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26

Free issue of MICHAEL

www.michaeljournal.org

their monopoly. At the meeting of the American

Bankers Association in Boston in October 1937,

they took care to emphasize the importance of

shaping the youth of the schools through lessons

or lectures skilfully presented by Iocal bankers;

by school competitions sponsored and judged

by them; monitoring of the media; insertion of

articles prepared by bankers or their publicists,

elimination of articles that could hurt the prestige

of the banks, using if needed the decisive influ-

ence of advertisers, and insuring any academic,

especially in economic faculties, who attempted

to expose their deception, were not granted

tenure.

In Canada, we are quite in unison with this

London-based debt-money system, controlled

by private banks, which results in public debts.

We too in Canada, since 1934, have our own cen-

tral bank, the Bank of Canada: despite its name,

it is more responsive to its masters, the privately-

owned Bank of International Settlements (BIS)

then it is to Canada’s parliamentaries and cit-

izens’ needs.

Canadian Liberal leader Mackenzie King was

so proud to say said in 1935 that if he came

to power, he would ensure that the govern-

ment would regain control of money and credit

because democracy is an empty word when it

is the bankers and financiers who hold control.

Once he became Prime Minister of Canada, not

only did he not do anything he promised to put

an end to the control of money by private inter-

ests, but he even disavowed laws that wanted to

establish in a province (Alberta) what he himself

had promised to establish in the whole country.

Is not the history of the monopoly of money

so beautiful! How can it be explained that so

many people persist in defending this system!

What a beautiful result this system gave us!

Pope Pius XI

wrote this about this

system, in his encyc-

lical letter Quadra-

gesimo anno in 1931:

“Those who control

money and credit

have become the

masters of our lives,

to such an extent

that no one dare

breathe against their

will.” These people

want the earth to become their inherit-

ance.”

And Earth has become their inheritance. What

country is not in debt today? If the whole planet is

in debt, do we owe these debts to the inhabitants

of Mars or Venus? No, all these debts are owed

to an organized clique of public criminals — the

war-mongers, those who are starving women and

children, the poisoners of our lives, the “bandits

replace the black masks with a white carnation in

their buttonhole and, to a gun, prefer the crimson

fountain pen. “(Father Coughlin).

It is before this international monster that we

religiously bowdown, go on our knees, and submit

to! History does not offer us another example of

this idiotic lowering of an entire world, except in

the worship of the devil and stone idols or metal

for over forty centuries. So also the powers of

the day formed a protective hedge around stupid

practices and strict legislation defending the

throne of the infernal dictator who was deceiv-

ing mankind. Our children will be able to say the

same thing about our present civilization.

Louis Even

Thomas Jefferson, the third President of the United Sta-

tes, who was always opposed to the debt-money system

imposed by private banks, wrote this in 1816:

“I sincerely believe that banking establishments are

more dangerous than standing armies, and that the prin-

ciple of spending money to be paid by posterity, under

the name of funding, is but swindling futurity on a large

scale.”

Pope Pius XI