Larouche Online Almanac

Published: Tuesday, June 29, 2004

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Volume 3, Issue Number 26
Back Issues

From the LaRouche in 2004 Committee...

You are cordially invited to attend a webcast hosted by LaRouche in 2004 on July 15, 2004. The subject of the discussion, which will be keynoted by Democratic Presidential pre-candidate Lyndon LaRouche, is encapsulated in the following statement, issued by LaRouche on June 20.

The webcast will begin at 1:00 p.m. Eastern Daylight Time, and will be accessible through the campaign website, www.larouchein2004.com. Those wishing to attend the event, which will occur in the Washington, D.C. area, must pre-register. Please call 1-800-929-7566 for more information.

Need to Know This Week
Credit: www.hants.gov.uk

June 22, 2004
Excepting the deliciously painful message which Britain's voters sent to U.S. Vice-President Dick Cheney's liberally imperialistic accomplice, British Prime Minister Tony Blair, the most recent round of elections in Europe had been a collection of travesties on the way to becoming a continental tragedy. The name of that ill-fated political minestrone now being cooked on the continent, is the enlarged, would-be imperial European Union. The not-so-many Europeans who turned out for those elections, have apparently decided to protect their sovereignty from U.S. arrogance, by the curiously clever method of destroying their own nations' sovereignty, as a way of preventing President George Bush from stealing it.

I did not exaggerate the case in the slightest degree when I warned, this past weekend, that, under a continuation of its present policy-drift, western and central Europe may be on the way toward becoming a basket-full of what British agent Robert Cooper has defined as "failed states." The evidence supporting such a conclusion, is as massive as it is appalling.

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Screwball Internet Slander of LaRouche Launched in Venezuela

According to a press release issued June 19 by EIR, U.S. Presidential candidate Lyndon LaRouche described a June 10, 2004 Internet article, circulating under the byline of "Venezuelan journalist Ernesto J. Navarro," as a "screwball attack on me, an obvious piece of garbage for anyone who knows anything. But in these days of international terrorism, you've got to look at garbage with more than simple disdain, but with an eye on counterintelligence."

Economic reports

U.S. Economic News

World Economic News

World and Nation-state

United States

Ibero-America

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Russia and the CIS

Southwest Asia

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this week in history

June 28-July 4, 1862

President Lincoln Signs the Morrill College Land Grant Act

On July 2, 1862, President Abraham Lincoln signed the Land Grant Act passed by Congress in June to provide funding for higher education. The bill was also known as the Morrill Act, named after its sponsor, Congressman Justin Morrill of Vermont. The measure gave every state, including those of the South whenever they would reenter the Union, 30,000 acres of public land for each of its Congressional representatives. Thus, the land would be distributed according to population density.

The proceeds which would go to each state from selling the land were earmarked for the foundation and maintenance of state colleges, "where the leading object shall be, without excluding other scientific and classical studies, and including military tactics, to teach such branches of learning as are related to agriculture and the mechanic arts."

The Morrill Act was not an isolated piece of legislation, but an integral part of a legislative package designed to reestablish the American System of Political Economy. What the situation had been in America before the election of Abraham Lincoln is illustrated by what happened when the Morrill Act, originally granting only 20,000 acres, was first introduced in 1857. It was vetoed by the treasonous President James Buchanan, who had demonstrated his economic ideology in an 1840 speech made during the terrible depression which had resulted from British manipulation of gold prices. Buchanan suggested that in order to preserve a low tariff on imported goods, especially those from Britain, American wages should be adjusted downward to correspond to those in Europe. For this bald-faced support of British free-trade policy and starvation wages, he earned the appropriate nickname "Ten Cent Jimmy."

Because of the destruction of America's National Bank, and the series of traitorous Presidents ending with Buchanan, the Union found itself virtually bankrupt at the start of the Civil War. But predatory banking houses such as the Associated Banks of New England and New York, and their allies, the Rothschild and Baring banking houses of Europe, were most eager to buy United States securities. Like the International Monetary Fund today, they were pleased to dictate destructive terms for the use of their ill-gotten funds. And they did, indeed, lay out such terms to Treasury Secretary Salmon P. Chase and a group of Congressmen. The terms dictated that the U.S. government would adopt a policy of stringent taxation, allow the banks to sell U.S. securities below par on the London markets, suspend the "Sub-Treasury Law" which gave the government regulatory power over the banks, and halt the issuance of government legal tender. In other words, to surrender American sovereignty.

Fortunately, the American System faction of the Republican Party, through a vigorous campaign launched well before the Republican National Convention of 1860, had succeeded in committing the party to a program of internal improvements and to a protectionist tariff policy. In the fall of 1861, Justin Morrill met with Treasury Secretary Chase to work on a tariff structure that would protect American industry and agriculture. Secretary Chase's report to Congress proposed a Hamiltonian policy for America.

