The Pen That Rules The World
you see this pen? It is the banker's pen. It writes figures in his ledger.
an industrialist, a businessman, or the government itself comes to borrow money
from the bank, the banker inscribes this loan in his ledger. He does not lend
paper money nor coins. The money he inscribed will increase the account of the
borrower. It is new money that will be distributed in the nation by the borrower.
When the borrower collects money throughout the nation, through his sales
or purchases, to pay the loan back, the banker will inscribe again the same amount
in his ledger, but it will be added to the account of nobody. Nobody can draw
cheques anymore on this repayment. It is now dead money.
A loan creates,
gives birth to new money; the repayment of a loan cancels money, puts it in a
coffin. All this takes place in a bank, and nowhere else.
ask the borrowers to bring back to them more money than was created, and nobody
except the bankers can create money. If the repayments are made as agreed, there
is less money left in circulation in the nation. If an individual cannot meet
his payments, the banker will seize the properties used as security for the loan.
For some borrowers to be able to pay back their loans in full, there must
be, inevitably, other borrowers who cannot meet their loans, since more money
must be returned to the bank than what was created by the bank. (Don't forget,
only banks can create money.)
Bankruptcies of industries, of businesses
and farms are therefore a natural outcome of the present banking system.
As for governments, they can never pay back all that they borrowed; they just
add the sum to the public debt. The public debt represents money that does not
exist, but that the bankers want to be paid back just the same.
debt keeps growing, and so does the interest on this debt. Taxes keep increasing,
the pockets of the taxpayers are emptied, and everybody has to do without.
When loans come faster than repayments, a kind of temporary prosperity exists.
This is what happens with wars. Once the war is over, it is time to pay back the
loans, and the unemployment rate rises again. One needs money to finance wars,
but don't worry, they will never lack money for wars. They never did. The pen
of the banker is ready to write more figures for wars. (The wars in Iraq and Afghanistan
are proof of it.) It is in peacetime, for peace and works of peace, that money
Look at the drawing below. Where can wealth be found? It
can be found above, with cannons and airplanes for war. (In 2003, it can be found
in missiles and nuclear bombs.) It can also be found, in appearance, in the march
of the Communists for power. The Bolshevik Revolution of 1917 was financed by
the big banks of New York City. (It is also the big banks that are preparing World
War III to impose upon us all a Communistic world government.)
the bottom of the drawing: on the left, you can see the slums of cities, where
human capital vegetates and suffers. The pen of the banker is not interested in
human lives; they are not profitable for the bank.
On the right you can
see an abandoned farm. The farmer in question could not sell his production with
a profit, since money had become too scarce, because of the banker's pen that
requires more money than it creates. This farm no longer yields production; it
is a destruction of what human beings need.
The family of this farmer suffers
today because of the pen of the banker. And how many others are on the same path!
Only the banker's pen does all of these things. The pen of the government
only signs the debts. This is why the right to create and destroy money must be
taken away from the banker's pen. We need a social money, a social credit, for
the common good of all the members of society.
Louis Even, Canada 1941
Further Reading: "In
This Age of Plenty," by Louis Even. Available from all Heritage Book Services.
A Brief History Of Bankster Control
In The United States
Chapter 49 The
History of Banking Control in the United States
An article of Alain
Pilote, first published in the Sept.-Oct., 1985 issue of the Vers Demain Journal.
The bankers' dictatorship and their debt-money system are not limited to one
country, but exist in every country in the world. They are working to keep their
control tight, since one country freeing itself from this dictatorship and issuing
its own interest- and debt-free currency, setting the example of what an honest
system could be, would be enough to bring about the collapse of the bankers' swindling
debt-money system worldwide
This fight of the
International Financiers to install their fraudulent debt-money system has been
particularly vicious in the United States of America since its very foundation,
and historical facts show that several American statesmen were well aware of the
dishonest money system the Financiers wanted to impose upon America, and of all
of its harmful effects. These statesmen were real patriots, who did all that they
possibly could to maintain for the U.S.A. an honest money system, free from the
control of the Financiers.
did everything in their power to keep in the dark this facet of the history of
the United States, for fear that the example of these patriots might still be
followed today. Here are these facts that the Financiers would like the population
to ignore: The happiest population
We are in 1750.
The United States of America does not yet exist; it is the 13 Colonies of the
American continent, forming New England, a possession of the motherland,
Benjamin Franklin wrote about the population of that time:
to find a happier and more prosperous population on all the surface of the globe.
Going over to England to represent the interests of the Colonies, Franklin
was asked how he accounted for the prosperous conditions prevailing in the Colonies,
while poverty was rife in the motherland:
That is simple, Franklin
replied. In the Colonies we issue our own money. It is called Colonial Scrip.
We issue it in proper proportion to make the products pass easily from the producers
to the consumers. In this manner, creating ourselves our own paper money, we control
its purchasing power, and we have no interest to pay to no one.
