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behind the news National Economic Council, Inc. 230 Park Avenue New York, N. Y. 10017 BILL COULD WREC K' FEDERAL RESERVE TWENTY- FIVE BANKERS - the largest in the nation were asked to hold the line on interest rates by Treasury July 27. - Secretary David M. Kennedy However, no promises were made, and small businessmen on have begunto worry since last month's 8 ½% historic increase on lendlngmtere~ -Chairman Wright Patman (D.,Texas) of the House Banking Committee, ca lled on Nix0n to decide whether the Secretary should be removed from offi ce . He said : "The Secretary had the 25 largest bankers in the room for 2½ hours and he could not bring himself to speak up for the American public and ask for a roll back in interest rates. In my opinion, the Secretary has abdicated his office." William McChesney Martin attended the meeting, and was repo rted as smi ling throughout t he meeting ... But Wright - - - -Patman may have the last laugh on Martin. Patman introduced a bill (H.R. 27) which may destroy the Central Banking System which has lootedthe world, and made perpetual debtors of all Americans - the most product ive people since time began. Patman made Martin admit !!}_ ~ Congressional hearing that t he Federal Reserve holds $52 billion f!! Government Securities_paid for in full, but o n which t he American people are still payinginterest. Patman pointed out that this should be subtracted from the national debt. If the Federal Reserve System breaks up and Co ngress regains it s Constitut ional right to mint money, the United States would fast become financially solvent. An organ ization of international mo ney-lenders and users, who have usurped the right of the American people to coin their own money, and have made the American people pay for it, now have been caught charging the American people for a debt that has a lready been pa id . The international bankers will no doubt J!.!!!. millions out to destroy the new bill. That wi ll be a sma ll price to pay for their ho ld over this count ry . DELLINGER : "THE MAN IN RED" at PARIS TA LKS NEW LEFT LEADE R David Dell inger's representing the United States of America in prisoner negotiation with the North Vietnamese !!! Paris, has shocked Americans, and utterly shaken members' of Congress fa it h in Secretary of Sta-::e. Wil liam P. Rogers. Members of the House Committee on Internal Security, under the prodding of Representative Albert Watson (R., S. C.}, demanded " an explanation of t his sordid and unbelievable episode". August, 1969 No. 4 Representative Watson wrote t o Rogers : " As a member of the House Committee on Internal Security, I have had an opportunity to question Dellinger at length . . . He is dedicated to the overthrow of the United States Government .. . By ~ own admission , the radical bra nd of communism is appealing to him. To even entertain the idea of allowing David Dellinger to in any way, officially or unofficially, represent the United States is one of the most preposterous schemes I've heard in my over t wenty years of public service." Dellinger was under indictment for his criminal acts in inciting a riot, violation of T it le 18, Section 2101 of the United Stat es Code, at the time he represented the United States. ANTI -SEMITISM AT ALL TIME HI GH IN THE U.S. ANTI -SEMITISM IS AT ALL T IME HIGH in the United States, according to the Jewish Times. Boris Smolar, a columnist in the Times, noted that many white Christia ns and Negroes openly and strongly are ant iJ ewish. "It (anti -semit ism) is beginning to show signs of becoming an acceptable subject after fa lling into d isrepute for more t han a quarter of a century ", he said . The Nat ional Jewish Community Re lations Advisory Council blamed the new open feeling against Jews o n Arab propaganda in this country . The N.C.R .A.C. predicted the expansion of this antiJewish propaganda in "everysphere of Americar1public life, including campuses, churches, church organi zations, t he mass media and public forums" . -Acco rding to the NEC's study 0n this problem we have fo und only o ne Arab o rgan ization which puts out much anti-J ewish propaganda, and that is on ly on the Israeli quest ion . This organization is the Arab Palestine Delegation to the U.N. According to our study t he growing ant i-sem itic feeling has severa l causes: (1) Israeli aggression against the Arabs. In spite!!! massive propaganda b y the powerful Jewish-owned press and television for Israel's seizure g.f Arab lands, Americans feel that Israel under the protectio n of t he U.S. has beeA a warmonger of t he worst t ype , and t hat American Jews are aiding and abetting what is even against the best interests of the United States.