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This is the Dr. Beter AUDIO LETTER(R), 1629 K St. NW, Washington,
DC 20006.

Hello, my friends, this is Dr. Beter. Today is February 28,
1981, and this is my AUDIO LETTER(R) No. 62. Last month I
mentioned that I plan to record my AUDIO LETTER on a slightly
more flexible schedule. In preparing the first topic of my
report to you this month, I have taken advantage of this
increased flexibility.

For several months now I've been compiling information about a
major new story, and just within the past few days I've been able
to confirm some key final details about it. So thanks to waiting
a few extra days, I'm now able to give you a much more complete
report about it. The story, my friends, is that of the space
shuttle COLUMBIA now being prepared for launch at Cape Canaveral.
This month I am also able to report some encouraging progress
with certain Directors of the Regional Federal Reserve Banks. It
is only a beginning but, my friends, I am convinced we are going
to win.

My three special topics for this AUDIO LETTER are:

Topic #1--THE SECRET MILITARY MISSION OF THE SPACE SHUTTLE
COLUMBIA
Topic #2--THE NEW FERMENT OF GROWING WAR TENSIONS
Topic #3--GOLD SWINDLES BY THE MODERN DAY MONEYCHANGERS

Topic #1--One day just over three months ago America's Manned
Space Program suddenly started showing signs of life. The day
was November 24, 1980, and that was the day when the space
shuttle Columbia was rolled out into public at the Kennedy Space
Center in Florida. It was the first public appearance by the
shuttle in almost two years. The shuttle arrived at Cape
Canaveral two years ago next month, March 1979. From then until
last November 1980 the shuttle Columbia remained in hiding in a
metal cocoon called the "Orbiter Processing Facility", but on
November 24 suddenly the cocoon opened up and out rolled the
space shuttle.

The space shuttle Columbia made only a short trip that day.
It was towed about 300 yards to the nearby Vehicle Assembly
Building, where it disappeared once again, but we were told that
this was only the beginning of a much longer journey. For the
first time in nearly six years the United States was committing
itself in public to a manned mission into space. The roll-out of
the Columbia on November 24 took many people by surprise.

America's Space Shuttle Program is a full three years behind
schedule. Ever since late 1977 we've heard about nothing but
problems, delays, and more problems with the space shuttle. Last
November 19, 1980, a former director of the Apollo Moon Program
seemed to summarize it all in disgust. Dr. George Low said in a
speech in Chicago, quote:

"Today I wonder whether we could start another Apollo, much
less accomplish it."

But only five days after Dr. Low said those words, the surprise
roll-out of the shuttle Columbia took place. For three years the
Space Shuttle Program was seemingly placed on hold, yet now the
countdown is under way, and there is an air of urgency about it.
Corners are being cut, safety precautions are being shortchanged,
unheard of risks are being taken; and when reporters ask why
these things are being done, they receive only double talk
instead of answers.

The space shuttle is the most complex American spacecraft ever
built. There are more things to go wrong than ever before, and
the entire future of America's Manned Space Program depends on
the shuttle. In fact, within a few years we are told that the
shuttle will be launching practically all American satellites.

As far as space is concerned, America has put all of its eggs
in one basket--the Space Shuttle. With so much at stake, my
friends, the old NASA would have proceeded step by step with
great care. In the old days each problem had to be solved before
moving on to the next phase of a space program; and as a final
test, every new American manned spacecraft made its first trip or
two into space without astronauts aboard. That was simply to
make sure that there would be no unexpected problems before
having astronauts risk their lives. But, my friends, that was
the old NASA. Those who are calling the shots in America's Space
Program today are a different breed. Our Space Program has
become just one more tool of the Bolsheviks here, and they are
interested in only one thing--getting ready for thermonuclear
war--and so a wartime rush mentality is dominating the shuttle
launch preparations right now at Cape Canaveral. This is to be
the shuttle's very first trip into space--and yet it will be a
manned mission! We're told that the shuttle is designed to make
at least 100 trips into space and back, and yet NASA says it
cannot spare one or two preliminary shuttle launches in order to
check it out. NASA refuses even to consider beginning with a
manned suborbital launch like the early manned Mercury shots in
1961. Instead, the very first launch of the shuttle Columbia is
to take it all the way into orbit.

