States debts, which
would have created a debt obligation binding the United States government and the
States to the international bankers?]
JUNE 20, 1790: Alexander Hamilton convinces Congress to pass the Assumption Act, under
which the federal government is to assume the States debts.
DECEMBER 14, 1790: Alexander Hamilton submits a plan for a bank of the United States,
mainly as a vehicle for the funding of debts under the Assumption Act and to establish
credit.
FEBRUARY 25, 1791: The bank of the United States is chartered.
MARCH 1-2, 1792: Congress debates the propriety of Alexander Hamilton's conduct of his
office as Secretary of the Treasury.Nothing irregular is discovered.
APRIL 2, 1792: Congress passes the Coinage Act, which establishes a mint and prescribes
a decimal system of coinage.
FEBRUARY 2, 1793: Alexander Hamilton resigns as Secretary of Treasury.
JANUARY 24-FEBRUARY 20, 1811: Congress debates renewal of the charter for the Bank of
the United States.
MARCH 4, 1811: The Bank of the United States is closed permanently.
1812-1815: The War of 1812 breaks out with Britain.
DECEMBER 5, 1815: President Madison proposes a second Bank of the United States to

succeed the first Bank that failed to berechartered in 1811.
MARCH 14, 1816: Congress creates the second Bank of the United States.
JANUARY 7, 1817: The second Bank of the United States is opened.
SEPTEMBER 11, 1830: The Anti-Masonic party acquires national status by holding a

convention in Philadelphia.
DECEMBER 6, 1830: President Andrew Jackson attacks the Bank of the United States.
SEPTEMBER 26, 1831: The Anti-Masonic party holds a national convention in Baltimore.
MARCH 17, 1832: The Banking Select Committee said: "That the consequences of the
present, is that the currency of the UnitedStates is bank notes, to the exclusion of
the precious metals. The exclusion of gold and silver coins from circulation is
a serious defect, which ought not to be tolerated, and which should be speedily
remedied. There is not an example on record of thesuccessful issue of a paper currency,
and our experiment has beentoo short and dubious to prove its suitableness as a
permanentregulation."
JUNE 11, 1832: A bill to renew the charter of the Bank of the United States is
submitted by Congress.
JULY 3 1832: The Bank bill is approved.
OCTOBER 1832: The Anti-Masonic party backs Andrew Jackson, and he is re-elected.
JUNE 1, 1833: The Secretary of Treasury refuses to follow the order of President

Jackson to distribute the Bank of United States funds into State banks.
SEPTEMBER 18, 1833: President Jackson reads to his cabinet a paper drafted by the
Attorney General as to the reasons why the federal deposits should be removed from the
Bank of the United States.
DECEMBER 26, 1833: Senator Henry Clay offers two resolutions of censure against
President Jackson for his plan to remove depositsfrom the Bank of the United States.
MARCH 17, 1834: Representative Gillet, a member of the Banking Select Committee,

