Wednesday, May 14, 2014

Pound

Well, as Lord Rothermere said: they are unteachable.  I don’t know how much more they reckon to drop before they get ready for physic.  I have said on this radio before now that along about 1695 or 94 the Bank of England was put together, and in 1750 they shut down on the Pennsylvania colony money, and the system of lending paper out to the farmers.  And in 1776 the natural consequences of that dirty London policy of starvin’ and cheatin’ became, as they say, more apparent.  And a year or two later Johnnie Adams said to the British commander: They were havin’ a parley, sez John Adams.  “I don’t care what capacity I am received in, receive me in any capacity you like except that of a British subject.” So the first large scale effect of the London cheatin’, and money monopoly was the loss of the American colonies.  The Chinese have a method of countin’ cycles of 80 years.  I don’t know that there is much in it, but it seems to work sometimes.  Eighty years, from the bank to the American Revolution.  About 80 years from startin the American government to the great betrayal of 1863.  Think it over And from 63 to the present OUR rise as a state thru three or four major, but POSITIVE convulsions, like Jefferson’s revolt against Hamilton’s dirtiness, the Jackson-Van Buren war for the liberation of the American Treasury.  Lincoln’s sayin’, “gave to this people the greatest blessin’ they ever had, their own paper to pay their own debt.” And then the assassination of Lincoln.

http://www.yamaguchy.com/library/pound_ezra/radio06.html

http://writing.upenn.edu/pennsound/x/Pound.php

1 comment:

Anonymous said...

Mr. Pound should have studied the history of Lincoln, greenbacks, and that alleged blessing

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