The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1922-01-19

dustrial uses. But is has this dis
tinction from copper, steel and other
metals-it is carce Hence, through
its scarcity it has acquired a fictitious
value far beyond its value as a use
full metal.
The peoples of the world made a
mistake, which has cost them gen.
~erations of financial slavery, when
they consented to make gold the
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
whole world-its total supply can be
controlled, can be got under the dom
nance of the n interest or group
of interests, and thus the currency
and capital of the whole world con-
troled.
"And just exactly that thing has
happened. There's a group of in
ternational bankers who today con-
troll the bulk of the worlds gold sup
ply. They have their members of
their agents in every country. No
matter to what country they, as in
dividuals, 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 moth
ing-they must keep it turning, max
ing a profit, or lose its control.
Peace times with stable conditions
do not turn it fast enough. The
way to make it work hard and often
S to create a great demand for it in
he form of loans-but always of
in lieu of gold. And the
to make tremendous demands
or loans at any rate of interest the
money sellers want to dictate is to
.reate a war.
"With the international bankers
he fostering, starting and fighting
f a wal is nothing more or less than
reating an active market for money
"a business transaction. If the diff
erent countries of the international
are at war-that makes no
i~ference, no matter who loses the
ar there have been a great many
,ans-the gold system always wins.
he young men from Is to 80 fight
le war and are MANNED or killed
internationalists are safe and
:
"Ten year e. I said l intended s
put every ounce of brain and en- :
gy in me to stopping war. | never :
cant anything more earnestly, and !,
ats why | want Muscle Shoals. | !
e a way which, if it can be done, :
II do more to end war than a I
ousand years of agitation. :
''The essential evil of gold, in its d
lation to war, is the fact that it '
n be controlled. Break the control v
d you stop var And the single .
~ to break control of these inter '
ltional bankers, the way to end s.
cir exploitation of humanity for s.
ler, is to remove gold as a basis Q
r the currency of the world. q
"What did they do a hundred a
airs ago without any gold stand t
d? The idea of gold as a money D
sis is nothing more nor less than D
conception of international bank a
$. They knew that if they could pl
gold by law as the basis of m
rrency they could then control the 81
,ital of the world by combining to
ltrol the worlds gold" tn
what have you to substi- N
e?" | asked. bJ
That is where Muscle Shoals
mes in, said Mr.. Ford. ARMY en- ca
GERS say it will take $3O,0oo,ooU 10
complete the big dam. But Con- m'
SIS is economical just now n not ee'
a mood to raise the money by SCI
The customary ~alterna-
is 3O-year bonds at a per cent Cd
!, United Gtetee, the greatest gov CIT
ment in the world, wishing a
ky 100000 0O to complete a
at public benefit, is forced to go to
he money sellers. ma
At the end of 80 years the Gov to
not only has to pay back d.,
$30,00O,0 900, but it has to pay Ca
per cent interest, literally it has