Is This Why America Aided Her Communist Enemies To Destroy Rhodesia?

Editor’s Comment: Does this article explain why, at the height of the Cold War and Vietnam War against Communist forces in Russia and China, the American government abandoned an anti-Communist ally? Why did Henry Kissinger’s special visit to South Africa result in Vorster betraying us? Why was America playing both sides of the war on Communist International? Why did ‘black’ liberation from ‘evil-whitey’ result in Zimbabwe, a corrupt pitiful colony of the Asians of Communist China?

Congressman Louis Thomas McFadden vs. the Federal Reserve System

by John Wear

Most Americans have never heard of former U.S. Congressman Louis Thomas McFadden. This is unfortunate, because McFadden was one of the most courageous and honorable congressmen in American history. This article documents McFadden’s efforts to expose the unconstitutional and corrupt nature of the U.S. Federal Reserve System.

McFadden’s Early Life

Louis McFadden was born in Troy, Bradford County, Pennsylvania in 1876. In addition to attending public schools and a commercial college, at age 16 he was employed as an office boy at the First National Bank in Canton, Pennsylvania. McFadden became a cashier seven years later, and in 1916 he became president of the bank. He married Helen Westgate in 1898, by whom he had two sons and a daughter.[1]

      McFadden began his political career in 1914 when he was elected to Congress as the Republican representative from the 15th district of Pennsylvania. He was appointed chairman of the influential House Committee on Banking and Currency in 1920. McFadden held this position until 1931.[2]        

      McFadden came to view the U.S. Federal Reserve System as a corrupt and evil organization, and he began to courageously challenge its operation. In 1922, for example, McFadden charged that the American Acceptance Council was exercising undue influence on the Federal Reserve Board and called for a Congressional investigation. Congress, however, was not interested in conducting an investigation.[3]

      McFadden realized that under the Federal Reserve System, the American dollar is created out of nothing and is based on debt. The nation’s entire money supply would vanish if all debts were repaid. Charging interest on pretended loans is usury, and this practice became institutionalized under the Federal Reserve System.[4]

      To further understand why McFadden was convinced the Federal Reserve was inimical to the interests of the American people, it is necessary to examine how the Federal Reserve was created.        

Federal Reserve Creation

The FederalReserve System was founded by deception. On the night of November 22, 1910, a delegation of America’s leading financiers left the railway station at Hoboken, New Jersey on a secret mission. The delegation left in a sealed railway car, with blinds drawn, to Jekyll Island, Georgia. The delegates included Senator Nelson Aldrich, Arthur Shelton, A. Piatt Andrew, and bankers Frank Vanderlip, Henry P. Davison and Charles D. Norton. Joining the group just before the train left the station were Benjamin Strong and Paul Warburg.[5]

      This group went to Jekyll Island to write banking and currency legislation which the congressionally-appointed National Monetary Commission had authorized them to prepare. At stake was the control of the money and credit of the United States. Since Paul Warburg was the most technically-informed of the bankers, he did most of the drafting of the plan. Nelson Aldrich made sure the plan was drafted in a manner that could be passed by Congress. The group’s secret purpose was to ensure that the New York bankers obtained control over the nation’s money supply.[6]

      The Jekyll Island group worked steadily for nine days to complete their assignment. Paul Warburg informed his colleagues that his main concern was to avoid the name “Central Bank.” Therefore, the group used the designation “Federal Reserve System” to allay suspicion that the new banking bill was a central bank plan. However, the Federal Reserve System functioned as a central bank because it fulfilled the three main functions of that tradition: 1) it would be owned by private individuals who would draw profit from ownership of shares and control the nation’s issuance of money; 2) it would have at its command the nation’s entire financial resources; and 3) it would be able to mobilize credit and mortgage the United States by involving the nation in foreign wars.[7]

      The next deception was to conceal the fact that the proposed Federal Reserve System would be controlled out of New York. Paul Warburg accomplished this deception by creating the regional reserve system of four (later passed as 12) branch banks located in different sections of the country. The regional reserve system was farcical because the regional banks were all dependent on the amount of money and credit available to them from New York.[8]    

