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Show The Birch Log International Monetary Warfare by John F. McManus Belmont, Massachusetts In mid-January, the International Monetary Fund (IMF) announced an-nounced that it had agreed to loan Communist Vietnam the equivalent of $36 million. According Ac-cording to Reuters News Service, observers of international finance fi-nance believe that the loan was made because of damages suffered suf-fered by Vietnam in the war. The United States Government Govern-ment created a small wave of verbal protest which was obviously obvi-ously a bone thrown to the many who object to American reparations repara-tions payments to Vietnam. But there was no serious attempt to block the plan, and no nation, not even ours, went on record against it. Our government caused us to lose the Vietnam War and now it seems that we must accept the role of the loser, part of which is to finance the winner. Twenty percent of the financial finan-cial support of IMF is provided by the American taxpayer. This means that Americans who fought and bled in Vietnam, or who lost loved ones in that no-win no-win war, are now being forced to finance the Communist subjugation subju-gation of all of Vietnam. There are undoubtedly some who prefer pre-fer to make excuses for such treachery, but here is one voice that calls the move a continuation continua-tion of more than thirty years of pro-Communist economic war on the United States. Communist Economic War IMF is a subdivision of the United Nations that was born in 1944 at a conference held in Bretton Woods, New Hampshire. Hamp-shire. The U.S. delegation to that conference was led by then Assistant Secretary of the Treasury Harry Dexter White. As U.S. spokesman at the meeting, meet-ing, he directed and dominated the proceedings. White, however, was later shown to have been a secret Communist. So, too, was Vir-ginius Vir-ginius Frank Coe, his assistant both at Treasury and at Bretton Woods. With the help of other traitors in our government, these highly placed Communist agents drew up plans for IMF to strip the United States of its economic eco-nomic leadership in the world. Specifically, IMF set out to: (1) transfer U.S. gold holdings to others; (2) build up the industrial industri-al capacity of other nations at our expense; (3) take markets away from U.S. producers; and (4) make the U.S. an economically econom-ically jViferdependent part of a worldwide socialist network. For all practical purposes, these goals have been achieved. Harry Dexter White In 1953, J. Edgar Hoover testified tes-tified before the Senate Internal Inter-nal Security Subcommittee that "from November 8, 1945, until June 24, 1946, seven communications communi-cations went to the White House bearing on espionage activities wherein White's name was specifically spe-cifically mentioned." It was after af-ter these and other exposures of White's Communist loyalties that he was appointed by the Truman Administration to head IMF. In 1963, President Kennedy actually praised IMF and its goals. He delighted in noting that IMF's overall plan had been achieved, and he even stated: "It did not come about by chance but by conscious and deliberate and responsible planning." Of course, he failed to mention that the plan was a Communist plan and that IMF had already succeeded suc-ceeded in maintaining and spreading Communist tyranny while weakening the U.S. Harry Dexter White is long in his grave. But IMF, which he helped to bring about, lives on. Economic slowdown in the United States is only one of its devastating fruits. And millions in aid to Communist Vietnam is a small sample of what IMF has done with the $8 billion plus already given to it by the U.S. government. A truly pro-American Administration Admin-istration would quit both the International In-ternational Monetary Fund and its United Nations parent. But Jimmy Carter has surrounded himself with internationalists who are committed to both. Free men everywhere are the losers. 1977 The John Htrh .WiW Fratur.- |