The secret meeting was described by one of its architects, Frank Vanderlip, as follows:
There was an occasion near the close of 1910 when I was as secretive, indeed as furtive, as any conspirator. I do not feel there is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve system. We were told to leave our last names behind us. We were told further that we should avoid dining together on the night of our departure. We were instructed to come one at a time, where Senator Aldrich's private car would be in readiness attached to the rear end of the train for the south. Once aboard the private car, we began to observe the taboo that had been fixed on last names, a discovery we knew simply must not happen or else all our time and effort would be wasted.
The goal was to establish a private bank that would control the national currency. The challenge was to slip the scheme by the representatives of the American people. Earlier it had been called the Aldrich Bill and received effective opposition. The devious planners of the revised bill titled it the "Federal Reserve Act" to mask its real nature. It would create a system controlled by private individuals who would control the nation's issue of money. Furthermore, the Federal Reserve Board, composed of 12 districts and one director, the Federal Reserve chairman, would control the nation's financial resources by controlling the money supply, available credit and by mortgaging the government through borrowing.
This kind of conspiracy would be unnecessary today, but in those days, the average voter was sophisticated enough to understand the issues. Today, all that would be necessary.
The conspirators had a problem because President William Howard Taft had made it clear that he would veto such a bill if it was introduced. They had to make sure that he did not win re-election. At first, they supported former President Teddy Roosevelt in the Republican primaries, but he failed to get the nomination. Then the bankers supported the Democratic contender, Woodrow Wilson. In exchange for their support, WIlson promised to sign their bill into law, but the problem was the polls indicated that Wilson would only draw about 45% of the vote. The bankers needed someone to draw a sufficient number of Republican votes away from Taft without harming their Democratic candidate. So they arranged for Teddy Roosevelt to run against both of them by representing a newly invented third party called the Bull Moose Party.
The plan worked. The Federal Reserve Act was held to vote on until December 23, when everyone went home on leave except those who had been bribed to remain or who were somehow beholden to the power elite. Only those senators and congressmen who had not gone home, owed favors, or were on the payroll of bankers were present to vote on the legislation. It's interesting that involved behind the scenes in the election of Woodrow WIlson and Franklin Roosevelt was Col. Edward House, son of the Civil Was Rothschild agent, Thomas W. House. Col. Edward House was a representative of the interests of the Rothschild Bank. Originally he was a member of the Institute of International Affairs formed in Paris at the Majestic Hotel in a secret meeting on May 30, 1919. It's American branch was formed on July 29, 1921, and is now known as the Council of Foreign Relations.
The Federal Reserve Act was a way to pacify the American voters. They had been crying out for banking reform and held scores of elections, alternating one set of politicians for another, only to find themselves with the same programs and getting deeper in debt. A prominent congressman, Charles A. Lindbergh, Sr., had complained that it was a common practice of congressmen to make the title of a piece of legislation sound like a promise or a right, but in the body or text to actually take away that which was promised in the title. Lindbergh also pointed out that the government officeholders understood that if they joined with the banking interests to exploit the American people, their re-election was more certain than if they served the people who elected them. By joining the exploiters, their campaign expenses were paid, the support of the political machines and the capitol press was assured, and - if by chance they should lose - they were appointed to an office or position that was equal to or better.
The same phenomenon is visible today. It seems that the same cast of characters emerges in key positions whether the nation goes Democratic or Republican. Both sides appear to have sold out. For example, the North American Trade Agreement and the GATT Agreement were both called "agreements" to avoid requiring the two-thirds majority of the Senate that the Constitution requires. Later they are called "Treaties". Why weren't they called "treaties" up front? Because they wouldn't have passed. They only passed with a bare majority in a special session of lame duck Congress that had just been swept out of office.
Even Woodrow WIlson felt that he had made a terrible mistake in signing the Federal Reserve Act. He later wrote:
"Some of the biggest men in the United States in the field of commerce and manufacture are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so prevasive, that they had better not speak above their breath when they speak in condemnation of it."
Written by Chuck Missler, from the book, "Steeling the MInd of America" by various authors. Get your copy at Amazon.......