John Dunn

John Dunn original writing
Book sales
Blog
Thought Pieces
Oxford to Cambridge
Archive
Links

Archive

History NOT according to Spielberg

Friday, 16 May 2014

Abraham Lincoln on Staff and Scrip, Dr John Dunn First posted Friday, 14 June 2013 at 10:03



Abraham Lincoln - a defiance for which he would pay dearly shortly after the war ended.











That slavery was not the cause of the American Civil War was clearly recognised with hindsight by Otto von Bismark, the Chancellor of the rising German state, a country still beyond Usura’a borders when Bismark wrote this in 1876.

The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe, these bankers were afraid that the United States if they remained as one block and as one nation, would attain economic and financial independence which would upset their financial domination over the world.

Of the usurocracy, Bismark wrote - they foresaw the tremendous booty if they could substitute two feeble democracies, indebted to the financiers, to the vigorous Republic, confident and self-providing. Therefore they started their emissaries in order to exploit the question of slavery and thus dig an abyss between the two parts of the Republic.
Lincoln stood no chance of obtaining war loans at realistic interest rates from the money lenders who wanted the Union to fail. The solution to the problem was the ‘greenback’, effectively the resurrection of colonial scrip. Upon taking action to print $450 million worth of greenbacks, Lincoln made this statement of defiance to the forces of Usura intent upon undermining the Union’s cause.
The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power.
It was a defiance for which he would pay dearly shortly after the war ended.

Responding to Lincoln’s action, the Usurocracy published its own manifesto of intent towards America in the London Times.
If 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 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. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe. Hazard Circular - London Times 1865.
Tzar Alexander II of Russia, who continued to fend off the forces of Usura,blocking their attempts to achieve a foothold in his own country, recognised a potential ally in America if only it could successfully resist the Usurocracy’s efforts to split the country. The Tsar declared that if France or Britain gave help to the South, Russia would consider this an act of war. In making this declaration of support for Lincoln’s opposition to Usura, he declared himself an enemy of the bankers too.

In1863, with victory in sight, Lincoln was desperate for more funds to complete his final push. Having ensured that Lincoln would get no further support from Congress for the issue of more greenbacks, the representatives of the usurocracy proposed the passing of the National Bank Act. The act went through. From this point on the entire US money supply would be created out of debt by bankers buying US government bonds and issuing them from reserves for bank notes.

Given Lincoln’s enthusiasm for the state issue of ‘all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers’, it is certain that he would have reversed the National Bank Act after gaining renewed public support in his re-election victory. That is, had he not been assassinated only 41 daysafter being re-elected. The National Bank Act was safe but, if Bismark was right, it had taken a highly mechanised and vicious war, with the resultant death of millions, to make it so.

John Dunn.







Next Item
Website design and CMS by WebGuild Media Ltd
This website ©2009-2024 John Dunn