THE ROTHSCHILD MONEY TRUST
BY ANDREW FABIUS
THE ROTHSCHILD MONEY TRUST
By ANDREW FABIUS
Price, \$1.00 Address: P. O. Box 1923. San Antonio, Texas
DEDICATION
This book is respectfully dedicated, without permission, to the following patriots, who despite calumny and persecution, have boldly proclaimed the truth regarding the Jewish menace, viz: Henry Ford, Rev. Chas. E. Coughlin, Congressman J. Thorkelson, Rev. Gerald B. Winrod, Chas. B. Hudson, Robert E. Edmondson, James True, General George Van Horn Moseley, Col. E. N. Sanctuary, Wm. Dudley Pelley, and others. If our country is saved from revolution and our republican form of government is preserved it will be due largely to the educational work of these brave men.
INDEX
Dedication.
Preface.
| The Rothschild Empire. |
_ |
| Till an |
Pag |
| The Protocols |
- |
| The Protocols are Authentic |
- 1 |
| The Jews' Defense |
. 1 |
| Mayer Amschel Rothschild, First King of the Jews |
3 2 |
| The Rothschild Dynasty |
- 2 |
| The Wealth of the Rothschild Family |
. 3 |
| The Mighty Rothschild Power |
- 4 |
| The Kept Press |
. 4 |
| The Murder Gang |
. 5 |
| World War I |
. 5 |
| League of Nations |
- 6 |
| Gold |
. 7 |
| World War II |
. 7 |
| Our Despot of the Blood of Zion |
. 8 |
| Our Undeclared War Against Germany |
. 8 |
| Plan of Mobilization |
. 9 |
| The Subjugation of America. |
|
| Franklin D. Roosevelt |
. 10 |
| The Reds in the Saddle |
. 11 |
| Report of the Dies Committee |
. 11 |
| Corruption, Everywhere Corruption. |
. 12 |
| Federal Reserve System. |
. 13 |
| Deflations of 1920 and 1930 |
13 |
| Deflation of 1937 |
. 14 |
| "On Our Way" (Whither?) |
14 |
| Liars and Thieves |
. 15 |
| MISmanaged Currency |
. 16 |
| Bankruptcy |
. 16 |
| Poverty and Despair |
. 17 |
| America Enters the War |
. 18 |
| Skulduggery |
. 18 |
| Party Government |
. 19 |
| "King Franklin, 1st" |
20 |
| Traitors |
20 |
| Slavery |
29 |
| No. 1 |
22 |
| No 2 |
22 |
|
The Protocols The Protocols are Authentic. The Jews' Defense Mayer Amschel Rothschild, First King of the Jews The Rothschild Dynasty. The Wealth of the Rothschild Family. The Mighty Rothschild Power. The Kept Press. The Murder Gang. World War I. League of Nations. Gold World War II. Our Despot of the Blood of Zion. Our Undeclared War Against Germany. Plan of Mobilization. The Subjugation of America. Franklin D. Roosevelt. The Reds in the Saddle. Report of the Dies Committee. Corruption, Everywhere Corruption. Federal Reserve System. Deflations of 1920 and 1930. Deflation of 1937. "On Our Way" (Whither?) Liars and Thieves. MISmanaged Currency Bankruptcy Poverty and Despair America Enters the War Skulduggery Party Government "King Franklin, 1st". Traitors Slavery No. 1. No. 2 |
PREFACE
Mayer Amschel Rothschild, the founder of the Rothschild fortune, at the time of his death in 1812, created a trust of his estate, by will, for the elevation of the Jewish race and the establishment of a Jewish World Empire. The cardinal principles of the trust were secrecy, that the estate should be kept intact as a unit, that the heirs and their heirs should have only a communal interest in it, and that the estate as a whole should be governed by the eldest son of the eldest son unless a majority of the heirs determined otherwise.
The estate has been preserved and managed since his death as a unit in pursuance of the provisions of his will. There are now several hundred heirs, for the family is a prolific one, but the estate is communal and still under the management of one head. So far as known, the provisions of the wills of the members of the family still contain in substance the directions of the founder of the fortune.
We do not know the extent of the founder's fortune at the time of his death in 1812, nor do we know the present magnitude of it, but apparently it represents about one-half of the wealth of the world.
This huge fortune has been devoted with great shrewdness and energy to the purpose of exploiting the Gentiles in all the countries of the globe. The methods employed are the manipulation of currencies, speculations on the exchanges, and wars. The Rothschilds by these operations profit enormously because they have the power by virtue of their immense wealth and po-
This book is not written in a spirit of anti-Semitism, for I have Jewish friends that I do not wish to injure. It is written in the hope that it may be helpful in solving our Jewish problem peaceably and by appropriate legislation. To the extent that the remedies herein suggested may contribute to that end they will be helpful to the Jews as well as to the balance of us, for it is certain that the people of this country will never meekly submit to slavery.
In writing and publishing this book I am inspired by no other motive than to render a service to my country. I realize that I am taking some risk in doing so—at least that of persecution. Adequate provision has been made for the publication and distribution of this book regardless of the author.
A. F.
PART I
THE ROTHSCHILD EMPIRE
I.
"For ages past the sons of Israel, despised and persecuted, have been working to open up a path to power. They are hitting the mark. They control the economic life of the accursed Christians; their influence preponderates over politicians and over manners."—From "Funeral Oration of Rabbi Reichhorn."
Professor Serge Nilus of Russia published the Jewish "Protocols" in 1905. They purport to represent the minutes of secret meetings of the leading men of the Jewish race, and to set forth their plans for acquiring the wealth of the peoples of the world, for the overthrow of all governments, and for the creation of the Kingdom of the Jews with a Jewish king. It is stated in the introduction of the booklet that the protocols means "minutes of the proceedings of the Learned Elders of Zion and that these protocols give the substance of addresses delivered to the innermost circles of the rulers of Zion."
It is also stated that "the presumption is strong that the protocols were issued or re-issued at the first Zionist Congress held at Basle (Switzerland) in 1897 under the presidency of the father of modern Zionism, the late Theodore Herzl." It is also stated that the names of the present elders are a profound secret, that they are the "Hidden Hand" that rules the world, and that they probably consist of "three hundred men, each of whom knows all of the others, govern the fate of the European continent, and they elect their successors from their entourage." (Quoting the late Walter Rathnau, a Jew of Germany, as authority.)
The "Learned Elders of Zion" was probably a religious order in the beginning, as indicated by the name. But if such was the original foundation of the order, its character, and likewise its name, has since been changed. It is now purely a political racial organization and its present name is the "Council of the Jewish Agency." It is likely that the name was changed on account of the exposure by Nilus.
It is also to be distinguished from the ancient Jewish Symarium or San Hedrin which was the supreme judicial and administrative authority during the reign of the Roman Herod, when Christ was crucified. It was composed of their "Chief Priests, rulers, scribes, and Elders." and was at that time the supreme judicial and political Jewish authority.
A recent convention of the "Zionist Congress" was held in Zurich, Switzerland, for the purpose of considering the partition of Palestine, which was attended by 480 delegates, from all countries. It appears from the proceedings of this convention that Professor Chaim Weinzmann, formerly of Russia but now of England, was re-elected as president of this international congress; that Rabbi Wise of New York is president of the American branch; that an executive committee of eleven was appointed with full authority to act; that the "Zionist General Council" was increased from 54 to 70, the additional members being appointed by the convention.
It appears also from the proceedings of this convention that it defined the policy of the Zionist Church toward the partition of Palestine, subject to the approval of the "Council of the Jewish Agency," the final authority—the present "Learned Elders of Zion," the secret three hundred, the "Hidden Hand." It appears also that the Royal Commission of the British Government made its report regarding the partition of Palestine to Lord Rothschild as a member of the "Council of the Jewish Agency" and not to Professor Weinzmann as the head of the "Zionist Congress." It appears also that the reason therefor is the fact that the "Council of the Jewish Agency" is the authorized agency of the Jewish race—sectarian and non-sectarian.
Thus the supreme authority of this "Jewish Agency" is officially recognized by both the British Government and the Zionist Congress, although the latter is composed of regularly elected delegates from all countries of the world. What is it? Who are its present members? By what authority does it act? What are its purposes? And why all of this secrecy if its purposes are honest and legitimate? We cannot know much about this order because of its secret character and its secret methods. We know that Lord Rothschild was until his recent death a member of it, and that Lord Melchett of England is now said to be its chairman. We may assume that the Rothschild family have dominated it since the time of Amschel Rothschild. It is the government of the financial power of the Jewish race that rules the world, including America. It is the cabal of the leading Jewish bankers and politicians who were formerly called the "Elders of Zion" and now the "Council of the Jewish Agency."
Whatever may have been the original character and purposes of the "Learned Elders of Zion" there can be no doubt about the fact that there was such an organization, that it now exists in some form, and that it is seeking to carry out the program set out in the protocols and according to the plan of the protocols. There is no other explanation of the secret "Council of the Jewish Agency" and its achievements. There is no other explanation of the Versailles peace treaty, the League of Nations, the Bank of International Settlements, the International Labor Board, the deliberate impoverishment of the people of the world by the manipulations of the Elders, and for the present wars and past wars. This is all a definite program with a definite purpose, and that program and purpose are truly set out with brutal frankness in the protocols.
II.
The Protocols Are Authentic
The Jews, of course, deny the authenticity of the Protocols. It is natural that they should do so. To admit it would be to defeat the purposes of their scheme. Moreover, the plan itself calls for such secrecy and duplicity.
The program is so cruel, so inhuman, so diabolical, and the objects to be accomplished appear so fantastic and remote that it is difficult to believe that this program still obtains. It should, however, be remembered that since the publications of the protocols a great and powerful nation, Russia, has been conquered by a handful of Jews; that Kuhn, Loeb & Co., Paul Warburg, and other Jews, financed the coup de etat by which the Jews secured control of the Russian government; and that the cruel and inhuman methods set out in the protocols were followed mercilessly in Russia by its Jewish government. It should be also remembered that the Jewish Second and Third Internationals of Russia are now actively organizing the forces of communism in every country of the world, including our own.
As cruel and inhuman and incredible as are the protocols, they are no more so than the Talmud, whose authenticity the Jews admit. In fact the spirit and philosophy of the protocols permeate the Talmud, and vice versa. They are both founded upon the false premise that the Jews are a superior people and that they are the "chosen" people. They both breathe the same hatred and contempt for the Christian Gentile whom they call the 'goyim.' They both not only justify but advocate the exploitation and enslavement of the despised 'goyim.'
"The life of a Goi and all his powers belong to a Jew." (A. Rohl. Die Polem. p. 20)." (P. 71).
"In Choschen Ham. (266.1) it says: 'A Jew may keep anything he finds which belongs to the Akum, for it is written: Return to thy brethren what is lost (Deuter. XXII, 3). For he who returns lost property (to Christians) sins against the Law by increasing the power of the transgressors of the Law." (P.72).
"In Midrasch Talpioth (fol. 225d) it says: 'God created them in the form of men for the glory of Israel. But Akum were created for the sole end of ministering unto them (the Jews) day and night. Nor can they ever be relieved of this service. It is becoming to the son of a king (an Israelite) that animals in their natural form, and animals in the form of human beings should minister unto him'." (P. 50).
"And in Eben Haezer (44,8): 'If a Jew enters into marriage with an Akum (Christian), or with his servant, the marriage is null. For they are not capable of entering into matrimony. Likewise if an Akum or a servant enter into matrimony with a Jew, the marriage is null'." (P. 51).
Many of these dicta are ancient but have never been repudiated or repealed and the spirit of them still prevails. They still constitute the law for the Jews, both civil and ecclesiastical. The Talmud is made up of the decisions and interpretations of the rabbis, in the same manner that our common law has been formed by our judges and commentators. No matter how ancient the dictum, it is the law until overruled by a contrary one.
*Encyclopedia Britannica, Vol. 23, p. 38.
†"The Talmud Unmasked" by Rev. I. B. Prainatis, Copyrighted by Col. E. N. Sanctuary, 156 Fifth Avenue, New York, N. Y.
The Jewish Encyclopedia, Vol 4, p. 294-296, defines the rabbis' functions as follows:
"Rabbi (my master); function to teach the scriptures and the oral and traditional laws . . . In the Jewish religion the rabbi is no priest, no apostle, he has no hierarchical authority. He is a teacher, one who unfolds and explains religion, teaches the young in the school, the old from the pulpit, and both by his writings."
The reader should observe the intermingling of their civil and religious laws. Both appear to be based on their interpretation of the old testament (see reference to Deuter. XXII, 3 above). They are so confused that it is impossible to determine where their religion ends and their civil law begins.
It is clear, however, that both in a civil and religious sense they regard themselves as a "chosen" people, a superior race who are entitled to rule us (the 'goyim'), and are entitled to our services and to everything we have. We Gentiles were created for the purpose of serving them, of being their slaves. Although in the form of "human beings" we are no better than animals. We are not worthy of marrying one of them, either man or woman, and if we do, such marriage is illegal and void. They have adhered to this law rather religiously throughout the ages and in all countries.
The author sums up their estimate of us (the goyim) as follows:
The following are samples of their estimate of Christians and of our Savior, Jesus Christ:
"In Hilkhoth Akum" (X, 1) it says: 'Do not eat with idolaters, nor permit them to worship their idols; for it is written: Make no covenant with them, nor show mercy unto them (Deuter. ch. 7); 2). Either turn them away from their idols or kill them.'
*The Talmud Unmasked P 46
The author sums up their verdict as follows:
The Christian religion is everything the Talmud is not, and the Talmud is everything the Christian religion is not; it and its devotees are the anti-Christ. We have the spectacle now of a Jewish rabbi, a Catholic priest and a Protestant preacher going about over the country at Jewish expense preaching tolerance; a virtue that is utterly foreign to the Jewish religion and the Jewish character.
The chief priests and rabbis who wrote the various and numerous dissertations set forth in the Talmud could have written the protocols. They are of kindred nature and expression; they are made of the same cloth and patterned in the same fashion.
We prefer to think that the Talmud and the protocols misrepresent the viewpoint of the Jews that we know and with whom we come in daily contact, and that may be true of many of them. However that may be, we know that the Jews hold themselves as a race apart and that they adhere religiously to their ancient racial customs and rituals and organizations. We know also that they blindly "follow the leader," and that their rabbis and Learned Elders are their leaders. They believe in their
†p. 83.
† P. 36
Talmud and obey its edicts—indeed they must do so or suffer racial ostracism; and they worship the Rothschilds and the Rothschild power that rules them.
It may be conceded that the Jew is more shrewd and cunning, and a better trader and manipulator of money than the Gentile—but that represents the limit of his superiority and achievements. The Jew has contributed but little to science, invention, art, to the wealth of nations, or to the advancement of civilization.
I hope that I am not intolerant and anti-Semitic, but I confess that I have no patience with a religion that denounces Christ as a bastard, an imposter and a cheat, and that glories in his crucifixion; and I am against a race that holds me as an inferior being and seeks to enslave me. I nevertheless wish to be fair and just, as well as candid and plain-spoken, in my discussion of the subject.
III.
The Jews Defense
The Liberty Magazine (Feb. 10 and 17, 1940) published two articles under the heading "The Jews and Free Masonry—Exploding the Myth of a World Conspiracy," written by Louis B. Davidson and Frederic L. Collins. These articles represent the flimsy and threadbare defense of the Jews that has been published from time to time in various forms. They purport to contain a synopsis of the testimony given in the trial at Berne, Switzerland, where the trial court found the defendant booksellers guilty and declared the protocols to be "forgery, plagiarism, and obscene literature."
There is some historical truth in this story, mixed as it is with much that is false, but the conclusions based upon this admixture are wholly false. It is true as they assert, that "there is no international organization of Free-masonry, and the organization of each nation is independent of all others." The continental masonry is composed wholly of Jews and hybrids. While the Jews are permitted to be masons in America (Catholics are excluded), they do not dominate the order and it is not a racial one and is not communistic. It is a non-political fraternal benevolent organization, while continental masonry is a political, malevolent one.
No one claims, except the authors of these articles, that "the noble order of Freemasons should be drawn into this campaign or calumny," or "links free masonry with world Jewry in a mythical conspiracy to rule the world." It is admitted, as these authors allege, that the "Illuminati" founded by the Jew Adam Weishaupt was a branch of the continental masons and that "the chief aim of this organization . . . was the destruction of all forms of religion, government, property, marriage, and all
It is also admitted, as they allege, that the Illuminati "played a major role in bringing on the bloody days of 1789 (French Revolution), that it was founded and reputedly financed by Jews," and that the "great House of Rothschild was then just rising to the financial heights." There is evidence that it was in fact financed by the "great House of Rothschild;" and the French revolution was in fact brought about by the Jews. It was the final act that freed the Jews from their political and civil disabilities in France.
It is also true, as they allege, that the "Kerensky government in 1917 confiscated the entire issue (of the protocols) except one volume which had been sent to the British museum. It is said that the Jew Kerensky not only destroyed all of the copies to be found in Russia but that every Gentile found in possession of one was murdered. What stronger proof of guilt could there be? Men do not fear lies and forgeries; it is the truth that the guilty always want to suppress.
The copy that was sent to the British Museum was translated by Victor Marsden, a representative of the London Morning Post, who had previously resided in Russia for many years. It is true, as they allege, that the protocols have been translated into French, Italian, Arabic, German, Japanese and Scandinavian languages. It is said that their circulation is second only to that of the bible.
I have no means of knowing whether the protocols are responsible for the pogroms in Russia, as detailed in the articles mentioned. They have undoubtedly created a profound impression throughout the world, which is evidence that people believe them despite the Jewish control of the press, and their ridicule and their denials.
not tell us what the Jewish owners did to this "alarmed editor." They probably crucified him.
It is not true that Nilus was a "briefless avocat" in Russia and it is not true that he wrote the protocols to "find favor with the Grand Duchess Elizabeth." Even the authors of the Liberty articles do not vouch for this fantastic story. Why then mention it? On the contrary, Nilus was a reputable educator and author of unimpeachable integrity. He believed that the "Hidden Hand" was the author of the protocols, and such was also the belief of Victor Marsden the translator, and such is also the belief of millions of people in all countries.
Assuming that the authors have correctly quoted the various paragraphs from "Maurice Joly's Dialogues in Hell," it must be admitted that there is evident plagiarism by the real author of the protocols. But that does not prove that Nilus was the plagiarist. If the "dialogues in hell" truly represented the hellish plans of the Elders it is but natural that they should adopt them and use them. In that case they are the plagiarists.
She was asked, "Could you describe Golovinsky's draft?" She replied, "Yes, as he kept reading passages to me I became familiar with the entire script. He later showed me the completed manuscript. It was identical with the Protocols of Zion, which I later saw in the various Nilus editions. It was written in French in a variety of handwritings. It was on yellowish paper; there was a big circular blue ink blot on the first page."
"This description was confirmed by the Count du Chayla, who described the text as unidiomatic and showing every sign of having been written by a foreigner on cheap yellowish paper—and said that on the first page was a circular ink blot."
The decision of the Bern trial court was reversed by the appellate court, which the said Liberty authors failed to mention. This reversal is not surprising in view of the utter lack of competent and credible evidence. It should be also remembered that the Jews selected their own court in which to file their suit. It is a cinch that they selected a Jewish or pro-Jewish one. They wanted to be able to proclaim to the world, as they do, that the courts have adjudged that the protocols are spurious.
In passing judgment on the Jews and their denials, it should always be remembered that the Talmud enjoins them to deceive the Christians, to lie to them and to cheat them. It is their law and their religion, and it is the part of it that many of them observe industriously and enthusiastically. We "goyim" are as dumb and gullible as they believe us to be if we accept such flimsy explanations at par.
The succeeding chapters of this book will prove conclusively that the "Learned Elders of Zion"—the present Council of the Jewish Agency are now ceaselessly and relentlessly pursuing their ancient plan to enslave the people of the world and to establish their world empire. There can be no proof of such a secret conspiracy other than by its fruits. There can be no explanation of current events or of the worlds history for the past 150 years except the machinations of the financial power that has governed it during that period of time.
It will be hereafter proven with reasonable certainty that the protocols contain the law of the Rothschild money power that now rules every country of the world, including our own. The protocols are the "law of our bank" to which Rabbi Reichhorn referred in his funeral oration (see Appendix II). They are the law of the Bank of England, the Bank of France, the New York Federal Reserve Bank, the Washington Federal Reserve Board, J. P. Morgan & Co., and Kuhn, Loeb & Co., and of N. M. Rothschild & Sons and of Georges Mandel (Jeroboam Rothschild).
They are the key that explains the political maneuverings of this malign power. When it is once clearly understood that
It should be observed that the protocol quoted at the beginning of this chapter states that there are two kinds of masonry, viz: "secret masonry" and "show masonry;" that the "aims" of the secret masonry are known only to themselves and that they are not even suspected by the "goy cattle" who compose the "show masonry."
IV.
Mayer Amschel Rothschild First King of the Jews
-From Protocol 17.
MAYER AMSCHEL ROTHSCHILD, I-1790-1812.
There is much obscurity in the history of the Rothschild family, due to the fact that their operations are always secret and the historians are either Semitic or anti-Semitic, the majority being Semitic. The conclusions here presented are based principally on Jewish or pro-Jewish history. I shall quote liberally from the Jewish Encyclopedia because it was, as stated in its preface, "prepared by more than 400 scholars and specialists" all of whom were Jews.* It was published in 1905 and re-published in 1909. While it is a partisan history, it is on the whole, accurate in its statements of fact—it at least presents the Jew version of the facts.
"In a latter connection (money lender) he became an agent of William IX, Landgrave of Hesse-Cassel, who on his father's death in 1785 had inherited the largest private fortune in Europe (estimated at \$40,000,000) derived mainly from the hire of troops to the British government for the putting down of the revolution in the United States . . . After the battle of June in 1806 the Landgrave fled to Denmark, leaving 600,000 pounds (about \$3,000,000) with Mayer Rothschild for safe keeping."
It states further:
"According to legend this money was hidden away in wine casks and escaping the search of Napoleon's soldiers when they entered Frankfort, was restored intact in the same casks in 1814 when the elector returned to the electorate. The facts are somewhat less romantic and more business-like."
*Jewish Ency. Vol. X, p. 499 et seq.
The facts are entirely "less romantic and more business-like," (from the Jewish standpoint). Mayer Amschel Rothschild embezzled the money. This money was tainted from its very origin. It was paid by the British government to the Landgrave for the services of his soldiers, used to suppress the American revolution, and the soldiers were morally entitled to it. It was first embezzled by William of Hesse and then by Mayer Amschel.
Instead of putting the money in wine casks, Mayer Rothschild sent the entire sum, with his son Nathan, to London, and then and there established the London branch of the family.
"Nathan . . . invested it in 800,000,000 pounds of gold from the East India Company, knowing that it would be needed for Wellington's peninsula campaign. He made no less than four profits: (1) on the sale of Wellington's paper (which he bought at 50c on the dollar and collected at par); (2) on the sale of gold to Wellington; (3) on its re-purchase; and (4) on forwarding it to Portugal. This was the beginning of the great fortune." (p. 494).
This was indeed much "less romantic and more business-like." With this vast sum of money, branches of the House of Rothschild were established in Berlin, Paris, Vienna and Naples, with one of the brothers in charge of each of them. All of these houses were exceedingly prosperous, particularly the London and Paris branches
The founder of this huge fortune, Mayer Amschel Rothschild, established four fundamental principles for its government, which the sons and their descendents have observed, viz:
- (1) The eldest son of the eldest son to be the head and ruler of the fortune. He became the head by virtue of his seniority unless the majority of the members of the family decided otherwise. There have been only two exceptions to this rule so far as revealed by history, and that was the appointment of Nathan, the third son of Mayer Amschel, as its head, and later the appointment of James the fifth son. By reason of his achievements Nathan was appointed the head of the fortune upon Mayer Amschel's death in 1812.
