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Mullins presents some bare facts about the Federal Reserve System
with subjects on: it IS NOT a U.S. government bank; it IS NOT
controlled by Congress; it IS a privately owned Central Bank
controlled by the elite financiers in their own interest. The
Federal Reserve elite controls excessive interest rates, inflation,
the printing of paper money, and have taken control of the
depression of prosperity in the United States.
From the Foreword. In 1949, while I was visiting Ezra Pound who was
a political prisoner at St. Elizabeth's Hospital, Washington, D.C.
(a Federal institution for the insane), Dr. Pound asked me if I had
ever heard of the Federal Reserve System. I replied that I had not,
as of the age of 25. He then showed me a ten dollar bill marked
""Federal Reserve Note"" and asked me if I would do some research
at the Library of Congress on the Federal Reserve System which had
issued this bill. Pound was unable to go to the Library himself, as
he was being held without trial as a political prisoner by the
United States government. After he was denied broadcasting time in
the U.S., Dr. Pound broadcast from Italy in an effort to persuade
people of the United States not to enter World War II. Franklin D.
Roosevelt had personally ordered Pound's indictment, spurred by the
demands of his three personal assistants, Harry Dexter White,
Lauchlin Currie, and Alger Hiss, all connected with Communist
espionage.
2014 Reprint of 1954 Edition. Full facsimile of the original
edition, not reproduced with Optical Recognition Software. Eustace
Clarence Mullins, Jr. was a populist American political writer,
biographer, ant-Semite, and Holocaust denier. He is considered one
of the leading conspiracy theorists of the Post War period. In this
title Mullins argued that there was a conspiracy among Paul
Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan,
Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild
family, and other European and American bankers which resulted in
the founding of the U.S. Federal Reserve System. He argued that the
Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph
5 of the United States Constitution by creating a "central bank of
issue" for the United States. Mullins went on to claim that World
War I, the Agricultural Depression of 1920, the Great Depression of
1929 were brought about by international banking interests in order
to profit from conflict and economic instability. Mullins also
cited Thomas Jefferson's staunch opposition to the establishment of
a central bank in the United States.
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