Why do we need
?
FROM THE HORSE'S MOUTH OF OLDE
The bank hath benefit of interest on all monies that it creates
out of nothing.
~ William Paterson,
1694 Founder of the Bank of England
1694 Founder of the Bank of England
All of the perplexities, confusion, and distress in America
arises, not from the defects of the Constitution or
Confederation, not from the want of honor or virtue, so much as
from downright ignorance of the nature of coin, credit, and
circulation.
~ John Adams
Second President of the United States, 1797-1801
Second President of the United States, 1797-1801
I believe that banking institutions are more dangerous to our
liberties than standing armies. Already they have raised up a
money aristocracy that has set the government at defiance. The
issuing power should be taken from the banks, and restored to
the people to whom it properly belongs.
~ Thomas Jefferson
Third President of the United States, 1801-1809
Third President of the United States, 1801-1809
While boasting of our noble deeds were careful to conceal the
ugly fact that by an iniquitous money system we have
nationalized a system of oppression which, though more refined,
is not less cruel than the old system of chattel slavery.
~ Horace Greeley
Member of the United States House of Representatives, 1848-49
Founder of The New York Tribune
Member of the United States House of Representatives, 1848-49
Founder of The New York Tribune