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464 Vatican Assassinsthe living Son of God, to Whom has been given all authority in earth, raised up amighty voice heard <strong>by</strong> all true statesmen in Washington. The Great PennsylvaniaCongressman Louis T. McFadden, Chairman of the House Committee on Bankingand Currency, addressed the House of Representatives on June 10, 1932 as follows:“Mr. Chairman . . . We have been dealing with the effect of thingsrather than with the cause of things . . . we have in this country one ofthe most corrupt institutions the world has ever known. I refer to theFederal Reserve Board and the Federal Reserve Banks . . . the iniquitiesof the Federal Reserve Board and Federal Reserve Banks actingtogether have cost this country enough money to pay the national debtseveral times over . . . This evil institution has impoverished and ruinedthe people of the United States. It has done this through . . . the corruptpractices of the moneyed vultures who control it . . . The FederalReserve Banks . . . are private credit monopolies which prey upon thepeople of the United States for the benefit of themselves . . . The Wilsonadministration, under the tutelage of those sinister Wall Street figureswho stood behind [the “holy monk”] Colonel House, established herein our free country the worm eaten monarchial institution of the “king’sbank” to control us from the cradle to the grave . . . In other words, theimperial power of elasticity of the public currency is wieldedexclusively <strong>by</strong> these central corporations owned <strong>by</strong> the banks . . . Whyshould our national-bank depositors and our government be forced tofinance the munitions factories of Germany and Soviet Russia? . . . TheUnited States has been ransacked and pillaged. Our structures have beengutted and only the walls are left standing . . . This is the John Lawswindle over again. The theft of Teapot Dome was trifling compared toit. What king ever robbed his subjects to such an extent as the FederalReserve Board and the Federal Reserve Banks have robbed us? . . . Ihave singled out the Federal reserve currency for a few remarks becausethere has lately been some talk of her ‘fiat money’ . . . Fiat moneyindeed! . . . Every effort has been made <strong>by</strong> the Federal Reserve Board toconceal its power but the truth is the Federal Reserve Board has usurpedthe Government of the United States. It controls everything here and itcontrols all our foreign relations [The Council on Foreign Relations]. Itmakes and breaks governments at will . . . when the Federal ReserveAct was passed the people of the United States did not perceive that aworld system was being set up here which would make the savings ofan Am<strong>eric</strong>an schoolteacher available to a narcotic-drug vendor inMacao. They did not perceive that the United States was to be loweredto the position of a coolie country which has nothing but raw materialsand heavy goods for export; that Russia was destined to supply manThe Jesuits – 1913

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