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been, and will continue to be, the ultimate weapon against the 

powerful conspirators who compelled him to serve thirteen and a 

half years without trial, as a political prisoner held in an insane 
asylum a la KGB. His earliest vindication came when the 
government agents who represented the conspirators refused to 

allow him to testify in his own defense; the second vindication came 

in 1958 when these same agents dropped all charges against him, 
and he walked out of St. Elizabeth’s Hospital, a free man once 

more. His third and final vindication is this work, which documents 

every aspect of his exposure of the ruthless international financiers 
to whom Ezra Pound became but one more victim, doomed to 

serve years as the Man in the Iron Mask, because he had dared to 
alert his fellow-Americans to their furtive acts of treason against all 

people of the United States.

In  my  lectures  throughout  this  nation,  and  in  my  appearances  on 
many radio and television programs, I have sounded the toxin that 

the Federal Reserve System is not Federal; it has no reserves; and it is 
not a system at all, but rather, a criminal syndicate. From 
November, 1910, when the conspirators met on Jekyll Island, 
Georgia, to the present time, the machinations of the Federal 

Reserve bankers have been shrouded in secrecy. Today, that 

secrecy has cost the American people a three trillion dollar debt, 

with annual interest payments to these bankers amounting to some 
three hundred billion dollars per year, sums which stagger the 

imagination, and which in themselves are ultimately unpayable. 

Officials of the Federal Reserve System routinely issue remonstrances 
to the public, much as the Hindu fakir pipes an insistent tune to the 

dazed cobra which sways its head before him, not to resolve the 
situation, but to prevent it from striking him. Such was the soothing 
letter written by Donald J. Winn, Assistant to the Board of Governors 

in response to an inquiry by a Congressman, the Honorable Norman 
D. Shumway, on March 10, 1983. Mr. Winn states that "The Federal 
Reserve System was established by an act of Congress in 1913 and 
is not a ‘private corporation’." On the next page, Mr. Winn 

continues, "The stock of the Federal Reserve Banks is held entirely by 
commercial banks that are members of the Federal Reserve 

System." He offers no explanation as to why the government has 
never owned a single share of stock in any Federal Reserve Bank, or 
why the Federal Reserve System is not a "private corporation" when 

all of its stock is owned by "private corporations".