concurred in the expediency of increasing thecirculation of gold coin, arguing that,
"under the paper system, banks have broken, and on whom did the loss most severely
fall? Upon the poor, who understood little of the condition and credit of banks. The
wealthy usually foresaw the evil and protectedthemselves."
MARCH 28, 1834: The Senate approves the criticizing of President Jackson.
APRIL 4, 1834: The House passes four resolutions sustaining the bank policy of the
Jackson administration.
APRIL 15, 1834: President Jackson makes a formal protest to the Senate concerning its
resolution of censure.
MAY 7, 1834: The Senate refuses to enter President Jackson's protest in its journals.
DECEMBER 1, 1834: President Jackson declares that the national debt will be paid off
JANUARY 1, 1835.
JANUARY 30, 1835: There is an attempt to assassinate President Jackson.
FEBRUARY 18, 1836: The Bank of the United States charter expires, the Bank receives a
charter in Pennsylvania.
DECEMBER 5, 1836: President Andrew Jackson said in his message to Congress: "It is
apparent from the whole context of the Constitution as well as the history of the times
which gave birth to it, that it was the purpose of the Convention to establish
a currency consisting of the precious metals. These were adopted by a per-exchange, such
as of certain agricultural commodities recognized by the statutes of some States as
tender for debts, or the still more pernicious expedient of paper currency."
JANUARY 23, 1840: A bill establishing an Independent Treasury is proposed by Congress.
JUNE 30, 1840: The Independent Treasury bill passes the House.
JULY 28, 1841: A bill re-establishing a National Bank passes the Senate.
AUGUST 13, 1841: The House approves the bill to re-establish the National Bank.
AUGUST 13, 1841: The Independent Act of 1840 is repealed.
AUGUST 16, 1841: President Tyler vetoes the Bank bill.
SEPTEMBER 3, 1841: The Senate approves the second Bank bill for a National Bank under
another name.
SEPTEMBER 9, 1841: President Tyler vetoes the second Bank bill.
AUGUST 6, 1846: The Independent Treasury Act is approved.
APRIL 12, 1861: The Civil War starts.
AUGUST 5, 1861: Congress passes the first National income tax.
AUGUST 21, 1861: The United States issues the first paper currency.
FEBRUARY 25, 1863: Congress establishes a National Banking system.
1864: The Coinage Act of 1834 had the purpose of striking a fatal blow at the ability
of banks to sustain a circulation of smalldenomination paper currencies. The invalid
conclusion that the legal-tender acts of the Civil War were constitutional because they
effected through a paper medium the same type of "debasement", which no one " ever
imagined was taking private property without compensation or without due process of
law".
APRIL 14, 1865: A short time after President Lincoln orders the Lincoln greenbacks to
be printed; which would deprive the banks from charging interest on the money they
would have printed, President Lincoln was assassinated by John Wilkes Booth. It's been
proven this was a conspiracy because of the other four men who were involved in the
assassination, and it has also been established that these men were on the payroll of
the Rothschild's.
OCTOBER 31, 1865: The public debt of the United States stands at over seventy dollars
per capita.
MARCH 18, 1869: Congress passes the public Credit Act to pay the public debt in gold,
leaving three hundred million in greenbacks and a bitter debate about redeeming them.
JULY 28, 1868: The Fourteenth Amendment is enacted, which not only created federal
citizenship, it also made it illegal for federal citizens to question the federal debt.
[clause four 14th
Amendment]
SEPTEMBER 24, 1869: On this "Black Friday" a financial panic occurs after two stock
gamblers, Jay Gould and James Fisk, try to organize a corner on the gold market. The
Grant administration dumps four million dollars in gold on the market, the price
falls in fifteen minutes from one hundred and sixty two dollars to one hundred and
thirty three dollars and many investors are ruined.
1873: The historian, William Graham Sumner explained that: "The popular mind rests on
instances like our continental money, asshowing the error of paper money where it
absolutely perishes. It is thought that, short of this, only alarmists see danger. The
story of Austria shows that an irredeemable paper currency is a national calamity of
the first magnitude, of which one may indeed find greater or lesser examples, but of
which the least is a peremptory warning to statesmen and financiers. It is like
a disease in the blood, undermining the Constitution and spreading decay through all the
arteries of business. In its measure and according to circumstances it is pernicious,
if not fatal."
FEBRUARY 12, 1873: Congress terminates the coinage of silver, because the intrinsic
value of bullion exceeds its face value, this Act becomes known as "the crime of 73."
SEPTEMBER 8, 1873: Jay Cooke and Company declares itself bankrupt, this causes a three
year depression.
APRIL 22, 1874: President Grant vetoes a bill passed by Congress validating the
issuance of greenbacks.
JUNE 20, 1874: Congress passes a Currency Act fixing the maximum amount of greenbacks
in circulation at three hundred and eighty-eight million dollars.
JANUARY 14, 1875: Congress passes the Specie Resumption Act, reducing the circulation
of greenbacks to three hundred milliondollars.
AUGUST 19, 1877: In a speech made by the Secretary of Treasury John Sherman, he said:
"There is a large class of people who believe that paper can be, and ought to be, made
into money without any promise or hope of redemption; that a note should be printed:
"This is a dollar," and be made a legal tender. I regard this as a mild form of lunacy,
and have no disposition to debate with men who indulge in such delusions, which
have prevailed to some extent, at different times, in all countries, but whose life has
been brief, and which have shared the fate of other popular delusions. The Supreme
Court only maintained the constitutionality of the legal tender promise to pay a dollar
by a divided court, and on the ground that it was issued in the nature of a forced
loan, to be redeemed upon the payment of a real dollar; that is, so many grains of
silver or gold. I therefore dismiss such wild theories, and speak only to those who are
willing to assume, as an axiom, that gold and silver or coined money, have been proven
by all human experience to be thebest possible standards of value, and that paper money
is simply a promise to pay such coined money, and should be made and kept equal to
coined money, by being convertible on demand. [emphasis mine]
JANUARY 1885: The Treasury surplus was up to five hundred million dollars.
JANUARY 17, 1894: The federal gold reserves drop to only sixty million dollars. The
federal government offers a bond issue of fifty million dollars to make up gold reserve
losses.
NOVEMBER 13, 1894: Another federal bond issue of fifty million dollars is offered.
Because of poor public response, most of this loan is taken over by New York bankers.
JANUARY 6, 1896: The fourth bond issue in three years is floated, this time in public
subscription totaling one hundred milliondollars, federal treasury reserves are down to
seventy nine millon dollars which is considered so low as to endanger the continuance
of the gold standard.
MARCH 14, 1900: Congress passes the Gold Standard Act, under which other forms of money
are made redeemable in gold on demand, a gold reserve of one hundred and fifty million
dollars is
created, and the sale of bonds is authorized when necessary to maintain the reserve.
MARCH 13, 1907: A financial panic begins with a sharp drop of the stock market.
OCTOBER-NOVEMBER 1907: A run begins on October 23rd on the Knickerbocker Trust Co. that
wipes out that bank, many other banks fail, unemployment rises, and food prices soar.
Increased bank deposits infused by the United States Treasury restore confidence,
supported by loans from such capitalist leaders as J. Pierpont Morgan.
MAY 30, 1908: Under the impact of the financial panic of 1907, the Aldrich-Vreeland
Currency Act is passed by Congress, it establishes the National Monetary Commission to
study banking.
JULY 12 1909: Congress passes an amendment to the Constitution authorizing the

