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@http://silverstealers.net/An Initiative to Protect Private Property Rights of American Citizens
“A GIGANTIC CONSPIRACY WAS FORMED IN LONDON AND NEW YORK TO DEMONETIZE SILVER”---Martin Walbert, “The Coming Battle—A Complete History of the National Banking Money Power in the United States” (1899)
Sir Philip Sassoon, Pilgrims Society, whose mother was Caroline Rothschild, inherited a massive fortune founded in the British opium trade, in which the drug grown in India was sent into China, which caused the two Opium Wars; payment for the drug was demanded in silver; in one large scale incident of violence, British forces opened fire after payment in silver was made, when their assurance was given to not attack if the silver was delivered (See “Silver Users And Opium” at Silver Investor Archives) also http://inpursuitofhappiness.wordpress.com/2007/10/01/the-sassoon-opium-wars/ and http://lyndonlarouche.org/larouche-british5.pdf and http://en.wikipedia.org/wiki/Sassoon_family I would have phrased some accounts differently in places; however the actual facts stand as is---the Sassoons dealt in tens of thousands of chests of opium! (Weight unknown but considerable). The New York Daily News, October 15, 1858 made reference to the "Parliamentary Blue Book" which claimed that British export-import trade with just the two cities of Canton and Shanghai, for the years 1844 through 1856, amounted to more than 437,700,000 pounds sterling, a truly fantastic sum; this, from the people who today control the world's money system! British opium “exports” into China peaked in 1880 with 105,580 chests! The Sassoons were not alone in that filthy, murderous business, as we will see later! Family entities included the Sassoon Banking Company of China & London; Eastern Bank; Bank of China; Imperial Bank of Persia; Bank of China & Japan; British Burma Petroleum and others. T.V. Soong, son of Charlie Soong’s sellout banker family we just read about was the Sassoon agent running the Bank of China. We can only guess at the immense amounts of silver sucked out of China during the opium trade and how they were used to depress silver valuations; instead of blaming Comstock Lode silver for the Panic of 1893, it could actually have been British opium silver that was the source of asserted oversupply; the main cause was coordinated banker whipsawing of the financial system, which they and their pet economists then blamed on silver! The Pilgrims of Great Britain leaked list, 1980, shows The Duke of Leinster, a Sassoon relation. The Wikipedia entry on Sir Philip Sassoon has no mention of his opium and silver fortune---
This organization, The Pilgrims Society, known to so few outsiders, has dragged the world towards fiat currencies, destabilized silver and gold as money, annihilated the finances of billions, and will stop at nothing till its goal is realized; and what is that? To be able to say and have carried out things such as “I WANT THAT MAN KILLED” and “BRING THAT WOMAN TO ME;” absolute power, that’s all the dignified bastards want! Review the following quotations and be convinced as to their war on monetary silver---
“The natural law of supply and demand, reasonably constant over a period of a century, WAS THROWN INTO CHAOS BY THE SILVER DELUGE, AND FALLING PRICES ROBBED WITHIN A YEAR ONE HALF OF THE HUMAN RACE OF ONE HALF OF THEIR WEALTH AND THEIR PURCHASING POWER.”
---Nevada Senator Key Pittman,
China Weekly Review,
January 31, 1931, page 318
“BUT THE WORST IS YET TO COME, BECAUSE THE BRITISH GOVERNMENT FOR INDIA STILL HAS SEVERAL HUNDRED MILLION OUNCES OF SILVER MONEY THAT IT INTENDS TO CAST UPON THE MARKET OF THE WORLD IN THE FORM OF BULLION. THE MARKET CANNOT CONSUME IT. THERE IS NOT A DEMAND FOR IT, AND SUCH A THREAT WILL HOLD DOWN THE PRICE OF SILVER AND IF CARRIED OUT MAY ABSOLUTELY DESTROY ITS VALUE AS A MEASURE OF WEALTH, AS MONEY, AND AS AN INSTRUMENT FOR THE CARRYING ON OF TRADE AND COMMERCE.”---CWR,
Nevada Senator Key Pittman,
in the China Weekly Review,
January 31, 1931, page 336, stated---
“THE BRITISH GOVERNMENT FOR INDIA BY ITS POLICY HAS STRUCK DOWN THE WEALTH OF INDIA AND DESTROYED THE PURCHASING POWER OF ITS SUBJECTS. It has not only injured its own subjects but it has equally and in the same manner destroyed the purchasing power of China, South America, Mexico, and every silver using country in the world. This has disastrously reduced the export trade of the United States and every other country. The producers of silver, although a small group by comparison with all of the other groups affected, have suffered even more deeply than the producers of other commodities. MINES THROUGHOUT THE WORLD HAVE BEEN COMPELLED TO CLOSE, ADDING HUNDREDS OF THOUSANDS OF IDLE MEN TO THE HORDE OF UNEMPLOYED.”
“EFFORTS WERE MADE TO INDUCE THE BRITISH GOVERNMENT FOR INDIA TO MODIFY SUCH POLICY, BUT SUCH EFFORTS FAILED.”
---China Weekly Review,
January 31, 1931, page 336
“THE PROGRAM OF THE BRITISH GOVERNMENT FOR INDIA HAS BEEN DESTRUCTIVE OF THE WEALTH, PURCHASING POWER AND PROSPERITY NOT ONLY OF THE PEOPLE OF INDIA BUT OF EVERY COUNTRY THAT USES SILVER FOR MONEY AND INJURIOUS TO THE PROSPERITY OF THE WORLD.”