- (2) The inter-marriage of cousins. This was for the pur-
pose of preserving the family fortune intact and in the family. This rule has not been strictly observed, particularly by the female members of the family, due no doubt partially to rebellion on the part of some members of the family and partially to the fact that other Jews have become very rich and by reason of marriage the family fortune has been enhanced rather than depleted.
"The number of marriages between cousins in the late history of the family is remarkable . . . Of 58 marriages, 29, or exactly one-half, have been between first cousins. It is noteworthy that these marriages have been fertile and that most of the children have been girls, which is what is anticipated by biological science."
(3) The unity of the family fortune and its concealment. No copy of Mayer Amschel's will has been published by any of the historians of the family. All that we are permitted to know about it is what the historians say of it, by the record of the family and by the reference to it in the will of one of his grandsons, Anselm, of Vienna. It contains the following provision:
(4) A perpetual family partnership. At the time of Mayer Amschel's death, his entire estate was in the form of a partnership composed of himself and his five sons, each having an equal interest, under the firm name of M. A. Rothschild & Sons. Both the partnership agreement and Mayer Amschel's will provided that the partners and their male descendants should forever constitute the firm and manage it. The will provided also that the female members of the family and their heirs and husbands should have no part in the management of the firm and that they should receive their interest in the estate subject to the management of the male members; and that if any of them should con-
test this arrangement that they would lose their interest in the estate.
Originally the partnership agreement provided that no important decision should be made without the approval of all the partners. As the fortune grew in magnitude it became impractical to hold partners conferences upon its numerous undertakings. It is probable that Nathan's firm was organized in part to meet that situation and for the purpose of separating the activities of the London house from those of the continental houses.
It was probably Mayer Amschel's purpose in the beginning to establish a Jewish dynasty with his male descendants as rulers. Whether that was his purpose or not, it was the effect of his will. He established the kingdom of the Jews that has since been governed by his male descendants. Wherever a Jew is located, whatever nationality he may claim, he is a subject of this kingdom; his allegiance and duty to it supersedes his allegiance and duty to the country in which he dwells.
ristamin. \$ (
At the time of Mayer Amschel's death he was by far the richest man in the world or that had ever lived. The magnitude of his fortune at that time is unknown. It was growing by leaps and bounds at such a rapid rate that it probably could not be estimated. He knew the power of money and the wisdom of secrecy. He believed with religious fervor that the Jews were the "chosen people" and that God had promised them that they should rule the world.
the publication of the protocols in 1905. Herzl was an active, ambitious Jewish rabbi-politician and an intense hater of the Gentiles. He was given credit for organizing modern Zionism at a conference of the leaders of the Hebrew race in Basle, Switzerland, in 1897. It is thought that at that time and at that meeting some of the protocols were adopted as precepts for the establishment of the contemplated Jewish empire.
Herzl probably organized two important Jewish organizations: (1) a secret super-organization to be composed of 300 men whose identity should be kept secret and who would constitute the super-government for the Jewish race; (2) a popular religious organization to be composed of 450 delegates selected by the rabbis and the Hebrew churches.
At that time the Rothschild estate had grown to enormous proportions but the family had grown soft with luxury and had deteriorated by inbreeding. Moreover the fortune at that time had already effected the emancipation of the Jews and established the Rothschild kingdom. Apparently it then had the power under efficient management to establish a Jewish empire. Apparently also the management of the vast political power of the estate needed to be reinforced with outside blood. It is likely that at that time and through Herzl's activities, the Secret Committee of 300 was established for the management of the political power of the huge estate with the consent of the Rothschilds. It is known that Theodore Herzl was an intimate personal friend of Lord Rothschild, II.
The protocols themselves, or the gist of them, appear to have existed for a long period of time prior to their publication in 1905. In fact the intent and purpose of them are in substance contained in the Talmud. They were also in substance stated in 1869 in the Funeral Oration of Rabbi Reichhorn (set out in Appendix II). They evince a clear conception of the weakness of Gentile governments and institutions, and the best method to attack and destroy them. They set out the most effective method of establishing a dictatorship of the proletariat, which is the first step toward world empire.
The protocols themselves describe in great detail the powers of the King-Despot of their proposed empire, and the objectives of such empire. Stated briefly they are the absorption of the wealth of the Gentiles and their slavery, both politically and economically. They have already accomplished the debt slavery of the goyim; their present objective is his political slavery.
The Rothschild Dynasty
King Amschel Rothschild I, was succeeded upon his death by his third son, Nathan, of London, on account of his uncanny and unscrupulous financial ability, and because of his achievements. He had, prior to Amschel's death, established the private banking house of N. M. Rothschild & Sons, and added enormously to the family fortune. It appears that the elder brother, Mayer Amschel, jr., who continued in charge of the Frankfort branch, recognized the superior qualifications of Nathan and was willing to waive his right by virtue of primo geniture. Nathan was therefore chosen by the four brothers as his father's successor.
KING NATHAN ROTHSCHILD II.—1812-1836.
Nathan married the sister-in-law of Moses Montefiore, "thus coming into association with the heads of the Sephardic community then ruling the financial world of London through their connection with Amsterdam."* Nathan is described by the historian John Reeves, a Rothschild partisan, as being a very shrewd, unscrupulous and uncouth man, and exceedingly close-fisted. He says that "he never paid his employees a farthing more than was necessary for their bare subsistence or at least not a farthing more than they could compel him to pay."**
The Jew, Benjamin Disraeli, in his novel "Coningsby," denominates Nathan and also his son Lionel as "Sidonia." He says of the elder "Sidonia":
"He arrived here (London) after the peace of Paris with his large capital. He staked all that he was worth on the Waterloo loan and the event made him one of the greatest capitalists in Europe . . . He reaped the due reward of his sagacity. Europe did require money and Sidonia was ready to lend it to Europe. France wanted some, Austria more, Prussia a little, Russia a few millions; Sidonia could furnish them all. The only country which he avoided was Spain; he was too well acquainted with its resources."
*Jewish Ency., Vol. X, p. 494.
**"The Rothschilds,—Financial Rulers of Nations."
Disraeli says of him further:
"He established a brother or a near relative in whom he could confide, in most of the principal capitals. He was lord and master of the money markets of the world and of course virtually lord and master of everything else. He literally held the revenues of southern Italy in pawn, and monarchs and ministers of all countries courted his advice and were guided by his suggestions."
"One cause of his (Nathan's) success was the secrecy with which he shrouded, and the tortuous policy with which he misled those who watched him the keenest." (P. 189).
The historian Reeves describes vividly how upon Nathan's return from near the battle of Waterloo (the Jews are usually observers of battles, not participants), he went post haste to the English Channel and there hired a boat at excessive cost and crossed the English channel in stormy weather, and from there rushed to the London stock exchange, appearing muddy and dejected, where he passed out the word that Wellington had been defeated at Waterloo, and reinforced this by ostentatiously dumping stocks on the market. This created a great panic upon the exchange and everybody dumped their stocks at sacrifice prices. In the meantime Nathan, through his agents, was secretly buying them.
This is precisely the method that the Rothschilds have followed since, and is one of the methods by which they have amassed their huge fortune. "Nathan boasted that he had multiplied their capital 2500 times in the course of five years."*
*"The Rothschilds, Financial Rulers of Nations," p. 167.
Nathan established the private banking firm of N. M. Rothschild & Sons in London, with branches in Paris, Berlin, Vienna and Naples. This firm operates on the exchanges, underwrites government and other loans; it is the agent and manager of banks, railways, steel, munitions, and other corporations. It has branches under many names. In America it is represented by Kuhn, Loeb & Co., and formerly by August Belmont & Co. It is probable also that J. P. Morgan & Co., Seligman & Co., Speyer & Co., Lehman & Co., and other private Jewish banks are its under-cover branches.
"He perceived himself a lone being, alike without cares and without duties; his religion walled him out from the pursuits of a citizen . . . He was a man without affections . . . The only human quality that interested 'Sidonia' was intellect . . . No minister of state had such communication with secret agents and political spies as Sidonia; he held relations with all the clever outcasts of the world. The catalogue of his acquaintance in the shape of Greeks, Armenians, Moors, secret Jews, Tartars, gypsies, wandering Poles and Carbonari, would throw a curious light on those subterranean agencies of which the world in general knows so little, but which exercise so great an influence on public events."
The Jewish Encyclopedia states:
"He advanced the British government the money for the Irish famine loan (about \$40,000,000) and also for the Crimean war (about \$80,000,000), and that for twenty years he acted as agent for the Russian government.
"He had a large share in the successful funding of the United States national debt, provided the funds for the immediate purchase of the Suez Canal shares; he was also active in facilitating the payment of the French indemnity to Germany, in directing the finances of the Austrian Empire, and the Egyptian loan of 8,500,000 pounds. (About \$40,000,000)."*
The statement is in error as to the funding of the United States National debt. This funding operation which was handled
†"Coningsby," by Benjamin Disraeli, p. 180-181.
*Jewish Encyclopedia, Vol. 10, p. 501-2.
Lionel was elected a member of Parliament from Aylesbury but refused to take the oath of office upon a Bible containing the New Testament, and consequently was refused his seat. He ran and was elected a second time, with the same result. Upon his third election the oath was waived as to the New Testament and he was sworn in on the Old Testament. He was the first Jew to hold office in England. Thus began the pollution and deterioration of the British Government.
Lionel's eldest son, Nathan Mayer (Lord Rothschild Ist) succeeded him as head of N. M. Rothschild & Sons on his death in 1879. The Jewish Encyclopedia states that:
Nathan's promotion from the House of Commons to the peerage was recommended by Prime Minister Wm. E. Gladstone and Lord Grenville. Queen Victoria at first objected on the ground that "to make a Jew a peer is a step she could not consent to; it would be ill-taken and would do the government great harm."†
*Jewish Ency. Vol. 10, p. 503.
†The Magnificent Rothschilds, p. 122.
the Jews wish to preserve their racial integrity they also seek to have their women marry titles, for such marriages increase their prestige and power.
The protocols were published by Nilus in 1905 but they themselves bear no date. They purport to be minutes of many meetings, some of which no doubt occurred long prior to 1905. Theodore Herzl is thought to be the author of one or more of them, which were promulgated at the Basle meeting of the Elders of Zion (Council of the Jewish Agency).
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Perhaps in the beginning it was justified, for the age in which Mayer Amschel lived was a cruel age and the Jews were undoubtedly despised and oppressed by the various peoples among whom they lived; this was particularly true of the German and Russian peoples and governments. This hatred of the Gentile is still kept alive by the Council of the Jewish Agency, their protocols, and the rabbis and their Talmud.
The history of the second and third Lord Rothschild is current and not yet recorded. It may be safely assumed that all
Upon Nathan's death in 1836 the sceptre and the line of descent passed from Nathan's eldest son Lionel, head of the London house, to James Rothschild, fifth son of Amschel, head of the Paris House. This despite the fact that Lionel was then 28 years old, had married in orthodox fashion his first cousin Carlotta, the daughter of his uncle Solomon, was the manager of the richest banking branch of the family, and was the ablest of them all. All of the Jewish historians agree that this change was made but none of them assign any reason.
Count Cherep-Spiridovich states the reason as follows:
"James Rothschild, born in 1792, misruled from 1836 until 1868. He married ugly Betty, the daughter of his brother Solomon of Vienna. Because of the "crime" of Nathan the latter's son Lionel was deprived of the World's Throne. James became Rothschild III. Thus decided Amschel (Anselm) Salomon, and Karl Rothschild, who all gathered in July 1836 at Frankfort in order to judge and presumably to execute Nathan, possibly the only Rothschild, who through total lack of principle, wished to become a Christian, only that he could the easier deceive and enslave the English people."*
All of the Jewish authorities agree that there was a general family reunion and a great banquet in Paris on the occasion of the marriage of Lionel; that Nathan was taken violently ill and seized with spasms indicating poisoning; that the doctors were unable to diagnose the trouble and that he died within a few hours. Whether he was poisoned or not, the kingship of the Rothschild fortune passed from Nathan's heirs to his brother James and his heirs.
History reveals but little about the reign of James. He appears to have been a cold, cruel, shrewd, unscrupulous man who contributed materially to the wealth of the Paris House. His personal wealth at the time of his death was estimated at 45,000,000 pounds,—or more than \$200,000,000,—but this was only an estimate, since no inventory of his estate was filed.
The most recent history of the Rothschild family is that of the Jewish Cecil Roth, published in 1939. It brings the history
*"The Secret World Government, or The Hidden Hand," p. 138.
of the English branch down to that date, but not that of the Paris branch. Therefore we can know but little about the reign of this monarch.
John Reeves, in his book published in 1887, said:
KING ROTHSCHILD V or VI (Jeroboam Rothschild, alias Georges Mandel).
The reign of this monarch is current and therefore nothing is known of it except what is revealed by current literature. We do not know when it began or whether he succeeded Alphonse, or whether there is an intervening ancestor, but he appears to be the present head of the Paris House, and King of the Rothschild fortune, and it appears that such was his position and power in 1918, when the Versailles Peace Treaty was written.
There is here presented a picture of him and his puppet Paul Reynaud, Premier of France, reproduced from the May 27, 1940, issue of "Time Magazine," a Jewish publication. His countenance reveals his character. He appears to be a crafty, cruel, greedy, mean man, with not a single redeeming virtue.
He is the product of four generations of treachery and inbreeding, and a true descendant of "ugly Betty." We can now better understand the infamous peace treaty, the Brussels Financial Conference, the depressions of 1920, 1930 and 1937, the election of Franklin D. Roosevelt, the New Deal, and the present World War.

Georges Mandel [Jeroboam Rothschild] and Paul Reynaud.
The author of "The Hidden Hand" states that Edward Rothschild of Paris, France, was at the date of the publication of his book in 1925, the ruler of the Rothschild fortune. I have not accepted this view for the reasons that Jeroboam Rothschild was at that time and prior and subsequent thereto, an influential member of the French cabinet and that he was Clemenceau's adviser when the Versailles peace treaty was written. This was an occasion of such great importance to the Jewish race that the head of the family would no doubt have officiated.
VI.
The Wealth of the Rothschild Family
"Gold always has been and always will be the irresistible power. Handled by expert hands it always will be the most useful lever for those who possess it, and the object of envy for those who do not."—From "Funeral Oration of Rabbi Reichhorn."
According to the boast of Nathan Rothschild he increased the family fortune from \$3,000,000 to about \$7,500,000,000 within five years time, which would be in about 1820. In 1848 the Paris house was reckoned at 600,000,000 francs as against 362,000,000 for all of the other Paris bankers. We have no historical information as to the wealth of the Berlin, Vienna and Naples branches. We do, however, know that they were strong enough to dominate the money markets of those capitals.
At the rate of speed that Nathan traveled, viz., an increase of 500% a year, the fortune of the London branch alone would have been more than \$100,000,000,000 by 1840. It is not likely, however, that he continued to multiply the family fortune 500% a year, but it is probable that he continued to increase it at the rate of 10% or more, annually. At this rate it would have amounted to approximately \$20,000,000,000 by 1840, just 100 years ago.
The imagination can scarcely conceive the immensity and power of such a fortune. The three greatest American fortunes have been the Rockefeller, Carnegie, and Ford, which together would not exceed \$2,000,000,000. If those fortunes should be loaned at 5% compound interest the mere accumulation of interest would in the course of time, and not a very long time at that, consume the wealth of the world. But compound interest is only a small element of the Rothschild fortune; it has been developed by speculation on the exchanges preceding and following wars and depressions as well as by the accumulation of interest.
By virtue of their immense financial power they have been able to raise or lower prices at will, to create a boom or bring on a depression, to buy when stocks and commodities are cheap, and to sell when they are high. It is by these crooked manipulations that they and the members of their race have acquired the greater part of the wealth of the world.
The authority mentioned* reports that from 1817 to 1848 they made loans to various countries, aggregating 654,487,200 pounds. It reports also that they financed both Napoleon and the allies during the Napoleonic wars, and that they financed the American wars.
It will shock the American people to learn that Hamyn Solomon whom we have regarded as a revolutionary hero, was the agent of Rothschild, and that Rothschild financed both sides of the American revolution and the civil war. This is true to form. They acknowledge allegiance to no country; they are out for the money, and it matters not how or where they get it; they wish to destroy all governments in order to establish their own, and their method is to promote and finance wars.
It was stated by the Russian Major General, Count Cherep-Spiridovich, that the Rothschild family fortune in 1925 was \$300,000,000,000, and that they made \$100,000,000,000 of that sum out of the late world war, now called World War I.†
This appears to be a very conservative estimate. We have had a number of minor wars since that date and two major depressions, viz., the disaster of 1929-1930 and the Roosevelt debacle of 1937, as a result of which stocks have fluctuated violently in value. It is likely that the Rothschild family fortune is now in the neighborhood of \$500,000,000,000, which is about twice the value of the wealth of all the people of the United States.
The aggregate wealth of the present several hundred members of the family is only a matter of conjecture for it is kept as a sacred, profound secret. It is rare that we get even a glimpse
*Jewish Ency., Vol 10, p. 493-495.
†"The Secret World Government, or The Hidden Hand."
It is the history of the Rothschild family that all of its members conceal their wealth in every possible way. This is done not only in pursuance of the will of the founder of the fortune, but also to enable them to accomplish their purposes as set forth in the protocols.
It is estimated that the Jews have absorbed four-fifths of the wealth of Germany, Austria, Poland, and Czecho Slovakia, and more than one-half of that of England, France, and Italy. They practically own the banks, railways, steel and munition plants of these countries, to say nothing of the Press and other minor industries.
- J. P. Morgan & Company, with assets of \$640,000,000, about one-half of which is cash and the other one-half tax exempt bonds, has always been regarded as a Gentile firm that was practically owned and controlled by the Morgan family. The recent testimony taken by the Temporary National Economic Committee discloses* the fact that J. P. Morgan only holds 9.1% interest in that firm; it also discloses that H. B. Davison had only 1.2%, George Whitney 1.9%, and that the other partners had interests of from 1/10 of 1% up to 6.1%, with the exception of the Chas. W. Steele Estate and Thos. W. Lamont who held 36.6% and 34.2% respectively.
- J. P. Morgan is a man of great wealth; Thos. W. Lamont has never been regarded as a very rich man, and Chas. W. Steele was unknown to the public. In proportion to their interest in the Morgan firm they are due to be more than three times as wealthy as J. P. Morgan. It is not likely that Lamont and Steele own in their own right the percentages as shown. It is probable that these respective interests are held in trust for the
Rothschilds and that J. P. Morgan & Company is but a Rothschild "front." If true, it explains the fact that there is never any competition between Morgan & Company and Kuhn, Loeb & Company; on the other hand, there is always the closest cooperation.
It is a circumstance worthy of note that the Temporary National Economic Committee has not investigated the firm of Kuhn, Loeb & Company and that this firm was not investigated by the former senate investigating committee. Is it only an accidental circumstance that Kuhn, Loeb & Co. are always left out of the investigations? This firm is the author of most of the devilment and we are entitled to know about its secret operations, such as the financing of Lenin and Trotzsky.
It appears from the former senate committee investigation that neither J. P. Morgan nor Thos. W. Lamont pay any income taxes. They adopt the scheme of selling securities at a loss just before the first of January to friends or relatives, which losses are offset against their profits, with the result that they have no profits. It is likely that the members of the Kuhn-Loeb firm do likewise. With the Gentiles paying income taxes and the Jews owning tax exempt bonds and dodging them, it will not be long until they absorb the greater part of the wealth of the country—if they have not already done so.
There are many other rich Jews in addition to the Rothschilds, but the huge Rothschild fortune represents the greater part of the wealth of all the Jews of the world. The authority mentioned says:
"The Rothschilds were not without competitors; other Jewish families, the Lazards, Sterns, Speyers, and Seligmans adopted the Rothschild plan."*
*Jewish Ency. Vol. 2, p. 496.
member of the family in charge of these branches. It is likely that the Rothschilds finance and control the majority of these firms for they need many agencies to handle their immense fortune. The "Rothschild plan" is an excellent tax dodging scheme. There is no inheritance by heirs and hence no inheritance taxes. Moreover, the Rothschild interest will usually be found in control of the national treasury with the power to interpret and administer the tax laws.
VII.
The Mighty Rothschild Power
"Therefore we must not stop at bribery, deceit and treachery when they should serve towards the attainment of our end. In politics one must know how to seize the property of others without hesitation if by it we secure submission and sovereignty."—From Protocol 2.
The first manifestation of the power of this concentrated wealth was to free the Jews from the bondage in which they had been held by the various governments of Europe. When William of Hesse placed his money in the hands of Mayer Amschel Rothschild the Jews were without the privilege of citizenship in Germany and all other countries, and were subject to all manner of burdensome taxes. It is said that they were the unofficial tax gatherers for the British kings during the reign of the Norman monarchy—the Jews squeezed the people and the kings squeezed the Jews.
"Little could Mayer Amschel have anticipated *** that his sons would in after years come to exercise such an unbounded sway that the peace of nations would depend upon their nod; that the powerful control they exercised on the European money markets would enable them to pose as the arbiters of peace and war, since they could at their pleasure withhold or furnish the pecuniary means required to carry on a campaign.
"But this, incredible as it may seem, was what their vast influence, combined with their enormous wealth and unlimited credit, enabled them to do, for no firms existed strong enough to oppose them for any length of time, or rash enough to take up a business which the Rothschilds had refused. To reach this exalted position Mayer Amschel and his sons required the co-operation of the States, but, when once he had climbed over their backs and reached the height of his ambition, he was independent of all aid and could act with the greatest freedom, whilst the States remained in a suppliant attitude at his feet."†
This power brought about the establishment of the gold standard, first in the British Empire and then in other countries, as stated in a succeeding chapter of this volume. They acquired the controlling interest in the Bank of England for which the late Lord Rothschild acted as gold agent and gover-
†"The Rothschilds," by John Reeves, p. 104-105.
nor. The Bank of England is one of their many "fronts." They no doubt have the controlling interest in most of the other central banks of issue.
They sent one of the Rothschild agents, Paul Warburg, as their representative to America just prior to World War I, to change our banking systems. They knew that we would acquire the greater part of the gold of the world in payment of our exports and they wanted to sterilize this gold in order to control our economy and that of other countries. Under the pretense of organizing a credit expanding system to meet the demands of commerce, they in fact organized a credit contracting system to hold it in leash and to increase the power and value of money.
Through their ownership and control of their Morgan & Co., and Kuhn, Loeb & Co., private banks, they own and control the principal New York national banks and trust companies, and through them own and control the New York Federal Reserve Bank. This branch of the Federal Reserve System according to a recent statement has resources of \$10,035,211,000 as against the resources of the other eleven F. R. banks of \$11,744,034,000. It has gold certificates of \$8,934,442,000 as against the gold certificates of the other eleven F. R. banks of \$10,094,036,000.
The explanation is simple: Such certificates if issued to individuals and banks generally in the United States would be in circulation and therefore enhance the value of property and service and would cheapen money, but the certificates issued to the Federal Reserve Banks are locked in their vaults and thereby kept out of circulation, and the certificates issued to foreigners are sent out of the country.
