Fluoride Information

Fluoride is a poison. Fluoride was poison yesterday. Fluoride is poison today. Fluoride will be poison tomorrow. When in doubt, get it out.


An American Affidavit

Wednesday, February 23, 2022

Chapter Three: ANDREW JACKSON: THE LAST ANTI- ELITIST PRESIDENT: The Federal Reserve Conspiracy by Antony C. Sutton from archive.org

 

Chapter Three: ANDREW JACKSON: THE LAST ANTI- ELITIST PRESIDENT: The Federal Reserve Conspiracy by Antony C. Sutton from archive.org

 

Chapter Three:   ANDREW JACKSON: THE LAST ANTI-  ELITIST PRESIDENT    

 

The original charter for the Second Bank of the United  States was limited in time, unlike the present Federal Reserve  System. A new charter for the (Second) Bank of the United States  to replace the expiring grant was passed by Congress in July  1832, and President Andrew Jackson promptly vetoed the charter,  with an emphatic message of major historical interest.   According to modern academic opinion the Jackson veto is  "legalistic, demagogic and full of sham." (1) In fact, on reading the  message today Andrew Jackson was clearly prophetic in his  warnings and arguments to the American people. In the first  inaugural address in January 1832, Jackson stated his position on  the bank and renewal of the charter:   As the

