Page 33 - Lunacy and the Age of Deception
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Wikipedia on the Pujo Committee which was formed to investigate the money trust.
In December 1912, Morgan testified before the Pujo Committee, a subcommittee of the House
Banking and Currency committee. The committee ultimately found that a cabal of financial leaders
were abusing their public trust to consolidate control over many industries: the partners of J.P.
Morgan & Co. along with the directors of First National and National City Bank controlled
aggregate resources of $22.245 billion. Louis Brandeis, later a U.S. Supreme Court Justice,
compared this sum to the value of all the property in the twenty-two states west of the Mississippi
River.
[Source: https://en.wikipedia.org/wiki/J._P._Morgan]
This massive aggregation of wealth into the hands of a few men gave them immense influence over
the politics of the nation. That financial wealth has a direct correlation to political power should not
be difficult for a Christian to comprehend. The Bible reveals that men have always had a tendency
to be corrupted through bribes. That American politicians sold their loyalty to whoever was willing
to pay for it is merely a consequence of the sinful nature.
Proverbs 19:4
Wealth makes many friends...
Proverbs 19:6
Every man is a friend to him who gives gifts.
Exodus 23:8
And you shall not take a bribe, for a bribe blinds the clear-sighted and subverts the cause of the just.
Psalms 26:9-10
Do not take my soul away along with sinners, nor my life with men of bloodshed, in whose hands
is a wicked scheme, and whose right hand is full of bribes.
Proverbs 17:23
A wicked man receives a bribe from the bosom to pervert the ways of justice.
By the early 1900s the situation had become dire as the money powers expanded their control over
the American economy and government. A number of Congressmen and Senators began to speak
out in alarm. Among them was Congressman Charles A. Lindbergh Sr., who stated the following:
The government prosecutes other trusts, but supports the money trust. I have been waiting patiently
for several years for an opportunity to expose the false money standard, and to show that the
greatest of all favoritism is that extended by the government to the money trust.”
Speaking of the Federal Reserve Act of 1913, Lindbergh stated,
This Act establishes the most gigantic trust on Earth. When the President signs this bill, the invisible
government by the Monetary Power will be legalized, the people may not know it immediately but