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Congressman
Louis McFadden
Quotes by This Author
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“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is—the Fed has usurped the government.” (Congressman Louis McFadden, The Unseen Hand, p. 182.)  |
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“It was not accidental. It was a carefully contrived occurrence.…The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.” (Congressman Louis McFadden, chairman of the House Banking Committee referring to the Great Depression On The Federal Reserve Corporation, p. 95.)  |
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“Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here...and that this country was to supply the financial power to an international superstate.” (Congressman Louis McFadden, Hearings by United States. Congress. House. Committee on Rules, June 10, 1932.)  |
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