Comment: Ever heard of the "Hazard Circular?"

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Ever heard of the "Hazard Circular?"

Congressman Charles Lindbergh Sr. wrote:

Yes, these money lenders began early to acquire control. They have never let it go. They started in Europe long, long ago, and just as soon as there was anything doing over here they were on hand. Alexander Hamilton was one of their supporters. I shall not review his acts, but shall refer to a few later things emanating directly from the banks.

The English money lenders have co-operated with those of our country, and in 1862 an agent, quietly and under a sort of confidential seal, distributed among the aristocrats and the wealthy class a circular. It was called the Hazard Circular and related in a way to the Civil War. It read:

“Slavery is likely to be abolished by the war power and all chattel slavery abolished. This I and my European friends are in favor of, for slavery is but the owning of labor and carries with it the care of the laborers while the European plan, led on by England, is that capital shall control labor by controlling wages. The great debt that capitalists will see to it is made out of the war, must be used as a means to control the volume of money. To accomplish this the bonds must be used as a banking basis. We are now waiting for the Secretary of the Treasury to make this recommendation to Congress. It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that. But we can control the bonds and through them the bank issues.”

This shows how mercenary these usurers are. Rather than assume the care of the slaves, they would control labor with the use of capital. It necessarily followed that when the laborer ceased to be of service because of sickness or old age, he would be of no concern to capital. He could either get well or die without the capitalists being obliged to provide medical attention or bury the dead.

Such was the interest that capital had in the result of the Civil War. The people of this country poured out both their treasure and their blood to establish the political and industrial independence of humanity, and the mercenary capitalists turned a trick of finance and converted the enormous sacrifice made by the people during that struggle into a victory for capital, in order that they might enforce upon humanity the industrial slavery that the trusts preferred rather than the chattel slavery which then existed in the Southern States.

Banking & Currency and the Money Trust - Congressman Charles A Lindbergh Sr