"Following the failure of the Catholic bank, Union Generals, leaving the Rothschilds still more absolutely the undisputed leaders of French finance, but leaving also a legacy of hatred which had much influence on the growth of the anti-Semitic movement in France."*
It says further:
"It is a somewhat curious sequel to the attempt to set up a Catholic competitor to the Rothschilds that at the present time (1905) the latter are the guardians of the papal treasure."†
It should be observed from the above quotation that the Rothschilds brought on a major depression which provoked anti-Semitism. I identify this as the catastrophe of 1839-1840, known as the "hungry forties," which our American historians have wrongfully ascribed to the veto of the charter of the Second Bank of the United States by Andrew Jackson in 1836.
The next major depression in this country and throughout the world was in 1873—"the crime of '73." This was brought about by the demonetization of silver. The Rothschilds had already brought about the demonetization of silver in Germany
*†Jewish Ency. Vol. 2, p. 497.
The next major depression in America and throughout the world was the panic of 1893 which was brought about by the competition between the Jewish House of Rothschild and the Jewish rival firm of Baring Brothers. The ruler of the Rothschilds determined to crush the Baring firm. The Jewish Encyclopedia says of this operation:
The Jews are always able to foresee and evade these depressions because they create them. They not only evade these crises but they sell their securities in advance of them and buy them back when values have been destroyed, at a fraction of their former worth, and thereby make immense profits. It is by the repetition of this process from panic to panic that they have so rapidly acquired the wealth of the world. The Jews do not lose on a panic, for the word is passed down when it is to happen. They usually profit by it; a panic is their rich harvest.
The next major panic was that of 1907 which the Rothschild controlled banks created by refusing to pay their customers and their bank correspondents the money due them and which was held on deposit. They simply coldly and brutally said to the other bankers having deposits with them: We cannot and will not pay you your money, and you must take care of your own customers the best way you can. This resulted in all the banks throughout the country clamping down on their customers and refusing to pay them their money, which in turn resulted in checking all commercial enterprises and a great fall in the wage and price level and a disastrous panic.
It resulted also in the people and the bankers getting together for the purpose of organizing a currency and credit expanding system to prevent a recurrence of such a panic. And worst of all the outcome was that the Rothschilds organized this system for us and created one that they could manipulate in
*Vol. 2, p. 493.
We have had these depressions so frequently and regularly that we have come to regard them as natural phenomena. There are economists who attempted to predict them. They usually occur about every ten years, but F. D. Roosevelt was a little impatient to put over his "New Deal" and his communistic program, and he brought the last one on us ahead of time in order to complete the job which he started in 1933. They have all been manipulated, and for the same purpose, viz., thievery and robbery and to establish the Kingdom of Judah throughout the world.
In 1844 "Sidonia" (Rothschild) said, in "Coningsby":
"No penal laws, no physical tortures, can effect that a superior race should be absorbed in an inferior, or be destroyed by it. The mixed persecuting races disappear; the pure persecuted race remains . . .
"I had on my arrival (at St. Petersburg) an interview with the Russian Minister of Finance, Count Cancrin; I beheld the son of a Lithuanian Jew . . . I had an audience on my arrival at Madrid with the Spanish minister; I beheld one like myself, the son of a Nuovo Christiano, a Jew of Aragon. In consequence of what transpired at Madrid I went straight to consult the President of the French Council; I beheld the son of a French Jew . . . We fixed on Prussia . . . Count Arnim entered the cabinet, and I beheld a Prussian Jew. So you see, my dear Coningsby, that the world is governed by very different personages to what is imagined by those who are not behind the scenes."†
If Sidonia should now, in 1940, make the rounds of the capitals of Europe, he would find a considerable change in the situation. He would find the Jews struggling to maintain their political power and their sacrosanct gold standard, using Gentile "fronts" and Gentile armies and navies for that purpose.
A country engaged in war must buy from other countries many products required for its prosecution. That requires money that is acceptable to the seller, which has heretofore meant gold, because the moneys of the principal exporting countries have been based on gold. It has therefore been necessary to apply to the Rothschilds for this firm has, until recent years, been in control of the gold of the world, either directly or through their banks. They have therefore had the power to make or unmake wars. It is the universal gold standard coupled with their universal press ownership and coupled with the secrecy of their operations that have made them masters of the world.
†"Coningsby" by Benjamin Disraeli, p. 207-209.
#### VIII.
# The "Kept" Press
"In the hands of the States of today there is a great force that creates the movement of thought in the people, and that is the Press. The part played by the Press is to keep pointing out requirements supposed to be indispensable, to give voice to the complaints of the people, to express and to create discontent. It is in the Press that the triumph of freedom of speech finds its incarnation. But the goyim States have not known how to make use of this force; and it has fallen into our hands. Through the Press we have gained the power to influence while remaining ourselves in the shade; thanks to the Press we have got the gold in our hands, notwithstanding that we have had to gather it out of oceans of blood and tears. But it has paid us, though we have sacrificed many of our people. Each victim on our side is worth in the sight of God a thousand goyim."—From Protocol 2.
It is true that the Press in the "goyim States" has fallen into the hands of the Jews; it is also true that through the Press the Jews have "gained the power to influence while remaining in the shade." It is also true that they have "got the gold" in their hands and that they have "had to gather it out of oceans of blood and tears"—but not their blood and tears; they have gathered it from the "blood and tears" of the gullible and despised goyim. The only method by which they could have gained this gold, through the Press and through "blood and tears" is by creating wars, which the Press have helped create through their propaganda.
In America the ownership is not so complete. It is estimated that the Jews own 80% of the metropolitan press and 100% of the news and advertising agencies and cinema. Fortunately, their ownership of the small daily papers and country papers appears to be negligible; their influence with these papers is through their news agencies from which the country press obtain news, and their advertising agencies through which they obtain advertisements.
The Jews also own about 80% of the radio broadcasting stations through their ownership of Columbia Broadcasting Sys-
The Jews have been acquiring the periodicals so rapidly in recent years that it is impossible to estimate their present holdings. They acquired the very informative and useful "Literary Digest" and junked it, and instead gave us the jazzy "Time" and "Life." They are reputed to have acquired the "Saturday Evening Post" and perverted its high standards and principles.
"Not a single announcement will reach the public without our control. Even now this is already being attained by us inasmuch as all news items are received by a few agencies, in whose offices they are focused from all parts of the world. These agencies will then be already entirely ours and will give publicity only to what we dictate to them."
The British Press manifested its mighty power in Great
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Every member of the Congress who has any knowledge of the money question knows that the only remedy for the existing depression is what the Jews and their columnists and "kept" Press call inflation; they know that inflation means high prices and wages and cheap money, but there is not one of them who will dare publicly announce that he stands for inflation—not one. On the other hand he will hold his hands up in holy horror against it, will talk about its abuses in Germany, France, etc.
Why? Simply because the Jews have held inflation up to scorn so often and ridiculed it so repeatedly that it has become anathema, and it is accepted as an "actuality" that any sort of inflation would be a great misfortune; this, despite the fact that they know there can be no relief from deflation without it. It is fear of the Jew press.
The power of the press was forcefully stated by Richard B. Sheridan in Parliament:
"Give me the Liberty of The Press and I will give to the minister a venal House of Peers; I will give him a corrupt and servile House of Commons; I will give him the full swing of the patronage of offices; I will give him the whole host of ministerial influence; I will give him ALL the power that place can confer upon him—to purchase submission and over-awe resistance.
In Protocol 7 attached as an Appendix, they say, "We must compel the governments of the govim to take action in the direction favoured by our widely conceived plan, already approaching the desired consummation," by that "great power, the press, which with a few exceptions that may be disregarded, is already entirely in our hands." That is precisely what they are now doing. They are seeking to compel all governments to join in their "widely conceived plan" of a universal war. Through the "oceans of blood and tears" of such a war they will again gather much gold and may seize political power and establish their "King-Despot of the blood of Zion."
We have the evidence here before our very eyes and yet we refuse to see and recognize it, and the danger of it. We know that the leading newspapers and magazines of this country are in Jewish hands. We know that most of the journalists are Jews and that Jews are the publicity agents of both political parties. We know that the Jews own and control the cinema and radio. We know that the Jew press and the Jew columnist and the Jew radio and the Jew cinema are with one accord conducting a malignant campaign to involve us in the present war. Why? Is it to promote the public welfare? No. Is it to promote the Jewish "widely conceived plan"? Yes. There can be no other answer. Our officials are tongue-tied and bound hand and foot, and there appears to be no way to obtain legislative relief.
rintoritist, rictors of the condrestroine strong to the condrestroine strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong strong st
In their protocols they say "with a few exceptions that may be disregarded, it (the press) is already entirely in our hands." This has reference to the press of the whole world. This was prior to 1905, but it appears to still be true, with the exception of Germany and Italy. (The governments of France and Roumania have recently disfranchised the Jews and decreed that they shall have no sort of connection with the press). It is unthinkable that the Rothschild power manufactures public opinion throughout the entire world through their ownership of the press, and that they are using this power to create wars and gather gold from "oceans of blood and tears."
The following are some of the leading Jewish journalists:
F. P. Adams ("F.P.A."), Walter Lippmann, David Lawrence, Louis Lipsky, Isaac F. Marcosson, Charles Michaelson, Joseph Pulitzer, Marcus Eli Ravage, George E. Sokolsky, John L. Spivak, Herbert Bayard Swope, Walter Winchel, James Waterman Wise, Frederick William Wile, Morris Fishbein, Emil Ludwig-Cohen, and many others.
The following are some of the known Jewish publishers:
There are also many other under-cover stockholders and bondholders.
The columnist, Boake Carter, stated in one of his syndicated articles that "recently a considerable block of stock was opened to public sale by the Chicago Daily News (Col. Knox's paper). Among the largest buyers was Kuhn, Loeb & Co." This reveals one of the methods by which the Jews have obtained control of the press. The Jews also own the International Paper Co., which extends credit to many newspapers and owns the stock and bonds of many of them. Whenever a leading newspaper gets in financial distress or comes on the market, the Jews grab it up.
We Gentiles have not yet forgotten the ingratitude shown us by the Allies following World War I. They said that we did not win it, that they did. They said also that they were fighting for us and that we should bear the expenses of the war and they refused to pay the loans made them since the war, on that flimsy
\*R. E. Edmondson Bulletin.
ground. They called us "Uncle Shylock" because we expected payment of these debts, amounting to over \$12,000,000,000.
The present Prime Minister of England, Winston Churchill, published a statement saying that we did the Allies more harm than good by entering World War I, because they would have made peace two years sooner if we had not done so. Well, now "Uncle Shylock"—or at least the Gentile part of him—wants to decline to underwrite the present war. He disclaims all interest in it or responsibility for it.
If the real truth were known there would be no intervention sentiment in this country, and there would be very little pro-British sentiment. If the real Jewish names of these journalists and the fact that they are Jews, were stated in connection with their columns, their views would carry but little weight; and if "our widely conceived plan" were widely understood, they would carry none.
The following is a list of some of our prominent cinema stars, viz:
Eddie Cantor (Isidore Isokowitz); Edward G. Robinson (Emanuel Goldenberg); Paul Muni (Muni Weisenfreund); Jack Benny (John Kubelsky); Ben Bernie (Benjamin Anzelovitz); John Garfield (Julius Garfinkle); Ricardo Cortez (Jack Krantz); George Burns (Nathan Birbaum); Bela Lugosi (Bela Blasko); Ed Wynn (Ed Leopold); Nick Stuart (Nikolas Pratza); Bert Lahr (Irving Lahrheim); George Sidney (Sammy Greenfield); Joe Penner (Joseph Pinter); Raquel Torres (Paula Osterman); Fanny Brice (Fanny Borach Arnstein Rosenberg); Sophie Tucker (Sophie Abuza); Harry Green (Harry Blitzer); Harry Richman (Henry Reichman); Ted Lewis (Theodore Friedman); Kenneth MacKenna (Leo Mielziner); Ina Clair (Fagan); Douglas Fairbanks, Jr. (Ullman); Sylvia Sidney (Jason); Al Jolson (Yoelson); Charlie Chaplin (Thonstein); Paulette Goddard (Levy); Elaine Barry (Jacobs); Ethel Merman (Zinnerman); Sybil Jason (Jacobs); Luise Rainer; Bobby Breen; Joseph Schildkraut; Lionel Stander; Gregory Ratoff; Tony Martin; Jack Pearl; George Jessel; Irving Pichel; Ritz Brothers, Marx Brothers, and many others
The movie stars in themselves are by no means so important as the journalists, but the Jewish degradation of the cinema is important. We and our children must be entertained with Jewish humour, reconciled to racial equality by Jewish propaganda, and deceived by Jewish lies. Our children would not find Eddie Cantor quite so entertaining if they knew that his real name is Isidore Isokowitz; nor would they find Edward G. Robinson's acting so thrilling if they knew him to be the Jew Emanuel Goldenberg.
There can be no reasonable doubt about the authenticity of the protocols. Every statement of fact contained in them is found to be true. The Jews own the gold, the exchanges and the press, as they claim. They have the political influence that they boastfully claim; they create wars as they propose, and world history and current events have developed and are developing in strict conformity with the plans outlined in the protocols.
#### IX.
# The Murder Gang
It may be true, as the Jews claim, that they originated masonry. There are many signs and symbols of masonry, as we Americans know it, that indicate it, but our masonry, as has heretofore been pointed out, is entirely separate and different from theirs; theirs is a secret clannish political agency to preserve their solidarity, to act as a unit, and to carry into effect the orders of their rulers.
The B'nai B'rith appears to have been founded in America and to be the American branch of the Jewish continental masons; there is no occasion here for another openly avowed benevolent masonic order since the Jews are permitted to join the American masons
"What is the B'nai B'rith?"
"What are its objectives?"
\*R. E. Edmondson's Bulletin, "Counterfeit Americans," Apr. 15, 1940.
mercy—men, women and children, in Paris during the French revolution. The Nihilists of Russia was reputed to be another branch through which they murdered the Czars of Russia and the rulers of other countries.
It was probably the Continental Masons who selected Herschel Grynszpan to murder Von Rath, the German attache in France, for the Jews have made a hero of him; they have throughout the world applauded this dastardly act, raised huge sums of money and employed many lawyers for his defense. The Jewish French government never arraigned him for trial but the present government will likely do so. He proposed to volunteer to fight for France, which was headlined in the Jewish press all over the world. Adolf Hitler accepted this political assassination as being a racial murder in pursuance of their racial plans and accordingly imposed a fine of \$400,000,000 on the Jewish race in Germany.
It is estimated that when the Jews obtained control of the Russian government they put to death 3,000,000 of the best and most important Gentile citizens of the Russian Empire, and later starved to death more than 20,000,000 of them. When the Jew Bela Kuhn (Aaron Cohn) obtained control of the Hungarian government, his first act was to murder 20,000 of the leading Gentiles of that country. It is reported that 700,000 Hungarians were killed during his 133 days of rule of Hungary and immediately preceeding and following it.\*
The same thing occurred in Germany. Adolf Hitler is authority for the statement that between 4,000 and 5,000 of the best people of Germany were promptly executed when the Jews obtained control of the government.
This is all in pursuance of their protocols and their Talmud and their communist code. Their Talmud teaches them that "the life of a goi and all his physical powers belong to a Jew," and their protocols tell them that death is the "inevitable end for all and that it is better to bring that end nearer to those who hinder our affairs than to ourselves—the founders of this affair."
\*"Answer to Father Coughlin's Critics," p. 119.
and it has been so since they repudiated the divine law of Moses and bowed down before Aaron's golden calf. They have always imagined themselves superior to the peoples of the countries wherein they dwelt. They have outwitted and cheated and despoiled other peoples until it has become a part of their nature.
Murder is difficult to prove at best, and it is impossible when it is done in such manner that "none save the brotherhood can even have a suspicion of it—not even the victims of our death sentence; they all die when required, as if from a normal kind of illness." This can explain the alleged murder of President Harding; and also the alleged murder of the late, blind Senator Schall of Minnesota who was an able and outstanding critic of the present Jew administration and "Jew Deal." He was run over on the street by a "hit and run" driver whose identity has never been discovered. It may also explain the alleged assassination of Senator Bronson Cutting who was also an able critic of the "New Deal," and likewise guilty of "hindering our affairs." He was killed in a plane crash. It was stated at the time that the plane had been tampered with and that an investigation would be made, but that was the end of it.
We have had a singular fatality among our Presidents. None of them was murdered during the approximate ninety years prior to the civil war when the Jewish influence was negligible; three and probably four of them have been murdered during the 75 years since: Lincoln by the Jew Booth; Garfield by Chas. Jules Guitau, nationality unknown; McKinney by the Jew Leon Czolgosz; and probably Harding.
All of this may have just happened and not been brought
We also know that prior to Senator Long's death the Jewish federal government refused federal aid to the people of Louisiana, for relief or in any other form. Immediately after he was murdered the federal treasury was opened up and money flowed into Louisiana. It has been aptly called "the second Louisiana purchase."
Henry Ford first opened the eyes of the people of America to the Jew menace. He caused to be published three volumes entitled "The International Jew," which revealed the fact that the Jews are the real financial power that controls America. He also published "The Dearborn Independent," which was estimated to have a circulation of almost a million, and which informed its readers about the machinations of the Jews. Among other things, it attacked the Jew Aaron Shapiro because of his graft in connection with the organization of the farmer co-operatives. Shapiro filed suit against Mr. Ford for libel for several million dollars, his attorneys being the Jew firm of Untermeyer & Marshall, New York lawyers for the Rothschild interest.
Late one night while returning home from his office, a "hit and run" driver sideswiped Mr. Ford's car and forced it down a steep embankment and he was seriously but not fatally injured. Shortly thereafter he evidently compromised with the Jews on the basis of discontinuing the publication of The Dearborn Independent. The Shapiro suit was dismissed, the press ridicule of Mr. Ford ceased; they even speak of him kindly now.
## X.
# World War I
"We shall force the Christians into wars by exploiting their pride and their stupidity. They will massacre each other and clear the ground for us."—From Funeral Oration of Rabbi Reichhorn.
The important ministers of Germany—those that really ran the government—were all Jews. Bethmann Holweg, chancellor and spokesman, was a descendant of the Rothschilds, Walter Rathneau, treasurer, and Felix Warburg, head of the spy system, together with five other members of the Kaiser's cabinet, were Jews. The Jews in 1914 were more completely in control of the governments of Europe than they were in 1844 when Disraeli's "Sidonia" (Rothschild) visited the various capitals of Europe. Sidonia then with words of prophecy visioned the world war:
"That mighty revolution which is at this moment preparing in Germany . . . is entirely developing under the auspices of Jews who almost monopolize the professorial chairs of Germany."
These things did not just happen by accident; they were all pre-arranged. The cunning of the Jew is uncanny. It is the result of centuries of imagined superiority and suppression and scheming and nursed vengeance.
The German government sought to alienat
Father Coughlin made this charge in one of his radio addresses and it was challenged by Kuhn, Loeb & Co. In a book entitled "An Answer to Father Coughlin's Critics" the truth of this charge has been established beyond any reasonable doubt. This book further establishes beyond a reasonable doubt that the Jews not only overthrew the Czarist government in Russia, but that they executed the Czar and his family, and established their own government in place of it.
Of the 25 leaders of that revolution all of them were Jews except Lenin whose mother and wife are reputed to have been Jewesses—this would make him a hybrid and a "Jew-in-law." The following are the names of the Jewish leaders of the Russian revolution as appears from the American Official Services Report, Section III:
| Assumed Name | Real Name | Nationality | | |
|-------------------|---------------------|-------------|--|--|
| Lenin | Oulianow (Ulianoff) | Russian* | | |
| Trotsky (Trotzky) | Bronstein | Jewish | | |
| Steckloff | Nakhames | Jewish | | |
\*The present writer wishes to add that some authors are convinced that Lenin's mother was a Jewess.
| Martoff | Zederbaum | Jewish |
|------------|-------------------------|--------|
| Zinovieff | Apfelbaum | Jewish |
| Kameneff | Rosenfeld | Jewish |
| Dan | Gourevitch (Yurewitsch) | Jewish |
| Ganetzky | Furstenberg | Jewish |
| Parvus | Helpfand | Jewish |
| Uritzky | Padomilsky | Jewish |
| Larin | Lurge | Jewish |
| Bohrin | Nathansohn | Jewish |
| Martinoff | Zibar | Jewish |
| Bogdanoff | Zilberstein | Jewish |
| Garin | Garfeld | Jewish |
| Suchanoff | Gimel | Jewish |
| Kamnelff | Goldmann | Jewish |
| Sagersky | Krochmann | Jewish |
| Riazanoff | Goldenbach | Jewish |
| Solutzeff | Bleichmann | Jewish |
| Piatnitzky | Ziwin | Jewish |
| Axelrod | Orthodox | Jewish |
| Glasunoff | Schultze | Jewish |
| Zuriesain | Weinstein | Jewish |
| Lapinsky | Loewensohn | Jewish |
The Jewish Russian revolution occurred in 1917 when we were in World War I and Russia was our ally. Paul Warburg, Jacob Schiff and other members of the firm of Kuhn, Loeb & Co., were naturalized citizens of the United States and therefore subject to prosecution for treason. They were guilty of high treason but the power of the Jew in our government at that time and since, was and is such that they have escaped the consequences of their crime. On the other hand, despite this treasonable conduct the Jews were given Palestine upon President Wilson's insistence.
The answer is, the Jew and Palestine. "Believe it or not," President Wilson sacrificed 50,000 of the flower of our youth, caused 200,000 more to be maimed and crippled, and gave \$50,000,000,000 of our wealth, in order to restore Palestine to the Jews—a small barren country that probably could have been bought for a billion dollars or less. Worse than that, he took us into the war for the purpose of treacherously taking the homeland from one of our own Allies, the Arabs, who were fighting side by side with our soldiers. Never have a brave, confiding people been so treacherously double-crossed.
In a speech in the Senate on April 25th, 1939,\* Senator Nye said:
\*See Congressional Record, 76th Congress, Vol. 84, No. 82, pages 6597-6604.
was a credit to our propaganda (meaning the British propaganda) . . .
"There remain the Jews. It has been estimated that of the world Jew population of approximately 15,000,000, no fewer than 5,000,000 are in the United States; 25% of the inhabitants of New York are Jews. During the Great War we bought off this huge American Jewish public by the promise of the Jewish National Home in Palestine, held by Ludendorff to be the master stroke of allied propaganda, as it enabled us not only to appeal to Jews in America but to Jews in Germany as well."
They "bought off the huge American Jewish public" with the promise of Palestine, and with them they bought the powerful metropolitan Jewish press and the Wilson Administration. That is not my language, nor is it my assertion; it is the language and the statement of fact of an eminent. British authority writing for the benefit of the British public, and particularly for the British propagandists of the "next war"—now in progress.
"To persuade her (the United States) to take our part will be much more difficult, so difficult as to be unlikely to succeed. It will need a definite threat to America, a threat, moreover, which will have to be brought home by propaganda to every citizen, before the Republic will again take arms in an external quarrel...
"The position will naturally be considerably eased if Japan were involved, and this might and probably would bring America in without further ado. At any rate, it would be a natural and obvious object of our propagandists to achieve this. just as during the Great War they succeeded in embroiling the United States with Germany.
"Fortunately with America, our propaganda is on firm ground. We can be entirely sincere, as our main plank will be the *old democratic one*. We must clearly enunciate our belief in the democratic form of government and our firm resolve to adhere to it. Our minor propaganda will aim at attaching the support of important sections, such as the Jews, probably by the declaration of a clear-cut policy in Pales-
tine, and of our intention, if victorious, to put an end to anti-Semitic persecutions; and of the Roman Catholic community in similar terms . . .
