Chapter Four: ROOSEVELT'S SOCIALIST MANIFESTO: The Federal Reserve Conspiracy by Anotony C. Sutton from archive.org

 

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