THE NEW DEAL IN MONEY

Broadcast over National Radio Network during October-December 1933. It is interesting to note that in the Federal Reserve Act of 1913, that after all expenses were paid to the Fed. Bank and the 6% annual interest dividend paid to stockholders, that the remaining earnings would be split with the U.S. Government and the Fed. Bank. Then, in the Banking Act of 1933 the remaining earnings (after all claims were met)no longer were split with the U.S. Government but wholly deposited into the vaults and funds of the Fed Res. Bank, which pays no taxes on its investment, only on real estate. As early as the Civil War, the Rothschild’s banking practice of backing debts payable only in gold has crippled many a nation. Their demonetization of silver only further fueled their scheme for world domination. Much more…Imprimatur