Infowarrior I am not so sure Woodrow Wilson said that. He may have not said it but that doesn't change the fact that the quote is correct whether it is a fabrication or not.
Here is a discussion on wikiquotes about this ‘quote’ from Wilson:"I am a most unhappy man..."
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."
-Woodrow Wilson, after signing the Federal Reserve into existence
It seems to be all over the internet so it must be true... but seriously: many of the "Federal Reserve controlling the world" conspiracy buffs seem to cite it, but I haven't seen any that actually cite a date or a specific document
, and with conspiracy buffs even many quotes that do have specified citations turn out to be bogus. Until it can be found in some fairly reliable source, I'd treat it with extreme skepticism. "I have unwittingly ruined my country" seems a bit too extreme of a statement for any politician to ever say. I wouldn't put much trust in too many of the "conspiracy" quotes that are used by all kinds of people— even the legitimate ones are often taken out of context in extreme ways. ~ Achilles 14:16, 24 Jan 2005 (UTC)
It actually has been added to the Wikipedia on the Federal Reserve Act page... but even there it has been given no specific source, and I remain skeptical about it. ~ Achilles 14:20, 24 Jan 2005 (UTC)
Achilles, you should do some real research before you just throw the entirety of the subject into the "conspiracy theory" heap. It's not a conspiracy theory when it's true. The Federal Reserve and banking elitists in this country in collusion with other central banking elitists in foreign countries, using their money to buy political offices and lobby their own causes, have raped the United States as well as other countries of any true wealth. - xxxAdamasxxx 4/16/11
In his book The New Freedom: A Call For the Emancipation of the Generous Energies of a People, chapter 9 Woodrow Wilson cites most of this. However, "I am a most unhappy man. I have unwittingly ruined my country." contains no reference
—This unsigned comment is by 22.214.171.124 (talk • contribs) .
The source is easy enough to find: National Economy and the Banking System, Senate Documents, Col. 3 No. 23
I've done a bit of searching for this quote and can only find it on tax protester sites, without any citation other than date. On the date usually given, Wilson seems to have been in Colorado giving a speech about the League of Nations which has nothing to do with the above quote. His State of the Union speech given a few months later completely contradicts the essence of this quote. I believe the quote to be a false one. I'll eat my words if someone can actually produce a verifiable citation, but I doubt I'll have to.
And further, the reference to "National Economy and the Banking System, Senate Documents, Col. 3 No. 23" is BS
National Economy and the Banking System, Senate Documents, Col. 3 No. 23 PAGE 100.
The quote is mostly words Wilson actually wrote, with the first two sentences of it apparently being incorrect and the rest taken from Wilson's The New Freedom. Below is what one can actually derive from connecting together two passages from The New Freedom:
A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men ... [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.
All of the above is from Woodrow Wilson's The New Freedom: A Call for the Emancipation of the Generous Energies of a People (New York and Garden City: Doubleday, Page & Company, 1913). In this same work, Wilson also wrote the below:
Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.
126.96.36.199 18:58, 22 October 2006 (UTC)
It doesn't really matter who said it, the point is that it is true, the federal government and federal reserve create a monarchy as opposed to a democracy.
—This unsigned comment is by 188.8.131.52 (talk • contribs) .
Guys, the United States is not supposed to be a democracy. It's supposed to be a Constitutional Republic. If you look at the Federal Reserve, Congress, the Senate, and what recent presidents have been pulling, you'll see that they are not following the Constitution. That is why we have an illegal, unapportioned income tax and are engaged in several unconstitutional wars. Also, the Federal Reserve is a PRIVATE corporation. The responsibility of the coin purse of the United States is supposed to fall directly to Congress and the Treasury. - xxxAdamasxxx 4/16/11
Actually this quote is taken from Woodrow Wilson's diary not in any speech he gave. those would be big words for a politician to preach to the public.
—This unsigned comment is by 184.108.40.206 (talk • contribs) .
