"United States Note". Constitutional Money
created by John F. Kennedy
by Melvin Sickler
Few American people seem to have a true understanding of the debt-bearing, interest-bearing money system under which the United States operates today. There might be a few murmurs heard here and there against the present financial system, more specifically against the Federal Reserve of the United States, but the American public as a whole is still quite ignorant on the subject.
The wisdom of our forefathers
Our founding forefathers who wrote the United States Constitution way back in the 1700's insisted that only the Federal Congress have the power to create and control the money to run the United States. They believed that all the citizens of the country should benefit by an adequate and stable currency; that all should share in the profits of this currency. As God-fearing men who understood the evils connected with the private control of money, they could not consent to allow the money of the country to be controlled by private individuals, but rather made it specifically clear in the Constitution that the national government shall be the only creator and controller of the money to run the country.
In fact, in Article 1 of the United States Constitution, it specifically states:
Congress shall have the power to coin money and regulate the value thereof.
In other words, the money to run the United States must come directly from the United States Congress, must be under the control and direction of the Congress. It was the wish of our founding forefathers that the Congress of the United States made sure an adequate supply of money was always available to the American people to be able to perform their business transaction without any difficulties.
And because the United States had a debt-free monetary system, it became the envy of the world, the most powerful and prosperous country on earth, "a land of milk and honey," as some journalists of that era were quoted as saying.
Federal Reserve Notes
But, in 1913, the Congress went against the constitution of the United States, and passed the Federal Reserve Act. The right to create money or to have any control over its creation was removed from the Congress and given to the Federal Reserve Corporation, which is a private corporation controlled by the bankers, working for the financial gain of the bankers over the people. The Federal Reserve issued what we call "Federal Reserve Notes" to serve as the legal currency of the country.
Since this Federal Reserve Act was passed in 1913, these private bankers have created tens of billions of dollars in money and credit to run the United States. But being this money is considered to be their own personal property, these bankers lend it to the Government and to the American people at interest. And, of course, this interest is never created. It is no wonder that many are slaving along, just trying to make ends meet. And to think that a rich country like the United States now has the biggest national debt in the world (a debt it will never be able to pay), all because it operates on a debt-money system.
United States Notes
It was in 1963 that John F. Kennedy, who was then the reigning president of the United States, made the decision to create his own money to run the country, for he knew the Federal Reserve Notes that were being used as the legal currency of the country went against the Constitution of the United States. He must have thought to himself: "Why should a rich country like the United States, a country full of all kinds of natural resources, of all kinds of human potential and know-how, become enslaved with a debt-money system ?"
President Kennedy issued what they called "United States Notes", in the amount of approximately $4 billion, to be used as the legal currency of the country. This was an interest-free, debt-free money. It was issued as money was needed to finance new production, and withdrawn from circulation when this production was bought and consumed.
In the illustrations, we can compare a "Federal Reserve Note" issued from the central banks of the United States, with a "United States Note" issued by President Kennedy. They almost look alike, except one says "Federal Reserve Note" on the top while the other says "United States Note". Also, the Federal Reserve Note has a green seal while the United States Note has a red seal.
Unfortunately, President Kennedy was assassinated in November 1963. The "United States Notes" he had issued were taken out of circulation, and the Federal Reserve Notes continued to serve as the legal currency of the nation, even though the original Federal Reserve Act of 1913 could still be declared unconstitutional.
Wake up, America !
It is time for the American people to wake up, to speak up, to take action before it is too late. Otherwise, we could end up being slaves on the continent our forefathers colonized, developed, and fought for. The bankers are literally stealing America with their debt-money system.
Write to your politicians, especially to your United States Senators and Congressmen in Washington, to make your voice heard. Work to educate those around you by distributing our leaflets which are given out free of charge. The people as a whole must demand that the Federal Reserve Act of 1913 be repealed, and that the Congress of the United States again be given the power to issue and control its own money. Otherwise, it could spell disaster for the entire United States.
http://www.prolognet.qc.ca/clyde/kennedy.html
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