- - - - - - - - - - - - --- (2 ) Many libera l and left-wing groups such as The AntiDefamat ion League, Civil Liberties Union, Lawyers Gui ld, League for Industrial Democracy, American League for Peace and Democracy, American Committee for Protection of F0reign Born, American Peace Crusade, Americans for �c>eihocratic Action are composed largely of Jews. Revolutionary groups of the New Left as S.D.S. are reported to be one-half to two-thirds Jewish. The average American feels that many of these organizations are led by Jews. (3) Jewish owned newspapers, magazines, T.V., and movies, and Jewish writers, book authors, and motion picture producers, often support or are identified with pornography. (4) Jewish insistence in many cities and towns on abolishing Christian traditions in schools and publir, places. These predominantly ChristTan towns resent being forced to abandon the Christmas tree, the singing of Carols and prayer in the schools. (5) Forcif) g of membersh ip for Jews by political pressure on hitherto private clubs. (6) Political harassment by the Anti-Defamation League etc., of conservative organizations who are not anti-Jewish, but simply patriotic. Also political pressure keeps these groups from gaining tax exemption , and further harasses thei r donors. About 80% of all Americans are conservative. JAVI TS AND 23 OTHERS PRO-COMMUNIST BY VOTING RECORD SENATOR JACOB JAV ITS led the way "in giving aid and comfort to the enemy" in the 90th Congre'ss:- - - On eighteen anti -communist bills, Javits voted 18 times for the communists. Some of t hese bills are : Giving the President discretionary autho rity t o give aid to communist countries, ot her than t he Sov iet Union, even if they export arms and strategic weapons t o the Soviet Union and Red China. (Voted Yes) ; Barring foreign aid to countries trading arms and strategic materialstocommunist countries. (No); Permitting the Presiden t to give or sell surplus food to communist countries (Yes);Barringaid to Nations trading in strat egic materials with thecommunist block (No) ; Amendment authorizing t he President to allow aid to commun ist countries at his d iscretion. (Yes) ; To delay date of rat ification of the NUCLEAR TEST BAN T REATY unt il it was revised to provide fo r adequate on-site in spection (No) ; That So viet Consular Treaty not take effect until Soviet aid to North Vietnam cease (No) . Full immunit y from criminal prosecution fo r Soviet and UT personnel assigned t o fut ure consulates, and to authorize the establishment of such co nsulates (Yes) ; Soviet Space Treaty : Treaty banning the use of outer space fo r military purposes, but not providing for inspection to insure Soviet compliance (Yes); Twenty -three other senators having almost the same voting record are : Sparkman of Alabama; Inouye of Hawaii; Ribicoff of Connecticut; Musk ie of Maine; Hart of Michigan; Griffin of Michigan; McCarthy of Minnesota; Mondale of Minnesota (late comer) ; Metcalf of Montana; Case of New Jersey; Will iams of New Jersey ; Kennedy of New York (deceased) ; Bu rdick of Nort h Dakota; Monroney of Oklahoma; Harris of Oklahoma ; Clark of Pennsylvania; Pastore of Rhode Island; Pell of Rhode Island; Gore of Tennessee; Baker of Tennessee; Moss of Ut ah; Randol ph of West Virgi nia; McGee of Wyoming. The hi ghest rating anti -commu nist Congressmen are : McClellan (Ark.), Will iams (Del.), Ru ssell (Ga.), Jordan (Idaho), Eastland and Stenn is (Miss .), Curtis and Hruska (Neb.), Thurmond (S.C.), Mundt (S.D.), Tower (Texas), Bennett (Utah). Smith (Me.). TAXPAYERS REVOLT COMING A TAX REVOLT by the American people is brewing. Citizens may absolutely refuse to pay taxes, according to The New York State Taxpayer. - -More and more people, finding that taxes are too heavy are going on the relief doles. Savings havedropped and business expansion is slowing down . In 1969, the American worker will labor two hours and 34 minutes of his 8-hour workingday to pay his federal, state and local taxes - the largest single item in the budget. Housing costs him 1 hour; food and tobacco, 56 minutes; transportation , 40 minutes; clothing, 25 minutes; medical bills 21 minutes; recreation 18 minutes; all others, 1 hour and 46 minutes. Meanwhile the value of the dollar sinks lower and lower, and the tax reform is just talk. Taxing bodies refuse to cut back their expenditures to combat inflation and bolster the economy. Few Congressmen listen to their taxpayers' laments. All that spending-money for bigger and bigger government is too tempting. Martin A. Larson, in his book, "The Great Tax Fraud, " calls the income tax "An empire of Tnµ;s~ -Under the schedule of fiscal 1969, the levy upon personal incomes reaches 49. % at $18,000, 68.2% at $50,000 and 77% at $100,000. Mr. Larson, who pointed out the loopholes and the inequities of tax, says; "if ten principal types of legal tax avoidance were abolished, the National Treasury would have $20 billion more annually, even while excusing 80% of ~I!!!:!! people from all direct federal taxation. Larson demonstrates that honesty with the Internal Revenue Service is almost certain to plunge an independent business man into ruin . Tax lawyers' latest clients are just plain taxpayers organ- izing into corporations!!! fight the unfair tax. -- CONGRESSM EN ON A CONSTITUTI ONA L CR ISIS- THE POWELL DECISION " Chief Justice Warren in his swa n song has given t he American people his final insult, a license to any Member of this body t o misappropriate public t ax funds under judi cial protection from the wrath of honest men. If th is House is t o bow t o court orders controlli ng the conduct of its internal bu siness-the separatio n of powerst he Constitutio n it self is dead. If we bow t o t he orders of the Supreme Court it necessarily fo llows t hat we beco me subserv ient to the o rders of any lesser Federal judge" ... Rarick ( Rep. La.) The Founding Fathers provided that the jud iciary, the legislative, and t he executive departments are equal , coordinate, and independent in their