The FED published data on three monetary aggregates, yet on November 10th 2005 announced that as of March 23rd 2006, it would cease publication of M3. YET M3 is the best description of how quickly the Fed is creating new money & credit. Which means they're creating it out of thin air, therefore depreciating the value of each dollar in circulation IF EACH DOLLAR REPRESENTS AN IOU BASED ON GOLD.
Here's The Recent Data which confirms Woodrow Wilson's quote: http://www.federalreserve.gov/releases/h6/discm3.htm
—This unsigned comment is by 220.127.116.11 (talk • contribs) .Misattributed Section Change
I don't know if I did the right thing or not but i removed the Misattributed Section that stated that a famous Wilson quote was entirely made up. Most of it at least is real as can be verified by the source so I added the part that is definitely true to the Sourced Section.
From the original text one would understand that 100% of the quoted text was false when in fact at least most of it was accurate. Right now the article contains what it should (in my oppinion): Wilson's original quote.
Leave the debates for the talk pages please. --xeq
I am in the process of verifying the original quote with "I am a most unhappy person. I have unwittingly ruined my country." at the beginning. I think I might have found someone who has a copy of “National Economy and the Banking System," Senate Documents Co. 3, No. 23 -- xeq
Someone said the reference to "National Economy and the Banking System, Senate Documents, Col. 3 No. 23" is BS. Would that person please elaborate? Did he read the book and find the quote to be different? Did he read the book and notice the quote doesn't exist? Does that document not exist?
The document certainly exists as it is referenced on many believable sites and I may have even found someone who might have a co
py. I am pretty sure people agree to this (if they don't I will have to include links as right now I don't think it's the case and I'm too lazy).
One more thing... there appear to be 3 versions of this quote
. One I included in the Sourced Section. The second includes "I have unwittingly ruined my country" in front. The third includes "I am a most unhappy man" in front of the second.
There are also 3 possible sources
•One has been proven for the first version: The New Freedom: A Call for the Emancipation of the Generous Energies of a People (New York and Garden City: Doubleday, Page & Company, 1913)
•Some sites (pretty believable in my opinion) say Woodrow Wilson said version 2 (and some version 3) in 1916, three years after the passing of the Federal Reserve Act.
•National Economy and the Banking System, Senate Documents, Col. 3 No. 23 (Owen, Robert L., 1939), which is said to contain version 2 and (by some sites) version 3 of the quote, possibly (in my opinion) from 1916.
I restored the misattributed section and its content, as well as extending some of the genuine material out of which this "quote" was woven. Political campaign speeches notoriously resort to histrionics, but to begin a statement with what seems to be a total fabrication
"I am a most unhappy man. I have unwittingly ruined my country." and then follow it with cherry-picked portions of other campaign statements against several types of general business monopolies to make it seem that there is some single monolithic and sinsister cabal that he is warning people about, when that is not actually the case, is to compose a very bogus and misleading "quotation".
Wilson himself in his Preface to the collection of genuine material indicates "I have not written a book since the campaign. I did not write this book at all. It is the result of the editorial literary skill of Mr. William Bayard Hale, who has put together here in their right sequences the more suggestive portions of my campaign speeches."
Thus this is done openly, with his own material, and with his own authorization, making the statements that appear in the book his. To mix statements in plainly misleading ways and without authorization, and to mix the false with the true are other matters entirely.
Wikiquote articles are places to expose widely circulated bogus quotes as well as to post genuine ones, and the comments accurately indicated that the statement seemed to be a misleading mixture of the genuine and the fabricated, and this remains the case
. ~ Kalki 21:53, 14 March 2007 (UTC)
Isn't it possible that Wilson later repeated that speech (as many politicians do) including "I am a most unhappy man. I have unwittingly ruined my country"? Setting aside the apparent radical nature of the words, has it been proven that Wilson never said those words? To say that quote is misattributed is to say it's on good authority that he never said it. Is this the case? I think at the very least this section shouldn't exist. There can be two possible sources of information on this: one saying that he did say it and the other that he didn't. While the first exists (in quite a few forms, though some people don't entirely trust) the second certainly doesn't.