      The legislation drafted by the Jekyll Island group excluded congressional control over the administration of the Federal Reserve by making its officials entirely appointed officers. This made the legislation unconstitutional from its inception, since Congress is expressly charged in the Constitution with the issuance of money. Article 1, Section 8, Paragraph 5 of the U.S. Constitution states: “Congress shall have the power to coin money and regulate the value thereof; and of foreign coin.” The creation of the Federal Reserve System meant that Congress would lose its sovereignty, and that the system of checks and balances set up by the Constitution would be destroyed.[9]

      The delegation returned to New York with a completed financial plan that was presented to Congress as “The Aldrich Plan.” The most important feature which Paul Warburg had successfully gotten into the plan was a uniform discount rate to be imposed on all the banks of the United States. This was the method used by the big European central banks that Warburg understood so well. A discount rate imposed by the Federal Reserve System on the entire nation meant that it had the power to make money shortages and panics a truly nationwide condition.[10]  

      The Federal Reserve Act was passed by Congress and signed into law by President Woodrow Wilson on December 23, 1913, drawing praise from its designers. Senator Aldrich boasted in the July 1914 issue of a magazine called The Independent: “Before the passage of this Act, the New York bankers could only dominate the reserves of New York. Now we are able to dominate the bank reserves of the entire country.”[11] The Federal Reserve System also provided the means by which the U.S. government and banking institutions could fund and promote wars.[12]

McFadden Fights the Fed   

McFadden conducted a lonely crusade against the Federal Reserve System. On January 13, 1932, McFadden made a speech introducing a resolution to indict the Federal Reserve Board of Governors for criminal conspiracy:

      Whereas I charge them, jointly and severally, with the crime of having treasonably conspired and acted against the peace and security of the United States and having treasonably conspired to destroy constitutional government in the United States. Resolved, that the Committee on the Judiciary is authorized and directed as a whole or by subcommittee to investigate the official conduct of the Federal Reserve Board and agents to determine whether, in the opinion of the said committee, they have been guilty of any high crime or misdemeanor which in the contemplation of the Constitution requires the interposition of the Constitutional powers of the House.[13]

Congress took no action on this resolution. McFadden addressed the House of Representatives on June 10, 1932:

      Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.

      Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into States to buy votes to control our legislation; and there are those who maintain an international propaganda for the purpose of deceiving us and of wheedling us into the granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime…[14]

      McFadden then went on to explain how the Federal Reserve was committing one of the greatest crimes in history against the American people:

      The people of the United States are being greatly wronged. If they are not, then I do not know what “wronging the people” means. They have been driven from their employments. They have been disposed of their homes. They have been evicted from their rented quarters. They have lost their children. They have been left to suffer and to die for the lack of shelter, food, clothing, and medicine.

      The wealth of the United States and the working capital of the United States has been taken away from them and has either been locked in the vaults of certain banks and great corporations or exported to foreign countries for the benefit of the foreign customers of those banks and corporations. So far as the people of the United States are concerned, the cupboard is bare. It is true that warehouses and the coal yards and grain elevators are full, but the warehouses and coal yards and grain elevators are padlocked and the great banks and corporations hold the keys. The sack of the United States by the Federal Reserve Board and the Federal reserve banks and their confederates is the greatest crime in history.[15]

      On December 13, 1932, McFadden introduced a motion to impeach President Herbert Hoover. This resolution failed, with only five congressmen supporting McFadden on his initiative. The Republican majority leader of the House of Representatives said, “Louis T. McFadden is now politically dead.”[16]

      On May 23, 1933, McFadden introduced Articles of Impeachment against the secretary of the Treasury, two assistant secretaries of the Treasury, the Federal Reserve Board of Governors, and officers and directors of the Federal Reserve banks for their guilt in causing the Great Depression. This resolution never reached the floor. A whispering campaign swept Washington that McFadden was insane. In the 1934 congressional elections, McFadden was overwhelmingly defeated with the help of large amounts of money given to his opponent in his home district of Canton, Pennsylvania.[17] 

McFadden’s Final Demise

Ina speechto Congress on May 29, 1933, Louis McFadden alleged Jewish control of the U.S. financial system. McFadden asked: “Is it not true that, in the United States today, the ‘gentiles’ have the slips of paper while the Jews have the gold and lawful money?” McFadden even quoted Zionist Protocol XXII: “We [Jews] hold in our hands the greatest modern power—gold; in two days we could free it from our treasuries in any desired quantities.” McFadden demanded that the gold stock of the United States be taken from the Federal Reserve banks and placed in the United States Treasury. He also demanded an audit of United States government financial affairs from top to bottom.[18]

