0. 5 (I2)

that both his front name and the family one are different/ and that Pound
is not t/ just another new arrival. Let us take a few lines from
the "Belvedere" review, March 1931 from an article by Francesco Monotti
scraps which may serve our purpose very well. Monotti himself as student
and translatorisnt just anybody; nor has the interview of ten years ago
lost its flavour. He ,in 1931, wrote in an interview with Pound:

Ezra Pound, undoubtedly the greatest living american poet,
is gifted with a prodigious activity. AS well as his many volumes of verse
, from "A Lume Spento" published in 1903, when he was barely twenty up to
"Quia Pauper Amavi" he has written a great number of books of stories
criticsm, studies on the most disparate subjects, an opera,"a song-drama"
given in Paris in 1926. He has also been chief element in the formation
vfrtioisthoaas integrat,artistic which have been famous as world-
and influence
vorticists and imagists. T.S.Eliot and James Joyce are among the best-
known writers who owe to him their first recogniti n and the push bringing
them into the light

O. (18)

Poisoned Water pipes.

It appears to me the dangers are not sufficiently noted. The fundamental idea of correspondance with foreign countries, of collaborating with other countries, creating cultural axes, is all to the good, but passes over the obstacles without looking at them.

Every thing, or nearly every piece of printed matter entering from abroad, is already coloured. The printed matter you receive has already been chosen by the enemy, deliberately, and only partly unconsciously. These people hate everyone who wishes to damage their monopoly. But above all these people are absolutely, totally, entirely hundred per cent incapable of either understanding or wishing tofor, a new form of mentis

It took me thirty years of life in Europe to understand how my nation and my country was created.

The teaching of history in nearly all the universities in the world is upsidown, and as stupid as possible. The men who have understood history have studied in another direction. That is to say, they interested themselves in the past because they were primarily interested in events of to-day. They were up-to-date, They wished to understand what is happening to-day, and hunting the causes of the effects of what is now taking place, they then looked for the symptoms in the historic process and found parallels in the past. The inefficient go immature to the grave. They have read history without understanding, and then, trying to conform to a model, they have failed in life or in administration, because being half blind to the contingencies.

History has been written 95% without looking at the economic causes. Prof. Thayer managed to write 1200 pages of his Life of Cavour with only one page devoted to economy.

I ask patience for my prologue. We are not yet acquainted, and I must present my credentials, if not from the beginning, at least as far back as my grandparents

O. 2 (19)

Which does not mean that the historic process begins with the leopoldine
reforms, but I dont think one can present only one slice of this process,
making it look thinner. Certain ideas developed in Tuscany in the middle of
the eighteenth century and they were not foreign to the formation of the
United States. From 1813 Adams marvelled at the lack of interest of his fellow-
countrymen in the study of the system or systems of government. My curiosi-
ty aroused by the events of the year IV E.F. and getting deeper into the
development of the quindicennio, I was thrust more perhaps than any other
American into the study of the history of my own country...

I dont know how much this can interest a nucleus of italian
writers, but it has interest for any italian desiring better intercom-
munication and mutual understanding between the two nations,

Neither Italy nor 99% of my countrymen has the least idea of the
disintegration American, that is the disintegration of the system thought
out by the American Fathers. I would date this from the year 1866.

Very few know why the constitution of John Adams has continued been
active from 1789 until 1866, and still is in theory, though more and more
betrayed and with growing unconsciousness and villainy. Frankly, I don't
believe at the present moment there is any American deputy of forty who
understands the contents of that document. If he did, 95% and per-
haps more) of the prejudices against the totalitarian states would fall away

The real enemy is the impenetrable, obtuse, black ignorance,
Jefferson, when he succeeded in governing, acted very much as Mussolini.
But
Adams corner-stone of the United States, had already written in private
letters, certain truths which I had myself seen to be indispensable, before
knowing those letters. Adams proclaimed a system for America without pre-
suitable
tending it would be good for any European nation s. Jackson and Van Buren

Jeffersonians, perhaps unconsciously were much better follow-
ers and disciples of Adams.

) 0. 3 ( 20)

for
As I cant f/ at the moment aim at educating the Americans all at
once, I would advise you to think up some system to get in touch, some
possibility means of being heard by a majority of men of good will
There are two very useful books: Christopher Hollis"The two Nations" and
New American History " by W.E.Woodward.

This brings me to the subject or rather the theme of this little
article.. The pipe-lines, or by analogy with oilconduits so much talked
of in these days, the "literature pipes" are poisoned..

The books and / magazines coming to Italy from America and Eng-
land, come through the commercial conduits No book comes out in the Tauch-
nitz or Albatrosseditions which has not already been commercialized, that
is to say, authorized by the worst enemies of the race. The stimulus of
profit is the only one reigning in this most damned empire. ( concern)
When the material censorship for the putting out of a book has permitted
a given piece of "ersatz"literature / to circulate, when an author is
judged has been proved innocuous to the monopolists, when Smith and Son sh
show a magazine on their station bookstalls in the United Kingdom (monopoly
like that of Hachette in France) those with the best circulation or a
certain number of those with sales of over 5000 copies, are allowed to th
goto t
Press and the continental bookstalls.

(18)

Poisoned Ductility Water pipes.

It appears to me the dangers are not sufficiently noted. The fundamental idea of correspondence with foreign countries, of collaborating with other countries, creating cultural axes, is all to the good, but passes over the obstacles without looking at them.

Every thing, or nearly every piece of printed matter entering from abroad, is already coloured. The printed matter you receive has already been chosen by the enemy, deliberately, and only partly unconsciously. These people hate everyone who wishes to damage their monopoly. But above all these people are absolutely, totally, entirely, one hundred per cent incapable of either understanding or wishing to be told a new form of reality.

In the teaching of history in nearly all the universities in the world is upsidedown, and as stupid as possible. The men who have understood history have studied it in another direction. That is to say, they interested themselves in the past because they were primarily interested in right events of to-day. They were up-to-date, they wanted to understand what is happening to-day, and they were looking for the causes of the effects of what is now taking place, they then looked for the symptoms in the historic process, and found parallels in the past. The inefficient go immature to the grave. They have read history without understanding, and then, trying to conform to a model, they have failed in life or in administration, because they are half blind to the contingencies.

History has been written 95% without looking at the economic causes. Prof. Thayer managed to write 1200 pages of his Life of Davour with only one page devoted to economy.

I ask patience for my prologue. We are not yet acquainted, and I must present my credentials, if not from the beginning, at least as far back as my grandparents.

0. 2 (19)

Which does not mean that the historic process begins with the leopoldine reforms, but I don't think one can present only *one slice* of this process, *to make* it look thinner. Certain ideas developed in Tuscany in the middle of the eighteenth century and *were not foreign to the formation of the United States*. From 1813 Adams marvelled at the lack of interest in his fellow-countrymen, *in the study of the system or systems of government*. My curiosity was *aroused* by the events of the year IV E.F. and *getting deeper into* the development of the *quindicennio*, I was *thrust* more perhaps than any other American into the study of the history of my own country...

I don't know how much this can interest a nucleus of italian writers, but it *brought to light* an interest *for any italian desiring better intercommunication and mutual understanding between the two nations*.

Neither Italy nor 99% of my countrymen had the least idea of the disintegration of the *system* thought out by the American Fathers. I would date this from the year 1866.

Very few *know why the constitution of John Adams was continued been* active from 1789 until 1866, and *still isn't theory, though more and more* betrayed *with growing unconsciousness and villainy*. *Frankly, I don't believe at the present moment there is any American deputy of forty who understands *the* contents of that document.* If he did, 95% and perhaps more) of the prejudices against the totalitarian states would fall away

The *real enemy* is the *impenetrable, obtuse, black ignorance* of Jefferson, when he succeeded in governing, acted very much as Mussolini. But Adams, corner-stone of the United States, had already written in private letters, certain truths which I had myself seen to be indispensable, before knowing those letters. Adams proclaimed a system *for America* without *suitable* any European nation. Jackson and Van Buren, considered Jeffersonians, *perhaps unconsciously* were much better followers of *Mussolini*, and disciples of Adams.

A. S. (1A)

O. 4 (2I)

A Means of Communication

Your revolution is our revolution. The sooner you understand this,
the sooner you can fight the enormous antifascist prejudice and the enor-
mous weight of american ignorance of all the works and all the constructive
elements of Fascism.

Our forbears fought against t// sanctions, our american history
is glorious from 1750 until 1863; after which it stinks; also it has been
and is most cleverly hidden, to our shame. Only in the last twenty years
a handful of historians, beginning with Beard, has begun search// and
inquest. To be able to communicate with Americans worthy of receiving
nommunication, I invite you to read a few essential lines of american his-
tory.

Why for example England lost her North American colonies?

Listen:

"In 1751 Parliament forbade the emission of paper-money in the c
colonies of New England (with certain exceptions). In 1751 forbade
entirely forbade the emission in all the colonies."

One must understand the significense of these words.

The prosperity of the colonies up to 1750 was notorious. Their
system was that of " representative money" that is to say , the money cor-
responded to the products.

One must consider the system in connection with the contingencies, locality, time, etc. There was need for the products of the earth and an immediate market. It was not "moneytizing the earth" as Hume said. They were moneytizing the work and the known diligence of the colonizers. They were using a kind of Gesellism. That is, Pensylvania lent her paper-money to the agricultural proprietors on the condition they repay in ten years at the rate of 10% per annum.

( With Gesellism the state gets its money back in eight years
and four months)

A certain Twells, a Londoner of the period, says:" At

0. 5 (22)

an awkward moment, the British government forbade the emission of credit checks (money?) depriving it of legal course.... this contraction of the m means of exchange paralized all the industrial energies of the people.

The flourishing colonies fell into ruin."

And so the movement grew, first for reform, then for separation.

After the separation, the american people fought the usurers.

There were betrayals, for example, in the first congress when the nation assumed the debts of the states *after* the speculators had bought, *for nothing*, the pay-certificates of the soldiers( that is, certificates of work done.).

The war raged without stopping, sometimes openly, sometimes in secret. Jackson and Van Buren won for the people. And the social system of Adams and Jefferson lasted until 1862. But when the civil war broke out, the capitalists immediatly betrayed the nation with the *trick clause*. Lincoln thought he was giving the people a national money. The financiers, through their agents in congress, slipped in a clause limiting the legal tender (??) of paper-money. Thus the paper was not valid either for customs importation taxesor for interest on the public debt. The importers were obliged to buy gold from the bankers, and the government itself was had to buy gold from the bankers to pay the intereston the snares, which same bankers piled up fortunes at the expense of the public of the state "Bulls on gold, bears on the union". The bankers played the gold against the state, against *x/a* Lincoln's government, at a moment of supremedanger

The putrid mercantilism definitely won the battle, 25 February 1863 with the National Bank Act. The decadence had set in. Henry James and henry Adams felt ill at ease but did not understand the reason. They knew something was rotten but not what it was.

Willis Overholser, a country lawer, excluded from the big publishing houses, bringing out his own works, tells the chief points of the bank strategy. let's hear it. First Hazard Circular ( inter-bank ) of

1862

O. 6 (23)

"Slavery will be probably abolished by the war. I and my european
wish for means owning friends hope this because slavery implies possession of work, and implies
the responsibility of looking after the workers, while by the european
plan, headed by England, , capital controls work by means of salaries.
wages

The great debt ( which the capitalists are making sure will be
created by the war) ought to be used to determine the quantity of money.
emitted
To attain this end shares must be given out as a base for the banks.
but into circulation

We are waiting for the secretary of the Treasury to advise congress i
in this sense.

We cannot permit the so-called greenback to circulate, because we
keep
cannot have control over them.

But by means of the shares we can control the emission of the banks
All very pleasant? that " we cannot permit"! The

The insurers' plot was taking shape, and the truth was emerging from
the actual correspondance of the bankers. The renowned pronouncement
does with
sometimes attributed to a Rothschild, but which is not originate from them,
but comes from the arch-traitor John Sherman, is to be found in a letter fr
from the Rothschild buisness in London to the wonderful-sounding buisness
of Ikleheimer, Morton, and Vandergould of New York. As follows:

" The few who will understand this system will be either so inter-
ested in profitting by it, or so dependent on its favours, that there will
be no opposition from that class; on the other hand the body great of the
public, incapable of understanding the tremendous advantages that capital d
derives from the system, will bear the burden without complaint, and per-
haps will never suspect that the system is opposed to their interests"

The Rothschilds' curiosity aroused they ask the euphonious
Ikleheimer etc. : "Who is this Sherman?"

Ikleheimer & co. answer enthusiastically that Sherman is a
very go-ahed man. Thus:

O. 7 (24)

"The fact that Sherman reccommends such a project must bear weight.
...etc....We predict that, if his life be spared, he will prove himself the
best friend of the monied interests of the world have ever had in America"

And so it turned out. Please note that the powers or the interest
named are " of the world" not of the United States. And Sherman was buried
without a column commemorating the infamy of his treason betrayal. The
moral and cultural decadence of the United States dates from the National
Bank Act Feb. 25, 1863, lethal injection of virus lueticus. T

The circular of Ikleheimer on the method of setting up the nati
national" banks for the benefit of the (stranglers) special is a veritable
jewel, I7 facets.

Any group " of not less than five persons" buys with money,
which does not of itself carry interest, a quantity of pieces of paper bea-
ring interest at 6% (payable by the people)

Having accomplished this symbolic act, the group was permitted to
print paper money and to lend this, their, paper money to buisness and to
private persons.

The profit( let us say frankly the usury) of this group was
estimated at 28 to 33 %..

One may add that all this is in absolute violation of the
written and legal constitution of the United States, which constitution
specifies that the right is reserved to congress to emit money ( that is to
determine the quantity in circulation in the country) and to determine
the value of the monetary unit and to control foreign exchange. Which Ame
American governments have not done, and neither does the present govern-
ment.

This situation "luetic" contagious started by the National Bank
Act, has gone on getting worse since 1863. It was confirmed under the
administration of damned W.Wilson( codface") and continued under the reign
of the wealthy mercantilist Franklin Roosevelt.

0. 8 (25)

Humanity's fight against the stranglers is your fight, and was the fight of our forebears American, who were conquered. This fight must go on in America. between us. A nucleus of historians, senators, and representatives, is working toward this end.

A swarm of monopolists of the city of London bertayed three million" British subjects" in North America in the 18 th century. A like swarm fought against the American people in 1860, and against Italy in 1936.

Today they tyrannize over the rural population in England. Once upon a time the farmers paid " tithes ", that is a tax payable in kind in agricultural products. Now they have to pay in money, that is in something they can get only from the banks. If the sharks of London did not spare their own citizens on the 18th century, if they do not spare them today, how do you expect them to treat you with more humanity?

When you talk with Americans, try to speak with Southerners or from the West, where the tradition is still strong not quite forgotten of the war between money and agriculture. Do not believe Wall Street is all America.

In May of this year a robust senator (and of Roosevelt's party, not the opposition) said to me of the president "Dont think he changes his mind every day. He's stubborn as a mule, sir, stubborn as a mule! Got the Eastern idea about money". ( that is the mercantilist ).

Vacillating in many things, Roosevelt remains indelibly mercantilist, and the last word has been said on that subject by your Pietro Rota in 1870.

" The system mercantilist rested the happiness of nations on the quantity of money, and this consisted in a clever strategy to rob the greatest possible quantity of money from foreign nations."

Dont think that the magnificent Italian battle of the last fifteen years is the first. When the young men of the United States understand that you are continuing the fight which their forbears carried on to

0. 9 (25)

victory, from 1750 to the day of A.Lincoln's assassination, and even to the
of Andy Jackson, another "A Noi!" will rise.

Therefore communicate! Try to distribute news outside the wire-netting of the newspapers censored and governed by the interests of the insurers and the advertisements of the big stores which depend on the institutions of the banking monopoly.

Your guns ought to be the historic facts of America, and a knowledge of the American historic process.

The first facts you should know are set out clearly in "The History of money in the United States" by Willis Overholser, Progress Publishing Co Concern, Libertyville, Illinois, a pamphlet of 60 pages, price 25 cents.