"In the realm of the moving picture industry we may be able to depend on the natural bias of the United States film manufacturers in favor of Great Britain as opposed to Germany, Japan, or Italy, and on their command of the machinery of international film distribution. This will be an asset both with the stock entertainment picture and the news reels."
So their plan was to line up the Jews and "Catholic community" by "promising" if victorious to "put an end to anti-Semitic persecutions; and of the Roman Catholic community in similar terms." The Jews, the Jew press, the Jew cinemas, and the Jew President and his Jew administration, are already lined up; no promises or propaganda were needed for that purpose.
The President has dispatched the fleet to the Pacific Ocean. This is for the purpose of war with Japan: It can be for no other purpose. If Japan will only torpedo one of these boats, the Jewish press, the Jewish radio, and the Jewish cinema will do the rest. The Jew Admiral Taussig stated to a Congressional Investigating Committee that "war with Japan is inevitable."
They also propose to appeal to us protestants on the "old democratic plank" that they are democracies and "believe in the democratic form of government and our firm resolve to adhere to it." To hell with such democracies!
The British Empire is governed by a King and a Jewish Privy Council and a hereditary House of Lords, was acquired by conquest, is held together by military power, and is the greatest in area ever known,—upon which it is said the sun never sets. The French Empire, with a Rothschild in her cabinet, and governed ordinarily by a bunch of Jews,—was also acquired by conquest, and is the third largest area in the world.
The Jewish influence now governs the British Empire. They have many representatives in the House of Commons through the Labor party. In the House of Lords they predominate thru their purchase of titles and intermarriage with the nobility. Formerly a King selected and appointed his lords and nobles from his brave warriors and landed aristocracy; now he sells these titles to his rich subjects who are principally Jews, and this is a source of considerable revenue to the Crown. The present heads of the British cabinet, viz., Churchill, Eden, Cooper, et al., are all strongly pro-Jewish and are all intense haters of Hitler because he is anti-Semitic.
Referring to the propaganda by the British and German governments during the first world war, the writer correctly observes: "I repeat it is unthinkable that such a dog-fight between non-Americans will again be permitted in the United States." It is indeed "unthinkable," but such propaganda is nevertheless being carried on right now by the Jews in their newspapers and cinemas and over their radios. It should be suppressed even if we must close them all up.
Senator Nye said of this book:
"I understand that this particular volume, Propaganda in the Next War, published last fall and placed in circulation, instead of having its circulation enlarged, now is suffering at the hands of those who desire to retire it from circulation. A few days ago I came on the floor of the Senate with the volume itself. I am sorry I have not it with me today. I am told that it is the only copy of Propaganda in the Next War available in the United States. It can be had; I can borrow it again if there is occasion and need for it in the Senate; but it is no longer easy to obtain. I wish the entire work might be read by every Member of the Senate."
That is what they did to the protocols and to Pinckney's diary and probably also to the American Official Services Report mentioned above.
## XI.
# League of Nations
"By all these means we shall so wear down the goyim that they will be compelled to offer us international power of a nature that by its position will enable us without any violence gradually to absorb all the State forces of the world and to form a Super-Government. In place of the rulers of today we shall set up a bogey which will be called the Super-Government Administration."—From Protocol 5.
When World War I ended, the Rothschilds and their agents were there to administer upon the wreckage. "Elder" Bernard Baruch, who succeeded E. M. House as President Wilson's advisor, induced the President, contrary to all precedent and the advice of his cabinet, to attend the peace conference in France in person. "Elder" Baruch was, during the entire period of the war, Chairman of the War Industries Board which was invested with despotic authority over the production and sale of everything.
"The President and Mrs. Wilson went to the country place rented by Mr. Baruch for lunch today (Sunday) and all of us scattered. The strange part is that each went alone, as if dodging the others. The fact is that we are all tired of looking at one another. At dinner time we had a good laugh when I charged them all with being bored with the others, and all manfully agreed."—Saturday Evening Post. July 7, 1934.
The terms of the peace treaty and the League of Nations were ostensibly agreed upon and fixed by Woodrow Wilson representing the United States Government, Lloyd George representing the British Empire, and Georges Clemenceau representing the French Empire,—but they were in fact largely the work of men behind the scenes, viz., the "King-Despot of the blood of Zion" and his agents representing the Jewish race and money power. It is obvious that Baruch was then and is now the political representative of the Rothschilds in America. He was then President Wilson's adviser.
The Jew mentor of David Lloyd-George was Sir Philip A. G. D. Sassoon, Bart., a direct descendant of Mayer Amschel Rothschild, and a member of the British Privy Council. He served Lloyd-George during the peace conference as private secretary which enabled him to "sit in" on the secret deliberations of the conferees.† Jereboam Rothschild (Mandel) appears to have held a similar position with Clemenceau. Baruch's position with Wilson was that of an intimate friend and adviser.
"To the vital Ministry of the Interior, Premier Reynaud appointed energetic, 54-year-old Georges Mandel, till then Minister of Colonies. This was no new job for the sharp-nosed, stocky little Clemencist, who as the Tiger's chef de cabinet during the last war ran the country's domestic affairs and kept up civilian morale. Born Jeroboam Rothschild, Mandel has often been called France's Disraeli, is a super-politician in a country of politicians, lately showed in the Colonial (and Post Office) Ministry that he had lost none of the drive and administrative flare that made him indispensable to Clemenceau. He was so close to the Premier that the Rabelaisian Tiger once quipped: "Quand je pete, Mandel pue."\*
†Congressional Record, Aug. 21, 1940, p. 16368.
\*"Time." May 27, 1940, p. 34.
prevented the consummation of their grandiose elaborate machine for the government of the world.
These three Jews are responsible for the abandonment of President Wilson's fourteen points and for the flagrant violation of the promises upon which Germany laid down her arms. If President Wilson's pledges had been observed we would have no World War II. Perhaps if we had joined the League of Nations there would be none, for we would be the subjects of this "King-Despot" who would rule us with an iron hand. They then and there sowed the seeds that have germinated into the present war.
It will be recalled that on his return to America President Wilson started upon a speaking tour to convert the American people to the League of Nations and that it was during this campaign that, fortunately for America, he had his break down; otherwise he might have put it over. It should also be recalled that due to the opposition of Senators Borah, Johnson, Lodge, Reed, and other stalwart Americans, this grandiose scheme was defeated. It should also be recalled with pride that there was enough Americanism left in the Senate, led by Borah and Johnson and Huey Long, to defeat our entry into the League of Nations through its back door, the so-called "World Court," during the Hoover administration and again during the Roosevelt administration, despite the powerful pressure brought to bear on the Senate by both of these presidents.
There was no authority under our constitution for our gov-
The peace conference appointed Gustav Cassel, a noted monetary authority of Stockholm, Sweden, to advise them, which he did. He wrote for that purpose two memoranda (published in his book entitled "World's Monetary Problems,") in which he set forth logically and conclusively that it was absolutely necessary to maintain high prices and wages and cheap money in order to enable the people and nations of the world to pay their debts. He showed convincingly that the restoration of the gold standard was impossible, that it would bankrupt the people and governments of all countries, create great distress and unrest and probably lead to war.
In the face of the solemn warning prepared especially for the Brussels Financial Conference, this conference decreed the return of the gold standard, with its cheap prices and wages. Professor Cassel told in words of prophecy precisely the results that have since happened. The shrewd monetary experts of the Brussels Conference knew what would happen without such advice and they intended the very consequences that followed and that now prevail.
The Arabs want all of Palestine because it belongs to them and the Jews want it all, although they have not settled it and do not expect to do so. Less than 500,000 Jews have moved there during the twenty-two years since the establishment of this alleged Jewish home. Many of them, after locating there, have moved to America and other countries. More Jews have migrated to America during that period than have settled in Palestine. America is now the "Palestine" of the Jews. They don't want
to be farmers and craftsmen;—that is not their ticket. They prefer that the "Goyim" do the work, and themselves to live among them and trade with them and manipulate their currency systems.
The establishment of this "Jewish home" was not involved as an issue in the world war or in the peace treaty with Germany. The Arabs were our allies and they fought side by side with the soldiers of the allies. It was cold blooded, indefensible robbery perpetrated at the instance of the "Elders" by Lloyd George and Woodrow Wilson and Georges Clemenceau.
There would have been some justification for it if the British Government had acquired the lands of the Arabs with their consent, paying for them and buying lands sufficient for the whole Jewish race and had thereafter forced all the Jews from all countries to migrate there; that would have done more toward preserving the peace of the world than all of their mandates, the Brussels Financial Conference, the International Labor Board, and the League of Nations combined.
The worst of it is that the establishment of this "Jewish home" was cold blooded treachery to the Arab Government and people. The Arabs claim that they were induced to enter the war on the side of the allies by the promise that what is known as the Balfour Declaration would be rescinded and that the Arabians would not be molested in the peaceable ownership and possession of their country. This contention is not denied by the British Government, but the excuse is made that Woodrow Wilson insisted that the Jews be given this home and that Lloyd George consented as a matter of policy and in order to get some other things in the peace treaty that he desired. Palestine is now properly called the "twice promised land." It is likely that Germany also promised it in consideration of the Russian deal.
In any event, this home of the Jews was not involved in a peace settlement with Germany; nor was the establishment of
## XII.
# Gold
"You are aware that the gold standard has been the ruin of the States which adopted it, for it has not been able to satisfy the demands for money, the more so that we have removed gold from circulation as far as possible."—From *Protocol 20*.
The fixed policy of the management of the Rothschild fortune is and has always been, monopoly. They brook no opposition and they fix the tolls of whatever business they engage in. In the beginning their operations were confined to government loans, not only for the profit involved but for the political power that it gave them. As the fortune grew their field of operations expanded until it embraced everything. Originally, the Rothschilds had competition for these government loans and consequently were not always able to fix the rate of discount, but this opposition was soon crushed or absorbed.
Among their early competitors was the Bank of England, which was chartered in 1694 for the purpose of financing the British Government. In consideration of a loan of 1,200,000 pounds the British government granted the Bank of England the exclusive privilege of issuing currency in the City of London and within a radius of 65 miles thereof. Originally it was granted an annuity of 100,000 pounds a year for handling the government's business, and its property and operations were exempted from taxation.
Adam Smith says of the Bank of England:
activity, sometime around 1830 and as a result of an assault that he himself made on it.
Pretending a grievance, Nathan Rothschild bought up its outstanding notes and personally presented them to the bank for payment day after day, and received coin in payment therefor until he practically exhausted the bank's supply. The management of the bank capitulated. From that time until this day the Bank of England has been one of the most effective agencies of the Rothschilds in promoting their plans.
This amendment provided in substance that the Bank of England might issue its currency notes up to 15 million pounds upon its general assets, and that all currency issued in excess of this sum must be secured by an equal amount of gold coin or bullion; it also provided that other banks of issue should not thereafter increase the amount of their currency notes, and that as their charters expired the privilege of issuing currency should be cancelled.
The Peel amendment had far-reaching consequences not apparent upon its face: (1) It demonetized silver, which had theretofore circulated in England and throughout the world as money; (2) it gave the Bank of England a monopoly of the currency of the British Empire; (3) it established the gold convertible note on the basis of a 100% gold coverage; (4) it made the Bank of England the clearing house of the British Empire and established the British pound as world currency; (5) it gave the management of the bank the power to fix and regulate prices and wages throughout the British Empire and to materially influence them throughout the world.
\*Vol. III, p. 323.
measures . . . were so skilfully contrived as to provoke little opposition, at the same time that they effected most important and highly beneficial changes."
Sir Robert Peel was then Prime Minister of Great Britain and no doubt favored the amendment to the bank's charter which bears his name, but it was his bill only in the sense that the Federal Reserve Act is President Wilson's bill. The apostate Jew Benjamin Disraeli was then at the head of the opposition party whihe overthrew the Peel ministry in 1848. Disraeli was subsequently Prime Minister of England.
Disraeli was then the intimate friend of Lionel Rothschild whose family at that time owned and controlled the Bank of England and the greater part of the gold of the world. It will be noted that the authority mentioned states that the act and its adoption "were so skillfully contrived as to provoke little opposition." Evidently it had the support of the leaders of both political parties, and evidently it was not understood by the members of parliament and by the people generally, and evidently Disraeli had much to do with it, if he was not in fact its author.
It is a singular fact that the bill was put over by the Rothschild agents in precisely the same manner that they put over the Federal Reserve Act. The setting for it was the same, viz: the catastrophe of 1840, which the Rothschilds precipitated;—the Federal Reserve Act grew out of the panic of 1907, which the Rothschilds also precipitated. It was similar in its obscure meaning to our Federal Reserve Act. It was put over as a result of a coalition of both political parties,—as was our Federal Reserve Act. It gave the Rothschild management complete dominion over the welfare of the British Empire and our Federal Reserve Act gave it to them over the people of America.
It is worthy of note that the Peel amendment was adopted during the same year that Disraeli published his book "Coningsby," which was intended to exalt the Rothschilds and the Jews. Disraeli then said of Lionel Rothschild: "He was lord and master of the money markets of the world, and of course virtually the lord and master of everything else."
everything" since 1844,—and that was the secret purpose of its
The gold standard was designed to limit the volume of currency in order to enhance the power and value of gold and its owners. The currency cannot expand beyond the quantity of gold in circulation and it therefore presents an absolute artificial limit to the expansion of currency and credit and of business, which is based thereon. As a result the currency systems based on it always break down when there is an unusual demand for currency and credit created by war. All the nations of the world were compelled to abandon the gold standard during World War I, and consequently the Rothschild interest sought to restore it immediately thereafter.
The conferees at the peace conference, Lloyd George, Clemenceau and President Wilson, created two subordinate committees to work out the details of their schemes:—one called the Economic Section and the other the Financial Committee. President Wilson appointed "Elder" Baruch as the American representative on the Economic Section and Thos. W. Lamont, a partner of J. P. Morgan & Co., as our representative on the Financial Committee; both of them Rothschild agents.
The committee of the Economic Section held its session at or about the time of the Versailles Conference but the Financial Conference was held later at Brussels. The Economic Section's committee fixed the German reparations at \$12,000,000,000 in flagrant violation of the terms of surrender as proclaimed in President Wilson's fourteen points.
The Brussels Financial Conference in the face of the official advice of Professor Cassel decreed that the world should return to the gold standard. This necessarily meant that all monies, including the dollar, would be greatly enhanced in value, and prices and wages would be reduced accordingly. The dollar has in fact been enhanced from two- to three-fold, and prices and wages and values have been reduced to the same extent. It also necessarily meant that it would be impossible for Germany to pay the reparations fixed by the Economic Section, and for the Allies to pay the monies borrowed from America.
Following the decision of the Financial Conference, the "Elders" sent Professor Kemmerer and their other lackeys to the principal countries of the world to reorganize their financial
systems upon a gold basis. They even established the gold standard in poor old defenseless China that had always been on a silver basis and with a limited currency volume of only about \$2.50 per capita of silver and a negligible quantity of gold, with the result that millions of Chinese perished from starvation.
The victorious Allies turned Germany over to the tender mercies of the Jews. After having fixed the German reparations at an impossible figure under the gold standard, they drove another nail in the coffin of prostrate Germany in order to make assurance doubly sure. They not only re-established the currency of Germany upon a gold basis but they imposed upon the German people our infamous Federal Reserve System, calling it the "Dawes Plan," by which they gave the Elders the power to control the volume of currency and credit and the level of prices and wages.
They likewise made it impossible for our Allies, Britain, France and other countries, to repay the loans we made them. It was probably never intended that they should be repaid. Elder Baruch is primarily responsible for them for at the time they were made he was President Wilson's right hand man and was directing his foreign policy. There is no authority in our constitution for loans or gifts to the Allies. They were made in utter and flagrant violation of law. They were made for the purpose of enabling foreign countries to remain on the gold standard and pay their debts to the Rothschilds.
Thus, for the pretended purposes of writing a peace treaty that would establish permanent peace among the nations of the world and of collecting German reparations, the "Elders" partially established their League of Nations and their International Labor Bureau, and re-established the gold standard,—but for only a brief period.
All countries have since been compelled to abandon the gold standard, but this was not done until after it had impoverished the people of the world and impaired their morale. The people in their despair have overthrown their governments and created dictatorships and semi-distatorships; nations are at war with each other; and a general war is on. This is all precisely according to the program of the Elders as set out in their protocols.
Thos. W. Lamont knew that the return to the gold standard would be the ruin of all of the States that attempted it, for that result was clearly pointed out to him by the report to the Brussels Financial Conference of his specialist, Professor Gustav Cassel of Sweden. He no doubt knew it apart from this report, but this report made it clear and certain.
The present war has now developed into a struggle for the preservation of the gold standard. In the beginning Hitler sought only the restoration of pre-war Germany, but it has now passed that stage. It appears to be his present purpose to destroy the Jewish Empire which is so interwoven with the British Empire that the two apparently must go down together. The hybrid Churchill is ready to sacrifice the last Englishman to preserve the Jewish Empire;—the British empire is only an incidental consideration. With victory within his grasp Hitler proposed to negotiate a peace on the basis of preserving the British Empire, which Churchill rejected.
It is the Jewish Empire that is of such deep concern to our hybrid President. He appears to be willing to sacrifice the youth and wealth of this nation to presedve it. It was for that purpose that he caused to be acquired and stored more than 20 billion dollars of gold; that he sent Sumner Welles on his scouting expedition; that Secretary Hull called the Havana conference; and that he is organizing a huge army and navy.
#### TIIX
# World War II
"We must be in a position to respond to every act of opposition by war with the neighbors of that country which dares to oppose us; but if these neighbors should also venture to stand collectively together against us, then we must offer resistance by a universal war."—From Protocol 7.
Their first act was to debase the German currency, the reichsmark. They issued many billions of it and continued to issue it until it had no value. They sold vast quantities of this money at heavy discounts in America and other countries, and then made it utterly worthless, thereby fleecing real money from the people of the world. They bought German properties, factories, lands, etc., on time at high prices and paid their obligations in worthless money. After all of this wild inflation and after having acquired and paid for their properties with *nothing*, this same malign Jewish influence through the Dawes Commission brought about a reorganization of the German Reichbank, a restoration of the gold standard, and deflation.
Thus the Jews have oppressed and impoverished the people of Germany. They have had a great picnic and very rich picking, and they are now paying for their fun. It was estimated by Adolf Hitler that the Jews owned four-fifths of the wealth of Germany. Think of it. This alien race comprising less than 1% of the population owned 80% of the wealth of the country. The worst of it is that they stole it by the manipulation of the German currency system—in the same way that they have stolen the wealth of our country. The wonder is that Hitler has been so patient and forbearing.
President Wilson proclaimed his famous fourteen points to Germany and the world as a basis for a truce and peace. In substance they assured Germany that if she would cease hostilities that the German people and government would not be penalized. The terms of the peace were formally accepted by the Kaiser, and accordingly an armistice was declared which was later followed by the Versailles treaty.
When Germany had laid down her arms and was prostrate and defenseless she was turned over to the Jews to be dissected and sterilized. In a radio speech made by Adolf Hitler a few months before World War II, he recited the promises that were made to induce the surrender of the German army by President Wilson in his famous fourteen points, the flagrant breach of those promises although impliedly guaranteed by the American Government, the dismemberment of the German Empire and the imposition of impossible penalties, and the great depth to which the Jewish Administration of the German government following the war had reduced the people. Of this he said:
"Jewish parasites, on one hand, plundered the nation ruthlessly, and, on the other hand, incited the people when it had been reduced to misery. As the misfortune of our nation became the only aim and object of this race it was possible to breed among the growing army of unemployed suitable elements for Bolshevik revolution.
"Decay of political order and confusion of public opinion by the irresponsible Jewish press led to ever stronger shocks to the economic life and, consequently, to increasing misery and to greater readiness to absorb subversive Bolshevik ideas. The army of Jewish World Revolution, as the army of unemployed was called, finally rose to almost seven million."
That is precisely what they are now doing in America, and for precisely the same purpose. That is the manner by which they gained temporary control of the Austrian government. It is their method of operation. Our people have not yet sunk to the depth of poverty and misery and despair suffered by the German people, following World War I, but they are rapidly approaching that condition, and even now they provide fertile soil for the seeds of communism and revolution.
Hitler's speech was not one of an ambitious, sabre-rattling braggart, but it was that of a sober, deliberate, determined man, with a mission to perform, who abhors war.
# He said of the war-mongers:
"If the cry of 'Never another Munich!' is raised in the world today this simply confirms the fact that a peaceful solution of the problem appeared to be the most fatal thing that ever happened in the eyes of those war-mongers. They are sorry no blood was shed—not their blood of course—for
these agitators are, of course, never to be found where shots are being fired, but only where money is being made! No. it is the blood of the nameless soldiers."
In his speech Adolf Hitler plainly and unequivocally said to Poland that Germany must have Danzig and the Polish Corridor, both formerly German, but he did not demand Silesia, also formerly German. He said that in the interest of World Peace he had made a treaty with France regarding Alsace, also formerly German, and he proposed to abide by it.
Hitler undertook to negotiate a treaty with Poland by which these fractions of Germany would be restored, by agreement. Pending these negotiations there was a pogrom against the resident Germans of Poland. Despite that fact Hitler made an appointment with the Jewish Polish foreign minister Beck to conclude the treaty, which Beck failed to keep. Instead of doing so he went to Downing Street in London for advice. Hitler then sent an army to suppress the Polish uprising and thereupon England and France declared war on Germany;—thus World War II began.
Both the Russian and German governments have been criticized for this alliance, which appears to be a misfit. The Germans claim that it was a matter of self-preservation on the part of Germany and that if she had not entered into an alliance with Russia the Allies would have done so,—which is probably true. The communists claim that it is entirely consistent with their principles, that it is to the advantage of communism to engulf the entire world in war and then administer on the wreckage,—which is also true, and which is in keeping with their principles and program. That no doubt accounts for the fact that communists of all countries approve this misalliance.
After conquering Poland Hitler again proposed to the Allies and to the world to make peace on the basis of restoring to Germany only that which was taken from her by the treaty of Versailles, with the exception of Alsace. The only difference in this and his original proposal was that it involved the return of the
True to her ancient strategy it was the policy of England to starve the enemy by blockade with her sea power. In violation of international law, which has been made largely by the British Empire, she imposed a blockade upon both German exports and imports. This Germany met with her submarines and air force, with the result that the starving has been "the other way round." Britain is now getting a dose of her own medicine and it is evidently very distasteful to her.
There were a number of these prisoners of war on the "Altmark" which was anchored in a Norwegian port. By order of Churchill a British cruiser, in violation of the neutrality of Norway, attacked the Altmark, anchored in a Norwegian port, shot several of the crew who were unarmed and did not offer resistance, and released the prisoners. It is obvious that Germany could have left all of these prisoners to their fate when their ships were sunk. The dastardly, cowardly, murderous attack of the British upon the defenseless Altmark was applauded by the Jewish British and American press as a great British victory.
According to the Associated Press the distinguished Norwegian novelist, Knut Hamsun, addressing his countrymen, said of this banditry:
"When the Britishers in their prodigious savagery forced a passage into Jossing Fjord and infringed our neutrality, you did nothing about it. But when the Germans occupied Norway to prevent war in our country you did something: You conspired with our runaway King and his private government and mobilized. Norwegians! Throw away your rifles and return home. The Germans are fighting for us and now are crushing England's tyranny over us and all neutrals."