imposition of a tax on incomes.
FEBRUARY 25, 1913: The sixteenth Amendment to the Constitution of the United States is
declared in effect. [As a footnote: Thisamendment did not confer any new power of
taxation on Congress and did not extend the power of taxation to subjects
previouslyexempted. Its whole purpose was to exclude the source from which income tax
is a direct tax which must be apportioned among thestates, and thus remove the occasion
which might otherwise exist for an apportionment. [27th American Jurisprudence, Section
17, pages 317, 318.] "The source of the taxing power is not the 16thAmendment, it is
Article I, Section 8 of the Constitution." [Penn Mutual Indemnity Co. v. Commissioner,
32 T.C. 1959, CCH at pg. 659.]
December 23, 1913: The Federal Reserve Act is signed, dividing the country into twelve
districts, each with a federal reserve bank. The act also provides for a drastic
currency based on commercial assets rather than bonded indebtness, mobilization of bank
reserves, public control of the banking system [foreign interest], and decentralization
rather than centralization.
JULY 28, 1914: World War One begins.
OCTOBER 15, 1915: American bankers, organized by J.P. Morgan and Co., agree to lend
Great Britain and France five hundred milliondollars, the largest loan floated in any
country.
JULY 11, 1916: The Federal Aid Road Act is signed by President
Wilson. The measure provides five million dollars for the use of the States that
undertake road building programs, and it establishes a system of highway
classification. Almost two hundred and fifty thousand commercial vehicles and more
than three million private cars are registered to use public roads.
JULY 17, 1916: The Federal Farm Loan Act is passed by Congress.
OCTOBER 3, 1916: Congress passes the War Revenue Act, increasing corporate and personal
income taxes and establishing excise-profits, and luxury taxes.
APRIL 5, 1918: The War Finance Corporation is formed, capitalized at five hundred
million dollars to support war industries through loans and bond sales.
1920: Congress abolishes the United States Treasury and establishes the Dept. of
Treasury, in the Act of 1920 66th Congress session II ch. 214.
APRIL 9-16, 1924: The United States banks loan Germany two hundred million for
reparation.
NOVEMBER 14, 1925: Because of a severe financial depression in Europe, the United
States agrees to a sharp reduction in foreign war debts as well as interest rates on
them, but still insists on partial payment.
JANUARY-APRIL 1926: War debt agreements are reached between the United States and
several European countries, including France,Italy, Belgium, Czechoslovakia, Rumina,
Estonia and Latvia. In the case of France it is agreed that the four billion
dollars owed to the United States banks will be paid over a period of sixty two years.
Italy, which owes one billion five hundred million dollars is also to be paid back in
sixty two years.
MARCH 10, 1928: The United States pays three hundred million dollars to Germany to
reimburse them for property taken during World War One.
JULY 10, 1929: The new paper currency, only two thirds the size of the old, goes into
circulation.
OCTOBER 24-28, 1929: The stock market crashes as millions of shares change hands and
billions of dollars in value are lost.
FEBRUARY 24, 1930: J.P. Morgan and Co. announce that the group formed to halt the
market crash on October 24-29, has sold all its shares and is disbanded.
DECEMBER 11, 1930: The largest Bank failure in the nations history takes place when the
Bank of the United States closes its doors in New York.
SEPTEMBER-OCTOBER 1931: The bank panic increases as over eight hundred banks are closed
in two months. Individuals start to hoard gold to protect themselves.
DECEMBER 8, 1931: The President's Address message to Congress calls for increased

