(Part one of a need to know  lesson to all the true patriots of this nation)

 BILLIONS for the BANKERS
                                 DEBTS for the PEOPLE

       THE REAL STORY OF THE MONEY-CONTROL
                             OVER AMERICA

                         by  Sheldon Emry

This study on money is not copyrighted. It may be reproduced in
whole or in part for the purpose of helping the American people.


   Americans, living in what is called the richest nation on earth,
seem always to be short of money. Wives are working in
 unprecedented numbers, husbands hope for overtime hours to earn
 more, or take part-time jobs evenings and weekends, children look
 for odd jobs for spending money, the family debt climbs higher, and
 psychologists say one of the biggest causes of family quarrels and
breakups is "arguments over money." Much of this trouble can be
traced to our present "debt-money" system.

          Too few Americans realize why statesmen wrote into Article 1 of the U.S. Constitution

              "Congress shall have the Power to Coin Money and Regulate the Value Thereof "

 They did this, as we will show, in prayerful hope it would prevent
“love of money” from destroying the Republic they had founded

 We shall see how subversions of Article I has brought on us to
the times as they are now.....

            MONEY IS MAN'S ONLY "CREATION"

    Economists use the term “create" when speaking of the process
 by which money comes into existence

 Now creation means making something that did not exist before, 
Lumbermen make boards from trees, workers build houses  from lumber
and factories manufacture automobiles from metal, glass and other materials.

 But in all these they did not “create," they only changed existing material into a
more usable and therefore, more valuable form. This is not so with
money. Here. and here alone, man actually “creates" something
out of nothing.

A piece of paper of little value is printed so that it is
worth a piece of lumber. With different figures it can buy the
automobile or even the house. Its value has been "created" in the true
meaning of the word.

              MONEY "CREATING" PROFITABLE

    As is seen by the above, money is very cheap to make, and
whoever does the "creating" of money in a nation can make a
tremendous profit! Builders work hard to make a profit of 5%
above their cost to build a house.

    Auto makers sell their cars for 1% to 2% above the cost of
 manufacture and it is considered good business. But money
 "manufacturers" have no limit on their profits, since a few
cents will print a $1 bill or a $10,000 bill.

    That profit is part of our story, but first let us consider another
 unique characteristic of the thing—money, the love of which is the
 "root of all evil."

              ADEQUATE MONEY SUPPLY NEEDED

     An adequate supply of money is indispensable to civilized
society. We could forego many other things, but without money
 industry would grind to a halt, farms would become only
self-sustaining units, surplus food would disappear, jobs requiring
 the work of  more than one man or one family would remain undone,
shipping and large movements of goods would cease, hungry people
 would plunder and kill to remain alive, and all government except
family or tribe would cease to function.

     An overstatement, you say? Not at all. Money is the blood of
civilized society, the means of all commercial trade except simple
 barter. It is the measure and the instrument by which one product is
sold and another purchased. Remove money or even reduce the
supply below that which is necessary to carry on current levels of
 trade, and the results are catastrophic. For an example, we need
 only look at America's Depression of the early 1930's.

            THE BANKERS DEPRESSION OF THE 1930's

     In 1930 America did not lack industrial capacity, fertile farm-
land, skilled and willing workers or industrious farm families.

          It had an extensive and highly efficient transportation system in
railroads, road networks, and inland and ocean waterways. Communications
between regions and localities were the best in the world, utilizing
telephone, teletype, radio, and a well-operated government mail system.

           No war had ravaged the cities or the countryside, no
pestilence weakened the population, nor had famine stalked the
land. The United States of America in 1930 lacked only one thing:
an adequate supply of money to carry on trade and commerce.

     In the early 1930's, Bankers, the only source of new money and
credit, deliberately refused loans to industries, stores and farms.
Payments on existing loans were required however, and money
rapidly disappeared from circulation.

 Goods were available to be purchased, jobs waiting to be done,
 but the lack of money brought the nation to a standstill.
By this simple ploy America was put in a "depression" and
the greedy Bankers took possession of hundreds
of thousands of farms, homes, and business properties.

 The people were told, "times are hard," and "money is short."   Not
 understanding the system, they were cruelly robbed of their
 earnings, their savings, and their property.


