Handbook of Texas Online, Martin Donell Kohout, Clint, TX, accessed August 18, 2016, http://www.tshaonline.org/handbook/online/articles/hjc13. Uploaded on June 12, 2010. Published by the Texas State Historical Association.
One of the most ungodly and fraudulent institutions ever perpetrated on the American people and the world, is the Federal Reserve System which through deceit became the central bank of the United States in 1913. The idea came about on a meeting in Jekyll Island off the coast of Georgia in 1910.
Thefederal government first became involved in bank oversight in 1791, whenCongress created the Bank of the United States. The U.S. government wasthe major stockholder, owning one-fifth of the bankâs $10 million incapital.