taxation to make up for the deficit of nine hundred and two millon dollars for the year
30-31.
JANUARY 22, 1932: The Reconstruction Finance Corporation came into existence with the
purpose of loaning money to the banks.
FEBRUARY 27, 1932: Congress passes the Glass-Steagall Act, which authorizes the sale of
seven hundred and fifty million dollars worth of the government gold supply and allows
the federal reserve system more leeway in discounting commercial paper.
JULY 21, 1932: President Hoover signs the Emergency Relief Act which provides three
hundred million dollars in loans to the States and increases the Reconstruction Finance
Corporations debtceiling to three billion dollars to make loans to State and
local governments.
March 10, 1933: By the continued use of paper money the United States had to be
declared bankrupt, which was proven by thebankruptcy procedures that were followed in
President Roosevelt'sExecutive Orders. President Roosevelt declared the United
Statesbankrupt by Presidential Executive Order, 6073 and the subsequentExecutive
Orders, 6102, 6111 and 6260.[these documents are stillpublicly attainable in any
federal depository library]
MAY 23, 1933: On the House floor, Congressman Mcfadden brought impeachment charges
against many of the federal reserve board members, federal reserve agents of many
States, comptroller of the currency, and several secretaries of the United
States Treasury for high crimes and misdemeanors, including the theft of eighty billion
dollars from the United States Government and with committing the same thefts in 1929,
1930, 1931, 1932 and 1933 and in the years previous to 1928, amounting to billions of
dollars.
These charges were remanded to the Judiciary committee for investigation, where these
charges were effectively buried and until this day have never been answered. [See
Congressional Record pp.4055-4058 May 23, 1933]
JUNE 16, 1933: The National Industrial Recovery Act is passed, this allows private
corporations to make their own laws and write their own statutes, as applied to the
public.
JANUARY 30, 1934: The Gold Reserve Act gives the President the right to change the
value of the dollar. The President immediately devalues the dollar to fifty nine cents.
JUNE 28, 1934: The Federal Home Association is established, toinsure the loans made by
banks in building homes.
MAY 27, 1935: The United States Supreme Court declares that the National Industrial
Recovery Act is unconstitutional. Since thefederal reserve is a private corporation and
passes its own laws;does this not make the federal reserve unconstitutional [illegal]?
[Schechter Poultry Corp. v. United States, 295 U.S. 495 1934]
AUGUST 14, 1935: The Social Security Act [Federal Insurance Contribution Act] becomes
law, the American people are told this is a insurance policy. This is actually an
agreement between you and the United States government where you have agreed under
tort law that you have contributed to the national debt and that you are a wrong doer
under the definition of the word contribution, as it is used by the government. [see
the word contribution and the words tort feasor in Blacks Law Dictionary 6th ed.]
AUGUST 23, 1935: The Banking Act of 1935 is passed, restructuring the federal reserve
system to allow for increased control of banking and credit.
AUGUST 28, 1935: The Public Utility Act is signed, the United States takes control of
the countries utilities.
AUGUST 29, 1935: Congress passes the Farm Mortgage Act to offset the Supreme Courts
decision against the Federal Farm Bankruptcy Act.
JANUARY 4, 1939: President Roosevelt requests one billion three hundred and nineteen
million five hundred and fifty eight thousand dollars for defense.
JANUARY 5, 1939: President Roosevelt submits a budget of nine billion dollars to

Congress.
SEPTEMBER 1, 1939: World War Two Begins.
JANUARY 3, 1940: President Roosevelt requests one billion eight hundred million dollars
for defense.
MAY 31, 1940: President Roosevelt requests one billion three hundred million dollars
for defense.
JUNE 22, 1940: Congress raises the national debt ceiling to a record high of forty nine
billion dollars.
JANUARY 8, 1941: The Presidents budget calls for a record seventeen billion eight
hundred million dollars, of which sixty percent is for defense.
MARCH 30, 1941: President Roosevelt approves a measure that raises the ceiling on the
public debt to a record sixty five billion dollars.
JANUARY 5, 1943: President Roosevelt proposed budget for the fiscal year 1943 is one
hundred and eight billion nine hundred and three million dollars.
JANUARY 13, 1944: President Roosevelt proposes a budget of one hundred billion dollars
for 1944.
JULY 28, 1945: The United Nations charter is ratified by the Senate.
JANUARY 2, 1950: A report by the United States Dept. of Commerce shows that for the
period July 1, 1945 to September 30, 1949, theUnited States spent almost twenty five
billion dollars in foreign aid. Military spending for the same years has been one third
of the yearly budget.
JULY 19, 1950: President Truman calls for partial mobilization after Korea crosses the
38th parallel and also asks Congress for ten billion dollars for the military.
APRIL 30, 1951: President Truman gets fifty seven billion dollars for defense for 1951.
JANUARY 21, 1952: The President's budget calls for expenditures of eighty five billion
four hundred and forty four million dollars for the coming fiscal year. Slightly over
three fourths of the budget is to spent on "national security".
JUNE 29, 1955: The Federal Aid Highway Act is signed by the President. It authorizes
thirty three billion dollars to be spent over the next thirteen years on the highways.
JANUARY 16, 1957: A peace time budget of seventy two billion eight hundred and seven
million dollars is proposed.
JANUARY 13, 1958: The fiscal deficit is up to twelve billion four hundred twenty seven
million dollars.
AUGUST 7, 1958: President Eisenhower signs into law an appropriations bill for defense
in the amount of thirty nine billion six hundred and two million eight hundred and
twenty seven thousand dollars.
1961: President Eisenhower allots forty seven billion six hundred and fifty four
million dollars for defense.
NOVEMBER 28, 1961: President Kennedy "reached the decision that silver metal should
gradually be withdrawn from our monetaryreserves."
1963: Six days prior to President John F. Kennedy being assassinated, he ordered the
Treasury to print United States Notes to be used as legal tender, a limited amount were
printed before his untimely death. This action would have put the federal reserve out
of business because they would no longer be able to collect interest on the money they
would have printed. This would have eventually removed the financial and
political control the international bankers had over this country. Ten days prior to his
assassination President Kennedy said "The high office of President has been used to
foment a plot to destroy the American's freedom, and before I leave office I must
inform the citizen of his plight."
NOVEMBER 22, 1963: President John F. Kennedy is assassinated. One of the first acts
President Johnson orders is the reversal of the order President Kennedy had made, which
had allowed the printing of United States Notes without interest. Was President Kennedy
assassinated for the same reasons as President Lincoln?
NOVEMBER 26, 1963: Prior to this date the federal reserve notes were a promise to pay
and were redeemable on demand by the bearer for lawful money. After President Johnson's
order to remove the United States notes, the Federal Reserve issued federal
reserve notes without the promise to pay to the bearer on demand lawful money.
Interestingly, the first fifty million no-promise federal reserve notes were shipped
out the same day that President John F. Kennedy was buried.
MARCH 8, 1965: The first troops landed in Vietnam.
1967: The deficit is announced to be twenty five billion dollars.
JUNE 1968: Marked the first time in United States history that a paper currency,
purportedly designated as legal tender, was notdirectly or indirectly redeemable in
silver or gold coin or bullion.
SEPTEMBER 30, 1967: President Johnson submits a record budget of one hundred and eighty
six billion dollars.
JANUARY 29, 1971: President Nixon announces that the deficit is thirty eight billion
seven hundred and eighty three million dollars.
1972: President Nixon announces the federal government will share thirty billion
dollars with State and local governments.
1974: President Nixon announces a fiscal budget of three hundred and four billion four
hundred million dollars.
FEBRUARY 3, 1975: President Ford announces a deficit of fifty one billion five hundred
million dollars.
At the Constitutional Convention Benjamin Franklin felt there was too much

