Contributed by: (Dave Hayes)
On Mon, 29 Jan 1996 11:16:01 -0500,
PATRIOTZ@aol.com wrote:
Colonial Script
I wish to gratefully acknowledge Tom C. Clark and all others who have
contributed to the research and writing that went into this article.
Please feel free to copy, distribute and otherwise use to help educate
others as to what one of the key issues of the "patriot movement" is all
about.
"Some History You May Have Missed" has been successfully used as an
educational tool to inform others to American History that was never
taught in the public (government) schools.
It was intended to be used
at the high school level. It serves as good introduction material for new
people to become acquainted with one of the "key issues" associated
with the "patriot movement".
Part 1 of 3
SOME HISTORY YOU MAY HAVE MISSED
(Colonial Script)
A study of American Colonial history will reveal that Benjamin
Franklin went to England as a representative of the Colonies.
The
English officials asked how it was the Colonies managed to collect
enough taxes to build poor houses, and how they were able to handle
the great burden of caring for the poor. Franklin's reply was most
revealing:
"We have no poor houses in the Colonies, and if we
had, we would have no one to put in them, as in the
Colonies there is not a single unemployed man, no
poor and no vagabonds."
Think long and hard about this. In the American colonies before the
American Revolution, there was "not a single unemployed man, no poor
and no vagabonds". -- no one on Welfare, no one on Social Security, no
homeless, no income tax, no alphabet agencies, No IRS, BATF, FBI, DEA,
CIA, HEW, OSHA, SBA, and on and on and on to provide for the "general
welfare" of our villages, towns, cities and states.
How did Benjamin Franklin explain this to the British officials of his
day?
How would he explain it to today's lawyers, judges, politicians
and other government officials?
"It is because, in the Colonies, we issue our own paper
money. We call it Colonial Script, and we issue only
enough to move all goods freely from the producers to
the Consumers; and as we create our money, we control
the purchasing power of money, and have no interest to
pay."
-Benjamin Franklin
This system guarantees HONEST MONEY. It was not controlled by a private
corporation with a monopoly on the credit of the nation as it is today.
There was no inflation or deflation, as long as the MONEY SUPPLY WAS
KEPT EQUAL TO THE VALUE OF GOODS AND SERVICES TO BE PRODUCED AND MOVED
(distributed).
As will be shown later in this paper, what we really need has
already proven itself historically -- not only in Franklin's early
colonial days, but in other historical instances. We will see that it
was this system which Franklin describes that was taken away from the
America colonies through the gradual encroachments of the British
Parliament (Legislative branch of Britain's government) and the
enforcement of this legislation in King's Admiralty/Maritime/Equity
courts set up in the colonies by America's mother country, Britain,
without reference to the common law established by Magna Carta that led
to the American Revolution. Those encroachments are described in the
Declaration of Independence. Is America today being governed without
reference to Magna Carta and the national and state Constitutions
founded thereon?
What was the condition in England, in Franklin's day? All her money
was borrowed from private banks at interest, and repressive taxes were
laid upon the people.
Private banks usurped the government's right
to create and regulate money. Banks created money or credit "out of
thin air", by mere bookkeeping entries, with no labor or wealth
involved or exchanged.
The money supply was not kept equal to the value
of goods to be moved. Nor was it issued interest or tax free. It was
issued at interest by private for profit banks "out of thin air" just
like it is being issued here in America today.
Think about this!
If you had a "magic" checking account with the
ability to write unlimited checks against no funds (backing) "out of
thin air", would you not be able to buy and control the whole world
eventually? Now suppose you were "by law" the only one, who had this
monopoly of creating money "out of thin air".
Wouldn't the whole world
have to come to you to borrow "money" to finance production and con-
sumption?
Remember, "the borrower is servant to the lender".
Would you
not be able to make the whole world serve you through this power to
issue "money" against no funds?
Let's take this a little further.
Would you not be able to buy and
control all major media? Would you not be able to buy control of all
private institutions of higher learning, including all business and law
schools? Would you not be able to buy and control the government,
itself, to serve your purposes? Think long and hard on this. It is the
most important subject modern men and women can contemplate.
Today, America and the rest of the world suffers from this same debt
money system. We have all become "servants/slaves" to the money
lenders. The evidence and testimony, once examined, is irrefutable.
