Upon this capital (commandeered at a petty 6 per cent) and from its
gigantic deposits (conscripted at no per cent) this super-vampire
Federal Reserve System has in a few brief years--after paying
stupendously extravagant expense accounts--piled up an accumulated
pillage of $215,523,000. Do you know or do you know of anybody who does
know--outside the magic circle of Hebraic pawnbrokery pillagement--of
any such banking pillagement for the years 1914-1921, inclusive?
And incidentally these mazuma monarchs have $42,231,240 invested in the
palatial emporiums where they ply their traffic and gild their pills of
pillage--to which reference will later be made.
Why don't you find these facts elsewhere? Why have they been hidden
from you? Why doesn't the "Independent Press"--about as "independent"
as a shackled slave--blazon them forth? Why don't editors of "Fearless
Magazines"--about as "fearless" as a galley slave at the oars--ring
the tocsin of alarm? Learn why here and now. Because in plain
Americanese, they haven't the "guts." These Federal Reserve money
despots have the press of this land "buffaloed" and "hog-tied"--and
"hog"-tied is particularly right too. Through their credit channels
these Federal Reserve despots have a strangle hold on the banks and
on the advertisers of the U.S.A. and the banks and the advertisers
have a strangle hold on the press and there you are! Federal Reserve
propaganda tinted and tainted with the extract of gold is published by
the yard. But the real facts, the interesting details of pillage are
all surrounded by Maxim silencers!
The next chapter will tell you of the Partiality of the Pillage.
CHAPTER VIII
THE PARTIALITY OF THE PILLAGE
HERE is the idea. For reasons best known to themselves Federal Reserve
Oligarchs penalize production and favor parasitism. Who are really
entitled to the largest loans from the huge storage or reservoir of
Federal Reserve money? Why, the real producers of the real wealth, the
agricultural interests in the U.S.A. Have they had it? They have not.
Look at the figures--official, please remember--as of January 1, 1920,
when the Federal Reserve "Drastic Deflation" Drama was beginning to be
staged.
At this time the Federal Reserve Bank of Atlanta was lending to all
its member banks in the States of Georgia, Florida, Alabama and
parts of Louisiana, Tennessee and Mississippi a total of $88,000,000
and had "bought paper" to a total of $16,000,000--and that included
some $10,000,000 which it was loaning to other Federal Reserve
Banks, principally in the North for speculative loans. Mark that
down--$94,000,000 of loans covering that enormous area of production.
Public-domain text, read in full here on John Shaqi.
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