Two kinds of people seem to exist: the ones that read a conspiracy theory and accept it without research and the ones that read it and say it's false without research. The first act out of spite for the authorities while the second act out of spite for conspiracy theories. I just ask you to be trully impartial on this matter.
What you are saying here is that because Wilson said that quote without "I am a most unhappy man. I have unwittingly ruined my country" in front he definitely couldn't have said it in the second form. What's your exact reasoning? As people cites their sources when they say this quote is true you should cite yours when you say it isn't. Right now it appears you're citing yourself. There should be at least a newspaper article, a university professor, any public figure that looked into the matter and found this quote to be bogus. I grant you there is a possibility that Wilson never said it but right now it's not probable. Right now the opposite is probable (according to sources, excluding "National Economy...").
There are pretty good chances that this material is genuine as there are quite a few good sources on it (note that in the end no source can be said to be 100% trustworthy). There apparently is a book in which this quote appears and if it's there than no person on Wikipedia, unless that person is an authority on the subject, can decide it's false. So until someone clarifies what's written in "National Economy and the Banking System, Senate Documents, Col. 3 No. 23" I don't think anyone here can assume to have more authority on the matter than Mr. Owen, Robert L. (the author) and i suggest that until then the section should be deleted. Right now one would assume that the person who says this quote is misattributed read that book and found that quote not to be there or to be different OR that person is saying that he is a better authority on the matter then the author. None of these are true.
The practice of not only deleting a quote that has a source but also saying it's misattributed, although nobody who says this read the book, is a really bad one.
I would like it if at least people agreed that it' still an open debate and it should be left for the talk pages. Right now the entry in the Misattributed section is citing the talk pages! I think that's where the debate should take place until a proper resolution. ~ xeq 12:34, 15 March 2007 (UTC)I do not think it at all credible that a person who is running for the office of President, would at any point in his campaigning say "I am a most unhappy man. I have unwittingly ruined my country." Nor that someone who had not yet even been elected to that office would even have any cause or reason to say it. The portions of Wilson's statements that are genuine, in context, are also plainly are referring to things far less sinister and secretive than they plainly are meant to imply in the cobbled together versions that they have been used to create. Personally, I do not think it at all credible that he actually said anything remotely like that statement as it is portrayed, at any point in his life, let alone on the campaign trail, and the overwhelming preponderance of the evidence indicates that it is a deliberately concocted statement meant to mislead people to false conclusions, and not a genuine one, meant to illuminate actual truth.Many famous people have quotes falsely attributed to them, and their are sections on many pages of the Wikiquote project where such quotes are presented along with the evidence that exists that they are not genuine.
No one can absolutely prove that Eleanor Roosevelt did not at some point in her life say "America is all about speed. Hot, nasty, bad-ass speed" but one has to be extremely ignorant and credulous to actually be inclined to believe that she did, merely because she is "quoted" as having done so in Talladega Nights: The Ballad of Ricky Bobby. One should not have to be in so absurd a position as that of having to prove so absurd a thing is false. If something seems both absurdly uncharacteristic and is not reliably documented, it should be the burden of those who insist upon it as genuine to prove that it is true. ~ Kalki 13:50, 15 March 2007 (UTC)
I heard this speech with my own ears. I was there. It's verbatim. Stop screwing with history. 18.104.22.168 22:10, 15 April 2007 (UTC)
If this is false then why hasn’t any proof of National Economy and the Banking System, Senate Documents, Col. 3 No. 23 been produced? That would seem to be the best way to prove Truth or fault about this.
