Out Of Debt, Out Of Danger: Proposals For War Finance

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Audit and abolition of the U.S. privately-owned Federal Reserve banking monopoly. VOORHIS, Jerry; Preface to 1991 Reprint by PIPER, Michael Collins. "Money creation," according to Voorhis, "is the greatest economic power known to man. That power ought always to be exercised in the interest of all the people, never for the sake of private gain or a privileged few. "The banks--commercial banks and the Federal Reserve--create all the money of this nation, and the nation and its people pay interest on every dollar of that newly created money. "This means that private banks exercise un-Constitutionally, immorally and ridiculously the power to tax the people. For every newly created dollar dilutes to some extent the value of every other dollar already in circulation." FOREWORD. PUBLISHER'S PREFACE TO 1991 REPRINT. INTRODUCTION: SOONER THAN YOU THINK TOMORROW COMES. Part One. The Great Debate. FROM JEFFERSON AND HAMILTON TO FRANKLIN D. ROOSEVELT. 1. AMERICA ACQUIRES A NATIONAL DEBT. 2. THE NATIONAL DEBT FROM HAMILTON TO LINCOLN. 3. THE NATIONAL DEBT FROM LINCOLN TO FRANKLIN D. ROOSEVELT. Part Two. Something New in American Experience. 4. NEW WINE IN OLD BOTTLES. 5. TOTAL WAR AND AN "ECONOMY OF THINGS AND MEN". Part Three. "The Art and Mystery of Banks" and the Constitution. 6. "CONGRESS SHALL COIN MONEY AND REGULATE THE VALUE THEREOF". 7. TWENTY-TWO BILLION DOLLARS! 8. THE TRAGIC RECORD OF "SOUND MONEY". Part Four. Constructive Financial Proposals for Warfare and Welfare. 9. DOLLAR FOR DOLLAR. 10. THE FEDERAL RESERVE BANKS AND THE CREDIT OF THE UNITED STATES. 11. "TO PROVIDE FOR THE COMMON DEFENSE". 12. "TO PROMOTE THE GENERAL WELFARE". CONCLUSION: THE ECONOMICS OF A FREE WORLD. APPENDICES. APPENDIX I. APPENDIX II. APPENDIX III. CHARTS. SOURCES OF AMERICA'S MONEY TODAY. SOURCES OF AMERICA'S MONEY UNDER SCIENTIFIC SYSTEM.