Nevada Silver Senator Key Pittman,
China Weekly Review,
April 4, 1931, page 164
“A LARGE NUMBER OF CHINESE ARE FORCED TO LOOT TO LIVE.”
Senator Key Pittman,
China Weekly Review,
April 5, 1931, page 164
In Foreign Affairs, publication of the Council On Foreign Relations (C.F.R, direct unofficial subsidiary of The Pilgrims Society), flunky
Herbert B. Elliston, in
“The Silver Problem,”
April 1931, pages 441-456
vomited out the following banker blather---
“The history of the demonetization of silver goes back over a hundred years. IT HAS MARCHED HAND IN HAND WITH THE IMPROVEMENT OF LIVING STANDARDS.”
Scum lapping shit bag economists like Elliston have no scruples as to lying; we already saw that the silver demonetization of 1873 “caused millions of deaths” by starvation! He had no gripe over the British suspending conversion of paper rupee notes into silver! In America, the unemployed relied on soup kitchens to subsist---
Another convincer of Pilgrims Society attacks on silver causing joblessness---
MAKING MILLIONS POOR IS THE PILGRIMS ORGASM!THEIR HEADS ARE FULL OF GREEDY DEMONS, NOT PROTOPLASM!LET THEM READ THIS, THEY’LL HAVE A WEIRD SPASM!HOPEFULLY THEY’RE NEAR THE EDGE OF A CHASM!
After the 1918 unrest over note redemption, British military presence in India was increased so as to be able to screw silver over! Elliston, while at the C.F.R, worked for John W. Davis, president of the C.F.R, 1921-1933. Davis, Pilgrims Society member, was Solicitor General of the United States, 1913-1918, arguing for the government at the Supreme Court; and was Ambassador to England, 1918-1921, during which time he helped implement the Pittman Act of 1918, providing his “Pilgrim Partners” with 200 million ounces of silver so they could maintain control over British India. Davis was chief counsel to J.P. Morgan & Company, trustee Rockefeller Foundation and director of American Telephone & Telegraph. His firm was Davis, Polk & Wardwell, which today “works with many of the leading companies of the world” http://www.davispolk.com/firm/ The boss of anti-silver activist Herb Elliston, John W. Davis, was the 1924 Democrat candidate for President---
As of the 1952 Who’s Who, page 736, Elliston was a member of the C.F.R and the Cosmos Club in D.C. plus the anti-silver Royal Economic Society and the anti-silver American Economic Association and was editor of the Washington Post with a Pulitzer Prize in 1949.
“THE COMMISSION GAVE ITS IMPRIMATUR TO THE PROPOSED ABOLITION OF THE LEGAL RIGHT TO CONVERT NEW NOTES INTO SILVER RUPEES.”
New York, April 1931,
Silver certificate redemption was halted in summer 1968; in India the British squashed it over 37 years earlier!
“ENGLAND IS CONSIDERED BY THOSE INTERESTED IN THE SILVER QUESTION AS BEING LOATH TO UNDERTAKE SUCH A STUDY.”--
-New York Times,
May 9, 1931,
“GREAT BRITAIN WAS EXPECTED TO TAKE THE INITIATIVE BUT THE BRITISH ATTITUDE IS RATHER TO DISCOURAGE THE HOLDING OF SUCH A CONFERENCE.”
China Weekly Review,
June 13, 1931,
“CHINA IS HAVING THE HARDEST TIME THAT ANY COUNTRY HAS EVER EXPERIENCED.”
China Weekly Review,
June 13, 1931, page 54
“PRESIDENT HOOVER, DUE TO BRITISH OPPOSITION, HAS REFUSED TO TAKE ANY STEPS TOWARD CALLING A SILVER CONFERENCE.”
China Weekly Review,
June 20, 1931, page 85
“The British Government of India commenced selling silver in 1927. BY THE END OF MARCH 1931 APPROXIMATELY 101,000,000 OUNCES HAD BEEN SOLD.”
Page 811 Asia Magazine
The Pan American Union had a more accurate tally---
“Silver in the West and the East,” Bulletin of the Pan American Union at Washington, D.C., December 1932, page 835 reported---
“Sales commenced in 1927 and by March 31, 1932, 127,584,564 ounces of silver had been sold. CLEARLY, THIS INJURED THE PRICE OF SILVER.”
The feature noted that from 1900 inclusive through 1929, 863.4MOZ was used for coinage in British India; recall that at least 200MOZ of that came via the Pittman Act of 1918. The same Bulletin, December 1932, page 847 commented---
“SILVER HAS COME UPON EVIL DAYS, AND ITS FUTURE IS SURROUNDED BY UNCERTAINTY.”
Silver leasing or silver dumping has certainly been around for many, many years. According to a former ambassador to Germany, the British dumped 640,000,000 silver ounces out of India, causing an 80% drop in purchasing power of silver currency countries (NYT, October 9, 1931, page 16). The exact figure will never be known and the 640MOZ figure could be overblown, but it was more than ample to achieve British plans to drive the world closer to full fiat. Before the dumping out of India started, silver was 65 cents an ounce. The fall in silver valuations caused the Great Depression. The crash of the U.S. stock market in October 1929 was just another blow on the way down, caused by a sudden tightening of credit on the part of the British linked central bank. With over half the world’s people on a silver basis, their use of silver as money was struck at hard by the appalling British conspiracy. People in many nations were thrown out of work because silver using people’s ability to pay had been sabotaged. Of course this also wrecked their basis for use of silver as credit. The NYT, May 30, 1931, page 2---
“In spite of a request by the United States Senate that the President take steps to call an international conference to consider the silver problem, the administration has, for reasons that are undoubtedly well considered, taken no action.”