It merits translation into Italian, and would be much more useful to you than the dilettante writing of Aldous Huxley or the usual sob-stuff writing.

v. 4 (21)

A Means of Communication

Your revolution is our revolution. The sooner you understand this, the sooner you can fight the enormous antifascist prejudice and the enormous weight of american ignorance of all the works and all the constructive elements of Fascism, + if all it has done accomplishment, Our forbears fought against these sanctions, Our american history is glorious from 1750 until 1863; after which it stinks; also it has been and is most cleverly hidden, to our shame. Only in the last twenty years a handful of historians, beginning with Beard, has begun searching and inquest. To be able to communicate with Americans worthy of receiving communication, I invite you to read a few essential lines of american history.

Why for example England loss her North American colonies?

Listen:

"In 1751 Parliament forbade the emission of paper-money in the colonies of New England (with certain exceptions). In 1751, forbade entirely forbade the emission in all the colonies." + connection

One must understand the significance of these words.

The prosperity of the colonies up to 1750 was notorious. Their system was that of "representative money", that is to say, the money corresponded to the products.

One must consider the system in connection with the contingencies, locality, time, etc. There was need for the products of the earth, labor, and an immediate market. It was not "money-tizing the earth" as Hume said. They were money-tizing the work and the known diligence of the colonizers. They were using a kind of Gesellism. That is, Pennsylvania lent her paper-money to the agricultural proprietors on the condition they repay in ten years at the rate of 10% per annum.

(With Gesellism the state gets its money back in eight years and four months)

A certain Twells, a Londoner of the period, says:"At

0. 5 (22)

And so the movement grew, first for reform, then for separation.
After the separation, the American people fought the usurpers.
There were betrayals, for example, in the first congress when the nation as-
sumed the debts of the states after the speculators had bought, for
nothing, the pay-certificates of the soldiers (that is, certificates of
work done.). @ a J. low date

The war raged without stopping, sometimes openly, sometimes in
secret. Jackson and Van Buren won for the people. And the social system of
Adams and Jefferson lasted until 1862. But when the civil war broke out,
the capitalists immediately betrayed the nation with the trick clause. Lin-
coln thought he was giving the people a national money. The financiers,
through their agents in congress, slipped in a clause limiting the
legal tender (??) of paper-money. Thus the paper was not valid either for
customs importation taxes or for interest on the public debt. The importers
were obliged to buy gold from the bankers, and the government itself was
had to buy gold from the bankers to pay the interest on the loans, which while
same bankers piled up fortunes at the expense of the public debt of the state,
"Bulls on gold, bears on the union". The bankers played the gold against
the state, against ?? Lincoln's government, at a moment of supremedanger

The putrid mercantilism definitely won the battle, 25 February 1863
with the National Bank Act. The decadence had set in. Henry James and
Henry Adams felt ill-at-ease but did not understand the reason. They knew
something was rotten but not what it was.

Willis Overholser, a country lawyer, excluded from the big pub-
lishing houses, bringing out his own works, tells the chief points of the
bank strategy. Let's see it. First Hazard Circular (inter-bank) of
1862
Sic.

0. 6 (23)

"Slavery will be probably abolished by the war. I and my european
wish for means owning
friends hence this because slavery implies possession of work, and implies
the responsibility of looking after the workers, while by the european
plan, headed by England, , capital controls work by means of salaries.
wages

To attain this end bonds emitted
shares must be given out as a base for the banks issues
but into circulation

in this sense.
effected

But by means of the shares we can control the emission of the banks
All very pleasant? that " we cannot permit"? The
issue

The usurers' plot was taking shape, and the truth was emerging from
the actual correspondance of the bankers. The renowned pronouncement
does with him,
sometimes attributed to a Rothschild, but which is not originate from them,
but comes from the arch-traitor John Sherman, is to be found in a letter fr
from the Rothschild business in London to the wonderful-rounding business
of Ikleheimer, Morton, and Vandergould of New York. As follows:

" The few who will understand this system will be either so interested in profitting by it, or so dependent on its favours, that there will be no opposition from that class; on the other hand the body great of the public, incapable of understanding the tremendous advantages that capital derives from the system, will bear the burden without complaint, and perhaps will never suspect that the system is opposed to their interests"

Ikleheimer & co. answer enthusiastically that Sherman is a ///
very go-shed man. Thus:

J. 7 (24)

And so it turned out. Please note that the powers or the interest5 named are " of the world" not of the United States. And Sherman was buried without a column commemorating the infamy of his treason betrayal. The moral and cultural decadence of the United States dates from the National Bank Act Feb. 25, 1863, lethal injection of virus lueticus. F

The circular of Ikleneimer on the method of setting up the national" banks for the benefit of the strangers special is a veritable jewel of 17 facets.

Any group " of not less than five persons" buys with money, which does not of itself carry interest, a quantity of pieces of paper bearing interest at 6% ( payable by the people)

Having accomplished this symbolic act, the group was permitted to print paper money and to lend this, their, paper money to business and to private persons.

One may add that all this is in absolute violation of the written and legal constitution of the United States, which constitution was no right issue specifies that the right is reserved to congress to emit money ( that is to determine the quantity in circulation in the country) and to determine the value of the monetary unit and to control foreign exchange. Which American governments have not done, and neither does the present government. Not doing

This situation "luetic" contagious started by the National Bank Act, has gone on getting worse since 1863. It was confirmed under the administration of damned W. Wilson (codface) and continued under the reign of the wealthy mercantilist Franklin Roosevelt.

0. 8 (25)

Humanity's fight against the strangers is your fight, and was the fight of our forebears American, who were conquered. This fight must go on in America, between us. A nucleus of historians, senators, and representatives, is working toward this end.

A swarm of monopolists in the city of London delayed three million" British subjects" in North America in the 18th century. A like swarm fought against the American people in 1860, and against Italy in 1936.

Today they tyrannize over the rural population in England. Once upon a time the farmers paid "tithes", that is a tax payable in kind in agricultural products. Now they have to pay in money, that is in something they can get only from the banks. If the sharks of London did not spare their own citizens on the 18th century, if they do not spare them today, how do you expect them to treat you with more humanity?

When you talk with Americans, try to speak with Southerners or mey from the West, where the tradition is still strong not quite forgotten of the war between money and agriculture. Do not believe Wall Street is all America.

In May of this year a robust senator and of Roosevelt's party, not the opposition) said to me of the president "Dont think he changes his mind every day. He is stubborn as a mule, sir, stubborn as a mule! Got the Eastern idea about money". ( that is the mercantilist idea).

"The system considered not only happy but right, and this consisted in a clever strategy to rob the greatest possible quantity of money from foreign nations."

O. 9 (25)

victory, from 1750 to the day of A. Lincoln's assassination, and even to the
colonization of Andy Jackson, another "A No!:" will rise.

Therefore communicate! Try to distribute news outside the wire-netting of the newspapers concerning and governed by the interests of the insurers and the advertisements of the big stores which depend on the institutions of the banking monopoly.

Your fans ought to be aware of the historic facts of America, and a knowledge of the American historic process.

It is much better to be a fan of the current writing.

0. 10 (26)

STILL DANGER.

I have already warned you that marxist propaganda has been flooding
the United States for eighteen years. In editions of 100,000 (one hundred
thousand) copies the most seductive bits of Trotsky and Co. reaches the
uneducated or little educated( that is the pupils and publics the uni-
versities)and against this you fascisti have done nothing (I add a superla-
tivve) absolutely NOTHING,and we unworthy epigons of the founders of our
republic have done very little. We are only a few dozen and poor in

at that. The mercantilist press etc. swamps us. As soon as an
article slips between the sheets of one of the big papers( of 40 pages)
floating on a tide of mud( paid publicity) The Director is"warned" not to
sin a second time.

We have no hide-out. We are scattered voices. Our American
history is not revealed in the school books; and the main points are not
adequately shown even in W.E.Woodward's cheery volume *New American History*
favourably reviewed in "Bibliografia Fascista" and by U. degli Uberti in the
*Rivista Marittima* and elsewhere.

Except for the 60 pages of Overholser I do not know where one could
find certain of these main points: the notorious suppression of our money
unfortunate
in 1750 by the english government( while we were still a part of their
empire, as there are to-day millions of autochthonous subjects in the mines
and no longer cultivated land of the mother island...)
The betrayal of
the veterans by the first congress, cited by Bowers, recently our ambassa-
dor in Spain, in his "Jefferson and Hamilton". The abdication of Congress
in favour of private financiers half way through our civil war: 1862-1863.
giving way before the plan to create a new slavery" controlling the public
debt and thus controlling the quantity of money available to the public."

The head of the department of History American in our National
Library confirmed my supposition that in no history book of my country

## O. II (27)

( in one volume or in ten) contains the four facts put together by me in my
"Introductory Text Book" ( one page with bibliography added).

The attacks against Fascist Italy are based not only on falsity
but on a black ignorance, thick and stinking of the history of the United
States and the fundamental principles of the Republic. One of the most
interesting to Italians is the forgotten John Adams, father and grand-
father of the american navy, true conceiver of the original american system
, who chose and nominated Washington to lead the army of our revolution..
Each time the popular Jefferson disagreed with Adams, he was wrong, and aft
a certain time, he had to acknowledge his error. Adams never feared to
oppose ultra-democratic manias, and foresaw the failure of the french
proletarian revolution.

"Introductory Text Book" ( that is, introduction to the politico-
economic history of the United States of America)

My "book" is in four chapters, very brief, in page in all.

Ch.I. " All the perplexities, confusions, miseries arise in America,
not from √ a lack of honour and virtue, but from a thick ignorance of the
nature of money, credit, and circulation" John Adams d. 1826

Ch.II: " If the national credit be based (as is indispensible) on th
of specific taxes and on the quantity adapted to the circulation
no interest would be either necessary or just, because such credit would
serve all the purposes of metallic money withdrawn and substituted by it"
T.Jefferson, letter to Crawford.

Ch. III" Give to the people of this Republic the greatest benefit
they have v-ever had, their own money to pay their own debts" A.Lincoln.

Ch. IV. " Congress shall have the power to emit money and regulate
the value thereof and the value of foreign money" Constitution of
the United States ? Geo. Washington, president.

What is unknown to nearly everyone is that the Constitution of the
U.S.

U. 12 (28)

provides for a controlled foreign economy. ( Power not used by the
democracy in the period of organic and moral decay.).

These four chapters are followed by a half page of notes pointing out
that the theories of Douglas are a specialization on Lincoln 's dictum, and
Gesell, on stamp-scrip, a sub-division of the "Law" proclaimed by Jefferson"
"And that's not the // 'arf of it, dearie".

Geneva, thank God, is/deceased /legally, but pestilential worms are
still crawling about the corpse// and the gases are beginning to lift the
lid of the coffin. Sanitary service is needed. Internationalism is not
only clearly marked, bolchevic, but after the third international you will
see the fourth and the fifth and the fifteenth, until you begin to study
the usury problems and the nature of money itself.

I congratulate you on having reprinted a small book by Osman Bey,
written in 1873 ( L. Cappelli, 2 lire) where I find:

"The process by which these conquests are made is founded on certain principles... which can be divided into three categories:

1. The principle of physical force;

2. The theocratic principle, acting through the subjection of the
masses to a religious belief;

3. the principle of interest, ( that is, money) enslaving the
peoples under financial pressure.

We are late in understanding the good Osman who had seen something
of it in Europe and in the near East.

I am happy to see daily light shed on these lines of Osman, in the
italics of the "Popolo d'Italia" and the "Regime Fascista" ( including the
column on the second page called "Radio Cronaca")

But this *is not enough*. We need a wider vigilance committee. A book
book has been circulating in England for six months, going into a fourth
dition, so perfidious and stuffed with "sacred" things, perverted to

¶. I3 ( 29 ) evil ends, that even I, with all I have seen, feel scandalized

The "New Union" the title and on the cover: here we
have the following united: Wickham Steed, Norman Angell, Nicolas
M. Butler, Lothian, Hugh Walpole, who tell us this book begins "an epoch"
( nothing less!) in political thought. In the name of liberty, equality, etc.
are we to sacrifice all National control to //// purchasing power. Do we
have to submit every right to exchange our cheese against petrolium, and a
negemony or absolute control by an uncontrollable swarm of bankers without
a country, but furnished with the highest sounding attributes of human
dignity. It is a fact that for six months usurocratic ideology has sent
out its rays over the anglo-saxon public.

Clarence K. Streit (not Straight) is the author, greatly praised
by the "Manchester Guardian", by Sir Edward Grigg and by the "Jews Chronicle".

According to him the U.S. Constitution does not contain the essential
clause (no.4 of my list): "Congress shall have power to issue money and
to regulate the value" Without having thought for five minutes about the
efforts of the founders of the American system, he would
an ideal constitution for the Union supreme of the big democracies: G.B.
USA, F.B.SV.F.D.N.O.C.NZ.IReland(even) SA.SV..., National sovereignty has
drowned the gold?. Several millions of aryan europeans have been
presumptious enough to offensive exchange the fruit of their labour with
merchandize etc. of other humans

Shame: disgraceful! we have no right to eat or clothe ourselves
( without written permission, or printed order, or agreed under the control of the
text: "Bank of international Settlements", or some other name for a bank of
us and friends of Norman Angell, Steed, Wickham, Steed, Norman, vubejj' Uico

This is the mentality so much praised in the English press: before me half
of them I see only half of them, and after five months the English public is
done with it! ety and ready to stand a war which it doesn't want and against

13

I3 (29)

evil ends, that even I, with all I have seen, feel scandalized.

The "New Union" the title and on the cover: here we have the following united: Wickham Steed, Norman Angell, Nico las M. Butler, Lothian, Hugh Walpole, who tell us this book begins"an epoch" ( nothing less!) in political thought. In the name of liberty, equality, etc.

O. I4 (30)

whicheverbody of my acquaintaince in England rebels uselessly.

Several centuries ago one Stubbs had his hand cut off for having protested against a marriage proposed for Queen Elizabeth; wherefor one should hate Hitler and fight Mussolini. Stubbs and his friends were martyrs at the beginning of liberty of the press! So that etc. in 1939 one should fight to suppress economic liberty.

In parenthesis, there is no more stinking lie than that flown by the seductive "democracies" about the liberty of the press. flung out This hypocrisy is more or less divided "in tres partes".

First: they lie when they declare that the liberty of the press exists in England and the U.S.A.

Second: they lie when they pretend to want it.

Third: they contradict themselves in all they say about the functions of the press in their countries.

Fourth: they lie when they state that a law imposing honesty on the press, would be incompatible with true and sincere liberty.

The first and almost exclusive function of a great usurocracy is to make prices on the stock-exchange oscillate up and down. Their press exists for this scope only. The master speculators do not want a stable market because with stability they could not make huge quick turnover rapid gains behind the backs of the inexpertbuyers, especially at the cost of every kind of worker, manual labourers, inventors, writers, and the business men who run honest and real businesses for the exchange and distribution of goods.

The liberty of the press, to tell truth, has nothing whatever to do with the state of mind of the chief newspapers in France and England. A law could easily allow the publication of all the real news and proceed against the lies, with the following simple proviso:

I. Involuntary lies to be corrected with head-lines of equal size on the corresponding page in the following number of the paper.

O. I5 (31)

I.E. a three column headline on the front page, would be rectified by a three column headline, front page in the first number coming out after the false information was recognized; headline over two columns on second page would in like manner contradict with two columns on second page:

2. For persistent lies in bad faith, prison, etc.

The quality of the papers and the honour of the professional journalist would gain a lot. In England

In any case, woe betide anybody in our days who touches the privilege of high usury. We note among the war sacrifices already accomplished in England, that of the weekly "This Week" which began publication very gayly this summer, presenting much original matter. After two or three numbers, in the form of a volume at popular price, and starting with a "Life of Montague Norman, chief user," by J. Hardgrave, head of the Green Shirts (acting group of the movement Social Credit and by the way, anti-fascist) when the war began "paper was lacking" to continue it.