Then, on Dec. 3, 1861, President Lincoln addressed Congress and proposed the new Morrill Tariff plan, and the issuance of a currency that was internal to the U.S. and backed by the government's commitment to a policy of rapid industrial expansion. Instead of issuing U.S. bonds to be sold on the London Markets, the government sold them to U.S. banks and owners of U.S. industries. Lincoln also advanced a peace-winning program to industrialize the South, such as a north-south railroad, to begin immediately in Union-controlled territory, thus providing a basis for the South to recover once the war was ended. Economist Henry Carey, who worked with Justin Morrill and advised President Lincoln, wrote that "Lincoln had 'wed' the nation's treasury to the producers of wealth."

Most relevant to the passage of the Land Grant Act was Lincoln's discussion, in his report to Congress, of labor's priority over capital. He asked for the attention of Congress to "the effort to place capital on an equal footing with, if not above labor, in the structure of government. It is assumed that labor is available only in connection with capital; that nobody labors unless somebody else, owning capital, somehow by use of it, induces him to labor.... [However,] labor is prior to, and independent of capital. Capital is only the fruit of labor and could never have existed if labor had not first existed. Labor is superior of capital, and deserves much the higher consideration."

And, so, once the protective Morrill Tariff was passed in March of 1862, the Homestead Act in May, and measures banning slavery in the District of Columbia and in the Western territories passed the Congress in June, the College Land Grant Act came up for a vote. A few western Republicans opposed it, but there was immense popular sentiment in favor of state colleges which would teach scientific agriculture, mechanics, military arts, and the other arts and sciences. Newspapers, ministers, farm organizations, and many presidents of private colleges fought for the bill. Some state legislators instructed their Senators to vote for it. When it came to a vote, many Representatives broke party lines to vote for the bill. The Senate approved it 32 to 7, and the House voted for it 90 to 25. Wrote Justin Morrill later, "To many Democratic leaders of Congress, and more outside, I am much indebted for kindly sympathy and cooperation."
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In Depth Coverage From Executive Intelligence Review
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Feature:

The Failed State of Continental Europe
by Lyndon H. LaRouche, Jr.
June 22, 2004
Excepting the deliciously painful message which Britain's voters sent to U.S. Vice- President Dick Cheney's liberally imperialistic accomplice, British Prime Minister Tony Blair, the most recent round of elections in Europe had been a collection of travesties on the way to becoming a continental tragedy. The name of that ill-fated political minestrone now being cooked on the continent, is the enlarged, would-be imperial European Union.

  • The 'Uro-Socialism' Threat to the U.S.A.
    by Lyndon H. LaRouche, Jr.
    Released by the LaRouche in 2004 campaign committee on June 19:
    Any attempt to define a competent national security doctrine for the U.S.A. now must take into account the threat to Trans- Atlantic civilization represented by the rapid emergence of some Europeans' ideas for which the gentlest possible of appropriate technical terms, is 'a comic-opera farce': a new, secular, and frankly lunatic echo of medieval ultramontanism in Europe: a London-steered, frankly imperialist, and implicitly fascist, anti-American cult parading under such banners as 'Euro-socialism.'
  • Britain's Cooper Promotes Imperial EU
    by Mark Burdman
    One of the mortal threats facing the continent of Europe, is the fact that the leading British propagandist for 'liberal imperialism,' Robert Cooper, now occupies a strategically crucial position in the European Union structure.
  • Blair: 'Britain's Role' To Push Pre-Emptive War
    British Prime Minister Tony Blair lectured Europe and the United Nations about the need for pre-emptive (or, 'preventive') war and imperial reach, in a speech in his own constituency in Sedgefield, England on March 5. The address hearkened back to Blair's 1999 speech in Chicago...
  • Americans Must Ask Themselves: 'Is The Present European Union Doomed?'
    by Lyndon H. LaRouche, Jr.
    This statement, dated June 17, 2004, was released by the LaRouche in 2004 Presidential campaign committee.
    It is often the revealed character of an habituated underling, as Shakespeare's Cassius describes both Brutus and himself, that he or she tends to blame all of his or her problems entirely on other people, such as foreigners, and by acting in that way, often brings doom upon himself.
  • Russia Is Wary of Liberal Imperialism
    by Rachel Douglas
    During a press conference in Sea Island, Georgia, at the conclusion of the Group of Eight summit on June 11, Russian President Vladimir Putin startled his listeners with what appeared to be a defense of U.S. President George W. Bush, in connection with Iraq....
  • What Is Europe?
    by Helga Zepp-LaRouche
    Helga Zepp-LaRouche, Chairwoman of Germany's BüSo party (Bürgerrechtsbewegung Solidarität—Civil Rights Movement-Solidarity), issued the following statement in the aftermath of the June 10-13 European Parliament elections. Mrs. Zepp-LaRouche led the candidates' slate of her party.