Why should we the people pay tribute to a private credit monopoly, for
the benefit of using our own money\credit? The people retain an
inalienable right to create their own medium of exchange, through their
elected representatives in the Congress of the United States, as
mandated by the Constitution.
When this right was challenged by the
British, the Colonists went to war. Benjamin Franklin identified this
as the real reason for the War of Independence:
"The refusal of King George to operate an HONEST colonial
MONEY SYSTEM which freed the ordinary man from the clutches
of the manipulators was probably the prime cause of the
Revolution."
"The Colonies would gladly have borne the little tax on tea
and other matters, had it not been that England took away
from the Colonies their money, which created unemployment and
dis-satisfaction."
-Benjamin Franklin
Here we see the cause of poverty, unemployment and financial
insecurity.
There can be no personal liberty without financial freedom.
Thomas Jefferson and many others knew this. Jefferson prophesized what
would happen to America if we ever lost the inalienable right to issue
our own money.
"If the American people ever allow private banks to
control the issue of their money, first by inflation
and then by deflation, the banks and corporations that
will grow up around them, will deprive the people of
their property until their children will wake up
homeless on the continent their fathers conquered."
Thomas Jefferson
Has Jefferson's prophesy come to pass here in the U. S. Inc., which is
a subsidiary of Planet Earth Inc.? Does America now allow private banks
to issue the nations money? Have "... the banks and corporations that
have grown up around (us) deprived (us) of (our) property"? How many
Americans really own their own homes? Do the great majority of
"homeowners" pay rent, via mortgage payments to banks and pay rent to
the "government", via property taxes?
How many Americans own "their"
homes outright?
"... WE MUST NOT LET OUR RULERS LOAD US WITH PERPETUAL
DEBT...If we run into such debts as that we must be
taxed in our meat and in our drink, in our necessities
and comforts, in our labors and in our amusements, for
our callings and our creeds...our people...must come to
labor 16 hours in the 24, give the earnings of 15 of these
to the government for their debts and daily expenses; and
the 16th being insufficient to afford us bread,...We have
no time to think, no means of calling the mis-managers to
account; but be glad to obtain subsistence by hiring ourselves, to rivet their chains on the necks of our fellow
sufferers.
Our land holders, too...retaining indeed the
title and stewardship of estates called theirs, but held
really in trust for the treasury,. . .THIS IS THE TENDENCY
OF ALL HUMAN GOVERNMENTS. A departure from principle becomes a precedent for a second; that second for a third;
and so on, till the bulk of society is reduced to mere
automatons of misery, to have no sensibilities left but
for sinning and suffering...And the fore horse of this
frightful team is public debt. Taxation follows that, and
in it's train, wretchedness and oppression."
- Thomas Jefferson
Are our present day bureaucrats "...glad to obtain subsistence by
hiring (themselves) out to rivet their chains on the necks of fellow
sufferers" - their fellow countrymen?
Has not "...departure from
principle become(s) a precedent for a second; that second for a third;
and so on"?
Is not the "public debt" the "fore horse" of the taxation
that has followed in its train?
Has this prophesy of Jefferson's come
to pass in America?
"The system of banking we have both equally and ever
reprobated. I contemplate it as a blot left in all our
constitutions, which, if not covered, will end in their
destruction, ... I sincerely believe, with you, that banking
establishments are more dangerous than standing armies; and
that the principle of spending money to be paid by posterity,
under the name of funding, is but swindling futurity on a
large scale."
Thomas Jefferson,
in a letter to John
Taylor, May 28, 1816.
Has this "blot left in our constitutions" been covered yet?
Have
our constitutions ended in "destruction"?
In another place, Jefferson expanded upon this:
"I believe that banking institutions are more dangerous to
our liberties than standing armies. Already they have raised
up a money aristocracy that has set the government at defiance.
THE ISSUING POWER SHOULD BE TAKEN FROM THE BANKS AND
RESTORED TO THE GOVERNMENT TO WHOM IT PROPERLY BELONGS."
-Thomas Jefferson
Let's continue and examine the testimony of others.
"The bold efforts that the present bank has made to
CONTROL THE GOVERNMENT and the distress it has wantonly
caused, are but premonitions of the fate which awaits
the American people should they be deluded into a per-
petuation of this institution or the establishment
of another like it...If the people only understood the
rank injustice of our money and banking system there
would be a revolution before morning."
