FEDERAL UNION—WHAT IS IT?

Bay of Plenty Beacon, Volume 5, Issue 3, 14 January 1942, Page 4

FEDERAL UNION—WHAT IS IT?

Sir, —In my last article I referred ot our Banking System and its reationship to the. Federal Union of Sanks. I would now refer to the conlection of Federal Union and its ■onnection with the banks. I refer o an article in your valuable paper lated 30/12/41 entitled "Federal Unon." The Auckland farmers are by 10) means convinced that a Federal Parliament embracing the United states of America and the British 2m pi re would bring this war ?d world to a state of peace, vould like to endorse the remarks >f their Union President, Captain Rushworth. I have before me an article entitled "Federal Union —Victory and lasting Peace," written by the chairman of Federal Union (New Zealand). He puts forward five cardinal points which would have to be signed to incorporate us in this big scheme of financiall bondage, all l sovereign rights would be denied us, and the last link of economic serfdom wciukl be forged. Here are the Eive bonds of submission you are asked to sign (Verbatim). (1) The right to grant citizenship. (2) The right to make war ,or peace, to negotiate treaties, and otherwise deal with the outside world. (3) The right to regulate Interstate of Foreign trade. (4) The right tot coin and issue money and fix other measures. (5) The right to govern communications, to operate the postal, and regulate, control, and operate other : [nter-state communication services. Citizens and fellow countrymen? tve can forge the links of International Brotherhood without the dies tatorship of an autocratic state and J federal banking. Future events may demand of you a poll! Which will you vote for—your own sovregnty and monetary reform (Social Credit) of Federal Union with financial dictatorships. Mr MicKenna, addressing a meeting of the shareholders of the Midland Bank on January 25, 1924, says: "I am, afraid the ordinary citizen will not like to* be told that banks do create money, and destroy money'* And later in the same address "And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the distinies of the peo- • pie." Under what policy is our Government? Well, we do not know, or if do we? Perhaps Mr Nash may be able to enlighten us—later! Yours etc., W. BRADSHAW.