products compete with the little man's products. The oil man with gold flowing from inexpensive holes in the ground, take their billions and go out and buy up hundreds of thousands of acres of land, driving the small farmers off the land, into the cities to become burdens on the backs of the rest of the producers. The Nation's bankers are busy destroying labour unions, the working man's only means of fighting for a decent wage, and entering into even union elections ...couple this with the debt dollar's dispossessing the property holders, and you put our government completely in the hands of the debt dollar few. That means that by legislation they will have complete control.
They gave us a 7 -Mills Dollar for a 100-Cent Dollar Quoting Congressman Patman again, in the Congressional Record, April 30, 1957:
"Now let us take the value of money today. They talk about a dollar going down to 50 cents. For certain purposes it has gone down to 7 mills. Imagine a dollar worth (only) 7 mills. That is exactly right. If you measure the value of a dollar in interest that was paid by the Government in 1939 on 90-day Treasury bills; with the interest that is paid today on 90-day Treasury bills, you will discover that to be a fact. It is really astounding. It is really shocking. Yesterday the newspapers would not carry it because they thought there was something wrong about it. There is nothing wrong about it. You pay $143 today for interest on the same amount of money on Treasury bills, for the same length of time, that you paid only $1 for in 1939. There is the value of a dollar sinking from $1 in 1939, for the purpose of paying interest on 90-day Treasury certificates, to 7 mills in April, 1957. "Furthermore, the value of the dollar on prime commercial paper, 4 and 6 months that is also very disturbing — is only worth 16.3 cents. That is all it is worth for purposes of paying interest on prime commercial paper, 4 to 6 months. It is worth about one-sixth of what it was worth in 1939."