Science of the Social Credit Measured in Terms of Human Satisfaction
Christian based service movement warning about threats to rights and freedom irrespective of the label, Science of the Social Credit Measured in Terms of Human Satisfaction

"All that is necessary for the triumph of evil is that good men do nothing"
Edmund Burke

Science of the Social Credit Measured in Terms of Human Satisfaction


The following are some of the notes used by Mr. Eric Butler in his major lecture given on an international lecturing and fact-finding tour.

One of the biggest hoaxes ever inflicted upon a gullible mankind is the generally believed story that the revolution, which took place in Russia in November 1917, was the result of the downtrodden Russian people rising up against their exploiters under the brilliant leadership of Lenin and Trotsky. The hoax also insists that from 1917 until the present time the Communists have, in the face of worldwide opposition from "the wicked capitalists", literally pulled themselves up by their own bootstraps until they have created one of the two greater superpowers of the world.

When the Russian Czar was forced to abdicate in March 1917, by revolutionary pressures generated by the activities of Jacob Schiff and his colleagues of Kuhn, Loeb and Company, and similar international financiers, Trotsky was in New York working for a Communist newspaper. Lenin was in Switzerland. He had been in Europe since 1905 when he was expelled from Russia for his part in the abortive Communist uprising, which took place that year. Bolshevism was not in March 1917, a viable force capable of taking over Russia with its own limited resources.

First Lenin was sent from Switzerland into Russia in a sealed train along with at least 50 of his fellow Bolsheviks. As Winston Churchill graphically described this remarkable episode, Lenin was sent into Russia "in the same way that you might send a phial containing a culture of Cholera to be poured into the water supply of a great city . . . No sooner did Lenin arrive than he began beckoning a finger here and a finger there to obscure persons in sheltered retreats in New York . . ."

In a revealing article written in 1920, Churchill wrote about "This worldwide conspiracy".
Trotsky lost no time responding to the beckoning finger of Lenin, boarding a ship in New York and taking with him 275 fellow Bolshevik revolutionaries. But when his ship, the S.S. Christiana, reached Halifax, Nova Scotia, the Canadian Government promptly arrested him and impounded the large sum of money he was carrying.
The Canadian Government very logically took the view that as Trotsky and his fellow Bolsheviks had openly proclaimed that when they took control of Russia they were going to make a separate peace with Germany, and that as this would mean the use of all German troops against the Western Front where large numbers of Canadians were fighting, they should prevent Trotsky from continuing on his revolutionary mission. Trotsky was held for five days, but then allowed to proceed by a Canadian Government forced to yield to the "worldwide conspiracy". The core of this conspiracy was the international financial groups linked with Kuhn, Loeb and Company.

One of the principal figures was Jacob Schiff, whose own grandson has admitted had invested at least $20 million in a revolution which in fact was imposed upon the unfortunate Russians from outside their country. Trotsky later married the daughter of one of the wealthy bankers who backed the Bolshevik Revolution, Jivotovsky.
A leading member of Kuhn, Loeb and Company was Mr. Paul Warburg, who together with his brother Felix left Germany for the United States in 1902, leaving behind brother Max to run the family bank of M. N. Warburg and Company, Frankfurt. Paul Warburg married Solomon Loeb's daughter and Felix married Jacob Schiff's daughter. Mr. Paul Warburg was the architect of the Federal Reserve Board, one of the early steps towards developing what later became known as Central Banking.

While millions of troops were locked in battle in Western Europe during the First World War, the international financiers were operating on both sides of the fighting lines. Max Warburg, for example, was playing a vital role in Germany while brothers Felix and Paul were doing likewise in the U.S.A. A very cosy type of family arrangement! Sir Cecil Spring-Rice, British Ambassador to Washington during the first part of World War I, complained on numerous occasions about the pro-German attitude of these groups. In a letter to Sir Edward Grey British Foreign Minister, on November 15, 1914, Sir Cecil Spring-Rice wrote, "The Jews have a strong preference for the (German) Emperor, and there must be some bargain . . ."

The desperate British later did make a bargain, a major part of which was outlined in a letter dated November 2, 1917, from Lord Balfour, the British Foreign Secretary, to Lord Rothschild, informing him that the British Cabinet was in favour of "the establishment in Palestine of a national home for the Jewish people". Lord Rothschild was requested to bring the British Cabinet's decision to the knowledge of the Zionist Federation. Some of those members of the British Government which agreed to the "Balfour Declaration", including Winston Churchill, subsequently recorded quite frankly that the promise was made to the Political Zionists in order that they would use their enormous international influence on the side of the Western Allies at a time when their military situation was so desperate that failing assistance from the United States, there was no real alternative to making some type of peace agreement with Germany.