My friends, this plan is filled with glaring examples of
haste. There seems to be no regard for the safety of the
astronauts who will fly it. For example, consider the radically
new rocket engines of the space shuttle. There are three main
engines called SSMEs by NASA. These engines have never flown
into space before; in fact, they had never even been fired
altogether until just eight days ago. On that day, February 20,
the three engines were fired for only 20 seconds on the pad at
Cape Canaveral. NASA did not run the risk of running them longer
even though these engines are supposed to be reusable launch
after launch. Instead, based on a mere twenty-second test, NASA
will have two astronauts risk their lives on the engines; and in
the actual launch into space, the engines will not run for just
20 seconds--they must operate for nine minutes! NASA is now
gambling that the three fresh engines on Columbia will last long
enough to get into orbit. But the shuttle engines are only one
example of NASA's unexplained haste because if Columbia does
reach orbit, the next question is: Can it return? My friends,
the answer is: NASA does not know.

By now you have probably heard or read about the radically new
Thermal Protection System of the space shuttle. All of our
previous spacecraft had heat shields which carried away heat by
burning away during re-entry; therefore they could only be used
once. But the shuttle is supposed to be re-usable over and over,
so it requires a different kind of heat shield. It is a
lightweight ceramic, broken up into more than 30,000 small pieces
called "tiles."

For at least two years now we have been hearing stories about
problems with the tiles. It began when the shuttle Columbia
arrived at Cape Canaveral in March 1979 on the back of a jumbo
jet. Many tiles had been lost or damaged during the flight and
the Columbia looked like it had smallpox. Soon after that we
started hearing about tiles being tested, removed, replaced,
re-tested, and so on. Part of the controversy over the tiles is
real. There are legitimate arguments among many space engineers
whether the tiles will succeed or fail. Those questions will
finally be answered one way or another only when and if the
shuttle Columbia drops out of orbit to return to earth. But for
the Bolsheviks who now control America's Space Program, the
arguments over the tiles are only a tool.

The tile controversy made a perfect cover story to explain
away the 3-year grounding of the space shuttle. The real reason
is that America has been virtually locked out of military space
missions since late 1977. As recently as August 1977 it had
looked as if the United States would soon be eclipsing Russia
with new space exploits. That month the first free-flight tests
of the space shuttle took place. A shuttle was carried aloft
aboard a jumbo jet, then cut loose and guided to earth by
astronauts. The test went perfectly. The era of the space
shuttle was about to dawn, or so it seemed.

Meanwhile Russia's space program seemed completely silent, but
everything turned upside-down the following month, September
1977. Russia began deploying her secretly-developed Charged
Particle Beam weapon in space, and on September 27, 1977,
history's first true space battle took place, the BATTLE OF THE
HARVEST MOON. I reported it that month in AUDIO LETTER No. 26.
In a stunning upset, Russia smashed America's secret military
control of space.

Two days later, Russia's Manned Space Program suddenly came to
life. Russia launched the Salyut-6 Space Station on September
29, 1977; and from that day to this, there has been a steady
stream of Russian cosmonauts into space and back. Even
cosmonauts from seven (7) other countries have been whisked into
space by Russian rockets. There have even been cosmonauts in
orbit from Cuba and Vietnam. Meanwhile, American astronauts have
been able to do nothing but grind their teeth and watch.

The Bolsheviks here, my friends, have been waiting and
watching for a moment of weakness among their enemies--the secret
new rulers of Russia. The Bolsheviks want to regain their former
positions of power in Russia; but for years now, Russia's new
rulers have been expelling the Bolsheviks, who have flocked
mostly here to the United States. When I recorded AUDIO LETTER
No. 55 last June 1980, I reported that a moment of weakness was
developing in the Kremlin. Bolshevik forces had succeeded in
penetrating the Kremlin. They were wreaking havoc among Russia's
top leadership. At the same time, Russia's expulsion of
Bolsheviks slowed to a trickle. Immigration from Russia was at
its lowest level in years during the second half of 1980. So the
decision was made last July to go ahead with a space shuttle
mission.

For the first time in three years there appeared to be a
chance of slipping through Russia's space blockade. Even so any
American attempt to launch a manned military mission into space
will be very risky. It dare not be attempted until a mission is
ready that is worth the risk. The Bolsheviks are now ready with
that mission. It is the secret pay load now in the cargo bay of
the space shuttle Columbia. It was developed in association with
the supersecret "National Reconnaissance Office" whose very
existence is regarded as secret in Government circles.

When Russia began her surprise space offensive in September
1977, she did so by destroying an American Spy Satellite on
September 20. A week later, America's secret Moon Base was put
out of action, which freed Russia's hands to pour into space. In
the months that followed, Russia gradually knocked out all of our
Spy and Early Warning satellites, one by one. When I recorded
AUDIO LETTER No. 33 seven months later, I reported that Russia
had finished the job. Since that time, April 1978, America has
had no Spy satellites on continuous duty over Russia. Several
spy satellites have been launched since then but each one has
been knocked out quickly. Not one has lasted for as long as one
week! But these brief spy satellite missions have alerted the
Bolsheviks here to one thing--that is, there are major changes
taking place among the potential wartime targets in Russia. Some
known targets from the past are becoming less important, while
other new targets have been detected.