It does not matter what are the open and declared politics of a party. What concerns the so-called free press anglo-saxon is that nobody shall touch the internationale of the users.

THE DANGER REMAINS

I have already warned you that Marxist propaganda has been flooding the United States for eighteen years. In editions of 100,000 (one hundred thousand) copies the most seductive bits of Trotsky and Co. reach the uneducated or little educated (that is the public and pupils of the universities) and against this you Fascists have done nothing (I add a superlative) absolutely nothing, and we unworthy epigons of the founders of our republic have done very little. We are only a few dozen and poor in at that. The mercantilist press etc., swamps us. As soon as an article slips into one of the big papers (of 40 pages) floating on a tide of mud (paid publicity) the Director is "warned" not to sin a second time.

We have no place of refuge. We are scattered voices. American history is not found in the school books and many of the main points are not contained even in W. E. Woodward's cheery volume "A New American History" favourably reviewed in "Bibliografia Fascista" and by U. degli Uberti in the Rivisita Marittima and elsewhere. (*)

Except for the 60 pages of Overhosler I do not know where one can find certain of these main points: The notorious suppression of our paper money in 1750 by the English government (while we were still an unfortunate part of their empire, as misgoverned as are today millions of autochthonous subjects in their mines and on (the no longer cultivated) land of the Mother Island...). The betrayal of the veterans by the first congress, cited by Bowers, (*) Alexander Del Mar, the greatest of American historians was not known to me at the time of this writing. E.P.

THE DANGER REMAINS

I have already warned you that Marxist propaganda has been flooding the United States for eighteen years. In editions of 160,000 (one hundred thousand) copies the most seductive bits of Trotsky and Co. reach the uneducated or little educated (that is the public and pupils of the universities) and against this you Fascists have done nothing (I add a superlative) absolutely nothing, and we unworthy epigons of the founders of our republic have done very little. We are only a few dozen and poor in at that. The mercantilist press etc., swamps us. As soon as an article slips into one of the big papers (of 40 pages) floating on a tide of mud (paid publicity) the Director is "warned" not to sin a second time.

We have no place of refuge. We are scattered voices. American history is not found in the school books and many of the main points are not contained even in W. E. Woodward's cheery volume "A New American History" favourably reviewed in "Bibliografia Fascista" and by J. deли Uterti in the Rivisita Marittima and elsewhere. (*)

O. I6 (32)

JEWS and the WAR.

"Liberty is not a right, but a duty."

Very few young men arrive at the point where they think that the ideal & most fruitful of good government is the highest meditation that can produce good fruit in the world and ~~among the young~~ of thirty years ago , nobody reflected less than myself. I understand perfectly well the young poets and aesthetes who groan when I talk of the Idea of the State" or of any monetary problems; _et ego in Arcadia_ " swapping che ap love for poor apples" viles pomis mercaris amores".

Nevertheless the relative capacity of the different races has a great importance. And when any race has shown, through a period of a thousand, two thousand, or five thousand years, a singular incapacity to evolve a social form, the fact should be recognized and one should go very slowly before confiding the prosperity of one's country to the individuals of such a race, without however- in any case first submitting the individual to a long and narrow scrutiny.

These subjects are dangerous. In the space of seven days an estimable american agent has threatened to abandon me, and an editor (publ) also american, has darted thundered against my efforts to try to pass "propaganda" through his press. "Nothing" he says" which can in good faith be interpreted etc....".

In fact almost the only friend remaining with whom I can discuss this question was born Levi and still holds that name. Another Levi, more famous, sends me his articles printed in France, on the same subject.

If the Jews I have met during the last thirty years are representative of hebrew culture, there must be thousands unaware of their racial past, those of the ghetto dispersed in 1600, and from 1600 up till the recent past, as many as their contemporary christians and pagans.

The points I propose underlining are taken from an english publi-

O. 17 (33).

cation which gives news of what the Jewish Encyclopedia calls " a well-organized community".

Sic: At the head of the Jewish community there is a governing directorate... of which the members belonged to the richest families, the members invariably chose their wives from among these families. The members of the directorate got in touch, established relations with the local princes and governors, occupying the post of minister of finance, advokates to the sovereign and doctors. Double position: administrators of the wealth of both the Jewish community and of the nation in the midst of which they were living.

governing

The yearly election of the members of the council was surrounded by all sorts of rules and ceremonies... but it was not only a simple gathering (for administrative functions of the heads directing).

These heads were content to govern *anonymously* as directors, ... instruction

The teaching (consisted chiefly in *teaching* "The Law", and in the exposition/legal contents of the Talmud. Maimonides says:

"God has ordered the practice of usury against the Goy, and the loan of money only if they accept to pay interest."

From the right to usury follows the right to tax.

In the above there is something strong contrast to the mentality of certain Jews I consulted a few years ago. One said to me: "No usury. The law of Moses forbids it." And another: "I am against usury to detriment of the gentiles. It would give them a position". (a handle... too good a position?)

I absolve G.L., musician, of having wanted this war, I have no hesitation in absolving G.L., musician Without hesitation G.L.

I absolve Dr. B. physician, of having wanted this war, and Dr. B. also physician, and all three of acts they may have committed during their existence lifetime, leading to this war. I could make a long list of english and american aryans who have brought us into this war. involved us

O. I8 (33)

Let me go back to the historical process. Jacob Brafman "declared the
that the taxation was the keystone of the Jewish community's organization"
Every jew was obliged to belong to a fraternity and pay his taxes. Not to do
this, meant fines or being ostracized, which in the days of the ghetto, was
ruin.

? tax of 10% on property (Ma'aser)... and at intervals,
forced loans to the Kanal.

Every newcomer had to pay for the right to sojourn, so that the poor jew was it was nearly impossible for the poor jew to change his residence.

"Tax on tobacco, on tar, on herrings etc. to the Kanal." The wangl- to decide ing of Judæans / Franks / of alms, right of decision to the distribu- tion of grants (relief?), often hereditary offices. In Russia, in Dis- nanded over reali's time, many of the jobs of the secret police were given to jews. ( I abbreviate) Subsidiary

The Jewish authorities had power to arrest all Jews without pass-
port, and enrol them to fill up the quota of recruits for the army.

Did these oligarchies Did material prosperity and intellectual
progress under —

Did the material and intellectual prosperity of their community
progress under these oligarchies?

Answer: The only study encouraged was that of the Talmud "During
All the centuries of the ghetto there was neither literature, nor art, nor
jewish science". Our English critic puts off to better timesthe discussion
on the value of the literature, art, and science (post-ghetto,
the

He finds a uniform level of poverty in the ghettos much lower than that of the *gentile* communities surrounding them. He describes the ghetto of Frankfort amongst others. Disraeli also calls his people "a splendidly organized race". It certainly is not our European idea of *splendour*.

An article in the *Journal du Nord* says that in Russia, in 1892, only 10 or 18 thousand jews had an assured means of existence. Ans it is from t

O. I9 (34)

these Russian ghetto that, in 1890, hundreds of thousands of jews transferred to the western world, bringing with them everywhere social and liberal tendencies, with the result, as Mr. e.e.cummings says in his poem:

> Every comrade is a bit
> Of quite unmitigated hate

> The english critic believes the present Kanal to be concentrated in Wall Street. (No) is centred

> For myself, I believe it makes very little difference to Christianity and the european races, whether the central office be situated in London under the Red Shield, with the branch in N.Y. ~~with Ikleheimer's shield~~ is in N.Y. as it was in A.D. 1863. Or whether the main house is in N.Y. under the name of Schiff & Kahn with a director called Wiseman, XII baronet and Mr. Belisha, just out of the British cabinet, easily substituted by another delegate from the same origin and family connections.

> The British law of libel, infamously thought out to protect the criminal and which does not care a dam for the public wellbeing, forces some of the more honest British papers to print simple lists of names without comment. Rothschild is at present interested in gold: Sассoon in silver and Mond (Melchett) in nicotine and industrial chemicals.

> Weep, Weep... in parenthesis... for the unfortunate Finns. At Petsamo there are nicotine mines belonging to a society whose proprietors have a hand in Imperial Chemicals' co., and so in the Manchester Guardian. If the Finnish mines were destroyed this society could put up the price of Canadian nicotine and the losses would be compensated.

> We believe that the Finnish mines were held as a threat against Germany. I am of the opinion it would be better to keep the uncle in Germany. Stalin's hordes out of Europe, but Germany and Russia's point of view is perfectly understandable, who object to letting Melchett gangholding all the property of all the nicotine in the world,

Jews and the WAR:1940

Very few young men arrive at believing that there is no
more useful meditation in the world than considering the
ideal of good government. Among the young of thirty years
ago, nobody reflected on this less than myself. I understand
perfectly well the young poets and aesthetes who groan when
I talk of "the State" as an idea, or of any monetary problems;
at least in Arcadia, "swapping cheap loves for poor apples",
viles pomis mercaris amores.

Nevertheless the relative capacity of the different races
has great importance. And when any race has shown, through a
period of a thousand, two thousand, or five thousand years,
a singular incapacity to evolve a social form, the fact should
be recognized and one should go very slowly before confiding
the prosperity of one's country to the components of such a
race, without in any case first submitting the individual to
a long and careful scrutiny.

These subjects are dangerous. In the space of seven days
an estimable American literary agent has threatened to abandon
me, and a publisher, also American, has thundered against my
"efforts to try to pass propaganda through his press."
"Nothing 'he says' which can in good faith be interpreted
as etc....."

In fact almost the only remaining friend with whom I can
discuss this question was born Levi, and still retains that
name. Another better known Levi sends me his articles printed
in France, on the same subject.

If the Jews I have met during the last thirty years represent the average Hebrew awareness, there must be thousands of them as unconscious of their racial past, of the ghettos from 1600 up until more recently, etc., and a like number of their contemporary Christians and pagans.

The points I propose underlining are taken from an English publication which gives news of what the Jewish Encyclopedia calls "a well organized community".

Sic: At the head of the Jewish community there was (ris) a governing directorate...of which the members belong to the richest families, and they invariably chose their wives from among these families. The members of the directorate establish relations with the local princes and governors, occupying the ministries of finance, being advisors to the sovereign, and doctors. As double position as administrators both of the wealth of the Jewish community and of the nation in the midst of which they were living.

The yearly election of the governing members was surrounded by all sorts of rules and ceremonies...but it was not only a simple gathering of the directing heads for administrative functions.

These chiefs were content to govern *anonymously* as a round directorate...

The instruction consisted chiefly in "The Law" and in the legal exposition of the Talmud. Maimonides says:

"God has ordered the practice of usury against the Boy, and the loan of money only if they agree to pay interest."

The right to tax follows the right to usury. This is a far cry from the mentality of certain Jews I consulted a few

years ago. One said to me: "No usury. The law of Moses forbids it."
And another: "I am against taking usury from the <u>gentiles</u>, it
gives them a handle."

I have no hesitation in absolving Dr. G.L. physician and
Dr. B. also physician, of having ever committed any acts what-
soever that might have led to this war. I could make a long list
of English and Americans aryans who have involved us.

Let me go back to the historical process. Jacob Brafman
declared that "taxation was the keystone of the Jewish communi-
ty's organization." Every Jew was obliged to belong to a fratern-
ity and pay his taxes. Not to do this meant fines or ostracism,
which in the days of the ghetto was ruin. A tax of 10% on
property (Ma'aser), ... and at intervals, forced loans to the
Kahal.

Every newcomer had to pay for the right to sejourn, so
that it was nearly impossible for the poor jew to change his
residence. "Tax on tobacco, on tar, on herring etc., to the
Kahal." The wangling of alms, right to decide as to the
distribution of subsidies (relief), often hereditary offices.
In Russia, in Disraeli's time many of the secret police jobs
were handed over to Jews. (I abbreviate).

The Jewish authorities had power to arrest all Jews found
without passports, to fill up their quota of recruits for the
army.

Did the material and intellectual prosperity of their
communities make any progress under these oligarchies?

Answer: The only study encouraged was that of the Talmud.
"During all the centuries of the ghetto there was neither
literature, nor art, nor Jewish science." Our English critic
puts off to better times the discussion on the value of the

post-ghetto literature, art and science. He finds the uniform
level of poverty in the ghettos much lower than that of the
<u>gentile</u> communities surrounding them. He describes the ghetto
of Frankfurt amongst others. Disraeli also calls his people
"a splendidly organized race". It certainly is not our European
idea of splendour.

An article in the *Journal du Nord* says that in Russia, in 1892, only from 10 to 18 thousand Jews had an assured means of existence. And it is from these Russian ghettos that, in 1890, hundreds of thousands of Jews moved into the accident, bringing with them socialistic and "liberal" tendencies, with the result, as Mr. e.e.cummings says in his poem:

> "Every comrade is a bit
> of quite unmitigated hate."

The English critic believes the present Kabal is centered
in Wall Street.

For myself, I believe it makes very little difference to
the European races and Christianity, whether the central offices
be situated in London under the Red Shield, while the branch
with Ikleheimer's plaque is in New York as it was in A.D. 1863,
or whether the main house is in N.Y. under the name of Schiff
and Kahn with a director called Wiseman, XII baronet and Mr.
Belisha, just out of the British cabinet, easily substituted
by another delegate of the same origin and family connections.

The British law of libel, infamously thought out to protect
the criminal and indifferent to the public wellbeing, forces
some of the more honest English papers to print simple lists
of names without comment. Rothschild is at present interested
in gold: Sassoon in silver and Mond (Melchett) in nickle and

industrial chemicals.

Weep, weep.... in parenthesis... for the unfortunate Finns.
At Petsamo there are nickel mines belonging to a society whose
proprietors have a hand in Imperial Chemical Company. If the
Finnish mines were destroyed this society could put up the
price of Canadian nickel and their losses would be compensated.

We believe that the Finnish mines were held as a threat
against Germany. I am of the opinion that it would be better
to keep cousin Joe's hoardes out of Europe, but the point of
view of Germany and Russia is perfectly understandable, who
object to letting Melchett's gang hold all the nickel in the
world.

A peaceful systemization of Europe, minus England and
the Kahal, could be arranged by nationalization of the Finnish
nickel mines, with a pact between Germany, Russia, and Italy,
each in a position to obtain a third of the product.

I have read that the mines have been dismantled. If so,
the Kahal wins, at least for the duration of the war, which
they did their damnedest to bring about and which an implacable
campaign of lies and incitement from their footloid press is
doing all it can to still more embitter.

I cannot attain latin clarity. I do not reach latin
simplicity in my thought. I confess it. I spare neither Jew
nor Aryan. And I offer you the defects of my own mental process,
i.e. long parentheses.... compare them with Henry James'. Do the
best you can with 'em.

I have bundled in two separate questions. An archbishop
told me once that I tried to put too much into one article.
O. K. Here are two subjects. First: the racial temperament of

the Jew. An indication of how they have governed their communities in Europe and in Russia during past centuries. Second: a particular case. When it comes to single crimes and to recriminations, I am not convinced that the Jew is more to blame than the Aryan. A Dante scholar can complete the quotation which I cite from memory: "Sì che il Giudeo di voi tra voi non rida".

When it comes to making money, we still remember the Austral-
an firm of Merton which was caught, in 1914, cheerfully selling
lead to Germany at half the price it was selling to England. There
was also the elder Morgan (Aryan) who, during our civil war in
America, was condemned because he was selling worn-out guns to
the government. He bought condemned rifles from the Ministry
and re-sold them to an army corps in the West, getting paid
before he himself paid the Ministry. This is not Judaism but
mercantilism. The Jews have enough troubles already without
holding them responsible for sins they have not committed.

But they lack the sense of an orderly state. The complex
of instincts of Roosevelt's government, is that of the Kahal.
England and France today are governed as the Kahal would govern.
Their history for the last 20 years can only be explained by
such a system.

In contrast to the Kahal system we have Roman Law, and
continental Europeans have their "Guild" tradition. Americans
of Anglo-Saxon roots have the balanced powers and the designs
of John Adams.

There is no moment for unnecessary hatred and incitement.

