| The Coinage Act
of 1792 and the United States Statute Codes both declare thus: "The money of
account of the United States shall be expressed in dollars..." Reference 31
U.S.C. 371 and Coinage Act of April 2, 1792, Section 20.
This Coinage Act also defined a dollar as 375 & 1/4 grains of fine silver.
A "dollar" is a coin containing, by weight, 375 & 1/4 grains of fine silver.
The act did not establish a "gold" dollar. Rather gold coins
were valued in relation to silver. That is, a ten "dollar" gold piece called
an "Eagle" contained ten silver dollars worth of gold. The act also affixed
the death penalty for the crime of debasing the coinage.
Just as Gasoline is expressed in gallons and concrete is expressed in cubic yards, money is expressed in dollare
We are so used to saying that a dollar is money. To say a dollar is money is like saying a gallon is gasoline. Both gallon and dollar are units of measuer.
"Two gallons of milk" is like "Ten dollars in gold." A ten dollar gold coin's measure of value is the dollar. Ten dollars weight of silver is equal in value to the ten dollar gold coin.
Bushels, quarts, pounds, cups, dollars, all units of measure.
Most people think that a dollar is money. We just read in the Coinage Act
of 1792 that "money . . . shall be expressed in dollars." Here are the
definitions of "money" and "dollar."
Examples of money: Federal Reserve Notes, United States
Notes, Silver Certificates, Money Orders, Checks, Postage Stamps, Coins,
Tokens, Food Stamps, in prison, it is not unusual for cigarettes to be used
To help prevent monetary deceit the Founding Fathers made
money a function of government by writing into the Constitution:
However, today none contain silver metal. As a result, some "dollar" coins have more value than others. For example, ten older silver dimes have about the same value as one hundred modern copper/nickel dimes. An older silver dollar coin is worth 5-10 paper dollars.
Our paper "dollars" have one value today and less next year. In the foreign exchange the dollar's value changes day by day." Today's dollar does not have a fixed value. Someone or some system has "redefined" the dollar.
5 Now therefore thus saith the LORD of hosts; Consider your ways.
In our day, the holes could be F.I.C.A., Federal Taxes, State Taxes, Local Taxes, Union Dues, Health Insurance, etc..
You brought home the remainder of your paycheck and guess what, you wondered where it went! What did God say he did to the paycheck?
Haggai 1:9 Ye looked for much, and, lo it came to little; and when
ye brought it home, I did blow upon it.
In this course you will discover we have a different answer. When America, and the people in America, have money problems, it's because they have (unknowingly) violated God's economic laws. (We are not talking about tithing.)
We have violated His economic laws on the job, in
government, in the banks, EVERYWHERE! And, if we obey God's Law on money, we
will, as a nation, be wealthy, in fact, overnight!
The History of Money in America
At one time we had a Constitutional 100% silver "dollar" containing 375 & 1/4 grains of pure silver. Our paper dollars had the exact same fixed value.
That silver dollar coin was replaced with a 40% silver Eisenhower "dollar."
That coin was replaced by a debased copper/nickel "dollar" containing no silver whatsoever.
That non-silver "dollar" was replaced by the Susan B. Anthony "dollar" that looked like a quarter.
The latest is another non silver coin with a gold color.
Most of us noticed the decreased purchasing power, perhaps even the decreased silver content of our coins, but because we do not believe God concerning a few basic money laws, we do not, and perhaps can not, see the other ways used to plunder our pay check. Jesus sent his disciples to open the eyes of the blind. Later in this course you might exclaim, "I see!." If you do, remember what you just read.
Money and Government
In England, on December 17, 1945, the Duke of Bedford was
speaking before the House of Lords about the Brenton Woods International
Monetary Agreement, he said, "Then there is the very grave objection indeed
that we are proposing to hand over control of our economic life, in a very
large measure, to a gang of representatives of Wall Street finance who are
responsible to no one and are above every Government." The Duke said, "(Wall
Street Bankers) are responsible to no one and above every Government."
Who ran the Soviet Union? Was the Red Communist Party or was it the Banker that advances credit or refuses it?
In Proverbs 32:7, King Solomon wrote, "the borrower is
servant to the lender." Does this apply only to individuals, or is it also
true of governments?
The Banking (lending) families control the (borrower)
governments. They also own or control business and industry including "ships
in the sea." One of our past Presidents, James A. Garfield wrote, "Whoever
controls the volume of money in any country is absolute ruler of all
industry and commerce."
This is important information for Christians, Why? Marriages succeed or fail often over money problems. Sick people live or die depending upon their ability to afford health care.
Businesses succeed or fail all over money. If businesses do
not make money they can not keep their work force. Government problems are
almost all related one way or another to money.
"Ye shall do no unrighteousness in judgment, in meteyard (a yardstick), in weight, or in measure. Just balances, just weights, a just ephah (a grain measure), and a just hin (a liquid measure), shall ye have."
The chapter concludes with, "Therefore ye shall observe all My statutes, and all My judgments, and do them: I am the Lord." Notice this verse, like many others ended with "I am the Lord."
When Congress or a Legislature writes a law, that law
includes a statement to show the authority for writing that law. In God's
case he just says, "I am the Lord." And that is why we are to observe "all"
His law, even these statutes commanding just and exact measurements. Why?
Simply because He says so. God says, I am the boss, that's why.
Milk must contain so much butter fat. Ten penny nails are all the same length. All of these are set by law for the good of the people and to establish honesty and stability in business and commerce. But today's government regulates and "fixes" everything except the value of the dollar.
The dollar is the one thing that measures all others. The dollar has its purchasing power controlled by a privately owned banking business deceitfully named "The Federal Reserve." After 1913 our government no longer controlled the value of the dollar as called for in the Constitution. These Banking families own or control governments, corporations, radio, T.V. and newspapers.
They make their fortunes in money and credit. In economic areas, they make the rules and they set the measurements. They establish or change interest rates at will. They control the actual amount of money or credit available to the people and to our government. (More in later lessons.)
Their method of control is hidden, secret and unknown to the public. It is a mystery. The Banker's method makes the modern dollar an unjust balance and a diverse weight. It is a crafty way to rule the world while plundering the producer and enriching the money lender.
God said through Amos, "They make the ephah small and the sheckel great and falsify the balances by deceit that they may buy the poor for silver and the needy for a pair of shoes." How this is done is a mystery. We will start to solve the mystery in this lesson.
Now, let's start by examining the paper "dollar." In your
pocket you will find a Federal Reserve Note labeled "ONE DOLLAR." The
writing on this document states that it is a "note," specifically, a Federal
(1) Identify who is paying;
1 Who is paying? . . . . . .
. . . . . You through your bank;
Some time ago we had Silver Certificates. These were notes. Below is a sample of the writing on an old U.S. Government Silver Certificate.
The writing also Identifies:
Private businessmen were authorized by Congress to set up the "Federal" Reserve Banking System. (A deceptively named, privately owned corporation.) Most people believe that the Federal Reserve System is a part of the U.S. Government. But it is "Federal" only in name, but no more a part of our government than Federal Products Corp. or Federal Steel Erectors Inc.
If you believe the Federal Reserve Bank is a part of the Federal Government, simply look in the telephone book under U.S. Government. Then look under "Federal" in the private business pages.
|Question 2: Look in your phone book for Federal Reserve Bank. Where did you find it, in the Government pages or in the private business pages?|