Hudson Reporter Archive

Resident remembers 100th anniversary of conspiracy at Lackawanna Station

Dear Editor:
It was recently the 100th anniversary of an event that took place in Hoboken that we should remember, but not celebrate. It was on the evening of November 22, 1910, at the Erie Lackawanna Station, that a conspiracy was set in motion that resulted in a coup that robbed our country of its sovereignty. It was not a military takeover. No blood was spilt. Anyone in the station that chilly evening would hardly have remarked the handful of men who arrived, one by one, by ferry from Manhattan, and disappeared into the last car, a private one, with the shades pulled down. But these were some of the richest (therefore most powerful) men in the world, and they arrived using assumed names, for they knew that if their identities were discovered by the porters and leaked to the press, their plot would miscarry. So they pretended to be a group of fellas heading off to Georgia for a week of duck hunting.
The next morning they arrived at the Jekyll Island Club, owned by J.P. Morgan and other financiers. They furloughed the usual staff of caretakers and brought in new ones, and continued using their assumed names of Tom, Dick, and Harry. Why such secrecy? They could not risk the public getting wind of the fact that the men who were working on a “monetary reform plan” to be sold to Congress were New York and international bankers. The leader of the group was Paul Warburg, a German agent of the Rothschilds, whose founder, Mayer Rothschild, famously said in 1791, “Allow me to issue and control a nation’s currency, and I care not who makes its laws.” No Congressman would dare vote for a plan authored by such a group, so great was the popular resentment against bankers since the (bank-caused) financial Panic of 1907 only three years before, which had ruined so many Americans.
So they gave their takeover plan a nice (but deceptive) name, Federal Reserve Act, which is not “federal” but a cabal of private bankers, and it has no “reserves”. What it does is print money out of thin air, lend this “money” to the government, and (yes, it’s hard to believe) charge interest on this “loan.” This interest is our national debt, which is now so huge it can never be paid off; our children’s children will be paying interest on this “debt” forever.
In 1913 this unconstitutional Act (“Congress shall have the power to coin money and regulate the value thereof,’ says the Constitution) was pushed through Congress by the usual bribes and threats and favors (some things never change!) President Woodrow Wilson signed it into law, but it is reported that, on his deathbed, referring to this Act, he acknowledged, “I have ruined my country.”

T. Weed

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