THE Federal Reserve System is the visible hand of the Invisible Empire
picking the pockets of the producers of real wealth. It is the most
leviathan parasite engrafted upon--and grafting on--production in the
world's history. It is an industrial vampire sucking industry's life
blood down its bottomless maw. Its greed is fathomless, its rule is
ruthless and its lust for power is insatiate.
It is openly and avowedly run and managed in the interest of a
so-called "superior class." It has a cynical contempt for the
public--whom it ruthlessly plunders. It believes--and practices the
belief--that it was instituted for the promotion and protection of
superior privileges; that wealth is produced for its exploitation;
that production of values exists for its parasitical plunder; that
Shylockery is a virtue and that the fruits of industry belong not to
its producers but to its despoilers.
Property-owners, property-earners and property-producers are but
its puppets whom it plunders at will. By monopolizing and juggling
money--the mere symbol of wealth--it destroys the value of real wealth.
It has but one interest in the public whom it hypocritically professes
to serve and that interest is expressed in the query "How much will the
people stand?"
There is nothing with which to compare it for it stands alone in the
world's history as the most gigantic plunderbund ever conceived in
predacity's womb. Czardom at its height and Kaiserdom at its zenith
never held a tithe of the real power held by the Federal Reserve
System. It is the perfected fruit and flower of financial high-bindery,
industrial plunderbund and applied Shylockery. Under the cloak and
mantle of the law it reaches forth its paws of predacity and pouches
filcheries which are simply stupendous.
That is briefly what the much touted and saccharinely adulated Federal
Reserve System really is. Abraham Lincoln, the greatest human intellect
which ever functioned on this planet, prophetically drew its portrait
in these words: "It (the Civil War) has been indeed a trying hour for
the Republic; but I see in the near future a crisis approaching that
unnerves me and causes me to tremble for the safety of my country.
As a result of the war, corporations have been enthroned and an era
of corruption in high places will follow and the money power of
the country will endeavor to prolong its reign by working upon the
prejudices of the people until all wealth is aggregated in a few hands,
and the Republic is destroyed. I feel at this moment more anxiety for
the safety of my country than ever before even in the midst of the war.
God grant that my suspicions may prove groundless."
That is the true portrait, drawn by a master hand, of the Federal
Reserve System.
In subsequent chapters you will see the birth of the monster, its
ruthless methods of plunder, its machinery of despoilment, its monopoly
of money and credit, its pawnbrokery and Shylockery and its huge mounds
of pillage.
Public-domain text, read in full here on John Shaqi.
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