A Prophetic History of the United States--1914 Supplement
Mar 22, 2006
I was originally going to move on to the year 1917 today, but a news event happened yesterday that changed things. I have written in the past about the Silver sign, in that the Medo-Persian empire was called "the arms of silver" in Daniel 2:32. Medo-Persia was the nation God used to overthrow Babylon, and I believe that this prophesied of events today. The two big signs to watch today are: Iran (Persia) and Silver.
Yesterday, the SEC ruled in favor of Barclay's silver trading fund, where big buyers can buy shares valued in terms of 10 ounces of silver each. However, they must purchase 50,000 shares in a "basket" so they obviously do not intend to do business with the little guys. Yet each purchase threatens to remove 500,000 ounces of silver from the market, and this is considered to be quite bullish for the price of silver. The spot price of silver rose about 18 cents yesterday to its highest level since 1983.
But what does this have to do with our current series? I thought it would be helpful if you knew a little about the banking wars against silver, particularly since the Civil War. The international bankers sought to demonetize silver in order to make Babylon's gold King. Why? Because they owned much of the gold, but had little silver. Thus, they wanted international payments to be in gold, rather than in silver, because then they could control the price of gold and control much of the international commerce of the world.
The United States had a lot of silver (money) in those days. The Constitution defined the American "dollar" as meaning one ounce of silver--i.e., a silver dollar. Today a paper "dollar" is worth less than 1/10 oz. of silver in spite of the manipulators who try to keep the price of silver low.
During the Civil War, President Lincoln issued constitutional money called "Greenbacks." Shortly after he did this, an editorial appeared in the London Times that commented on this. It read,
"If that mischievous financial policy, which had its origin in the North American Republic during the late war in that country, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off its debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe." (The Money Creators, Coogan, p. 217)
It is plain that the bankers' agents who wrote that editorial knew what they were talking about. The right to create money is the key issue of prosperity in the entire world, but national prosperity can be achieved only at the expense of the personal prosperity of certain banking families. Aw, shucks!
The first thing was to get rid of President Lincoln, but when he was elected to a second term, he had to be assassinated (1865). The next step was to demonetize silver. This was done in 1872 by fraudulent means.
"The act of demonetizing silver was entitled, 'An Act Revising and Amending the Law as Relative to the Mints, Assay Offices and Coinage of the United States.' This Bill was signed by President Grant, and eight months later, in a letter dated October 3, 1873, he admitted that he did not understand that the Bill he signed had demonetized silver. That Bill had been written in London under the direction of the private money power and a Mr. Ernest Seyd had been sent by them to the United States with $500,000 to aid him in accomplishing his purpose." (Coogan, p. 220)
Congressman Holman testified on July 13, 1876, that "the method of its passage through the House was a 'Colossal Swindle'."
When the Congressmen discussed the original Bill, it said one thing, but when it came time to pass it and sign it into law, they did not realize that it had been doctored to make it demonetize silver. This was the fraud, accomplished by Mr. Seyd with $500,000 of bribe money. Finally the people of Ohio demanded that this be corrected, and so on Dec. 6, 1877 the Bland Allison Act was introduced in the Senate and passed eight weeks later to buy silver bullion in exchange for two to four million "silver certificates" per month. This was how the government created real money.
This law lasted just 12 years when it was superceded by the Sherman Silver Bill of 1890. Although this allowed the government to create 4-1/2 million silver certificates per month, the hook was that the silver certificates could only be redeemed in gold! What? Silver certificates were only redeemable in gold??? That was so stupid that this Act was repealed in 1893. The American Bankers Association then issued a letter to their members saying,
"Dear Sir:--The interests of national banks require immediate financial legislation by Congress. Silver, silver certificates, and Treasury notes must be retired, and National Bank Notes upon a gold basis made the only money . . . You will at once retire one-third of your circulation (your paper money) and call in one-half of your loans. Be careful to make a monetary stringency among your patrons, especially among influential business men... Use personal influence with your Congressman and particularly let your wishes to be known to your senators."
In other words, they planned to create a monetary shortage with foreclosures in order to create a financial crisis and then present gold as the solution to this crisis. In 1891 they had already sent out a letter outlining the plan:
"On September 1, 1894 we will not renew our loans under any consideration. On September 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the great Mississippi as well, at our own price. . . We may as well own three-fourths of the farms of the West and the money of the country. Then the farmers will become tenants as in England." (Coogan, p. 232)
The Gold Standard Bill was finally passed on March 14, 1900. This then laid the foundation for the Federal Reserve Act of 1914, which put the people into bondage to their new International Banking masters--and to the Babylonian Head of Gold.
I believe that the government's great sell-off of silver after World War II was for two reasons: (1) It provided cheap silver for industrial use, benefiting the Silver Users Association, which has been manipulating prices ever since; and (2) it made it impossible for the government to ever use silver again in international trade--simply because the government no longer owned any appreciable amount of silver. By 1965 they were forced to remove most of the silver from coins and melt down as many old silver coins they could find. That extra silver lasted them until 1980 when prices hit $52/oz.
There is now five times as much gold as silver in the world today. Silver has become rare. And because it is used in industry, while gold is accumulated, I believe that silver will soon trump gold. The long-running battle between gold and silver, as waged by the international bankers (not your local banker) will be part of the overthrow of financial Babylon.
The bottom line is still the same: we get the kind of government that we deserve. We elect them. Most politicians get their start in local elections, where the people know them personally. If the people would elect only genuine Christians, we would not have this corruption today. We are being judged for our sins--and that divine judgment finally put us under Babylon. We are now the greatest debtor nation in history.
This is the sixth part of a series titled "A Prophetic History of the United States." To view all parts, click the link below.