English bankers, being informed of that, had a law passed by the British Parliament
prohibiting the Colonies from issuing their own money, and ordering them to use
only the gold or silver debt-money that was provided in insufficient quantity
by the English bankers. The circulating medium of exchange was thus reduced by
In one year, Franklin stated, the conditions
were so reversed that the era of prosperity ended, and a depression set in, to
such an extent that the streets of the Colonies were filled with unemployed.
Then the Revolutionary War was launched against England, and was followed
by the Declaration of Independence in 1776. History textbooks erroneously teach
that it was the tax on tea that triggered the American Revolution. But Franklin
The Colonies would gladly have borne the little
tax on tea and other matters, had it not been the poverty caused by the bad influence
of the English bankers on the Parliament: which has caused in the Colonies hatred
of England, and the Revolutionary War.
The Founding Fathers of
the United States, bearing all these facts in mind, and to protect themselves
against the exploitation of the International Bankers, took good care to expressly
declare, in the American Constitution, signed at Philadelphia, in 1787,
1, Section 8, paragraph 5:
Congress shall have the power to coin money
and to regulate the value thereof.
The bank of the bankers
But the bankers did
not give up. Their agent, Alexander Hamilton, was named Secretary of Treasury
in George Washington's cabinet, and advocated the establishment of a federal bank
to be owned by private interests, and the creation of debt-money with false arguments
like: A national debt, if it is not excessive, will be to us a national
blessing... The wisdom of the Government will be shown in never trusting itself
with the use of so seducing and dangerous an expedient as issuing its own money.
Hamilton also made them believe that only the debt-money issued by private banks
would be accepted in dealing abroad.
Thomas Jefferson, the Secretary
of State, was strongly opposed to that project, but President Washington was finally
won over by Hamilton's arguments. A federal bank was thus created in 1791, the
Bank of the United States, with a 20 years' charter.
it was termed Bank of the United States, it was actually the bank
of the bankers, since it was not owned by the nation, but by individuals
holding the bank's stocks, the private bankers.
This name of Bank of
the United States was purposely chosen to deceive the American population
and to make them believe that they were the owners of the bank, which was not
the case. The charter for the Bank of the United States ran out in 1811, and Congress
voted against its renewal, thanks to the influence of Thomas Jefferson and Andrew
If Congress, Jackson
said, has a right under the Constitution to issue paper money, it was given
them to use by themselves, not to be delegated to individuals or corporations.
Thus ended the history of the first Bank of the United States. But the bankers
did not play their last card.
The bankers launch the war
Nathan Rothschild, of the Bank of England, issued an ultimatum: Either the
application for the renewal of the charter is granted, or the United States will
find itself involved in a most disastrous war. Jackson and the American
patriots did not believe the power of the international moneylenders could extend
so far. You are a den of thieves-vipers, Jackson told them. I
intend to rout you out, and by the Eternal God, I will rout you out! Nathan
Rothschild issued orders: Teach these impudent Americans a lesson. Bring
them back to Colonial status.
The British Government launched the
War of 1812 against the United States. Rothschild's plan was to impoverish the
United States through this war to such an extent that the legislators would have
to seek financial aid... which, of course, would be forthcoming only in return
for the renewal of the charter for the Bank of the United States. Thousands were
killed, but what does that matter to Rothschild? He had achieved his objective;
the U.S. Congress granted the renewal of the Charter in 1816.
Lincoln is assassinated
Abraham Lincoln was elected President of
the United States in 1860, under the promise of abolishing the slavery of the
blacks. Eleven southern States, favourable to the human slavery of the black race,
then decided to secede from the Union, to withdraw from the United States of America:
that was the beginning of the Civil War (18611865).
Lincoln, being short
of money to finance the North's war effort, went to the bankers of New York, who
agreed to lend him money at interest rates varying from 24 to 36 percent. Lincoln
refused, knowing perfectly well that this was usury and that it would lead the
United States to ruin. But his money problem was still not settled!
friend in Chicago, Colonel Dick Taylor, came to his rescue and put the solution
Just get Congress to pass a bill authorizing the printing of
full legal tender treasury notes, and pay your soldiers with them, and go ahead
and win your war with them also.
This is what Lincoln did, and
he won the war: between 1862 and 1863, in full conformity with the provisions
of the U.S. Constitution, Lincoln caused $450 million of debt-free Greenbacks
to be issued, to conduct the Civil War. (These Treasury notes were called Greenbacks
by the people because they were printed with green ink on the back.)
called these Greenbacks the greatest blessing the American people have ever
had. A blessing for all, except for the bankers, since it was putting an
end to their racket, to the stealing of the nation's credit and issuing interest-bearing
money. So they did everything possible to destroy these Greenbacks and sabotage
Lincoln's work. Lord Goschen, spokesman of the Financiers, wrote in the London
Times (Quote taken from "Who Rules America," by C. K. Howe, and
reproduced in "Lincoln Money Martyred," by Dr. R. E. Search):
this mischievous financial policy, which has its origin in North America, shall
become indurated down to a fixture, then that Government will furnish its own
money without cost. It will pay off debts and be without a debt. It will have
all the money necessary to carry on its commerce. It will become prosperous without
precedent in the history of the world. That Government must be destroyed, or it
will destroy every monarchy on the globe. (The monarchy of the money lenders.)
