Tag Archives: monetary history

#10: February 17, 1942 — “SALE AND MANUFACTURE OF WAR”

This challenge is a chance to— —about the sale and manufacture of war.  This war is part of a profit.  The present phase of that profit began at the end of the 17th Century.  By 1750 a corrupt and avaricious government in England, working for British monopolies, was shutting down on the Pennsylvania colony’s issue of money, paper money, money issued against land, work and the industrious and sane nature of the Pennsylvania colonists.

I have given between 70 and 100 talks on the radio and if I come back to the microphone 100 or 200 times more, I could start every talk with that statement.  Until you see this war as an incident in a series, you cannot understand it or judge it or qualify yourselves as judges of the rights and wrongs of the present act in the story.

Will men of my generation in America stop to consider what is not printed ?  Will Americans between the age of 50 and 60 look back honestly over their own reading over what they have read during the past 50 years ?  Note the vague dissatisfaction, the sense of bafflement, especially for the man who reads after working hours.

Now take the current issues of supposedly serious magazines, magazines that are certainly authoritative in a twisted sense, authoritative and influential.  I believe one of them nominated Willkie and by now perhaps that fact needs no comment whatever.  I’ve been accused in these talks but, if anyone has seriously answered any of my statements, they have been unable to do so in any form that reaches me.  Well, I ask my compatriots of my own age to note that the very high percentage of articles printed in

American magazines contains a joker, that is a silent point, a basically false assumption.  I don’t mean they all contain the same false assumption.  I point k out that there is no public medium in the United States for serious discussion.

Every [one?] of these publications has subjects which its policy forbids it to mention or to mention without falsification.  And I ask the men in my generation to consider the effects, the cumulative effect of this state of things which does not date from September, 1941, but has been going on ever since we can remember.

The progressive falsification of America has been going on for 80 years at least and we have lived through half of it.  I mean as conscious leaders, we have had 40 years of ill-intentional and of semi-conscious befuddlement to contend with and it is time to come to the cumulative effect of that profit.

Baruch, Berle, Best?—to take three names starred in American publicity, one pronouncement and two headlined articles are before me.  All of these men writing and speaking with authority of a sort official positions, dominant in national affairs and with such views that no man under 40 can possibly untangle their cobwebs.

In normal times, qualified readers wouldn’t try.  They would let it go at that.  They would be busy on constructive work.  The old are indifferent, the experienced are indifferent and a cautious son of a New York editor, now in his 70th year, I mean the son in his 70th year, remembered his father’s— —. He shrugged his shoulders, or did when I saw him last autumn, who is he to impede human carnage ?  The folly of all mankind ain’t nothing, but human imbecility gives us an idea of the infinite.  And in a way, as he said, do nothing about it.

Well, there is still time to learn something about it, still time to fight against a peace that can be no peace, still time to fight against widespread efforts to prevent the end of the slaughter, which efforts are being made.  I mean people are now trying to prevent the war from ending.  People have already planned for a peace like the last, a mere parenthesis, a mere slow-up of munition sales, a mere disequilibrium that will keep the world on tenterhooks between the end of this war and the start of the next one.

You cannot sit in Ohio and judge the Balkans.  You cannot judge China from Omaha.  You could read, and perhaps some American will some day make a vow to read one old paper or magazine once a month, by all means say three or six months old, and once a year read a still older one.  That might give you a perspective.

Unless you know at least as much about the past 20 years of Italian history as is contained in old— —volume on “Italian Socio-Economic Policy,” you will not be able to observe how much of old programs has been recently endorsed by Barney Baruch.  Nor will you be able to see the price of confidence was— —article in October Fortune, A.A. Berle, Assistant Secretary of State.

Well, when I was in Washington, a member of the Cabinet told me that so far as he knew Barney was a patriotic gentleman.

Baruch now came out for a constituted price, a price in accord with— —, a price that would guarantee just recompense to everyone who collaborates in a final product.

I will be ready to consider Baruch’s a patriot when he comes out seriously for abolition of the national debt.  He is far in— —that lives in the new economics.

Now Berle’s article is very nice in the second half.  It— —.

