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Show Page 2 The UTAH Independent The Paper That Dares To Take A June 7, 1973 The V. Independent y Stnd nt roRpeDo5 -fulLL 5ffFP fchtAP Dedicated To The Constitution, Liberty, Morality, and Truth Free men can vote themselves into slavery, but slaves cannot vote themselves free." J. Reese Hunter An exclusive interview with the outspoken master of monetary affairs Courteousy of LfTXH INDEPEW&MtfT Pacific Coast Dr. Franz Pick is on of METRO MEWS READERS OUTLOOK Coin Exchange WATERGATE AND 1313: the world s loading xpsrts on currency and gold. Born in Bohemia, Dr. Pick studied law at the University of Leipzig; monetary theory at the University n theories at of Hamburg; and theSorbonne in Paris. He wrote his Ph.D. dissertation on devaluations. Dr. Pick's introduction to the dangers of paper currency came early in his life. When I was born," he says, "my father took out an endowment insurance that would see me through four years of university." At maturity, the insurance company paid Pick fully, but in paper currency which was so debased that "the policy paid for only two meals." By 1 933, Dr. Pick was able to put his knowledge to heard President Roosevelt profitable use. "When explain over the radio what he planned to do, knew the dollar was finished." So Dr. Pick went into the currency market, sold $100,000 short and made huge inflation-devaluatio- I I profits. During early World War II, Dr. Pick was He learned pay-mast- er of to handle the French Resistance. contraband dealings in currency and precious metals from a "trained black marketeer." In this way. Dr. Pick helped finance the Resistance. Among his other wartime exploits. Dr. Pick secured the release of an imprisoned director of the British secret service with d some gold. For his efforts. Dr. Pick was sentenced in absentia to death by the Nazis. well-place- Still very much alive, after World War II, Dr. Pick started publishing Pick's World Currency Report, which each month monitors over 96 cur rencies, the gold and silver markets, and other factors in the monetary situation. In 1 960, Dr. Pick wrote United States Dollar: Deflate or Devalue ? He has also written Common Stocks Versus Gold, 1930 to 1962; Silver: Dr. Pick's books have been published in French, German and Portuguese, as well as English. Pick's books have been published in French, German and Portuguese, as well as English. His articles have appeared in Barron's, Playboy, Harpers and other publications. He contributes a regular column to the Northern Miner. An annual subscription to his World Currency Report is $300, and well worth it to the serious hedger. Dr. Pick also teaches currency theory in English, French, German, Spanish and Czech. His seminars are conducted in Europe and the United States. He offers r. private consultations at $400 per This interview was held in Dr. Pick's New York City office. The walls of Dr. Pick's private office are papered "Assignats" from the with worthless currency and runaway inflation during the French Revolution, War "Continentals" from America's Revolutionary runaway inflation. Dr. half-hou- byJoHWan Divide And Conquer Editor: One of the most shocking discoveries in trying to alert the American people to the dangers of the revolution, which has been engulfing them visibly and uninterruptedly since 1912 and spasmodically since the Pullman strike and Haymarket riots of the early 1 880's, is to find that anticommunist, solid citizens in their ignorance of how the Communist conspiracy operates do everything they can to help the Communists while doing everything they can to obstruct the forces trying to expose the Conspiracy. The revolution, and unrelenting, progressive pits father against son, brother against brother, friend against friend. Men who should be fighting side by side in the common cause of preserving free enterprise and Constitutional government end up opposing one another in bitter strife. So clever have the Communists been that they have succeeded in dividing and conquering vast areas of the earth's surface and one third of the world's populations. The United States is not immune to what has been happening to other countries. We simply were fortunate enough to be near the end of the agenda on the diabolic Communist program for world conquest. Sincerely, Dorothy Walden Desert Hot Springs, Cal. Bayard, New Mexico Encouraging Gentlemen: Your newspaper is the most interesting and educational one available. It brings to light many of the works of darkness which are advancing about us, threatening to destroy our way of life. Keep up the fine work. Sincerely, Stephen E. Burningham. D.C. Bountiful, Utah Symptom & Structure by Jo Hindman Burglary by petty officials, tapped into swollen executive power, turned "Watergate" into a flooding scandal. Hundreds mop up after the human failings. But who will cap the gusher? Primed by Democratic and Administrations, Republican executive power has reached flood stage in the administrative procedures of the Nixon era. Jo Hindman Take revenue sharing which made fools of its supporters when it came to power (councils of governments). The amounts were disbursed, but as director of a syndicate unit, substitutes for others slashed or NSRC now NARC(National Assn. cut off. But the trick worked; 50 Regional Councils) got word to states are now trussed under the HirVilman, a now national debt system. deposed assistant to the U.S. n Started as the idea in the '60's and President, sent reassurances to regions through part of Metro governance, the Richard revenue sharing went into NSRCNARC's In Hartman. a letter for incubation years at the federal Advisory Commission on Ehrlichman reminded that the Relations Nixon Administration vigorously Intergovernmental (ACIR) controlled by a pervasive supports regionalism and that political syndicate structure the revenue sharing programs called "1313". Some of its would be more of the same, and groups write the power- regions would qualify. The Ehrlichman promises breeding laws they lobby for. While cities, counties, states were rebroadcast to the COG's awaited the false bonanza, the in a memo by Thomas Bradley, new layers of regional NSRCNARC governance began worrying. who holds top titles in other Would the COG's share? Continued on Page 13 Heller-Pechma- 1) vice-preside- nt I $6 Per Year The mm Utah s Largest and Fastest-Growin- g Independent Subscription Weekly 2459 Major Street, Salt Lake City, Utah 84115 I I I I I I I I I D I |