SECRETS OF THE FEDERAL RESERVE - Shattering Denial

__________________________* Theodore Roosevelt13 Elisha Ely Garrison, Roosevelt, Wilson and the Federal Reserve Law, Christopher Publications, Boston,1931House’s phrase, "take away the power of a President" is significant, because laterPresidents found themselves helpless to change the direction of the government becausethey did not have the power to change the composition of the Federal Reserve Board toattain a majority on it during that President’s term of office. Garrison also wrote in thisbook,"Paul Warburg is the man who got the Federal Reserve Act together after the AldrichPlan aroused such nationwide resentment and opposition. The mastermind of both planswas BaronAlfred Rothschild of London."Colonel Edward Mandell House * was referred to by Rabbi Stephen Wise in hisautobiography, Challenging Years as "the unofficial Secretary of State". House noted thathe and Wilson knew that in passing the Federal Reserve Act, they had created aninstrument more powerful than the Supreme Court. The Federal Reserve Board ofGovernors actually comprised a Supreme Court of Finance, and there was no appeal fromany of their rulings.In 1911, prior to Wilson’s taking office as President, House had returned to his home inTexas and completed a book called Philip Dru, Administrator. Ostensibly a novel, it wasactually a detailed plan for the future government of the United States, "which wouldestablish Socialism as dreamed by Karl Marx", according to House. This "novel"predicted the enactment of the graduated income tax, excess profits tax, unemploymentinsurance, social security, and a flexible currency system. In short, it was the blueprintwhich was later followed by the Woodrow Wilson and Franklin D. Rooseveltadministrations. It was published "anonymously" by B. W. Huebsch of New York, andwidely circulated among government officials, who were left in no doubt as to itsauthorship. George Sylvester Viereck ** , who knew House for years, later wrote anaccount of the Wilson-House relationship, The Strangest Friendship in History.14 In1955, Westbrook Pegler, the Hearst columnist from 1932 to 1956, heard of the Philip Drubook and called Viereck to ask if he had a copy. Viereck sent Pegler his copy of the book,and Pegler wrote a column about it, stating:"One of the institutions outlined in Philip Dru is the Federal Reserve System. TheSchiffs, the Warburgs, the Kahns, the Rockefellers and Morgans put their faith in House.The Schiff, Warburg, Rockefeller and Morgan interests were personally represented inthe mysterious conference at Jekyll Island. Frankfurter landed on the Harvard law faculty,thanks to a financial contribution to Harvard by Felix Warburg and Paul