preoccupation with salaries. He therefore addressed the Constitutional Convention:
"Sir, though we may set out in the beginning with moderate salaries, we shall find
that such will not be of long continuance. Reasons will never be wanting for proposed
augmentations; and there will always be party for giving more to the ruler, that the
rulers may be able to return to give more to them. Hence, as all history informs us,
there has been in every State and kingdom a constant kind of warfare between the
governing and the governed, the one striving to obtain more for its support, and the
other to pay less. And this has alone occasioned great convulsions, actual civil
wars, ending either in dethroning of the princes or enslaving the people. Generally,
indeed, the ruling power carries its point, and we see the revenues of princes
constantly increasing, and we see that they are never satisfied, but always in want of
more. The more the people are discontented with the oppression oftaxes, the greater
need the prince has of money to distribute among his partisans, and pay the troops that
are to suppress allresistance, and enable him to plunder at pleasure."
"Sir, the saving of the salaries, that may at first be proposed, is not an object with
me. The subsequent mischiefs of proposing them are that I apprehend. And therefore it
is that I move the amendment. If it is not seconded or accepted, I must be contented
with the satisfaction of having delivered my opinion frankly, and done my duty."
The highly qualified language of Article I 8, cl.2 also repels the clause empowers
Congress "To borrow money on the credit of the United States" only. A forced loan,
however, implies that the government has no credit in the eyes of reluctant lenders,
and that it must compel the latter to part with their money because it can no longer
convince them of its ability and intention to repay full value at a future time.
Davy Crockett, while serving as a Congressman helped fight a fire one night that broke
out in a suburb of Washington. The next morning the Congress voted twenty thousand
dollars to assist those whose homes were destroyed. Crockett voted for it. However, when
he went home he found himself in deep trouble with one of his constituents named
Horatio Bunce. Bunce commended him for the anxiety to help the victims of the fire but
scolded him for using other people's money as "charity." He challenged Crockett to find
where the Constitution allowed Congress to spend one penny of other people's money for
charity. Crockett couldn't think of any such provision. Crockett returned to Congress
and ran into a similar situation. Congress wanted to give a substantial sum to the widow
of a distinguished naval officer who had just died. Crockett took the floor and said:
"Mr. Speaker, I have as much sympathy as any man in the House, but Congress has no power
to appropriate this money as an act of charity. Every member upon this floor knows
it....I am the poorest man on this floor. I cannot vote for this bill, but I will give
one week's pay to the object, and if every member of Congress will do the same, it will
amount to more than the bill asks." Mr. Crocketttook his seat and the bill was defeated
but none of the wealthyCongressman offered to meet his plea to donate one weeks pay
to the widow.
A contemporary of the Revolution, Peletiah Webster said: "Paper money polluted the

