How Benjamin Franklin Made New England Prosperous

anthony @ 12:50 BST

The following historical story is taken from a radio address given by Congressman Charles G. Binderup of Nebraska, some 50 years ago and was reprinted in Unrobing the Ghosts of Wall Street:

Colonies More Prosperous Than The Home Country

“There was abundance in the Colonies, and peace was reigning on every border. It was difficult, and even impossible, to find a happier and more prosperous nation on all the surface of the globe. Comfort was prevailing in every home. The people, in general, kept the highest moral standards, and education was widely spread.”

When Benjamin Franklin went over to England to represent the interests of the Colonies, he saw a completely different situation: the working population of this country was gnawed by hunger and poverty. “The streets are covered with beggars and tramps,” he wrote. He asked his English friends how England, with all its wealth, could have so much poverty among its working classes.

His friends replied that England was a prey to a terrible condition: it had too many workers! The rich said they were already overburdened with taxes, and could not pay more to relieve the needs and poverty of this mass of workers. Several rich Englishmen of that time actually believed, along with Mathus, that wars and plague were necessary to rid the country from man-power surpluses.

Franklin’s friends then asked him how the American Colonies managed to collect enough money to support their poor houses, and how they could overcome this plague of pauperism. Franklin replied:

“We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”

Thanks To Free Money Issued By The Nation

His friends could not believe their ears, and even less understand this fact, since when the English poor houses and jails became too cluttered, England shipped these poor wretches and down-and- outs, like cattle, and discharged, on the quays of the Colonies, those who had survived the poverty, dirtiness and privations of the journey. At that time, England was throwing into jail those who could not pay their debts. They therefore asked Franklin how he could explain the remarkable prosperity of the New England Colonies. Franklin replied:

“That is simple. In the Colonies, we issue our own paper money. It is called ‘Colonial Scrip.’ We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one.”

The Bankers Impose Poverty

The information came to the knowledge of the English Bankers, and held their attention. They immediately took the necessary steps to have the British Parliament to pass a law that prohibited the Colonies from using their scrip money, and then ordered them to use only the gold and silver money that was provided in sufficient quantity by the English bankers. Then began in America the plague of debt-money, which has never since brought so many curses to the American people.

The first law was passed in 1751, and then completed by a more restrictive law in 1763. Franklin reported that one year after the implementation of this prohibition on Colonial money, the streets of the Colonies were filled with unemployment and beggars, just like in England, because there was not enough money to pay for the goods and work. The circulating medium of exchange had been reduced by half.

Franklin added that this was the original cause of the American Revolution – and not the tax on tea nor the Stamp Act, as it has been taught again and again in history books. The financiers always manage to have removed from school books all that can throw light on their own schemes, and damage the glow that protects their power.

Franklin, who was one of the chief architects of the American independence, wrote it clearly:

“The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.”

This point of view of Franklin was confirmed by great statesmen of his era: John Adams, Jefferson, and several others. A remarkable English historian, John Twells, wrote, speaking of the money of the Colonies, the Colonial Scrip:

“It was the monetary system under which America’s Colonies flourished to such an extent that Edmund Burke was able to write about them: ‘Nothing in the history of the world resembles their progress. It was a sound and beneficial system, and its effects led to the happiness of the people.’”

John Twells adds:

“In a bad hour, the British Parliament took away from America its representative money, forbade any further issue of bills of credit, these bills ceasing to be legal tender, and ordered that all taxes should be paid in coins. Consider now the consequences: this restriction of the medium of exchange paralyzed all the industrial energies of the people. Ruin took place in these once flourishing Colonies; most rigorous distress visited every family and every business, discontent became desperation, and reached a point, to use the words of Dr. Johnson, when human nature rises up and assets its rights.”

