litical extortion and promises of bribes
with public money to force the House of Representatives, in January,
1961, to pack the House Rules Committee, imagine how the President could
whip Congress, and the whole nation, into line if the President had just
_some_ of the additional, unconstitutional power which the Commission on
Money and Credit wants him to have.

* * * * *

The objective of the Commission on Money and Credit (to finish the
conversion of America into a total socialist state, under the
dictatorship of whatever "proletarian" happens to be enthroned in the
White House) can be seen, between the lines, in the Commission's remarks
about the "formidable problem" of unemployment.

The Commission wants unemployment to drop to the point where the number
of jobless workers will equal the number of vacant jobs! And the clear
implication is that the federal government must adopt whatever policies
necessary to create this condition.

Such a condition can exist only in a slave system--like the socialist
system of communist China where, for example, all "farmers" (men, women,
and children) enjoy full employment; under the whips of overseers, on
the collective farms of communism.

The Commission on Money and Credit was created on November 21, 1957, by
the Committee for Economic Development (CED). In the 1957 Annual Report
of the CED, Mr. Donald K. David, CED Chairman, gave the history of the
Commission on Money and Credit. Mr. David said:

"CED began nine years ago [1948] to call attention to the need for
a comprehensive reassessment of our entire system of money and
credit.

"When the last such survey of the economic scene was made by the
Aldrich Commission in 1911, we had no central banking system, no
guaranteed deposits or guaranteed mortgages. There were no personal
or corporate income taxes; no group insurance plans, pension funds,
or Social Security system....

"Although CED had envisaged a commission created by government, the
inability of government to obtain the consensus required for
launching the study became as apparent as the need for avoiding
further delay. So, after receiving encouragement from other
research institutions, leaders in Congress, the Administration, and
from various leaders in private life, CED's Trustees decided to
sponsor the effort, assisted by a grant from The Ford
Foun