U.S. Policy

Press, Volume C, Issue 29540, 15 June 1961, Page 3

U.S. Policy

Sir. —I would remind your anonymous correspondent that the colonials who fought the War of Independence were fighting the same enemy that we fight today, the monopoly of credit which then was centred in London. They won the right to issue their own money but the story of how they lost it later is too long for these columns. In our time the centre of power has moved from London and Frankfort to New York. As a power, American people are not an effective force any more than other English - speaking nations, judging by the results of their effete democracy. Washington, as a power, flaunts democracy in the face but itself is subserv’ient to the greater power of finance which resides in Wall street, where President Roosevelt served his apprenticeship in the art of lending money to governments for purposes that serve to keep mankind in the bonds of wage slavery and continuous war.—Yours, etc., W. B BRAY. Leeston. June 12, 1961.