REAL HISTORY FOLKS ~ OZ
“The Bank of England has played a prominent role in American history Without it, the United States would not exist. The American colonists considered themselves loyal Englishmen to a man, but when they began to enjoy unequaled prosperity by printing and circulating their own Colonial scrip, the stockholders of the Bank of England went to George III and informed him that their monopoly of interest-bearing notes in the colonies was at stake. He banned the scrip, with the result that there was an immediate depression in the commercial life of the Americas. This was the cause of the Rebellion; as Benjamin Franklin pointed out, the little tax on tea, amounting to about a dollar a year per American family, could have been borne, but the colonists could not survive the banning of their own money.” Eustace Mullins, The World Order, 1985. “Our early history books strangely omit the facts that for some years prior to 1773 the British Parliament had busied itself annulling the laws under which the American Colonies had exercised their fundamental right to create and issue their own money. Much is said of Taxation without Representation, but what underlies that phrase is omitted. The fact that the Bank of England manipulators, having gained control over British industry through frequent depressions, cast their greedy eyes on the commerce and industry of America, and set to work to lay hold of the money of the Colonies and, hence, the industry of the Colonists.” Gertrude M. Coogan, Money Creators, 1935.