Friday, 29 October 2010

James Garfield

(November 19, 1831 – September 19, 1881)

James Garfield became President about a decade and a half after Lincoln's assassination. Garfield, too, was a strong foe of the central-banking scheme. He saw American history as a struggle between freedom and slavery – freedom to pursue one's own destiny, or slavery in bondage to the banks that bled the economies of nations and shackled its peoples with insurmountable public debts.

In 1881, Garfield said, “Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

Two weeks later, he was dead. Garfield's presidency lasted only 100 days, and ended with a bullet.

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