We must weigh these elements carefully, analyze the causes
as well as we are able, and when we are quite clear, decide
what system is best adaptable to our needs. The Fascist and

Nazi programmes are based on European temperament and beliefs. These evolve and go on developing. The American system is only an obscure and profaned memory, which we Americans must dig up from the tomb. But in whichever country a man has no right to remain uninterested but must search out the manipulation of present events. He would be less than a louse if he let himself be imposed upon by a fictitious system, owing to real or pretended ignorance.

JEWS and the WAR:1940

Very few young men arrive at believing that there is no
more useful meditation in the world than considering the
ideal of good government. Among the young of thirty years
ago, nobody reflected on this less than myself. I understand
perfectly well the young poets and aesthetes who groan when
I talk of "the State" as an idea, or of any monetary problems;
et cetera in Arcadia, "swapping cheap loves for poor apples",
viles pomis mercaris amores.

Sic: At the head of the Jewish community there was (?ia) a governing directorate...of which the members belong to the richest families, and they invariably chose their wives from among these families. The members of the directorate establish relations with the local princes and governors, occupying the ministries of finance, being advisors to the sovereign, and doctors. As double position as administrators both of the wealth of the Jewish community and of the nation in the midst of which they were living.

These chiefs were content to govern *anonymously* as a directorate...

"God has ordered the practice of usury against the Goy, and the loan of money only if they agree to pay interest."

I have no hesitation in absolving Dr. G.L. physician and
Dr. B. also physician, of having ever committed any acts what-
soever that might have led to this war. I could make a long list
of English and American aryans who have involved us.

Let me go back to the historical process. Jacob Brafman
declared that "taxation was the keystone of the Jewish communi-
ty's organization." Every Jew was obliged to belong to a fratern-
ity and pay his taxes. Not to do this meant fines or ostracism,
which in the days of the ghetto was ruin. A tax of 10% on
property (Ma'aser)....and at intervals, forced loans to the
Kahal.

Every newcomer had to pay for the right to sojourn, so
that it was nearly impossible for the poor Jew to change his
residence. "Tax on tobacco, on tar, on herrings etc., to the
Kahal." The wangling of alms, right to decide as to the
distribution of subsidies (relief), often hereditary offices.
In Russia, in Disreali's time many of the secret police jobs
were handed over to Jews. (I abbreviate).

post-ghetto literature, art and science. He finds the uniform
level of poverty in the ghettos much lower than that of the
<u>contile</u> communities surrounding them. He describes the ghetto
of Frankfurt amongst others. Disraeli also calls his people
"a splendidly organized race". It certainly is not our European
idea of splendour.

An article in the *Journal du Nord* says that in Russia, in 1892, only from 10 to 18 thousand Jews had an assured means of existence. And it is from these Russian ghettos that, in 1890, hundreds of thousands of Jews moved into the accident, bringing with them socialistic and "liberal" tendencies, with the result, as Mr. e.c.cummings says in his poem:

"Every comrade is a bit
Of quite unmitigated hate."

The English critic believes the present Kahal is centered
in Wall Street.

industrial chemicals.

Weep, weep.... in parenthesis... for the unfortunate Finns. At Potsdam there are nickel mines belonging to a society whose proprietors have a hand in Imperial Chemical Company. If the Finnish mines were destroyed this society could put up the price of Canadian nickel and their losses would be compensated.

We believe that the Finnish mines were held as a threat against Germany. I am of the opinion that it would be better to keep cousin Joe's boarders out of Europe, but the point of view of Germany and Russia is perfectly understandable, who object to letting Melchett's gang hold all the nickel in the world.

I cannot attain latin clarity. I do not reach latin simplicity in my thought. I confess it. I spare neither Jew nor Aryan. And I offer you the defects of my own mental process, i.e. long parentheses....compare them with Henry James'. Do the best you can with 'em.

0 21 ( 37 )

ANTIFASCIST.

In Italy, in the year XVIII, they are antifascist through pure ig-
norance and lack of culture: others consciously snobbist. The blacksmith's
son is not the son of a man who kept a pharmacy, nor store , nor
broker's nephew: and Villiers de l'Isle Adam once said with nostalgia for the
far away 18 th. century: "As for living, our servants do it for us!"

He used to take a lobster to the Bois de Boulogne on a pale green
satin lead. The lobster proceeded slowly, but the good Villiers sang its
merits as against a tiresome dog, " it doesn't smell, it does not make a
noise".

noise".

Half a century later the squirrel-headed Marcel Proust was describ-
ing minutely and skillfully the rancid gorgonzola of a passing epoch, syn-
thetic style, of the symbolists X,Y,Z, and Henry James rechewed.

...Kulturmorphology, it is a vor-
tex ( and how, ); impressionism deals with the foam.

An awareness of the historical process demands greater knowledge;
and to conclude, without a knowledge of history, one cannot appreciate
Fascism. The subject belongs in the main to Kulturmorphology, it is a vor-
tex ( and how, ); impressionism deals with the foam.

I have had to await the arrival of Meridiano's present Director
to publish a sentenceI wrote ten years ago.

Italy to-day ( I first said in the year VIII or IX) lives in three
epochs;

I. Il Duce and his circle of technicians who live in to-day and
to-morrow;

too many writers live in 1860.

3. and a few cliques in 1860.

Even in the year XVII a benevolent roman Director said: " Unfortunate-
ly we cannot publish anything so delightfully antidemocratic and pro-fas-
cist".

For several years american /k/ publishers have been offering me

22

ori. 7/8 (38)

me money to write an "autobiography", i.e. precisely what my life has NOT been since the year 1924. They imagine that one or two little movements that preceded the 1914 war and three years in Paris, have exhausted both me and the possibilities of my epoch.

They would like literature to end with Arthur Symond's "pink pigs blossoming on the hillside", the delicately blended canvases of Monet, or with the ideas that Joyce had already absorbed before leaving Ireland, touched I suppose with the nebulous mysticism brought by Yeats to Rapallo.

"The Celtic Twilight of Picasso" would have been a profitable title. And yet a clear-sighted writer in the London 90s, G.S.Street, recalled the political perceptions of Lord Byron, which are only now returning to the surface. Shelley also. These things were mostly concealed from men born in 1885.

I sign myself (modestly): "a Mazzini in search of a Cavour", but, assuming that Mazzini did not have the good sense to appreciate Cavour as I now can, "in the light, etc, of the past".

The American, after he had cut down the woods, opened up forests, and built trans-continental railways, dedicated himself to culture and the arts. Immediate forebears, fathers of our fathers, carried a pianoforte to St. Louis or Wisconsin. One of them in 1770, wrote greek verse. Etc..

George Santayana told me that the poets of his generation in New England"just died because they couldn't stand it" the physically unbearable atmosphere. The more active removed their "penates" (immaterial), H. James and Whistler were the keenest and most rebellious spirits of their age. After the impeachment of Andrew Johnson, the U.S. remained in a fog. The first right of any human quality is to survive, not to go under.

An occasional man escaped it, but I do not admit the idea that we accepted a permanent defeat of America. The squalid army of usurocracy took possession. We rebelled, but the analysis took time. One cannot say H.

ori 23 (39)

H.
James was unaware of it, nor even that the desolation of Adams was entirely useless. They both felt something was wrong. The laboratory did not exist. It had to be built up.

French methods had to be adopted. Neither Liebig nor Pasteur can be ignored. Historiography needed revision, one needed to dig up the works of John Adams and of Salmasius. There are gaps. Aristotle inspected the constitutions of the Greek states etc.. John Adams' American system is worth reinspection and resumption both for and in the U.S. It is not your system, which is totally incomprehensible to the U.S. of to-day. But that does not mean that they do not both belong to the historic process, and as I see it, the same process. Speaking to you of yours, one must remember a distinction, at least 150 years old, the distinction between "democratic" and "republican". Democratic and Republican. Both words had a meaning. The first decayed into meaning mercantilism and usurocracy, is now a pejorative term in the greater part of Europe. If you care to translate the second by the word "statele", it seems to me we shall get to a clearer understanding. The Republican party was a party of the State. The Italian idea of the State can with some truth and from some points of view, be translated "the Republican idea", when you are talking to Americans.

That the Republican party has deteriorated in America: become the bankers', a party of the "Eastern idea of money", is another example of the change and degeneration of verbal connotation. Which does not the will preclude a desire to give a decent and organic meaning to the "idea". The iron will perhaps no longer be necessary which has given back a different sense to the adjective "Italian" from "ice-creamers"

A century elapsed between Leopardi and the Fascist Era. I do not yet see the dawn in New England. But in the year XVIII of our Era, I am not going for it with Henry Adams to Chartres.

ori.24. (40)

Yours problem is yours (Duce B.M.), mine, mine, goddamnit, and
I dont see that it can be settled in ten minutes or ten years. But in
1940 I can honour your revolution, just as Zobi honoured ours in 1840,
(from 1776 to 1826 and after), and I remain yours sincerely...

In the year XI E.F. a man holding high position in Italy asked
"What do you want?" and I answered: "Peace, to finish my poem". To-day
I am seven years older: I have not stayed in that hole. The poem
has progressed, and my desire is now more mature, due to the fact that I
observed a certain example. No american from 1900 to 1910 saw the re-
motest possibility of a world not dominated by a fat and dirty plutocracy,
by mercantilist vulgarity, and the swinish power of gold. I have been
at school in Europe for 32 years, of which the last sixteen have been
much the most let us say, interesting.

ori.24 (4I)

TO MAKE AMERICANS UNDERSTAND

This war has lasted for at least 190 (hundred and ninety) years
and correspondence with America is under the control of the chief usurpers,
The Rothschilds in Napoleon's time controlled the incorporated mail co.
doing business as "Austria". If I were writing in English and publish-
ing in New York, I might have a larger number of readers having a direct
interest in American history, therefore I make my apologies if I bore you.
But, I assure you, in compensation that you will find a fair percentage
of points not altogether alien to an understanding of the present histori-
cal process.

I have not gone back to *original* sin (which comes I believe
from the father of lies, who used an ambiguous terminology for his own
ends). This power immediately obscured the distinction between division
of the *fruits* and usury, or the fixed tax.

Louis Thorn Golding, in an admirable biography of his an-
cestor the great poet Arthur Golding, translator of Ovid, noted the conta-
gion already at work in the time of Elizabeth.

The Earl of Oxford not wanting to bother with using his
lands, rented them out for a fixed sum. In 1696 came the Bank of England
( so-called) and the forgers took over.

The bank--- said Paterson its inventor --- has benefit of
the interest on all the monies that it creates out of nothing, "ex nihil"
(recalling about 60% on its deposits, in the 18th century).

The counter-attack began perhaps with the Leopoldine ⚫ re-
forms in Tuscany, where the Monye dei Paschi had taught, ( a.d. 1623) the
great truth re the basis of credit. True credit, that is, is based on
the abundance of nature and the responsibility of the whole people.

In 1850 the Italian historian Zobi was able to quote with re-
spect the further efforts made by the fathers of the North American re-
public.

ori. 25 (42)

After which it seems hell's propaganda obscured the verities and the press fell into the hands of Sieff and other such scum of the period.. after which struggles we waited in *conflagration* black darkness until the fascist genius in Italy.

To you Italians this will seem a simple phrase, but I assure you that having said this, I shall receive letters from several of my compatriots, telling me I am plumb crazy. And that is because my compatriots are ignorant, superficial, etc. etc..

The books used in the american universities are of some value. One can at least study the fog. Going back to the original documents and the opinions of the originators of all that was valid in the republican system of the U.S., one finds flashes of light.

John Adams knew quite well what money was. He understood the effects of paper-money. He knew that nearly every curative medecine can poison if wrongly used etc.. Jefferson also knew that a nation need not borrow its own credit from individuals, has even less need to pay a tax on it to financiers of another race living abroad.

By the phrase "pay rent on its own credit" I mean that a nation ought not ot pay a tribute, of interest tax to strangers for the privilege of exchanging goods inside its own frontiers, or before Harry can be paid by Bill for work done; before the farmer can sell grain and receive cloth.

A mature man looking through books of the so-called orthodox economy, is surprised by the swill fed to young students. There are even treatises on finance and economy which do *not* begin with a *definition* of money. Yes, my friends, some of them are by the most orthodox accepted diffused and honoured economists in all the countries of the world, Dewey begins with a definition of finance, but not of money (D.R.Dewey: Financial Hirtory of the Unitee States). The student is unsuspecting, but in any case for exams. he has to know the answer as it is printed in the

ori 26 (43)

in the text book. Only about page 136, 144 one begins to sense the opinion of the "impartial" author, and towards pages 246, 255, 279, it becomes clear that this meritorious author is soaked in prejudice and credulity, perhaps without being aware of it and with every intention of being honest.

The paper system adopted by the Pennsylvania colony in the eighteenth century, did not monetize the earth, but recognized the value of labour. The money was based on the whole of the fertile land, plus the desire to work, and the need for the product, wisely limited the issue to the quantity of wanted products. 80 years later Jackson saw that the real value of the earth lay in the energy of the settlers. I do not know if I am making this clear. To make Americans understand Fascism, one must understand, and point out that sane american forces and efforts have tended towards the corporate state without being aware of it; without getting as far as a clear formulation or a total solution.

More than a century ago Calhoun did not wish the nation to borrow back its own credit etc..

If this point in monetary legislation is not clear, at least *X* at least my thesis should become obvious to anyone studying the "tariff", that is a system which has engaged american attention for a century and a half. In spite of all the smoke, fury, and utmost verbal confusion, there was plenty of common sense in it, but no stylist, no ethical example, no theologian or anybody talented enough to go to the root of the phenomena. Someone said "the tariff a local issue"... videlicet that it represents special interests".

The Americans behaved in a very intelligent manner, but no leader formulated a "corporative principle", *X*/*X* harmonize all these interests under one council or formula.

They have been mumbling for a century in Washington; verbal manifestations fill the air, they have got through by the use of their

ori 27 (44)
de facto
common-sense. A/representation of interests existed at first though
not in principle, of/fact/only. There were fishing interests on the sea-
coast, in the South cotton and tobacco etc., the system was based in
theory on geographic divisions and served for practical purposes; later
everything fell under the domination of the usurocracy for lack of a cor-
porate system. In Raven Thomson's proposals for a corporative system, t
the individual shall be represented by a person of his own trade or pro-
fession.

In Washington last year, having five minutes to wait for a solid senator, I looked through the text of a law he was proposing. When he arrived I said: "Do you know what this is? .. Fascism in its better form. He: "?" he hadn't the least suspicion of this; he had merely made an honest proposal. "what he considered an

It is quite useless to take official american labels at face-
value. The republican idea once signified almost a statal idea. The
fascist word used by the press, "canned meat, ladies' underwear" has for
the past ten years meant "ausuratic control ". The usurocracy runs the
press, and reserves the word "democracy" to mask the control which ac-
tually is in their hands.

We have to untangle this skein.

00
0. 29 (44)

, Work and Decadence.

The old Roman Empire fell because it did not defend ///??? money
purchasing power (valuta lavoro), or the power to buy of the producer of grain. The
strength of Ancient Rome arose with the Licinian laws and began to decline
with the "dumping", that is, the importation of wheat from Egypt at a low
price.

The name "Roman" remained until the son of a bulgarian shepherd
word
(Justinian) became emperor. To-day the name "democracy" applies to
only usurocracy, or if you prefer an academically correct word, money.
but if you in s.o. on Political Purist holders danevocracy a less comprehensible word, meaning: domination by
the lenders of money.

War against "das Leihkapital" was proclaimed by Hitler two years
after the march on Rome, but in America they continued to use a terminology
which did not correspond with the facts.

The system imagined by John Adams and his collegues was a system
of states. A developed organization to the present status
still is not possible in uncultivated ground (territory) - What is
still not understood in either America or Europe is that this system of
states (A) disappeared after Lincoln's assassination. It did not disappear
after an open and honest revolution. The system was betrayed and fell. meaning
Everything that was representative of the state (B) fell apart. The system
power was diluted, the people fooled and the United States remained danei-
sto crazia dominated by the money-lenders, usurocracy for the dirty man
(levies of Rothschild, Ikleheimer, Morton, Vandergould and other usurers)
and that lurid traitor J. Sherman, representative from Ohio..