First, in order to cast discredit on the Greenbacks, the bankers persuaded
Congress to vote, in February of 1862, the Exception Clause, which
said that the Greenbacks could not be used to pay the interest on the national
debt, nor to pay taxes, excises, or import duties.
Then, in 1863, having financed
the election of enough Senators and Representatives, the bankers got the Congress
to revoke the Greenback Law in 1863, and enact in its place the National Banking
Act. (Money was then to be issued interest-bearing by privately-owned banks.)
This Act also provided that the Greenbacks should be retired from circulation
as soon as they came back to the Treasury in payment of taxes. Lincoln heatedly
protested, but his most urgent objective was to win the war and save the Union,
which obliged him to put off till after the war the veto he was planning against
this Act and the action he was to take against the bankers. Lincoln nevertheless
I have two great enemies, the Southern army in front
of me and the bankers in the rear. And of the two, the bankers are my greatest
Lincoln was re-elected President in 1864, and he made it quite
clear that he would attack the power of the bankers, once the war was over. The
war ended on April 9, 1865, but Lincoln was assassinated five days later, on April
14. A tremendous restriction of credit followed, organized by the banks: the currency
in circulation in the country, which was, in 1866, $1,907 million, representing
$50.46 for each American citizen, had been reduced to $605 million in 1876, representing
$14.60 per capita. The result: in ten years, 56,446 business failures, representing
a loss of $2 billion. And as if this was not enough, the bankers reduced the per
capita currency in circulation to $6.67 in 1887!
Bryan: The banks ought to get out
Lincoln's example nevertheless
remained in several minds, as far along as 1896. That year, the Presidential candidate
for the Democrats was William Jennings Bryan, and once again, history textbooks
tell us that it was a good thing that he did not succeed in his bid for the Presidency,
since he was against the bankers' sound money, the money issued as
a debt, and against the gold standard. Bryan said:
We say in our
platform that we believe that the right to coin and issue money is a function
of Government. We believe it. Those who are opposed to it tell us that the issue
of paper money is a function of the bank, and that the Government ought to get
out of the banking business. I tell them that the issue of money is a function
of Government, and that the banks ought to get out of the Government business...
When we have restored the money of the Constitution, all other necessary reforms
will be possible, but until this is done, there is no other reform that can be
The Fed: The most gigantic trust
Charles A. Lindbergh
on December 23, 1913, the U.S. Congress voted in the Federal Reserve Act, which
took away from Congress the power to create money, and which handed over this
power to the Federal Reserve Corporation.
One of the rare Congressmen who
had understood all the issue at stake in this Act, Representative Charles A. Lindbergh
Sr. (Rep-Minnesota), father of the famous aviator, said:
This Act establishes
the most gigantic trust on earth. When the President (Wilson) signs this bill,
the invisible government of the Monetary Power will be legalized... The worst
legislative crime of the ages is perpetrated by this banking and currency bill.
The education of the people
What allowed the bankers to finally
obtain the complete monopoly of the control of credit in the United States? The
ignorance among the population of the money question.
Adams wrote to Thomas Jefferson, in 1787:
All the perplexities,
confusion and distress in America arise, not from defects in the Constitution,
not from want of honor or virtue, so much as downright ignorance of the nature
of coin, credit, and circulation.
Lincoln's Secretary of Treasury,
Salmon P. Chase, stated publicly, shortly after the passage of the National
Banking Act, in 1863:
My agency in promoting the passage of the National
Banking Act was the greatest financial mistake of my life. It has built up a monopoly
which affects every interest in the country. It should be repealed, but before
that can be accomplished, the people will be arrayed on one side, and the banks
on the other, in a contest such as we have never seen before in this country.
Automobile manufacturer Henry Ford said:
If the people
of the nation understood our banking and monetary system, I believe there would
be a revolution before tomorrow morning.
The education of the people,
that's the solution! It is precisely the method to build a force in the people
through education, so that the sovereign government of each nation will have the
courage to stand up to the bankers and issue its own money, as President Lincoln
did. If only all those in favour of an honest money system understood their responsibilities
for spreading the word.
As Louis Even wrote in 1960:
obstacle is neither the financier, nor the politician, nor any avowed enemy. The
obstacle lies in the passivity of too many Social Crediters who hope for the coming
of the triumph of the Cause, but who leave it up to others to promote it.
In short, it is our refusal to take on our responsibilities that delays the
implementation of Social Credit, of an honest money system. Much will be
asked of the man to whom much has been given (Luke 12:48).
consciences, dear Social Crediters; personal conversion, one more go, and let
us take on our responsibilities: the victory has never been so close! Our responsibility
is to make Social Credit known to others.