H G Wells on 'currency cranks', nationalisation, and the 'competent receiver'–
Showing Wells had no idea about Jewish influence

Uploaded 5 Jan 2013; enlarged 7 July 2013; & 12 April 2015 | Home Page | Truths About Jews
[Wells became a student in 1884; at the time the pound sterling was a principal world currency]

'Currency Crank' from H G Wells' novel The World of William Clissold (1926)

... But among other obvious deficiencies, that nineteenth-century Socialism was almost wilfully blind to the necessity for a scientific monetary method, a proper reckoning of obligations and claims proof against manipulation, if a just and efficient system of production was to work. Owen, indeed, thought of that essential—Dickon [a character in Wells's novel] has shown me recently a collection of Owen's experimental "labour notes"—but his smaller followers in their little wisdom dropped the question. If anyone mentioned money in a Fabian Society meeting in my Socialist time there would be a kind of general hoot: "Oh, Lord! Here's a Currency Crank!" Saying "Currency Crank" in a Fabian Society meeting was almost as deadly as saying "Boor-jaw!" in a modern Communist gathering. I have seen Sidney Webb [a Jew - RW], our London Lenin, flushed, flustered, and irritated, waving all that sort of thing aside. Bitter scorn, an earnest scorn. Let us get on to sensible things. [William] Morris to judge by his News from Nowhere would have done without money; his other contemporaries, it seems, thought that any old money would do. But science is measurement, and money as we have it at present is about as good for the measurement of social obligation as an earthworm for the measurement of length.
      Equally vague, evasive, and useless was the political attitude of that old Socialism. The Socialists were proposing to "nationalise" the means of production and distribution, but when one asked who or what was to be the operating "nation" they had nothing to suggest. Again came flushed impatience and a hasty waving of the disturbing question away. Socialism, they recited, was an economic not a political reform, which of course explained everything. It seems incredible, but they seem to have believed that economic justice and administrative efficiency were compatible with any sort of political rottenness, division, and absurdity. Never mind about that; the wise little officials would see anything through. You see while Marxian Socialism was invented by discontented professors, Fabian Socialism was largely the product of hopeful Civil Servants. ....
I take it this clumsy directing away from the role of money was part of Jewish crypsis, as British socialism was corrupted and taken over—Rerevisionist.

Here's another similar passage by Wells:

'Currency crank' from H G Wells' Experiment in Autobiography (1934)

... Let me turn now to another major item in my account-rendered of the essentials that made the Socialism of the eighties and nineties so deficient and ineffective as a key to human frustration.

Socialism [in the British sense of Ruskin, William Morris, Oscar Wilde, Keir Hardie and many others—RW] was primarily a criticism of private possessiveness in the common weal, and yet in no part of the Socialist movement in Britain or abroad, was there any evidence of an awareness, much less an examination of the connection between proprietary claims and monetary inflation and deflation. The Socialist movement floated along in a happy unconsciousness of the possible effect of inflation in releasing the debtor and worker from the claims and advantage of ownership. Nowhere was monetary control linked with the process of expropriating the landowner and private capitalist. Yet many of our minds were playing about quite close to that topic. In my Modern Utopia (1905) I even threw out the idea of a currency based on energy units. I could do that and still be unaware that I was touching on another vital deficiency in the Socialist project. The normal Fabian gathering had a real horror of the "currency Crank," as it termed anyone who ventured to say that money has ways and tricks of its own which no serious student of social welfare can ignore. Platform and audience rose in revolt together at the mere whisper of such disturbing ideas.

It was not merely that the Fabians refused to think about money; they pushed the thought away from them. ...

Googling 'currency crank' yields a crop of obviously Jewish-controlled material based on the identical phrase—in 'socialist' parties, Jewish media, books by E J Hobsbawm, supporters of Rothschild, and what-have-you. Exactly the same pattern: don't mention Jewish control over money supply.

Wells lists other examples of the evasiveness of these chatterers, for example shirking the question of the 'competent receiver', one or more organisations to run a World State, if there was to be a World State. It seems obvious, today, that Jews had no doubt they would be the 'receivers'; and, equally, no doubt they wanted to keep this secret. And they may have disliked Wells's phrase because of the link with stolen goods, something that applied with a vengeance to Jews in the USSR.

'Competent Receiver' from H G Wells' World Brain (1938)

... In a universal organisation and clarification of knowledge and ideas, in a closer synthesis of university and educational activities, in the evocation, that is, of what I have here called a World Brain, operating by an enhanced educational system through the whole body of mankind, a World Brain which will replace our multitude of uncoordinated ganglia, our powerless miscellany of universities, research institutions, literatures with a purpose, national education systems and the like; in that and in that alone, it is maintained, is there any clear hope of a really Competent Receiver for world affairs, any hope of an adequate directive control of the present destructive drift of world affairs. ...

'Competent Receiver' in Beatrice Potter (later in life: 'Lady Passfield') 1939

"He [Wells] was obsessed with his own vague vision of a world order, with his search for a 'competent receiver' of the power to organise mankind. The mass electorate and its representatives were totally unfit for the job. But he utterly failed to make me understand what kind of social institution he had in mind."
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