Charles August Lindbergh
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Charles August Lindbergh, Sr. (January 20, 1859 - May 24, 1924), was a United States Congressman for 6th District of Minnesota from 1907 to 1917. He distinguished himself as an opponent of the Federal Reserve banking system and of American entry into World War I. He is best remembered for his quote preceding the now in/famous 1913 Federal Reserve Act.
Charles August Lindbergh is also notable as the father of famous aviator Charles Lindbergh, whose antiwar leadership was undoubtedly inspired by that of his father.
Lindbergh was born in Stockholm, Sweden. He was brought to the United States by his parents while an infant. He studied law at the University of Michigan at Ann Arbor, graduating in 1883 and being admitted to the bar the same year. He served as prosecuting attorney for Morrison County, Minnesota from 1891 through 1893. He was elected to congress as a Republican Party candidate. In 1916 he unsuccessfully campaigned for a seat in the United States Senate. At the time of his death, Lindbergh was a candidate for the Senate of the Minnesota Farmer-Labor Party, and is regarded to have been a principal founder of that party.
Charles August Lindbergh died in Crookston, Minnesota. His ashes are interned in the columbarium at Lakewood Cemetery in Minneapolis.
[edit] Famous Quotes
- 1 - "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill."
Also quoted as:
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- "This Act establishes the most gigantic trust on Earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized, the people may not know it immediately but the day of reckoning is only a few years removed.... The worst legislative crime of the ages is prepetrated by this banking bill."
- The Money Masters (1995) - Online video
- 2 - "A radical is one who speaks the truth."
- 3 - "The Aldrich Plan is the Wall Street Plan. It means another panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead." - The Aldrich Plan (History of Central Banking in the United States) was a forerunner to that which spawned the Federal Reserve.
- 4 - "To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest.
It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance"
[edit] Resources
| Preceded by: Clarence Buckman |
Member of the U.S. House of Representatives from Minnesota's 6th congressional district 1907-1917 |
Succeeded by: Harold Knutson |
This article incorporates facts obtained from the public domain Biographical Directory of the United States Congress.
