Private Economy with Public Magnificence

In a meeting with merchants and bankers at the British Board of Trade, members asked Franklin how the American Colonies managed to collect enough money to support their poor.   Franklin replied, "That is simple.   In the Colonies, we issue our own money.  
It is called Colonial Scrip.   We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.   In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one." Both quotes from Charles Binderup, Ibid.   "It passed through no banker's hands, but was loaned to the people direct, thus saving banking toll and banking restriction of volume; nor are there any panics or fluctuations recorded.   Thomas Powell, M.P., of England, who had acted as governor and commander-in-chief of all provinces, in a book written by him in 1768, says in regard to this colonial system of money: 'I will venture to say that there never was a wiser or better measure, never one better calculated to serve the uses of an increasing country, and never was a measure more steadily pursued or more faithfully executed for forty years together than the loan office in Pennsylvania, formed and administered by the assembly of the province.'" Samuel Leavitt, Our Money Wars, 1894.  
 
"After Franklin gave explanations on the true cause of the prosperity of the Colonies, the Parliament exacted laws forbidding the use of this money in the payment of taxes. This decision brought so many drawbacks and so much poverty to the people that it was the main cause of the Revolution. The suppression of the Colonial money was a much more important reason for the general uprising than the Tea and Stamp Act." Peter Cooper, industrialist, inventor, philanthropist, and Presidential candidate. 
 
http://www.opednews.com/articles/How-Ben...1-773.html
 

 
They really gave Franklin a new sense of the problem. When he came home after the reaction he received in England, his mind was on defeating the Crown and all it stood for. But, he also new the more insidious problem behind the Crown. All from that debt incurred upon the King for his own greed and prosperity!

 

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Why can't I rate this thread?


 

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Really? I didn't have a problem. It's up on the top of the page?!  B)

 

 



 

 

 

 



Events leading up to the American Revolution!

 

https://www.haikudeck.com/events-leading...biBj1A8svH

 

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Really? I didn't have a problem. It's up on the top of the page?!  B)

 

 

 

 

 

 

 

 

Events leading up to the American Revolution!

 

https://www.haikudeck.com/events-leading...biBj1A8svH

 

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That's a crappy slideshow

 

 

 

<div>In a meeting with merchants and bankers at the British Board of Trade, members asked Franklin how the American Colonies managed to collect enough money to support their poor.   Franklin replied, "That is simple.   In the Colonies, we issue our own money.  
It is called Colonial Scrip.   We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.   In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one." Both quotes from Charles Binderup, Ibid.   "It passed through no banker's hands, but was loaned to the people direct, thus saving banking toll and banking restriction of volume; nor are there any panics or fluctuations recorded.   Thomas Powell, M.P., of England, who had acted as governor and commander-in-chief of all provinces, in a book written by him in 1768, says in regard to this colonial system of money: 'I will venture to say that there never was a wiser or better measure, never one better calculated to serve the uses of an increasing country, and never was a measure more steadily pursued or more faithfully executed for forty years together than the loan office in Pennsylvania, formed and administered by the assembly of the province.'" Samuel Leavitt, Our Money Wars, 1894.  
 
"After Franklin gave explanations on the true cause of the prosperity of the Colonies, the Parliament exacted laws forbidding the use of this money in the payment of taxes. This decision brought so many drawbacks and so much poverty to the people that it was the main cause of the Revolution. The suppression of the Colonial money was a much more important reason for the general uprising than the Tea and Stamp Act." Peter Cooper, industrialist, inventor, philanthropist, and Presidential candidate. 
 
http://www.opednews.com/articles/How-Ben...1-773.html
 

 
They really gave Franklin a new sense of the problem. When he came home after the reaction he received in England, his mind was on defeating the Crown and all it stood for. But, he also new the more insidious problem behind the Crown. All from that debt incurred upon the King for his own greed and prosperity!
 

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This is a never ending war!

 

 

 

https://youtu.be/bKwO1onXAaI
 
 
Who is the real enemy?
 
 
;)

It seems the thing we did not build is alive and well and living beyond its own hubris!

 

 



 

Suppose he's right?

 



 

What is this thing that should not be....?

 

https://youtu.be/bYJGt67Mwmo
 
https://youtu.be/bYJGt67Mwmo
 
:The-Devil-animated:
 
 

 

Fear is in the way.  

 

 

Look at L.A.