Last June in AUDIO LETTER No. 55 I outlined the secret plan
for an American nuclear first strike against Russia. That plan
relies on missiles, including America's secret mobile missile,
the Minuteman TX, and it cannot succeed without up-to-date
information on the targets in Russia.

As I will outline in Topic #2, the Bolsheviks here are once
again doing all they can to get set for nuclear war, so they are
desperate for new, up-to-date reconnaissance data from Russia.
In other words, they must have an operational spy satellite which
can survive in orbit for a while, and the Bolsheviks here now
believe they have developed that kind of satellite. Eventually
they know that Russia's orbital fleet of manned Cosmos
Interceptors will succeed in destroying it; but before they can
do so, military planners here believe the satellite will be able
to radio back enough information to work with. And so, my
friends, the first flight of America's space shuttle, the
Columbia, is to be a secret military mission. It's purpose is to
prepare for war. That is why there is such a frantic effort to
rush to launch with unproven hardware, and that is why the very
first mission will be manned, instead of an unmanned test shot.
It has to be manned because of the secret cargo it is carrying in
its huge cargo bay.

When the shuttle reaches orbit, if it reaches orbit,
astronauts will be required to deploy the military satellite
inside. The satellite is basically a spy satellite, but it is
also much more. In order to do its job, it is designed to fend
off Russian space weapons for as long as possible. As a result,
it will be nothing less than a robot battle station in space. In
space terminology, it is a "hardened satellite" able to withstand
an attack without being easily destroyed. It is also equipped
with active defenses, meaning it can shoot back.

Right now the components of the satellite are crammed into the
cargo bay of the shuttle Columbia. They were already there when
the Columbia was rolled out last November. Once in orbit, the
job of the astronauts, John Young and Robert Crippen, will be to
assemble it and get it operating, and fast.

Once it is assembled and floating in space, the satellite will
look like a giant rotating tin can perhaps 30 feet long and 20
feet in diameter; but on closer inspection it would seem to be
made more like a wooden barrel except that the barrel staves are
all made of a whitish metal, tungsten. Several of these metal
sections can be retracted on automatic command, making the
satellite look like a shiny barrel with a few staves missing.
Inside the outermost tungsten barrel is another smaller barrel;
and inside that is a still smaller barrel. Finally, at the very
center is the heart of the satellite itself. The tungsten
barrels are separated from one another by a foot or more of
space. There is also considerable space between the innermost
barrel and the core satellite. The tungsten barrels constitute
the passive defense of the satellite. If a Charged Particle Beam
blast strikes the outermost barrel, it will vaporize a spot on
the barrel; but in the process it will absorb energy and diffuse
the beam. In theory, that will greatly reduce the damage done to
the second barrel and do no damage at all to the innermost
barrel. Tungsten has the highest melting point of any metal, so
this system of particle beam shields is expected to last through
a number of battles.

The three-layer tungsten shield system is also instrumented.
When a blast strikes it, the blast pattern will be sensed as an
initial indication of where the attack is coming from. A
computer in the core satellite will then activate a secret new
target acquisition system called LADAR, meaning laser direction
and ranging. The movable barrel stave sections of the rotating
tungsten shields will be opened up. LADAR will peek out through
the openings as they rotate past in ultra-fast scanning.

In the black void of space, LADAR is expected to be much more
efficient than radar, picking up the Russian attacker quickly;
and the moment it does, the American robot battle station will
open fire. When it does so, it will pose a major threat even to
a Russian Cosmos Interceptor because, my friends, the American
satellite will be armed with a giant carbon dioxide gas dynamic
laser. It is a more compact version of the laser which has been
successfully tested aboard a modified KC-135 jet tanker. It
produces intense infrared radiation with a power of over one
megawatt--that is 1,000,000 watts. What can a one megawatt laser
do? Let me give you an idea. An industrial 10,000-watt laser
can slice through a one-inch thick steel plate in a matter of
seconds. The satellite laser is 100 times that powerful. It is
not as powerful as a Russian Charged Particle Beam, but it is
powerful enough to cripple or destroy a Russian attacker--that
is, my friends, if the space shuttle Columbia makes it into orbit
and if Young and Crippen succeed in deploying the satellite. But
will they?

