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and other laws; with maladministration of the h evasions of the Fed Law and
other laws; and with having unlawfully failed to report violations of law on
the part of the Fed Banks which, if known, would have caused the Fed Banks
to lose their charters, and
"Whereas I charge them, jointly and severally, with failure to protect and
maintain the gold reserves and the gold stock and gold coinage of the U.S. and
with having sold the gold reserves of the U.S to foreign Governments, foreign
central banks of issue, foreign commercial and private banks, and other
foreign institutions and individuals at a profit to themselves, and I charge
them with having sold gold reserves of the U.S. so that between 1924 and
1928 the U.S. gained no gold on net account but suffered a decline in its
percentage of central gold reserves from the 45.9 percent in 1924 to 37.5
percent in 1928 notwithstanding the fact that the U.S. had a favorable balance
of trade throughout that period, and
"Whereas I charge them, jointly and severally, with having conspired to
concentrate U.S. Government securities and thus the national debt of the U.S.
in the hands of foreigners and international money lenders and with having
conspired to transfer to foreigners and international money lenders title to and
control of the financial resources of the U.S.; and
"Whereas I charge them, jointly and severally, with having fictitiously paid
installments on the national debt with Government credit unlawfully taken;
and
"Whereas I charge them, jointly and severally, with the loss of the U.S.
Government funds entrusted to their care; and
"Whereas I charge them, jointly and severally, with having destroyed
independent banks in the U.S. and with having thereby caused losses
amounting to billions of dollars to the said banks, and to the general public of
the U.S., and
"Whereas I charge them, jointly and severally, with the failure to furnish true
reports of the business operations and the true conditions of the Fed to the
Congress and the people, and having furnished false and misleading reports to
the congress of the U.S., and
"Whereas I charge them, jointly and severally, with having published false
and misleading propaganda intended to deceive the American people and to
cause the U.S. to lose its independence; and
"Whereas I charge them, jointly and severally, with unlawfully allowing Great
Britain to share in the profits of the Fed at the expense of the Government and
the people of the U.S.; and
"Whereas I charge them, jointly and severally, with having entered into secret
agreements and illegal transactions with Montague Norman, Governor of the
Bank of England; and
"Whereas I charge them, jointly and severally, with swindling the U.S.
Treasury and the people of the U.S. in pretending to have received payment
from Great Britain of the amount due on the British ware debt to the U.S. in
December, 1932; and
"Whereas I charge them, jointly and severally, with having conspired with
their foreign principals and others to defraud the U.S. Government and to
prevent the people of the U.S. from receiving payment of the war debts due to
the U.S. from foreign nations; and
"Whereas I charge them, jointly and severally, with having robbed the U.S
Government and the people of the U.S. by their theft and sale of the gold
reserves of the U.S. and other unlawful transactions created a deficit in the
U.S. Treasury, which has necessitated to a large extent the destruction of our
national defense and the reduction of the U.S. Army and the U.S. Navy and
other branches of the national defense; and
"Whereas I charge them, jointly and severally, of having reduced the U.S.
from a first class power to one that is dependent, and with having reduced the
U.S. from a rich and powerful nation to one that is internationally poor; and
"Whereas I charge them, jointly and severally, with the crime of having
treasonable conspired and acted against the peace and security of the U.S. and
with having treasonable conspired to destroy constitutional Government in the
U.S.
"Resolve, That the Committee on the Judiciary is authorized and directed as a
whole or by subcommittee, to investigate the official conduct of the Fed
agents to determine whether, in the opinion of the said committee, they have
been guilty of any high crime or misdemeanor which in the contemplation the
Constitution requires the interposition of the Constitutional powers of the
House. Such Committee shall report its finding to the House, together with
such resolution or resolutions of impeachment or other recommendations as it
deems proper.
"For the purpose of this resolution the Committee is authorized to sit and act
during the present Congress at such times and places in the District of
Columbia or elsewhere, whether or not the House is sitting, has recessed or
has adjourned, to hold such clerical, stenographic, and other assistants, to
require of such witnesses and the production of such books, papers, and
documents, to take such testimony, to have such printing and binding done,
and to make such expenditures as it deems necessary."
After some discussion and upon the motion of Mr. Byrns, the resolution and
charge was referred to the Committee on the Judiciary.
"Attacks on McFadden's Life Reported"
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