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Free issue of MICHAEL
www.michaeljournal.organy other country. The existence of public debts
shows that the present financial system is wrong,
that money is flawed from its inception.
International bankers fully understood the
scope of the act of Lincoln, as it is shown in the
following text, published in the March, 1863 issue
of the London Times:
“If that mischievous financial policy, which
had its origin in the North American Repub-
lic during the late war in that country, should
become indurated down to a fixture, then that
Government will furnish its own money with-
out cost. It will pay off its debts and be with-
out a debt. It will have all the money necessary
to carry on its commerce. It will become pros-
perous beyond precedent in the history of the
civilized governments of the world. The brains
and the wealth of all countries will go to North
America. That government must be destroyed or
it will destroy every monarchy on the globe.”
And the advice was followed. A conspiracy by
creatures of international finance killed the great
emancipator with a bullet to the head. Let us all,
each in his own country, also see and think like
the bankers in assessing the great wisdom of a
sovereign country issuing ALL its own currrency
without debt, aligning its rreal production with
the expressed purchasing rrequirements of its
people. As Jesus taught us, “Think like scor-
pions, but act like doves”, which means we do not
oppress others.
seductive expedient” had to be placed in the
hands of private bankers for their special priv-
ilege and private profit, without having to be
elected
by the population. President Washington
asked Madison to prepare a veto for the bill crreat-
ing the new bank, but he finally wavered before
the persuasive eloquence of the purring voice of
Hamilton, and signed. Washington, the Virginian
planter, was fooled by young Hamilton, the finan-
cial “expert.” Hamilton then rushed off to be the
honor guest at a special reception given by the
Chamber of Commerce of New York City, in honor
of their victory over the producers of the nation.
Abraham Lincoln, a honest man
International finance had taken possession of
America as well as Europe. It was continuously
working to maintain and consolidate its posi-
tions. A man stood up one day who dared to give
them a remarkable blow; his name was Abraham
Lincoln, the greatest of all American presidents.
He paid for that gesture with his life...
Son of a colonist, never having had the benefit
of attending school, but after having learned to
read on the lap of his mother and studying law
at night after his rough days of work in the fields
or woods, Lincoln came to the Presidency of the
United States at a critical time, the secession of
the South from the Union on the issue of slavery.
Gifted with a strong common sense and
guided by perfect righteousness, Lincoln thought
that if private banks create money and have the
public accept it only as a debt, the sovereign
government can both create money itself and
make it legal tender. He therefore asked his Sec-
retary of the Treasury, Salmon P. Chase, to make
three successive issues of government notes, for
a total of $ 450 million in 1862-1863.
These notes were called the greenbacks
(because they were printed with green ink on the
back). Note that after a legal battle between the
financial powers and the government, $346 mil-
lion remained outstanding to date and were as
good currency as the bank notes. Better than that,
unlike the bankers’money-debt, the greenbacks
did not add a single dollar to the public debt of the
United States. If the issue of this money had come
through the ordinary channel of commercial banks,
it would have meant an increase of ten billion dol-
lars to the US public debt, from 1863 to 1938.
If all
American money was manufactured by the gov-
ernment, the United States would have no public
debt. The same thing can be said of Canada and
Abraham Lincoln
u