In the past I have given many details about the clever
deceptions which have surrounded our Space Program. But, my
friends, the deceptions of the past were child's play compared to
what we are about to witness, because the Bolsheviks here must
get their robot battle station into orbit without letting you
know about it; and whether they succeed or fail, they must try to
maintain the appearance of success. As I mentioned earlier,
everything is riding on the space shuttle, so I will now describe
the plan for the coming flight of the Columbia. I will describe
what you will see if the plan works, and I will also describe
what will really be taking place, which is far different.

According to the latest schedule, the Columbia is intended to
lift off on a sunny morning in mid April 1981. Millions will
watch on television as Young and Crippen roar upward into the sky
and into orbit. Then the scene will shift to the standard
coverage of Young and Crippen in their cockpit, and for a little
over two days the coverage will continue off and on. There will
be cockpit scenes, scenes in Mission Control, and so on; and
there will be some seemingly unexpected problems, nothing serious
but just enough to add a touch of spice to it all. It will look
for all the world like the real thing. Television viewers will
have no suspicion that they are only watching excerpts from
numerous simulations of the flight. In its cover-up of the
SKYLAB fiasco, NASA learned well the techniques of deception.

Meanwhile there will be no television coverage at all of the
real flight except for the initial lift-off. Instead, when Young
and Crippen reach orbit, they will go to work fast. They will
depressurize the cabin, open the cargo hatch, and move the robot
spy satellite components away from the Columbia. They will also
remove a Gemini-type two-man space capsule from the Columbia
cargo bay. After moving these things several hundred yards away
from the Columbia, the two astronauts will close the cargo bay by
remote control. They will maneuver down underneath the Columbia
for a quick visual inspection of the condition of the thermal
tiles; but the urgency of setting up the robot satellite will
leave no time for any attempt to repair any tiles. If the
astronauts were to do that, they would lose precious time both in
setting up the satellite and in making good their own escape in
the Gemini capsule. This, my friends, is why NASA has refused to
include a tile repair kit on the first shuttle mission. As NASA
administrator Robert Frosch said in a recent news conference,
quote:

"I felt in the end that it would be likely to increase risk,
perhaps not risk with regard to the tile system but risk with
regard to the safety of the whole flight."

After the briefest of inspections, the astronauts will turn
over control of the Columbia to NASA Houston with the words:
"Okay for retrofire." Then they will float away from the
Columbia and set to work quickly on assembling the robot spy
satellite. It is expected that they will complete the job within
three to four orbits. As soon as the robot satellite is
assembled and operating, Young and Crippen will board their
Gemini-type space capsule. If all goes according to plan, they
will drop out of orbit and splash down in the Pacific Ocean. It
will only be the evening of the same day they took off, but on
television the falsified NASA coverage will still be showing
tapes of Young and Crippen in the simulated cockpit of the
Columbia. Young and Crippen are planned to be picked up at sea
after their secret splashdown. From there they are to be
transported to Edwards Air Force Base in California to await
further events.

Meanwhile about 12 hours after the launch from Cape Canaveral,
Houston will send a retrofire signal to the unmanned Columbia.
The shuttle's engines will fire. Somewhere over the Indian Ocean
the space shuttle will enter the atmosphere. It will be the
first complete test of the shuttle's thermal tiles. If they
work, Columbia will survive re-entry. Then at lower altitude,
piloting of the Columbia will be taken over by remote control.
If all goes well, the Columbia will touch down in the great sandy
desert of western Australia.

If all goes according to plan, all these things will take
place during the first day of the supposed 54-hour mission of
Young and Crippen. Then for the final act of the charade, we
will be told on television that the Columbia is re-entering over
the Pacific Ocean; and finally, lo and behold the space shuttle
will glide into view. Everyone will watch in fascination as the
shuttle dips lower and lower over Edwards Air Force Base,
California. Finally it will touch down on the dry lake bed and
gradually brake to a stop, and out will climb Young and Crippen.
Everyone will assume that they are climbing out of the Columbia;
but, my friends, they will actually be climbing out of a
different shuttle named the ENTERPRISE. It was the Enterprise
which we saw in those landing tests in August 1977, and it will
again be the Enterprise which we will see making another landing
soon. It will be retouched to look like it came from space, but
it will be a fraud.

My friends, that is the plan as it now stands, but there may
well be some big surprises. The Bolsheviks here have devised a
robot battle station to spy on Russia and defend itself against
Russian space weapons, but it is designed primarily with Cosmos
Interceptors in mind. And while American designers have been
devising ways to counter the Cosmos Interceptors, Russian
technology has also been advancing.