equity of our laws, turned them into engines of oppression, corrupted the justice of
our public administration, destroyed the fortunes of thousands who had confidence in
it, enervated the trade, husbandry, and manufactures of our country, and went far to
destroy the morality of our people."
Bruce A. Budlong, the acting director of the special financing staff of the Department
of Treasury said: "The same monetary system that was established on April 2, 1792, is
in effect today."
Jefferson strongly opposed a perennial national debt: "The question, whether one

generation of men has a right to bind another, is a question of such consequences as
not only to merit decision, but place also among the fundamental principles of every
government. The course of reflection in which we are immersed here [France] on the
elementary principles of society has presented this question to my mind; and that no
such obligation can be transmitted, I think very capable of proof. I set out on this
ground, which I suppose to be self-evident: that the earth belongs in usufruct to the
living; that the dead have neither powers nor rights over it. If [one generation]
could charge another with a debt, then the earth would belong to thedead and not to the
living generation. Then, no generation cancontract debts greater than may be paid
during the course of its own existence."
Jefferson said: "I am not among those who fear the people. They, and not the rich, are
our dependence for continued freedom. And to preserve their independence, we must not
let our rulers load us with perpetual debt. We must make our election between economy
and liberty or profusion and servitude. If we run into such debts as that we must be
taxed in our meat and in our drink, in our necessaries and our comforts, in our labors
and our amusements, for our callings and our creeds, as the people of England are, our
people, like them, must come to labor sixteen hours in the twenty-four, and give the
earnings of fifteen of these to the government for their debts and daily expenses;
and the sixteenth being insufficient to afford us bread, we must live, as they now do,
on oatmeal and potatoes; have not time to think, no means of calling the mismanager's
to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains
on the necks of our fellow sufferers. This example reads to us the salutary lesson that
private fortunes are destroyed by public as well as by private extravagance. And this
is the tendency of all human governments. Departure from principle in one instance
becomes a precedent for a second, that second for a third, and so on, till the bulk of
the society is reduced to be mere automatons of misery, to have no sensibilities left
but for sinning and suffering. Then begins indeed the bellum omnium in omnia which some
philosophers, observing it to be so general in this world, have mistaken for the
natural instead of the abusive state of man. And the forehorse of this frightful team
is public debt. Taxation follows that, and in its train wretchedness and oppression."
Ellsworth said during the Convention: "Thought this a favorable moment to shut and bar
the door against paper money. The mischiefs of the various experiments which had been
made were now fresh in the public mind, and had excited the disgust of all the
respectable part of America. By withholding the power from the new government, more
friends of influence would be gained to it money can in no case be necessary. Give the
government credit, and other resources will offer. The power may do harm, never good."
Wilson said during the Convention: "It will have a most salutary influence of the
credit of the United States to remove the possibility of paper money. This expedient
can never succeed whilst its mischiefs are remembered. And as long as it can be
resorted to, it will be a bar to her resources."
Butler said during the Convention: "That paper was a legal tender in no country in
Europe. He was urgent for disarming the government of such a power."
Today the American economy operates under a monetary system which is completely outside
the Constitution. Its fiat money is continually manipulated both in value and in
quantity. [THE MAKING OF AMERICA 1985]
The definition of fiat money is: "money composed of otherwise essentially valueless
things that neither have a commercial use nor constitute a claim against anyone, but do
have a special legal qualification. The money is not the material bearing the stamp as
authority but the stamp alone."
C.C. Pinckney said during the Convention: "That paper money corrupted the morals of the
people; it had diverted them from the paths of honest industry to the ways of ruinous
speculation; it had destroyed both public and private credit, and had brought total
ruin on numberless widows and orphans."
"I apprehend these general reasoning will be found true with respect to paper money:
that experience has shown that, in every state where it has been practiced since the
revolution, it always carries the gold and silver out of the country, and impoverishes
it."
Sherman said during the Convention: "This was a favorable crisis for crushing paper
money. If the consent of the legislature could authorize emissions of it, the friends
of paper money would make every exertion to get into the legislature in order to
license it."
T. Coleman Andrews served as Commissioner of the Internal Revenue Service for nearly
three years in the early fifties. Finally he resigned and made the following
statement: "The income tax is fulfilling the Marxist prophecy that the surest way to
destroy a capitalist society is by steeply graduated taxes on income and heavy levies
upon the estates of people when they die.
As matters now stand, if our children make the most of their capabilities and training
they will have to give most of it to the tax collector and so become slaves of the
government. People cannot pull themselves up by their own bootstraps anymore because
the tax collector gets the boots and the straps as well. The income tax is bad because
it is oppressive to all and discriminates particularly against those people who prove
themselves most adept at keeping the wheels of business turning and creating maximum
employment and high standard of living for their fellow men. I believe that a better
way to raise revenue must be found because I am convinced that the present system is
leading us right back to the very tyranny from which those, who established this land
of freedom, risked their lives, their fortunes and their sacred honor to forever free
themselves."
The American historian George Bancroft said: "History cannot name a man who has gained
enduring honor by causing the issue of paper money. Wherever such paper has been
employed, it has in every case thrown upon its authors the burden of exculpation under
the plea of pressing necessity. Paper money has no hold, and from its very nature can
acquire no hold, on the conscience or affections of the people. It impairs all
certainty of possession, and taxes none so heavily as the class who earn their scant
possession, by daily labor. It injures the husbandman by a twofold diminution of the
exchangeable value of his harvest. It is the favorite of those who seek gain without
willingness t toil; it is the deadly foe of industry. No powerful political party ever
permanently rested for support on the theory that it is wise and right. No statesman
has been thought well of by his kind in a succeeding generation for having been its