 

 

Resources to promote home schooling would go a long way to mitigate any fear associated with these powerful injections of media controlled ideologies! What is this fanatical frenzy doing these old minds? What kind of fear and fantasy will they face 25 years from now?

 

Not to mention the values of consumerism and what that contains.  Economical Values?  King George III was driven to madness and destruction from the debt incurred upon his subjects and then himself. 

 

 

Provide the keys to self sufficiency!

 

 

Thomas is a Paine in the ass!

 

;)

 

Ah yes, the art of invisible slavery. The Crown was used by others to collect a debt! 
 
 

 
 
That's nothing new. Wars cost money. The invisible war runs deep!

 

<div>Ah yes, the art of invisible slavery. The Crown was used by others to collect a debt! 
 
 

 
 
That's nothing new. Wars cost money. The invisible war runs deep!
 

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I guess it's a matter of accumulating all the pieces to show this invisible war. Of course, there is another veil to the mystery and that involves the deeper war to control the overall spirit of mankind. The veil this thread seems to penetrate is the great and secret show of inner deeds done to force economic control over an entire populace. Veils covering more veils...

 



 

The symbolic nature of lady liberty runs deep!

 

It looks like the forefathers of America saw the 'industrial revolution' coming. They saw the 'top' men of commerce in Britain for what they were. Therefore, I think the more affluent Americans wanted to rise up and equal that kind of power. Geared toward more rights for property holders. 

 

 

 
 
Early depictions of America as a woman appeared before the Revolutionary War. 
 
 
http://b-womeninamericanhistory18.blogsp...-lady.html
 
:barbiegun:

 

<div>10 Amazing Women of the Revolutionary War
 
“I desire you would remember the ladies”
-March 31, 1776, Abigail Adams to her husband, John Adams
 
http://allthingsliberty.com/2013/10/10-a...onary-war/
 

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<div>Early depictions of America as a woman appeared before the Revolutionary War. 
 
 
http://b-womeninamericanhistory18.blogsp...-lady.html
 
:barbiegun:
 

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Abigail Adams, letter to her husband John Adams, regarding the Constitution, 1776

 

 ...by the way in the new Code of Laws which I suppose it will be necessary to make, I desire you would Remember the Ladies, and be more generous and favourable to them than your ancestors. Do not put such unlimited power into the hands of the Husbands. Remember all Men would be tyrants if they could. If perticular care and attention is not paid to the Ladies, we are determined to foment a Rebelion and will not hold ourselves bound by any Laws in which we have no voice, or Representation.

     

  "That your Sex are Naturally Tyrannical is a Truth so thoroughly established as to admit of no dispute, but such of you as wish to be happy willingly give up the harsh title of Master for the more tender and endearing one of Friend. Why then not put it out of the power of the vicious and the Lawless to use us with cruelty and indignity with impunity. Men of Sense in all Ages abhor those customs which treat us only as the vassals of your Sex. Regard us then as Beings placed by providence under your protection and in imitation of the Supreem Being make use of that power only for our happiness."

 

:) 

:rainbowsmall:

 

Lessons learned from the stamp and sugar acts....

http://alphahistory.com/americanrevoluti...atory-act/


After repealing the Stamp Act Parliament decides to pass the Declaratory Act.  This is a wicked one because it effectively puts Parliament in control over all colony policy. This leaves the colonies under the net of Parliament. Even unto having any direct redress or appeal to the king himself.


The colonies didn't pay too much attention to this act....being only concerned with the economy. After the Stamp and sugar act debacles something had to be done.


But, there were some who saw this as a prelude to bigger things on the way...taxes! More taxes with bigger teeth to collect it.

 

:puppetearth:


The Declaratory Act


March 18, 1766


AN ACT for the better securing the dependency of his Majesty's dominions in America upon the crown and parliament of Great Britain.

http://www.ushistory.org/declaration/rel...ratory.htm

 

:)

 

It might be a good idea to check out what the colonies were like before the revolution. Colonialists thought themselves part of the British Empire even up to the end. Loyalty to the king and constitution. .. . .. .

 

....only, I think the point you made about the colonists not have any redress to the king is a pretty good observation. They were shut out completely to any satisfactory outcome with the king. Parliamentary control manifesting its own will over the situation. Of course, parliament had its cronies developed from within the banking and business world. Charters, for example, are 'currency' in their own right..


An interesting article on colony charters might be in order:

What Were the Governments of the 13 American Colonies?

http://classroom.synonym.com/were-govern...20086.html