For reasons that are undoubtedly Pilgrims Society related, Hoover took no action!
Sir Austen Chamberlain, Pilgrims Society of Great Britain, was Foreign Secretary, 1924-1929 and backed the Royal Commission’s recommendations---this was the same Austen Chamberlain who as Chancellor of the Exchequer in 1920 shoveled 70 million ounces of silver onto world markets for price suppression purposes (The Times, London, January 15, 1931, page 18). The silver came from Britain’s coinage debasement from .925 to .500 silver content as of 1920---
"WE HAVE FOLLOWED A POLICY THAT HAD FOR ITS PURPOSE THE DESTRUCTION OF SILVER VALUES."
New York Times,
April 23, 1933, section 2, page 7.
The Earl of Birkenhead was Secretary of State for India, and backed Lord Irwin. Birkenhead, Pilgrims Society, was described as "SOMEONE TO BE AVOIDED AS AN ENEMY" on page 166 of the rare (Hutchinson & Company, London) volume "Pilgrims And Pioneers" (1946) by Sir Harry Brittain, a founder of The Pilgrims Society. The Earl of Birkenhead, seen below in his earlier post as Lord Chancellor in medieval accouterments, played his role in causing the boundless misery of The Great Depression by smashing the silver money systems of India and China---
"BRITISH MANIPULATION OF SILVER HAS CAUSED GREAT HARM."
---S.R. Bomanji, Indian silver leader,
New York Times, May 7, 1931, page 19.
According to a New York Times article, May 6, 1931, page 15, S.R. Bomanji, Indian delegate to the International Chamber of Commerce and representative in London of the Indian Chamber of Commerce---
“ENGLAND MOST CERTAINLY HAS DEFRAUDED INDIA.”
“THE ENTIRE BUSINESS MACHINERY OF CHINA IS IN CHAOS.”
China Weekly Review,
January 11, 1930, page 200
“SILVER HAS REACHED THE LOWEST POINT IN HISTORY WITH THE RESULT THAT THOUSANDS OF CHINESE AND FOREIGN CONCERNS WERE RUINED.”
China Weekly Review,
January 25, 1930, page 271
“THE CONTINUING DOWNWARD TREND OF SILVER PRICES CONSTITUTES A GRAVE MENACE TO WORLD TRADE. Silver in world markets is at the lowest price in history. No industry is suffering more from declining price levels than is the nonferrous metal mining industry. We have advocated the calling of an international conference on silver by those countries which produce four fifths of the world’s silver---Peru, Bolivia, Mexico, Canada and the United States.”
Mining Congress Journal,
April 1930, page 284
“THE SILVER MARKET IS AN ABSOLUTE CLOSED MONOPOLY AS IT IS NOW CONDUCTED, CONTROLLED BY LONDON. BUT IT IS FREQUENTLY SAID BY SILVER PRODUCERS THAT THIS IS AN ARBITRARY EXERCISE OF THE MONOPOLISTIC CONTROL OF NEW YORK.”
Colorado Congressman William R. Eaton
speaking in the House of Representatives,
May 1, 1930 (New York Times,
May 11, 1930, section III, page 5).
Both beliefs applied---London and New York, each having branches of a nearly unknown two part organization of mega-thieves who “seize the wealth necessary,” have suppressed silver for generations!
“THE FACT IS THAT A FOOLISH DUMPING POLICY IN INDIA IS DISRUPTING THE MONETARY SYSTEM OF HALF THE PEOPLE OF THE WORLD AND ADDING TO THE STAGNATION OF TRADE EVERYWHERE. THAT IS THE DIRECT CAUSE OF THE WORLD DEPRESSION. THIS DUMPING AND THREAT OF UNLIMITED DUMPING DOES NOT ONLY CUT IN TWO THE BUYING POWER OF HALF THE PEOPLE OF THE WORLD, BUT IT HAS DESTROYED THE CREDIT OF EVERY SILVER USING PEOPLE.”
Nevada Senator Key Pittman,
New York Times, May 18, 1931, page 12
The NYT, July 10, 1928, page 32, “French Lose On Silver,” subtitled “Government Will Pay but 40 Cents on Dollar for Demonetized Coins” noted---
“Paris---The silver coins hoarded for years by French peasants in their proverbial woolen socks will not be redeemed at par, but at two-fifths of their pre-war value. The Government has fixed the ratio, effective next Monday, for the silver pieces which have been demonetized under the stabilization bill, the value being set on the basis of the bullion value.”
(The lowered bullion value was attributable 100% to the British dumping silver out of India that started over a year before that---and to no other cause! You can be sure that the authors of the stabilization bill knew what was taking place; maybe many of them even approved of it!)
“Consequently, FRENCHMEN WHO DID NOT TRUST BANKS, THINKING THAT ANY HARD MONEY WAS ALWAYS WORTH PAR, WILL GET ONLY FORTY CENTS ON THE DOLLAR FOR THEIR SILVER COINS.”
