Richard, I note the preceding paragraphs in your link confirm my previous quote:
They therefore asked Franklin how he could explain the remarkable prosperity of the New England Colonies. Franklin replied:
"That is simple. In the Colonies, we issue our own paper money. It is called 'Colonial Scrip.' We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one."
The Bankers Impose Poverty
Mayer Anselm Rothschild, the great European Banker, once said: "Permit me to issue and control the money of a nation, and I care not who makes its laws..."
The information came to the knowledge of the English Bankers, and held their attention. They immediately took the necessary steps to have the British Parliament to pass a law that prohibited the Colonies from using their scrip money, and then ordered them to use only the gold and silver money that was provided in sufficient quantity by the English bankers. Then began in America the plague of debt-money, which has never since brought so many curses to the American people.
The first law was passed in 1751, and then completed by a more restrictive law in 1763. Franklin reported that one year after the implementation of this prohibition on Colonial money, the streets of the Colonies were filled with unemployment and beggars, just like in England, because there was not enough money to pay for the goods and work. The circulating medium of exchange had been reduced by half.
Franklin added that this was the original cause of the American Revolution - and not the tax on tea nor the Stamp Act, as it has been taught again and again in history books.
The financiers always manage to have removed from school books all that can throw light on their own schemes, and damage the glow that protects their power.
"After Franklin gave explanations on the true cause of the prosperity of the Colonies, the Parliament exacted laws forbidding the use of this money in the payment of taxes. This decision brought so many drawbacks and so much poverty to the people that it was the main cause of the Revolution. The suppression of the Colonial money was a much more important reason for the general uprising than the Tea and Stamp Act."
In the mid-1700s the American Colonies were prospering, in part because they were issuing their own money called "Colonial Scrip," which was strictly regulated and did not require the payment of any interest. When the bankers in Great Britain heard this, they turned to the British Parliament, which passed a law prohibiting the Colonial Scrip, forcing the colonists to accept the "debt" or "fiat" money* issued by the Bank of England. Contrary to what history teaches, the American Revolution was not ignited by a tax on tea. According to Benjamin Franklin, it was because "the conditions [became] so reversed that the era of prosperity ended." He said:
"The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War."
This is followed by:
The views of Franklin were corroborated by such luminaries as John Adams, Thomas Jefferson, and others, such as the English historian, John Twells.
Twells spoke of the Colonial scrip in most favorable terms, as to how those colonies flourished with interest-free money.
John Twells asserted: "In a bad hour, the British Parliament took away from America its representative money, forbade any further issue of bills of credit, these bills ceasing to be legal tender, and ordered that all taxes should be paid in coins. Consider now the consequences: this restriction of the medium of exchange paralyzed all the industrial energies of the people. Ruin took place in these once flourishing Colonies; most rigorous distress visited every family and every business, discontent became desperation, and reached a point, to use the words of Dr. Johnson, when human nature rises up and assets its rights."
Speaking of America, Edmund Burke wrote: "Nothing in the history of the world resembles their progress. It was a sound and beneficial system, and its effects led to the happiness of the people."
Peter Cooper wrote: "After Franklin gave explanations on the true cause of the prosperity of the Colonies, the Parliament exacted laws forbidding the use of this money in the payment of taxes. This decision brought so many drawbacks and so much poverty to the people that it was the main cause of the Revolution. The suppression of the Colonial money was a much more important reason for the general uprising than the Tea and Stamp Act."
Therefore it can be seen that the primary cause of revolt against the mother country, was England's disastrous and ruinous financial policy, which was imposed onto the American people, by the Bank of England, a Rothschild bastion.
The Federal Reserve is also a subsidiary of the Rothschilds, as it is 53% Rothschild-owned.
It was Thomas Jefferson who declared in 1812, the wish that the influence of these bankers would be nullified, when he stated: "I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country."
Andrew Jackson later said:"If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations."
Today, we are under the same threat our Founding Fathers faced, for we have fallen under the regime of the central bankers, and their central bank--the Federal Reserve. We are forced to use their interest-bearing scrip, rather than our own interest-free currency, backed by the good faith--and gold--of the United States government.
This pattern of financial enslavement, ensures everlasting bondage to the central bank, as the public loses purchasing power, with the ultimate result being corporate consolidation over a free people. In short; it has taken two centuries to achieve, but the central bankers have finally consolidated their hold over the destiny of the United States of America.
It was always the plan of the Rothschild Bank of England, to destroy the United States of America, and this plan was put into print in the year 1865, when the Rothschild-owned media stated in reference to President Lincoln's printing of greenbacks to finance the Civil War:
"If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe." -
Hazard Circular - London Times 1865
England possessed the fairest portion of the earth in the American Colonies but lost them all because of the greed of the moneylenders. The early colonists were Protestant Christians who hated usury and money lending. They were mostly poor and brought little ready money with them from Europe. There were no gold or silver mines so each Colony issued non interest bearing paper notes. The blessing of God and their hard work soon enabled them to overtake the mother country in industry, commerce and wealth.
The greedy moneylenders of the Bank of England soon cast covetous eyes on the Colonies. Their first attempt to destroy the Americans with usury was made in 1765. It was called the Stamp Act. Payment of various taxes were required in specie or coin. Since they had no English coins to pay the tax that meant that they would have to borrow at usury from the Bank. Soon they too would be reduced to penury, pauperism, and destitution like their cousins in England.
Benjamin Franklin said that the American war for Independence was fought over money and currency (like every war) and the right of the Colonies to issue their own usury free currency apart from the Bank of England:
The government has been occupied by the central bank, ever since the day the Federal Reserve System ordered President Franklin D. Roosevelt on April 5, 1933, to issue Presidential Order 6102, which required all Americans to deliver all gold coins, gold bullion, and gold certificates to their local Federal Reserve Bank on or before April 28, 1933.
Up until this time; gold had remained fairly stable in value for the previous 100 years, increasing only from $18.93 an ounce to $20.69 and ounce.
The penalties for violating this order were a $10,000.00 fine and a ten year prison sentence. This gold was then offered by the Fed owners to any foreign, non-U.S. citizen, at $35.00 per ounce.
All loans to the Fed were paid in real money, backed by gold. Our government became insolvent, and could no longer retire its debt. This necessitated a bankruptcy filing under chapter 11.
Under the Emergency Banking Act of March 9, 1933; President Franklin Roosevelt dissolved the United States Federal Government, by declaring that entity bankrupt.
Congress enacted HJR 192, on June 5, 1933, which made all debts, public or private, no longer collectable in gold. All debts public or private were to be mad payable in Fed-created fiat currency, manufactured out of thin air. This new currency of the central bankers, would now be legal tender in the U.S. for all debts public and private.
Since this infamy was accomplished, every U.S. citizen has become an asset of the central bankers, expected to pay the future debt of usury by taxation, without representation.
Thus, every American citizen is in bondage from birth, and for all practical purposes the chattel for life, of the creditors who own the Federal Reserve.
Since the devaluation of our money supply, the United States Constitution has been continuously eroded, due to the fact that our nation is now owned "lock, stock and barrel," by a private corporation of international bankers, known as the "Federal Reserve."