The Allies were very much disturbed by this victory. The Jewish press demanded a more vigorous prosecution of the war. Despite the fact that Lord Admiral Churchill, then head of the War Board, had been primarily responsible for the Norwegian defeat, the British government retired Chamberlain, and Churchill was made Prime Minister. Churchill re-organized the cabinet, bringing into it two other pro-Jews and Hitler-haters,—Anthony Eden and Duff-Cooper. They boldly announced that the Allies would take the offensive and would attack Germany; about the same time they transferred the British fleet from Scapa Flow to the Mediterranean.
This meant one of two things: either that the Allies meant to attack Germany through the Balkans or that they had moved the fleet for the purpose of deceiving Hitler into the belief that they would do so, while their real purpose was to attack through Holland and Belgium. If the fleet was moved for the purpose of deception the ruse was an ineffective one and probably an unfortunate one for the Allies. Hitler was not deceived.
The Germans claim that the Allies had made arrangements with the governments of Holland and Belgium to make the attack through those countries, and Germany again "beat them to the draw." We don't know the truth. It will likely be revealed later.
The Allies have not won a single battle or diplomatic victory, with the possible exception that they bought the support of Turkey with a loan of \$140,000,000 which has proven to be a barren victory. The Germans apparently have had superior equipment and they undoubtedly have had superior generalship and morale of soldiers. The most important of these requirements is the morale and fighting spirit of the soldier.
render of France are graphically stated by Newton Jenkins of Chicago, as follows:
"Organized Jewry made Schushnigg and others in Austria pursue a mad policy of national suicide and Germany rescued that nation from the unholy alliance. Organized Jewry made Benes, young Massaryk and others in Czechoslovakia pursue a policy of sheer madness. They lost their country. Organized Jewry drove Negrin, Del Vayo and other leaders in Spain along their mad course until the people under Franco rescued that nation. Organized Jewry drove Beck, Smigly Ridz and other leaders in Poland along the same mad course toward destruction. In Norway organized Jewry, working through the part Jewish Hambro, drove that nation along a path of pro-British sympathy and it ceased to exist as an independent nation. The King of Belgium and the Queen of Holland played the game of organized Jewry and now foreign troops are in command of their towns and cities.
"England and France for decades have become the nesting grounds of organized Jewry. The Churchills, Edens, Duff Coopers, Hore Belishas and many others in England, and the Reynauds, the Daladiers and others in France have been the pawns of the Rothschilds, the Sassoons and others. Many of the political leaders themselves have a mixture of base blood coursing through their veins in all of these countries.\* These two great empires under the lash and whip of organized Jewry are tramping straight and inevitably to their doom.
"The American foreign policy of the Hoovers and the Roosevelts, the Hulls and the Tafts, the Landons and the Frank Knoxes and Key Pitmans are heading us straight down the same path of despair. The Baruchs, the Kuhn Loebs, the Morgenthaus and others in our land are lashing our weak political leaders to unwittingly destroy our nation in the same way that European nations have been destroyed. America will not follow the dance of death. America will throw off the rule of Jewry and her bailiffs. America will remain the same glorious republic she has always been."
The British and French soldiers are good soldiers and brave men; it is in their blood and sinew and bone,—but they fought half-heartedly. They are beginning to learn, if they have not already done so, that this war is a Jew's war for Jewish power and purposes.
The defeat of the Jews is now apparent. The Germans are moving with irresistible power toward London and they will likely reach their destination before Roosevelt will be able to inveigle America into the war. The Jews, as stated in their protocols, have met Germany's "act of opposition by war" but they have not been able to "offer resistance by a universal war." In the same protocol they say that they "shall respond with the guns of America or China or Japan," but China and Japan are now otherwise engaged, and "Uncle Shylock" wants to stay out of it.
#### XIV.
# "Our Despot of the Blood of Zion"
"However, it is probably all the same to the world who is its sovereign lord, whether the head of Catholicism or our despot of the blood of Zion! But to us the Chosen People, it is very far from being a matter of indifference."—From Protocol 5.
The people of America do not want a super-government or to be ruled by the pope of Rome or a "despot of the blood of Zion." We barely escaped it when the republicans, with the aid of "twelve willful" democrats defeated the League of Nations project by a very small margin; for the League of Nations meant that very thing.
The Jews have bled the British Empire white. They have exploited all of the colonies, particularly India and South Africa, but Australia, New Zealand and Canada have not escaped them. They impoverished Ireland to the extent that that country revolted. It is significant that India and Ireland have not come to the rescue of the "mother country, England," in this her hour of peril, and that she has had no support from Arabia, her former ally. The Arabians have been fooled once with the promise of Palestine, and while this has been renewed in a modified form they did not fall for the bait.
Nor has England had any support from the Jews of Palestine so far as we have been informed by the Jewish press. It is certain that if they had raised a corps of thirty men the press would have heralded it all over the world. The Jews prefer that the Gentiles do all of the menial work and all of the fighting. When one of them is drafted he is usually a "conscientious objector" or he finds his way to the commissary department. One of the troubles with the Allies is the graft of the Jews in their Ordnance and Commissary Departments which are in Jewish hands
If we must choose between being ruled by the Pope of Rome
But there does not appear to be any ground for the implied charge in the protocols that the Catholic hierarchy is actively seeking to recover its lost political power and to reestablish its temporal dominion. Undoubtedly the Pope would be delighted to see a Catholic government in America and in every other country of the world. But there is no evidence known to me that the Pope is seeking to gain these ends in the clandestine, subterranean manner as set out in the protocols or that he is cooperating with the Elders for such ends.
The Pope is now having great difficulty in maintaining the status of the church in its ancient strongholds, viz., Mexico and Czecho Slovakia. It is hardly conceivable that under these circumstances he or the Catholic hierarchy would be actively at work undermining the governments of other countries through the impoverishment of the people and the destruction of their governments.
The Catholic church ruled practically all the countries of Europe for a period of more than a thousand years following the fall of the Roman Empire. It is the period known as the "dark ages." The people were ignorant, superstitious, and desperately poor, and the church was at no pains to enlighten them and to help them. The church has surrendered its temporal authority grudgingly and after much bloody strife. Even now it maintains the semblance of a political government at the Vatican, to which some nations send their ambassadors. Contrary to the policy and tradition of our government the President appointed Myron C. Taylor, Chairman of the Board of the United States Steel Corporation, as our ambassador to the Vatican.
The present war is a death struggle between Hitlerism (anti-Semitism) and Jewish imperialism. It is not primarily for the restoration of Poland or Czecho Slovakia or any other country except insofar as such restoration contributes to Jewish imperialism. It is primarily to destroy Hitler and Germany because they are both anti-Semitic, and to preserve the gold standard because through it the Jews control the economic destiny of all countries.
Hitler threatens the very foundations of the Jewish empire throughout the world and he now appears to seriously threaten the British navy which the Jews have used to preserve their empire. Our beloved (?) President Roosevelt is itching to get into this war to save world Jewry and to promote himself and not to save America. All of this war hysteria in the United States has been created by the Jewish press and F. D. Roosevelt to serve their fellow tribesmen and not to serve their fellow Americans.
In a speech delivered before the National Social Congress at Nurnberg, Germany, on Sept. 13, 1935, Dr. Joseph Goebbels, Mr. Hitler's assistant, said:
"Where are the men behind the scenes of this virulent world movement? Who are the inventors of all this madness? Who transplanted this ensemble into Russia and is today making the attempt to have it prevail in other countries? The answer to these questions discloses the actual secret of our anti-Jewish policy and our uncompromising fight against Jewry; for the Bolshevik International is in reality nothing less than a Jewish Internationale.
Every word and every sentence of the above statement is true. It will bear reading a second time. It not only explains the "actual secret" of the anti-Jewish policy of Germany but it explains the "actual secret" of anti-Semitism in America and throughout the world.
The Jews have in times past been expelled from every country in Europe and some of those of Asia. They were expelled long before their scheme was brought to light by the publication of the protocols and perhaps before any protocols were written, but not before the Talmud. They were expelled twice from France and were expelled and kept out of England for 400 years after their expulsion. Why? It was not because of the ignorance and brutality of all peoples in all ages but because the Jews have been what they are, with the same characteristics and the same ideals and purposes throughout the ages. These characteristics and ideals are reflected in their Talmud and protocols and communist code.
Before any World Empire can be established it is necessary first to destroy the American form of government. The plan of the protocols for that purpose is to impoverish the people, impair their morals and nullify their constitution. There can be no dictator or king or emperor so long as the people are happy and prosperous and patriotic and adhere to their established form of government. The method set out in detail in the protocols is the only possible way to subjugate the American people to the "Despot of the blood of Zion" or any other despot. The destruction of our government has been the principal objective of the "Jew Deal" and the present Jewish administration.
## XV.
# Our Undeclared War Against Germany
"We have harnessed them all to the task; each one of them on his own account is boring away at the last remnants of authority, is striving to overthrow all established form of order. By these acts all States are in torture; they exhort to tranquility, are ready to sacrifice everything for peace; but we will not give them peace until they openly acknowledge our international Super-Government, and with submissiveness . . . And the weapons in our hands are limitless ambitions, burning greediness, merciless vengeance, hatreds and malice."—From Pratocal 9
Soon after the German order of fine and expulsion of the Jews, President Roosevelt withdrew our Ambassador to Germany for consultation, (as announced in the press), but he is still at home. Quite a lengthy consultation. This is an act of war; it is usually the first step preceding a declaration of war, but Hitler refused to accept the challenge for the obvious reason that he does not want war with us, despite the fact that we are wholly unprepared.
The treaty of Munich was a sad disappointment to International Jewry and to Franklin D. Roosevelt. Mr. Roosevelt showed his resentment by imposing a 25% tariff on German importations and attaching the monies of the Reichbank on deposit in New York banks. These were overt acts of war which Hitler has met with firmness and dignity. He could do no less than withdraw his own Ambassador and impose a like tariff upon our exports to Germany. If he desired war with our country he has ample grounds for it. It is probably a disappointment to the President that he did not accept the challenge and declare war.
In his first message to the 76th Congress, the President said:
"Words may be futile, but war is not the only means of commanding a decent respect for the opinions of mankind. There are many methods short of war, but stronger and more effective than mere words, of bringing home to aggressor governments the aggregate sentiments of our own people."
Apparently the President made some sort of a secret military alliance with the governments of England and France. At a secret meeting with the Senate Military Affairs Committee he is reported to have said that the "frontiers of France are our frontiers." That is the traditional position of Great Britain.
The President pretends that he does not want war and that he is trying to avoid it. He made two dramatic appeals to Hitler to halt,—the first by radio, the second by message. In the second he proposed to act as mediator and to call a conference of the nations of the earth to enter into a ten-year truce. On the day preceding this message he denounced Hitler in a much publicized speech, as an aggressor and a disturber of world peace.
This was not the way to bring about a conference and a tenyear truce. If Mr. Roosevelt really desired such conference and truce he would have submitted his offer in the usual way through diplomatic channels, and not by proclaiming it from the housetops. He desired that the offer should be rejected, and made it as offensively as he could. It was made for "home consumption" and to rally the people of America behind him.
He does not appear to have fooled many people. Dorothy Thompson (Levy) and the other war mongers, all with one accord clapped their hands and applauded—not because they thought his offer was a step in the direction of peace, but because they believed it to be a step in the direction of war. Nor did it fool Hitler and Mussolini. Mussolini's paper said of it:
The article said President Roosevelt's appeal evidently was
for internal use. It charged him with wanting to divert American opinion from "the unemployment which grows day by day."
When the Allies declared war on Germany President Roosevelt immediately got busy. His first act was to create an international commission headed by Myron Taylor, Chairman of the Board of the United States Steel Corporation, to assist in the migration of the Jews. We do not know what this commission has done or is doing, but it is still at work and we are putting up the money, and the Jews are landing here by the ship-load.
In defiance of our immigration laws, which are entirely too lax, the President and Madam Secretary Perkins are admitting Jews, without limit, to America. It was reported that 3,000 per day are now being received without restriction, and the balance of them on a six months visit, which means permanency—at least so far as this Administration is concerned. They are evidently coming now at an even faster rate.
The immigration law provides for quotas for all races and nationalities except the Jew; there is no limit as to Jews. The immigration authorities class the Jew as a religion and not a race, with the result that the great majority of the immigrants we are now receiving from all countries are Jews.
half of the Jewish population of the world for we now have within our borders between seven and eight million Jews.
"'I agree fully with General Washington—that we must protect this young nation from an *insidious* influence and impenetration. That menace, gentlemen, is the Jew.
"In whatever country Jews have settled in any great numbers, they have lowered its moral tone; depreciated its commercial integrity; have segregated themselves and have not been assimilated; have sneered at and tried to undermine the Christian religion upon which that nation is founded by objecting to its restrictions; have built up a state within a state; and when opposed have tried to strangle that country to death financially, as in the case of Spain and Portugal.
"'If you do not exclude them from these United States, in this Constitution, in less than 200 years they will have swarmed in such great numbers that they will dominate and devour the land, and change our form of government, for which we Americans have shed our blood, given our lives, our substance, and jeojardized our liberty.
"'Jews, gentlemen, are Asiatics, let them be born where they will, or how many generations they are away from Asia they never will be otherwise. Their ideas do not conform to an American's, and will not even though they live among us ten generations. A leopard cannot change its spots. Jews are Asiatics, are a menace to this country if permitted entrance, and should be excluded by this Constitution.'
Every word of the above statement is true. It is a pity they were not heeded.
There was no reason for Germany to sink the ship for it was en route to America, and it had no provisions or war supplies or soldiers on it. There was good reason, however, for the British to sink it because of the American passengers on it—which was the *casus bellum* of our entry into World War I.
We cannot accept Mr. Churchill's statements at par. He is the Jewish-type of politician that only says and does those things that will promote his own purposes. In fact he has publicly stated, boastfully, that he only gives out such information as he thinks it is good for the public to know,—of which he is the exclusive judge.
President Roosevelt sent his envoy, Sumner Welles, abroad for the pretended purpose of sounding out the warring countries and the Pope of Rome on the subject of peace. There was much secrecy attending this mission. It was stated in the press that the President wanted to get first hand information about the situation and about the terms of peace. The real purpose was to effect a truce until we were better prepared for war.
More recently still the President, according to press reports, appealed to Mussolini not to enter the war. We do not know what he said to Mussolini and what Mussolini said in reply further than that he made a courteous reply. It may be that his last note to Mussolini contained a threat in accordance with suggestions of the British press,—that the United States would enter the war if Italy did so.
We do not know the truth. We do know, however, that Mr. Roosevelt is meddling in European affairs to the full extent of his ability, and that he is rendering every possible aid to Britain and is feverishly preparing to join her in the present war.
We know furthermore that Germany is not now threatening us with war and has never done so. Germany has not searched our mails or impounded our ships as have the British. In our whole history Germany has never made a war-like demonstration against this country,—while we have had two wars with Great Britain.
#### XVI
# Plan of Mobilization
"It is only with a despotic ruler that plans can be elaborated extensively and clearly in such a way as to distribute the whole properly among the several parts of the machinery of the State; from this the conclusion is inevitable that a satisfactory form of government for any country is one that concentrates in the hands of one responsible person. Without an absolute despotism there can be no existence for civilization which is carried on not by the masses but by their guide, whosoever that person may be."—From Protocol 2.
We are now preparing for war on a gigantic scale. With an admitted national debt of \$45,000,000,000, with the taxpayers taxed to the point that industry is no longer attractive, and with poverty and distress stalking throughout the land, Congress has authorized about 17 billions of dollars for war purposes.
"No one can make me believe that all these war preparations are for defense. In my opinion they are preparations for war, and a foreign war at that. Does anyone know what nations are expected to attack us? Does anyone know who is going to invade our shores? Surely all the great nations of the world have their hands full at home at the present time, and there is no imminent danger of any attacks upon the
Upon conclusion of the military compact between England and France, England's King and Queen visited the President of France, which visit he later returned. Magnificent receptions of mediaeval splendor were held in both England and France. The
King and Queen then came to America, visited President Roosevelt at the White House and also at his Hyde Park residence. These visits, both to Paris and Washington, were evidently arranged by the Jewish administrations of the three countries to effect the triple alliance they were attempting to make in preparation for the war.
It is likely that President Roosevelt is responsible for the Russian invasion of Finland. Soviet Russia sought in advance to obtain from Finland by negotiation, the territory that was taken from Russia by the Treaty of Versailles. This failed upon the advice of the Allies and upon their promises to help Finland in case of war. They no doubt made these promises believing that if Finland was attacked that the United States would come to her aid because Finland alone of all European countries had recognized her obligation to the United States to repay the moneys loaned her. They no doubt made them on assurances that had previously been given by the President.
Although deeply sympathizing with Finland, the people of America were not willing to go to war in her behalf. "Uncle Shylock" has become "gun shy;" he has been worked once too often. If it is true that Finland was made a sacrifice to get us into the war, as appears to be the case, then she is another "Athenia" and another victim of British diplomacy and duplicity.
Senator Frazier said further, in the speech mentioned:
"There is agitation for the passage of the so-called industrial mobilization bill. According to my information, the bill has not been introduced at this session of the Congress, but it was introduced at the last session, and a great deal was said about it. It was modified somewhat at the last session, and still there is much agitation about it . . .
The plan has been amended, making it a little less drastic, and in its final form appears in a government document called "Industrial Mobilization Plan, Revised 1936." As soon as war is declared a bill embodying it will be introduced in both houses of Congress and rushed through as an emergency measure under whip and spur of the Administration.
The following are some of its salient provisions:
- "(i) To regulate, limit, or prohibit the purchase, sale, use, IMPORT, EXPORT, \* \* \* transportation, manufacture, or distribution of any product, foodstuff, material, commodity, real estate, or right;
- "(j) From time to time, whenever he shall find it essential to license the *production*, manufacture, sale, USE, IMPORT, EXPORT, storage, distribution, or transportation of any product, foodstuff, material, commodity, real property, or right . . .
"The power and authority conferred by this title upon the President may be exercised in whole or in part under his direction and during his pleasures by such agencies or offices of the United States as he may designate, and he shall have power to appoint an administrator or administrators to exercise such designated powers. Such administrator or administrators shall receive salary or saralies of \$10,000 per annum. The President is authorized to create or provide for such additional agencies of the Covernment as he may deem necessary to execute the functions authorized under this title, and to appoint and dismiss at pleasure such officers and employees and to fix their salaries and compensation."
"It is," said Congressman Shafer of Michigan, "the most astounding document ever published in a democracy."
If it does not mean a dictatorship, what does it mean? The President is given absolute dictatorial power to conscript the People of America and all of their possessions, which means that
Barney Baruch or some other Jew will be Chairman of the War Industries Board, and he will not relinquish this post when the war terminates; nor will our President relinquish any of his war powers. There will be no more elections. It will be goodbye to our constitutional form of government, to our state governments, and to our freedom.
It was stated in the press that Bernard Baruch had lunch with the President and had a conference with him regarding the war situation. Baruch was non-committal after this conference as to whether or not they had discussed the subject of his being appointed chairman of a War Industries Board soon to be created. It is likely that he wants the job and that he will get it in due time.
It is a matter of some surprise to have my conclusions fully confirmed by no less an authority than General Hugh Johnson, the President's former administrator of the N. R. A., and Baruch's former associate. He knows both Roosevelt and Baruch intimately, and his words are entitled to great weight. In a syndicated article in the press of April 18, 1939, he said:
"Freedom of speech and press, the right of assembly and petition and practically every guaranty of the bill of rights would go down automatically . . .
"If war comes soon, the Administration which has advocated these trends, if not these objects, would be continued another term, because of war. Having attained these objects because of war, how many of them would be relinquished at the coming of peace?
This is the key that explains the Jew deal, the Roosevelt deflation, and every act of the Roosevelt Administration. Mr. Roosevelt has been "On Our Way" up to now, but when war is declared he will have reached his destination. Congress and the State governments will then be cast aside and our dictators will be handed down to us instead of elected.
All of these elaborate preparations mean war, and war means that Roosevelt will be dictator with Baruch and Morgenthau as his assistants. It means the destruction of our republican form of government and the loss of our liberties. Indeed, it must be admitted that our own morale is at the lowest ebb in our history. Hunger stalks throughout the land, and hunger has no patriotism; the farmer and the laborer have been corrupted by gratuities; the rich are notorious cowards, and the poor are discouraged and beaten. These are the logical and intended consequences of the "Jew Deal."
By act of congress the State Militia (396,000 men) have been drafted into the United States Army. The act requires that they undergo one year of military training, and it authorizes the President to impress them into service at any place in the western hemisphere. These patriotic men enlisted into the State Mliitia for service in their respective states, and congress is without legal authority to force them into the United States Army in time of peace.
At this time (August 17, 1940) President Roosevelt, the Rothschild power, and the Jewish press are endeavoring to drive through congress a conscription bill known as the Burke-Wadsworth bill. This measure appears to have been written by one Grenville Clark of the law firm of Root, Clark, Buckner & Ballentine,—Morgan attorneys, and to have been inspired by the Jew, Julius Ochs Adler, general manager of the New York Times.
It appears that on May 23, 1940 the said Morgan attorneys and Henry L. Stimsom (our present Secretary of War and then attorney for Kuhn, Loeb & Co.), Julius Ochs Adler and others
held a conference at the Harvard Club in New York City and organized a drive for conscription.
"On the 3rd day of June they met again. They met to raise money . . . A quarter of a million dollars was raised at one time. Think of that—men raising a quarter of a million dollars to conscript boys in America."\*
The Record does not show who put up the quarter of a million dollars but it is a safe guess that a substantial part of it was subscribed by the Rothschilds' banks of Morgan & Co., and Kuhn, Loeb & Co. What for? What did they expect to buy with it? Not propaganda, for the Jew press are for conscription and no money was needed to obtain that support. Five thousand dollars would have been more than enough to have covered all legitimate expenses of presenting the bill and the arguments in support of it, to congress. Another \$10,000 should have been ample to have paid for the telegrams that they showered upon congressmen.
This \$15,000 ought to have covered also the taking of the Gallup poll. This poll showed that 67% of the American people favored conscription,—which is simply preposterous. One of two things is true: either no poll was taken except of the few employees constituting the so-called "Institute of Public Opinion," or else the poll was confined to the Jews.
This Gallup poll is one of the greatest hoaxes that the Jew press have perpetrated upon the American people. It is usually given front page publicity in the "Jewspapers." A poll is taken upon every subject that is of current interest to the public. Nobody knows anything about the voting until the result is announced. Nobody ever received a ballot or heard of anybody who received a ballot. To take a poll of our 131,000,000 American people would require several weeks time and many thousand dollars. Apparently these Gallup polls are taken in 30 minutes time with an expense of less than 30 cents, and the result announced is always as the Jew press desire it to be.
My estimate of \$15,000 to cover the legitimate expenses of the conscription drive, plus the Gallup poll, may be a trifle conservative but surely they would not exceed \$25,000, which leaves \$225,000, for other purposes. What are those purposes?
\*From Speech of Senator Holt, Congressional Record, Aug 6, 1940, p. 15167.
The corrupt purpose of these conspirators is obvious. I do not know whether they could or did buy any congressional support; I hope not. I do not care to comment on the subject further than to say that it is a horrible thing to sell the liberties of 12,000,000 men for \$225,000. It is as cheap and as detestable as the betrayal of Christ for thirty pieces of silver; and the money appears to have been furnished in both instances by the Jews.
