…and How God Rewards Them
Note: As is my custom, all emphases—either boldface or italics or both—and comments within [brackets] or {braces} are mine, unless otherwise noted.
In part 1, we left off as we were introducing excerpts from the testimony of Lt. Col. Archibald Roberts to the Idaho State Senate in favor of a resolution by the State of Idaho to call for repealing the Federal Reserve Act. We resume with the last sentence of part 1.
The following is a transcription from a live tape recording of the address by Col. Roberts, and questions on the issue by Senate Committee members.
These excerpts are taken from his book, copyright 1984, called The Most Secret Science.
QUOTE: Mr. Chairman and members of the Senate State Affairs Committee, my name is Archibald Roberts. I am a resident of Fort Collins, Colorado, and the Director of the Committee to Restore the Constitution. The Committee is a non-profit corporation. We are a political research and public information organization…
Since we are dealing with the Principal and Agent, it is clearly the responsibility of the respective States, as Principals, to correct any excesses of their Federal agencies in Washington, D.C.
And so, in the case of the Federal Reserve Act, which we will show later in this presentation to be unconstitutional, it will be our purpose to support the resolution now before this Committee, that is House Joint Resolution No. 3, calling for repeal of the Federal Reserve Act of 1913.
During the next few minutes, Mr. Chairman, I would like to present to the Committee the origins of the national economic crisis. This, of course is at the heart of any consideration for corrective action. We will also reveal what we consider to be the proper solution for these excesses by Federal agencies, namely, repeal of the Federal Reserve Act of 1913.
Because the State is superior to its creature, it is obviously the constitutional responsibility of elected state officials, representing their constituencies, to take whatever action is necessary to enforce the Articles of the Constitution within the borders of the State of Idaho. Of course, all political power flows from the people.
[Incidentally, I found in my library a tape recording of a radio interview I conducted with a man named Red Beckman, which I am currently transcribing in order to put the interview into blogs. In the interview, Red explains very clearly both the Constitutional and biblical hierarchy of government and the proper role of government.
It dovetails perfectly with what Col. Roberts just stated about the hierarchy of Constitutional government in this nation. In short, from top to bottom, the order is that our sovereign Creator-God is over all. Next, God has delegated to His people to be sovereign citizens under Him.
Then comes local and state governments formed by the sovereign citizens. The state governments then created the federal government which is properly and biblically at the bottom of the chain of government. When you read the interview of Mr. Beckman, you will get a much more detailed explanation of this. Now back to the testimony of Col. Roberts.]
It is the responsibility of the individual citizen, therefore, to bring to the attention of elected officials violations of the Constitution, or abridgements thereof, which threaten any of the freedoms of persons or property guaranteed to the people by the Constitution.
The significance here of course, is that the so-called trillion-dollar debt is money borrowed by the Federal government from the Federal Reserve which is, as we will show, a private banking establishment. Therefore, the interest of $100 billion paid on the national debt is actually paid to the private banking cartel called the Federal Reserve, and its Class A stockholders.
[I must pause here to note that this was in 1983. Today, our national debt is in excess of 40 trillion dollars. For the most recently completed fiscal year (FY 2025), the U.S. Federal government paid $970 billion in net interest on the national debt.
That figure represents 19% of all Federal revenue collections and was the third-largest government expenditure, behind only Social Security and Medicare. So keep that disparity in mind as we continue to hear from Col. Roberts when the interest was “only” $100 billion/per year. Quoting again:]
I think that Americans, and particularly the people of Idaho should know to whom this trillion dollars is owed, and who collects the $100 billion dollar interest payment which we have identified. And finally, are America’s taxpayers actually victims of a gigantic hoax? If the latter is the case, then we of course are dealing with a criminal conspiracy.
Chairman Yarbrough: Any other questions? [Another Senate Committee member poses a question:] Q: Mr. Chairman, Colonel Roberts, would you be providing stockholding members of the Federal Reserve System by name?
ROBERTS: I think first, Mr. Chairman, it would be helpful to identify the origins of the Federal Reserve System itself. Very briefly, without going into a lot of historical background, we can quote Colonel Ely Garrison who was a friend and financial advisor to President Theodore Roosevelt and President Woodrow Wilson, who was President at the time the Federal Reserve Act was passed.
In his autobiographical book which is entitled, Roosevelt, Wilson and the Federal Reserve Act, Garrison wrote, and I quote, “Mr. Paul Warburg was the man who got the Federal Reserve Act together after the Aldrich plan aroused such nationwide resentment and opposition. The master mind of both plans,” declared Garrison, “was Alfred Rothschild of London,”
[Again, I interrupt to help us keep the players identified. First, there was Mayer Amschel Rothschild in the mid- to late-1700s. He sent his son, Nathan, to London. Nathan’s son was Lionel Rothschild, and Lionel’s fourth son was Alfred Rothschild, born in 1842, died in 1918.
So, Col. Roberts quoted Mr. Garrison who asserted that Alfred was the mastermind of the Federal Reserve legislation. If so, that means that Paul Warburg was merely an agent doing the legwork for Rothschild. Got it? Now we continue with Col. Roberts:]
Now to identify the real owners of the Federal Reserve which is your question sir, . . .Mr. Chairman, I would like to quote from sources from Switzerland and Saudi Arabia who were queried on the real owners of the Federal Reserve.
Mr. Chairman and sir, we do not mean the managers of the twelve Federal Reserve banks who merely run the banks for the owners, the real owners. Nor do we mean the members of the Federal Reserve Board who merely make decisions in line and in consonance with the directions they receive from the real owners of the Federal Reserve.
We certainly don’t mean those who sit on the Open Market Committee of the Federal Reserve which we mentioned earlier in this presentation. We mean the real owners of the Federal Reserve.
Mr. Chairman, this has been the best kept secret of this century. And it is the best kept secret because of a proviso on passage of the Federal Reserve Act. It was agreed that no information would be released on the Class A stockholders of the Federal Reserve.
But, a Mr. R.E. McMaster, publisher of a newsletter, The Reaper, [PAUSE QUOTE. Allow me to interrupt here to add a personal note. I had the opportunity to get acquainted with R.E. McMaster. We were both among the speakers at a Bible conference held in Kalispell, Montana in the summer of 1994. I, along with about a half dozen other men sat around the living room of a nice cabin with R. E.
We had an in-depth and off the record discussion of geopolitical events. For several years after that, we carried McMaster’s latest book at the time, which is called The Christ Within: The Church and New Age Seek Him. Have any of you read it?
I did not have a photo of him but found this one on line. This photo of him must be decades old because he looks just as I remember him in 1994. Now to continue: Mr. R.E. McMaster…]
…asked his Swiss and Saudi Arabian contacts which banks hold the controlling interest in the Federal Reserve System. This was the answer received, and I quote,
Owner number one, Rothschild Banks of London and Berlin;
Owner number two, Lazard Brothers Banks of Paris;
Owner number three, Israel Moses Seif Banks of Italy;
Owner number four, Warburg Bank of Hamburg and Amsterdam;
Owner number five, Lehman Brothers Bank of New York;
Owner number six, Kuhn, Loeb Bank of New York;
Owner number seven, Chase Manhattan Bank of New York.”
Mr. Chairman, it is the Chase Manhattan Bank which controls all of the other eleven Federal Reserve Banks. Finally,
“Owner number eight, Goldman, Sachs Bank of New York.”
Mr. Chairman, sir, there are approximately three hundred people, all known to each other and sometimes related to one another, who hold stock or shares in the Federal Reserve System. They comprise an interlocking, international banking cartel of wealth beyond comprehension. END QUOTE
(To be continued.)
~END~