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The
Federal Reserve
Monster
By
Jim Jam Jems
BISMARCK, N.D.
Price $2.00 in U.S.A.
Carriage Prepaid
COMPILED, EDITED AND PUBLISHED
By
Sam H. Clark and Wallace Campbell
Of
JIM JAM JEMS
Bismarck, North Dakota
Copyright August 1922
EDITOR'S FOREWORD.
ITH "charity toward all and malice toward none" we indite thisvolume of criticism of the Federal Reserve "Bunking" System as it is"practiced" in America. We are not posing as a modern David, nor dowe underrate the size of the giant we have tackled herein by severaldamsights. And by the same token we are not depending on a single stoneto deliver a knockout; on the contrary we are delivering a veritablevolley of rocks at the object of our criticism and we hope that everychapter written here will raise bruises and welts on the back and bellyof the critter.
We have no intention nor desire to kill. And we don't believe inreform. When a thing needs reforming it needs an axe. But what weare striving to do is to awaken public sentiment to the damnableramifications of the Federal Reserve Octopus in the hope that thepeople will "come alive" and eventually force the Federal ReserveSystem to be born anew.
It is the abuse of the Federal Reserve System to which we object. Everylittle while some smart Alec mounts the bema and roars about the greatgood that the Federal Reserve System has accomplished. It is called theSavior of Credit and Industry. But it is misbranded. There's a vastdifference between the picture on the tomato can and the contents ofthe can.
If you have ever lived in the West or North or in any part of thecountry where wild ducks or partridges or prairie chickens nest, youare familiar with the antics of the mother duck or prairie hen duringthe hatching season. You have come suddenly upon the mother of a broodalong the roadside and as she hops along there is every indication thatthe bird is wounded and she leads you away from her nest to a pointwhere she figures the young are safe and then up and away she goes.These touters for the Federal Reserve System remind us of the motherduck and the prairie hen. They flap along and distract your attentionfrom the nest which they are so beautifully feathering; they prateabout "saving" and "benefiting" and flap you along until you lose sightof the brood of evils that they ar