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they create money as well as credit since these deposits are part of the money <br />supply." <br />1.7 In only more stark affirmation of the comments from the prior publication, we <br />aze further enlightened by this clarification, this simplification of that for which none <br />were needed, which says that the loans of credit are tantamount to a $10 bill, that <br />"creating money, affects interest rates because these deposits are part of savings, the <br />source of the supply of credit" and that "they create money [and] these deposits aze part <br />of the money supply." Another publication from the Federal Reserve Corporation says in <br />pertinent part: <br />Two Faces of Debt: Page 19, Paragraphs 3-5: <br />"Bttt a depositor's balance also rises when the depository institution <br />extends credit-either by granting a loan to or buying securities from the depositor. <br />In exchange for the note or security, the lending or investing institution credits the <br />depositor's account or gives a check that can be deposited at yet another <br />depository institution. In this case, no one else loses a deposit. The total of <br />currency and checkable deposits-the money supply-is increased. New money has <br />been brought into existence by expansion of depository institution credit. Such <br />newly created funds are in addition to Funds that all financial institutions ~yrovide <br />in their operations as intermediaries between savers and users of savings." <br />1.8 No leap in logic is found in concluding that, by demanding Bank Notes <br />instead of gold and silver as a lawful debt, the Court will be involving the Defendant in a <br />scheme to create U.S. dollars out of thin air using an artifice of individual and original <br />design, one which is patently un-Constitutional. <br />U.S. Constitution, Article I, § 8. The Congress shall have power to ...coin <br />money, regulate the value thereof, and of foreign coin, and fix the standazd of <br />weights and measures; <br />To provide for the puuislunent of counterfeiting the securities and current <br />Coin of the United States .. . <br />l.9 While the Founding Fathers provided that Congress shall have authority over <br />the creation of money, and the regulation of the value thereof, and that states must accept <br />only gold and silver as payment or a lawful debt, the Court has seen tit to employ a <br />device calculated to indulge those who create money of individual right, an activity <br />' Contact: Federal Reserve Bank of Chicago, Public Information Cenler, P.O. Box 334, Chicago, IL 6069U- <br />0834,phone'~312-322-5111. <br />5 <br />