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"The powers of financial capitalism had another far-reaching aim, 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. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
-- Carroll Quigley
(1910-1977) Professor of History at Georgetown University,
member of the Council on Foreign Relations (CFR),
mentor to Bill Clinton
Source: in his book Tragedy and Hope, 1966, pg 324
http://quotes.liberty-tree.ca/quote_blog/Carroll.Quigley.Quote.E775
"The Federal Reserve Bank of New York is eager to enter into close relationship
with the Bank for International Settlements.... The conclusion is impossible to
escape that the State and Treasury Departments are willing to pool the banking
system of Europe and America, setting up a world financial power independent of
and above the Government of the United States.... The United States under
present conditions will be transformed from the most active of manufacturing
nations into a consuming and importing nation with a balance of trade against
it."
-- Louis McFadden
(1876-1936) US Congressman (R-PA) (1915-1935), Chairman of House Banking and Currency Committee. Poisoned in 1936.
Source: quoted in the New York Times (June 1930)
http://quotes.liberty-tree.ca/quote_blog/Louis.McFadden.Quote.B24B
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