Vernon Parish Democrat., 1922-02-09
Why Henry Ford Wants
the Muscle Shoals Plant

fictitious value far beyond its value as
useful metal.
The peoples of the world made a
mistake, which has cost them genera
tons of financial slavery, when they
consented to make gold basis for the
issuance of currency. They failed to
see that, because gold is scarce-there
is only about ten billion dollars worth
OF it in the world-its total supply can
be controlled, can be got under the
dominance of the one interest or group
of interests, and thus the currency and
capital of the whole world controlled.
And just exactly that thing has
happened. There's a group of inter
national bankers who to-day control
the bulk of the worlds gold supply
No matter to what country they, as in
dlvlduals, claim allegiance, they all
play the same game, to keep the gold
they have, in their own hands-and to
get just as much more as possible.
But, having gained control of the
worlds gold, it has become a curse to
them. Hoarded gold earns nothing
they must keep it turning, making a |
protlt, or lose its control. Peace times
with stable conditions do not turn II
fast enough. The way to make it
work hard and often is to create a
great demand for it in the form of |
loans-but always of currency in lieu
OF gold. And the way to make tre-
mendous demand for loans at any rate
OF interest the money sellers want to /
dictate is to create war.
With the international bankers, the |
fostering. starting and fighting of war
is nothing more or less than creating
an active market for money-a busi-
ness transaction. IF the different coun-
tries OF the International groups are at
war-that makes no difference, no (
matter who loses the war there have
been great many loans-the gold
system always wins. The young men
from Is to 80 fight the war and are
manned or killed; the internationalists
manned or killed; the international
bankers are safe and prosperous.
Ten years ago | said | intended to
put every ounce of brain and energy
in me to stopping war. | never meant
anything more earnestly, and that's
why want Muscle Shoals. | see
a way which-if it can be done-will
do more to end war than a thousand
years Of agitation.
The essential evil of gold, in its re-
alton to war, is the fact that it can be
controlled. Break the control and you
top war. And the single way to break
he control of these international bank
srs, the way to end their exploitation
# humanity forever, is to remove gold
rs basis for the currency of the
world.
What did they do hundred years
lgo without any gold Standard The
dea of gold as a money basis is moth
ng more nor less than conception
# International bankers. They knew
hat if they could establish gold by
aw as the basis of currency they could
hen control the capital of the world
" combining to control the worlds
old"
But what have you to-substitute2"
asked.
THAT is where Muscle Shoals comes
n" said Mr.. Ford. 'rArmy engineers
ay it will take $30,0OO,OO0 to COM
'lete the big dam. But Congress is
economical just now and not in a mood
0 raise the money by taxation. The
alternative is 30-year bonds
t 4 per cent. The United States, the
reatest government in the world, wish
lg a pesky $30,OOO,OOO to complete
great public benefit, is forced to go
D the money sellers.
AT the end Of 80 years the Govern
lent not only has to pay back the
100000, but it has to pay l2O per
ent interest, literally has to pay $685.
100000 for the use of $30,000,000l
or 3 years. And all the time it is
he Governments own money. The
money sellers never created it; they got
from the Government originally.
he Government first gave credit, and
hen must pay for the use of what it
ave.
Think of it; could anything be
nore childish, more unbusinesslike?
Now, see way by which our gov
can get this great work com
,leted without paying a nickle to the
money sellers. It's so sound as gran
te. and there's just one thing hard
bout it: it's so simple and easy that
naYbe some folks cant see il.