Gertrude Coogan, Money creators (1935)
Who Creates Money ?
Who Should Create It ?
Gertrude M. Coogan
First printing February 1935
Library of Congress Catalog Card Number 67-28926
Gertrude Coogan, Money Creators
How long shall we allow our leaders, spiritual and political, to pretend that they see nothing, hear
nothing, and know nothing ? How long shall we tolerate organs of education and information, public
and private, commercial and religious, which are drugged ? How much longer shall we silently consent
to have the strong kept in a trap, the wise surrounded by fog, and the sincere millions caused to suffer
There can be no Liberty without Economic Freedom — America can have no Economic Freedom
without an honest money system — one removed from the controls of the socially irresponsible private
The problem facing us today is not the formation of a new political party. It is to inform the
constituents of every Congressional District so that they may put such pressure upon our Congressmen
and Senators as to leave them no alternative but to do the will of the people. The people must demand
of them an honest money system. The illicit political machines and numerous rackets will pass into
oblivion when an honest money system is set in operation. The controllers of our money system are the
controllers of our illicit political machines.
Do you want money made honest for you by the National Government; or kept “sound” for the Money
Creators by mis-government ?
Do you want U.S. dollars in sufficient number to keep the “wolves of depression” from your door; or
do you want dollars in such overwhelming num bers as to deprive them of all value, as the Money
Creators have done