Lightning Over the Treasury Building by John R. Elsom

Author:John R. Elsom [Elsom, John R.]
Language: eng
Format: epub
Tags: History, Military, Wars & Conflicts (Other), United States, 20th Century, Civil War Period (1850-1877)
ISBN: 9781789124231
Google: bImbDwAAQBAJ
Publisher: Pickle Partners Publishing
Published: 2018-12-01T22:31:10+00:00

The Banker’s Manifest

“Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law THE COMMON PEOPLE HAVE LOST THEIR HOMES, THEY WILL BE MORE TRACTABLE AND MORE EASILY GOVERNED BY THE STRONG ARM OF THE LAW, APPLIED BY THE CENTRAL POWER OF WEALTH, UNDER CONTROL OF LEADING FINANCIERS. PEOPLE WITHOUT HOMES WILL NOT QUARREL WITH THEIR LEADERS. This is well known among OUR PRINCIPAL MEN NOW ENGAGED IN FORMING AN IMPERIALISM OF CAPITAL TO GOVERN THE WORLD. By dividing the people we can get them to expand their energies in fighting over questions of no importance to us EXCEPT AS TEACHERS OF THE COMMON HERD. Thus by discreet action we can secure for ourselves what has been generally planned and successfully accomplished.”

The above was printed from the BANKER’S MANIFEST, for private circulation among leading bankers only, taken from the Civil Servants’ Year Book, “The Organizer” of January, and the “New American” of February, 1934.

So now you know why there are periods, of short duration, when loans are comparatively easy to obtain; why the Bankers call: “COME AND GET IT.” They who can create money by making a bookkeeping entry with a fountain pen, can just as easily destroy the money which they have created. They who have created a period of “easy money” can, with the same facility, create a money stringency.

They will tell you that they wish the Community, State and Nation to be prosperous for, they say, it is during periods of prosperity that the Banks prosper. That is only a half-truth—and a half-truth is the most damnable of lies. It is true that during a prosperous period their money is more readily loaned at interest on satisfactory security, but it is DURING THE SUCCEEDING PERIOD OF DEPRESSION, WHEN MONEY IS MADE TIGHT, THAT THE BANKER REAPS HIS HARVEST BY FORECLOSING ON THE REAL WEALTH OF HIS MORTGAGORS. And the Bankers have an innate desire to “GO IN AND POSSESS THE LAND.” Remember the Bankers’ statement above: “THIS IS WELL KNOWN AMONG OUR PRINCIPAL MEN NOW ENGAGED IN FORMING AN IMPERIALISM OF CAPITAL TO GOVERN THE WORLD.”

It is very difficult for one who does not realize how devastatingly destructive to all the finer human and spiritual instincts of man are the forces of avarice and greed, to believe that a group of supposedly Christian and non-Christian Americans, in whose hands is the power to first expand and then contract credit, with the object of gaining possession of the homes, farms, factories, etc., of their victims, to send them forth homeless and penniless to beg, steal, starve, take the pauper’s oath, or commit suicide—but such are the grim facts of the case.

When the money-creating, interest-gathering, mortgage-holding Bankers go into their huddle and come up with the statement that there is a money shortage in the Nation and that loans must be called and mortgages foreclosed (if not paid) the Nation is about to be put, once again, through the wringer and wrung dry.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.