promoter."
This is what the Lord had to say about usury in Exodus 22:25:
{25} "If you lend money to one of my people among you who is needy, do not be like a
moneylender; charge him no interest."
Leviticus 25:35-37:
{35} "If one of your countrymen becomes poor and is unable to support himself among
you, help him as you would an alien or a temporary resident, so he can continue to live
among you."
{36} "Do not take interest of any kind from him, but fear your God, so that your
countryman may continue to live among you".
{37} "You must not lend him money at interest or sell him food at a profit."
Deuteronomy 23:19-20:
{19} "Do not charge your brother interest, whether on money or food or anything else
that may earn interest."
{20} "You may charge a foreigner interest, but not a brother Israelite, so that the
LORD your God may bless you in everything you put your hand to in the land you are
entering to possess."
Psalms 15:5:
{5} "Who lends his money without usury and does not accept a bribe against the
innocent. He who does these things will never be shaken."
Ezekiel 18:8:
{8} "He does not lend at usury or take excessive interest. He withholds his hand from
doing wrong and judges fairly between man and man."
Ezekiel 18:13:
{13} "He lends at usury and takes excessive interest. Will such a man live? He will
not! Because he has done all these detestable things, he will surely be put to death
and his blood will be on his own head."
Ezekiel 18:17:
{17} "He withholds his hand from sin and takes no usury or excessive interest. He
keeps my laws and follows my decrees. He will not die for his father's sin; he will
surely live."
Ezekiel 22:12:
{12} "In you men accept bribes to shed blood; you take usury and excessive interest and
make unjust gain from your neighbors by extortion. And you have forgotten me, declares
the Sovereign LORD."
The definition of usury is: "Interest; or premium paid or stipulated to be paid for the
use of money.[Noah Webster 1828] In the Hebrew the word usury means; "interest."
By a preponderance of the evidence; even if you don't recognize the teachings from the
Bible, you cannot deny the mindset of our forefathers that I have laid before you. It's
quite clear they wanted this country to abstain from the use and adoption of paper
money. If you will read the money clauses in
the United States Constitution it will be obvious to you that their intent was to
prevent the use of paper money.
So what happened? The international bankers were able to position men that were
indebted to them in all areas of the government, including the judiciary. Also, with
their unlimited money sources they were able to affect world events including the wars
of the past and up through Desert Storm. Just stop and
think, and look back through history, and you'll see what I'm saying is correct. Am I
laying all the blame on the bankers? Not at all. Their plan could not have succeeded
without the greed of man and his love for money. The internationalist plans are nearly
complete. What are their goals? World domination and the ownership of its people.
"At what point shall we expect the approach of danger? By what means shall we fortify
against it? Shall we expect some trans-Atlantic military giant to step the ocean and
crush us with a blow? Never! All the armies of Europe, Asia and Africa combined could
not, by force, take a drink from the Ohio, or make a track on the Blue Ridge in a trail
of a thousand years. At what point then is the approach of danger to be expected? I
answer, if it ever reach us it must spring up amongst us. It cannot come from abroad.
If destruction be our lot, we ourselves must be its author and finisher. As a nation of
free men, we must live through all times, or die by suicide."(Abraham Lincoln)
"If you will not fight for the right when you can easily win without bloodshed; if you
will not fight when your victory will be sure and not too costly; you may come to the
moment when you will have to fight with all the odds against you and only a small
chance of survival. There may even be a worse case: you may have to fight when there is
no hope of victory, because it is better to perish than to live as slaves." (Winston
Churchill)
Unfortunately this country and its people played a deciding role in their plans.
Without this governments resources and the country's manpower and blind obedience they
could not have succeeded. Our forefathers share the greater share of the blame, because
in their era the balance of power was not so overwhelming in the hands of the
government. Apathy about what the king was doing behindd closed doors has created ou
predicament, past and present.
The government has clearly violated the Constitution and the mind set of our
forefathers regarding the use of paper money. As a result this Country was bankrupted
by 1933 and as a corporation the government defaulted its right to govern; and by
continuing to do so, is operating under color of law. Since that time this country has
received its just reward just like our forefathers predicted. The nation has become
immoral as a result and the taxes unbearable to the middle class and the poor. Because
of the government representatives, who are foreign agents that represent the
international bankers not the Americans, this country is under a Foreign King. This
Nation is still under British rule. The United Nations is a front for the King to
control the world. The United Nations was granted its power by the United States and
other member nations. The Rockefeller's gave the United Nations then land on which it
operates, the United States voluntarily became subservient to the United Nations in
October 24, 1945. It also granted this foreign organization a Title of Nobility, which
is expressly forbidden by the Constitution. This was all done while the American people
sat back and watched in an inebriated state, enjoying the social benefits.
"Everyone wants to live at the expense of the State. They forget that the State lives
at the expense of everyone." (Frederic Bastiat)
Can this government be saved? Doubtful. The slate needs to be wiped clean, and begun a
new with a fresh start. This time without paper money, we need to go back to a gold and
silver standard like our forefathers wanted. You may choose to disagree with the
statements I've made at the end of this paper. But, when this government collapses of
its own accord like our forefathers predicted, and like God Almighty predicted in His
written Word, maybe then you will believe, if you are still alive.
[As a footnote: Jonathan Williams recorded in his book Legions of Satan, 1781, that
Cornwallis revealed to Washington during his surrender that "a holy war will now begin
on America, and when it is ended America will be supposedly the citadel of freedom, but
her millions will unknowingly be loyal subjects to the Crown." Cornwallis went on to
explain what would seem to be a self contradiction: "Your churches will be used to
teach the Jew's religion and in less than two hundred years the whole nation will be
working for divine world government. That government that they believe to be divine
will be the British Empire. All religions will be permeated with Judaism without even
being noticed by the masses, and they will all be under the invisible all-seeing eye on
the Grand Architect of Freemasonry."
Watch for "A COUNTRY DEFEATED IN VICTORY" to be released in early 1994.
JAMES FRANKLIN MONTGOMERY

