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Text originally published in 1941 under the same title.
Papamoa Press 2018, all rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted by any means, electrical, mechanical or otherwise without the written permission of the copyright holder.
Publishers Note
Although in most cases we have retained the Authors original spelling and grammar to authentically reproduce the work of the Author and the original intent of such material, some additional notes and clarifications have been added for the modern readers benefit.
We have also made every effort to include all maps and illustrations of the original edition the limitations of formatting do not allow of including larger maps, we will upload as many of these maps as possible.
LIGHTNING OVER TREASURY BUILDING
OR
AN EXPOSE OF OUR BANKING AND CURRENCY MONSTROSITYAMERICA'S MOST REPREHENSIBLE AND UN-AMERICAN RACKET
BY
JOHN R. ELSOM
A CLEAR AND CONCISE TREATISE OF THE BANKING AND MONEY SYSTEM OF THE UNITED STATES AS MANIPULATED BY THE INTERNATIONAL BANKERS, BY WHOM GOVERNMENTS ARE CONTROLLED, WARS PROMOTED, PEOPLES EXPLOITED AND THE REAL WEALTH OF THE NATION GATHERED UNTO THEMSELVES THROUGH THE PROCESS OF MORTGAGE AND FORECLOSURETOGETHER WITH A CONSTITUTIONAL REMEDY FOR OUR NATIONAL DILEMMA.
ALL OTHER REFORMS WAIT ON MONEY REFORM SO WHY WAIT TO REFORM MONEY?
TABLE OF CONTENTS
Contents
TABLE OF CONTENTS
DEDICATION
To my desperately afflicted dear Old
UNCLE SAM
Who, though possessing in his own splendid Constitution, the means to make him well and strong, stubbornly refuses to permit the healing power to enter his emaciated system and so is at the point of death, this little Book is lovingly dedicated.
JOHN R. ELSOM.
ABRAHAM LINCOLN
After the passage of the National Banking Act of 1863 and shortly before his assassination, said:
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed.
HIS PROPHECY IS ALL BUT FULFILLED
TO ALL WHOM IT MAY CONCERN:
The Author hereby declares that he is an American, Loyal to the core to the American Flag, to the Republic of the United States of America, to its Constitution and form of Government; that he is of British descent, that his natural sentiments cause him to be strongly pro-British, and that the declaration of FACTS contained in this book are not a literary attack on England, nor any other nation or people within any other nation, but on a hybrid system of economy which, like a bloodsucking leech, attached itself in decades gone by, to the governments of the world, and which the Democracies must slough off, without delay, if they are to survive competition with the foreign Dictatorships which have already removed from their once emaciated bodies the disastrous, parasitical system of National Finance with which this book deals.
Loyalty to the Republic of the United States of America, demands this vigorous attack on the prevailing system of economy, which, because of long durance, is now generally considered as being an integral part of American polity, but which is as foreign to the truly American Way as a crowned Sovereign or ambitious Dictator would be.
AFTER SERIOUS THOUGHT, AND YEARS OF RESEARCH, A LOYAL AMERICAN WRITES, WITHOUT RANCOR, FOR PATRIOTIC AMERICANS WHO DESIRE THE TRUTH BUT WHO, FOR LACK OF TIME OR FACILITIES, ARE FREQUENTLY UNABLE TO MAKE EXHAUSTIVE STUDY OF MATTERS WHICH EFFECT THEM THE MOST.
Let me issue and control a nations money and I care not who writes its laws.
AMSCHEL ROTHSCHILD.
INTRODUCTION
For several years the Authors blood has been kept at the boiling point by the legalized injustices of our inequitable, unethical, unworkable and unconstitutional debt and bond based money system.
The knowledge that every dollar in circulation in America is a borrowed dollar and pays its toll of interest to the money-creating and money manipulating Bankerswho contribute not a single thin dime of value in goods or productive services to the Nations welfareby which they skim off the cream, leaving but the pale blue milk for public use, was fuel in the furnace of his soul which threatened at times to blow his top off.
When it became necessary, under the present asinine system, to raise the Nations debt ceiling to permit the BORROWING of still other billions of dollars on interest bearing bonds, that the Nation might be placed irredeemably in hock to the Money Powerswhile CONGRESS IS AUTHORIZED BY THE CONSTITUTION TO DO AS ABRAHAM LINCOLN DID IN ORDER TO FINANCE THE CIVIL WAR, to-wit: ISSUE THE MONEY REQUIRED AGAINST THE CREDIT OF THE NATION, DEBT AND INTEREST FREEthe internal pressure was so great that he all but exploded. Instead, the boiler pressure was relieved somewhat by the opening of the throttle in outspoken protest and definite action.
With his boiler pressure relieved somewhat by the running of the engine, he went to Washington to peer, if possible, behind the scenes to find out why our Treasury Department follows the ridiculous policy of printing money, giving it to the Bankers, then printing interest-bearing bonds, placing them in the vaults of the BankersAND THEN BORROWING THE MONEY OUT AND LEAVING THE BONDS IN.
He was determined to learn, if possible, how that process just described added anything to the soundness or value of the Nations money and why the money required by the Government could not be printed by the Bureau of Printing and Engraving and used directly by Congress to pay the Nations billswithout the formality of bonds and the requirement of interest to private Bankers.
As he sped over the rails to the seat of Government of the People, by the People and for the People, his physical inactivity induced mental exertion. He tried to find, by logic, a reasonable answer to the riddle in advance of his arrival in Washington. But, although he might be able to disclose the mysteries of relativity; to explain with lucidity the fourth dimension; to divulge the secrets of atomic force, making clear the proportionate and relative position of the nucleus, the positron and the neutron, providing the driving force of the electron within the atom, within the moleculeof which all matter consistsbut, THE QUESTION OF WHY THE NATION BORROWS ITS OWN MONEY, BASED ON ITS OWN CREDIT, AT INTEREST, FROM PRIVATE BANKERS, WAS TOO DEEP FOR HIM.
The frustration caused by his inability to solve this apparently simple problem, caused his boiler pressure to rise once more, quite rapidly, to the exploding point.
Nature also took a hand. When he stepped from the air-conditioned coach in the Nations Capital, where Democracy is on trial, he stepped into a veritable and sultry furnace. It was at the time of the unusual hot spell of the summer of 1940. The heatinternal and externaldid its stuff.