The secret military mission of the space shuttle Columbia is a
desperate gamble. If it succeeds, it will bring the world much
closer to thermonuclear war. If it fails, we may well be
witnessing America's final manned mission into Space.

Topic #2--In AUDIO LETTER(R) No. 59 last October I reported that
the Bolsheviks here were trying to set up a new strategy to bring
on NUCLEAR WAR ONE. They had been foiled repeatedly in their
attempts to trigger a war by means of our hostages in Iran, so
they were devising a new plan which was to be set in motion after
releasing the hostages. When voting machines registered a
surprise landslide in the name of Ronald Reagan last November, it
set a deadline for arranging a hostage release. That deadline
was Inauguration Day, January 20, last month. Otherwise the
Bolsheviks were in danger of losing control of the Iran crisis
which they themselves had created, and so at the very last minute
our hostages were released last month.

Contrary to the original plans of the Bolsheviks here and in
Iran, our hostages came home alive; but now new maneuvers are
under way to bring on war. Bolshevik agents are stirring up
Poland in never ending strikes and turmoil. Having failed in
their Pope's Revolution plan of two years ago, they're trying to
make Poland explode in a different way.

Meanwhile, to keep Russia's new rulers off balance, another
crisis has been created in our own hemisphere--El Salvador. CIA
operatives are stirring up both sides in the civil war there in
order to have something to blame on Cuba. As always, the
Russians are reacting strongly to the implied new American
threats against Cuba, so El Salvador is serving its purpose as a
tool to stoke up tensions between Russia and the United States.

The El Salvador crisis contains echoes of "Operation Guyana"
two years ago. Now, as then, Russia is being encouraged to worry
about Cuba as a diversionary tactic; and just as happened in
Guyana, human lives are being sacrificed purely to attract
attention.

Public attention was first riveted on Guyana by the Port
Kaituma Airport massacre, and not long ago public attention was
focused on El Salvador by the murder of four religious workers.
All this is to help catch Russia off guard later on when the
arena of conflict shifts once again to the Persian Gulf area.

Once again secret plans are being laid to create conflict
between Israel and Saudi Arabia. For that purpose the United
States has just announced that it will sell offensive armaments
for Saudi Arabia's F-15 Fighter Bombers, and at the same time
there are planted reports that the Saudis favor a jihad (a Moslem
holy war) to retake Jerusalem. Right now all of this is going on
quietly. It is not highlighted in our controlled major media.
But the preparations are under way now for a Persian Gulf
explosion later this year of 1981.

When that takes place, the plan is to focus all eyes once
again on Iran. At a critical moment the shaky Iranian government
will be brought down. Suddenly that will leave Russian forces on
the north and American forces on the south, with a vacuum in
between; and almost over night the stage will be set for a
nuclear confrontation.

As a preliminary step, the plan is also to declare a "National
Economic Emergency" here in the United States. That will trigger
the emergency powers of the President; and while we will be told
that it is all to fight inflation, it will actually be to prepare
for nuclear war!

My friends, if all this is to be stopped, we must go to the
source of the Satanic power. That power is MONEY POWER, wrongly
used. It is the power of the modern day moneychangers in our
land, so it is to them that I now direct your attention.

Topic #3--When our Lord Jesus Christ walked the earth nearly 2000
years ago, He did many miraculous things. He healed the sick, He
fed the hungry, He loved the unloved. In short, He went about
doing good. Most of the time our Lord astonished everyone with
His patience. When He taught He found that people did not pay
attention, and so He had to teach them the same lesson over and
over again, and yet He never once grew angry with anyone who was
seeking to learn. Even so, He also told His disciples, "Do you
think that I have come to bring peace? No, not peace, but a
sword." He explained that there must be a division between those
who are for God and those who are against God. And as gentle as
He was with the weak, He displayed a fiery anger with those who
were swollen up with arrogant power; and one time the anger of
our Lord Jesus Christ exploded into violence. That one occasion,
my friends, was when He confronted the moneychangers in the
temple.

The temple moneychangers possessed a money monopoly. Everyone
who came to worship presented offerings to the priests; and to
buy something to offer, they had to use a special temple money,
so called. The temple money was not really money at all. It was
only a kind of scrip with no intrinsic value. But everyone who
came to worship, from the richest to the poorest, had to turn in
good coins of gold, silver, and copper to buy the scrip. That
was the only way that they could buy a sheep, or a ram, or a dove
to offer to the priest. The moneychangers really performed no
useful function at all; but thanks to their money monopoly, they
extracted tremendous profits from everyone else. When Jesus saw
all this, He became enraged. The moneychangers were so corrupt
that they were standing in the way of worship itself in order to
make money, so Jesus wasted no time trying to reason with them.
Instead, He seized a whip and went after them. He drove away the
moneychangers, He knocked over their counting tables; and seizing
their bags of money obtained by a form of theft, He ripped them
open and spilled them out.

