Lincoln

Lincoln

I’m not so sure that the following quote is absolutely correct.  By the time of his death, Lincoln is deeply in Chase’s pocket, and Seward was no friend.  Perhaps Lincoln should be given the benefit of the doubt; perhaps Lincoln was silenced to protect Chase’s illegitimate baby.  Nevertheless, Lincoln allowed it to happen on his watch.  Had Lincoln lived, would he have overthrown his error?  We can never know.  That this was a grievous error should be clear to all.  The legacy of this era remains the death of millions and debt slavery, no matter whom we may choose to blame for these tragedies.

“Given Lincoln’s enthusiasm for the state issue of ‘all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers’, it is certain that he would have reversed the National Bank Act after gaining renewed public support in his re-election victory.  John Dunn on Lincoln.  That is, had he not been assassinated only forty one days after being re-elected.  The National Bank Act was safe but, if Bismarck was right, it had taken a highly mechanised and vicious war, with the resultant death of millions, to make it so.

“Only sixteen years after Abraham Lincoln’s assassination, President James Garfield met the same bloody fate, even though he did not support the greenback and conceded that paper should be backed by silver and gold.  He was resolute in affirming however that Congress should be master of the money supply.  In his inaugural address he insisted that it was ‘the chief duty of the National Government in connection with the currency of the country is to coin money and declare its value’.

“Tzar Alexander II

“Tzar Alexander II was assassinated in the same year, following several attempts on his life since 1866, shortly after Lincoln’s death.  However, Russia remained beyond the clutches of Usura, and the murdered Tzar was succeeded by his son, Alexander III.”




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