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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 retu rn 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 Amer ican 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.

   A ll 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.
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