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#9: February 12, 1942 — “CANTO 46”

I am readin’ you now another Canto for diverse reasons.  It contains things or at least hints at things that you will have to know sooner or later.  Berle or no Berle, war or no war.

And as I stated last time, I am feedin’ you the footnotes first in case there is any possible word that might not be easily comprehended.  The Decennio, and decennio exposition was the exhibition in Rome at the end of the first ten years of the Fascist regime.  Mussolini’s fascist regime.  They set up the office of the old Popolo d’Italia, very like what had been the New Age Office in London.  Except that Orage’s office contained a couple of drawings by Max Beerbohm which have never been published.

John Marmaduke is a pseudonym, the rest of the names in the Canto are real.  The MacMillan Commission sat after the other war to look into the sins of the British Financial system.

Antoninus Pius, a Roman emperor; lex Rhodi the law of Rhodes, well I say that in the Canto.  The Latin phrase: Aurum est commune sepulchrum, “gold the common sepulchre.”  Parallels: Troy the common grave, I think it is a part of a line by Propertius.  But it don’t matter who it is quoted from.  And the Greek: helandros, kai heleptolis kai helarxe, “usury destroyer of men and cities and governments.”  HELARXE more or less twisted from a line of Aeschylus; about Helen of Troy destroyer of men, and cities.  Geryon, Geryone; allegorical beast in Dante’s hell, symbol of fraud and all dirtiness.  Hic Geryon est, is a Latin tag meaning, “with the other phrase,” Hic hyperu sura: this is “extra strong usury.”  Super usury.  All right, now I am going on with Canto 46.

