Money History

The year 1914 has no precedent in Stock Exchange history. At the present time (1915), when the great events that have come to pass are still close to us, even their details are vivid in our minds and we need no one to rehearse them.

The Fatalism of Laissez Faire, its doom of successful employment.

The party system is an essential instrument of Democracy. Wherever government rests upon the popular will, there the party is the organ of expression and the agency of the ultimate power. The party is, moreover, a forerunner of Democracy, for parties have everywhere preceded free government. Long before Democracy as now understood was anywhere established, long before the American colonies became the United States, England was divided between Tory and Whig. And it was only after centuries of bitter political strife, during which a change of ministry would not infrequently be accompanied by bloodshed or voluntary exile, that England finally emerged with a government deriving its powers from the consent of the governed.

Written during the US War of Aggression and Occupation of the Southern States, the author predicted the harm of paper money, not backed by substance. His predictions have come true in the 1890s, 1900s, 1930s, and as late as 2008 when the paper money banksters almost crashed the financial system. Why O Why do the Illiterates of Congress allow this cycle to continue, and each time it bails out the same criminals that caused the bubble to almost burst. In the past 10 years the bubble has inflated 100 times its normal rate.... will we all have to suffer because of illiterate, greedy, politicians since the banksters want it all?

The American Dream has been lost. Lost mainly by the greed and envy and politicians responding to demands from those who want to live on the work of others.

THE CONNECTION OF THE CURRENCY WITH PRICES, AND THE EXPEDIENCY OF A SEPARATION OF ISSUE FROM BANKING. It was held by most writers of any authority on the subject of the Currency, till within the last few years, that the purposes of a mixed circulation of coin and paper were sufficiently answered, as long as the coin was perfect, and the paper constantly convertible into coin; and that the only evils to be guarded against by regulation, were those attending suspension of payment and insolvency of the banks, a large proportion of which blend an issue of promissory notes with their other business.

Congr. Lindbergh (father of famed aviator) pioneered in the investigation of the money trusts and in exposing the inherent evils of Federal Reserve Banks. In this rare reprint of his last published book, he outlines the plan for saving America from the clutches of the money interests.