Republican (paleo-conservative) representative Louis T. McFadden, of the commonwealth of pennsylvania, introduces articles of impeachment against the members of the Federal Reserve Board of Governors (a Federal agency that oversees the privately owned Federal System of (central) Banks):

       Whereas I charge them jointly and severally with having brought about a repudiation of the national currency of the United States in order that the gold value of said currency might be given to private interests. …”

· · · · · ·

       I charge them … with having arbitrarily and unlawfully taken over 80,000,000,000 “dollars” from the United States Government in the year 1928 …

· · · · · ·

       I charge them … with having arbitrarily and unlawfully raised and lowered the rates on money … increased and diminished the volume of currency in circulation for the benefit of private interests, …

· · · · · ·

       I charge them … with having brought about the decline of prices on the New York Stock Exchange …

· · · · · ·

       I charge them … with having conspired to transfer to foreigners and international money lenders, title to and control of the financial resources of the United States. …

· · · · · ·

       I charge them … with having published false and misleading propaganda intended to deceive the American people and to cause the United States to lose its independence. …

· · · · · ·

       I charge them … with the crime of having treasonably conspired and acted against the peace and security of the United States, and with having treasonably conspired to destroy the constitutional government of the United States.”

[restored 7/9/2022]