My friends, today it is you and I who are at the mercy of the
moneychangers. We, too, have been forced to give up real money
made of silver and gold. Instead, we are forced by the Federal
Reserve money monopoly to deal in Federal Reserve IOUs--nothing
but paper scrip! And in return, the arrogant moneychangers of
today, the Bolsheviks, are trying to take everything from us.
They are eating up our savings by creating inflation through
interest rates, which create no new wealth. They are using their
money power to betray us into nuclear war, and they are even
trying to destroy the Christian faith itself by constantly
working to pervert our religious practices. Like the
moneychangers of old, haters of our Lord Jesus Christ are once
again sitting in the temple.

Almost from the moment our Republic was founded, the
moneychangers started trying to seize control of America's money.
First the idea was called the "Bank of the United States." Such
a bank did exist for a while with a charter granted by Congress,
but on July 10, 1832, President Andrew Jackson put a stop to the
central bank idea for a while. Congress had passed the bill to
give a new 20-year charter to a "Bank of the United States."
Jackson vetoed the bill with the words:

"Every monopoly and all exclusive privileges are granted at the
expense of the public, which ought to receive a fair equivalent."

In other words, Jackson was insisting that the public be treated
fairly.

But, my friends, the moneychangers never give up. In 1913
they finally got what they wanted. It is called the FEDERAL
RESERVE SYSTEM. Nowadays few people know the story of how the
Federal Reserve System came into existence. Suffice it to say
that it took only a few of the international bankers to do it,
without great fanfare. One man more than any other was the
father of the Federal Reserve in its present form. As the
proceedings of the Academy of Political Science of Columbia
University put it, quote:

"The Federal Reserve Act will be associated in history with the
name of Paul M. Warburg."

In order for Warburg and his associates to quietly get this
legislation past Congress, he had to overcome one objection.
That major objection was to the creation of only one central
bank, which would obviously be a monopoly. Warburg got around
that by conceiving the 12-bank Federal Reserve System; but when a
Senator asked him how he would maintain control of 12 banks
instead of the single bank he favored, Warburg answered, quote:

"It is a little bit complicated, which objection, however, can
be overcome in an administrative way."

In other words, my friends, he could short-circuit the 12-bank
system and do what he wanted a central bank to do by
administrative techniques. And that is what has been done in the
situation over our missing gold.

The real central bank is the Federal Reserve Bank of New York,
and the administrative arm of that central bank is actually the
"Board of Governors" here in Washington. The New York Bank, the
Board of Governors, and agents within the United States Treasury
Department all work hand in glove. It is they who constitute the
modern day moneychangers in our land.

In all of this, the other 11 Regional Federal Reserve Banks
just go along for the ride. They do possess latent powers of
their own, but thanks to Warburg's "administrative techniques"
they're always indoctrinated not to exercise those powers.
Instead, the 11 Regional Banks outside New York are treated like
children by the moneychangers in New York and Washington. They
are given big buildings, fancy offices, impressive stationery,
fat salaries, numerous advisors, and impressive titles; but they
are always told in effect, "Leave all the thinking to us big
boys." Year in and year out the Regional Federal Reserve Banks,
all except New York, are kept in the dark, so last month in AUDIO
LETTER No. 61 I tried to light a candle in that darkness.

All of the Federal Reserve Banks share in the responsibility
for safeguarding our gold. The Presidents and Directors of all
the Banks are now on legal notice concerning those
responsibilities, so from now on they will have no excuse.
Either they are for us OR they are against us--they must make a
choice. They do hold power, and those who hold power must be
held accountable with the consequences of its exercise.

The question we have posed is very simple and very basic:
EITHER AMERICA'S GOLD IS THERE or IT IS NOT THERE. We want an
indisputable physical inventory to find out once and for all, so
we have appealed to the Regional Federal Reserve Banks to wake
up, to flex their muscles for once, and to bring about an
inventory.

My friends, I want to thank all of you who followed through on
what I asked you to do last month, and I want to let you know the
results so far.