       In a speech to Congress on June 15, 1933, McFadden said that staggering amounts of American money had been taken from the United States Treasury for the benefit of Soviet Russia. McFadden said that acting through the Chase Bank, the Guaranty Trust Co. and other banks in New York City, the Federal Reserve Board and Federal Reserve banks had given these United States Treasury funds to the new Soviet government. He explained that Soviet Russia owed the United States a large sum of money. McFadden said that if the U.S. Treasury had what Soviet Russia owed us, American veterans would not need to fear the planned despoiling of their pension rights and privileges on July 1, 1933.[19]

The new Soviet Russia: A 1920’s poster depicts the sacrifice of Russia to a Marxist International.

      On January 24, 1934, McFadden told Congress that the newly enacted Roosevelt gold bill was unconstitutional on its face because it sought to nullify the Constitution. McFadden said concerning this bill:

“It attempts to legalize robbery. It attempts by force to deprive the people of the United States of their right to the currency of the Constitution. It gives the international bankers power to send the gold belonging to the people of the United States to a place of deposit reserved to themselves in Europe. Mr. Chairman, the gold bill cannot become a valid law by any constitutional means.”[20]

The Bank rollers of the Revolution and new Soviet government were not Russian.

      McFadden also documented the Jewish domination of Soviet communism. In a speech to Congress on June 15, 1934, McFadden said that the Soviet government in 1917 was composed of 565 persons as follows: 32 Russians, two Poles, one Czech, 34 Letts, three Finns, 10 Armenians, three Georgians, one Hungarian, 10 Germans, and 469 Jews. McFadden said that the Jews in the Russian government did not represent the thoughts and ideals of the 150 million Russian citizens. Instead, he described Jews in the Soviet government as aliens and usurpers who were not concerned with the welfare of the Russian people.[21] 

      McFadden remained in the public eye as a vigorous opponent of the financial system after losing his congressional seat. Unfortunately, McFadden’s enemies in high places made several attempts on his life. The first attack came when McFadden was shot at as he was leaving a cab in front of a Washington hotel. The next attempt on McFadden’s life came in the form of poison in his food at a political banquet in Washington, D.C. McFadden’s life was saved by a doctor who quickly and successfully had his stomach pumped.[22]

      Unfortunately, the third attempt on McFadden’s life was successful. After attending a banquet in New York City, McFadden died suddenly at age 60 under very suspicious circumstances from a “dose” of “intestinal flu.”[23]

Conclusion 

  The details of Louis McFadden’s life and motivations have been largely obscured by history. However, McFadden obviously did not play the political game that has ruled American politics for generations. He courageously challenged the unconstitutional and evil U.S. Federal Reserve System, and acted in the American public’s best interest by exposing corruption in our government. Because of his courage in exposing corruption, McFadden was quickly taken out of the picture, both contemporarily and historically.[24]         

A version of this article was originally published in the March/April 2020 issue of The Barnes Review.     

Endnotes


[1] Fighting the Federal Reserve: The Controversial Life and Works of Congressman Louis Thomas McFadden: New Brunswick, N.J.: Global Communications, 2011, p. lvii.

[2] Ibid.

[3] Mullins, Eustace, The Secrets of the Federal Reserve: The London Connection, Carson City, Nev.: Bridger House Publishers, Inc., 1991, pp. 127-128.

[4] Griffin, G. Edward, The Creature from Jekyll Island: A Second Look at the Federal Reserve, 5th edition, Westlake Village, Cal.: American Media, 2010, p. 207.

[5] Mullins, Eustace, The Secrets of the Federal Reserve: The London Connection, Carson City, Nev.: Bridger House Publishers, Inc., 1991, p. 1. 

[6] Mullins, Eustace, A Study of the Federal Reserve and Its Secrets, Memphis, Tenn.: Bottom of the Hill Publishing, 2012, pp. 7, 11-12.

[7] Ibid., pp. 12-13.

[8] Ibid., pp. 13-14.

[9] Ibid., p. 14.

[10] Ibid., pp. 15-16.

[11] Griffin, G. Edward, The Creature from Jekyll Island: A Second Look at the Federal Reserve, 5th edition, Westlake Village, Cal.: American Media, 2010, p. 20.