Probably bearing in mind that the promise to the Political Zionists conflicted with an earlier promise made to Arab leaders, who were promised Arab independence if they would join against their colonial masters, the Turks, one of Germany's main allies, the British Cabinet did declare in the Balfour agreement that the establishment of a National Home for the Jews must not "prejudice the civil and religious rights of existing non-Jewish communities in Palestine . . ."

When Great Britain was given the Mandate over Palestine at the end of the First World War the population was 95 percent Moslem and Christian Arabs, and only 5 percent Jews, many of these coming in from Russia under various Zionist colonising schemes. The Palestinians could trace their history back over two thousand years. They had a far greater rightful claim to Palestine than have, for example, the Europeans to the United States.

But the imposition of the Political Zionist programme upon Great Britain set in motion a chain of explosive events leading to the expulsion of the Palestinians from their country, a frightful Palestinian refugee problem, the cynical exploitation of that problem by the Soviet Union, and a Middle East crisis which has resulted in periodic major military explosions between the Arab nations and the Zionist State of Israel.
One of the most potent emotional arguments used by the Political Zionists to establish a State in another people's country, is that they have a special moral and religious claim to "the land of their forbears".

The great majority of those called Jews, probably at least 85 per cent, have no racial relationship whatever with Palestine. The "Universal Jewish Encyclopedia" gives the history of the great Khazar Empire of Middle Asia, the people being of mixed stock with Mongol and Turkish affinities. They were an extremely warlike but able people. It was probably towards the end of the eighth century that King Bulan having called representatives of Judaism, Christianity and Mohammedanism, decided upon Judaism as a State religion.
The eminent Jewish history Professor H. Graetz, in his "History of the Jews" deals with the progressive Judaism of the Khazars relating how it became the fundamental law of the State that only Jewish rulers could ascend the throne.

The Khazars were the first population of people to be called Jews in Eastern Europe. Eventually they were dispersed throughout Russia, Eastern Europe and then through to Western Europe. Obviously there has been considerable mixing with other peoples over the centuries, but this group of Jews, broadly described as Askenazims, can claim no racial relationship with Palestine.

The small minority group of the Jews, the Sephardim, has lived in peace and harmony with the Arab peoples over the centuries. They are different from the Askenazim Jew in many ways, including appearance. One of the most distinguished members of this group was the British Prime Minister, Benjamin Disraeli, whose novels revealed that he had a great understanding of the power exercised by international finance. He said, "The world is governed by very different people from what is imagined by those who are not behind the scenes". The famous writer, Dr. Oscar Levy, was also a Sephardi Jew, and persecuted by the Zionists because of his critical anti-Zionist writings.

Political Zionism was born amongst Eastern European (Askenazim) Jews, its philosophical power concept being first outlined in "The Jewish State", by Theodor Herzl, a work originally entitled "An Address to the Rothschilds".
Political Zionism was strongly opposed by prominent Jews in the West. The distinguished American Jew, Henry Morgenthau, summarised the feelings of his fellow anti-Zionist Jews with his comment that "Zionism is the most stupendous fallacy in Jewish history ... It is a retrogression into the blackest error and not progress towards the light ... it is a betrayal; it is an Eastern European proposal, fathered in this country by American Jews which if it were to succeed, would cost the Jews of America most that they have gained of liberty, equality and fraternity."

The first Australian-born Governor-General. Sir Isaac Isaacs, was badly smeared by the Zionists because of his anti-Zionist stand. Not even the status of that cultured Jew, Moshe Menuhin, father of the famous violinist. Yehudi Menuhin, saved him from the hatchet attacks of the Political Zionists when he wrote his classic work. "The Decadence of Judaism in Our Times" (1965) in which he described Political Zionism as "A monstrous historical crime and curse."
The views of the many prominent Jews who have warned about the long-term dangers of the policies of the Political Zionists, have been almost completely drowned out by international propaganda supporting Zionist policies. Or the non-Zionist Jews are given the silent treatment.


Following the imposition of the Bolsheviks upon the Russian peoples, and the British acceptance of the Zionist project for Palestine, the Schiffs, Warburgs and their international associates took the necessary steps, including the entry of the United States into the conflict, to bring the First World War to an end. They were represented on both sides at the Versailles Peace Conference. British Prime Minister Lloyd George later wrote, "The international bankers swept statesmen, politicians, journalists and jurists all on one side and issued their orders with the imperiousness of absolute monarchs . . ." American President Woodrow Wilson changed his attitude on a vital issue following the receipt of a telegram from Jacob Schiff.

