1891

The money changers spent the last decade creating economic booms followed by depressions, so that they could buy up thousands of homes and farms for pennies on the dollar. They were preparing to take the economy down again in the near future, and in a shocking memo sent out by the American Bankers Association, which would come out in the Congressional Record more than twenty years later, the following is stated,

"On September 1st 1894 we will not renew our loans under any consideration. On September 1st we will demand our money.

We will foreclose and become mortgages in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price ... Then the farmers will become tenants as in England ... ,"

1891 American Bankers Association, as printed in the Congressional Record of April 29, 1913.