powers and judgment . And , if I can comprehend plain langu age, that document also provif.1les that the House shall be the judge of the qu al ifications of its own Members . Finally, so far as I am concerned , I believe t hat the House should take the attitude of a former great President of the Unit ed States, Andrew Jackson . After the Supreme Court had reached a decision in Worchest er against Georgia, March 3, 1832, which he tho ught infringed upon constitutional rights of t he Executive , President Jackson said: 'John Marshall has made his dec ision. Now let him enforce �it."' ... Colmer (ReP,_. Miss.) "Permissiveness is thus sanctioned for the highest places in American life. Two years ago the gentleman from New York (Mr. Powell) was a fugitive from justice. As such, he would have been barred from induction into military service. Yet the Court finds he was entitled to sit in a legislative body which orders other men into service" ... Van Deerlin (Rep.Cal.) DEAD BLONDES TELL NO TALES TEDDY KENNEDY'S STRANGE INT~RLUDE WITH A BLONDE may not affect his popularity very long ... Our sources report that the KK machine has already greased up for the line-up of contenders for President in 1972: Demohats, Repu.blicans and Independents. Governor Ronald Reagan, Senator Edmund Muskie and George Wallace: Watch for special smears carefully done on each. Did Jack's eye for a pretty girl ruin his chances for presidency? ... And Bob's romantic involvement with Marilyn Monroe. That was shut up and glossed over. .......... Dead blondes tell no tales. THE MAN WHO KILLED MARTIN LUTHER KING Christian Century, a leading non-denominational weekly recently proposed on its editorial page that churches - Protestant and Catholic - canonize Martin Luther King. On June 2. on the House floor, Rep. Robert A. Liggitt, eulogized King, "as!!. leader !!!_ the fight against communism". Throughout the United States efforts are being made to make King look like a saint. More has been done to make King a martyr thanhas been done to save the Rosenbergs or any other communist sympathizer. Even before his death, Congressmen knew the score about King. They were saying: "They've got to kill him. Everybody knows too much about King. You can't have a tarnished hero, but you could have a tarnished martyr". The F .B. I. disclosed its wiretappings on King, over Justice Department objections at a Federal District Court this June 4, showing King participating and planning violence with Black Muslim leaders. A confidential report by the F .B. I. in 1967 was in the hands of three Congressional Committees showing that King was a Communist agent, receiving sums and taking Tnsii-uctlons which he faitiifiiiiy carried out. Congressmen planned to summon King. The F.B.I. had proof King violated the Mann Act (white slavery) of the U.S. Criminal Code. Neither Attorney Generals Katzenbach, nor Ramsey Clark w0uld allow the F.B.I. to present this evidence to a Federal Grar:id Jury. Congressman George W Andrews placed an account of King's national car theftring in the Congressional Record in 1966, but the Justice Department had instructions from L.8.J. to protect his image, and refused to let the F.B.I. arrest - - -him. - Dr. King revealed in his own words that he gave plans to Stokey Carmichael to set up black militant organizations in order to dislocate the functioning of major cities without destroying them. King trained subversives in the techniques gf violence that looked non-violent. - - The F .B.I., although a branch of the Justice Department, refused to keep quiet about King and Americans learned the truth. Who killed King? Someone who wanted .E. martyr and the passage of the 1968 Civil Rights Bill. King hadlilmost lost his usefulness to the international conspiracy to destroy the U.S. Money quit coming in from Negroes and white "little givers". The full cost of his activities- fell back to the Warburgs, Soviet agents and a little gang of communist professional revolutionists who first launched King into orbit. The only way to make King.look good was as a corpse. Was Ray a paid killer for those who needed a martyr? Or was he framed by one of the very ruthless and dangerous enemies of America who killed King? NEW HOUSE BILL GIVES HEW $12,000,000 FOR FORCING INTEGRATION: $344,000 TO PROTECT AGAINST OVERTHROW OF UNITED STATES A Bill for Four Government Departments - State, Justice, and Commerce, the Judiciary - "and related agencies for the fiscal year ending June 30, 1970, and for other purposes" has just been passed. This catch-all bill was fought by some of the more sophisticated members of Congress. "Other purposes" sneaked into the bill are: Obligations of membership in international multilateral organizations $130, 187,000; community relations services - $3,077,000; minority business enterprises - $1,200,000; commission on civil rights - $2,650,000; civil rights education, HEW $12,000 000; equal employment opportunity commission - $10,000,000. The Hon. John R. Rarick of Louisiana said in the House of Representatives on July 24, 1969: "Moneywise, our people at home will conclude that we are 36 times more determined to fight them than we are to protect them from the ever-growing threat of communist tyranny". Rarick says that the civil rights money is not for education toward integration, but like all HEWmonies, is used to strongarm citizens into compliance.