At Versailles Schiff and associates insisted upon the recognition of the Bolshevik Government in Russia. They also supported the first step towards trying to create World Government, the League of Nations. But although American public opinion revolted against accepting the Bolsheviks, the international financiers took every possible step to ensure that the newly established Bolshevik regime did not collapse. Credits were furnished through Germany, these enabling the Bolsheviks to obtain the Western economic assistance they desperately needed to keep control of Russia. Communism as a production system is an abject failure, as demonstrated in the Soviet Union over half a century.

The Great Depression of the 'thirties, eventually becoming worldwide, was precipitated by the Wall Street international financiers. They demonstrated the truth of the statement attributed to the first Rothschild, Mayer Amschel, of Frankfurt, that so long as he could issue the credit of a nation he did not care who made the laws. The sudden drastic curtailment of credit in the United States produced the necessary conditions for the election of President Roosevelt. Desperate Americans were urged to recognise the Soviet Union so that loans could be openly granted to them. This would be "good for American business," was the theme. This is the same theme being used today to justify not only massive credit and economic blood transfusions to the Soviet Empire, but also to the Red Chinese.

The international financiers have an excellent public relations man developing this theme with an added emphasis: the building up of both the Soviet Union and Red China will lead to the creation of an "international order." This public relations man is Dr. Henry Kissinger, who migrated to the United States from Germany before the Second World War.
Kissinger was the man who said before the 1968 American Presidential Elections that Richard Nixon was unfitted to be the President. But when Nixon was elected, one of his first acts was to appoint Kissinger to a position, which made him the most powerful American public servant in the Republic's history! Nixon obviously recognised that Kissinger represented the real source of power in the modern world: those who create and control credit.

To the uninformed, credit power is a form of black magic. Those who have sought to monopolize this power are, in a world of sophisticated technology, much better placed to seek to establish a World State than was an Alexander The Great. Alexander had no mass media to brainwash people, so his principal instrument for obtaining complete World power was the sword. Those thrusting towards the age-old dream of a World State today are using a variety of policies and techniques, including economic centralism.
Also essential is a continuing state of crisis, with each new crisis being exploited to develop centralised power still further. Consider how Political Zionism and the Soviet Union have combined to produce a series of Middle East crises, the October 1973, crisis resulting in a "solution" by Dr. Henry Kissinger. This met with the warm approval of the Soviet leaders, who look forward to the re-opening of the Suez Canal so that they can easily move their growing naval forces from the Mediterranean Sea into the Indian Ocean.


The Middle East crisis started to develop from the moment the British permitted the Zionists to start establishing a "National Home" in Palestine after the First World War. Growing Zionist immigration, the overwhelming majority of the migrants being Askenazim Jews, produced inevitable friction with the indigenous people, the British trying to preserve peace. As the Second World War approached, the British decided to revise their policy and in the White Paper of 1939 announced a drastic curtailment of Zionist immigration to Palestine. There was a storm of protest from the Zionists and violent anti-British threats.
The British declaration of war on Hitler's Germany temporarily ended the Zionist threats, but as the war proceeded there was a growing Zionist drive to use Jewish refugees from Europe to breach British immigration laws for Palestine. Steps were also taken to establish a Zionist underground terrorist movement, ready to strike against the British when the war ended.

In a world where terror tactics have become almost commonplace, it is easy to forget that the Zionist terrorists were responsible for some of the most shocking crimes. There was the blowing up of the King David Hotel, the murdering of British soldiers and police. Some were kidnapped, flogged and then hanged. The deadly letter bomb was used. The British Minister-Resident in Cairo, Lord Moyne, was murdered in cold blood.
The British who had exhausted themselves in the war against Hitler, were now vilified internationally, particularly in the United States, as being "worse than Hitler"-merely because they were attempting to ensure that a balance was maintained in Palestine. The co-operation of the Soviet leaders with the Zionist drive on Palestine was dramatically highlighted when the British Chief of the United Nations Relief and Rehabilitation Organisation, Lieut. -General Sir Frederick Morgan publicly charged that there was a "secret organisation to further mass movement of Jews from Europe" and that this movement was being used as "an umbrella for Russian secret and criminal agents".

The Soviet not only provided Jewish manpower for the Zionist Palestinian campaign, but when the Zionist forces looked like being defeated militarily by the Arab armies following the Zionist conquest of Palestine, following the British withdrawal in May, 1948, Stalin personally ordered that the Zionists be provided with the best available military equipment. Pressured by both the Communists and the Political Zionists the United Nations had previously decided that when the British left Palestine should be partitioned under the UN supervision. But the Zionists launched a terror campaign, which resulted in hundreds of thousands of Palestinians fleeing from their own country. This was the beginning of the dreadful Palestinian refugee problem, which predictably led to what has taken place since exploitation of the situation by the Soviet strategists, experts in exploiting problems they have helped to create.

