Chapter
Four: ROOSEVELT'S SOCIALIST MANIFESTO: The Federal Reserve Conspiracy by
Anotony C. Sutton from archive.org
Chapter
Four: ROOSEVELT'S SOCIALIST
MANIFESTO
The
forces of "the few," i.e., the establishment elite, have been in the ascendancy since Jackson's
last message of 1837. President
Martin Van Buren tried briefly and failed to stem their power. Abraham Lincoln tried, and also
failed. Every president since
Lincoln has neglected even to try to curb the power of the elite. On the one hand is the "money monopoly"
controlling the status quo and the
ruling establishments. On the other hand is the "revolution of rising expectations" superficially
created by socialist
revolutionaries, but in fact socialism in theory and practice is created, supported and controlled with debt
and political power created by the
"money monopoly."
In this chapter we will look at an American socialist manifesto, the forerunner of FDR's New
Deal, written by Clinton Roosevelt
in 1841. Clinton Roosevelt, one of the lesser known Roosevelt cousins was descended from the New York
banking Roosevelts and linked by
his socialist writings to the 20th century Roosevelts. Then in Chapter Five we will describe a more
well known manifesto, that of Karl
Marx, also financed from the
United States.
25 The
Federal Reserve Conspiracy
The "money monopoly" creates and nurtures socialism. Let's
start to probe this idea with the
Roosevelts, who have been both bankers and socialists simultaneously. While one branch of the Roosevelt family developed the
Bank of New York and the sugar
refining industry, another branch of the family worked its way into practical politics and even theoretical
political philosophy. For example, long before Franklin
Delano Roosevelt became President,
James J. Roosevelt was a member of the New York State Legislature in 1835, 1839, and 1840, a member of the Loco
Focos and distinguished himself by
opposition to Whig attempts to eliminate
"ballot stuffing. " (1) Roosevelt was not only powerful within Tammany Hall's
inner circle but according to one
biographer, "he was in effect liaison officer between the Hall and Wall Street, one who carried orders
from the bankers to the
politicians and dictated nominations and elections in a ruthless manner. " (2) James Roosevelt was the 1840s
link between the inner circles of
Tammany Hall and Wall Street banking including the Roosevelts' own Bank of New York. But it was Clinton
Roosevelt, born in 1804, son of
Elbert Cornelius Roosevelt, who provided a socialist manifesto some years before Marx plagiarized his more
famous Communist Manifesto from
French Socialist Victor Considerant (see Chapter Five). Clinton Roosevelt was a
19th-century cousin to Franklin Delano
Roosevelt, and incidentally also related to President Theodore Roosevelt, John Quincy Adams, and
President Martin Van Buren.
Clinton Roosevelt's only literary effort is contained in a rare
booklet dated 1841. (3) In essence
it is a Socratic discussion between the author Roosevelt (i.e., the few) and a "Producer"
presumably representing the rest
of us (i.e., the many). Roosevelt
proposes a totalitarian government much like Karl Marx's, where all individuality is submerged to a collective
run by an elitist aristocratic
group (i.e., the few, or 26 Roosevelt's Socialist Manifesto the vanguard in Marxist terms)
who design and enact all legislation.
Roosevelt demanded abandonment of the Constitution to achieve his goals: P. (Producer): But I ask again: Would you at once
abandon the old doctrines of the
Constitution ? A. (Author):
Not by any means. Not any more than if one were in a leaky vessel he should spring overboard to save
himself from drowning. It is a
ship put hastily together when we left the British flag, and it was then thought an experiment of
very doubtful issued The Rooseveltian system depended
"First, on the art and science of
cooperation. This is to bring the whole to bear for our mutual advantage." It is this
cooperation, i.e., the ability to bring the whole to bear for the interest of the few, that is the encompassing
theme of writings and preachings
from Marx to the present Trilateral
Commission. In the Roosevelt schema each man rises through fixed
and specified grades in the social
system and is appointed to a class of work to which he is best suited. Choice of occupation is strictly
limited. In the words of Clinton
Roosevelt: Whose duty will
it be to make appointments to each class? A. The Grand Marshal's. P. Who will be accountable that the men appointed are
the best qualified? A. A Court of physiologists,
Moral Philosophers, and Farmers
and Mechanics, to be chosen by the Grand Marshal and accountable to him. P. Would you constrain a citizen to submit to their decisions in the selection of a calling? 27 The Federal Reserve
Conspiracy A. No. If any one
of good character insisted, he might try
until he found the occupation most congenial to his tastes and feelings. (5) Then Roosevelt invented the Marshal of Creation, whose
job it is to balance production
and consumption, much like a master planner: P. What is the duty of the Marshal of the Creating or Producing order? A. It is to estimate the amount
of produce and manufactures
necessary to produce a sufficiency in each department below him. When in operation, he shall report
excesses and deficiencies to the
Grand Marshal. P. How
shall he discover such excesses and deficiencies ? A. The various merchants will report to him the demand
and supplies in every line of
business, as will be seen hereafter. P. Under this order are agriculture, manufactures
and commerce, as I perceive. What
then is the duty of the Marshal of
Agriculture? A. He
should have under him four regions, or if not, foreign commerce must make good the
deficiency. P. What four
regions? A. The temperate,
the warm, the hot region and the water
region. P. Why divide
them thus ?
