Old Bullion vs. The Bank of United States

The Occupy Eugene Community should be trying to make history. Folks who make history and author history, rely on the history that went before them. The Occupy Eugene Leaders have sidelined my historic fight with Banks and Lenders because they feel the mainstream has nothing to offer them. They have created a Reservation in Alton Baker Park – which is just fine for the powers that be! As long as the restless native stay on the reservation, then the Great White Father will not have to punish the children.

I wrote and posted the following in 2008. History is o my side. My fight against Bankers spans many years.


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Old Bullion vs. The Bank of United States

(Images: First Bank of United States. Thomas Hart Benton. Garth,
Christine, and Drew Benton. Major Thomas Hart Benton Grand Master of
Iowa Freemasons, and savior of Albert Pike’s library. Jesse Betnon by
Christine Rosamond)

Representative DeFazio introducing his No BAILOUTS Act, which would
Address the current financial crisis without putting the American
taxpayer on the hook for billions of dollars.

“This is a sad day for America. I believe this is one of the greatest
financial mistakes in the history of this country,” DeFazio
said. “This bill leaves the U.S. taxpayers on the hook for $700
billion to bailout Wall Street speculators, but does nothing to
address the sagging underpinnings of our economy like the increasing
unemployment rate, the housing and foreclosure crisis, or the huge
backlog of investment in critical infrastructure. I fear that we will
be back here sooner than anyone expects to deal with the next
financial crisis because Congress failed to address the regulatory
issues that lead to this crisis along with the underlying problems in
the economy.”

Senator Thomas Hart Benton fought against the Bank of the United
States. Like the Bank of Lakota he believed in bullion deposits.

My niece, Drew Benton descends from Old Bullion who was the
administrator of the Oregon Territory and sent his daughter and son-
in-law to Oregon to explore, map, and claim this future State. Jesse
Benton wrote John Fremont’s journals that describe the Emerald Valley
where I reside. Drew’s father, Garth Benton, is the cousin of the
artist, Thomas Hart Benton. The Bentons were Freemasons as was
President Andrew Jackson and Martin Van Buren. Both these Presidents
opposed the Bank of the United States, and when Jackson was censored
by the Senate, Old Bullion wrote this famous speech:

I will be sending this information to Peter Defazio whom I have
corresponded with in regards to my late sister’s artistic legacy and
the No.1 creditor in the Probate, Lawrence Chazen, who was accused by
Andrew Cuomo of HUD of being a Loan Shark.

There needs to be a Bill that creates ways to bankroll the Bohemian
Culture of America as a National Treasure and Asset that is in dire
peril due to mismanagement of Bankers.

The artistic Benton and Rosamond/Presco families fought in the War of
American Independence. Thomas Betnon wrote Martin Van Buren’s
biography wherein he demonizes the Bank of the United States in a
very prophetic manner!


John Presco

President: Royal Rosamond Press Co.



Benton was instrumental in the sole administration of the Oregon
Territory. Since the Anglo-American Convention of 1818, Oregon had
been jointly occupied by both the United States and United Kingdom.
Benton pushed for a settlement on Oregon and the Canadian border
favorable to the United States. The current border at the 49th
parallel set by the Oregon Treaty in 1846 was his choice; he was
opposed to the extremism of the “Fifty-four forty or fight” movement
during the Oregon boundary dispute.

After the presidential election of 1824, in which candidate Andrew
Jackson received a plurality but not a majority of votes and lost to
John Quincy Adams in the House of Representatives, Benton and Jackson
put their personal differences behind them and joined forces. Benton
became the senatorial leader for the Democratic-Republican Party, and
as such argued vigorously against the Bank of the United States. When
Jackson was censured by the Senate in 1834 for canceling the Bank’s
charter, Benton led an “expungement campaign” to remove the motion
from the official record.

Benton was an unflagging advocate for “hard money”, that is gold coin
(specie) or bullion as money – as opposed to paper money “backed” by
gold as in a “gold standard”. “Soft” (i.e. paper or credit) currency,
in his opinion, favored rich urban Easterners at the expense of the
small farmers and tradespeople of the West. He proposed a law
requiring payment for federal land in hard currency only, which was
defeated in Congress but later enshrined in an executive order, the
Specie Circular, by Jackson (1836). His position on currency earned
him the nickname Old Bullion.

Explorer John Fremont became one of America’s biggest heroes because
of his journeys west along the Oregon Trail in 1842 and 1843. He got
the job largely because his wife’s father was the powerful Missouri
senator Thomas Hart Benton. Benton believed America had an innate
right to all the lands of the west, an idea that came to be
called “Manifest Destiny.” And so Fremont was under strict orders to
make the west seem attractive–worth settling. That he did. Fremont’s
reports on his journeys were decidedly upbeat. They made the trip
west seem easy–enjoyable. The reports were widely read in the east,
stirring up excitement and encouraging pioneers to head west.

However, even though the reports bear his name, Fremont didn’t write
them. He gave up and left the work to his wife–the intelligent and
articulate Jesse Benton Fremont. It was she–as much as anyone–who
lit the spark of America’s big move west.

Jesse Benton Fremont: Far West SketchesThe full text of Mrs.
Fremont’s reminiscence about her earlier stay in California.

The Life of Col. John Charles Fremont, and His Narrative of
Explorations and Adventures, in Kansas, Nebraska, Oregon and
CaliforniaFull text of John Fremont’s masterwork (actually written by
his wife Jesse).

Lewis and ClarkPBS’ site on the early explorers
Fremont, John Charles, 1813-1890

Report of the exploring expedition to the Rocky Mountains in the year
1842, and to Oregon and north California in the years 1843-44, by
J.C. Fremont; printed by order of the Senate of the United States.
Washington: Gales and Seaton, Printers, 1845.

John C. Fremont was one the most famous and popular of western
explorers. His first venture was under the direction of Joseph
Nicolett who led a group of explorers, surveyors, and mapmakers for
the Corps of Topographical Engineers. Fremont’s next assignment, of
which he was the leader, was a survey of the Oregon Trail (1842) and
northern California (1843-44)
In hindsight, scholars have indicated that it was not Fremont’s
intent to scout out a trail to the west and therefore emigrants
should not have used it as a guide. Nevertheless, the report of
Fremont’s first expedition was greeted by Americans with great
interest. In addition to routine surveying, Fremont’s writings served
the purpose of making the West very attractive to those who lived
east of the Mississippi. The popularity of his writings earned
Fremont the nickname of “The Pathfinder.” Hence, although Fremont
published his report “by order of the Senate of the United States,”
there were many who used it as a guide into the western country.
Because of the nature of this report, as an exploring expedition to
Northern California as well as the Oregon Trail, we have chosen to
digitize only the first 79 pages, the section that deals with the

About Royal Rosamond Press

I am an artist, a writer, and a theologian.
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1 Response to Old Bullion vs. The Bank of United States

  1. Reblogged this on rosamondpress and commented:

    OCCUPY is a utter failure. It destroyed Eugene by moving non-citizens into the economically fragile Bohemian lifestyle.

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