Another writer, Peter Cooper, expresses himself along the same lines. After having said how Franklin had explained to the London Parliament the cause of the prosperity of the Colonies, he wrote:

“After Franklin gave explanations on the true cause of the prosperity of the Colonies, the Parliament exacted laws forbidding the use of this money in the payment of taxes. This decision brought so many drawbacks and so much poverty to the people that it was the main cause of the Revolution. The suppression of the Colonial money was a much more important reason for the general uprising than the Tea and Stamp Act.”

Today, in America as well as in Europe, we are under the regime of the Scrip of the Bankers instead of the scrip of the nation. Hence the public debts, everlasting interest charges, taxes that plunder purchasing power, with the only result being a consolidation of the financial dictatorship.

There is only one cure for America’s ultimate financial collapse and that is for Congress to exercise Clause 30 of the “Federal” Reserve Act, buy the outstanding shares of stock, shut down this unconstitutional system and sell off their assets to reimburse the people of this nation for this unspeakable theft of their wealth. This is the first installment of postings on this issue, new ones will be put up as soon as manpower allows.

Copyright © 1941 by Congressman Charles G. Binderup

BINDERUP, Charles Gustav, a Representative from Nebraska; born in Horsens, Denmark, March 5, 1873; when six months old immigrated to the United States with his parents, who settled on a farm near Hastings, Adams County, Nebr.; attended the county schools and Grand Island (Nebr.) Business College; engaged in agricultural pursuits near Hastings and Minden, Nebr., and also in the mercantile and creamery business at Minden, Nebr.; elected as a Democrat to the Seventy-fourth and Seventy-fifth Congresses (January 3, 1935-January 3, 1939); was an unsuccessful candidate for reelection in 1938 to the Seventy-sixth Congress and for election as an Independent in 1940 to the Seventy-seventh Congress; organized and was active in the Constitutional Money League of America in Minden, Nebr., until his death; died in Minden, Nebr., August 19, 1950; interment in Minden Cemetery.

anthony @ 12:21 BST

Yesterday, nihilist23, a 23 year-old Michigan (US), who joined Digg on September 6th, submitted the following post, Benjamin Franklin, the real cause of the Revolutionary War: Central Banking, under the topics, News » World & Business » Political Opinion, its source, 21stcenturycicero.wordpress.co…, followed by the quotation:

“The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.”

As of today, the post has received 922 diggs and 179 comments on digg, some humorous, such as “The Boston Tea Party was an inside job!”, “Who is this Ben guy anyways, some sort of conspiracy theorist?”, “Incoming Ron Paul spam detected….”, “That Ron Paul is as crazy as Benjamin Franklin, Thomas Jefferson, and Andrew Jackson. I’d love to be that crazy. RON PAUL 2008!!!”, others more serious, some quoting Thomas Jefferson, Abraham Lincoln and Samuel Adams, some recommending books, such as “The Creature From Jekyl Island“, or videos, such as “The Money Masters“, and some highly informative, in particular one by hiphoc, which I have quoted below.

Now, 21stcenturycicero.wordpress.com is the url of a little-known blog, Friends of the American Revolution, a multi-page, static blog devoted to a number of themes related to the American Revolution, such as Friends, Fraud (Central Banking and the Federal Reserve), Tyranny, Documents, JFK, Oil, War, Peace, People, Events, and the ideals for which the Revolutionaries fought, and is familiar to a small number of visitors to this site (See Favorite Blogs, right).

Normally, Friends of the American Revolution, a blog set up by a British friend of the American Revolution deeply concerned at the way in which the freedoms for which the American Revolutionaries fought and died for are being eroded by tyrannical legislation, and who follows in the footsteps of such eighteenth century British friends such as Charles James Fox, Charles Lennox, Third Duke of Richmond, Coke of Norfolk, Edmund Burke, and Sir George Savile, receives between 30 and 290 views a day.

Yesterday, however, as a result of the post on digg, Friends of the American Revolution received a staggering total of 9,160 views, the article in question (original title, How Benjamin Franklin Made New England Prosperous), receiving 7,779, and was consequently flagged up on http://popurls.com/, del.icio.us/popular, and doggdot.us. This in turn drove up the volume of traffic, making the statistics graph resemble a map of Cape Cod.

