HJR-192 Proof America Has Been Broke Since 1933

Hey E, you were wanting the document on HJR-192. I got a copy of the page but it's not very good. I'm not sure about the last word in the title for the first paragraph. I've typed up what I believe it all says and I'm including the copy I have now which isn't very good. But the main point that the country was hocked back in 1933 is readable. It's the last sentence in the first paragraph and has the red highlight around it.

Here's what that paragraph says.

Expansion Of The Currency System

If the Republican party had released itself from the from the clutches of Wall-Street and expanded the currency immediately after the stock market crash in 1929 or within a year after the crash, our people would have been saved from this awful money panic. Our President will doubtless ask amendments to this new law when conditions are more normal and when it is better understood. Under the new law, the money is issued to the banks in return for government obligations, bills of exchange, drafts, notes, trade acceptances and banker’s acceptances. The money will be worth 100 cents on the dollar, because it is backed by the credit of the nation. It will represent a mortgage on all the homes and other property of all the people in the nation.

And here's the picture of the congressional document.



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