     MONEY FOR PEACE? NO! MONEY FOR WAR? YES!

    World War II ended the "depression." The same Bankers who
in the early 30's had no loans for peacetime houses, food and
clothing, suddenly had unlimited billions to lend for Army barracks,
K-rations and uniforms!

      A nation that in 1934 couldn't produce food for sale, suddenly
could produce bombs to send free to Germany and Japan!
 (More on this riddle later.)

                              

    With the sudden increase in money, people were hired, farms
sold their produce, factories went to two shifts, mines re-opened,
and "The Great Depression" was over!

 Some politicians were blamed for it and others took credit for ending it
. The truth is the lack of money (caused by the Bankers) brought on the
depression, and adequate money ended it.

The people were never told that simple truth and in this article we will endeavor
 to show how these same Bankers who control our money and credit have used their
control to plunder America and place us in bondage.



           POWER TO COIN AND REGULATE MONEY

     When we can see the disastrous results of an artificially created
shortage of money, we can better understand why our Founding
Fathers, who understood both money and God's Laws, insisted on
placing the power to "create" money and the power to control it
ONLY in the hands of the Federal Congress.

     They believed that ALL citizens should share in the profits of its "creation"
and therefore the national government must be the ONLY creator of money.

They further believed that ALL citizens, of whatever State or Territory, or
station in life would benefit by an adequate and stable currency and
therefore, the national government must also be, by law, the ONLY
controller of the value of money.

                               

    Since the Federal Congress was the only legislative body subject
 to all the citizens at the ballot box, it was, to their minds, the only
safe depository of so much profit and so much power.

They wrote it  out in the simple, but all-inclusive:
"Congress shall have the Power to Coin Money and Regulate the Value Thereof."


               HOW THE PEOPLE LOST CONTROL
                     TO THE FEDERAL RESERVE

    Instead of the Constitutional method of creating our money and
putting it into circulation, we now have an entirely unconstitutional
system. This has resulted in almost disastrous conditions, as we
 shall see.

    Since our money was handled both legally and illegally before
 1913, we shall consider only the years following 1913, since from
that year on, ALL of our money has been created and issued by an
illegal method that will eventually destroy the United States if it is
not changed.


      Prior to 1913, America was a prosperous, powerful,
and growing nation, at peace with its neighbors and the envy of the
world. But—in December of 1913, Congress, with many members
away for the Christmas holidays, passed what has since been known
as the FEDERAL RESERVE ACT.

 (For the full story of how this in-famous legislation was forced through
 our Congress, read Conquestor Consent, by W. B. Vennard).

       Omitting the burdensome details, it simply authorized the establishment of
 a Federal Reserve Corporation, with a Board of Directors (The Federal Reserve Board)
to run it,  and  the  United  States  was  divided  into  12  Federal  Reserve "Districts."


    This simple,  but terrible,  law completely removed from
Congress the right to "create" money or to have any control over its
"creation," and gave that function to the Federal Reserve Corporation.


    This was done with appropriate fanfare and propaganda that
this would "remove money from politics" (they didn't say "and
therefore from the people's control") and prevent "Boom and
Bust" from hurting our citizens.

     The people were not told then, and most still do not know today, that
the Federal Reserve Corporation is a private corporation controlled by bankers
 and therefore is operated for the financial gain of the bankers over the people
 rather than for the good of the people.

 The word "Federal" was used only to deceive the people.

          MORE DISASTROUS THAN PEARL HARBOR

   Since that "day of infamy," more disastrous to us than Pearl
Harbor, the small group of "privileged" people who lend us "our"
money have accrued to themselves all of the profits of printing our
money—and more!

        Since 1913 they have "created" tens of billions of dollars in money and
credit, which, as their own personal property, they then lend to our government
and our people at interest.

"The rich get richer and the poor get poorer" had become
 the secret policy of our National Government. An example of the
process of "creation" and its conversion to people's "debt" will aid
our understanding.

TO BE CONTINUED .......

STAY TUNED  NEXT TIME FOR PART 2.......

THEY PRINT IT----- WE BORROW IT AND PAY THEM INTEREST