Silas Walter Adams, The Legalized Crime of Banking The Legalized Crime of Banking and a Constitutional Remedy by Silas Walter Adams Meador Publishing Company 324 Newbury Street Boston 15, Massachusetts Copyrighted 1958 by Silas Walter Adams Library of Congress Card Number 58-9762 E-Text prepared by Gary Edwards | Silas Walter Adams The Legalized Crime of Banking The Legalized Forewords Crime of Banking Chapter 2 and a Chapter 3 Constitutional Chapter 4 Remedy Chapter 5 Chapter 6 by Chapter 7 Silas Walter Adams Chapter 8 Chapter 9 Chapter 10 Meador Publishing Chapter 11 Company Chapter 12 324 Newbury Street Chapter 13 Boston 15 Massachusetts Chapter 14 Copyrighted 1958 by Silas Chapter 15 Walter Adams Chapter 16 Library of Congress Card Chapter 17 Number 58-9762 Chapter 18 Chapter 19 E-Text prepared by Gary Edwards . aU 14th July 2002. Note Spelling has been changed from . American to Australian. http silas 9 12 52 Silas Walter Adams The Legalized Crime of Banking from back cover The Legalized Crime Of Banking is a simple story of The Federal Reserve System dealing principally with the unconstitutional creation of money and the control of credit by private corporations. The author suggests a concrete simple solution which Congress could employ which would make the transition from private banking to the Treasury without injuring anyone enjoying a constitutional right or without upsetting our normal course of trade industry and agriculture. The Pauper and The Rich Man The pauper the Federal Reserve Bank with assets of 52 billion with no productive know how and less than 100 000 stockholders loaned the rich man The United States Government with well over 350 billion in physical assets plus 250 billion in productive capacity and know how with 170 million stockholders 300 billion to fight World War II. Can you imagine the greatest corporation on earth with 170 million stockholders and assets running over 600 billion turning to a corporation with less than 100 000 stockholders and assets of only 52 billion to borrow money Can you imagine Rockefeller saying to his chauffer Tom I am transferring my personal chequeing account which is around 1 billion to your account you may spend it as you please provided that