Economics:

Empire Strikes Back: Spanish Banks Recolonize Ibero-America
by Dennis Small
Over the period from 1997-2003, and into 2004 to date, a radical transformation of the Ibero-American banking sector has been wrought, a re-drawing of the financial map which has strategic economic implications on a global scale for the disintegrating monetary system, and crucial political ramifications involving the synarchist deployment of 'left' and 'right' terrorism throughout the Americas.

Record Derivatives Growth Ups System Risk
by Richard Freeman and John Hoefle
The Office of Comptroller of the Currency (OCC) of the U.S. Treasury Department disclosed in a report June 18 that U.S. commercial banks' derivatives holdings outstanding had leapt to $76.5 trillion by the end of first-quarter 2004, a level 24%greater than that of the first quarter of 2003. Never has the American banking system been so vulnerable to a systemic meltdown triggered by a chain-reaction derivatives failure.


International:

Hersh Exposé: Israel Out To Blow Up Southwest Asia
by Jeffrey Steinberg
If New Yorker magazine writer Seymour Hersh has it right— and an impressive number of Washington and Tel Aviv sources interviewed by EIR say he does—then Israeli Prime Minister Ariel Sharon and the top Israeli Defense Forces (IDF) generals have embarked on a wild provocation, which could very shortly result in a total explosion of warfare and chaos in Southwest Asia.

The Tragic Modern History of the Kurds
by Hussein Askary
'If you are not a flower, don't be a thorn.'
—Kurdish proverb
Having lived most of my life among Kurds, I can say that they are a people with a great sense of humor and self-irony. Therefore, they survive tragic developments. However, their political leaders have a self-conception of being 'underlings' of major powers involved in a 'grand strategy,' not national leaders representing legitimate aspirations of their people.

Germany's SPD Becoming A Failed Party?
by Rainer Apel
The June 13 elections for European Parliament left Germany's governing—for now—Social Democrats (SPD) in a state of shock and paralysis, with only 21.5% of the vote, the SPD's worst result in any kind of nationally-held election, since the founding of the German Federal Republic in 1949. The boycott of those elections by discontented constituencies, the low 45% voter turnout on June 13, meant that less than 10% of the electorate voted Social Democratic.

Iran Fights For Right To Nuclear Technology
by Muriel Mirak-Weissbach
The years-long battle being waged by the Islamic Republic of Iran, for the right to develop nuclear energy for peaceful purposes, came to a head in mid-June, during a meeting of the board of the International Atomic Energy Agency (IAEA) in Vienna. What was at stake, was not only Iran's nuclear program, but, by extension, the right of all nations in the developing sector to have access to such technologies.


National:

Bush and Hitler: What The 'Torture Memos' Reveal
by Edward Spannaus
In the Spring of 1941, as Nazi Germany was preparing to invade the Soviet Union, Adolf Hitler issued an infamous edict which has become known as the 'Commissar Order,' to govern the conduct of German armed forces on the Eastern Front. This order provides a largely-unnoticed precedent for the 'legal' rationalizations found in a number of hitherto secret Bush Administration legal memoranda, which have recently come to light.

9/11 Commission Findings Affirm Key LaRouche Assessments
by Jeffrey Steinberg
...As part of this 12th public hearing, the Commission released three additional staff reports, dealing with the history of al-Qaeda; the details of the 9/11 plot, largely as told by two plotters in U.S. custody, Khalid Sheikh Mohammed and Ramzi Binalshibh; and the U.S. government responses—including the role of Vice President Dick Cheney —as the hijackings and attacks were playing out on Sept. 11, 2001.

Desperate Neo-Cons Launch Third 'Committee on the Present Danger'
by Michele Steinberg
It could have been called 'The Committee To Blow Up the World.' On June 16, for the third time since World War II, the proponents of preventive war launched a massive propaganda campaign using the moniker 'The Committee on the Present Danger.'

Top GOP and Dems Agree, Time To Dump Cheney
by Jeffrey Steinberg
OnJune 21, James P. Gannon, editor of the Des Moines Register and a leading Midwest mainstream Republican fundraiser and activist, penned an open letter to Vice President Dick Cheney, published in USA Today and many other newspapers around the country, which sent shockwaves through Republican Party circles

EIR's Record in Exposing Dick Cheney's Halliburton
Here is a list of some of EIR's articles exposing Dick Cheney's Halliburton as one of the top looters during the Iraq War.

It's Not Possible to Implement President Bush's Moon/Mars Program
by Marsha Freeman
When President Bush announced on Jan. 14 his new initiative to return Americans to the Moon and then go on to Mars, it was hailed by many as the first time since President John F. Kennedy's 1960s Apollo program that the nation had a definite space exploration goal. But taking a close look at the way the President was approaching accomplishing the goal, revealed that without serious changes, it would be doomed to fail.

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Lyndon H. LaRouche, Jr.
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