CHAPTER XIV
FINAL VOLLEY AT THE MONSTER
GET right down to brass tacks and ask yourself these questions:
No. 1. Do you want a Federal Reserve System managed and manipulated from Washington by the Federal Reserve Board composed of political appointees subject to no control, supervision nor oversight and in effect a mammoth Central Bank?
No. 2. Do you want capital commandeered at 6 per cent by the use of which are wrung out profits as high as 160 per cent?
No. 3. Do you want deposits--over $1,800,000,000--conscripted at no per cent loaned out at interest charges as high as 87 per cent?
No. 4. Do you want to permit or allow the coercion or sandbaggery of non-member State banks by the Federal Reserve System in its piratical attempts to get its checks collected for nothing? The Supreme Court of the United States frowns on such sandbaggery. Do you favor it?
No. 5. Do you want such titanic expense accounts and such altitudinous salaries paid to favored bank officers?
No. 6. Do you want such an orgy of squandermania in the erection and equipment of sumptuous palaces of pillage with its auditoriums and club rooms and gymnasium and restaurant attachments?
No. 7. Do you want to witness, or be victimized by, Debacles of Drastic Deflation with all the destructions, miseries and disasters in their wake?
No. 8. Do you want such a Partiality of Pillage whereby parasitical speculation is coddled and the necessary production of real wealth is throttled?
No. 9. Do you want such a Croesus-like hoarding of gold--now over $3,000,000,000--which menaces the world and which deprives you of even the sight of your own money? And do you like a gold basis buried so deep that you can't even see, nor get, a stiver of it?
No. 10. Do you want a system where bank credits and bank currency--the very life blood of production and of commerce--can be arbitrarily contracted at the mere whim of a coterie of financial despots?
No. 11. Do you want pawnbrokering interest rates charged and Shylockery practiced under the aegis of your flag?
And if you do want any or all of these things, do you want the financial destinies of your estate, of your children or of your inheritors dependent on the whim--or mayhap on the interests--of what is in reality earth's most autocratic Money-Bund?
Do you want the prosperity or adversity of the U.S.A.--the greatest Nation under Jehovah's canopy--summoned at the beck and call of the real Invisible Empire?
You know that when you hand over the financial government of a Nation to a parasitical coterie of men you hand over to them the real Government of a nation and, knowing that, do you want this autocratic Federal Reserve System continued as it is? In other words, do you want this parasitical Federal Reserve System--remote from the producers of real wealth--purely a child of astutely lobbied law in the interests of a few paltry "kings of finance" to really govern the United States by governing its money?
Do you want the very height and apex of Special Privilege enthroned and sceptered governing your Republic? Do you want to continue to be a Republic in name only, while its real destinies--through a money monopoly--are guided by coteries of Special Privilegists strutting under your laws, housed in palaces of splendor paid for by you and extracting fabulous salaries from your toil? Were Washington, Jefferson, Jackson and Lincoln all wrong when they warned you against special privileges and the encroachments of massed wealth? Do you want unelected and politically appointed satraps parceling out and administering your Nation in twelve satrapies? Do you want your Government to continue its abdication of finance and to continue to be but a mere puppet in the hands of an organized Money-Bund?
Oughtn't this Federal Reserve "Bunking" System--which has the U.S.A. buncoed and chloroformed out of its financial independence--to be curbed, humanized, restrained, limited and governed instead of devouring the substance of its creators, the people? When the misbranded "emancipator of credit" becomes the destroyer of credit, oughtn't the destroyed to emancipate themselves? When an arrogant creature overrides and oppresses its creators, oughtn't it to be sternly regulated or destroyed? When you were befooled into creating the Federal Reserve System, did you create a Frankenstein monster for your own industrial destruction?
Don't you want this parasite curbed ere it throttles to death the sturdy tree of American production about which it has entwined its throttling tentacles? Really, don't you?
End
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