28
Roosevelt's Socialist Manifesto A. Because the products of these different regions
require different systems of
cultivation, and are properly subject to
different minds. (6)
Seventy-five years later, in 1915, Bernard Baruch was invited by President Woodrow Wilson to design a
plan for a defense mobilization
committee. This Baruch plan subsequently became the War Industries Board, which absorbed and replaced the
old General Munitions Board. The
War Industries Board as a concept was similar to cooperative trade associations, a device long desired by
Wall Street to control the unwanted
rigors of competition in the marketplace, and much like Clinton Roosevelt's 1841 Plan.
Committees of industry, big business
and small business, both represented in Washington, and both with Washington representation back home ...
this was to be the backbone of the
whole structure. By March,
1918, President Wilson, acting without Congressional authority, had endowed Baruch with more power than any
other individual had been granted
in the history of the United States. The War Industries Board, with Baruch as its chairman, became
responsible for building all
factories and for the supply of all raw material, all products, and all transportation, and all its
final decisions rested with chairman
Baruch. The War
Industries Board was the organizational forerunner of the 1933 National Recovery Administration
and some of the 1918 WIB corporate
elite appointed by Baruch - Hugh Johnson, for example - found administrative niches in
Roosevelt's NRA Plan. Comparison of
Roosevelt's New Deal, actually written by Gerard Swope of General Electric, with Clinton Roosevelt's
early 1841 scheme shows a
remarkable similarity.
29 The
Federal Reserve Conspiracy
Clinton Roosevelt - The Science of Government (New York 1841) This is a proposal for a totalitarian government
without individual rights run by
an elitist establishment. Clinton Roosevelt was a cousin of Franklin Delano Roosevelt. The book has
been removed from the current
Library of Congress catalog although it was listed in the earlier 1959 edition. THE SCIENCE OF GOVERNMENT, FOUNDED ON NATURAL LAW. i»y CLINTON ROOSEVELT. NEW YORK: PUBLISHED BY DEAN &
THEVETT, 121 Fulton Strut. 1841. InKnd « rcurOir.it to Act of Coniriu. In
th« T—r IStS, if CLINTON
ROOSEVELT, In th«
Cl«r1i"l Office of Uw Dlttrtct Court for th« Southern District of N«r York. 30 Roosevelt's Socialist
Manifesto
Endnotes to Chapter Four
(1) Karl Schriftgiesser, The Amazing Roosevelt Family, 1613-1942 (New York: Wilfred Funk, 1942) p.
143. (2) Ibid., p. 142.
Examination of the charts on pages xi and xii of Schriftgiesser show that Franklin Delano Roosevelt,
the so-called anti-bank candidate
in 1932, also descends in direct line from New York Bank founder Isaac Roosevelt. (3) Clinton Roosevelt, The Science of Government
Founded on Natural Law (New York:
Dean & Trevett, 1841). There are
two known copies of this book: one in the Library of Congress, Washington D.C. and another in the
Harvard University Library. The
existence of the book is censored (i.e., omitted) in the latest edition of the Library of Congress catalog, but
was recorded in the earlier 1959
edition (page 75). A facsimile
edition was published by Emanuel J. Josephson, as part of his Roosevelt's Communist Manifesto (New
York: Chedney Press, 1955). (4) Ibid. (5) Ibid. (6) Ibid. 31 Chapter Five: KARL MARX AND HIS MANIFESTO
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