(Sick tricks such as this won’t work today---there isn’t any silver of any magnitude left to dump. Even if all the metal in Barclay’s ETF “seeped” out into the market, with more investors realizing the best silver is that which they privately hold, it couldn’t dent the price by too much for very long. It could frighten out the uninformed, however!)
The NYT, September 16, 1928, page 17, “France Gets Hoarded Gold,” subtitled, “97 Tons of it and 500 Tons of Silver Have Been Turned in by Peasants” revealed---
“Paris—(AP)—Five hundred tons of silver coins have been turned into the French Treasury since stabilization of the franc was decreed, and Premier Poincare announced that the silver 1, 2 and 5 franc pieces were NO LONGER LEGAL TENDER. Ninety-seven tons of gold coin likewise have found their way into the coffers of the Treasury. Bank officials say that the peasant hoarders prefer gold to silver and must still have billions of gold francs buried in their gardens and cellars.”
The December 24, 1929 NYT, page 23 stated---
“Although it is expected that it will be many years before silver is abandoned as a monetary unit, reports have been current in banking circles that France may insist on the gold standard for Indo-China.”
What we find in French Indochina (what we now know as Vietnam, Cambodia and Laos, which colonial empire ended in 1954) were coins of zinc; copper; nickel; and aluminum http://art-hanoi.com/collection/iccoins/1943.html
However, as regards the opium trade in those areas, silver was still demanded as payment and was called the opium tael http://art-hanoi.com/collection/iccoins/tael.html
The December 22, 1930 NYT, page 30, shows the corrupting British influence in French financial circles---
“It is also believed that any concerted plan in the direction of supporting silver would mean reversion to the bimetallic theory, WHICH NO LONGER HAS ANY SUPPORT IN FRANCE, AND WHICH IS CONSIDERED, IN VIEW OF FINANCIAL CONDITIONS OF THE PERIOD, TO BE AN ABSURDITY.”
(Silver had huge support in France, but not among the corrupted, infiltrated, bought-off leadership. Adverse financial conditions of the period were caused by demonetization of silver. Then the crooks blamed the victim for the crime!) Yes, any bankers anywhere would be tempted to act against hard money, even had Britain never existed. It would take another essay to discuss the Latin Monetary Union, which lasted from 1865 to 1927 (when Great Britain’s silver attack intensified). These nations used silver and gold coins for currency and included Belgium; Italy; Switzerland; Austria; Greece; Bulgaria; Romania; Serbia; Montenegro; Venezuela; San Marino; Vatican State; and France.)
“Silver Reaches A New Low Level,”
China Weekly Review,
March 8, 1930, page 49---
“Exchange, by which is meant the price of silver in terms of gold, and vice versa which has always been one of the main points of business in China has during recent months become a matter of much more than ordinary importance, owing to the continued decline of the price of silver. Now on top of a still further decline there have come sudden jerks upwards and downwards, so that businessmen, importers, exporters, brokers and bankers, are kept keyed up to high tension, not knowing from moment to moment what is likely to happen next.”
“The price of bar silver dropped to 19.125 pence per ounce in London, March 1. THIS WAS THE LOWEST PRICE EVER REACHED SINCE RECORDS HAVE BEEN KEPT. In Shanghai where all imports and exports have to go through an exchange transaction, and where in addition there is huge speculation in gold bars, the rates for a short time went so low that a gold dollar was worth a little more than three Mexican dollars. THE SUDDEN DROP WAS ATTRIBUTED TO THE ANNOUNCEMENT THAT INDIA DECIDED TO LEVY A TAX ON SILVER.“
Lord Arthur Salter, Pilgrims Society of Great Britain, member of Parliament who became Baron Salter of Kidlington in 1953, opposed silver as money and argued against an international silver conference
("The Silver Problem," Political Science Quarterly,
"IT IS MONSTROUS THE WAY YOU HAVE DEPRESSED THE PRICE OF SILVER."
---Journal of Political Science,
September 1931, page 329.
Lord James Stanhope, the 13th Earl of Chesterfield, son in law of the 6th Marquess of Sligo, who became leader of the House of Lords, was another Pilgrims Society member atop the British establishment who had icy feelings against monetary silver. He owned a 145 room estate. The Times, London, December 8, 1932, page 7, had this to say---
“LORD STANHOPE SAID THE GOVERNMENT DID NOT THINK BIMETALLISM WAS OF SUFFICIENT IMPORTANCE TO BE PLACED IN THE FOREFRONT OF MATTERS TO BE CONSIDERED AT THE WORLD ECONOMIC CONFERENCE.”
The Commercial & Financial Chronicle, December 10, 1932, page 3954, “British House of Lords Bars Bi-Metalism Move, Blocks Attempt to Put Issue Up to World Economic Conference” reported Lord Stanhope making a declaration that “if we could get 1,000,000,000 ounces of silver out of China and India” letting slip British intentions to continue silver dumping so prices could be managed at low levels, in their effort to discredit silver as money!