Up to now the Federal Reserve System is continuing to maintain
its false outer appearance of unruffled unity; but behind that
facade, little cracks are beginning to open up. It's true, many
of the Regional Bank Directors have so far been unable to open
their minds to the truth, but there are some important
exceptions. One high official of one Regional Federal Reserve
Bank is being very cooperative up to now. Very quietly he is
providing us with important information. He has not yet gone so
far as to demand an inventory, but he is responding with an open
mind. At one other Regional Bank a high official has signaled to
us that he is seriously concerned, but up to now he is still
sitting on the fence. Beyond that, I have also received reliable
reports that scattered around the country a number of Regional
Federal Reserve Directors are troubled. Until last month they
had never been given one hint of their own legal responsibilities
regarding the gold.

My friends, all this is at least an encouraging start, but it
is clear that they are going to take more convincing. We should
not be surprised at that nor discouraged by it. Many of these
men have been associated with the Federal Reserve System for many
years. Human nature being what it is, they naturally find it
hard to accept the fact that the wool has been pulled over their
eyes. Typically, these are highly educated men, they are not
stupid. They will have to swallow their pride in many cases if
they are to see how thoroughly they have been fooled and used.

Over the past six or seven years I've made public many facts
which these men should consider for their own good, but rather
than go back over any of those again, I want to report three new
ones. The discrepancies surrounding our gold supplies just go on
and on, my friends.

First, let me refer to the Treasury Inspector General's report
to Senator William Proxmire dated last September 30, 1980. This
so-called report came about because of your letters to Senator
Proxmire. The subject was the missing gold shipment from Fort
Knox of January 20, 1965, which I have discussed in past AUDIO
LETTERS. The shipment amounted to over one and three-quarter
MILLION ounces of gold worth around a billion dollars at today's
prices, yet it was omitted from official Treasury shipment
listings.

Recently this feeble excuse for a report has been cited by the
Federal Reserve Board of Governors. For example on February 2,
1981, Theodore E. Allison, secretary of the Board of Governors,
wrote to the president of the Philadelphia Bank, Mr. Edward G.
Boehne. Boehne had written to the Board of Governors in response
to your inquiries; and with their letter of reply, the Board
enclosed the Treasury Inspector General's report! My friends, I
have mentioned before that this report is totally unsatisfactory.
It is a fraud and a farce, yet now the moneychangers of the Board
of Governors are falling back on that report as one way to calm
down the Regional Banks. So I think it is appropriate to give
you just one example of the glaring errors sprinkled throughout
the report. I also want to do this because some of you have
asked me to say more about it.

If you have a copy of the Treasury Inspector General's report,
please look on page 2. The third paragraph refers to the missing
shipment of January 20, 1965. It says very impressively, quote:

"This shipment was receipted for on Treasury Department Form
TUS-12b--Receipt for Forwarding Depository, Voucher No. 65-1--on
January 22, 1965, by John P. Bath, an employee of the New York
Assay Office."

Sounds cut and dried, doesn't it? Sorry, my friends, it so
happens that the New York Assay Office had no permanent employee
named John P. Bath on January 22, 1965; so if the Receipt quoted
by the Treasury Inspector General exists at all, it means
absolutely nothing. It is fraudulent! That is the kind of
report which Senator William Proxmire was so eager and happy to
settle for, and that is the kind of report which the Federal
Reserve Board of Governors now uses to soothe the Regional Banks.
If the Regional Federal Reserve Banks want to swallow that, then
shame on them.

Now let me give you a second example--another major
discrepancy in the records of the Treasury Department and the
Federal Reserve Board of Governors. I have spoken before about
the so-called "London Gold Pool" which operated between 1961 and
1968. This is the official cloak of authority which was used
during that period to explain the hemorrhage of gold out of Fort
Knox. According to official Treasury records, some 219.5 MILLION
ounces of gold left Fort Knox. Of that amount, supposedly a
little over 9-million ounces went to the New York Federal Reserve
Bank. The other 210-million ounces were supposedly destined for
the London Gold Pool. But now let me give you the conflicting
statements of former Treasury Secretary William Simon. On May 4,
1976, he wrote to then Congressman John Conlan of Arizona.
Conlan had requested some better answers from Simon than he had
given previously to questions about our missing gold. Simon
spent over two months constructing a reply to Conlan's February
26, 1976 letter. Simon sent Conlan a two-page letter plus an
eight-page memorandum trying to refute the charges. At one point
in the memorandum Simon says, quote:

"The statement which alleges that the shipments of gold to
London for the London Gold Pool arrangement were used as a cover
for secret losses of United States gold simply isn't true."

And yet, just four sentences later, Simon says, quote:

"When the arrangement was terminated by the Washington
agreement of March 1968, the United States had made net sales to
the Pool during its period of operation totaling 45.2-million
ounces."

