TAILIEUCHUNG - Silas Walter Adams, The Legalized Crime of Banking

Nicholas Biddle, president of the Second Bank of the United States: "And how can you do that Nick" "Andy, I can make or break any business man in the country," Andy Jackson, the Indian brave fighters, asking Nick replied, "by extending credit or a loan." and Andy back, "Then Nick, eternal, I will kill your bank" - and he did and that is exactly what he wanted Andy to do because Nick's heart was set lapvao private banks, and from that disastrous action in the 1830's Andy Nation has lived a busy life at the mercy of banks believed to. | Silas Walter Adams The Legalized Crime of Banking ch 3 Nicholas Biddle president of the Second United States Bank Andy I can make or break any business man in the Nation. Andy Jackson the intrepid Indian fighter asked And how can you do that Nick And Nick replied By extending or withholding a loan. And Andy shot back Then Nick by the eternal I ll kill your bank and he did. And that was exactly what he wanted Andy to do because Nick s heart was set on private banking and from that calamitous act of Andy in the 1830 s the Nation has lived a hectic life at the mercy of private banks that would organize issue money far beyond their ability to redeem use this money to buy property and pleasures then bust leaving the depositors broke. Sir Josiah Stamp while in Austin in the 20 s in an informal talk to about 150 professors of the University of Texas said Banking was conceived in iniquity and born in own the earth. Take it away from them but leave them the power to create money and with a flick of the pen they will create enough money to buy it back again. . . Take this great power away from them and all great fortunes like mine he was the second richest man in Great Britain and president of the Bank of England will disappear and they ought to disappear for then this would be a better and a happier world to live in. . . My sons are well educated they should not hesitate to take their places in the ranks of humanity and forge their own fortunes. . . . BUT if you want to continue to be the slaves of bankers and pay the cost of your own slavery then let bankers continue to create money and control Credit. Senator Robert L. Owen of Oklahoma in a preface to a book written by Winslow and Brogham wrote It would appear that there could be no subject of more supreme importance to the people of the United States than an understanding of money and its powers. It is remarkable and a fact of surpassing importance that the provision of the Constitution of the United States .

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