Talk:Ernest Seyd
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(cur | prev) 16:26, 18 November 2009 KHirsch (Talk | contribs | block) . . (6,452 bytes) (+6,013) . . (Long note on Ernest Seyd controversy) (undo)
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Hon. Ignatius Donnelly writings
[edit]http://heritech.com/ymagchy/donnelly/donnelly_06.html has an essay about this topic.
It says that the congressional record at various points mentions the American visits & lectures of Seyd. It argues that although Seyd had published writings about bimetalism for coinage, that like Benedict Arnold started out a patriot, Seyd switch sides. It also argues that when the Seyd family refuted the affidavit of Frederick A. Luckenbach, they refuted only the parts of the story concerning the Bank of England's involvement, bribery, etc, and did NOT say that Luckenbach was completely unknown to them or that Luckenbach lied about meeting with their family in England on Luckenbach's several visits there. If mention of Seyd doing lectures / consultation on coinage in the USA was given in the congressional record of Donnelly's writings, I do not think it likely that the congressional record was manipulated by people not bribed by anyone and would, if possibly be done, by people or organizations with unlimited financial backing such as those bribed by bank of England monies to hide the affair.
The essay is attributed to Hon. Ignatius Donnelly. Google search of (Hon. Ignatius Donnelly) indicates that he was of Minnesota b. 1831- d. 1901 and was author of "The American People's Money, 1896."
Bank of England owners would be sure to deny involvement in nefarious plots against America even if true so sources based solely upon their affirmations are questionable to start with and after decades passed (NT Times 10 Oct 1896), denial would be based on second and third hand initial denials. The Bank may never have had Seyd as an employee, but may have contracted his services or have dealt with him in a way (under the table) to be able to plausibly deny having been involved with him should evidence come out about the plot.
Where is the information arguing at the time 1860s & 1870s in favor of stopping silver coinage, given that the US Constitution specifically mentions coinage of both silver and gold in its text? In various videos available, it explains that it would only be to the advantage of certain international bankers based in Europe to have single metal gold coinage rather than include silver so that the supply of money in America could be more easily manipulated. Silver mining in America would mitigate against European speculators from cornering its market in America. When money is in plentiful supply, commerce and investment increase, lifting the standard of living of the local economy. However, where money is plentiful, bank loans are much less needed when financing from savings or investors can be secured very easily, thereby providing a motive by any bankers, domestic or foreign, to halt plentiful money being available in America. 99.224.61.118 21:33, 18 November 2011 (UTC)