SUI JURIS

Knowledge Is Freedom

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Knowledge Is Freedom

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9/6/21, 10:43 PM Against the Grain Press - Knowledge is Freedom

Here's what our Lord said about this in Nehemiah 5:4-5:

And in 1 Samuel 8:11-18 The Lord said:

"Those unaware are unaware of being unaware."(Merrill Jenkins)

UNITED STATES TIME LINE IN RELATION TO BANKING AND PAPER MONEY

JUNE-SEPTEMBER 1785: There is a major depression because of unstable paper money

which they oblige him to receive it

JANUARY 27, 1787: Shays rebellion took place because of financial depression.

FEBRUARY 25, 1791: The bank of the United States is chartered.

FEBRUARY 2, 1793: Alexander Hamilton resigns as Secretary of Treasury.

MARCH 4, 1811: The Bank of the United States is closed permanently.

1812-1815: The War of 1812 breaks out with Britain.

DECEMBER 5, 1815: President Madison proposes a second Bank of the United States to

JANUARY 7, 1817: The second Bank of the United States is opened.

SEPTEMBER 11, 1830: The Anti-Masonic party acquires national status by holding a

SEPTEMBER 26, 1831: The Anti-Masonic party holds a national convention in Baltimore.

JULY 3 1832: The Bank bill is approved.

JUNE 1, 1833: The Secretary of Treasury refuses to follow the order of President

MARCH 17, 1834: Representative Gillet, a member of the Banking Select Committee,

MARCH 28, 1834: The Senate approves the criticizing of President Jackson.

JANUARY 30, 1835: There is an attempt to assassinate President Jackson.

JANUARY 23, 1840: A bill establishing an Independent Treasury is proposed by Congress.

JULY 28, 1841: A bill re-establishing a National Bank passes the Senate.

AUGUST 13, 1841: The Independent Act of 1840 is repealed.

AUGUST 16, 1841: President Tyler vetoes the Bank bill.

SEPTEMBER 9, 1841: President Tyler vetoes the second Bank bill.

AUGUST 6, 1846: The Independent Treasury Act is approved.

APRIL 12, 1861: The Civil War starts.

AUGUST 5, 1861: Congress passes the first National income tax.

FEBRUARY 25, 1863: Congress establishes a National Banking system.

JANUARY 1885: The Treasury surplus was up to five hundred million dollars.

JULY 12 1909: Congress passes an amendment to the Constitution authorizing the

JULY 28, 1914: World War One begins.

DECEMBER 8, 1931: The President's Address message to Congress calls for increased

JANUARY 5, 1939: President Roosevelt submits a budget of nine billion dollars to

SEPTEMBER 1, 1939: World War Two Begins.

JULY 28, 1945: The United Nations charter is ratified by the Senate.

MARCH 8, 1965: The first troops landed in Vietnam.

1967: The deficit is announced to be twenty five billion dollars.

At the Constitutional Convention Benjamin Franklin felt there was too much

A contemporary of the Revolution, Peletiah Webster said: "Paper money polluted the

Jefferson strongly opposed a perennial national debt: "The question, whether one

Watch for "A COUNTRY DEFEATED IN VICTORY" to be released in early 1994.

JAMES FRANKLIN MONTGOMERY

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