In 1924, Reginald McKenna, British Chancellor of the Exchequer said: "The banks can, and do, create money...And they who control the credit of the nation direct the policy of Governments, and hold in the hollow of their hands the destiny of the people."
Dr. Quigley tells us: "The structure of financial controls created by the tycoons of 'Big Banking' and 'Big Business' in the period 1880-1933 was of extraordinary complexity, one business fief being built on another, both being allied and semi-independent associates, the whole rearing upward into two pinnacles of economic and financial power...One, centered in New York, was headed by J.P. Morgan and Company, and the other, in Ohio, was headed by the Rockefeller family. When these two cooperated, as they generally did, they could influence the economic life of the country to a large degree and could almost control its political life, at least on the Federal level." Dr. Quigley reveals the goal of this operation as "nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole."
In 1870, a wealthy British socialist by the name of John Ruskin was appointed as professor of fine arts at Oxford University in London. He taught his students that the state must take control of the means of production and organize them for the good of the community as a whole. But he advocated placing control of the state into the hands of a single dictator. He said: "My continual aim has been to show the eternal superiority of some men to others, sometimes even of one man to all others."
Dr. Quigley tells us: "Ruskin spoke to the oxford undergraduates as members of the privileged ruling class. He told them that they were the possessors of a magnificent tradition of education, beauty, rule of law, freedom, decency, and self-discipline, but that this tradition could not be saved, and did not deserve to be saved, unless it could be extended to the lower classes in England itself and to the non-English masses throughout the world. Ruskin's message had a sensational impact. His inaugural lecture was copied out in long-hand by one undergraduate, Cecil Rhodes, who kept it with him for thirty years."
Cecil Rhodes, one of the world's richest men, formed a secret society and spent most of his vast income to advance the ruling class ideas of John Ruskin, his former teacher. With help from international bankers, he was able to establish a virtual monopoly over all of the diamonds that came from South Africa and most of the gold as well. Many people are familiar with the world-famous Rhodes Scholarships which were established to promote the less controversial aspects of John Ruskin's dream, but very few are familiar with the fact that, in 1891, Cecil Rhodes established a secret society to promote the rest of that dream.
Dr. Quigley explains: "In this secret society Rhodes was to be leader; Stead, Brett (Lord Esher), and Milner were to form an executive committee; Arthur (Lord) Balfour, (Sir) Harry Johnston, Lord Rothschild, Albert (Lord) Grey, and others were listed as potential members of a 'Circle of Initiates;' while there was to be an outer circle known as the 'Association of Helpers' (later organized by Milner as the Round Table organization).
The Round Table Group in the United States promptly created an external organization known as the CFR, the Council on Foreign Relations. It is through this organizational ring and then outward through tax-exempt foundations, universities, government agencies and media, that the international capitalist conspiracy has dominated the domestic and foreign policies of the United States for over seventy-five years. The CFR building is located on the west side of fashionable Park Avenue at 58 East 68th Street in New York.
Do you believe that such a secretive banking-business cabal exists?
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