"This agreement entered into this 8th day of February, 1895, between
the Secretary of the Treasury of the United States, of the first part,
and Messrs. August Belmont & Co., of New York, on behalf of Messrs. N.M. Rothschild & Sons, of London, England, and themselves, and Messrs. J.P.
Morgan & Co., of New York, on behalf of Messrs. J. P. Morgan & Co., of
London, and themselves, parties of the second part.
"Witnesseth: Whereas it is provided by the Revised Statutes of the United States (section 3700) that the Secretary of the Treasury may purchase coin with any of the bonds or notes of the United States authorized by law, at such rates and upon such terms as he may deem advantageous to the public interests; and the Secretary of the Treasury now deems that an emergency exists in which the public interests require that, as hereinafter provided, coin shall be purchased with the bonds of the United States, of the description hereinafter mentioned, authorized to be issued under the act entitled 'An act to provide for the
resumption of specie payments,' approved January 14, 1875, being bonds of the United States described in an act to Congress approved July 14, 1870, entitled 'An act to authorize the refunding of the national debt.'
"Now, therefore, the said parties of the second part[Rothchilds/Morgan] hereby agree to sell and deliver to the United States 3,500,000 ounces of standard gold coin of the United States, at the rate of $17.80441 per ounce, payable in United States 4 per cent. thirty-year coupon or registered bonds, said bonds to' be dated February 1, 1895, and payable at the pleasure of the United States after thirty years from date, issued under the acts of Congress of July 14, 1870, January 20, 1871, and January 14, 1876, bearing interest at the rate of 4 per cent. per annum, payable quarterly.
"First. Such purchase and sale of gold coin being made on the following conditions:
"(1) At least one-half or all coin deliverable hereinunder shall be obtained in and shipped from Europe, but the shipments shall not be required to exceed 300,000 ounces per month, unless the parties to the second part[Rothchilds /Morgan] shall consent thereto.
"(2) All deliveries shall be made at any of the subtreasuries or at any other legal depository of the United States.(1)
"Second. Should the Secretary of the Treasury desire to offer or sell any bond of the United States on or before the 1st day of October, 1895, he shall first offer the same to the parties of the second part;[Rothchilds / Morgan] but thereafter he shall be free from every such obligation to the parties of the second part[Rothchilds /Morgan].
.................................................................................................................................
"Fifth. In consideration of the purchase of such coin the parties
of the second part[Rothchilds /Morgan], and their associates hereunder assume and will bear all the expense and inevitable loss of bringing gold from Europe hereunder; and as far a lies in their power, will exert all financial influence and will make all legitimate efforts to protect the Treasury of the United States against the withdrawals of gold pending the complete performance of this contract.
"In witness whereof the parties hereto set their hands in five parts this 8th day of February,; 1895.
"J. G. CARLISLE,
"Secretary of the Treasury.
"AUGUST BELMONT & CO. "On behalf of Messrs. N.M. Rothschild & Sons, London and themselves.
"J. P. MORGAN & CO.
"On behalf of Messrs. J.P. Morgan & Co., London, and themselves.
"Attest:
"W. E. CURTIS,
" FRANCIS LYNDE STETSON."
In return for a profit of about $10,000,000 these gentlemen obligate themselves not to raid the gold reserve of the Government by the use of outstanding credit money until they complete their contract.
Footnote 1- This would allow the gold to still remain in the banks as
depositories of the United States.
The only way to stop this private cartel and its private collection agency, the IRS, is to stop using banks for anything. Use cash or U.S. Postal Money Orders. Insist that Congress issue U.S. Notes that are interest free? Not on their dying bed will they do that because of their contracts are with the banking system, NOT YOU. Besides, you cannot, by law, obligate a private contract. If you could, no contract that you ever made with a friend would ever be safe. No, the only way will be to use coin which is minted by the government and not the banking system. Start using Susan B dollars, quarters, etc., even though these are a fraud upon the people also, because these have cost the government money to coin that they cannot afford to stop using.
However, people are so used to plastic and paper checks that they will still let the banks rape them gleefully. So it is a folly to think anything will change by the writing of this article. Just think of the other contracts besides that of 1908 that have taken place behind closed doors that you don't know about.
People will have to become so destitute, such as a mass loss of foreclosures on houses to wake them up. But alas the bankers will "come to the rescue" and lull the people into thinking they will be saved by the kind hearted banker and they will become even further enslaved by the system. And don't think that for one moment that the fortune 500 companies don't have a hand in controlling the people as they are tied totally to the banking system. Of course these corps and banks control Congress and is of absolutely no meaning and is a waste of time to go, write or ask anything from Congress. They could care two tinker's damn about you. They know which side their bread is buttered on, everyone of them and that goes all the way down to local government as well.
source:
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