This amazing revelation was scarcely discussed by the senators. Perhaps they were shocked speechless. It has not yet been denied, despite the fact that our present Secretary of War was one of the conspirators. Senator Minton of Indiana defended the meeting and made a vicious personal attack on Senator Holt. Minton appears to have been supported by Barkley of Kentucky, Pepper of Florida, and Lee of Oklahoma. And thus the matter rests.
The measure was materially modified by the Senate Military Affairs Committee who fixed the age limit at 21 to 31, and the estimated number of men at 12,000,000, all of whom are subject to draft for training and service for a period of ten years. The measure contemplates training 1,000,000 men a year, at an estimated cost of \$1,000,000,000.00 per annum for each 1,000,000 men.
We have never had conscription in this country except during brief war periods. All of the requirements for the army and navy in peace-time have been filled by voluntary enlistment. Conscription will never be necessary to repel invasion. It is not necessary now, nor is it legal now.
Canada did not resort to conscription for the first twelve months of the present war. Her very recent conscription measure limits the period of enlistment and training to thirty days instead of twelve months, and Canada is now at war with Germany and we presumptively are not.
Senator Norris, who heretofore has been a consistant supporter of the New Deal, says this of the conscription bill;
"It will bring about a radical change in the historic course we have taken since the birth of our Nation. As I see it, Mr. President, that change, if it takes place, will inevitably lead us into a realm where we will have what we are complaining about in other nations—a dictatorship. I can see no escape from it. If we are to have compulsory military training in time of peace, we shall put ourselves on a level with the dictator nations of the world."\*
It is reassuring that so trusting a supporter of the New Deal as Senator Norris has heretofore been, has finally caught the drift of it. It is precisely for that reason—a dictatorship—that Henry L. Stimson, Frank Knox, Kuhn, Loeb & Co., Morgan & Co., and Julius Ochs Adler are spending their money for conscription. It is for that reason that the President of the United States has endorsed this bill and in employing the full power of his high office to put it over.
## PART II.
# THE SUBJUGATION OF AMERICA
# Franklin D. Roosevelt
"In order that our scheme may produce this result we shall arrange elections in favour of such presidents as have in their past some dark, undiscovered stain, some "Panama" or other—then they will be trustworthy agents for the accomplishment of our plans out of fear of revelations and from the natural desire of everyone who has attained power, namely, the retention of the privileges, advantages and honour connected with the office of president."—From Protocol 10.
There are certain unerring guides to a man's character, viz.: his associates and his work, "the way we do things." Generally speaking, a man is no better than the people he chooses for his companions, ("birds of a feather flock together,") and he should always be *judged by what he does*. None of us can be judged by our pretensions and our professions, and this is particularly true of politicians.
This chapter will discuss briefly the President and his pals; his work will be discussed in greater detail in later chapters. I do not personally know the President and his intimate associates, but the late Huey P. Long knew them well and intimately. His judgment of men and his estimate of them can be accepted with confidence, for he was fearless and honest, and capable in his appraisements. He was originally a strong Roosevelt man and he is said to have contributed more than any other one man to Roosevelt's first nomination;—indeed, such nomination appears to have been due largely to Mr. Long's support and effort. He often referred to this achievement as one of his greatest mistakes, regretfully saying that he swallowed Mr. Roosevelt with his blarney,—"hook, line and sinker."
flusher" and he challenged an investigation by the United States Senate,—and no one accepted the challenge.
The "kitchen cabinet" is composed of the men behind the scene who actually run the government. The Roosevelt administration up to this hour has been directed by his "kitchen cabinet. No important step has been taken, no important appointment made, no important speech delivered, that has not first had the approval of one or more members of his "kitchen cabinet." They are here stated with their background, in the order of their apparent importance, as follows:
Barney Baruch, Jew; New York stock gambler;
Felix Frankfurter, Jew; New York; Judge U. S. Supreme Court;
Henry Morgenthau, Jew; New York; Secretary of U. S. Treasury
Sam Roseman, Jew; New York judge; Roosevelt biographer;
Ben Cohen, Jew; New York attorney;
Harry L. Hopkins, New York; non-descript;
—all deflationists, warmongers, and un-American.
"There is such a thing as a bird flying when he sees you are going to shoot at him. We boys used to go out in the woods and try to get another kind of bird that does not wait for you to get ready to get a shot at him, but flies before you ever get a gun in your hand. I remember one time when I tried to shoot an old crow that I saw. I was riding along in a buggy and saw the crow on top of an old log off in the field, so I just rode up right behind a thicket so the crow could not see me at all, and reached into my buggy to get the gun to shoot the crow. Thick as that thicket was, the minute my right hand got back near the gun the old crow flew away. (Laughter.) The minute Brother Barney Baruch saw this thing squiggling he "got his" and got out, and appeared before the committee and, oh, he was a good man, and we have not seen him since. (Laughter.) He stood with the Hoover Administration until it was wrecked, inside and out. Mr. Hoover was flattened out worse than a pancake, and took his crusade over to Palo Alto, Calif., where, under the shade of the umbrellas, and cooled by the breezes wafted by the palms, he could sit and watch the wreckage, as old Nero watched the burning of Rome,—but old Brother Baruch came right on back down to the White House and got hold of another President.
"We have Presidents and Presidents, but Baruch goes on forever; and his clique, Baruch and Morgan, have managed to see to it that, notwithstanding the prerogatives and rights that have been granted to them, none have been granted to the two or three million soldiers who saved their hides."—Congressional Record, 75th Congress, p. 7592.
Elder Baruch was chairman of the War Industries Board during the period of World War I, and as such enjoyed the power and the delights and perquisites of being our Industrial Dictator. This rich, slick, wily and ambitious Jew stock-gambler aspires to again be our dictator, with political as well as economic power. He could now be Secretary of the Treasury, according to a press report, but he prefers to let Elder Morgenthau hold that job, and to bide his time for a bigger one. There is reason to believe that he is the political agent of the Rothschilds.
Morgenthau holds the most powerful and important position in the cabinet, viz: Secretary of the Treasury. There is the foreign Viennese Jew, Felix Frankfurter, appointed Justice of the U. S. Supreme Court by Roosevelt. General Hugh Johnson said of him that he is "the most powerful single individual in the United States." He estimated that Frankfurter is "responsible for the appointment of 125 men to key position in the government." The Jew Ben Cohen is one of his nominees. He actually writes the reform bills that are designated as "Administration measures" and that are tendered to Congress with presidential endorsement and usually adopted without material changes.
The President is himself of Jewish extraction. He admits it. It is immaterial whether he is one-fourth or one-half Jew, for the taint of blood is like the "leaven that leaveneth the whole lump." It is a biological fact that the hybrid inherits the characteristics of both breeds,—and Mr. Roosevelt is no exception to that rule.
with inferior races we deteriorate. No one can imagine that a mulatto or a hybrid China-man would make a good ruler. It is not in the blood and it is impossible. We instinctively regard the mulatto as a Negro, no matter how white he may be in appearance. The hybrid Jew is likewise a Jew and should be so regarded. A celebrated authority says on that subject:
"Only one of (the great questions of the times) is of causal importance, that is, the question of the racial preservation of the nationality. In the blood alone there rests the strength as well as the weakness of man. As long as the people do not recognize and pay attention to the importance of their racial foundation, they resemble people who would like to teach the greyhound's qualities to poodles, without realizing that the greyhound's speed and the poodle's docility are qualities which are not taught, but are peculiar to the race . . . He who wants to redeem the people from the qualities and the vices which are alien to its original nature will have to redeem it first from the alien originators of these expressions. Without the clearest recognition of the race problem and, with it, of the Jewish question, there will be no rise of the German nation."\*
Mr. Hitler has resurrected the German nation upon that firm foundation. Even more than that he has redeemed practically all of Europe. He has created a new order that may become world-wide. His achievements would have been impossible upon the basis of Jew government and Jew finance such as we now have.
\*"Mein Kampf," p. 469.
He made them one of his characteristic speeches in which he chided them with going from "Wirt to Wirt" in his absence. They appointed a Congressional Committee of Investigation, composed of the President's friends, who summoned before them several of the members of this meeting. They, of course, denied everything, the committee reported there was nothing to the charges, and the subject was laughed off. But it now appears from the report of the Dies Committee that there are more than 700 federal employees holding key positions who are members of a "communist front" organization, viz: the League for Peace and Democracy.
In a recent speech\* Congressman Martin Dies, Chairman of the Dies Committee, said of this pretentious League:
And so the brain-trusters, or a considerable number of them, are communists who are seeking to overthrow our government
The testimony before that committee was uncontradicted that they did have a meeting and that Dr. Wirt was invited to this meeting and attended it. It was also uncontradicted that they did discuss the subject of dictatorship. The principal difference between Dr. Wirt's testimony and that of the other participants in the meeting who testified was that Dr. Wirt testified that they said that Roosevelt was the "Kerensky" who would pave the way for a real dictator—a Stalin—which they denied. In view of the fact that it is a part of the code of the communists to lie and deceive, (as was found by the Dies Committee) we should accept Dr. Wirt's testimony as true.
Despite the revelations of the Dies Committee we still have at least 680 communists in Washington on the government payroll who are "boring from within" and seeking the destruction of our government, and paving the way for a dictator. By a word President Roosevelt could have them all removed from office, but he has not spoken that word. Why does he tolerate these traitors and their nefarious work? There is and can be but one answer, and that is that he is in sympathy with what they are doing. They are there to take over when the occasion arises. This throws some light upon the efforts of the President and his wife to suppress and discredit the work of this committee.
the communists the benefit of her sympathy and support, and to encourage them.
Mrs. Roosevelt's maiden name was also Roosevelt, she is the President's cousin as well as his wife, and has the same Jewish blood in her veins. At a recent convention of the National Youth Congress, composed of communists of all ages from youths in their teens to aged men and women, she appeared on the stage with them and entertained many of them as guests at the White House.
The President has been a politician all of the years of his life and has had Jewish support during that entire period of time. By profession he is a lawyer but has never distinguished himself in that capacity. So far as the record reveals, he has never had a client or tried a lawsuit.
For a time Mr. Roosevelt was vice president of a "fly-by-night" insurance company, and for another period of time he was president of United States Investors, Ltd., a swindling syndicate that sold the public worthless Jewish-manipulated German currency. He inherited a fortune that was acquired by his Jewish ancestry, some of whom were money lenders. When out of office he has lived with mamma and been supported by mamma on Granpa Rosenvelt's money. This is a condensed true story of the life of our glamorous, ambitious, warrior President.
There can be no understanding of Commu
This explains the riddle of the Lamont family. Thos. W. Lamont, a partner of J. P. Morgan & Co., was our representative to the Brussels financial conference that sought to establish the gold standard throughout the world. His son, Corliss Lamont, is an active communist. Both father and son are working for a dictatorship; the father laid the foundation for it, and the son carries on the active work.
America, but that meant nothing to them. It is one of their boasted, cardinal principles, that the end sanctifies the means, and that they may lie, steal and murder to accomplish their ends. Prior thereto our government and most of the governments of the world refused to recognize the Russian government because it supports the Third Internationale, a political organization for the propagation of communism. It is this organization which is financing the communist movement in this country, which means that the Russian government is doing so.
Mr. Roosevelt has recently made some important changes in his cabinet. He fired ex-Governor Woodring as Secretary of War because he was opposed to selling our army and navy war equipment to England, and was opposed to our declaring war against Germany. He appointed in his place, Henry L. Stimson of New York, for the reason that he favors our intervention in the war and our rendering every possible aid to England. He also appointed Col. Frank Knox of Illinois as Secretary of the Navy, for the same reason.
The following is Roosevelt's present cabinet, with their Jewish hook-up:
Secretary of the Treasury: Henry Morgenthau, New York, Jew:
Secretary of War: Henry L. Stimson, New York, attorney for Kuhn, Loeb & Co. (Rothschild Bank);
Secretary of the Navy: Frank Knox, Chicago; publisher Daily News (Rothschild paper);
Secretary of the Interior: Harold F. Ickes, Chicago; member "American Civil Liberties Union" (communistic):
Secretary of Labor: Madam Frances Perkins (nee Wutsky), New York: "nink:" nationality unknown:
What a Rothschild aggregation! What a Jewish and pro-Jewish aggregation! What a warmonging aggregation! The cabinet is presumed to represent the people of the United States and to be selected from different sections of the country. Who is represented here except the Jews? And what sections except the cities of New York and Chicago?
It is reported that there are 18,000 Jews and many thousand communists holding government positions in Washington. It is not yet quite as bad as it was in Russia before the purge, where it said that 76% of the Jewish population held government jobs. The most outrageous of all the President's appointments was that of the Jew-Communist, Felix Frankfurter, to the Supreme bench. Frankfurter is the reputed author of the N. R. A. and other new deal legislation, and will, of course, as a judge, sustain their validity. Worse than that, he is an active "Elder" and an active member of the "American Civil Liberties Union," a communist organization whose object is to impair and destroy our government.
This report is fully sustained by the evidence reported by the Dies Committee. Roger Baldwin, the national director of this "Liberties Union," testified that it advocated the overthrow
\*Quoted from Senate Doc. 14, 68th Congress, Page 7.
of our government "by force and violence," and "murder and assassination." It appears also from this evidence that both Felix Frankfurter and Harold Ickes are members of it. It also appears that it is allied with and supports the "International Labor Defense Organization" which is the legal department of the Communist Party. (See Report of the Dies Committee, pages 83-86.)
It is this latter organization that defended Mooney, and Sacco and Van Zetti and the murderers of the officers at Gastonia,—Marion, North Carolina, and the Negroes in the Scottsboro case. They were all convicted communist murderers, except the Negroes, who were convicted for the rape of a white woman. These dastardly convicted criminals have been lionized by the Jew press as if they were persecuted heroes.
The President appointed Kamerads Frankfurter and Ickes to two of the highest offices in our government. He must have known when he appointed them that they were communists and advocate the overthrow of our government. If he did not have this knowledge in the beginning he has it now, and he has not called for their resignations. He must have had it in the beginning, for they are his intimate bosom friends and are frequent visitors in his home.
# The committee further reports:
"American League for Peace and Democracy.—The committee finds on the basis of overwhelming and conclusive evidence that the American League for Peace and Democracy is a Communist "front" organization . . .
"These self-styled Social Democrats pledged themselves to work for civil war in their respective countries in the event of another international conflict.";
\*†Report 1476, House Representatives, 76th Congress, 3rd Session.
The committee further reports that this organization (American League for Peace and Democracy) is financed by the Communist Party. Thus it appears that this is a militant organization, not for peace but for war; that its real purpose is to promote a revolution to overthrow our government when we become entangled in war, which means that if Mr. Roosevelt inveigles us into World War II that this organization will then get actively to work to overthrow our government.
The President has clandestinely subjected us to the jurisdiction of the "World Court," correctly called "the back door to the League of Nations," despite our refusal to join either the League or the Court. By proclamation issued August 24, 1924, the President accepted membership in the International Labor Organization on behalf of the United States.
This organization is a creature of the League of Nations, composed exclusively of members of the League. One of its purposes is to standardize the hours and wages of labor throughout the world, and its decisions are subject to review only by the world court and not by our Supreme Court.\* It can hardly be called a coincidence that John L. Lewis now seeks to carry out in America the mandates of the I. L. O.
This is what the Special Committee of Investigation of the United Mine Workers of America said of the program of the Communists:
"The major points in this revolutionary program of the Communists are:
- (3) Destruction of all social, economic, and political institutions as they exist at this time.
- (4) Seizure of all labor unions through a process of boring from within' them, and utilizing them as a strategic instrument in fulfillment of their revolutionary designs upon organized and constitutional government." \* \* \*
During this long and much publicized controversy between John L. Lewis and Wm. Green, we have heard a great deal about "one big union" and "crafts union"—Lewis' organization being a "one big union" organization and Green's a "crafts union." That is now, and has been from the beginning, the fundamental difference between them. But we did not know that the "one big union" is a communist scheme for satbotaging American institutions and the American government. This report of the United Mine Workers is cited with approval by the Dies Committee.
The Dies report mentioned says this of the C. I. O.
It is Stalin's plan to overthrow the American government through one huge labor organization. In order to bring this about it is necessary to communize the A. F. L., which he has in the past vainly tried to do. He promoted the C. I. O. as a
\*See Government Document No. 874 and Senate Joint Resolution 131.—Congress.
rival organization, but since it has been unable to absorb the A. F. L., the next best thing is to amalgamate the two, and through "boring from within" to finally communize organized labor.
Is not that also the purpose of the President of the United States? If that is not his purpose then why has he sought to bring about a coalition between two rival labor organizations, not once but repeatedly and persistently? The answer and the only answer is that it is the program of the protocols, of the Third Internationale, and of the Communist party. They seek to create one huge labor organization and to gain control of it, and through it to overthrow our government. Ezra Chase, a communist organizer, testified before the Dies Committee that the Communistic plan for subjugating America was to bring about a general strike in case of war, and thereby to bring about revolution.
And who will be our dictator? Who now, and for the past seven years has been working feverishly to obtain the powers of a dictator? Who has bankrupted our national government and the people of America in order to bring about revolution and dictatorship? None other than the man who arose from a bad dream in the middle of the night to inform the American people that he was not suited for the job of dictator,—when nobody had accused him of it. None other than the man who for the first time in the history of our country now seeks to be elected President for a third term.
## XIX.
"Who and what is in a position to overthrow an invisible force? And this is precisely what our force is. *Gentile* masonry, blindly serves as a screen for us and our objects, but the plan of action of our force, even its very abiding-place, remains for the whole people an unknown mystery." From *Protocol 4*.
The House of Representatives appointed a committee to investigate "Un-American activities," known as the Dies Committee. This committee is composed of the following members, viz:
The first four named are Democrats and the latter three Republicans, but the committee nevertheless filed a unanimous report.
The committee started out by investigating Nazi activities. It appears from their report that there is a "German American Bund" that has some connection with the German government. It states that Fritz Kuhn places the membership at 20,000 to 25,000, but that the Department of Justice estimated it at 6500 in 1937. There is also an "American Italian Black Shirt Legion," about 10,000 strong. While the committee finds that the German Bund "must be classified as an agent of a foreign government" there was no evidence or finding to the effect that it is seeking the overthrow of our government. On the other hand, the purpose of the German Bund appears to be to develop loyalty to both their fatherland and their adopted country.
So long as the committee confined its investigation to Nazi activities everything was fine and lovely, but when it turned to the Communist what a howl went up from the Jewish press and leaders—led by Franklin D. Roosevelt, Harold Ickes, and Madam Perkins. In the beginning it was.
But when the committee began to examine the record of the Communists, the President, from his high office, denounced and belittled them; something unprecedented in American history. Why? Answer that to your satisfaction if you still believe in the sincerity of Franklin D. Roosevelt. There is but one answer and that is that the President wanted to suppress the investigation of the Communists and to disparage the report of the committee.
Why should he want to do that? No answer except that he is a Communist and he does not want the truth revealed. He wants the Communists to succeed in their secret, nefarious work. Whatever else may be said of Mr. Roosevelt, he is no fool. He and his Jewish advisers know what they want and how to get it, and they are working adroitly and secretly and relentlessly to accomplish their ends. If the President and Secretary Perkins do not stand for sabotage and communism, why do they so steadfastly refuse to deport the alien red, Bridges, and others of his kind?
Be it said to the everlasting credit of the Dies Committee and the House of Representatives that the committee was not swayed or intimidated by this fulmination of the President, and that the House by an overwhelming majority re-appointed them, and by a vote of 320 to 27 appropriated sufficient funds to continue their work.
I quote from the report of the Dies Committee liberally because the subject is one of such vital importance to us all:
"We have shown that communism is a world-wide revolutionary movement aiming ultimately at the setting up of a world union of soviet socialist republics. This is a proposition which is beyond dispute. It is substantiated by voluminous literature of the Communists themselves . . .
"The Communist code of ethics not only permits, but actually glorifies as virtuous, such immoralities as perjury, destruction of property, the beating and maiming of workers who refuse to follow the dictates of the Communists, shootings, stabbings, kidnappings, and bombings. It is even a matter of boasting among Communists that Stalin robbed banks in the days before the Communist regime was set up in Russia.
\*House Report No. 2, 76th Congress, 1st Session, pages 26 and 29.
This Jew-deal "stifles the creative inpulse of the individual by its deadly regimentation." It "seeks to sabotage our economy" by maintaining deflation. Through its Resettlement Administration it has organized "the Negro population" and is seeking to communize them and "promote race hatred." It "seeks to silence hostile crticism by charging its critics with red baiting while at the same time it viciously baits those who dare oppose it."
It is reported that there are now 80 times as many communists in America as there were in Russia when the Russian government was overthrown, and three and one-half times more than there are in Russia today; that they have in the United States 800 national organizations with thousands of branches having an estimated membership of 6,500,000; that they have 600 newspapers and magazines printed in all languages and circulated regularly in the United States; that they own publishing houses, book stores, film laboratories and theatres, etc., that they maintain 200 national so-called cultural movements, 62 national communist youth movements and 33 national so-called defense movements; and that they spend an estimated \$10,000,000 annually in the United States to promote civil war.\*
\*See Report of Walter S. Steele, of the National Republic, Washington, D. C.
In view of this menace to our country, it detracts from the report of the Dies Committee for it to devote several pages to a discussion of the German Bund and to classify this Bund with the communists. Even if it has 25,000 members, and even if they are actively at work (and the report of the committee does not disclose it) they are a mere bagatelle as compared with the activities of the communists. It is the contention of the Bund leaders that they are combatting communism and that that is the purpose of their organization.
General George Van Horn Mosely submitted a strong statement to the committee in which he showed conclusively that this communism that now confronts us and which the committee so clearly portrays and forcefully condemns, is of Jewish origin and is financed and promoted by Jews. The committee knows that this is true but they refused to accept General Mosely's carefully prepared and truthful statement to that effect. In their two reports there is not a word that reveals the real authors of the deviltry that they condemn. Why? It is because of the "invisible power and its abiding-place."
I do not wish to detract in the least from the committee's very able report. They have honestly and courageously revealed a threatening situation that we did not know existed. In passing judgment upon their work we should take into consideration the invisible power that rules our country and our government. Already this power has publicly threatened to contribute \$250,000 to defeat Martin Dies, chairman of the committee, in his present race for re-election. This invisible force "whose abiding place is unknown" has the power to defeat any member of this committee for office, and the power to elect a president of the United States.
This power is manifested in the effort of President Roosevelt to suppress the work of the Dies Committee, in the propaganda of the press and radio to drag us into war, and the distress and poverty that pervades the land. Its "abiding place" has been in Paris, France, and in the directing head of the Rothschild fortune, to-wit: Jeroboam Rothschild alias Georges Mandel. All of this pernicious activity by many agencies to subvert our government, in the final analysis reaches back to that head.
No foreigner should be admitted to citizenship or to hold office, whether Jew or Gentile. We, the American people are the "chosen people," and not the Jews and the foreigners. We are capable of running our own government in our own way without their help; and they are not capable of doing so. They have not had the necessary training, and a few years of residency here does not imbue them with our spirit of morality and government. They can not be changed over night by merely taking the oath of allegiance.
We should classify the Jews as a race and bar them from entering the United States. We have barred other Asiatics,—Japanese, Chinese, etc. Why not the Jews? They are less desirable than the Chinese and Japanese because they are shrewder, more destructive, and their goal is to fleece us and to destroy our government. All Jews who have migrated here since 1914 should be deported, together with their progeny.
The foreigners have polluted our citizenship and our government. They are our communists and our gangsters. They are the authors and promoters of the new deal.
