The John Adams Society

Gregory F.E.C Wersal

Melvin R. Welch

G. Larry Colson, Jr.
Chief Whip

Josh Regnier

October 2011

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.

- President James Madison

THE EVER-FLUXING SEA of fiat currency has left us adrift in the shipwrecked detritus of its economy. Poor policy bearings by the Executive have capsized the engine of economic growth. The U.S. Free Market lists and threatens submergence under the pounding waves of regulatory swells and taxing winds. The embattled crew threatens mutiny because their provisions are given to Federal Reserve and Wall Street pirates.

The Barrelman atop the Crow’s Nest cries "Land Ho!" Gold, solid footing upon which to rest the beleaguered vessel; it lies beyond the sea of inflation, bordered by the Charybdis and Scylla whose million mouths drown even the most compassionate populist. That precious metal whose value has, from time immemorial, persisted and responded positively against economic uncertainty, providing surety against poor captaincy.

ON THE OTHER HAND, gold is simply a commodity whose history lends an air of authority yet bears the same complexion of fraud. Gold prices have been manipulated, it did not protect against the Great Depression, and even the most solid of economies was known to dilute its gold content at times. A fiat currency, while still subject to market fluctuations, better facilitates trade – the ultimate purpose of gold or dollar.

THE CHAIRMAN, whose candidacy for Captain of the yacht club rests on the allurement of that flaxen foil to the electorate, has called a debate to settle the question:


The Debate will be held on Wednesday, Octoberr `9, 2011 at the University Club, 420 Summit Avenue, in Saint Paul. The Chancellor will preside over drinks beginning at seven o'clock p.m. The debate will begin at half past seven. While there is no dress code for attendance, gentlemen who wish to speak must wear a tie; ladies should adhere to a similar sartorial standard. For those gentlemen who arrive tieless yet wish to speak, fret not: the Purveyor of Ties will keep on hand at least one of his quite remarkable ties for just such an eventuality. Questions about debate caucus procedures or about the John Adams Society itself may be directed to the Chairman at (612) 701-9623 or the Secretary at (612) 220-7586.