6139008-History-of-Money

With the huge sums of money from the Bank of England, Sherman was able to BUYthe members of Congress and The Bill to Reform the Coinage Act was passed bystealth in 1873. The dual system of bimetallism was abandoned for the monometallicor gold standard. This put the U.S. on the gold standard and soon all the nations ofthe World followed the example of the U.S. and abandoned silver. The World economicorder was CRIPPLED when silver was demonetized in 1873 and the World was left witha monometallic gold standard. It was like a man with ONE leg; or ONE eye, or ONEarm. Gold was measured in its ratio to silver and silver was measured in its ratio togold at 15 to 1.The Return Of The Gold Standard (1866 - 1881)"Right after the Civil War there was considerable talk about reviving Lincoln's brief experiment with the Constitutionalmonetary system. Had not the European money-trust intervened, it would have no doubt become an establishedinstitution." W.Cleon Skouse. Even after his death, the idea that America might print its own debt free money set offwarning bells throughout the entire European banking community. On April 12th in 1866, the American congress passedthe Contraction Act, allowing the treasury to call in and retire some of Lincoln's greenbacks. With only the banks standingto gain from this, it's not hard to work out the source of this action. To give the American public the false impression thatthey would be better off under the monometallic gold standard, the money changers used the control they had to causeeconomic instability and panic the people. This was fairly easy to do by calling in existing loans and refusing to issue newones, a tried and proven method of causing depression. They would then spread the word through the media they largelycontrolled that the lack of a single gold standard was the cause of the hardship which ensued, while all this time using theContraction Act to lower the amount of money in circulation. It went from:$1.8 billion in circulation in 1866 allowing $50.46 per person,to $1.3 billion in 1867 allowing $44.00 per person,to $0.6 billion in 1876 making only $14.60 per person and downto $0.4 billion only ten years later leaving only $6.67 per person and a continually growing population.Most people believe the economists when they tell us that recessions and depressions are part of the natural flow, but intruth the money supply is controlled by a small minority who have always done so and will continue to do so if we letthem. After silver was demonetized, gold was measured by itself. This reduced the amount of money in the World by halfand doubled the wealth of the bond holders. Gold today has absolutely no ratio to silver and the current price of gold isabout $360 an ounce. The gold standard led to the establishment of the private Rockefeller/Rothschild "Federal" ReserveBank in 1913 based on a monetized debt-usury system. Within three years of 1873, with 30% of the work forceunemployed, the American people began to harken back to the days of silver backed money and the greenbacks. The USSilver Commission was set up to study the problem and responded with telling history: "The disaster of the DarkAges was caused by decreasing money and falling prices... Without money, civilisation could not have had a beginning,and with a diminishing supply, it must languish and unless relieved, finally perish. At the Christian era the metallic moneyof the Roman Empire amounted to $1,800,million. By the end of the fifteenth century it had shrunk to less than$200,million. History records no other such disastrous transition as that from the Roman Empire to the Dark Ages..."United States Silver CommissionDespite this report, Congress took no action. While they obviously could see the problems being caused by the restrictedmoney supply, this declaration did little to help the problem, and in 1877 riots broke out all over the country. The bank'sresponse was to do nothing except to campaign against the idea that greenbacks should be reissued. The AmericanBankers Association secretary James Buel expressed the Bankers’ attitude well in a letter to fellow members of theassociation. He wrote: "It is advisable to do all in your power to sustain such prominent daily and weekly newspapers,especially the Agricultural and Religious Press, as will oppose the greenback issue of paper money and that you will alsowithhold patronage from all applicants who are not willing to oppose the government issue of money. To repeal the Actcreating bank notes, or to restore to circulation the government issue of money will be to provide the people with moneyand will therefore seriously affect our individual profits as Bankers and lenders. See your congressman at once andengage him to support our interest that we may control legislation." What this statement exposes is the difference inmentality between your average person and a banker. With a banker 'less really ismore' and every need an opportunity to exploit.James Garfield became President in 1881 with a firm grasp of where the problemlay. "Whosoever controls the volume of money in any country is absolute master ofall industry and commerce... And when you realise that the entire system is veryeasily controlled, one way or another, by a few powerful men at the top, you will nothave to be told how periods of inflation and depression originate." Within weeks ofreleasing this statement President Garfield was assassinated. The cry from thestreets was to….International Bankers’ Manifesto Exposed in 1892 by Lindberghhttp://www.redicecreations.com/specialreports/2005/07jul/bankersmanifesto.htmlThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! 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