The betrayal was worked through the banking swindle, bonds as
indicated
banking basis, etc., as I showed a few weeks ago quoting Overholser ("his-
tory of Money in U.S.") It is time to be done with certain fetishes.

Saint Louis, king of France, paid for the Crown of Thorns a sum
that Brooks Adams in 1897 calculated equivalent to a million dollars

0. 30 (45)

In contemporary money the sum is not notable. But after the battle of Tiberius the Crusades no longer put faith in reliques. The naval power of Venice was coming up, rising.

Roosevelt in our days has paid billions of dollars for a nearly useles substance. Certainly a less powerful material than plexiglas or berillium. It is time to end the bestial(?) vile superstition and reverence given the talisman (gold), a fetish like the lucky rabbit's foot. The hecatomb of english soldiers should be the last tribute paid to this degrading beastly left-over for the of respect for the yellow metal.

A free nation is a nation which does not leave the control of its own purchasing-power in the hands of others. Europe does not produce gold and has no need of it. This "Europe" includes Italy, Germany and even France and the British Isles.

If you wish to free yourselves from the Beits, from the masters of the African gold-mines, of the soviet mines, you must open your eyes. You cannot eat gold. A nation needs grain, wool, leather, but not gew-gaws.

It is a waste of time to discuss the so-called democracies, England, France, United States until distinction is made between theory and fact. These three countries are controlled by the users, they are dominated by the money-lenders, and it is perfectly useless to speak of them as if they were controlled and governed by their people or the delegates representing the people, or the interests of the people.

One must ask to what point and what percent of cases a delegate or prepares to be elected, become eligible, by getting into debt. The debtor is a deputy, will be obedient servant of his creditor, and if the creditor is a bank or trust, this creditor does a great part of the work created by the above named delegate, deputy, or sheriff. The Press is expensive, lets say ten million dollars to start a daily. Free press?

Indeed, I don't think

0. 31 (46)

In 1939 only five of the best-known dalies in the U.S. were running without loss. A director said: "I can't find any long-term credit. They will only lend for I can't get loans for not more than three months!"

Hence, nearly immediate control. The numourists of the Axis, go with me as far as the 'principle' principle of the thing, but as far as I know have omitted to publish caricatures of the directors of the Bank of England whose great patriotism and thirst to win the war for democratic liberty is clearly shown in the directors' meetings. The first act of mobilization was to double their own stipends. This is a way to esteem and glorify. They are so 'human'. And so English: Goschen, Niemeyer, Strakosch, anglo-saxon Lefeaux, Lazard, good old English names, family dynasty of W.H.Samuel (now Lord Bearstead, of Shell), Klienwort, Hambro the usurer who escaped from Norway carrying his money with him and exhorting the Norwegians to fight, in his absence.

The methods of the usurocracy are of the material which Dante found in the lowest Inferno:

"Al modo della nona bolgia sozzo."

The 800,000 or so coloured soldiers in France, replacing Europeans, have been called up to hold up Lazard, Rothschild and their tools (handel etc., poor wretches). Because the usurers can swindle they are easier to swindle than the french peasants. And it will always be the same wherever usurers are in power. The usurer will destroy all social order, all decency, and all beauty. The ethical difference between division of profits (sportsmanship) and a fixed tax is fundamental. The man holding the mortgage doesn't care a damn about the conditions in the factory, on the farm, or the state. If it fails, he is still master. Every nation which tolerates a usury state inside the off official state, falls apart (goes down). Anyone not interested in economic and monetary processes is an idiot, certainly not literate but illiterate.

0. A 32

(47)

Keeping the facts straight, C.H. Douglas for a long time has held that this war started by the usury international against the English and Germans alike. He holds that it is war against the white population of Europe for the benefit of the international usurer (the temporary domicile of the migrants does not matter). Whether or no Douglas is right, we can believe it axiomatic that the usurers are and will be, until hunted into the lowest hell, enemies of every people highly cultured, against every lively sense of reality, and all workings of a high civilization, for the simple reason that the more you understand the laws of and mechanics of society the more difficult it will be to swindle you about goldswindle, or the bank swindle. ( Parenthesis: I see in the Annals of the American Academy of Social and Political Science, May of this year, a new variant, i.e. usury at 16% now called "Industrial Banking" with the label "Consumer Credit", stolen from the Douglasites and perverted for the uses of usurocrats.) One cant be sure, from the quotation in the Annals, if the 16 per cent tax on the consumer, is really a 16 per cent or a 160 per cent on the real capital of these banks, who compete with the pawn-shops, but do not fear their competition.

0. 34 (49)

The great debt was created by that civil war of 1860, and was used to control the quantity of the circulation monetary in the U.S.A. Every party which increases or makes the public debt at interest, is a pro-usury party.

Until the american people organized themselves so as to control government spending, that is, at least to know who has cleaned up the billions spent by Roosevelt and co., we are in the dark, that is in the dark as to particulars and the particulars, because we should be idiotic not to see the general lines and the wherefore. Roosevelt exists to serve the sellers of gold and other materials which are of no use to the people either to eat, clothe themselves or keep a decent house.

In the Senate a noble??? brave senator with good justice has called the members of the British Cabinet, a "bunch of crooks"... In a private letter a congressman, wrote me in February, "a lot of form (??fluff) a great many idiocies and above all a psychopathic hysteric presiding over it all". But until a man is taken to the mad-house, he should be judged responsible. While a minister holds his job, he is judged a man and not simply an autocrat. So that Roosevelt and Morganthau are legally responsible, if not metaphysically, for the politics, and the people are responsible for having tolerated them. The democratic system has the obligation either to put them out by existing means, or to reorganize and develope organs of government capable of eliminating the abominable, stinking of the American and other peoples.

It seems to me improbable that the present chaotic population of America would be capable of suddenly organizing a corporate system, as the Europeans have done. It certainly has not the desire yet. But a century ago there was the vigour enough to get rid of the national debt. At the end of 1700 a system republican, organic, was conceived with clean intentions.

Solitary proposals like those of Bankhead and Voorhis, show a glimmer of comprehension. The little reform suggested by Wallace, secretary of

0. 37 (52)

Samuel Montague (also of long palæstinian stock)

bore the name Samuel Pixley, Abell (undertermined trade, but victim of Cain's had a similar name) Sharpe & Wilkins.

In the case of a division of votes, it is the president who"decides" that is, decides the price of gold for that day. So the price goes up when those gentlemen wish to sell, and goes down when they want to buy. And I have read somewhere that Rothschild is the only agent for the Bank, so-called "of England."

To this list of public enemies of the autochthonous British people of the British isles, must be added other names which will have a growing interest for the conscious historian. For example William Wiseman "olim" or British late of the "Intelligence Service" in New York, who is now one of the directors of the XXXXX hardly western house of Kuhn, Loeb & co.: the well-known Baruch (Barney), Cohen, Morganthau, Frankfurter, Ezekiel, etc., of the doing business under the name chief official house of Roosevelt, first magistrate of the U.S.A.

And I swear that among the hundred or so English friends of my family (breeding) not one wished this war; but there are several who would be willing to fight for something worth while, although they may not succeed in producing a comprehensible showing a coherent verbal manifestation of their ideal.

After all the war is 95% war for usury and certain monopolies, fatal to alike to the English and the Europeans, as for example:

Rothschild, gold,

Sassoon, silver,

Mond (Melchett), nickel (note that in all probability the oriental impertinence of the honorific "Melchett" chosen by Mond (Alfred.)). It would seem he had taken the title of the god Hercules, Melcart, meaning "Lord of the City").

For the role of the latter: I have at first hand that his brother (Robert) shortly before he died, and in Rome, in a drawing-room, where the speech was repeated to me, said textually: "Napoleon was a drawing-room man."

0. 38 ... (53)

"Napoleon was a good man. It took us twenty years to crush him. It will not take us twenty years to crush Mussolini. And the economic war has just begun."

During ten years the Italians have taken me for an eccentric. Before the Abyssinian war I was aling: "The english press is the most stupendous orchestra of lies ever heard in the world" etc. Not has ever a

This simple, moderate phrase was taken by the Italians themselves to be "a political exaggeration".

Now, I ask to be allowed to repeat, without greater emphasis, but as news-item, certain ideas which I managed to get printed in the American dailies.

For example, "A war against Germany in our day would be a war against an honest conception of money. Sassoon, Rothschild, Kuhn, Loeb & co. will never forgive Dr. Schacht for having said that money not correspond- ing to Verbrauchsguter (beni commerciabili) marketable goods, is nothing but printed paper."

The official Italian translation (see"Gerarchia", June XVI) uses the words "beni commerciabili" with pragmatic, immediate precision. But in the interests of a clearer and higher understanding economic and monetary we ought to distinguish between two different categories.

Gold and silver are not necessary goods. They are, alas, to the world's misfortune only too exchangeable, but one cannot eat gold, nor die in most cases of rare brocades or lace etc.

Hence from which follows the propaganda for "Federal Union", that is at the mercy of an international society which would be in the hands of a committee more or less anonymous, but absolutely free to/ from any control by the national governments of the composing the above "Union Federal".

ori 36 (51)

FOG.

I repeat:

For years I have tried to show up the strength of
soviet-jewish propaganda in the U.S. and the lie campaign and silence
of the english press.

There was no reaction in Italy from the editions of 100,000 copies of Marx, Lenein, Trotsky and Stalin, published in New York at low price as 10 to 25cents. ( about 2 to 5 lire). Even when we get as far the definitions printed in Italian, I find points lacking. Now, after ten annuti anything but idle years, I congratulate myself, because I see that the "news-sense" is more awake. Last October four papers from three Italian cities printed strong expressions absolutely in agreement with what is and has been for a long time, my outlook (pure coincidence?).

But the American press is hermetically closed against all that I think, all I believe, so I hold my tongue in english, and suced in speaking only in italian; and for that reason I would like to see the Italian papers pay more attention to certain details.

First: the world ought to know more clearly who directs, and who has caused, the anglo-jewish war against Europe. The scope of this war was to make the world safe for usury: to erect the "Federal Union" in place of the League of Nations, alais "Bank of International Settlements": in fact to make the world slave to a gang of irresponsible insurers, international and not one hundred per cent aryan.

Let us note at this point, that an english newspaper has tried to show that the London gold market is not under the Jewish heel, and has listed some business firms which compose it, omitting the names: "Samuel Montagu" and "Mocatta & Goldsmid". The list of the six firms making this market, should be written, or engraved, on European brains:

N.H.Rothschild, president

Johnson Mathay,

uri 36 (51)

FOG.

I repeat:

There was no reaction in Italy from the editions of 100,000 copies of Marx, Lenein, Trotsky and Stalin, published in New York at low price as 10 to 25 cents. ( about 2 to 5 lire). Even when we get as far the definitions printed in Italian, I find points lacking. Now, after ten years anything but idle years, I congratulate myself, because I see that the "news-sense" is more awake. Last October four papers from three Italian cities printed strong expressions absolutely in agreement with what is and has been for a long time, my outlook (pure coincidence?).

First, the world ought to know more clearly who directs, and how has caused, the anglo-jewish war against Europe. The scope of this war was to make the world safe for usury: to erect the "Federal Union" in place of the League of Nations, alais "Bank of International Settlements": in fact to make the world slave to a gang of irresponsible insurers, international and not one hundred per cent aryan.

"Samuel Montagu", and "Mocatta & Goldsmid". The list of the six firms up making this market, should be written, or engraved, on European brains:

N.H.Rothschild, president

Johnson & Mathay,

ori 37 (52)

Mocatta & Goldsmid (not of aryan origin)

Samuel Montagu (also of long palestinian stock)

Pixley & Abell(race undetermined, but Cain's victim bore a similar name)

Sharpe & Wilkins.

In the case of a tie vote, it is the president who "decides", that is, decides the price of gold for that day. So the price goes up when those gentlemen wish to sell, and goes down when they want to buy. I have read somewhere that Rothschild is the only agent for the Bank so-called" of England".

To this list of public enemies of the autochthonos people of the British Isles, must be added other names which will have a growing interest for the conscious historian. For example William Wiseman "olim" late, of the British "Intelligence Service" in New York, who is now one of the directors of the hardly western house of Kuhn, Loeb & co.; the well-known Baruch (Barney), Cohen, Morganthau, Frankfurter, Ezekiel, etc., doing business under the name of Roosevelt, chief magistrate of the U.S.

And I swear that among my hundred or so nicely educated English friends, not one wished this war; but there are several who would be willing to fight for something worth while, although they may not succeed in producing a coherent comprehensible verbal manifestation of their idea.

After all the war is 95% war for usury and certain monopolies, fatal alike to the English and to Europeans, as for example:

Rothschild, gold,

Sassoon, silver,

Mond (Melchett), nickel (note in all probability the oriental impertinence of the honorific "Melchett" chosen by Mond (Alfred). It would seem he had taken a title of the god Hercules, Melcart, meaning "God of the City").

ori 37 (52)

Sharpe & Wilkins.

To this list of public enemies of the autochthonos people of the British Isles, must be added other names which will have a growing interest for the conscious historian. For example William Wiseman "olim" late of the British "Intelligence Service" in New York, who is now one of the directors of the hardly western house of Kuhn, Loeb & co.; the well-known Baruch (Barney), Conen, Morganthau, Frankfurter, Ezekiel, etc., doing business under the name of. Roosevelt, chief magistrate of the U.S.

Rothschild, gold,

Sassoon, silver,

Mond (Melchett), nickel (note in all probability the oriental importance of the honorific "Melchett" chosen by Mond (Alfred). It would seem he had taken a title of the god Hercules, Melcart, meaning "Lord of the City").

ci 38 (53)

For the dossier of the latter: I have at first hand that his brother (Robert) shortly before he died, and in Rome, in a drawing-room where the speech was repeated to me, said textually: "Napoleon wath a good man. It took uth twenty years to wuth him. It will not take uth twenty years to wuth Mutholini. And the economic war has begun."

The Italians have, for the past ten years, taken me for an eccentric. Before the Abyssinian war I said: "The English press is the most stupendous orchestra of lies that has ever existed."

For example, "A war against Germany in our day would be a war against an honest conception of money. Sassoon, Rothschild, Kuhn, Loeb & co. will never forgive Dr. Schacht for having said that if money is not issue against Verbrauchsguter, it is nothing but printed paper." (marketable goods)

The official Italian translation (see "Gerarchia", JuneXVI) uses the words "beni commerciabili" with pragmatic, immediate precision. But in the interests of a clearer and higher economic and monetary understanding we ought to distinguish between two different categories.

Gold and silver are not necessary goods. They are, alas, to the world's misfortune only too exchangeable, but one cannot eat gold, no dress in gold, more than can be got into broCADES or lace.

Hence the propaganda for "Federal Union", that is for an international society which would be at the mercy of a more or less angry committee, absolutely free from any control by the national governments composing the above "Federal Union".

ori 38 (53)

For the dossier of the latter: I have at first hand that his brother (Robert) shortly before he died, and in Rome, in a drawing-room where the speech was repeated to me, said textually: "Napoleon wath a good man. It took uth twenty years to cwuth him. It will not take uth twenty years to cwuth Mutholini. And the economic war has begun."

Gold and silver are _not_ necessary goods. They are, alas, to the world's misfortune only too exchangeable, but one cannot eat gold, no dress in gold, more than can be got into brocades or lace.

Hence the propaganda for "Federal Union", that is for an international society which would be at the mercy of a more or less anonymous committee, absolutely free from any control by the national governments composing the above "Federal Union".

ori 29 (04)

All the clean English of my acquaintance once fight against this
Union. But they fight under the disadvantage of the stinking english
Radio and the anglo-Jewish press, whether in english print-shops or
american.

I should like to see this battle for humanity exhibited more
clearly by the Italian press.

It also seems to me that Italians would understand me com-
patriots quicker, without any need to change their terminology, if they
would consider the points where the ideas of the Fascist Revolution tie
up to the ideas and ideals of honest men of english and american nation-
ality.