Silver suppressor Lord Stanhope had his way, as the 1933 World Economic Conference, summer 1933, held in London at the Geological Museum, was a Pilgrims Society farce benefiting The Money Power at dear cost of grief and poverty to the world (a subject for a whole other extensive research, for which I have tons of info and little time) ---
Below, Pilgrims Society member Andrew Mellon, revealed in Congressional proceedings to be a heavy holder of shares in more than 300 corporations and whose property (source—Texas Congressman Wright Patman) was alleged to be "EQUAL TO THE ENTIRE VALUE OF ALL THE PROPERTY IN THE STATE OF TEXAS" (mentioned in book, cover of which is seen later on), as Treasury Secretary 1921-1932 acted as a silver suppressor! Mellon was the only man to hold off the Rockefeller's in oil (Gulf Oil) and J.P. Morgan in steel (with Union Sharon Steel). The New York Times, March 9, 1926, page 36, reported that Secretary Mellon rebuffed pleas from American miners that the Treasury comply with the balance of silver purchases at $1 per ounce provided for in the Pittman Act of 1918, cheating miners out of $14 million in revenues ( a major sum in those days)---
While Ambassador to Britain 1932-1933, Mellon refused to ask England to mollify its attacks on the silver price! As of January 24, 1935, New York Times, Mellon was on The Pilgrims executive committee. He was chairman of the War Finance Corporation and is known to have reaped colossal profits from World War I. From The Times, London---
The Mining Congress Journal, November 1929, page 912 reported the American Silver Producers Association lost its lawsuit to force the government to complete its agreed silver purchases under the 1918 Pittman Act. 15 million ounces at $1 per ounce was in arrears; the Treasury refused to honor the remaining provisions of the Act when the world price was falling to well under half that level, thanks to British actions in India; and a corrupt Supreme Court led by Pilgrims Society member William H. Taft upheld the Treasury Department against the miners. The Wikipedia entry on decisions handed down by the Taft Supreme Court censored that fact out of its enumeration. William H. Taft, 1857-1930, was tapped for Skull & Bones Society at Yale, as was his younger brother, Henry W. Taft; both became Pilgrims Society members, the senior and by far the more powerful society. See the admission by Henry Taft on page 2521 of the 1940 Who’s Who. The elder Taft was Governor of the Philippines, 1901-1903, which we took after the Spanish-American War; he was Secretary of War, 1904-1908; previously he was Solicitor General of the United States, who represents the Government at the Supreme Court, 1890-1892; as a Federal judge in 1893 he ruled in favor of Mellon’s aluminum trust; he became President of the United States, 1909-1913, supporting the Federal Reserve Act into and fighting for the 16th Amendment inflicting the Income Tax on Americans. In 1920 William Taft became the first president of the English Speaking Union of the United States, a Crown organization always run by Pilgrims Society members whose function is to make English the universal language in a world government. In 1910 Taft appointed Charles Evans Hughes to the Supreme Court, who succeeded him as Chief Justice in 1930 and also became a silver suppressing Pilgrims Society member---
The Times, London, January 1, 1929, page 18 reported---
“In the summer the Supreme Court at Washington rejected the application of the American Silver Producers Association to compel the United States Treasury to purchase 14,500,000 ounces still remaining under the Pittman Act. IT IS VERY IMPROBABLE THIS PURCHASE WILL EVER TAKE PLACE.”
The Mining Congress Journal, March 1929, page 239, reported that a preliminary judge, Wendell Stafford, gave his opinion that the silver producers “did not have sufficient interest to bring the suit.” I wish I could have been there to tell the judge he didn’t have sufficient interest to summon firefighters if his house were ablaze. The deck was stacked; Stafford was a member of the Cosmos Club in D.C., a network organization.
As one of the many “flashbacks” this documentary contains, here was another member prominent in banking who was a top level Taft supporter when Taft became President---Gilbert’s listing on page 900 of the 1914-1915 Who’s Who in America shows he was a Presidential elector for William Howard Taft (Pilgrims Society, Skull & Bones Society) and a director of two merged New York City banks, both individually very significant---
"NEWS THAT BRITISH ARE UNWILLING TO END SILVER DUMPING BY INDIA ADDS TO DEPRESSION."
---New York Times,
February 14, 1931, page 24.
The 1897-1942 Who Was Who in America, page 828, Mellon was "chairman ex-officio Federal Reserve Board, Farm Loan Board, U.S. Section of Pan American High Commission, also director U.S. Railroad Administration and member board Reconstruction Finance Corporation." The RFC’s gold dealings would make for an extensive investigation!
United States Secretary of State, 1925-1929 Frank B. Kellogg, Pilgrims Society, had no issue with British actions in silver; he called silver "unsound money" (New York Times, December 12, 1933, page 2) and that it represented "inflation" (New York Times, December 4, 1933, page2) ---
Kellogg, a former Senator and Ambassador to England and president of the American Bar Association 1912-1913, became a justice of the globalist World Court, 1930-1935.
In the Mining Congress Journal, September 1930, Francis Brownell, chairman of American Smelting and Refining, had an article, “The Silver Situation.” Let’s read some of his comments---
“The fall in the price of silver of nearly 15 cents per ounce during the spring of 1930 caused rapidly increasing demoralization, particularly in China and Mexico. Mexico and other silver countries experienced a disastrous effect from the fall in the price of silver. The purchasing power of all silver countries became seriously impaired and their ability to acquire commodities of the United States and European countries substantially lessened.” (page 677)
What was behind the collapse in the silver price at that time? Reading Brownell further we find---
“In 1926, a Royal Commission on India’s monetary system recommended that India go to a gold exchange standard and gradually sell on the open market the excess stocks of silver, consisting of several hundred million ounces then owned by the Indian government. At the time of publication of that report in the summer of 1926, silver was selling at about 65 cents per ounce. A RAPID FALL IN THE PRICE FOLLOWED, and in December of the same year the price averaged less than 53 and a half cents. For a time after the War, when confidence in the monies of European nations had been so greatly destroyed, it seemed possible that a greater use of silver for monetary purposes would be necessary. BUT WHEN THE ROYAL COMMISSION’S REPORT BECAME KNOWN, THIS TENDENCY STOPPED. The European nations either greatly reduced or entirely abandoned the use of silver for subsidiary coinage.”