In addition, Friends of the American Revolution was catapulted from between the 54th and 67th positions which it normally enjoys on blogtoplist to FIRST in the political category and 23rd in all categories!

The success of Friends of the American Revolution continues unabated, having received 2,235 views as of 11:05 BST today, the article in question having received 1,791, the traffic continues to grow on a minute-by-minute basis and it remains in first position on blogtoplist in the political category.

A few weeks ago, Dr. Nasir Khan (Sudhan) sent me a link to the highly informative, but somewhat partisan (Democrat), article, Bringing Down a Tyrant, by Norman D. Livergood. As a kind of corrective to Livergood’s adulation of Woodrow Wilson, who signed the Federal Reserve Act of 1913 into law and took his country to war, and Franklin D. Roosevelt, who provoked the Japanese into attacking at Pearl Harbor, I sent him links to A Talk by Edward Griffin: Author of The Creature from Jekyll Island, Griffin being the author of The Creature from Jekyl Island, and Do Freedom of Information Act Files Prove FDR Had Foreknowledge of Pearl Harbor?. Last weekend he replied, saying that both articles were an eye-opener and suggesting that I post the Griffin talk on Suzie-Q. This I have not done on this occasion, but due the interest aroused in the article on Benjamin Franklin I am posting this article instead.

hiphoc’s comment

True, Lincoln had the same issue. “I have the Confederacy before me and the bankers behind me, and for America I fear the bankers most.”- Lincoln

The bankers came to Lincoln with 25-30% interest on loans for the war… Lincoln said nope, and started printing greenbacks. Kennedy signed Executive Order 11110 to print greenbacks…. We know what happened to both those guys. Most people reading this go to work and do what their bosses tell them to do. Why? He signs the paycheck and allows them to eat and pay rent. The FED signs the check for the govt.. So guess how is running shit. Is Federal Express part of the govt? Is the Federal Reserve part of the govt? The answer is no to both. Not only do we have a Central Bank running the US, the bank is private and owned by the Rothschild and a few other families that divide our federal tax dollars.

The Grace Commission that was put together by Reagan stated that not 1 penny of our tax dollars go to running the govt. All that money goes to the private Fed. So this means the IRS is a private collections agency that works for a private bank. Neato huh? The IRS is incorporated in Pueto Rico. You wonder why Pueto Rico is not a state and they cannot gain independence? Its about more than just a bombing range folks. Its about having the IRS as an off shore company with the attending benefits.

Taxes are a way of controlling us. Karl Marx was asked about what would be the first thing he would do if he was to start from scratch and build a communist country… Marx said the first thing he would do is set up a Central Bank and take control of the economy, 2nd would be to set up a graduated income tax. Do we have those things set up here? Having the government print money that only increases as production increases is real freedom.

We have divorces because of money, kids go to college or go to work at McDonald’s because of money, many women choose who and when they will marry due to money, families are broken up because of money. EVERYTHING WE DO, SEE READ, HEAR OR INTERACT WITH is influenced by money. Money should not be controlled by a private family. The Rothschild family one of the owners of the FED are worth nearly 400 TRILLION dollars. And this was estimates in books written in the ’60s. The govt with the influence of the banks has banned gold, silver from being used as money (PATRIOT ACT banned bartering) so we are forced to use the DEBT NOTES, not SILVER CERTIFICATES as mandated by the constitution. But the Constitution is just a god damn piece of paper right?

One last thing, the banks that run the economy will give loans only to people who support their ideas. Every wonder how Murdoch can get all that money to buy up news papers? They loan money only to scientists, industry and governments that will do what they say. Sorry for being too long. But the economy is about to collapse and I wish people would wake up. When the riots start we need to head to the local Federal Reserve bank head quarters.
http://www.michaeljournal.org/lincolnkennedy.htm
http://www.geocities.com/tthor.geo/debasedmoney.html

Also please do your own research ask questions, tell others.