The labor journal. [volume] (Everett, Wash.) 1909-1976, 1922-01-13
HENRY FORD SHOWS HOW +.
TO STOP WAR BY CUTTING
OUT THE MONEY LENDER
Says Government Has to Pay 120 Per Cent In
terest for the Use of It's Own Money
In 30 Years

changes in world finance and bank
ers always oppose changes
81 can't see the connection" ] said
"between a river in Alabama and
the elimination of war"
But there is a connection" Mr..
Ford answered. And then abruptly:
you don't want war, do you? Of
course not. If you ask your neigh
Dor, you'll find he doesn't want war,
and his neighbor and the family next
to him feel the same way.
"And if you went out and knocked
at every door along every street and
road in the world, you'd find every
grown man and woman in the world
giving the same answer: No, no,
God save US from war Then, if
all the families in the world are op-
posed to war, why, in the name of
Heaven, do we have wars-did that
question ever occur to you? Well,
there's a reason. Theses profit in
war. | don't mean moral profit or
increased religious interest or spir-
itual uplift, through trial by fire,
nor any of that kind Of bunk-it's
money profits | mean, profits in gold
that's the one and only reason for
wars"
"Would you destroy all the gold in
the world and prohibit mining any
more?"
"Not at all-you don't get me yet
Gold as a metal is all right. 1t is
not as useful a metal as many 9th
er metals, but there are arts in which
it is useful-don't destroy an ounce,
keep it for the arts and industrial
uses. But it has this distinction from
copper, steel and other metals-it is
scarce. Hence, through its scarcity
it has acquired a fictitious value for
beyond its value as a useful metal.
The peoples of the world made a
mistake, which has cost them gener-
ations Of financial slavery, when they
consented to make gold a 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 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 today control
the bulk of the worlds gold supply.
No matter to what country they, as
individuals, 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, make
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 is to
create a great demand for it in the
form of loans-but always of cur
rency in lieu of gold. And the way
to make a tremendous demand for
loans at any rate of interest the
money sellers want to dictate is to
create q war.
with the international bankers
the fastering starting and fighting
Of a war is nothing more nor less
than creating an active market for
money-a business transaction. If
the different countries of the inter
national groups are at war-that
makes no difference, no matter who
loses the war there have been a
always wins. The young men from
Is to 80 fight the war and are
manned or killed; the International
lists are safe and prosperous.
Continued on page FOUR