So, the banksters more than a century after Alexander Hamilton spearheaded a movement advocating the creation of a central bank modelled upon the bank of England, a bank that was established in 1694, met in secrecy in an island in order to create not one central bank but a system of regional central banks because President Wilson was against any plan which could concentrate control of the banking system in the hands of the banksterts.
Dandoff, I rather be a clever man that cannot think than a fool that thinks that he can think.
From Wikipedia, the free encyclopedia.
The President, Directors and Company, of the Bank of the United States, commonly known as the
First Bank of the United States, was a
national bank, chartered for a term of twenty years, by the
United States Congress on February 25, 1791. It followed the
Bank of North America, the nation's first de facto central bank.
Establishment of the Bank of the United States was part of a three-part expansion of federal fiscal and monetary power, along with a federal mint and excise taxes, championed by
Alexander Hamilton, first
Secretary of the Treasury
https://en.wikipedia.org/wiki/First_Bank_of_the_United_States
The
Second Bank of the United States, located in
Philadelphia,
Pennsylvania, was the second federally authorized
Hamiltonian National Bank[3] in the United States during its 20-year charter from February 1816
[4] to January 1836.
[5] The bank's formal name, according to section 9 of its charter as passed by Congress, was "The President, Directors, and Company, of the Bank of the United States."
[6]
A private corporation with public duties, the bank handled all fiscal transactions for the U.S. Government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the bank's single largest stockholder
https://en.wikipedia.org/wiki/Second_Bank_of_the_United_States
The
National Monetary Commission was a study group created by the
Aldrich-Vreeland Act of 1908. After the
Panic of 1907, the Commission studied the banking laws of the United States, and the leading countries of Europe. The chairman of the Commission,
Senator Nelson Aldrich, a
Republican leader in the Senate, personally led a team of experts to major European capitals. They were stunned to discover how much more efficient the European financial system appeared to be and how much more important than the
dollar were the
pound, the
franc and the
mark in international trade. The Commission's reports and recommendations became one of the principal bases in the enactment of the
Federal Reserve Act of 1913 which created the modern
Federal Reserve system.
https://en.wikipedia.org/wiki/National_Monetary_Commission
On December 26, 1912, the Glass-Willis proposal was submitted to President-elect Wilson. Instead of suggesting the creation of a central bank, the proposal called for the creation of twenty or more privately controlled regional reserve banks, which would hold a portion of member banks' reserves, perform other central banking functions and issue currency against commercial assets and gold. Wilson approved of this idea, but also insisted upon the creation of a central board to control and coordinate the work of the regional reserve bank.
https://www.coursehero.com/file/po2...lled-for-the-creation-of-20-or-more-regional/
Dandoff, by the looks a lot of secret meetings in remote islands must have taken place before the FED was born.
