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Show AN OPEN LETTER TO DEWEY Hon. Thomas E. Dewey, PERSONAL, Governor's Mansion, Albany, N. Y. Dear Governor: , For more than a half century I have watched closely tv, Hrift. of international politics, and the forces behind the various upheavals of the world. So naturally, I am keenly watching your remarks to see if you sense the basic cause of the sickness of the world, and what remedies you propose. I may have missed some of your statements; but todav I notice you being; quoted as saying, "There can be inM for all only if business, industry and agriculture are able to provide those jobs. There are no clever short cuts tn the froal It cannot be achieved by some ingenious scheme roncocted by a social dreamer in a government bureau Tf at anv time there are not sufficient jobs m private employment em-ployment to go around .then government can and must create additional job opportunities " It is just such remarks that justify me m my second nararaph above. Occasionally I find in my purse currency reading: "TTNTTED STATES NOTE. The Ltaited States of Africa will pay to the bearer on demand FIVE DOLLARS. tkA in the small print) : This note is lega tender at its iA" v'iue for all debts, public and private." Aio "SILVER CERTIFICATE. This certifies that fwoi on denosit in the Treasury of The United States of America, ONE DOLLAR in Silver, payable to bearer on demapiease allow me to point -out the true SIGNIFICANCE CONTINUED ON PAGE 4 Open Letter to Dewey, Cont'd of these two types of money for they are the only TRUE, currency we have now. They represent the KEY that .will unlock the secret remedy for all our ills. They are the KEYS precisely because they represent the only satisfactory and HONEST LINK between produc- ' tion and consumption, which alone insure JOBS. If industry, business and agriculture- can really be freed from the usury that absorbs all the cream of enterprise, enter-prise, just as Lincoln contemplated, and for which vision he was slaughtered by the very interests who dominate the worl'd through the other kind of money: synthetic, bank-credit money, created out of nothing the same as above money was created out of nothing, but FOR PRI-VATE PRI-VATE PROFIT of SUPER BANKERS I say, if we can N ever get the statesmanship of Lincoln back on the job to finish the program of Honest Money, there will be no question about jobs or prosperity for ALL. Think it through, Mr. Dewey, and let me have your reaction to this. . Take the case of the Lincoln Greenbacks : If that $450 million he put out had been based on interest-bearing bonds as have all other issues of our money, the people would have paid out since Lincoln's day in interest on that small amount of currency, OVER $15 BILLION. As it is we have enjoyed en-joyed the small crumbs of the circulation of the Lincoln greenbacks for the mere cost of printing and reprinting the notes. Just do a bit of figuring on the huge cost to us of the bank money circulated on the basis of bonds drawing interest, and on the artificial, synthetic bank-credit, which costs them nothing but bookkeeping and the mechanism of shuttling checks back and forth through banks and clearing houses, and you will readily see WHY we have depressions, panics, bankruptcies, wars and all their evils. Before you make another speech you should read Vincent Vin-cent C. Vickers, "Economic Tribulation" and also John Hargrave's "Montague Norman." Vickers sat 9 years at the mahogany table with Norman, so he KNOWS; and he admits all we money reformers have urged. May I send you these books ? Sincerely, Geo. A. Startup. |