In three oustanding works, Mr. Alfred Lilienthal, the American Jewish expert on the Middle East, warned of what must happen as the result of forcing the Zionist "thorn" into Moslem world. What Price Israel? "There Goes the Middle East", and "The Other Side of the Coin", are essential source works for those wishing to study a terrible story by a non-Zionist Jew. Mr. Lilienthal has been threatened and smeared and his books are now very difficult to obtain. Events have confirmed Mr. Lilienthal's central warning: that uncritical Western support for the Zionist State of Israel must assist Soviet strategy in penetrating the Middle East and influencing the whole of the Moslem world. A constant state of crisis has been punctuated by three major military explosions, the first in 1956, when the British under Prime Minister Eden decided, together with the French, to make an effort to re-establish their authority over the Suez Canal area. They were forced to retreat in a major loss of face, not by Egyptian military force, but by combined threats from Moscow and Washington. Washington threatened severe finance-economic sanctions if the British refused to retreat. Soviet influence increased enormously.


Then came the Six-Day War of May 1967. Superficial anti-Communists, encouraged by Zionist propaganda, enthusiastically proclaimed that as Soviet Russia was backing the Arabs, the devastating defeat of the Arabs by the Israelis was a major set-back for the Soviet strategists. Israel, allegedly threatened with extinction by the Communist-backed Arabs, was presented as a courageous David showing the whole world how to defeat the Communist Goliath. The truth was exactly the opposite. The real winners were the Soviet strategists, subsequently revealed to have triggered the conflict by providing Egypt with a false report that Egypt's ally Syria was about to be attacked by Israel.

So far from the Soviet strategists believing that Egypt had the capacity to defeat the Israelis on the battlefield, they knew, as did every real authority on the Middle East, that the Egyptians and their allies were in a hopeless position. One of the real experts on the Middle East, the famous Sir John Glubb, ("Glubb Pasha") who spent much of his life in the Middle East training Arab troops, analysed the 1967 Arab-Israeli conflict in a booklet, "The Middle East Crisis". Sir John Glubb pointed out all those with military experience in the Middle East over the previous twenty years knew that "the Egyptian Army had not the faintest chance against the Israelis". He observed that he had predicted that the duration of any battle in the Sinai would only be forty-eight hours. The Egyptians were defeated in sixty hours.

As Sir John Glubb points out, the Soviet strategy had two main objectives: To lure the Arabs into a catastrophic defeat, with the United States and the British completely committed to Israel. If the two objectives were achieved, the Arab States would be convinced that the West had no sympathy whatever for them and that, however resentful the Arabs might be that the Soviet had not actively entered the conflict to prevent their defeat, they have no alternative but to rely solely on the Soviet for reconstruction. The Soviet strategy worked out perfectly. Israel expanded enormously its occupation of Arab territories, including the West Bank of Jordan, this resulting in a new flood of Arab refugees into neighbouring Arab countries. Sir John Glubb remarked, "If Soviet leaders ever laugh, this must have been the moment."

Yes, indeed. And while dupes of Political Zionist propaganda were believing the story that the Soviet was backing the Arabs to destroy Israel, the Communist press of the world was reminding the Communists everywhere that Soviet policy had played a decisive role in creating Israel and that there was no intention of allowing Israel to be destroyed. Two Israeli Communist leaders visiting Moscow after the 1967 Arab-Israeli conflict were given the same assurance. The truth is that the retention of Israel is essential for Soviet strategy not only in the Middle East, but right throughout the Moslem world.

Under cover of the 1967 Arab-Israeli war the Soviet strategists increased their naval build up in the Mediterranean and subsequently continued to exploit the after math of the war, which saw the Middle East crisis deepening. At the United Nations the Soviet happily supported the resolution demanding that Israel give back Arab territories conquered in the 1967 war, confident that the Western nations were not going to apply any pressure to Israel to do this, while at the same time pouring more military equipment into these Arab nations prepared to accept Soviet "assistance". Blinded by their fear and hatred of Israel, which they have been led to believe is but an instrument of "Western imperialism" in the Middle East, few Arabs have considered the significance of the fact that if it were not for the massive economic blood transfusions from the "Western imperialists" to the Soviet Empire, the Communists would not be in the position to play their dialectical game in the Middle East.

If the Arabs examine the long-time financing of the Soviet Union from the West, by the same people ensuring that Israel is sustained by external assistance, they must logically reach the conclusion that they, along with their oil, and the Israelis are regarded as but pawns in a much bigger game-one with the ultimate objective of establishing a World State.