Coughlin Charles Edward - Money ! Questions and answers

Author : Coughlin Charles Edward
Title : Money ! Questions and answers
Year : 1936

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Born October 75, 1891, of American parents residing in Hamilton, Ontario, Father Coughlin's boyhood and early school days were spent in his native city. Upon the foundation of a devoutly religious home life his Christian education was built. His parents, Thomas J. and Amelia (Mahoney) Coughlin, observed their Golden Wedding anniversary last year. Preface. This book is written for the ordinary American citizen. Therefore many needlessly abstract and intricate questions dealing with political economy, banking, and money are pur-posely omitted. Unlike many writers on money, the author is in nowise identified with that band of political economists who have proven to be nothing more than mouthpieces for the private coiners of money. Moreover, the author of this book has kept in mind the vast resources and virgin wealth of the United States of America where want needlessly reigns in the midst of plenty simply because there is a planned scarcity of money required for the transfer of wealth. The National Union which is propagating the doctrine of social justice presents this book to the American public in order to expand principles number six, number seven and number eight of the sixteen principles of social justice which have been widely publicized. These specific principles are as follows: 6. I believe in the abolition of the privately owned Fed-eral Reserve Banking System and in the establishment of a Government owned Central Bank. 7. I believe in rescuing from the hands of private owners the right to coin and regulate the value of money, which right must be restored to Congress where it belongs. 8. I believe that one of the chief duties of this Govern-ment owned Central Bank is to maintain the cost of living on an even keel and arrange for the repayment of dollar debts with equal value dollars. In no sense, however, should this book be misinterpreted to mean that the National Union has discarded other princi-ples. Because money is the most vital and fundamental prob-lem to be solved before social justice can be reestablished, this is the first of a series of books which will deal with the entire program of social justice. It is hoped that the possessor of this book will not con-tent himself with merely reading, but will acquire a fluent knowledge of the truths herein contained to the end that he will be able to instruct his fellow citizens on the money ques-tion. Needless to remark, it is not convenient for the public press either to explain or to uphold many of the teachings herein contained. Consequently, it is believed that this book will be of service to the misinformed and uninformed public. ...

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