|Title||:||father coughlin (x) bonds and the federal reserve bank|
|Plot||:||+ Father Coughlin network, WHBI, Newark, New Jersey aircheck. "Federal Debt and Obligation Bonds". The broadcast originates from The Shrine Of The Little Flower, Royal Oak, Michigan. "How did the banks come to own $30 billion of government bonds?" Many people believe that the Federal Reserve Bank is owned by the government. it is not. Lending money to a country at war (France) is, "The worst kind of contraband." + In the spirit of cooperation rather than of criticism reverend speaker Father Coughlin approaches the discussion of one phase of our financial system. He is attempting to make a contribution of facts which will enable you to weigh our de facto financial system which in his mind is not only obsolete in so far as it is unable to meet the present need of “modern” society but which, if sustained in it’s present activity will in Father Coughlin’s opinion produce untold misery in this land teaming with wealth.|
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