[12] Ibid., pp. 285-306, 588.

[13] Mullins, Eustace, The Secrets of the Federal Reserve: The London Connection, Carson City, Nev.: Bridger House Publishers, Inc., 1991, p. 154. See also Fighting the Federal Reserve: The Controversial Life and Works of Congressman Louis Thomas McFadden: New Brunswick, N.J.: Global Communications, 2011, p. x.

[14] U.S. Congressional Record, June 10, 1932, pp. 12595-12596.

[15] Ibid, p. 12603.

[16] Mullins, Eustace, The Secrets of the Federal Reserve: The London Connection, Carson City, Nev.: Bridger House Publishers, Inc., 1991, p. 154.

[17] Ibid.

[18] Fighting the Federal Reserve: The Controversial Life and Works of Congressman Louis Thomas McFadden: New Brunswick, N.J.: Global Communications, 2011, pp. 387-388.

[19] Ibid., pp. 397-399.

[20] Ibid., pp. 401-402.

[21] Ibid., pp. 511-512.

[22] Ibid., p. xi.

[23] Ibid. See also Brown, Ellen, Web of Debt: The Shocking Truth about Our Money and How We Can Break Free, Baton Rouge, La.: Third Millennium Press, 2012, p. 158.

[24] Ibid., p. xi.

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3 Responses

  1. Linde says:

    Against the permanent , world-wide Revolution of the Fourth ComIntern ( 1938 – ) , the Rhodesians fought their war of independence against the armed aggression of the Hammer – namely the Gook armies or cadres of whatever class, race, ethnic, gender liberation front the Communist Revolution deploys from the Eastern Bloc. Through that war, the Rhodesian Front showed to the entire Western world what a restored Westminster system of law and government looked like and how it operated. The democratic , electoral process set out in the Rhodesian Constitution was adopted by Constitutional Referendum and ratified by the referendum of the Rhodesian population conducted by the UK. The Bank of the Rhodesian republic was independent of the Money Pyramid of central banks like the US Federal Reserve and issued the Rhodesian dollar with a value calculated on the actual product of their first world economy.

    The Owners of the World Money Pyramid simply could not and can never have nation like Rhodesia in the UN because they don’t own it as a corporate asset of their cartel. The Eastern and Western Blocs are one hegemon of the Judaic Supremacy, just as The Owners of the World Money Pyramid and the Communist Revolution are one and the same. For the purpose of integrating all nations into their world soviet, The Owners deploy the Revolution with the object of stamping out newly minted republics that will become corporate assets of their Money Trust ( its pyramid of reserve banks) and so qualify to be seated in the UN as a member nation state.

    Thus, they deployed the Revolution against the tribal mosaic of Africa, stripped of its colonial governments / protections in order to create an entire continent of these newly minted republics. And in this adventure, they came up against Rhodesia which stood for everything they are attempting to eradicate from the life of nations they own.

    De facto – Rhodesia which drew the sword against the armed aggression of the Communist Revolution is the leader of the free Western world. And militarily and politically Rhodesia won against the Hammer of the Revolution. The J-stream yadda yadda about the US government (a ZOG since 1913) being the leader of the free world always was the nonsense it is now demonstrated to be. As part of the Sickle Power of the Revolution, the US government was presented to the minions as leader of the free world. This is not deny that the US government did from time to time actually perform in this role, but this was when the anti-Communist American nationalists were making gains against the ongoing war of subversion being conducted by the Revolution against the US government at all levels . Great American leaders like McFadden rose to the occasion for the principles of the American founding and the republic. But in the US, the power of the Ring could not be undone.

    And nowhere is this historical fact more clearly demonstrated than in the US foreign policy against Rhodesia

    Since, 1913 there was always this strong element of the Revolutionary Assets working within the government – suppressing the 1790 First Act American resistance, betraying the patriots of the nation at home and the allies of the nation abroad and advancing the Agendas of the Judaic Imperium which today is called the New World Order and its Fourth Political Agenda of the Eurasian empire. In the 1950s, another great American leader, Senator Joseph McCarthy documented that the US State Dept. was wall-to-wall Communist (Jews). https://alor.org/Storage/Library/PDF/McCarthy%20J%20-%20Treason_In_Washington_Exposed.pdf
    After the Deep State coup which saw the assassination of JFK in 1963, the Revolutionary Assets of the government while still covert made a tremendous gain in power. They had the executive branch of the US Congress and both Houses.