#### XX.
# Corruption, Everywhere Corruption
"We shall create an intensified centralization of government in order to grip in our hands all the forces of the community. We shall regulate mechanically all the actions of the political life of our subjects by new laws. These laws will withdraw one by one all the indulgencies and liberties which have been permitted by the goyim, and our kingdom will be distinguished by a despotism of such magnificent proportions as to be at any moment and in every place in a position to wipe out any goyim who oppose us by deed or word."—From Protocol 5.
Jno. J. Hines, recently convicted of graft, was the dispenser of relief funds for the Roosevelt regime in New York City. He was an appropriate and an artistic administrator of these funds. The corruption was so foul and rotten that it appears to have turned the stomach of even so tough a politician and so loyal a friend as Jim Farley.
It is the philosophy of the Roosevelt regime to "tax, tax, tax, and spend, spend and spend, and elect, elect and elect." According to the press reports Harry Hopkins, our former relief administrator and present Secretary of Commerce, actually boasted of it,—which he of course denied. Whenever they make a slip and give us a glimpse of what they propose to do to us it is always a "damned lie" or a "deliberate lie."
Everywhere it is bribery and corruption. Senator Tobey, in a speech in the United States Senate, said:
"Shame on the American people! There is something the matter with us today. Are there any strings on us? Are we still free men? If so, we should cry out, 'Unclean! Unclean! and determine that so far as lies within our power we will put the bars up against a repetition or recurrence of such practices."
Never before this regime have we had anything like it. We have never before had a President whose family personally profited or sought to profit through his prestige and power. The Roosevelt family are "out for the dough." They appear to be content for the balance of us to be poor, but for themselves they prefer "the fleshpots of Egypt."
The Saturday Evening Post (before the Jews bought it) published a series of articles revealing Col. Jimmy Roosevelt's enormous profits from the insurance firm of Sargent & Roosevelt. Insurance is a favorite method of graft because it is semilegitimate, easily concealed, and the "picking" is rich. A suit was filed by a firm of insurance brokers against a Boston bank for \$25,000 for insurance premiums, alleging that they were entitled to these premiums and that the bank had diverted them corruptly to Roosevelt & Sargent in order to obtain favors from the Roosevelt administration.
The above quotation from Senator Tobey was about insurance that a ship-building company had been forced to place with the son of a powerful Washington official, without naming the father or the son. If it was not Jimmy there must be others in the same game, but the probability is that it was Jimmy.
Shortly before or after this exposure by the Saturday Evening Post, Jimmy was made secretary to the President and a Colonel in the Marines. The latter position is a sinecure since he performs no service, but it carries a salary of \$10,000,—a rather generous gift from Dad, of the despised taxpayers money.
Jimmy held the position of secretary to the
It has since developed that indictments were pending against Sam Goldwyn and others for violation of the anti-trust laws, and that Jimmy was made a defendant in these bills of indictment. Does anyone imagine for a moment that Jimmy will be prosecuted, convicted and punished? How can he be released without releasing the others? These slick Jews don't pay big salaries from love and affection; it is always quid pro quo with them. But Jimmy proved a disappointment. He did not get the anti-trust suit dismissed and the love match is over. Some coarse grained observer unfeelingly said that when Sam discovered that Jimmy was not president of the United States he fired him. Jimmy is now a producer on his own, or with his mother.
When Col. Jimmy went with Sam he resigned his position with Sargent & Roosevelt; and his mother, Eleanor, was elected a director in his place; the business was too profitable to allow it to get out of the family. Mrs. Eleanor Roosevelt is writing a daily column for the press under the caption "My Day,"—and surely it is her day and also that of her family. It is a profitable day and they are all "making hay while the sun shines." She is periodically advertising a cosmetic over the radio. From these activities she is receiving large emoluments;—not by virtue of her ability, for she is mediocre, but because she is the wife of the Presdient of the United States.
The Roosevelt family are thrifty people; they overlook no opportunities. It is in the blood. The New Deal regime is rotten from top to bottom and from center to circumference. It is an alien regime;—alien to our code of morality, to our system of government, and to the spirit of our institutions. It is a typical Jewish Administration.
It is reported that when the President visited Brazil in November, 1936, he made a speech in which he said:
"I am leaving you tonight with great regret. There is one thing, however, that I shall remember, and that is that it was two people who invented the New Deal—the President of Brazil and the President of the United States."—From Congressional Record, March 17, 1939, p. 4805.
No, the Presidents of the United States and Brazil did not "invent the new deal" as Mr. Roosevelt boastfully says. It was handed to both of them by International Jewry, the "learned Elders of Zion." To Mr. Roosevelt through Elders Baruch and Frankfurter, and to Mr. Vargas through other Elders.
The President of Brazil was elected as a liberal. Soon after his election he overthrew the constitutional government of Brazil and assumed the role of a dictator. It was a mere "push over."
Two kindred spirits with the same plan and the same objective. The difference between them is that Vargas has got there and Mr. Roosevelt is still "On Our Way." We can well imagine what would have happened if the President had succeeded in his "purge" campaign; and it will happen anyway, if he is elected for a third term.
"An applicant stood at the gates of hell, And the devil himself had answered the bell. He looked him over from head to toe And said: "My friend, I'd like to know What you have done in the line of sin to entitle you to reside herein."
"Then Hyde-Park D., with his kosher guile, Stepped forth and flashed his toothy smile. 'When I took charge in Thirty-three, A nation's fate was mine,' said he. 'I promised this, I promised that, Then calmed 'em down with a fireside chat.
"'I spent their money on fishing trips,
And fished from the decks of their battleships.
I gave them jobs on the W. P. A.,
Then I raised their taxes and took it away,
I bossed their wages and closed their shops,
I killed their pigs and burned their crops.
"'I double-crossed both old and young,
And still the goofs my praises sung.
I brought back beer, and what do you think?
I taxed it so high that they couldn't drink.
I supplied them cash with government loans;
When they missed a payment, I took their homes.
"'When I wanted to punish the folks, you know, I'd put my She on the radio.
I paid them to let their farms lie still,
And imported food-stuffs from Brazil.
I curtailed crops when I felt real mean,
And shipped in beef from the Argentine.
"'My workers worked with the speed of snails, While taxpayers chewed their fingernails. When the Red-Jew mobsters needed dough, I closed up plants for the C. I. O. I ruined jobs by my New Deal stealth And put the screws on rich men's wealth!'
"Now Hyde-Park talked both long and loud, While the devil stood and his head he bowed. At last he said: 'Let's make it clear, You'll have to go—you can't stay here. For once you mingled with my mob, I'd have to look for another job!"
Mr. Roosevelt has built on his Hyde Park estate in New York a mausoleum or sanctuary in which all of his personal papers will be stored and his remains interred, and which will be open to the public. Evidently he anticipates that he will be worshipped as the founder or a new order and that there will be pilgrimages to his tomb, as there are to Lenin's. "Vanity, vanity, all is vanity" and conceit. In the language of Puck: "O what fools these mortals be!"
We are now suffering from a transitional period when the Jews are attempting to create an "intensified centralization of government," and to "regulate mechanically all the actions of the political life by new laws." They are seeking to bring this change about by lies and corruption. Everything they propose is explained with a lie and often sugar-coated with corruption.
The most dastardly form of this corruption is that of the youth of the land. Rabbi Reichhorn said in his oration to the
"But above all let us monopolize Education. By this means we spread ideas that are useful to us, and shape the children's brains as suits us."\*
When the Learned Elders came to write out their plan of conquest, for their own instruction and guidance, they said on that subject:
"We have got our hands . . . into education as being the corner-stone of a free existence. We have fooled, bemused and
\*See Appendix II.
corrupted the youth of the goyim by rearing them in principles and theories which are known to us to be false, although it is by us that they have been inculcated."†
Our fine inexperienced young men and women, eager for knowledge, receive and absorb this insidious poison and their minds and characters are warped by it. These false political and financial theories are all a part of their plan for the subjugation of the people of the world. It was the plan pursued in eGrmany, even in the age of Disraeli, which culminated in World War I and finally World War II. Sidonia (Rothschild) then observed that most of the "professorial chairs are now in our (Jew) hands" and that the result would be revolution and war. That situation prevails here today.
#### XXI.
# Federal Reserve System
"The present issue of money in general does not correspond with the requirements per head, and cannot therefore satisfy all the needs of the workers. The issue of money ought to correspond with the growth of population and thereby children also must absolutely be reckoned as consumers of currency from the day of their birth. The revision of issue is a material question for the whole world."—From *Protocol 20*.
The expansion and contraction of currency and credit is the method of the Elders for absorbing the wealth of the world, and it is the surest and quickest plan. Compound interest would eventually do so except for the increasing supply of the precious metals and increasing wealth. This method, as certain as it is, is too slow for the "learned," greedy, and ambitious Elders. By expansion and contraction of currency and credit the rich are always made richer and the poor are made poorer; and the possessions of the weak are acquired by the strong, and thus great wealth and great poverty are created.
Obviously, a country can not be subjected to currency and credit manipulation that has a sufficient quantity of money or currency in circulation, for credit is directly dependent on the quantity of money in circulation;—the more money the greater the basis of credit; the less money the less the basis of credit. Credit is, of course, dependent upon the will of both the man who seeks the credit and the one who extends it, but it will not be sought or extended if there is thought to be an inadequate volume of money for its redemption. It is essential in order to control at will the expansion and contraction of credit that there be some supreme authority with the power to increase or decrease at will the volume of money in circulation.
Prior to the regime of the Rothschilds this power resided in the kings and emperors of the world, for they were then the supreme authority. In our country our National Constitution vested this power in the Congress of the United States. At the time of the adoption of our National Constitution state banks issued their currency notes payable in gold and silver which circulated as currency, and this system continued until after the Civil War. This state bank currency added materially to the volume of money in circulation and to the stability of credit and of values. Since the Civil War and until recently National
banks issued their currency notes, based upon United States bonds and redeemable by the national government, which circulated as currency and which contributed materially to the supply of money and the stability of credit and of values.
Under the Rothschild influence the banking systems of the world were all radically changed. The supreme authority to issue money, as well as to extend credit, was transferred by the various governments to the bankers of their respective countries. The Bank of England became the model for other central banks of the world.
There was universal demand for a change of the system and for an adequate volume of money to meet the demands of commerce. Congress appointed a committee, called the Monetary Commission, with Senator Nelson W. Aldrich of Rhode Island as chairman, to study the banking systems of the world and to report its findings. This committee made one or more trips to Europe and some two years after its appointment filed an exhaustive report of more than four thousand pages, which was never read by anybody. In the meantime the bankers and the various commercial bodies and the farmers and the laborers in their conventions, and the politicians and the press were all with one voice demanding a banking and currency system that would make future panics and depressions impossible.
The keynote of President Wilson's campaign for the presidency in 1912 was the reform of our banking and currency system and he was elected upon that issue. Immediately after his
election he submitted that subject to Congress in a very strong message, pointing out the inadequacy of the existing system and the necessity for a system that would provide an adequate supply of currency and credit to meet the demands of industry and commerce and that would insure the full employment of labor, and high prices and wages. His message and his campaign speeches all indicated that he had a keen understanding of the money question and that he desired to establish a system that would afford an adequate volume of money and credit, and would sustain high prices and wages.
There then followed a great struggle, feigned or real, between the big city bankers and the Administration. The bankers sought to establish a central bank with power to control currency and credit and with themselves in control of the bank. They threatened that if this was not done that they would denationalize and would have nothing whatever to do with the system. The Administration apparently sought to reserve to the government its sovereign power to issue money and to establish a decentralized banking system to supply credit. The question of the conditions under which new currency would be issued and whether or not the currency note should be a bank note or a government note were important issues in the struggle.
The original Federal Reserve Act emerged as a result of this controversy. The big banks without a single exception were satisfied and accepted this system. President Wilson and Secretary McAdoo were apparently satisfied with it. President Wilson said of it, that it was a charter of freedom to commerce and industry and that men could go forward with their undertakings with assurance and without fear that their possessions would be taken from them by the contraction of currency and credit.
In the midst of this campaign for the reform of our banking and currency system Paul Warburg, a German Jew, migrated from Frankfort-on-Main, the original home of the Rothschilds, to America. He was at the time a member of the Rothschild banking firm in Frankfort-on-Main and he became a member of Kuhn, Loeb & Company in New York, the American branch of the Rothschilds, upon his arrival here. The following is the Naval Secret Service report on him in December, 1918:
"Warburg, Paul, New York City, German; was naturalized an American citizen 1911, was decorated 1912 by the Kaiser; was vice-chairman of United States Federal Reserve Board; is a wealthy and influential banker; handled large
sums furnished by Germany for Lenin and Trotsky; subject has a brother who is leader of the espionage system (of Germany)."
The brother here mentioned was Felix, who afterward migrated here and was a member of Kuhn, Loeb & Co., and Chief of the American Elders. Soon after his arrival in New York Paul Warburg called in conference the leading New York bankers and submitted to them a plan for the reform of our banking and currency system, which they enthusiastically endorsed. It was then submitted to the Aldrich Monetary Commission and approved by the commission, despite the fact that they had spent two years of study and filed a four thousand page report on the subject. It was in its essential features the charter of the Bank of England. The Aldrich Monetary Commission submitted this plan to Congress in the form of a bill known as the Aldrich Bill.
The Democrats immediately arrayed themselves solidly against it. There was great opposition to it throughout the land because it was openly and brazenly a centralized banking system that vested the bankers with the sovereign power to issue and control the volume of money, and because also of our very sad experience with the First and Second Banks of the United States. Upon this issue primarily the Republican Party was defeated and President Wilson and the Congressional Democratic candidates elected.
It thereupon became necessary to revise and rewrite the Aldrich Bill and to at least camouflage it in order to make it acceptable to the country. Frank A. Vanderlip, then President of the National City Bank, gives an account of this revision in his memoirs. It appears therefrom that he and Henry Davison of J. P. Morgan & Company, and Paul Warburg of Kuhn, Loeb & Company held a secret conference on Jekyll Island (how appropriate the name) near Savannah, Georgia, and that they then and there rewrote the bill conforming it in appearance to the requirements of President Wilson and the Democratic Party, but preserving the substance of the Aldrich Bill.
name. Paul Warburg claimed it because it was in fact his baby and he acknowledged it as such. He supplied the frame work of it, which was colored and mildly altered by Vanderlip and Davison. But President Wilson and McAdoo and Glass had practically nothing to do with it except to pilot it through Congress.
The Federal Reserve System is the product of the Rothschilds and its adoption was secured in the same underground, deceptive manner that they always employ to obtain their objectives. Paul Warburg evidently came to America to reform our banking and currency system and evidently he and the Rothschild interest then anticipated the world war, although it did not come about until some three years later.
They, of course, knew that such war would necessarily produce great expansion of currency and credit and of values and that money would be cheapened accordingly and that a "killing" could be made by contracting it. They also knew that America as the producer and seller of food and war materials would receive vast quantities of gold in payment for them. They also knew that under our financial system as it then existed this great influx of gold would enormously increase our volume of money and basis of credit, that money would be correspondingly cheapened and values increased and that great and permanent prosperity in America would be the inevitable result, and that this inflation and prosperity would likely extend to all other countries. It was, therefore, necessary to their plans to sterilize this gold and to put the American banking and currency system on a credit basis and to bring it under their own control.
This is the sordid story of the g
#### XXII.
# Deflations of 1920 and 1930
The language and the phrases of the original Federal Reserve act were so obscure and ambiguous, that President Wilson and Congress may have been deceived into believing that it was in fact what it pretended to be. It may be that the President accepted it as being in his judgment an improvement over the then existing system and as being the best bill he could then get. It may be that he expected to later perfect it by amendment and to make it the reliable servant of commerce and industry and of the people, and not their tyrannical master.
If such was the President's purpose it has operated "the other way around." It has been perfected, it is true, but it has been perfected as a central bank with the sovereign power in the "Federal Reserve Board" to "issue money and control the value thereof" in plain violation of our National Constitution.
Every perfecting amendment that the Elders have wanted has been adopted by a complaisant Congress until it now has infinitely more power than either the First or Second Banks of the United States ever had and more than the Aldrich Bill proposed, and it has abused such power shamefully and to the irreparable injury of the American people. Senator Glass may be entitled to credit for these perfecting amendments though they bear the earmarks of the Rothschilds. It is he who has sponsored and piloted them through the United States Senate and through Congress.
retary of Agriculture, had been appointed Secretary of the Treasury. In the meantime, also, Barney Baruch had supplanted Edward M. House as President Wilson's confidential adviser. This was the set-up when the deflation of 1920 was decreed.
It was a great shock to the bankers of the country when they found that they could not discount their "eligible" notes and bills at the Federal Reserve Banks. It had been proclaimed throughout the length and breadth of the land that agricultural and commercial notes could, by the endorsement and guaranty of member banks, be converted into currency ad libitum. The banks and the people were importuned by the treasury department and other government authorities to buy government bonds and to produce food in order to help win the war, and consequently the people had borrowed liberally and the banks had extended credit liberally, believing that the Federal Reserve System would extend credit if needed.
Then without previous warning the Federal Reserve management arbitrarily refused to extend credit to the member banks that served the commercial and agricultural interests of the country. The Federal Reserve authorities at first denied responsibility, claiming that the deflation was a natural reaction from high prices and wages, that it originated in Japan, etc. After the publication of the minutes of the secret conference of May 15, 1920, of the Federal Advisory Council, Federal Reserve Board and the Governors of the Federal Reserve Banks, they then admitted that the job was theirs and admitted also that it was a mistake.
These minutes, which they thought no one could ever dig up, set out in detail what they proposed to do, the manner of doing it and the reasons therefor. They said in substance that the "vicious circle of increasing prices and wages must be checked;" that people were extravagant and that this must be corrected; and strange as it may now sound they said also that people were not working hard enough and not producing enough goods to meet the demands of the world!
They proposed to correct all of these things by refusing to issue currency and extend credit. Of seventy bankers, who attended this conference, only two voted against this unjust, illegal and destructive program, which demonstrates, if demonstration is necessary, how unwise it is to invest an interested class, even as intelligent and righteous as the bankers profess to
be, with the sovereign power to fix and regulate values and the prosperity of the country. No doubt some of the bankers who voted for this program suffered grievously as a consequence of it.
There followed one of the most destructive panics and depressions this country has even known. The borrowers who had extended their borrowings to meet the demands of their government, and the banks that extended credit most liberally for the same purpose, suffered most. Many of them became bankrupt and many of them, both borrowers and lenders, died by suicide and despondency and disease as a result thereof. Even government bonds were depreciated to such an extent that the original owners lost them and the banks that took them under foreclosure lost money on them.
With such terrible consequences and with proven and admitted responsibility for them it is difficult to believe that Congress would do nothing about it. But strange as it may seem no serious effort has ever been made to curtail the power that brought such disaster upon the country. On the other hand, it has been enlarged and amplified and legalized, as far as Congress can do so, by perfecting amendments;—always sponsored by Carter Glass.
It was, of course, necessary for the Federal Reserve banks to loosen up in order to prevent a debacle, with the result that there was considerable recovery in 1927, 1928 and 1929, and with the result also that there was considerable speculation in 1929 in anticipation of still further recovery. For the pretended purpose of checking this speculation the Federal Reserve management again decreed deflation, which they brought about in 1930 in precisely the same manner as in 1920, viz: by the contraction of currency and credit.
They made no "bones" about it this trip; it was done openly and above board and they have never denied it, Congress having condoned the crime once it was assumed it would do so again. And Congress not only condoned both crimes but it has legalized the methods employed; and not only that, it has granted an indefinate charter to the system and has given it additional power to deflate.
The 1930 deflation was a reproduction of 1920 with substantially the same results. Our national wealth which had increased during the ten years intervening to about 400 billion dollars, was reduced 40 to 50 per cent. It bankrupted many men and many banks that had survived the depression of 1920 and many younger men who were in the midst of establishing themselves; it transferred the property of the debtor to the creditor; it operated with the greatest severity on the farmer and the laborer and their families; it reduced the value of farm products below the cost of production, in consequence of which many farmers lost their homes and means of living; it closed factories, and thereby about twelve million laborers lost their jobs and means of living and many of them lost their homes and became public charges.
Both of these depressions were far more serious in their results than the short lived manipulated panic of 1907. The panic of 1907 was over almost as soon as the banks resumed their ordinary function of paying the checks of their depositors in currency. At that time it was beyond the control of the Elders to force a substantially lower level of values because our banking system was then on a currency basis and not wholly on a credit basis as it was in 1920 and in 1930 and is now.
Organized ostensibly to supply an adequate volume of currency and credit the Federal Reserve System has been perverted into a vast money and credit hoarding machine; organized for the pretended purpose of preventing panics and depressions, it has been employed to create the three most disastrous ones in the history of our country. Obviously, the remedy for the panic of 1907 was for the government to put into circulation a greater volume of money and to outlaw as traitors the conspirators who brought it about. Obviously, the remedy was not to turn over to these pirates the sovereign function of issuing money, as the Federal Reserve Act did.
The remedy for the catastrophes of 1920 and of 1930 was and is now to get more money into circulation and to free the country from the control of this iniquitous Federal Reserve System. Obviously it was not to extend the power and charter of the system; and obviously also, it was not the "new deal." The
remedies suggested are so clear and simple, and those adopted are so inadequate and grotesque that even a congressman ought to be able to see and understand the sham and hypocrisy of it all.
The methods employed in putting over the English Bank Act were almost identical with those used here in perpetrating the Federal Reserve Bank hoax. The British people did not understand that they were contracting their currency by demonetizing silver, and that their government was forever abdicating its sovereign right to control currency and credit and values, any more than we understood these things.
They, however, obtained two important advantages that we did not get: (1) They were paid for the charter and for every one of its eight renewals, whereas we gave the Elders the charter and then renewed it indefinitely and we did not recieve a "thin dime" for this valuable monopoly; (2) The Bank of England (and for that matter the central banks of issue of all other countries) lends money direct at a low rate of interest to the people, whereas the Federal Reserve bank is authorized to lend only to member banks;—a "banker's bank" they call it, and so it is—"lock, stock, and barrel."
#### XXIII.
It should always be remembered that the Federal Reserve System was created for the avowed purpose of supplying the country with an adequate volume of currency and credit. At the time of its consideration and adoption the commerce of the country was in the process of recovery from the panic of 1907. This panic was, as has been stated, a manipulated panic, precipitated by the central reserve banks of New York City, and primarily due to the fact that we did not have a sufficient volume of money in circulation; the system was changed for the purpose of supplying such volume.
There was universal demand for such change, led by the bankers of New York City. So eager were they for a change of system that the elder J. P. Morgan and the elder Geo. F. Baker (president of the First National Bank of New York) testified before the Pujo Committee that there was a "Money Trust" and that it was in the public interest that it be controlled. This admission was at the time a matter of great surprise; the purpose of it is now better understood. In the light of subsequent events and of our present knowledge, we are justified in suspecting that the panic of 1907 was brought about for the purpose of establishing the system we now have.
I prefer to believe in the integrity and sincerity of Woodrow Wilson. I supported him for the presidency, in ignorance, however, of the fact that his campaign was financed by Jews. Despite my bias, I must admit that the Wilson Administration was responsible for the deflation of 1920.
When the Federal Reserve Act was adopted the Democrats thought they had won a great victory, but nevertheless many well informed Republicans claimed credit for the Act and that the bill was in fact the Aldrich Bill under a different name and in a different dress. The Democrats thought that the Federal Reserve Board was only a medium of contact between the twelve reserve banks and that the banks would be governed by their respective boards of directors and would function independently of it. It was originally provided that a member bank could at will convert its eligible notes into currency by simply endorsing them and sending them into the reserve bank of its district for discount; and the notes of the farmer and those given in the course of commerce were in the preferred class.