The entire upper echelons of the British establishment were arrayed against silver as money; and remains so!
"Neville Chamberlain, Chancellor of the Exchequer, said HE DID NOT THINK ANY USEFUL PURPOSE WOULD BE SERVED BY CALLING AN INTERNATIONAL CONFERENCE ON SILVER." ---Pilgrims Society member Chamberlain, World Money Power spokesman, quoted in
New York Times,
November 18, 1931, page 11
The same dismal resistance to an international silver conference---to remedy the price collapse in silver intentionally caused by the British establishment (as always, Pilgrims Society members), was encountered from Prime Minister Ramsay MacDonald (below, the truculent looking conspirator). The April 23, 1933 New York Times, page 27, noted "THE STRANGE COINCIDENCE OF MR. MACDONALD’S VISIT WITH AMERICA’S DEPARTURE FROM GOLD."
"THE PRESENT LOW PRICE OF SILVER AFFECTS 60 PERCENT OF THE WORLD’S POPULATION."
---"Silver and Prosperity,"
Mining Congress Journal,
July 1930, page 549.
to http://en.wikipedia.org/wiki/Abe_Bailey Sir Abe Bailey, 1864-1940, was an associate of Cecil Rhodes and "became one of the world’s wealthiest men" due to seizing diamond bearing lands in Rhodesia. The Times, London, August 24, 1931, page 12 had Bailey making this bizarre mercenary statement---
"I am surprised to see responsible statesmen advocating the remonetization of silver, which would add very little to currency AND IS A FORM OF CONFISCATION AND REPUDIATION."
PILGRIMS SOCIETY member, anti-silver financier, diamond tycoon Sir Abe Bailey---
"GREAT BRITAIN IS THE GREATEST OFFENDER IN THE SINISTER WORK OF DEBASING SILVER."
---Utah Silver Senator (from 1917-1941)
William H. King, New York Times,
June 14, 1931, page 22.
The Commercial & Financial Chronicle of December 10, 1932 page 3954 quoted Montana silver Senator Burton K. Wheeler stating--- “GREAT BRITAIN WOULD NOT AGREE TO MAKING SILVER A UNIVERSAL CURRENCY BASE.”
Striking out from London like
an octopus that strangles!
Hidden financial alliances,
danger that entangles!
Working secretly to take our silver away!
WHAT ARE THESE BANKER LOWLIFES PLANNING TODAY?
The 11th Marquess of Lothian, Philip Henry Kerr, who was British Ambassador to Washington in 1939-1940, was another Pilgrims Society member. As Undersecretary of State for India in 1931-1932 his input went into dumping silver out of British India onto world markets, killing silver values and attacking it as money in order to lead the world down hell’s road towards full fiat---
"HUGE DECREASES IN THE WORLD’S TRADE ARE DUE TO THE DROP IN THE PRICE OF SILVER."
---El Economista, Mexico City,
quoted in the New York Times,
March 10, 1931, page 12.
Secretary of State, Pilgrims Society member Henry L. Stimson (below) quoted in the
New York Times, June 4, 1932,
page 5, declared---
"I HAVE NOT FELT THAT THE CALLING OF A CONFERENCE ON SILVER BY THE UNITED STATES WOULD SERVE ANY USEFUL PURPOSE."
It’s as if what Neville Chamberlain and Henry Stimson said to squelch a world silver conference was scripted for them by a Rothschild or a Rockefeller or a Windsor or Astor or some such! Yes, within The Pilgrims Society there exists a hard inner core of globalists, the others being their lieutenants, functionaries and tag-alongs! Stimson---
"THE PURCHASING POWER OF OVER 800,000,000 PEOPLE WAS SUDDENLY AND DRASTICALLY LOWERED BY GOVERNMENTAL ACTION IN REGARD TO SILVER."
---New York Times,
May 11, 1931, page 2.
It was Britain’s attack against silver money that caused the Great Depression! Yet we still see alleged experts in precious metals commentary carelessly stating that the stock market crash of October 1929 was the cause, when in fact it was a mere secondary causative agent! Please do your historical homework before parroting statements propagated by fiat currency activists! If stock price downturns cause depressions, why worry about the absence of gold and silver from the monetary structure?
"The silver countries or three fourths of the 2 billion of the people that live on earth, have been deprived of their purchasing power."
---R.J. Cromie, publisher, Vancouver Sun,
quoted in China Weekly Review,
October 18, 1930, page 236.
"The buying power of silver countries lies dormant and AS A RESULT WORLD BUSINESS IS PARALYZED." (ibid)
Anyone reviewing these documented details who still maintains that the October 1929 stock market crash caused the Great Depression must be suspect of being in the fiat money camp, or someone too proud to admit to have been wrong.
"The decline in silver prices has caused losses estimated as high as $3,000,000,000 to Indian silver holders. Price declines in silver long preceded the general world depression."
