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Letter to: Sir Alan Reid, Keeper of the Privy Purse, Buckingham
Palace, London
30 June, 2007
The Rescue of Buckingham Palace
Dear Sir Alan
There could not be a better cause for a campaign to reform our
monetary
system, than the maintenance of our Buckingham Palace. That reform
would
receive almost universal support and indirectly, would benefit everyone.
To preserve our National Heritage there is work to be done, for
which the
money does not exist.
New money would have to be made and as the law now stands, the
only method
available is to ask private financiers to issue that new money as
credit.
To issue new money as credit is to counterfeit money. The Oxford
English
dictionary defines counterfeit as “an imitation with intent
to deceive.”
Issuing new money as credit (with intent to deceive the borrower
that he is
being allowed the use of existing money and for which he pays interest)
is
the only method by which new money is created. The instant that
credit is
accepted as a loan of money, the law states that the borrower now
owes
money.
“The modern banking system manufactures money out of nothing.
The process
is perhaps the most astounding piece of sleight of hand that was
ever
invented. If you want to be slaves to the bankers and pay the cost
of your
own slavery then let the banks create money”.
Lord Stamp, former Director of the Bank of England.
The law is the Tonnage Act of 1694, which is still on the statute
book. The
privilege of creating new money should be returned to the Crown
or to the
Treasury on behalf of the Crown. Providing that this is done correctly
and
openly so all could see its integrity, there could be no inflation;
none,
zero inflation.
The whole nation would agree that Buckingham Palace has a place
in all of
our hearts and restoring it will be a wonderful motivation for monetary
reform.
I enclose a copy of “The New Money Textbook” which I
have just revised. It
explains all this very clearly. I am always available by telephone.
Doctor Edward C Hamlyn MBChB
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