Also check out http://www.freedomtofascism.com/
Aaron Russo's film on the subject. This is my first experience with Mr. Russo's work. And I believe he would take his time to find Truth before using false claims.
Even Repub. Congressman RON PAUL from Texas agrees that the FED is EVIL! And he is the Defender of the Constitution! http://www.ronpaul2008.com
He appears in Aaron Russo's film and talks openly about this.
I think I would Believe a very educated and loyal servant of our Nation when he speaks against the Big Machine.
I am searching for Answers like the rest of you... K.Maguire 11/26/2007 (http://www.gotlocalmusic.com
—This unsigned comment is by 22.214.171.124 (talk • contribs) .
I retained the "Disputed" tag to the section on my last edit, as it remains disputed, but I see very little credible evidence that it is not a misattribution. As with all attempts to prove a negative there can be no "proof" that is not, but there also remains no reliable evidence at all that it is genuine.
I reverted changes made to the summary, as it seems very clearly to be a concoction, with only the first two sentences not yet sourced at all to other documents. I also added this comment to the previous remarks:
It has been said by some supporters of its supposed authenticity to appear in "Senate Documents Co. 3, No. 23, 76th Congress, 1st session, 1939" but even were it in these records it would certainly be someone quoting it into the record, and not a quote of Wilson directly, as he had already been dead a number of years. Many such misquotations thus appear in Senate and Congressional records. If such a record actually exists a citation of a more definite source might conceivably exist there.
I am not even confident that there is such a document at all, but if there is, unless it provides an earlier definite source, it merely provides a possible date of when this statement began circulating. ~ Kalki 14:39, 14 December 2007 (UTC)
As unlikely as it may be, I can also conceive of some genuine source for "I am a most unhappy man. I have unwittingly ruined my country." eventually being found, but in a totally different context from that portrayed. I find very little credibility to the idea that such a statement was ever made by Wilson, or any other politician, in any campaign speech
. ~ Kalki 14:46, 14 December 2007 (UTC)
Though the argument seems to be entangled so deeply into a spiral which is impossible now to even read, it seems the "doubters" have won by attrition. I would argue the merits of the quote by the fact that hundreds of other statesmen have repeatedly warned of the dangers of a "Central Banking System!" These quotes are easily available, but are also attacked by the intellectuals, which takes us to the same spiral.
I think we are all forgetting, (ONE) WE HAVE A CENTRAL BANK! (TWO) WE HAVE A 9 TRILLION DOLLAR DEFICIT! With a seventy trillion dollar entitlement, (social security, medicaid, and medicare).
The Democratic and Republican two party system was born of the Andrew Jackson presidency. Andrew Jackson's legacy was ending the Central Banking System that had already gained control of our money.
Historians will all agree a particular event that sticks out as leading to the Revolutionary War was King George III's attempt to outlaw the interest free, independent currency being used by the Colonies. There by forcing them to accept a paper bill issued by the Central Bank of England, at interest. This is the entire argument against the Central Banking System. It charges the government interest to borrow money from the bank in order to finance the need for a currency. —This unsigned comment is by Davmo (talk • contribs) . 14:26, 7 February 2008 (UTC)References at Google BookWoodrow Wilson: "I am a most unhappy man; unwittingly I have ruined my country..."The American Mercury
by George Jean Nathan, Henry Louis Mencken, 1924, p. 56 "President Woodrow Wilson-(
After breaking with the engineers of the Fed Act, and near his death), "I am a most unhappy man; unwittingly I have ruined my ..."The Federal Reserve Hoax
By Wickliffe B. Vennard, 1959, p. 27, full quote 
Richard Cotten's Conservative Viewpoint
by Richard B. Cotten 
"PRESIDENT WOODROW WILSON
- (After breaking with Colonel House) who with Warburg engineered the Fed. act: "I am a most unhappy man; unwittingly I have ruined ..."To All My Children As the World Turns
By Gyeorgos C. Hatonn, 1993, p. 152 
"Even Woodrow Wilson would regret his actions and before his death, stated: "I am a most unhappy man--unwittingly I have ruined my country."After Fascism
By Abid Ullah Jan, p. 31, full quote Web of Debt
By Ellen Hodgson Brown. p. 127, partial quote 
"The bill passed on December 22, 1913, and President Wilson signed it into law the next day. Later he regretted what he had done. He is reported to have said before he died, "I have unwittingly ruined my country."Outsourcing Culture
By Robert E. Greenwood Jr. Phd, p. 118, partial quote 
--126.96.36.199 22:09, 16 August 2008 (UTC)
I found this quote which is kind of saying the same thing at brainyquotes.com I'm pretty sure it isn't a conspiracy theory site. "The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy."
