“Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt…

Mr. Chairman, when the Federal Reserve Act was passed, the people of the United States did not perceive that a world system was being set up here… and that this country was to supply financial power to an international superstate — a superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.”

– Congressman Louis T. McFadden, from a speech delivered to the House of Representatives on June 10, 1932