OBVIOUS FACTS

Bay of Plenty Beacon, Volume 7, Issue 21, 5 November 1943, Page 4

OBVIOUS FACTS

Sir, —The people of New Zealand would be avc 1L advised to ascertain just where members of Parliament stand on the question of gold .standard money, and; the reform of credit generally. Do they know that the Federal Reserve Bank of the "United States .(a private organisation) owns 5)5 per cent, of the world's gold, revealing the complete domination of Wall Street over the headquarters of international finance. Stress must therefore, be laid on a recent statement in which gold has been assigned an important place in post-war mechanism for clearing debts between' countrys. How can it clear other country's debts, when it is owned by one Nation? It is a plan to capture the world's markets, in other words to corner them! If the Wall Street hicrarcli3 r cannot get federal union politieaMjv it will try to tie the nations up in trade agreements on the pretext of assisting less favoured nations. Do the free nations of the British Commonwealth realise the significance of this? Reduced to plain words it is this —the Federal Bank reserve system, a private association of private bankers which also control the United, States treasury, and which owns the hulk of the world's gold—is saj'ing: "Any trading you want to do overseas; any surplus you want to sell or want to buy will only be possible by recognition of the gold standard; that your currencies must in the. postwar era, not be based; on goods you can produce, but must be anchored to a gold base; that the old financial order, is using the world's absorption with the business of winning the war., to clamp down a rigid human bondage!" We the people of this country must be alive; to the sabotage of our rights to national freedom and control of government and demand our rights through our Members of Parliament if they are not already in a servile state To quote from C. G. Dobbs in his peom 'Against the New Order" We who in the ashes dwell Want no planned; or ordered Hell* Fight, no wars to be policed When the bombs and lires have ceased ; Life's too previous far to give For any freedom b%t to 'live." Yoifcs etc X W. BRADSIIAW,