    The US, UK and Western European governments were all assets of the Money Pyramid from the beginning of the 20th century. The Western ZOGs were owned by the cartel from the beginning of the 20th century and the US ZOG built the Soviet empire. The Rockefeller munitions factories pumping out the military hardware for the armed aggression of the Revolution were all built in the great labour collectives of the East. The best of American technology was looted by the assets of the Revolution and given to the USSR via Soviet Israel. The UK was owned from the time of the Bank of England 1694.

    The electoral charades of the Western ZOGs are never going to deliver an anti-communist majority that will overturn the steady subversion of Communism at all levels of government because the Bank which owns the government owns the electoral process. There can be no victory for these nations against Judeo-Communism and its Revolution through any democratic process. These nations , in terms of their foreign policies , operated / operate as the Sickle Power of the Revolution – working with the UN to manage the finance and real politik of the Revolution. And their foreign policies capitulated nations like Eastern Europe, Rhodesia and South Africa to Communism.

    The Federal Reserve Act 1913 is the context of John Wears excellent essay on McFadden – one of our great anti-Revolutionary heroes – he opposed the Fed and even got that monstrousity audited. He got into the Congressional Record that the Fed had helped to build a subverted and counter US government. This began with the Act of 1871 , 41st Congress of the United States which enacted a new constitution as a legal standard of abrogation to the original Constitution for the United States of the American founding. The new constitution is the United States Code Title 28 3002 (15) (A) (B) THE UNITED STATES, A FEDERAL CORPORATION. Feb. 21, 1871. Acts 41st Congress, Section 34, Session III.

    The Federal Reserve Act 1913 which nullifies the role of the US Dept of the Treasury in the original Constitution for the United States was structured under the USC. This is what World Banker , Karen Eudes means when she says “In the US there are two constitutions.”

  2. WakeyWakey says:

    This is such an important educative article. The information therein has been withheld from the public but worse, withheld from those studying at universities in economics etc.

    Why author John Wear’s information matters is the consequences resulting from the U.S. Congress not supporting McFadden has since been experienced throughout the world:

    “World events do not occur by accident. They are made to happen, whether it is to do with national issues or commerce; most of them are staged and managed by those who hold the purse string.” (Denis Healey, former British Secretary of Defense.)

    Who knows what a vastly different world it would be if these banker Parasites had been stopped.

    “The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences… The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations..”

    — Prof. Carroll Quigley, “Tragedy and Hope”, 1966, pg 324

    Unfortunately for humanity, such power have these parasitic bankers (and their politician/health whores and eunuchs) of the Pathocracy now that, after the Great Reset, will come the Great Culling of the ‘Useless Eaters’. That’s us folks, starting with the elderly. Oh wait, ‘covid’ killed all those old folks in the nursing homes….. Nothing to see here!

  3. WakeyWakey says:

    Author John Wear’s article included Senator Nelson Aldrich. He was a Rockefeller.

    M.S. King’s “The Real History Channel” has a good article on three heirs of the Rockefeller Family who have put together an initiative to have wealthy families essentially boycott banks that lend money for the development of fossil fuels (link below). This is to provide irresistible pressure to shut down the world. This will complete the banker Parasites’ conspiracy agenda to de-industrialise the whole West as they create a feudalist world order hell realm (4th ComIntern).

    The grossly evil and powerful David Rockefeller (who controlled the U.S. government) may now at last be dead but as M.S. King puts it, the Rockefellers ‘are a self-perpetuating plague upon humanity’:

    “We should also mention that the Family had a hand in setting up the Federal Reserve System — through their trusted agent, Senator Nelson Aldrich, who was the maternal-side grandfather of the five sons of John Rockefeller Jr.” M.S. King
    https://www.realhistorychan.com/anyt-10132020–rockefellers.html

    It was M.S. King’s introductory book “THE BAD WAR” (which refers to WWII and the largely fictional narrative we’ve been fed about it) that lead me to research John Wear’s more scholarly book on it “Germany’s War” (John Wear now provides it online for free, having sold out the physical book). M.S. King’s book can be bought as a pdf online from his website for a small fee.

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