This method of issuing currency was intended to supply the adequate volume of currency and credit that the people of the country desired and were promised by the Democratic Party. It has all been changed since. The original purpose of the act has been entirely lost sight of and has been grossly perverted. Paul Warburg was right when he testified before the Senate Committee that the system could be transformed into a good system (for the Elders) by administration. It has in fact been transformed adroitly by administration but more radically by legislation.
Just prior to the panic of 1920 Congress adopted an amendment empowering the Federal Reserve Banks to limit the discount privileges of member banks and to refuse to discount eligible notes. This amendment changed the whole character of the system. It could no longer operate automatically in response to the demands of the people. Thereafter currency could only be issued at the discretion of the Federal Reserve Banks,—which was subsequently changed to the Federal Reserve Board.
The Federal Reserve Banks promptly exercised this power and promptly brought on the panic of 1920 in pursuance of the resolution adopted at the conference between their representatives and the members of the Federal Reserve Board on May 15, 1920. The depressions of 1920 and of 1930, and the present depression would not have been possible except for this change in the act.
Every step in the administration of the system and every act of Congress amending the law since its enactment, have been in the direction of a centralized banking authority with the power of life and death over commerce and industry. Without authority of law the Federal Reserve Board established an "open market committee" to fix and regulate the volume and value of money, with the Governor of the New York Federal Reserve Bank as chairman. It is and was the office of this committee to expand the currency by buying securities, etc., on the open market in New York and Chicago, and issuing in payment therefor the notes of the Federal Reserve banks. To contract the currency the process is reversed; they sell securities and receive currency in payment therefor, which is thereby withdrawn from circulation.
\$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$ \$
The depression of 1930 and the remedy for it was the issue in the 1932 campaign. Mr. Roosevelt charged that President Hoover was responsible for the depression and that he had adopted inadequate measures to restore prosperity. There was no demand by either political party or any candidate for office that the Federal Reserve System be converted into a centralized banking authority and that its powers be enlarged. No man could have been elected President of the United States on any such platform.
Under the pretense of protecting bank deposits and of creating a corporation for that purpose, for which there was some demand,—the Congress enacted the bill known as the "Banking Act of 1935." This bill completed and perfected the system as a centralized banking authority with much greater power than was provided in the original Aldrich Bill. Among other things it legalized the "open market committee" and provided that the members of the Federal Reserve Board and five members of the Federal Reserve banks (to be selected by their directors) should constitute this "open market committee."
The original Federal Reserve Act required the member banks to maintain reserves in the Federal Reserve Banks as follows: country banks and those in smaller cities, 7% of the amount of their deposits; banks in reserve cities, 10%; and in central reserve cities, 13%. These reserves were not subject to check ad libitum by the banks, as under the former system, but could only be checked against "under the regulations and subject to the penalties, provided by the Federal Reserve Board." They were intended to be and were in fact, static and sterilized. To check against them meant the suspension of the bank,—and its insolvency. They served no purpose except to sterilize and impound that much currency and credit, and the country did not suffer from them except to that extent. There was no need, or public demand for increasing them.
The "Banking Act of 1935" authorized the Federal Reserve Board "in order to prevent injurious credit expansion or contraction" to double these reserve requirements. Obviously there could be no "credit expansion" by doubling the amount of sterilized money and credit, and obviously it meant only to empower the Board to bring about credit contraction. Such delegation of power was wholly unnecessary because the Board had absolute power to expand and contract the volume of currency through the operations of the "open market committee," which involved the power to expand and contract credit, for credit is dependent wholly on the supply of currency to support it. Moreover the Board had fully demonstrated its power to "prevent injurious expansion" in the catastrophes of 1920 and 1930.
Evidently the purpose of this amendment was to provide a new method for bringing about deflation,—a different one from the old plan of refusing loans and advancing the discount rate. The old plan had come to be too thoroughly understood, and discredited by too frequent use. Since Mr. Roosevelt had been elected to correct the evils of the Hoover administration, he could not bring about the same character of deflation in the same manner without the risk of having the whole "Jew Deal" upset by Congress; he must employ a different method and a more subtle technique.
That did the job, and the Roosevelt depression soon followed and is still on, and prosperity is *not* "around the corner" as the Elders and their sycophants tell you it is. There is now sterlized and hoarded in the "reserve accounts" of the Federal Reserve Banks the huge sum of \$13,863,000,000. This is more than ten times the volume of money we have in circulation. It would furnish a sound basis for at least \$70,000,000,000 of credit if this money was in circulation and in the vaults of the member banks. The depression would not have occurred if this money and credit had remained in circulation. It was withdrawn for the purpose of bringing on the depression.
This order of the Federal Reserve Board operates with the greatest severity on the small and weak banks. They, together with all other banks, have been forced by the Roosevelt Administration to subscribe for government bonds, with the result that they are loaded down with U. S. bonds. The government has now taken from them a large percentage of their liquid capital, which has left many of them with insufficient resources to meet the ordinary demands of their customers, or to earn reasonable profits. There is no precedent in other countries for such banking practice and for such abuse of governmental authority.
The "Bank Act of 1935," insofar as it provided for guaranteeing bank deposits, originated in the House and it was limited to that one subject. The amendments were added by Carter Glass when the bill reached the Senate. Glass was on the conference committee between the two bodies and succeeded in putting over these amendments and afterward boasted of the achievement in the press. This ever-faithful servant of the Elders is always on the job with his amendments when there is a banking or currency
We may choose to believe in the good intentions of Mr. Roosevelt and to excuse him for this terrible crime, but we cannot close our eyes to the cold facts. The Federal Reserve Board is wholly of his selection and it has no doubt carried out his express orders. No official appointed by him will dare disobey him; should he do so he would be "fired," for Mr. Roosevelt brooks no opposition.
In one of his press conferences Mr. Roosevelt sought to excuse the order of the Federal Reserve Board on the ground that some unnamed prices were too high and out of "alignment," but even if that be true, it is a silly excuse for bringing such great distress upon the innocent people of the country. The fact is, some prices always have been and always will be out of "alignment" due to supply and demand.
{st. kt. rish!kt. rish!....................................
#### XXIV.
# "On Our Way"
(Whither?)
"Primarily this [the present depression] is because the rulers of exchange of mankind's goods have failed through their own stubbornness and their own incompetence, have admitted their failure, and have abdicated. Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men.
"Yes, the money changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit . . . and there must be provision for an adequate but sound currency."
If the Elders believed the President's sincerity there must have been "weeping and wailing and gnashing of teeth" among
On the day following the delivery of this splendid speech the farm leaders, John N. Simpson, et al., called on the President and asked him to explain what he meant by the phrase "There must be provision for an adequate but sound currency." The President said, according to press reports, that he meant that the government would exercise its constitutional duty to issue money and control its value, that he would promptly cause enough money to be issued and put into circulation to restore wages and markets and values and prosperity to the country, and give a job to every man in the land who wanted to work.
One of two things is true: either the President did not mean a word of his speech and of his clarifying statement to the farmers, or else he changed his mind on the following day, viz., March 6th. We cannot know which is true. It is difficult to believe that the President of the United States would make such statements with his fingers crossed and for the purpose of deceiving his friends and supporters; but it is equally inconceivable that he would change his mind upon this important subject, upon which he had deliberately spoken after having evidently given it great thought, within the short space of twenty-four hours time.
It is of course possible that Brother Baruch or some of the other Elders interviewed him shortly after the farmers and changed his purpose and his program, but it is not probable. His message turned out to be mere "cunning and make-believe" and it was no doubt intended as such. Whatever the truth may be, on the following day, March 6th, he issued a proclamation closing all the banks of the United States,—state as well as national, and good as well as bad. This was arbitrary, high handed, destructive, and illegal.
Upon the point of its legality he says in his book, "On Our Way," page four, that "a friend of mine (probably Frankfurter) suggested that some of the war emergency legislation of 1917 had not been repealed and found for me a statute of that year covering the point." Even so, such statute could not be applicable to peace conditions, for Congress has no power to suspend the Con-
stitution and laws of the land except as a military measure, and its power even then is limited to military necessity.
Besides, there was then no necessity for the grant or the usurpation or the exercise of such power. The banks of the country were as a rule sound and well managed. The trouble with them was that many of their customers had been bankrupted by an illegal deflation or were near bankruptcy, and as a consequence their collateral had been impaired. It was the direct and intended consequence of the contraction of currency and credit by the Federal Reserve management in 1930. They suffered from the further trouble that there was not enough money in their vaults and in circulation to enable them to pay their depositors in currency. The only place that they could get the money was from the Federal Reserve banks, which had the exclusive power of issue, which it refused to exercise.
The clear remedy therefore was not the closing of the banks and the utter destruction of many of them, but it was for the government to take over the Federal Reserve System or compel it to perform the service for which it was organized, or for the government to exercise its constitutional power to issue and put into circulation a sufficient quantity of money. The obvious and quickest remedy was for the President to remove the Federal Reserve management and appoint one that would discount the eligible paper of the member banks and issue them currency and thereby enable them to meet the currency demands and credit requirements of their customers.
The obvious remedy was to reverse the deflation program of the Federal Reserve System and to bring about just and reasonable inflation through the expansion of currency and credit. The President knew this to be the remedy and he promised to employ it, both in his inaugural message and in his statement to the farm representatives. If he had done so there would have been no occasion or excuse for his extravagant and unconstitutional reforms and his subsequent attack upon the Constitution itself.
My own view is that Senator Long's estimate of the President is correct, and that he did not mean a word of what he said in his message and to the farmers. I think that he intended his so-called reforms from the beginning and that he needed a bewildered and poverty stricken people in order to put them over. As Senator Long so graphically said, it was "high cockalorum Roosevelt and low cockalorum Hoover," the difference between
In 1929 there were more than 30,000 state and national banks. The number had been reduced by deflation to 19,163 in 1932. As a result of this order 4,541 banks or approximately one-third of the remainder were permanently closed and their deposits aggregating \$4,356,799,000 were thereby frozen and a large percentage of them lost. (See Comptroller of the Currency Report of 1936, page 112.) The President thus ruthlessly destroyed the property of the several thouand stockholders of the closed banks and of their several million depositors in flagrant violation of law and of our National Constitution, and later boasted of this achievement in his book "On Our Way."
This does not tell the whole story. The banks had already been reduced in number by the 1930 deflation (for which President Hoover is justly held responsible) from 30,000 to 19,163. This further reduced the number to 15,806, or about half the number that existed in 1929. The human imagination can scarcely conceive such ruthless and reckless destruction of men and of values and it cannot estimate the injuries that the people sustained. It meant that the fortunes of approximately one-half of the thrifty men and women of the nation were either utterly destroyed or badly impaired;—and the other half did not escape without serious injury.
On January 15, 1934, the President submitted a special message to Congress, as set out in his book "On Our Way," in which he said:
"The other principle is the inherent right of government to issue currency and to be the sole custodian and owner of the base or reserve of precious metals underlying that currency. With this goes the prerogative of government to determine from time to time the extent and nature of the metallic reserve."
John Stuart Mill or his disciple, David Ricardo, could not have stated the orthodox principles of monetary science more clearly and forcefully. The President cannot plead ignorance of the money question, for every message and speech that he has delivered on the subject shows that he understands it. There can be no restoration of values until there is a sufficient volume of money in circulation to support them. That is as certain and as inevitable as the law of gravitation. If this volume of money rests upon the discretion of the Federal Reserve Board then those values will be whatever this Board chooses to make them, and they will be as stable as the mind of the Board is stable.
What has the President done to give effect to his brave promises? What has he done to wrest the control of our currency system from the Shylocks, charged in his inaugural speech with controlling it, except to leave them in control and to perfect their control? What has he done toward increasing our currency supply in order to restore employment and prosperity except to further reduce it? What has he done to restore the solvency of our country except to enormously increase debts and taxes? Truly, the Elders have furnished us a ruler of their own kind, a "skilled politician who has recourse to cunning and make-believe," and whose "words do not agree with his deeds."
#### XXV.
# Liars and Thieves
The following is a *fac simile* copy of page 171 of the report of the Comptroller of the Currency for the year ending Oct. 31, 1938,—which is the latest published report:
"76th Annual Report of the Comptroller of the Currency covering the Year ended Oct. 31, 1938, (page 171).
(Amounts stated in Thousands of Dollars)"
| Year
Ended
June 30– | Coin and
other
money
in the
United
States | Coin and other
money in
Treasury
as assets 1 | | Coin and other
money in
reporting
banks 2 | | Held by or for
Federal Reserve
banks and
agents | | In general circulation
exclusive of amounts
held by reporting
banks, Federal Reserve
banks and Treasury | | |
|---------------------------|----------------------------------------------------------|------------------------------------------------------------------|--------------|---------------------------------------------------------------|--------------|----------------------------------------------------------|--------------|---------------------------------------------------------------------------------------------------------------------|--------------|---------------|
| | | Amount | Per-
cent | Amount | Per-
cent | Amount | Per-
cent | Amount | Per-
cent | Per
capita |
| | Millions | Millions | | Millions | | Millions | | Millions | | |
| 1914 | \$3,797.8 | \$ 338.4 | 8.91 | \$1,630.0 | 42.92 | *********** | ******* | \$1,829.4 | 48.17 | \$18.46 |
| 1915 | 4,050,8 | 348.2 | 8.60 | 1,447.9 | 35.74 | \$ 383.0 | 9.45 | 1,871.7 | 46.21 | 18.56 |
| 1916 | 4,541.7 | 299.1 | 6.59 | 1,472.2 | 32.41 | 593.3 | 13.06 | 2,177.1 | 47.94 | 21.24 |
| 1917 | 5.678.8 | 269.7 | 4.75 | 1.487.3 | 26.19 | 1,342.7 | 23.64 | 2,579.1 | 45.42 | 24.74 |
| 1918 | 6.906.2 | 363.5 | 5.27 | 882.7 | 12.78 | 2,061.0 | 29.84 | 3,599.0 | 52.11 | 33.97 |
| 1919 | 7.688.4 | 585.1 | 7.61 | 981.3 | 12.76 | 2,226.7 | 28.96 | 3,895.3 | 50.67 | 36.67 |
| 1920 | 8.158.5 | 490.7 | 6.01 | 1.047.3 | 12.84 | 2,200.2 | 26.97 | 4,420.3 | 54.18 | 41.50 |
| 1921 | 8.174.5 | 463.6 | 5.67 | 926.3 | 11.33 | 2,799.9 | 34.25 | 3,984.7 | 48.75 | 36.71 |
| 1922 | 8,276.1 | 406.1 | 4.91 | 814.0 | 9.84 | 3,406.8 | 41.16 | 3,649.2 | 44.09 | 33.18 |
| 1923 | 8,702.8 | 386.5 | 4.44 | 777.1 | 8.93 | 3,493.0 | 40.14 | 4.046.2 | 46,49 | 36.20 |
| 1924 | 8,846,5 | 359.4 | 4.06 | 900.8 | 10.18 | 3,637.8 | 41.12 | 3,948.5 | 44.64 | 34.69 |
| 1925 | 8,299.4 | 363.9 | 4.38 | 938.3 | 11.30 | 3,120.3 | 37.63 | 3,876.9 | 46.69 | 33.58 |
| 1926 | 8,429.0 | 353.2 | 4.19 | 975.2 | 11.57 | 3.190.5 | 37.85 | 3,910.1 | 46.39 | 33.3 |
| 1927 | 8,667,3 | 350.9 | 4.05 | 985.1 | 11.36 | 3,465.1 | 39.98 | 3,866.2 | 44.61 | 32.5 |
| 1928 | 8.118.1 | 351.3 | 4.33 | 866.5 | 10.67 | 2,970.2 | 36.59 | 3,930.1 | 48.41 | 32.72 |
| 1929 | 8,538.8 | 373.1 | 4.37 | 799.1 | 9.36 | 3.419.4 | 40.04 | 3,947.2 | 46.23 | 32.4 |
| 1930 | 8,306,6 | 247.2 | 2.98 | 853.8 | 10.28 | 3,537.3 | 42.58 | 3,668.2 | 44.16 | 29.76 |
| 1931 | 9,079.6 | 254.9 | 2.81 | 865.5 | 9.53 | 4.002.7 | 44.08 | 3.956.5 | 43,58 | 31.87 |
| 1932 | 9,004.4 | 278.2 | 3.09 | 774.1 | 8.60 | 3.031.1 | 33,66 | 4,921.0 | 54.65 | 39.47 |
| 1933 | 10,078.4 | 314.5 | 3.12 | 649.9 | 6.45 | 4.043.2 | 40.12 | 5,070.8 | 50.31 | 40.32 |
| 1934 | 13,634,4 | 2,955.9 | 21.68 | 689.6 | 5.06 | 5,305.0 | 38.91 | 4,683,9 | 34.35 | 37.03 |
| 1935 | 15,114.0 | 2.865.9 | 18.96 | 760.0 | 5.03 | 6,680.0 | 44.20 | 4,808.1 | 31.81 | 37.79 |
| 1936 | 17,402.5 | 2,496.4 | 14.35 | 987.7 | 5.68 | 8.664.9 | 49.79 | 5,258.5 | 30.19 | 40.89 |
| 1937 | 19,376.8 | 3,444.5 | 17.78 | 920.8 | 4.75 | 9,485.1 | 48.95 | 5,526.3 | 28.52 | 42.71 |
| 1938 | 20,096.9 | 2,302.6 | 11.46 | 991.5 | 4.93 | 11,333,4 | 56.39 | 5,469.4 | 27.22 | 42.03 |
¹ Public money in national-bank depositories to the credit of the Treasurer of the United States not included.
<sup>2 Money in banks of island possessions not included.
Please note the italicized figures opposite the years 1914 and 1938. They give you the detailed estimates of the Treasury Department of our stock of money for these years, and where it is located. You will observe that in 1914 all of the "reporting banks," which means all of the banks of the country except the Federal Reserve banks,—had in their vaults \$1,630,000,000; and that in 1938 they had \$991,500,000. Thus it appears that the banks had \$638,500,000 more money in their vaults when the Federal Reserve system was established, 24 years ago, than they now have.
You will observe also under the last column of figures that they estimate that there was in "general circulation" \$1,829,-400,000,—or \$18.46 per capita in 1914; and \$5,469,400,000 or \$42.02 per capita in 1938. You will observe also that they do not count money in the Treasury, in the *reporting banks* or in the Federal Reserve banks as being in "general circulation."
Where is all of this money that they say is in "general circulation" and that they say is over and above the money that is in the Treasury and banks? There is only one place that it can be, to-wit: distributed among the people and in their "tills and pockets." Any man of common sense knows that the people have not now an average of \$42.02 in their pockets, and that they did not have an average of \$18.46 in 1914. Any man of common sense knows that now, with business stagnant and prostrate, and with half of the people in poverty that they do not now possess more than double the amount of money that they had in 1914, when people generally were prosperous.
In other words, they count as money in circulation in the
United States all moneys issued since 1861, whether in circulation or not. But even this lame explanation does not explain the fact that the moneys in the pockets of the people (according to the official report) have increased from \$18.46 per capita in 1914 to \$42.02 in 1938,—whereas during the same period the moneys in the banks have decreased from \$16.30 per capita in 1914 to about \$7.00 in 1938,—which is simply preposterous.
Vast quantities of money have been lost or destroyed by fire, ship wreck, and otherwise, in the 80 years since a "corrected statement" was made; and vast quantities of it are now in foreign lands. The all-important question to you and me is: how much of it is now in the hands of the people of this country?
And that is a matter of supreme importance to us for by all of the accepted authorities the quantity of money that circulates among the people, including the reporting banks determines all values and measures all values. Money is called the "yardstick of values"; the more money the higher values, and the less, the lower. We are entitled to know what that yardstick is, and to have a yardstick that will establish and maintain reasonable values.
You can make your own guess. What would you say the people have in their pockets in your town? Let us take for example a town of 1,000 population, with a bank and 20 business houses. It will be composed of about 300 men and women over 21 years of age, and 700 children under 21 years. The 20 business houses may normally have an average of \$50 each in their tills, amounting to \$1,000; the 300 men and women may have \$5 each, or \$1,500 the 700 children may average \$1 each, or 700
we have a total volume of money in circulation in the town of ...................................
But the Treasury Department does not count as money in circulation the \$5,000 in the vault of the bank; they only count as money in circulation that which is in the hands of the people, and estimate it at \$42.02 per capita. That estimate is not true and they know it. There is not a town or village or city in this broad land of ours where the people have an average of \$42.02 of money in their pockets,—not one.
The moneys that measure values are bank notes and silver and gold and silver certificates,—primary money, as they call it. This primary money is our yardstick of value. We are entitled to know what this yardstick is. What is it? They have deceived Congress and the country with lying reports of it, to the very great injury of the people. Let us now have the truth, for "truth is mighty and will make us whole."
They have recently taken a census of everything we have, including mortgages,—except our money. A census of the volume of money in circulation is the only information of any material importance to us; the other is all "fol-de-rol." A census or an inventory could just as easily be taken of the money in the pockets of the people, and would be of great value. It would show upon what an insecure and flimsy foundation all credit and values rest; it would blast the oft-repeated sophistry that there is plenty of money, that all we need is a little "confidence;" it would clearly reveal the absurdity of all the New Deal rot, for it would reveal the cause of our distress and the
remedy therefor; it would, it is to be hoped, cause Congress to take the necessary steps to put in circulation a sufficient volume of money, with adequate measures to keep it in circulation.
If we had \$42.02 per capita in actual circulation the prices of all products and wages—the price level—would be approximately that of 1920; we would have no relief rolls and C. C. C. camps, and no curtailment of production; no need for regulation of hours and wages, and no excuse for the destruction of our National Constitution. Instead of being a money and credit expanding system to supply the ever-growing need of expanding population and commerce,—the Federal Reserve System is a vast currency and credit hoarding machine. With its true character and purpose clearly revealed, Congress gratuitiously granted it an indefinite charter five years prior to the expiration of the original charter, and by the Bank Act of 1935 gave it carte blanche authority to regulate our welfare.
There can be no stability of values that are dependent wholly upon credit, for there is no foundation for such values other than the will of the creditor. When it is to his advantage to reduce them, thereby increasing the buying power of money, he will do so. It is always to his advantage to have cheap commodities and dear money, and so it is normally that way. Let Congress exercise its constitutional duty and cause an adequate volume of money to be paid into circulation and kept in circulation, and values will adjust themselves to such volume and will be high or low in proportion to the volume, without the operation of an "open market committee" or any other committee.
At the time Hoover left off with his deflation and Roosevelt took over the job, we had in circulation \$730,435,000 of national bank notes. By 1936 we had none. All of them had been retired and cancelled by the compulsion of the Roosevelt Administration. (See Report of the Comptroller of the Currency for 1936, page 112.) This meant a cancellation of about \$5.50 per capita, or about 50% of the sum of money we now have in circulation. It is but \$257,265,000 less than all the banks of the country had in their vaults, of money of all kinds, on June 3, 1936.
If the members of Congress cannot understand this lying deception after reading this very simple explanation of it, let them investigate it themselves. Let them take a census of the money in their respective districts, or better still, let them cause a Congressional investigation to be made of the money in circulation in the United States.
We have, as a matter of fact, about \$1,400,000,000, or \$11.00 per capita in circulation, composed of \$991,500,000 in the reporting panks, and three or \$400,000,000 in the pockets of the people, for the money in the "reporting banks" less their legal reserves, is in circulation.
rintoritist. rictors. rictors.