Sir Josiah Stamp: (President of the Bank of England in the 1920's, the second richest man in Britain): Banking was conceived in iniquity and born in sin. Bankers own the earth; take it away from them but leave them with the power to create credit, and, a flick of the pen, they will create enough money to buy it all back again. Take this power away from them and all great fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But, if you want to be slaves of Bankers and pay the cost of your own slavery, then let the Bankers control money and control credit.

Ralph M. Hawtrey: (Former Secretary of the British Treasury): Banks lend by creating credit. They create the means of payment out of nothing.

Thomas Jefferson: (Letter to Elbridge Gerry, Jan. 26, 1779): Banking establishments are more dangerous than standing armies.

Robert H. Hemphill: (Credit Manager, Federal Reserve Bank in Atlanta): We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It [the banking problem] is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects are remedied very soon.

Henry Ford: If the people of America knew and understood the banking system like I do then I believe there would be an uprising before morning.

Robert Hemphill: was the Credit Manager of the Federal Reserve Bank in Atlanta. In the foreword to a book by Irving Fisher, entitled 100% Money(1936), Hemphill said this: If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible-but there it is.

James Madison: The prime function of government is the protection of the different and unequal faculties of men for acquiring property.

John Adams: All the perplexities, confusions and distresses in America arise not from defects in the constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit and circulation.

Benjamin Disraeli: 1844 British Prime Minister The world is Governed by very different personages from what is imagined by those who are not behind the scenes.

William Jennings Bryan: 1896 Money power denounces, as public enemies, all who question its methods or throw light upon its crimes.

John F. Kennedy: JUNE OF 1963, A THOUSAND DAYS, p655. The great free nations of the world must take control of our monetary problems if these problems are not to take control of us.

Thomas Jefferson: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.

William Patterson: Int. Banker 1694 The bank hath benefit of interest on all moneys which it creates out of nothing.

Rothschilds Bros. Of London Those few who can understand the system (check book money and credit) will either be so interested in its profits, or so dependent on it favors, that there will be little opposition from that class, while on the other hand, the great body of people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear it burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.