Even that admirable anthology "Spirito della Rivoluzione
Fascista" compiled by our friend Spinetti, cannot convey the fascist idea
to english and american readers. It is true that it cites Mussolini's
phrase against " the degeneration of certain ideas", that is, not against
the original form of certain ideals, but you must understand that even
for me, resident in Italy for fifteen years, the names of a half-dozen
socialist sects have no meaning. IN my mature years, certain american
forms have a significance for me, which are already out of fashion for
the new generation and already dimmed in my country, but which it would be
possible to renew for the stimulation of mutual understanding.

For example the "harmful liberty" rightly detested by the Duce,
is liberty in absolute contradiction to the idea of liberty held by the man
who wrote " des droits de l'homme", specifying " the right to do anything
that does not harm others".

Pragmatic liberty has degenerated into a fetid licence under
usurocracy, without the slightest social sense, or sense of economic or
monetary justice ([ I underline the last adjective)].

I admit that my friend C.H.Douglas, founder of Social Credit,
has inveighed against Fascism, but I also insist that he does not under-

All the clean English of my acquaintance fight against this Union. But they fight under the disadvantage of the stinking English. Radio and the anglo-Jewish press, whether in English print-shops or American.

It also seems to me that Italians would understand my compatriots quicker, without any need to change their terminology, if they would consider the points where the ideas of the Fascist Revolution tie up to the ideas and ideals of honest men of English and American nationality.

Even that admirable anthology "Spirito della Rivoluzione Fascista" compiled by our friend Spinetti, cannot convey the fascist idea to English and American readers. It is true that it cites Mussolini's phrase against "the degeneration of certain ideas", that is, not against the original form of certain ideals, but you must understand that even for me, resident in Italy for fifteen years, the names of a half-dozen socialist sects have no meaning. In my mature years, certain American forms have a significance for me, which are already out of fashion for the new generation and already dimmed in my country, but which it would be possible to renew for the stimulation of mutual understanding.

For example the "harmful liberty" rightly detested by the Duce, is liberty in absolute contradiction to the idea of liberty held by the man who wrote "des droits de l'homme", specifying "the right to do anything that does not harm others".

Pragmatic liberty has degenerated into a fetid licence under usocracy, without the slightest social sense, or sense of economic or monetary justice (I underline the last adjective).

ori 40 (55).

stand the essence of Mussolini's thought. Where Mussolini talks of the State, Douglas speaks of the "Increment of Association", and the more the scotch engineer clarifies his verbal manifestations, the nearer he comes to the Mussolinian ideal. Anybody taking the trouble to investigate this parallel would save himself a lot of time. A countryman of yours (and he was a scientist) said to me one day: "But we Italians are not used to noticing each single word like that". I however contend that somebody ought to consider certain words and phrases with greater attention, for the benefit of the world at large.

Douglas does not yet see that Marx was right in finding defects in the system of profits and excess-profits, but wanting to remedy this by abolishing private property, is the absolute antipode of the policy of the assemblings of grain (ammassi), of family cheques, of the war against the over-large estates and the battle for "one house to each family".

This is so very clear to Italians, that they cannot understand why America and England do not see it.

All the history, too much hidden, of our American Revolution of 1776, of the formation of our ideals for a state, of the betrayals, and finally the failure of this American Revolution which has been, and still is, kept hidden, is unknown in Italy.

ori 40 (55)

stand the essence of Mussolini's thought. Where Mussolini talks of the State, Douglas speaks of the "Increment of Association", and the more the scotch engineer clarifies his verbal manifestations, the nearer he comes to the Mussolinian ideal. Anybody taking the trouble to investigate this parallel would save himself a lot of time. A countryman of yours( and he was a scientist ) said to me one day: "But we Italians are not used to noticing each single word like that". I however contend that somebody ought to consider certain words and phrases with greater attention, for the benefit of the world at large.

Douglas does not yet see that Marx was right in finding defects in the system of profits and excess-profits, but wanting to remedy this by abolishing private property, is the absolute antipodes of the policy of the assemblings of grain (annassi), of family cheques, of the war against the over-large estates and the battle for " one house to each family".

All the history, too much hidden, of our American Revolution of 1776, of the formation of our ideals for a state, of the betrayals, and finally the failure of this American Revolution which has been, and still is, kept hidden is unknown in Italy.

0. 44 (58)

from the Indice, Literary Supplement of Rapallo etc. ? Perhaps to " authenti-
cate perhaps to sustain the thesis that artists are voltometers, not motors -
We are~~sensitive~~, (sensitized~~) ~~we do~~ direct movement, we register the
has anything~~ predisposition before the public ~~will have~~ to do with it.

In the Indice Almanac for 1931-32, I already pointed to symptoms of
French weakness, as in 1914 I had proclaimed the end of an epoch, a percep-
tion ~~enduring~~ and registered for ever by the Duce's formular" Crisis not in the
system, but of the system".

That Roosevelt does not understand Europe, is a fact not easy to
change from
(?? cambiare) at a distance,

IT is not easy (from a distance) to change the fact that R. does not
understand Europe, but one can work towards ~~it~~ curing the
~~here~~. During the last ten years I have seen several peninsular
elements ~~at home~~. fashionable ~~and bads~~
celebrities disappear, and several ~~states w/~~ drown. Perhaps my documenta-
tion might serve to dust out a few remaining corners, some little brain still
wishing to avoid ~~the~~ understanding our epoch.
~~man~~

Francesco Monotti was the first here to understand me, and Gino
Saviotti the first editor with the courage to print me.

0. 45 (59)

Second point: Mario Appelius **Specialist** who now speaks with authority, observes that " the chief capital is now concentrated in N.York." O.K!. That agrees with my: "Its all the same to me if the main firm is in London under the name of Rothschild with the succursal Ilkeheimer in N.Y. or whether the main firm is in N.Y. with the **branch office** in London, under the name ,say, of Lazard". But I am still waiting for the day when somebody will write: " The well-known daily X.Y.Z. **placed** up till 1939 showed a cerebral conformation modelled on the mercantilist period which has never been cured of and is unchangeable". ** Mentality & naivete**

" The well-known journalist who has escaped abroad as voice, etc. etc has not the least understood the Mussolinian economy, nor the *its* aim, nor the direction of the Regime".

I do not wish to destroy. I end these explanations in a constructive spirit and to spare further (or progressive) misunderstandings in the two Americas. ** close **

The different comparative terminology, for example: "Idea Statale", or "statal" Or "the state" with "increment of association"(Douglasist), and with the republican concepts current in the U.S. before the year 1800.

Put the bolschivic ideal " abolition of <u>Property</u> " up against " a house for every family".

Liberty: **liberty not to get into debt.**

" Interpreter of the will of the people's will " how's that to-day
in the anglo-saxon world? It is also known that every Blum, or little
sub- under-Blum,
every Bischirgian, every under-Hambro, lesser Rothschild, lesser Burgin, lesser
Belisha who "emigrates" to America, will bring a jet of poison ( backed up
by the usual little printing house, a publishing house etc.) for the
diffusion of monopolistic ideas, the cornering of products, the liberty to
lie, ( in the press and by voice ), the right, even, to starve others while
preaching love of humanity and divine decrees.

France was sub-jew-gated before her fall.

OPINIONS TO BE RECONSIDERED.

I persist in wishing to see a book of mine published in Italian, and although I despair of a translation of what I have written elsewhere, I continue to want at least a documentation of notes already published, and this not for the beauty of the style, which my best efforts at re-touching have not been able to impose on the proofs, but because I have at least fought the state of mind: "We Italians are not used to considering every single word like that".

And I have fought the state of mind which I have been up against when I want to put two italian words together which are not generally found in conjunction, in the effort to coin an idea, and they tell me " but we do not say..., or else:" but we say it like this, we say..., emitting a cliché or very faded common-place( which does not define my meaning).

One individual cannot be in two places at once. I did not participate in the March on Rome. Nevertheless I have converted slow-minded italians to respect "Fascism".

(Footnote)

Farinacci stated with truth:" If the chief fascists were got together for an examination and asked what corporativism is, every one of them would give a different answer."

For which bit of realism he was rebuked by Starace, a block-head who did a great deal to alienate thoughtful italians from constructive effort. It is doubtful if E.P. ever converted anyone to his personal view of the matter though he lived long enough to see Jefferson quoted on fascist posters.

Translator's note,

I am not surprised Roosevelt has a false and slanted idea of rope/. He does not know Europe, and his ideas about it are all d by the various dirty agencies, Havas, Reuter ( see "Regime Fas- for the list of jews in the french and english agencies after

ori4I (56)

OPINIONS TO BE RECONCILED.

I persist in wishing to see a book of mine published in Italian, would it be possible for me to get elected ... should accept what the crowd accepts, and although I despair of a translation of what I have written elsewhere, I continue to want at least a documentation of notes already published, and this not for the beauty of the style, which my best efforts at re-reading press or what is transmitted over the London press and radio, touching have not been able to impose on the proofs, but because I have at least fought the state of mind: "We Italians are not used to con-oegetes, because it is an important political factor, having converted sidering every single word like that".

And I have fought the state of mind which I have been up against and now it works. Even U. B. himself seems and kills very few when I want to put two Italian words together which are not generally found in conjunction, in the effort to coin an idea, and they tell me "but we do not say...," or else: "but we say it like this, we say...," and making mistakes about the continent, emitting a cliché or very faded common-place (which does not define my meaning).

According to Parinacci stated with truth: "If the chief fascists were got together for an examination and asked what corporativism is, every one of them would give a different answer."

For which bit of realism he was rebuked by Starace, a block-head who did a great deal to alienate thoughtful italians from constructive effort. It is doubtful if H.P. ever converted anyone to his personal view of the matter though he lived long enough to see. Jefferson quoted on fascist posters. Translator's note.

I am not surprised Roosevelt has a false and slanted idea of Europe/. He does not know Europe, and his ideas about it are all formed by the various dirty agencies, Havas, Reuter (see "Regime Fascist"), he will ever be able to understand the agencies after

ori42 (56)

Meyer's advice given in 1890.) It is natural that a man in sympathy with the popular american stupidity, // — without which sympathy he would never have got elected — should accept what the crowd accepts, natural also that, not having studied either European history or that of the United States, he should believe what he reads in the american usurocratic press or what is transmitted over the London cables and radio.

This attitude should be taken into account by the italian pathologists, because it is an important political factor. Having conversed with progressive Londoners I am aware of the mental fog Londonian and how it works. Even G.H.D. himself who sees and kills every local lie in the dirty press, after years of familiarity with falsification, clearly visible to him in regard to the finance of Jerusalem, ends by believing and making mistakes about the continent.

Let me explain. He recognizes any idiocy or complicated lie in connection with money, any financial swindle without hesitation, Federal Union etc., any of the shameless falsification printed in the Times or the Economist re the english Treasury. In fact everything that is, according to his ideas "of importance". He recognizes everything that lies within the range of his own work. But he pays no attention to the international affairs of other nations and reads of them with indifference or merely glances at headlines, and ends by creating round himself a penumbra. His perception is "coloured". The things he accepts inattentively, have accumulated and after fifteen or twenty years he and his followers, some more, some less, are now loaded with prejudice. Douglas is an honest man, and as disinterested as any man can well be. London is nearer Europe than is America. Roosevelt is not disinterested. He is not, like Douglas, a man against the crowd. He badly needs education, which he will get from either BusyBill(Bullitt) or from the Morganthalts father & son unlikely he will ever be able to understand the meaning of the word

ori42 (56)

Meyer's advice given in 1890.) It is natural that a man in sympathy with the popular american stupidity, ~~1/2~~ without which sympathy he would never have got elected --- should accept what the crowd accepts, natural also that, not having studied either European history or that of the United States, he should believe what he reads in the american usurocratic press or what is transmitted over the London cables and radio.

This attitude should be taken into account by the italian pathologists, because it is an important political factor. Having conversed with progressive Londoners I am aware of the mental fog Londonian of Wall Street, and how it works. Even O.H.D. himself who sees and kills every local lie in the dirty press, after years of familiarity with falsification, clearly visible to him in regard to the finance of Jerusalem, ends by believing and making mistakes about the continent.

Let me explain. He recognizes any idiocy or complicated lie in connection with money, any financial swindle without hesitation, Federal Union etc., any of the shameless falsification printed in the Times or the Economist re the english Treasury. In fact everything that is, according to his ideas "of importance". He recognizes everything that ties within the range of his own work. But he pays no attention to the international affairs of other nations and reads of them with indifference or mere glances at headlines, and ends by creating round himself a penumbra. His perception is "coloured". The things he accepts inattentively, have accumulated and after fifteen or twenty years he and his followers, some more, some less, are now loaded with prejudice. Douglas is an honest man, and as disinterested as any man can well be. London is nearer Europe than America. Roosevelt is not disinterested. He is not, like Douglas, a man against the crowd. He badly needs education, which he will not get from either BusyBill (Bullitt) or from the Morganhaus father & son. If this is not a literary problem, why do we read it?

ori 43 (57)
"Bauernfahig" as used in german to-day.

An old pig-headed dutchman, defends wealth, and the interests on money, by race and lifelong habit, usury and monopoly. He does not know, or wish to know, the actions of Jackson; he appears to hate the best traditions of the democratic party.

The U.S. land was opened to the pioneers to clear homesteads, but the division was not protected. Many settlers were not "bauernfahig", and the "bauernfahig" (that is, capable of working the land), or their descendants (remained, were swindled by the usurers and squeezers of Wall Street and London.

The fundamental fact in the history of the U.S.A. is the betrayal of 1863, that is, the selling up of the Americans by Sherman Ikelheimer and Rothschild. Henry James and Henry Adams both felt the rot, without understanding the cause.

Roosevelt appears to ignore this history, and to avoid any study of it; but you Italians, when some British barber's block politician has the gall to quote Lincoln or Jefferson, forget to come back with "Lincoln answered with "Exacetur", and he was murdered at a very opportune moment for the manipulators of money, and creators of public debt, enemies of the greenbacks (i.e. the national money)".

If Chas. F. Adams were alive he would answer: England upheld the South, the slave states. And as to Jefferson, as well as Lincoln would have answered with "Exacetur" the usurocratic claims of the Churchills, and half-bred like Duff Cooperstein, with "Exacetur".

As for the Roosevelt enigma: we know he is of dutch descent. It follows he is hard-headed and emphatic. It may be that Morganthau junior is a stupid and unconscious instrument, or that he is mistaken, or that he is merely the perfect type of baccillus-carrier.

If this is not a literary problem, why do we recall a document-

ori 43 (57)

"Bauernfahig" as used in German to-day.

Alas! The U.S. land was opened to the pioneers to clear homesteads, but the division was not protected. Many settlers were not "bauernfahig", and the "bauernfahig" (that is, capable of working the land), or their descendants (XX/YY) remained, were swindled by the usurers and squeezers of Wall Street and London.

The fundamental fact in the history of the U.S.A. is the betrayal of 1863, that is, the selling up of the Americans by Sherman Ikelheimer and Rothschild. Henry James and Henry Adams, both felt the rot, without understanding the cause.

Roosevelt appears to ignore this history, and to avoid any study of it; but you Italians, when some British barber's block politician has the gall to quote Lincoln or Jefferson, forget to come back with "Lincoln answered with "Exacetur", and he was murdered at a very unfortunate moment for the manipulators of money, and creators of public debt, enemies of the greenbacks (i.e. the national money)".

As for the Roosevelt enigma: we know he is of Dutch descent. It follows he is hard-headed and emphatic. It may be that Morganthau junior is a stupid and unconscious instrument, or that he is mistaken, or that he is merely the perfect type of baccillus-carrier.

ori 44 (58)

tation from the "Indice", Literary Supplement of Rapallo etc.? Perhaps to
"authenticate" perhaps to sustain the thesis that artists are volto-
meters, not motors. We are sentized, we do not direct movement, but
we register the predisposition before the public has anything to do with it.

