Fractional Banking is a Ponzi scheme whereby a nations economy is expanded by borrowing debt from a foreign and domestic hidden group identified as the Federal Reserve to deceive the American Public into thinking it was a Government Institution. This group has an unknown private agenda and is funded by the interest payments of all nations deceived into being part of this scheme.
Lincoln was arguably our greatest president. To save the “Union” In 1862 and 1863 he printed 400,000,000 dollars in interest free “Greenbacks” almost to the end of the War. Congress refused to allow him to print more Greenbacks to win the war and he was forced to borrow from the Money Changers (Bankers). Lincoln intended to change the nations monetary system back to Greenbacks after the Election of 1865. The Bankers assassinated Lincoln under the guise of the Slavery and Southern issue fourteen (14) days after his reelection.
An 1865 editorial in the London Times revealed :
“If this mischievous financial policy which had its origin in North America shall become a fixture that government would furnish its own money without cost. It would pay off debts and be without debt, it would have all the money necessary to carry on its commerce. It would become prosperous without precedent in the history of the world. That country must be destroyed or it will destroy.”
Abraham Lincoln’s Monetary Policy,
1865 (Page 91 of Senate document 23.)
Money is the creature of law and the creation of the original issue of money should be
maintained as the exclusive monopoly of national Government.
Money possesses no value to the State other than that given to it by circulation.
Capital has its proper place and is entitled to every protection. The wages of men should be
recognized in the structure of and in the social order as more important than the wages of money.
No duty is more imperative for the Government than the duty it owes the People to furnish
them with a sound and uniform currency, and of regulating the circulation of the
medium of exchange so that labor will be protected from a vicious currency, and
commerce will be facilitated by cheap and safe exchanges.
The available supply of Gold and Silver being wholly inadequate to permit the issuance of
coins of intrinsic value or paper currency convertible into coin in the volume
required to serve the needs of the People, some other basis for the issue of
currency must be developed, and some means other than that of convertibility
into coin must be developed to prevent undue fluctuation in the value of paper
currency or any other substitute for money of intrinsic value that may come into
The monetary needs of increasing numbers of People advancing towards higher standards of
living can and should be met by the Government. Such needs can be served by the
issue of National Currency and Credit through the operation of a National
Banking system .The circulation of a medium of exchange issued and backed by the
Government can be properly regulated and redundancy of issue avoided by
withdrawing from circulation such amounts as may be necessary by Taxation,
Redeposit, and otherwise. Government has the power to regulate the currency and
credit of the Nation.
Government should stand behind its currency and credit and the Bank deposits of the Nation.
No individual should suffer a loss of money through depreciation or inflated
currency or Bank bankruptcy.
Government possessing the power to create and issue currency and credits money and
enjoying the right to withdraw both currency and credit from circulation by
Taxation and otherwise need not and should not borrow capital at interest as a
means of financing Governmental work and public enterprise. 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 the
consumers. The privilege of creating and issuing money is not only the supreme
prerogative of Government, but it is the Governments greatest creative
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 enterprise, 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 master and
become the servant of humanity. Democracy will rise superior to the money power.