Now let's compare two numbers side by side, my friends. First is
Simon's number. As Secretary of the Treasury he said that the
United States sent only about 45-million ounces of gold net to
the London Gold Pool, but Treasury records give a different
number. At least 210-million ounces disappeared from Fort Knox
alone during that period. If only 45-million ounces went to the
Gold Pool, as Simon said in writing, what happened to all the
rest? Two hundred ten million (210-million) minus 45-million
leaves 165-million ounces of gold from Fort Knox unaccounted for!
Yet, I repeat, the only excuse ever given for the Fort Knox gold
hemorrhage was the London Gold Pool. My friends, that
unaccounted-for gold is Federal Reserve gold belonging to the
American people. As I detailed last month, the Federal Reserve
title to the gold is beyond legal dispute. Every Officer and
every Director of every Regional Federal Reserve Bank shares a
legal responsibility if that gold is missing, and if they do not
investigate. The incredible discrepancy I have just revealed is
in black and white in Treasury statements. Do the Regional Banks
dare to close their eyes to it? If so, God help us all.

Now let me report just one more mystery to you about our gold.
This one did not take place years ago, but just this
month--February 1981. Last month our hostages were finally
released from Iran. Most of the last-minute settlements involved
banking matters. Most of all, Iran demanded that 1.6-million
ounces of gold be returned. According to all the news reports,
the return of Iran's gold was arranged by cable transactions
between the Federal Reserve System and the Bank of England.
Supposedly, Iran's 1.6-million ounces of gold was safe and sound
at the New York Federal Reserve Bank. By a system of banking
credits, this amount of gold was reportedly credited to Britain's
gold stock here in America, then the Bank of England turned over
an equivalent amount of gold into Iran's custody in London. We
were told that no gold actually left America in this transaction.
But, my friends, that is a lie. Simply put, Britain's bankers do
not trust us. The Bank of England secretly demanded that Iran's
1.6-million ounces of good delivery gold be physically sent to
London; and so on February 7, just three weeks ago, there was a
secret gold shipment to London by air. It came to about
1.6-million ounces, but it did not come from the New York Federal
Reserve Bank! It was not Iran's gold. Instead, the shipment was
made from the New York Assay Office. Dregs of junk gold from
Fort Knox were scraped together, then it was rushed to London in
secret.

My friends, this raises a very serious question. If Iran's
gold still existed at the New York Bank, why was that not sent to
London? Why was the New York Assay Office given a panic refining
job to scrape together the gold? In any case, the gold that went
to London was not Iranian gold--it was Federal Reserve gold, part
of the small amount still left in this country. It was taken
from the dregs of junk gold removed from Fort Knox for auctions
in the recent past. As I reported more than five years ago in
AUDIO LETTER No. 5, any gold left in Fort Knox is radioactive.
It has been contaminated by plutonium super poison stored in the
Gold Vault by the CIA in the late 60's. Recently a leading Swiss
bank refused to take delivery of Fort Knox gold purchased at a
gold auction. Their tests proved that the gold was indeed
radioactive; so the Bank of England should test the gold which
they just received very carefully.

The secret gold shipment of February 7 further depleted what
little is left of the Federal Reserve gold. It took place with
the knowledge and collusion of the Federal Reserve Board of
Governors and the New York Bank; but once again, the other 11
Regional Banks have been taken for a ride. It may well be that
they do not even know about this latest disappearance of their
gold. If not, they have once again been used by the
moneychangers who control them.

My friends, there are mountains of evidence that our gold
reserves are not as claimed, but will the Regional Federal
Reserve Bankers wake up in time? Will they take action to save
both themselves and our country? If they do not act, what lies
ahead may well be foreshadowed in these words written to a
commercial banker by one of my listeners: "More and more of my
friends and people I know are withdrawing all their funds held in
banks, then dealing in cash, silver, gold, and barter systems for
their transactions. Banks and bankers, through not serving the
true interests of the people, are losing any useful place in
society."

LAST MINUTE SUMMARY

Now it is time for my "Last Minute Summary."

As I say these words, the space shuttle COLUMBIA is being
readied for a desperate secret military mission. Once again
powerful forces here in the United States are bent on war,
NUCLEAR WAR. Our own money has been taken away from us in order
to finance preparations for warfare that will destroy us.

The evil which is being planned for us all has one root. That
root is a Satanic and perverted MONEY POWER. If we are serious
about saving our land, we must pull up that root. We must do as
our Lord Jesus Christ Himself did long ago. We must drive out
the moneychangers, and restore honor and honesty to our land.

Until next month, God willing, this is Dr. Beter. Thank you,
and may God bless each and every one of you.