I already pointed to symptoms of French weakness, in the Indice
Almanac for 1931-32, as in 1914 I had proclaimed the end of an epoch, a
perception backed up and registered for all time by the Duce's formula
"crisis no longer not in the system, but of the system."

It is not easy from a distance to change the fact that Roosevelt
does not understand Europe, but one can work towards curing the
elements here. During the last ten years I have seen several peninsular
celebrities disappear, and several fashions and fads drown. My documenta-
tion might serve to dust out some remaining corners, some little brain
still wishing to avoid understanding our epoch.

Francesco Monotti was the first man here to understand me, and
Gino Saviotti the first editor with the courage to print me.

ori 44 (58)

tation from the "Indice", Literary Supplement of Rapallo etc.? Perhaps to
obey that the main capital is now concentrated in New York." O.K.
"authenticate" perhaps to sustain the thesis that artists are volto-
meters, not motors. We are sentimentated, we do not direct movement, but
London under the name of Rothschild with the successful Ixleheimer in N.Y.
we register the predisposition before the public has anything to do with it.
whether the main firm is in N.Y. with the branch office in London or it

I already pointed to symptoms of French weakness, in the Indice
under the name of Léonard. But I am still waiting for the day
Almanac for 1931-32, as in 1914 I had proclaimed the end of an epoch, a
when somebody will write: "The well-known daily N.Y.Z. up till 1931
perception backed up and registered for all time by the Duce's formula
aboard a prussian conformism modelled on the mentality of the German-
" crisis not in the system, but of the system."

It is not easy from a distance to change the fact that Roosevelt
the well-known journalist who has escaped abroad as voice, etc.
does not understand Europe, but one can work towards curing the
elements here. During the last ten years I have seen several peninsular
celebrities disappear, and several fashions and fads drown. My documenta-
tion might serve to dust out some remaining corners, some little brain
oppositional drift and to spare further (or progressive) misunderstandings
still wishing to avoid understanding our epoch.

"State," "or statal" or "the state" with "increment of association"
(Douglas), and with 000000, 000000, 00000000 in the U.S. before
the year 1900.

Put the bolschvic ideal "abolition of property" up against
"A house for every family".

Liberty: liberty to keep out of debt.

"Interpreter of the peoples' will" how's that today in the
anglo-roman world? It is also known that every Blum, or sub-Blum, every
Blessingian, every sub-Blumero, lesser Rothschild, lesser Burgin, lesser
Beliebte who "emigrates to America, will bring in a jet of poison (
backing up by the usual printing house, publishing house etc.) for the en-
diffusion of monopolistic ideas, cornering products, the liberty to lie,
on the press and by voice), the right, even, to starve others while
preaching love of humanity and divine decrees.

ori 45 (59)

Second point: Mario Appelius who now speaks with authority, observes that" the main capital is now concentrated in New York." O.K! That agrees with my: "Its all the same to me if the main firm is in London under the name of Rothschild with the succursal Ikleheimer in N.Y. or whether the main firm is in N.Y. with the branch office in London, und under, say, the name, say, of Lazard". But I am still waiting for the day when somebody will write :" The well-known daily X.Y.Z. up till 1939 showed a cerebral conformation modelled on the mentality of the mercantilist period which has never been cured and is unchangeable".

"The well-known journalist who has escaped abroad as voice, etc. etc. has not the least understood the Mussolinian economy, nor its aim, nor the direction of the Regime".

I do not wish to destroy. I end these explanations in a constructive spirit and to spare further(or progressive ) misunderstandings in the two Americas.

The difference in comparative terminology, for example:"Idea a Statle ", or"statal" or "the state" with "increment of association" (Douglasist),and with the republican concepts current in the U.S. before the year 1800.

Put the bolschivic ideal " abolition of Property" up against "A house for every family".

"Interpreter of the peoples' will" how's that today in the anglo-saxon world? It is also known that every Blum, or sub-Blum, every Bischirgian, , every sub-Hambro, lesser Rothschild, lesser Burgin, lesser Belisha who " emigrates "to America, will bring in a jet of poison ( backed up by the usual printing house, publishing house etc. ) for the diffusion of monopolistic ideas, cornering products, the liberty to lie, ( in the press and by voice ), the right, even, to starve others while preaching love of humanity and divine decrees.

ori 45 (59)

Second point: Mario Appelius who now speaks with authority, observes that" the main capital is now concentrated in New York." O.K! That agrees with me:" Its all the same to me if the main firm is in London under the name of Rothschild with the succursal Ikleheimer in N.Y. or whether the main firm is in N.Y. with the branch office in London, and under, say, the name, say, of Lazard". But I am still waiting for the day when somebody will write:" The well-known daily X.Y.Z. up till 1939 showed a cerebral conformation modelled on the mentality of the mercantilist period which has never been cured and is unchangeable".

" The well-known journalist who was escaped abroad as voice, etc. etc. has not the least understood the Mussolinian economy, nor its aim, nor the direction of the Regime".

I do not wish to destroy. I end these explanations in a con-
structive spirit and to spare further(or progressive ) misunderstandings
in the two Americas.

The difference in comparative terminology, for example:"Idea
a
Statle ", or"statal" or "the state" with "increment of association"
(Douglasist), and with the republican concepts current in the U.S. before
the year 1800.

Put the bolschivic ideal " abolition of Property?" up against
"A house for every family".

"Interpreter of the peoples' will" how's that today in the
anglo-saxon world? It is also known that every Blum, or sub-Blum, every
Bischirgian, , every sub-Hambro, lesser Rothschild, lesser Burgin, lesser
Belisha who " emigrates "to America, will bring in a jet of poison (
backed up by the usual printing house, publishing house etc. ) for the di
diffusion of monopolistic ideas, cornering products, the liberty to lie,
( in the press and by voice ), the right, even, to starve others while
preaching love of humanity and divine decrees.

J. 0 46 ( _60)

About a new Economy.

Rothschild ( baron Eugene) goes to America. According to the latest re-
regulations the U.S. ought to admit only elements useful to the public good of
the nation. If there exists a by-product or human garbage which is not use-
ful, in fact pestilential and superflouous for the U.S., it is certainly that
that made up of usurers and money-lenders. There are already enough of the
working man is excluded from the U.S. because he is un-employable through the
inhumanity
of the usurocracy, ~~which~~ while the land spoils and
grows
becomes sterile dust for lack of adequate care. ( dust-bowls?)

Meanwhile the promoters of this war hope for further massacres
be carried out in the near future, and that the need for a new system of
international trade will to augment their monetary gains.

Lindberg feels the need to protest. I feel the need to educate. Until a
special vocabulary exists, it is impossible to communicate. Certain Italian
words are incomprehensible in the "melting-pot", the word invented by Zang-
will to describe the bastardization of all the races gathered in America.

If I wanted to translate the word? sindacato, confederation, corpora-
tion, how can I? union? confederation? body? better thus than by sindacates.
and confederation for corporation.

"Press Syndicate" is only a way of publishing contemporaneously
the same rubbish or lies in 300 papers.

"Confederate", the southern states in 1861.

"Steel Trust" equals corporation.

Somebody should make a linguistic dictionary of concordat and explain
the most common words.

On the Sept. 6, XVIII E.F. Petain took away French citizenship from
four or five Rothschilds. A good beginning, ... but there are still 14 dynasties
of aryans. syphilitic aryan dynasties, families imported by the SWINE
Necker for the corruption of France. The Regents of the Banque were fifteen

O. 47 (61)

There were fifteen Regents of the Banque. And while that system remains that gang in power, or just behind the (rulers) power, any reform in France is a fiction, a mask, a betrayal of the french people.

As to the functions of the banks:

THE STATE CAN LEND.

Sometimes a remedy becomes poison through superstition. The nature of the malady is forgotten and the remedy becomes a habit. Some people, scandalized by Gesell's proposals, answer: "But the state ought not to be mixed up with commerce, the state ought not to become banker, the state is not able to lend".

seems To new because
The idea that the state can lend money is an unheard of innovation due to their ignorance. The classic authors are forgotten. The idea that the state should lend money was anything but new to Trajan and the reformer emperors. The abuse consisted in lending money (hard cash) to favourites,貸-rasites and whoever, that is to persons who often did not repay the debt. Upsets therefore.

Money necessary for public works ought not to be lent to persons who will not repay. (unreliable). The superstition that the state cannot lend, or any way ought not to, lend money, has arisen from this clear perception.

Note that stamp script proposed by Avigliano and Gesell, would not be lent to non-payers. Refer to Odon Por's "La Nuova Finanza" for clear details of this proposal. Whoever had received this paper money from the state for work done, would not be a debtor, but a creditor of the public. Anybody not using the money received, i.e. not putting it into circulation, stimulating the exchange of goods, would lose slightly every month in which the money did not "function".

The state benefits by a small fine. And the state works. When the state works, it has the right to pay a salary. The evil lies in the fact that, in contagion, infamous diseases (disease?) consecrated by centuries the money-lenders are

0. 48 (62)

installed in the states, eating without working doing anything and they progressively weaken all the organization of life.

Laws of empire or laws of the nature of empire? A people who pay double rent (tax) cannot compete perpetually with races who pay only one rent.

Human endurance is a marvel. Sick empires have taken a century or two three to disappear, As certain syphilitic families persist, In bad condition, but they persist. (nevertheless persisting)

But a people is handicapped who pays two lots of taxes, one to the state and the other ( generally five times greater ) to the usurers.

With the system of "ammassi", pooling of produce, we return to a san, ty, system. China and England of good memory from the epoch of "tithes", have forgotten (?? given up) these taxes paid in kind, in goods that the citizens and country-people etc. produced or possessed. Perhaps we shall have got as far as pathological study of comparative states by the time this article goes to the printer. I do not inflict notes or indications of origin on the reader, every time a phrase of mine parallels or derives from, Brooks Adams. I add to the necessary ideas, three others having bearing:

1. Liberty not to get into debt
   partnership

2. Difference between "Sharing", division of the fruits or profits, as well as of the losses, and the fixed tax imposed without courage or pity.

3. System of the "nine" fields, (a method of sharing: the grain from the central field went to the treasury for the reasonable expences of the state.)

Having learnt this system in China the Jesuits introduced it into the natives in South America. They set up a utopia which functioned. The world didn't believe it. They couldn't believe such prosperity could ar-ise without gold. The Jesuits were accused of having discovered mines, they were killed after being submitted to be tortured to the reveal the place of

0. 49 (63)

the non-exitent mines And indeed the Jesuits' action was very dangerous.
They had sinned in the most terrible manner. They had found out that gold
is not necessary to prosperity!' The monopolists answered: Die.' Voltaire
paid homage to the memory of this most successful"experiment".

Economic Conjectures.

Five years ago A.de Stefani's writings got on my nerves. Not because he was
in the train
wrong, but because of the time-lag. Then one day, near Bolzano, I spoke o
of him with a fruit-merchant, who said "but he is a theorist". With
the declarations of Reichsminister Funk, a great-govener has got as far
as making clear statements. De Stefani had simply kept in contact with
the public of the dailies.Twenty years' controversy has been finally set-
tled by Odon & Por's books, and the declarations of the Reichsminister.
There is solid ground under our feet, not only paper.

The true nature of money is recognized, that is, money of the state,
guarantee of the purchasing power.

The problem still remains of how to guarantee this power and how/tan/
of what quantity of money there should be made to correspond with the available
goods.

I should say( and I invite discussion by the competent) that stamp-
scrip ought to be issued against merchandize which deteriorates quickly,
Fruit, vegetables, provisions, . After which I would employ ordinary
money against durable goods( of various degrees), furni-
ture etc., that is state notes, not stamp-scrip.

Money interest-bearing (9%) would be limited, in Utopia, to shares
and productive industries, that is, the mediaeval sharing would be in use.
The risks and gains of the fields or factories would be divided. And in this
case interest would be just (justifiable?) As the fascist system goes ahead
the less need of loans will be felt. But I run ahead of the times.

I don't believe this proposal is considered orthodox yet, but it seems
advisable to me, that any loan should have a limited interest(2%) on

0. ₮50 (64)

Let us say, provisionally, that every loan should give a total profit at
the most 5%. That is, that after the 15% payment, every payment by the
debtor should serve to pay off part of the capital. Therefore if you pay 5% per
annum, the 5% of the 1st fourth year would reduce the debt from 100 to
95 lite, and the loan would be extinguished in 23 years. If the interest
were 3%, the 2nd extinction would begin in the sixth year and the loan
be extinguished in 39 years and four months. Or sooner, if the debtor wished
to quicken his payments.

This proposal is not to be taken lightly. Sooner or later, a Hungarian-
roumenian frontier must be established, even in the thorny questions
of finance.

We are moving toward an era when money lent out will no longer be
fictitious money issued by the english, Jewish, french banks, created ex
nihil, or lent in excess of what is really existing in the strong
room of the bank (i.e., the system of usury at 60% so loved by the extor-
tioners, ruin of peoples and empires).

This is perhaps the only new proposal I have ever made in the eco-
nomic field. As to the idea that the state can lend: the fleet that won
at Salamis was built with money lent by the State of Athens. And Aristotle
records the fact (Constitution of Athens, XXVII, 7).

orl 40 (60)

## ABOUT A NEW ECONOMY.

Rothschild (baron Eugene) goes to America, according to the lat regulations, the U.S. ought to admit only elements useful to the national public good. If there exists a by-product or human garbage which is not useful, in fact pestilential and superfluous for the U.S., it is certainly that made up of usurers and money-lenders. There are already enough of them there. The working-man is excluded from the U.S. because he is un-employable through the idiocy and beastliness of the usurocracy, while the land erodes and grows sterile for lack of adequate care. (dust-bowls),

Meanwhile the promoters of this war hope for further international massacres to augment their monetary gains. Lindberg feels the need to protest. I feel the need to educate. Until a definite vocabulary exists, it is impossible to communicate. Certain Italian words are incomprehensible in the "melting-pot", a term invented by Zangwill to describe the bastardization of all the races gathered into America.

If I wanted to translate the words: sindacato, confederazione, corporazione, how can I? union? confederation?, body?, better thus than by syndicate and confederation for corporation.

"Press Syndicate" is only a way of publishing contemporaneously the same rubish or lies in 300 papers.

"Confederate," the southern states in 1861.

Somebody should make a linguistic concordat and explain the most common words.

On Sept. 6. XVIII.E.F. Petain took away French citizenship from four or five Rothschilds. A good beginning... but there are still 14,

ori 46 (60)

## ABOUT A NEW ECONOMY.

Rothschild ( baron Eugene) goes to America, according to the late regulations, the U.S. ought to admit only elements useful to the national public good. If there exists a by-product or human garbage which is not useful, in fact pestilential and superfluous for the U.S., it is certainly that made up of usurers and money-lenders. There are already enough of them there. The working-man is excluded from the U.S. because he is un-employable through the idiocy and beastliness of the usurocracy, while the land erodes and grows sterile for lack of adequate care. ( dust-bowls.)

If I wanted to translate the words: sindacato, confederazione, corporazione, how can I? union? confederation, body, better thus than by syndicate and confederation for corporation.

"Press Syndicate" is only a way of publishing contemporaneous clear percepts.

On Sept. 6. XVIII.E.F. Pétain took away French citizenship from four or five Rothschilds. A good beginning... but there are still 14,

ori.47 (6I)

syphilic often aryan dynasties, families imported by the swine Neck
for the corruption of France.

There were fifteen Regents of the Banque. And while that system
retains that gang in power, or just behind the rulers, any reform in
France is a fiction, a mask, a betrayal of the french people.

the STATE CAN LEND.

Sometimes a remedy becomes poison through superstition. The nature of the malady is forgotten and the remedy becomes a habit. Some people, scandalized by Gesell's proposals, answer: "But the state ought not to be mixed up with commerce, the state ought not to become banker, the state cannot lend".

The idea that the state can lend money seems to them an unheardof
innovation because of their ignorance. The classic authors are forgotten.
The idea that the state should lend money was anything but new to Trajan
and the reformer emperors. The abuse consisted in lending the state's
money (hard cash) to favourites, parasites and nondescript persons who
often did not repay the debt, thereby creating complications.