Charter of the Bank of the United States will  expire in 1836, and its stockholders will most probably apply  for a renewal of their privileges; in order to avoid the evils  resulting from precipitancy in a measure involving such  important principles and such deep pecuniary interests, I feel  that I cannot in justice to our constituents and to the parties  interested too soon present it to the     17     The Federal Reserve Conspiracy   deliberate consideration of the Legislature and the people.   The constitutionality of this law has been well  questioned.. .because it grants to those who hold stock exclusive  privileges of a dangerous tendency. Its expediency is denied by a  large portion of our citizens. ..and it is believed none will deny that  it has failed in the great end of our establishing a uniform and  sound currency throughout the United States. (2)   Andrew Jackson's personal view on the Second Bank of the  United States is contained in a memorandum in Jackson's own  handwriting written in January, 1832. (3)   The opinion shows how far present constitutional interpretation  has diverged from the intent of our founding fathers. Jackson's opening  argument is that all "sovereign power is in the people and the states,"  and then argues that in cases, such as the power to grant corporations,  where the power is not expressly given to the general (Federal)  government, then "no sovereign power not expressly granted can be  exercised, by implication." The key is "implied power." There are no  implied powers in the Constitution.   Jackson goes on to argue that it may be possible for "necessity" to  give power to grant charters to banks and corporations, but this must be  a "positive necessity not a fained one." And then only within the ten  mile square of Washington, DC itself does Congress have such  sovereign power. Jackson argues as follows:   It is inconsistent with any of the powers granted that our  government should form a corporation and become a member of it.  The founders were too well aware of the corrupting influence of a  great moneyed monopoly upon government to legalize such a  corrupting monster     18     Andrew Jackson: The Last Anti-Elitist President   by any grant either expressed or implied in the Constitution.   The extraordinary difficulty and massive political power that  Jackson faced in fighting the "money monopoly" and its influence  is shown in his letter to Hugh L. White, dated April 29, 1831  (Vol. 4, page 271):   The great principles of democracy which we have both  at heart to see restored to the federal government cannot be  accomplished unless by a united cabinet who labor to this  end. The struggles against the rechartering of the United  States Bank are to be met. The corrupting influence of the  Bank upon the morals of the people and upon Congress are  to be fearlessly met....   Many who you would not have supposed have secretly  enlisted in its ranks and between bank men nullifiers and  internal improvement men it is hard to get a cabinet who will  unite with me heart and hand in the great task of democratic  reform in the administration of our government.   By 1833 the struggle over the rechartering of the Bank of the  United States had degenerated into a conflict between Andrew  Jackson and his secretary of the treasury, William J. Duane and  ultimately led to dismissal of Duane. Jackson wanted to withdraw  all government deposits from the private Bank of the United  States while Duane refused to order removal of the deposits.   In a letter dated June 26, 1833 (Vol. 5, page 111) Andrew  Jackson expands on his demand for withdrawal of government  deposits from the Bank of the United States, and proposes that  one bank be selected in each of various cities to receive  government deposits. State banks with good credit would be  preferable to the concentration of     19     The Federal Reserve Conspiracy,     government funds in one bank which was a private  monopoly.   The letter was accompanied by a paper explaining Jackson's  views on possible government relations with the Bank of the  United States and the future. Included was this straightforward  statement:   The framers (of our Constitution) were too well aware  of the corrupting influences of a great moneyed monopoly  upon government to legalize such a corrupting monster by  any grant either express or implied in the constitution.   Bank corporations are brokers on a large scale, and  could it be really urged that the framers of the Constitution  intended that our Government should become a Government  of Brokers? If so, then the profits of the National Brokers  Shop must enure to the benefit of the whole people, and not a  few privileged moneyed capitalists, to the utter rejection of  the many.   The opinion recalled that in December 1831 Congress  petitioned for a renewal of the bank charter and Jackson had  vetoed the bill. As Jackson was then a candidate for reelection  this in effect brought the veto directly before the electorate and in  approving the president the public also condemned the bill as both  "inexpedient and unconstitutional."   In other words Jackson argued that his veto had already  received public approval. Therefore, Jackson continued, "the duty  of the bank was to wind up its concerns in such a manner that will  produce the least pressure upon the money market."   Jackson recalled the extraordinary and rapid increase of  government debt to the bank which had grown by $28     20     Andrew Jackson: The Last Anti-Elitist President   million or 66 percent in a period of 16 months. Jackson commented as  follows:   The motive of the enormous extension of loans can no longer  be doubted. It was unquestionably to gain power in the country  and force the government through the influence of the debtors to  grant it a new charter.   This must be the first and last statement from an American  President declaring what many now suspect: that certain banks (but not  all bankers) use debt as a political weapon for control. We cannot  include all bankers because bankers in Catholic countries, for example,  are forbidden on grounds of religion from using debt for control. This  would amount to usury.   Jackson goes on to outline the reasons for his wish to sever  connections between the bank and the government:   a leading objection is that the Bank of the United States has  the power and in that event will have the disposition to crush the  state banks particularly those which may be selected by the  government as the depositories of its funds and thus cause wide  spread distress and ruin throughout the United States.   Then Jackson makes an argument strange to the ears of those  reading in the 20th century:   The only currency known to the Constitution of the United  States is gold and silver. This is consequently the only currency  which that instrument delegates to Congress the power to  regulate.   This suggests that Andrew Jackson would have considered the  present Federal Reserve System, a private     21     The Federal Reserve Conspiracy   bank-owned monopoly, to be unconstitutional and in fact "the money  monster" in new form.   President Andrew Jackson's final message on March 4, 1837 was  unbelievably prophetic in its content - and the last time an American  President was sufficiently independent of the elitist powers behind the  scenes to publicly warn American citizens of the dangers to their  freedoms and livelihood. Here is an extract from Jackson's final  message to the American people:   The distress and alarm which pervaded and agitated the  whole country when the Bank of the United States waged war  upon the people in order to compel them to submit to its demands  cannot yet be forgotten. The ruthless and unsparing temper with  which whole cities and communities were oppressed, individuals  impoverished and ruined, and a scene of cheerful prosperity  suddenly changed into one of gloom and despondency ought to be  indelibly impressed on the memory of the people of the United  States.   If such was its power in a time of peace, what would it not  have been in a season of war, with an enemy at your doors? No  nation but the free men of the United States could have come out  victorious from such a contest; yet, if you had not conquered, the  government would have passed from the hands of the many to the  few, and this organized money power, from its secret conclave,  would have dictated the choice of your highest officials and  compelled you to make peace or war, as best suited their own  wishes. (6)  Even while Jackson wrote this message to the American people   our government had passed "from the hands of the many to the hands of   the few." Moreover, the few "from its     22     Andrew Jackson: The Last Anti-Elitist President   secret enclave" was already dictating political choices, boom and slump  and war and peace.   In the United States the Jacksonian Democrats, the Whig tradition  in American politics, were the last remnant that knew and understood  the power behind the scenes. Across the Atlantic in England the  Cobdenites under Richard Cobden and John Bright tried to maintain a  similar torch of individual freedom. They also failed.   As Jackson wrote his last message, socialist manifestos were being  weighed and put to paper. Not to improve the lot of the common man as  they would have us believe, but as devices to gain political power for  the elite.     23     The Federal Reserve Conspiracy     Endnotes to Chapter Three     (1) Bray Hammond, Banks and Politics in America, (Princeton  University Press, Princeton, 1957) p. 405. It is noteworthy that  Princeton, one of the Ivy League schools, is a scholastic base of  the "establishment" and helps perpetuate this onesided historical  interpretation.   (2) James A. Hamilton, Reminiscences, p. 149.   (3) John Spencer Bassett, ed., Correspondence of Andrew Jackson,  (Carnegie Institution, Washington, D.C., 1929-32) vol. 4, p. 389.   (4) Ibid., p. 271. Jackson was not a skilled writer. He was a man of  action and principle rather than a man of letters. However, his  points are clearly there for those with eyes to read.   (5) Ibid., p. 92.   (6) Richardson's Messages, Vol. 4, p. 1523.     24     Chapter Four:  ROOSEVELT'S SOCIALIST MANIFESTO   

 

No comments:

Post a Comment