Paul & Lorraine Walter re-examine a 100-year old book (The Coming Battle: A Complete History of the National Banking Money Power in the United States) warning the U.S. of the consequences of adopting the Federal Reserve systems.
The book’s warnings have proven prophetic and provide insight as to the truth and falsehood of what Americans are being told today.
Excerpt from The Coming Battle: A Complete History of the National Banking Money Power in the United States
In this volume the author endeavors to give an accurate history of the present National Bank System of currency, including an account of the first United States Bank, – both of which were borrowed from Great Britain by those statesmen who, like the father of Sir Robert Peel, believed that a national debt was the source of prosperity.
It is believed that the facts adduced in the following pages will be productive of some good, in pointing out the immense evils lurking in that system of banking, – a system which has produced panics at will, and which is the active abettor of the stock gamblers, rail road wreckers, and those industrial tyrants of modern times, the enormously overcapitalized and oppressive trusts.
It is sought to point out the great dangers of delegating purely government powers to these greedy monopolists, by which they are enabled to organize a money trust, far more tyrannical than all the other combinations now in existence; and by which they absolutely defy the authority that endowed them with corporate life.
About the Publisher
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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