---Current History, May 1932,
"The evil influence of silver depreciation has been felt by all the countries of the world."
---Yue Kwei-Zun, director,
Tung Yih Bank, Shanghai,
China Weekly Review,
June 11, 1932, page 49.
“THE WORLD MONEY SYSTEM, WHICH HAD BEEN FUNCTIONING FROM TIME IMMEMORIAL ON THE TWO CYLINDERS OF GOLD AND SILVER, IS NOW BEING ASKED TO FUNCTION ON ONE CYLINDER ONLY.”
---New York Congressman Andrew Somers,
NYT, front page, May 15, 1932
“THE RESULTS OF THE SITUATION BROUGHT ABOUT BY THE DESTRUCTION OF SILVER ARE VERY ACUTE AND ARE RAPIDLY GROWING WORSE.”
---House Subcommittee on Coinage,
NYT, May 15, 1932, page 26
The New York Times, June 27, 1932, page 25, “Cheap Silver Adds to Depression” ---
“Colonel Harden and Mr. Thomas agreed that the effects on American growers were tragic. “In one day recently,” said Mr. Thomas, “30,000 COTTON FARMS IN MISSISSIPPI WERE SOLD UNDER THE HAMMER.”
Millions of previously self supporting Americans were forced out into the streets, into tent cities and camping out in woodlands, and into rickety shacks unreliable for shielding from storms---
The 1960 Who’s Who, page 504, shows Thomas G. Chamberlain, who appeared in the leaked list of The Pilgrims for 1969, In his listing he stated membership in the Bankers Club, Manhattan, an anti-silver fraternity. He toured the U.S. in 1919-1920 with William H. Taft, Pilgrims Society, who we just saw was another silver suppressor, in speaking engagements for The League to Enforce Peace, a Pilgrims Society propaganda bureau fighting for American membership in the British run League of Nations. After that Chamberlain was with the Hoover for President campaign in California; in 1922-1923 he was “incorporator of cotton cooperative marketing associations throughout South, negotiating loans of over $100,000,000 from banks and War Finance Corporation;” meaning, apparently the financiers set up who knows how many farmers to start producing commodities, primarily cotton, in order to bust the wheels off their wagons later! This Pilgrims Society is corrupt beyond redemption and must be phased out of existence. Chamberlain set up Pacific Egg Producers Cooperative and had peach, fig, egg and poultry producing interests all over the West coast and controlled the estate of Samuel Clemens (Mark Twain). He could easily have used fees from his cotton loan syndications to secure his Western agricultural interests, which included Sun-Maid Raisin Growers. He was a member of the Republican National Committee and a director of the League of Nations Association.
http://www.fundinguniverse.com/company-histories/Milliken-amp;-Co-Company-History.html indicates that large consolidated interests acquired failing textile operations during the Depression. Milliken & Company was connected to National City Bank, a top tier Pilgrims Society bank. Two Millikens were listed as charter Pilgrims Society members in 1903. The British attack on silver that started in India in 1926 was a repeat of the Crime of ’73, the Coinage Act of 1873 that virtually demonetized silver and wrecked the finances of millions, allowing concentration of wealth in the hands of gold holders! It of course stemmed from the Bank of England and its subversive lobbying of Congress during 1872!
“SILVER ENJOYS A PRESTIGE OUT OF PROPORTION TO ITS IMPORTANCE.”---“Unimportance Of Silver,” World’s Work, N.Y., August 1931, page 21, by prostitute economist Joseph S. Lawrence, member of anti-silver American Economic Association, financial writer for New York Herald Tribune; owned by Ogden R. Reid (1882-1947) a director of Harriman National Bank, second generation Pilgrims Society member whose father was Ambassador to England---
His sons Whitelaw Reid and Ogden R. Reid became Pilgrims Society members; both members of Book and Snake Society of Yale; Whitelaw ran the publishing empire and was a member of the U.S. National Commission for the United Nations Educational, Scientific & Cultural Organization (UNESCO); Ogden was Ambassador to Israel (1959-1961), director of Massachusetts Mutual Life Insurance; trustee of the (British front) Atlantic Council of the U.S.; Congressman from New York, 1963-1975, during which critical period he voted for everything the Silver Users Association wanted. On July 14, 1965, Ogden Reid, Republican from New York, voted for the Coinage Act of 1965, terminating 90% silver coinage.
The New York Times, October 11, 1931, page 3, reported that the United States delegate to the Pan American Union opposed that organization’s proposal for a world conference on the monetary rehabilitation of silver. The Pan American Union, now known as the Organization of American States, represented silver producing nations in the Southern part of the Western hemisphere. All American delegates to international conferences are subject to the orders of the Secretary of State. Henry Stimson of The Pilgrims Society actively opposed an international conference for restoration of silver money! The reason; the Society included those in control of central banks, who worked to send silver into the toilet, and to lower gold reserve requirements eventually to zero!
Stimson’s mentor was Pilgrims Society member Elihu Root, called "the most brilliant administrator in American history" who assisted Pilgrims Society member, Crown loyalist Andrew Carnegie set up the astonishingly virulent Carnegie Foundations, which, like the Rhodes Trust, the Rockefeller, Mellon, Ford and other foundations, are administered by Pilgrims Society members.