XLVI
And if you will say that this tale teaches …
a lesson, or that the Reverend Eliot
has found a more natural language … you who think
you will
get through hell in a hurry …
That day there was cloud over Zoagli
And for three days snow cloud over the sea
Banked like a line of mountains.
Snow fell. Or rain fell stolid, a wall of lines
So that you could see where the air stopped open
and where the rain fell beside it
Or the snow fell beside it. Seventeen
Years on this case, nineteen years, ninety years
on this case
An’ the fuzzy bloke sez (legs no pants ever wd. fit) ’IF
that is so, any government worth a damn can
pay dividends?’
The major chewed it a bit and sez: ’Y—es, eh …
You mean instead of collectin’ taxes?’ ’
Instead of collecting taxes.’ That office?
Didja see the Decennio?
?
Decennio exposition, reconstructed office of II Popolo,
Waal, ours waz like that, minus the Mills bomb an’ the teapot,
heavy lipped chap at the desk,
One half green eye and one brown one, nineteen
Years on this case, CRIME
Ov two CENturies, 5 millions bein’ killed off
to 1919, and before that
Debts of the South to New York, that is to the
banks of the city, two hundred million,
war, I don’t think (or have it your own way …)
about slavery?
Five million being killed off… couple of Max’s drawings,
one of Balfour and a camel, an’
one w’ich fer oBviOus reasons haz
never been published, ole Johnny Bull with a ’ankerchief.
It has never been published..
’He ain’t got an opinion.’
Sez Orage about G.B.S. sez Orage about Mr. Xtertn.
Sez Orage about Mr. Wells, ’he wont HAVE an opinion
trouble iz that you mean it, you never will be a journalist.
19 years on this case, suburban garden,
’Greeks!’ sez John Marmaduke ’a couple of art tricks!
What else? never could set up a NATION!’
Wouldn’t convert me, dwn’t HAVE me converted,
’Said “I know I didn’t ask you, your father sent you here
“to be trained. I know what I’d feel.
“send my son to England and have him come back a christian!
“what wd. I feel?” ’Suburban garden
Said Abdul Baha: “I said ’let us speak of religion.’
“Camel driver said: I must milk my camel.
“So when he had milked his camel I said ’let us speak of religion.’
And the camel driver said: It is time to drink milk.
Will you have some?’ For politeness I tried to join him.
Have you ever tasted milk from a camel?
I was unable to drink camel’s milk. I have never been able.
So he drank all of the milk, and I said: let us speak of religion.
’I have drunk my milk. I must dance.’ said the driver.
We did not speak of religion.” Thus Abdul Baha
Third vice-gerent of the First Abdul or Whatever Baha,
the Sage, the Uniter, the founder of a religion,
in a garden at Uberton, Gubberton, or mebbe it was some
other damned suburb, but at any rate a suburban suburb
amid a flutter of teacups, said Mr Marmaduke:
“Never will understand us. They lie. I mean personally
“They are mendacious, but if the tribe gets together
“the tribal word will be kept, hence perpetual misunderstanding.
“Englishman goes there, lives honest, word is reliable,
“ten years, they believe him, then he signs terms for his
government.
“and naturally, the treaty is broken, Mohammedans,
“Nomads, will never understand how we do this.”
17 years on this case, and we not the first lot!
Said Paterson:
Hath benefit of interest on all
the moneys which it, the bank, creates out of nothing
Semi-private inducement Said
Mr Roth-schild, hell knows which Roth-schild
1861, ’64 or there sometime, “very few people
“will understand this. Those who do will be occupied
“getting profits. The general public will probably not
“see it’s against their interest.”
Seventeen years on the case; here
Gents, is/are the confession.
“Can we take this into court?
’Will any jury convict on this evidence?
1694 anno domini, on through the ages of usury
On, right on, into hair-cloth, right on into rotten building,
Right on into London houses, ground rents, foetid brick work,
Will any jury convict ’um? The Foundation of Regius Professors
Was made to spread lies and teach Whiggery, will any
JURY convict ’um?
The Macmillan Commission about two hundred and forty years
LATE
with great difficulty got back to Paterson’s
The bank makes it ex nihil
Denied by five thousand professors, will any
Jury convict ’um? This case, and with it
the first part, draws to a conclusion,
of the first phase of this opus, Mr Marx, Karl, did not
foresee this conclusion, you have seen a good deal of
the evidence, not knowing it evidence, is monumentum
look about you, look, if you can, at St Peter’s
Look at the Manchester slums, look at Brazilian coffee
or Chilean nitrates. This case is the first case
Si requieres monumentum?
This case is not the last case or the whole case, we ask a
REVISION, we ask for enlightenment in a case
moving concurrent, but this case is the first case:
Bank creates it ex nihil. Creates it to meet a need,
Hic est hyper-usura. Mr. Jefferson met it:
No man hath natural right to exercise profession
of lender, save him who hath it to lend.
Replevin, estopple, what wangle which wangle, VanBuren met it.
Before that was tea dumped into harbour, before that was a
great deal still in the school books, placed there
NOT as evidence.  Placed there to distract idle minds,
Murder, starvation and bloodshed, seventy four red revolutions
Ten empires fell on this grease spot.
’I rule the Earth’ said Antoninus ’but LAW rules the sea’
meaning, we take it, lex Rhodi, the Law Maritime
of sea lawyers.
usura and sea insurance
wherefrom no State was erected greater than Athens.
Wanting TAXES to build St Peter’s, thought Luther beneath
civil notice,
1527. Thereafter art thickened. Thereafter design went to hell,
Thereafter barocco, thereafter stone-cutting desisted.
’Hic nefas’ (narrator) ’commune sepulchrum.’
19 years on this case/first case. I have set down part of
The Evidence. Part/commune sepulchrum
Aurum est commune sepulchrum. Usura, commune sepulchrum.
helandros kai heleptolis kai helarxe.
Hic Geryon est. Hic hyperusura.
FIVE million youths without jobs
FOUR million adult illiterates
15 million ’vocational misfits’, that is with small chance for jobs
NINE million persons annual, injured in preventable industrial
accidents
One hundred thousand violent crimes. The Eunited States ov
America
3rd year of the reign of F. Roosevelt, signed F. Delano, his uncle.
CASE for the prosecution. That is one case, minor case
in the series/Eunited States of America, a.d. 1935
England a worse case, France under a foetor of regents.
’Mr Cummings wants Farley’s job’ headline in current paper.

E.P. speaking. That’s the end of Canto 46.

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