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                 With a Treasury Debt-Free Money System in
                   Place Income Taxes and Virtually all
        

                                TAXES WOULD END



        Here is an article published in the February, 1990 issue of the 
"National Educator;  Fullerton, California, USA, written by columnist 
James P. Fitzgerald.
        The Federal government is cutting back on various health care 
programs.  These cuts are all becuase of the debt, deficits and shortage 
of money.  Estimates are that many thousands will die as a result of the 
cuts.
        The cutbacks were explained by a Mr. William Vaughn, an aide to 
Fortney Stark, one of the key Congressmen on health issues, by saying,

        If money came from heaven like manna, we would pay for this.  
        But it doesn't so we have to make choices.

        How sad that Mr. Vaughn did not explain where money does come 
from!  A truthful statement would surprise many millions of people.  
Vaughn's statement implies that money is hard come by, yet the banks create
money the God created mana and spread it all around for the Jews in the 
desert.  God gave the mannaas a free gift but the bankers charge usury 
for lending the money they create.
        People steadfastly refuse to believe that the banks are like 
magicians in creating the money they lend.  The unbelief comes from a 
common conviction that no government would be crazy enough to let private 
bankers create money.  So the common perception remains that banks don't 
really create money becasue only idiots would permit it.  At the same 
time banking propaganda continues to warn that government must be careful 
not to print too much money and cause inflation.
        The propaganda is effective because it is buttressed by the 
economists who know prefectly well that the government only prints 
currency at the request of the banks.  But the main proof that government 
has lost its Constitutional prerogative to coin money lies in the debt 
figures.  If the public authority were creating the nation's money, would 
it have a two and one-half trillion debt and a 250 billion dollar 
deficit?  The Federal Reserve has created billions of dollars, and as a 
result has billions in assets and no debt.  People should be impressed by 
those figures.
        If the Fed is asked why it has a policy of opposing U.S. Treasury 
creation of money, it replies that government cannot be trusted to carry 
out its sovereign prerogative of coining money; it cannot be trusted 
because it would print money wholesale and cause inflation.
        THis absurd charge can fool and confuse the masses, but it has no 
merti.  It lacks merit because the Congress has to set up a budget and 
authorize approprations in accord with national needs.   So the money 
total will be the saem whether government borrows the money or creates it.
        But strikingly obvious are the benefits that would come from a 
treasury money system.  The first and most obvious would be an end to 
income taxes and virtually all taxes.  With a treasury debt-free moeny 
system in place, the government could face up the repair and upkeep of 
the badly decayed infrastructure - roads, bridges, seaports, dams water 
and sewer systems, parks and playgrounds.  At the moment, officials are 
distressed with the decaying conditions throughout the nations, but they 
are strapped for money.
        In opposing the implementing of a sound Treasury system, the 
financiers  will call on all their powerful reserves.  THe media will 
obediently shout "Fiat money, printing press money".  THe horrors of 
inflation will be described on every page.   What can save the situation 
is a popular recognition that a Treasury system will, in fact, end taxes.
        The bankers can't deny it.

        "All that is necessary for the triumph of evil, is that
        good men and women do nothing."
 
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