“The men who rule the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reigns of government. Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free Country the worm-eaten monarchical institution of the “King’s Bank” to control us from the top downward, and from the cradle to the grave.”
— Louis McFadden
(1876-1936) US Congressman (R-PA) (1915-1935), Chairman of House Banking and Currency Committee. Poisoned in 1936.
[It is utterly a shame that we are too stupid to see that without honest money, we cannot be free. The “King’s bank” is the Federal Reserve for anyone who doesn’t get that. Which does not deal in honest money . – Jim Roach]