ADA AND THE ABM ASSASSINS AMER ICANS FOa DEMOCRAI IC ACIION are tr.ying te kill the ABM in their biggest fundraising d rive to date. AOL, with a huge picture of homely Arthur Schlesinger on its latest direct mail piece, states: "ADA organizers are forming and helping anti-ABM cofninunity groups throughout the country. ADA 7ejfs7atfve representatives work daily on Capitol Hill in close contact with the increasing number of senators and congressmen who share our doubts about the infallibility of the mil itary mind". Such persons as these appear on the Board of ADA: Reinhold Niebuhr, honorary chairman; John Kenneth Galbraith, national chairman: Meyer Berger, treasurer; vice chairmen, Walter P. Reuther ("Y0urs for a Soviet America"). HarisG. Morgenthau , David Dubinsky, Joseph L. Rauh, Jr., Marvin Rosenberg. Many of the people on this board appear on countless other boards of leftwing organizations which are interested in World Government, destroying American sovereignty, building up the welfare state, and heavy taxation, unlimited ., �government spending, aml anything except preserving the strength of the United States in a communist-expanding world. Polls show that the public !!_ backing President Nixon 's proposed ABM system. 8 out of 10 Americans prefer over to under nucleur capability . Yet Congressmen state that their mail !! running l1_ ~ against ABM. That means a vocal and active minority !!_ putting on the pressure to leave America defenseless. Yet our entire defense system is under attack.R.O .T .C., most effective anti-drug organizations created. It aims at the young people in grade schools, high schools and colleges. Its bulletins are shocking, but they lay it on the line as to what happens to kids who take drugs . The raw facts are there, and they are backed up by experts. Write to them at 3875 Wilshire Boulevard, Los Angeles, California, if you would like to help . university projects for military research, scientific research all are being attacked . WARNING: ON THE DECLINE AND FALL OF A NATION NEW TYPES OF REVOLUTIONARIES "We are taxed in our bread and our wine , in our incomes and our investments, on our land and on our property not only for base creatures who do not deserve the name of men, but for foreign nations, complaisant nations who will bow to us and accept our largesse and promise us to assist in the keeping of the peace - these mendicant nations who will destroy us when we show a moment of weakness or our treasury is bare , and surely it is becoming bare! We are taxed to maintain legions on their soil, in the name of law and order and the Pax Romana, a document which will fall into dust when it pleases our a llies and our vassals. We keep them in precarious balance only with our gold . Is the heartblood of our nation worth these? Were they bound to us with ties of love, they would not ask our gold . They ta ke our very flesh, and they hate and despise us . And who shall say we are worthy of more? . .. When a government becomes powerful it is destructive, extravagant and violent ; it is an usurer which ta kes bread from innocent mouth s and deprives honorable men of their substance, fo r votes with which to perpetuate itself. " - Cicero, 54 B.C. YOUNG P EOPLE HAVE FOUND A SQUARE REVOLUTIONARY they are proud to follow. He follows the Jefferson brand of revolt. His name is Ed Butler, and he publishes a rapidly growing publication called "Square Magazine". Mr. Butler believes that leaders of S.D.S. want to set up a Marx ist dictatorship . His slogan is "Strike back " and youngsters across the nation are joining up to help him.

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The National Youth Alliance represents America's young conservatives. On its Board are young college professors, news analysts, writers, military heroes and just plain cleancut American kids .

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Council on Dangerous Drugs promises to be one of the , Extra copies of this Bu lleti n 1 5 ¢ eac h ; 8 for $1. 00 ; 1 0 0 for $10.00 ; 1 ,000 for $6 5 .00 National Economic Council, Inc., 230 Park Avenue, New York, N. Y. 10017 