Why would Woodrow Wilson write this in 1913?
Woodrow Wilson’s wrote in his book “The New Freedom” in chapter 8: “A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.”
In chapter 9 he wrote: “We have restricted credit, we have restricted opportunity, we have controlled development, and we have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world–no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”
Henry Ford has been quoted as saying this in a Congressional Record dated, March 19, 1937 (House 81:2528)
“It is perhaps well enough that the people of the Nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning.”Attributed to Henry Ford by Charles Binderup. The quote is preceded by “It was Henry Ford who said, in substance, this”, which indicates that this is likely just a paraphrase, not an exact quote.
Congressman Charles August Lindbergh Sr. said in a Congressional Record dated, December 22, 1913 (vol. 51)
“This new law [the Federal Reserve Act] will create inflation whenever the trusts want inflation. It may not do so immediately, but … if the trusts can get another period of inflation, they figure they can unload the stocks on the people at high prices during the excitement and them bring on a panic and buy them back at low prices… The people may not know it immediately, but the day of reckoning is only a few years removed.” After the Federal Reserve Act was passed in 1913, Lindbergh proclaimed that “depressions will now be scientifically created.”