Andrew Jackson's
address to Congress, 1829
"You are a den of vipers and thieves and I intend to
rout you out, and by the eternal God, I will rout you
out.
Andrew Jackson's declaration
of war on the Money Powers.
Have the American people been "deluded"?
Have Andrew Jackson's
"...premonitions of the fate which awaits the American people..."
come to pass here in America?
Have the banks efforts to CONTROL THE
GOVERNMENT been successful?
"If Congress has the right to issue paper money, it was
given them to be used by themselves, and not to be del-
egated to individuals or corporations."
-Andrew Jackson
Let's continue with the testimony. We believe that President Abraham
Lincoln was assassinated for his creation of "United States Notes",
(called Greenbacks) and for his refusal to borrow debt money from
banks. Lincoln was quoted to say:
"The people can and will be furnished with a currency as
safe as their own Government. Money will cease to be master
and become the servant of humanity. Democracy will rise
superior to the money power."
Was this the covering of "the blot in our constitutions" referred to
by Jefferson?
Did Lincoln follow Jefferson's advice by taking the
"ISSUING POWER...FROM THE BANKS AND RESTOR(ing) IT TO THE GOVERNMENT TO WHOM IT PROPERLY BELONGS"?
Lincoln had to wrest control from the Money Powers only 30 years
after Jackson, by getting Congress to issue "Greenbacks" to finance
the Civil War. This is what he said to Congress afterwards:
"We have given the People of the Republic the greatest
blessing they have ever had, their own currency to pay
their own debts."
Abraham Lincoln
However, Lincoln did not underestimate the artful cunning of the
money powers. He, too, feared for the future of our country. He, too,
was aware of the designs of artful and cunning men to CONTROL THE
GOVERNMENT through the money power.
"Yes; we may all congratulate ourselves that this cruel
war is nearing its close. It has cost a vast amount of
treasure and blood. The best blood of the flower of
American youth has been freely offered upon our country's
altar that the Nation might live. It has been, indeed a
trying hour for the Republic; but I see in the future a
crisis approaching that unnerves me and causes me to tremble for the safety of my country.
As a result of the war,
corporations have been enthroned and an era of corruption
in high places will follow, and the money power of the
country will endeavor to prolong its reign by working upon
the prejudices of the people until wealth is aggregated in
a few hands and the Republic is destroyed.
I feel at this
moment more anxiety for the safety of my country than ever
before, even in the midst of the war."
ABRAHAM LINCOLN - 1865
In 1865, during the time Lincoln was attempting (and thereafter
succeeded) in creating a debt-free currency for the People; this
editorial was printed in the London Times.
"If this mischievous financial policy [of creating a
debt-free currency], which has its origin in the
American Republic, shall become permanent, then that
government will furnish its own money without cost! It
will pay off its debts and be without debt.
It will have
all the money necessary to carry on its commerce. It will
become prosperous without precedent in the history of the
world. The brains and the wealth of all countries will go
to America. That government must be destroyed or it will
destroy every monarchy on the globe!"
Note the words, "That government must be destroyed..."
Was this a
declaration of war against America by the bankers?
Who won this war?
Is
America "...prosperous without precedent in the history of the world."?
Was that John Wilkes Booth a banker's agent? And, like John F. Kennedy
after him, was Lincoln assassinated for trying to rout out the "Den of
Vipers and thieves" that Andrew Jackson referred to?
The English money lenders have co-operated with the money lenders
of our country and in 1862 an agent, quietly and under a confidential
seal, distributed among the aristocrats and the wealthy class a
circular. It was called the Hazard Circular and related to the Civil
War. It read:
"Slavery is likely to be abolished by the war power and all
chattel slavery abolished. This I and my European friends are
in favor of, for slavery is but the owning of labor and carries
with it the care of the laborers, while the European plan, led
on by England, is that capital shall control labor by controlling
wages. The great debt that the capitalists will see to it is made
out of the war, must be used as a means to control the volume
of money. To accomplish this the bonds must be used as a banking
basis. We are now waiting for the Secretary of the Treasury to
make this recommendation to Congress. IT WILL NOT DO TO ALLOW THE
GREENBACK, as it is called, TO CIRCULATE AS MONEY any length of
time, as WE CAN NOT CONTROL THAT. But we can control the bonds
and through them the bank issues."
Hazard Circular of 1862
Continued Next Page