Viscount Simon, Pilgrims Society of Great Britain, was Foreign Secretary, 1931-1935 and played his role in dumping Indian silver onto world markets, causing the Great Depression; afterwards he became Chancellor of the Exchequer---
"THE DEMONETIZATION OF SILVER BY ENGLAND, DUMPING INDIA’S SILVER ON THE MARKET BROUGHT ON THE WORLD DEPRESSION."
---New York Times,
April 25, 1933, page 16.
The December 28, 1932 New York Times, page 25, featured “South Africa Notes Off Gold Standard,” with subtitles, “Treasury Gives Reserve Banks Right to Refuse to Redeem in Sovereigns” and “Gold Export Is Curbed” and “Restrictions Will Seek to Prevent Further Hoarding and Flight of Country’s Capital”---
“Pretoria, South Africa---SOUTH AFRICA, THE GREATEST GOLD PRODUCING COUNTRY IN THE WORLD HAS VIRTUALLY ABANDONED THE GOLD STANDARD. This was the purport of an official statement issued by the Treasury tonight relieving the Reserve Bank from responsibility for redeeming notes in gold. Powers for this action were taken under emergency financial regulations passed by Parliament last year.”
The move against gold convertibility was made by The 6th Earl of Clarendon (George Herbert Hyde Villiers), Pilgrims Society of Great Britain, member of the Privy Council to the Crown and the House of Lords who was British Governor General of South Africa, 1931-1937---
His grandfather was a three term Foreign Secretary; his father was a member of Parliament and the Privy Council to the Crown; his grandfather was the 3rd Earl of Normanton, member of Parliament. The British led attack against silver was followed immediately by an attack on gold, with their Pilgrim Partners Franklin Roosevelt and Henry Morgenthau Jr. screwing Americans out of gold just as soon as FDR invaded the White House with his diabolical, demonized presence. The Pilgrims Society of London and New York, the fiat World Money Power, opposes silver and gold as money and ownership thereof by the public, even if treated only as commodities! When the present synthetic system they imposed fails, they’ll offer as a “remedy” the taking of precious metals from We The People a second time! Making others aware of their existence and operations is the best way to frustrate their intentions!
Charles Dawes, Pilgrims Society, authored the Dawes Plan under which German currency was reorganized after the 1923 Weimar hyperinflation debacle into the "Rentenmark," the new paper currency was allegedly "backed" by all the land in Germany. Dawes, a natural gas magnate, became Ambassador of England, 1929-1932 and was tapped to head the $2 billion Reconstruction Finance Corporation in 1932. The RFC had huge manipulative gold activities (evidence is in numerous New York Times news stories, I hope to review when time allows; for example, November 7, 1933, page 37 "RFC Gold Buying a Substantial Sum but Keeps Total a Secret") ---[YEAH THIS IS THE POND SCUM,who had a huge hand in Conjuring up Hitler,his plan is broken down in Part 4 of Conjuring Hitler,that I am reading at this time and will have up some time this week DC]
In 1925 Dawes won the Nobel Prize with Sir Austen Chamberlain, Pilgrims Society, silver suppressor. Dawes authored "The Banking System of the United States" in 1892 and organized Central Trust Company of Illinois in 1902. Dawes was director of the Bureau of the Budget in 1921 and tremendous quantities of war related products and machinery was “auctioned” to such as Andrew Mellon for pennies on the dollar.
Dawes, vice President of the U.S., 1925-1929, became Ambassador to Britain till 1932 and was inducted into the Order of the Bath, tracing back centuries to a time when military leaders acting for the Crown would take a ceremonial bath after dispatching the King’s enemies.
Adolph Augustus Berle Jr., Pilgrims Society, was special counsel to the covert gold dealing Reconstruction Finance Corporation, 1933-1938, helped found the St. Lawrence Seaway and the International Civil Aviation Organization and was Ambassador to Brazil, 1945-1946. The New York Times, November 1, 1933, page 10, described Berle as “a member of the Brain Trust and one of those formulating President Roosevelt’s program.” The story also mentioned Rexford Tugwell as part of FDR’s “Brain Trust;” Tugwell later surfaced as a Pilgrims Society member with a long list of connections. Members of The Pilgrims have guided our national destiny to our immense detriment for over a century; but they won’t release a membership roster, as they do indeed have an overwhelming number of manipulations to hide---they want us to believe it’s all happened by random chance! Berle was a member of American delegations to international conferences in Argentina, Peru and Cuba---
Albert H. Wiggin, Pilgrims Society, organized Bankers Trust Company and in 1917 became chairman of Chase National Bank, in which he was instrumental in bringing in members of the Rockefeller family as investors. Wiggin appeared on over seventy (70+) corporate boards, including such large entities as General Motors, Westinghouse Electric, B.F. Goodrich and Newmont Mining. Wiggin was a delegate to the Pan American Financial Conference of 1915, where monetary silver was ignored. He was a member of the anti-silver money Bankers Club of America. He sold short shares of Chase, netting over $4 million in that deal alone, which was set up via a Canadian entity to be tax free http://en.wikipedia.org/wiki/Albert_H._Wiggin ---
The New York Times, April 25, 1934, page 4, brazenly contradicted itself first by saying “Banks have no interest in the price of silver” and in the same story stating “The Chase National Bank has had important relationships with the silver markets in many countries, including the Far East.”
Wiggin was treasurer and trustee of the Theodore Roosevelt Memorial Association (Who’s Who, 1942, page 2339).