Money necessary for public works ought not to be lent to unreliable people who will not repay. The superstition that the state cannot, or at any rate ought not to, lend money, has arisen from this clear perception.

Note that stamp script proposed by Avigliano and Gesell, would
not be lent to non-payers. Refer to Odon Por's "La Nuova
Finanza" for the clear details of this proposal. Whoever had received
this paper money from the state for work done, would not be a debtor, but
acreditor of the public. Anybody not using the money received, i.e.
not putting it into circulation, stimulating the exchange of goods, would
lose slightly every month in which the money did not "function".

ori.47 (61)

syphilic often aryan dynasties, families imported by the swine Necker
for the corruption of France.

the STATE CAN LEND.

Sometimes a remedy becomes poison through superstition. The nature of the
malady is forgotten and the remedy becomes a habit. Some people, scan-
dalized by Gesell's proposals, answer: "But the state ought not to be
mixed up with commerce, the state ought not to become a banker, the state
cannot lend".

The idea that the state can lend money seems to them an unheardof
innovation because of their ignorance. The classic authors are forgotten.
The idea that the state should lend money was anything but new to Trajan
and the reformer emperors. The abuse consisted in lending the state's
money (hard cash) to favours, parasites and nondescript persons who
often did not repay the debt, thereby creating complications.

Money necessary for public works ought not to be lent to un-
reliable people who will not repay. The superstition that the state
cannot, or at any rate ought not to, lend money, has arisen from this cle-
clear perception.

ori 48 (62)

The state benefits by a small fine. And the state works. When the state works, it has the right to a salary. The infamous disease consecrated by centuries lies in the fact that, the money-lenders are installed in the states, eating without doing anything and that they progressively weaken all the organization of life.

Laws of empire or laws of the nature of empire? A people who pay double rent cannot compete perpetually with races who pay only one rent.

Human endurance is a marvel. Sick empires have taken a century or three to disappear, as certain cypophilic families persist, in bad condition, but they persist.

But a people that pays two lots of taxes, one to the state and the other (generally five times greater) to the insurers, is handicapped.

With the system of the "ammassi", (assembling of produce) we return to a sanity. China and England of the largely forgotten tithe epoch paid taxes in kind, in goods that the citizens and country-people etc. produced or possessed. Perhaps we shall have got as far as pathological comparative studies by the time this article goes to the printer. I do not inflict notes or indications of origin on the reader, every time a phrase of mine parallels or derives from, Brooks Adams. I add the necessary ideas, three others having bearing:

1. Liberty to keep out of debt

2. difference between "Sharing", partnership, division of the fruits or profits, as well as of the losses, and the fixed tax imposed without courage or pity.

3. System of the "nine" fields, ( a method of sharing: the grain from the central field went to the Government for the reasonable expenses of the state.)

Having learnt this system in China, the Jesuits introduced it to the natives in South America. They set up a Utopia which functioned.

The state benefits by a small fine. And the state works. When the state works, it has the right to a salary. The state is consecrated by centuries lies in the fact that, the moment it is installed in the states, eating without doing anything at all, it progressively weakens all the organization of life.

A state which has to pay double rent cannot compete perpetually with races who pay only one rent.

Laws of empire or laws of the nature of empire? A free state who pays double rent cannot compete perpetually with races who pay only one rent.

Human endurance is a marvel. Sick empires have taken over three to disappear, as certain syphilitic families persist, and condition, but they persist.

With the system of trade "amassasi", (assembling of produce) return to a sanity. China and England of the largely forgotten title epoch paid taxes in kind, in goods that the citizens and country-people etc. produced or possessed. Perhaps we shall have got as far as pathological comparative studies by the time this article goes to the printer.

I do not inflict notes or indications of origin on the reader, every time a phrase of mine parallels or derives from, Brooks Adams. I add the necessary ideas, three others having bearing:

3. System of the "nine" fields, (a method of sharing: the grain from the central field went to the Government for the reasonable expenses of the state.)

ori 49 (63)

The world didn't believe it. They couldn't believe such prosperity could arise without gold. The Jesuits were accused of having discovered mines, they were killed off after being tortured to reveal the site of the non-existent mines. The Jesuits action was, indeed, very dangerous. They had sinned in the most terrible manner. They had found out that gold is not necessary to prosperity: The monopolists answered: "Die". Voltaire paid homage to the memory of his most successful "experiment".

ECONOMIC CONJECTURES.

Five years ago A. de Stefani's writings got on my nerves. Not because he was wrong, but because of the time-lag. Then one day in the train near Bolzano, I spoke of him to a fruit-merchant, who said "but he is a theorist". With the declarations of Reichsminister, a high official has got as far as making clear statements. De Stefani had simply kept in contact with the public of the dailies. Twenty years' controversy has finally been settled by Odon Por's books, and the declarations of the Reichsminister. There is solid ground under our feet, not only paper.

The true nature of money is recognized, that is a state guaranteed of the purchasing power.

The problem still remains of how to guarantee this power and as to how the quantity of money should be made to correspond to the available goods.

I should day (and I invite discussion by the competent) that scrip ought to be issued against merchandize which deteriorates quickly: fruit, vegetables, provisions. After which I would employ ordinary money against durable goods (of various degrees), furniture etc., that is state notes, not stamp-scrip. # #

### footnote###
A statement already dated with respect to E.P. Slater writing, and another gesellite procedure for bank deposits. Interest-bearing money would be limited, in Utopia, to shares in

ori 49 (63)

The world didn't believe it. They couldn't believe such prosperity could arise without gold. The Jesuits were accused of having discovered mines, they were killed off after being tortured to reveal the site of the non-existent mines. The Jesuits action was, indeed, very dangerous. They had sinned in the most terrible manner. They had found out that gold is not necessary to prosperity! The monopolists answered: "Die". Voltaire paid homage to the memory of his most successful "experiment".

ECONOMIC CONJECTURES.

Five years ago A.de Stefani's writings got on my nerves. Not because he was wrong, but because of the time-lag. Then one day in the train near Bolzano, I spoke of him to a fruit-merchant, who said "but he is a theorist". With the declarations of Reichsminister, a high official has got to be as far as making clear statements. De Stefani had simply kept in contact with the public of the dailies. Twenty years' controversy has finally been settled by Odon Por's books, and the declarations of the Reichsminister. There is solid ground under our feet, not only paper.

The problem still remains of how to guarantee this power and as
to how the quantity of money should be made to correspond to the avail-
able goods.

I should day ( and I invite discussion by the competent) that
scrip ought to be issued against merchandize which deteriorates quickly
fruit, vegetables, provisions. After which I would employ ordinary
money against durable goods (of various degrees), furniture etc., that is
state notes, not stamp-scrip. # #

### footnote###
A statement already dated with respect to E.P.'slater writing, and another gesellite procedure for bank deposits.
Interest -bearing money would be limited, in Utopia, to sharesin

ori 50 (63)

productive industries, that is, the mediaeval sharing ethics would again function. The risks and gains of the fields or factories would be divided. And in this case interest would be just. The more the fascist system goes into action the less need will be felt for loans. But I run ahead of the times. I don't believe this proposal is considered orthodox yet, but it seems advisable to me, that there should be a limit to the total interest on any loan. Let us say, provisionally, that every loan should give a total profit of at the most 15%. That is, that after the 15% payment, every payment by the debtor should serve to pay off the capital of the loan. Therefore if you pay 5% per annum, the 5% of the fourth year would reduce the debt from 100 to 95 lire, and the loan would be extinguished in 23 years. If the interest were 3%, the extinction would begin in the sixth year and the loan be extinguished in 39 years and four months. Or sooner, if the debtor wished to accelerate his payments.

This proposal is not to be taken lightly. Sooner or later a hungarian-roumanian frontier must be established, even in the thorny questions of finance.

We are moving toward an era when money lent out will no longer be fictitious money issued by the english, Jewish, French banks, created _ex nihil_, or lent 90% in excess of what really exists in the bank's strong room(i.e. the system of usury at 60% so loved by the extortioners, to the ruin of peoples and empires).

This is perhaps the only new proposal I have ever made in the economic field. As to the idea that the state can lend: the fleet that won at Salamis was built with money lent by the State of Athens. And Aristotle records other facts (Constitution of Athens, XXVII,7).

productive industries, that is, the mediaeval sharing ethics would again function. The risks and gains of the fields or factories would be divided. And in this case interest would be just. The more the fascist system goes into action the less need will be felt for loans. But I run ahead of the times. I don't believe this proposal is considered orthodox should be a limit to the yet.. but it seems advisable to me, that there total interest on any loan. Let us say, provisionally, that every loan should give a total profit of at the most 15%. That is, that after the 15% payment, every payment by the debtor should serve to pay off the capital of the loan. Therefore if you pay 5% per annum, the 5% of the fourth year would reduce the debt from 100 to 95 lire, and the loan would be extinguished in 23 years. If the interest were 3%, the extinction would begin in the sixth year and the loan be extinguished in 39 years and four months. Or sooner, if the debtor wished to accelerate his payments.

We are moving toward an era when money lent out will no longer be fictitious money issued by the english, Jewish, French banks, created _ex nihil_, or lent 90% in excess of what really exists in the bank's strong room (i.e. the system of usury at 60% so loved by the extortioners, to the ruin of peoples and empires).

This is perhaps the only new proposal I have ever made in the economic field. As to the idea that the state can lend: the fleet that won at Salamis was built with money lent by the State of Athens. And Aristotle records other facts ( Constitution of Athens, XXVII,7).

O. 5I. (64)

## Freem Exchange

Minister Riccardo's recent article merits to be read with the greatest attention. This article is the clearest exposition of the new economic direction that I have been able to read; nevertheless it contains some words not to the Minister, but to the American readers. I reiterate my warning against the betrayal of these words as all economic terminology has been falsified already.

Raffaello Riccardi writes "libero scambio" (free exchange) giving this term a correct meaning. (?? these words a correct set of meanings). But the so-called free exchange (trade) has not been free for a century or more for several centuries.

No trade is free where one party is obliged to exchange his goods at an unjustly low price, or against his will. And the illiberal (which is called liberal) system was nothing less than a strangulation through monopoly, or "dumping", that is, a market depression with merchandise offered at low price in order to ruin the "enemy" or the rival. (undercutting)

After the 1914-18 war the big limited companies put up the price of chickens to 7/6 a pair to prevent the veterans (moneyless) from starting chicken-farming on their own on a large scale; and this was roughly speaking the system employed between nations.

To-day a world conflagration may start up because the U.S.A. is having a fit of hysterics over the inflation from the Dutch East Indies. It would be a pity to lose the last battle through lack of understanding between the two countries.

One must explain to my American compatriots the importance of exchanges and multi-lateral treaties, because they have a holy terror of the word **barter**.

They must learn to understand the wide meaning of the phrase "money of account". The Minister proposes a "money of account", but it is necessary to make this clear as possible to avoid confusion.

0. 52 (65)

liability

Usury and Limited Companies.

Two Limited Liability Companies, have made themselves talked about, mainly hide themselves from all investigation; the members of the Bank of England, whose names were not revealed even after the outbreak of this war to the inquiring Member of Parliament, and the equally anonymous firm who sold gold to the Treasury from 1933 onwards. I repeat that the said Treasury has not a list of those which they can distribute of those who from whom they bought gold from Jan. I 1932." And that the greatest part of the gold coming from abroad which the Treasury acquired, was bought after its arrival in the U.S. Also to be noted that the gold sent to the U.S.A. may have been in the possession of either a government or any individuals.

The twenty-five million dollars lent to Chiang Kai Chek are a mere nothing by comparison with the ten billions spent by Morganthau in acquiring gold. I am not convinced that the problem of the Far East should be too much simplified. Analysis of the war has been excellently done in an article signed "O.R.A." in the "Bolletino d'Informazioni della Federazione Soc. Italiane per Azioni," Oct. 15, 1939, Gold Shortage (p. 516).

By integer(777) in the U.S.A.: dollars 138; France dollars 65 (not in 1940, but in 1939); United Kingdom dollars 49 (approximately).

In the second group: Italy dollars 5; Japan dollars 0.40, that is forty cents.

The genoese have a proverb: "A qui nissun lo e": and I hope that no Italian, German, or Japanese will ever be so simple or wheat so idiotic as to accept a metal nearly useless in exchange for grain or wool. A nation is badly governed when it leaves the control of purchasing power in other hands, or when it bases the purchasing power on a substance that other countries can produce more easily or abundantly, or when other people can control, manipulate, etc., creating artificial poverty for the people.

0. 53 ( 66 )

suspect
We observe that China is not listed by the Bollettino, and I doubt
if it is for lack of information. I also note, not only that the Bank of
Central China issues paper money of five cents, and that Sun Co. (S'hai)
Ltd. (Soo Limited) issues to the nominal value of one cent( approx. 15
do not abound
italian centesimi) so that it seems metallic money is not in abundance in
that country. I see the monetary problem everywhere in the Occident
with the great frauds committed in the last two centuries; frauds having a
durum which had
repercussions on european life. But I am not convinced that all China
sees this problem with my eyes. If the China of Chiang Kai Chek has accom
plished a "reform", reducing the tax interest to a legal 20% ( equal to two
hundred 2 cent, and not twenty, p.c. when the bank trick of the mercanti-
list system is added) one can only think that some distinc tion exists
between ourselves and the Far East.

WE know that India is exploited by the Brahmins who do not oppose
the usurers, and we also know that after the Mohomedan conquest no civic
sense ever penetrated there. Gandhins only touched the scattered villages
each for itself
isolated, without any capacity for organizing a nation. A jungle, fertile
perhaps possible
disadvantage
possibly, but absolutely below any European concept of civic life. The
chaos in China must have come from the loss of all economic sense, a fear
ful loss, when one considers the organic power which created the great
dynasties. (??? organization?? vital power? elan vitale)

Nevertheless I cannot believe that the twenty-five million dollars
in
lent by the dirtiest usurers of America with the intention of keeping up
confusion in the Far East, the Chinese Mao Tse Kuei
in this light
an unrelenting
an ongoing war

I am sorry to learn that the book "The British Empire and the
British People" was not written in English ( as I indicated in "Meridiano)
but in Japanese, and we still lack a translation into italian or german,
but even if we had all the facts which are exposed by T. Itoh (2nd) relative
to Sassoon and the other shysters in Shanghai, we should still not know

O. 54 (67)

enough about the fight between Japan and the Chinese continent. Those two
twenty-five million dollars are too few to have much importance as against
the material possibilities of China. And what is happening to Chiang? A
small quantity of out-of-date munitions over-burdened by transport
charges and the heavy commissions to various agents, etc.

I have shouted for eight years against the american propaganda put out in
New York during the last two decades. Now I am preoccupied about the
chinese
raw materials which would be so useful to the Rome-Berlin- Tokyo triangle
hoping naturally, that the U.S.A. will collaborate with the weight of their
130 or 140 million inhabitants on the side of a sane and just collaboration.
A sane economic system calls for the defence of "work-money". With this idea a collaborator on the Japan Times and another from "Gerarchia" (Oct XVIII) the selling
express themselves simultaneously, rejecting a bad old custom of the sale
of Japanese and Italian labour on the world market at an unjustly low price.

I repeat,: the old Roman Empire began to decay with the sale, in the
Italian market, of Egyptian grain at prices which ruined the agriculture in
the peninsula.

Peace rises, almost inevitably, from the just price. And the
just price carries with it the defence of purchasing power of work ( especially agricultural labour), but also non-dumping. And the almost savage fur
which Japan inspires, arises from the fear of Japan's capacity to drown other
markets with merchandize - low-priced. China however does not share this fear.

We are all so ignorant of China that we should collect (pool) the
little we know.

The Chinaman says: " Japan needs our raw materials. We are disposed to concede commercial advantages in the "five provinces". Japan has to work hard and has to export small things like toothpicks, for lack of material.
But it is also said: "Chiang Kai Chek is a hero".

Naturally my eyes turn to Pekin. From all I read about Wang Chin We