I agree that it is conceivable that there is a genuine source for "I am a most unhappy man. I have unwittingly ruined my country." I also agree that it is unlikely that it would be included in a "campaign" speech. But I don't see where anyone has attributed said quote to a "campaign" speech. He was already President when the Federal Reserve Act was enacted, and he is said to have said these words "before he died." —This unsigned comment is by 188.8.131.52 (talk • contribs) . 01:42, 26 September 2008 (UTC)Senate Document 23
I've located Senate Doc. 23, 76th Congress, 1st Session. There's no "I am a most unhappy man" and there's no "I have unwittingly ruined my country".
There are two quotes from Wilson on page 100:
Woodrow Wilson, 1916, said:A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation, therefore, and all our activities are in the hands of a few men... We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.
President Wilson, in advocating the Federal Reserve Act, said:We must have a currency, not rigid as now, but readily, elastically responsive to sound credit, the expanding and contracting credits of everyday transactions, the normal ebb and flow of personal and corporate dealings. Our banking laws must mobilize reserves; must not permit the concentration anywhere in a few hands of the monetary resources of the country or their use for speculative purposes in such volume as to hinder or impede or stand in the way of other more legitimate, more fruitful uses. And the control of the system of banking and of issue which our new laws are to set up must be public, not private, must be vested in the Government itself, so that the banks may be the instruments, not the masters, of business and of individual enterprise and initiative.
I have also looked at The Federal Reserve Hoax (1959) in a library. It has no references for any of its quotes. The quote "I am a most unhappy man. I have unwittingly ruined my country" does not appear in Dwinell's The Story of Our Money
(1946), and she would certainly have included it if the quote was known then. I conclude that the quote came into existence between 1946 and 1959 and is not genuine. KHirsch 03:05, 9 January 2009 (UTC)
HERE'S SOME VERIFIABLE INFORMATION: First, you have to understand how money actually comes to exist in the first place. Common middle Americans only think statements such as Wilson's to be extreme because of a fundamental lack of education about our monetary system and its role, beginning with the Central Bank- ie. The Federal Reserve- incidentally privately owned, not federal AT ALL, in case you were unaware. I recommend two sources to give the fundamentals, easily located at http://www.video.google.com
: The first is a 47 minute document:'ary explaining how money is created called Money As Debt; second (and longer, but equally important and well-documented) The Money Masters. You will find that Woodrow Wilson and all of the others, including presidents, were- pun intended- right on the money about how destructive the system is. Another from John Adams, one of our founding fathers: "All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from DOWNRIGHT IGNORANCE OF THE NATURE OR COIN, CREDIT, AND CIRCULATION.'"***
--184.108.40.206 17:52, 1 September 2010 (UTC)Strawman Solution
Thank you for your interest, but notice at the top of this page: "This is the talk page for discussing improvements to the Woodrow Wilson article." & "This is not a forum for general discussion about the article's subject." At issue here is not the subject matter of the purported quotes, but verifying whether Wilson actually said them. ~ Ningauble 15:39, 2 September 2010 (UTC)
If Wilson said the two first sentences or not:
If he said the rest, he most definetly was "a most unhappy man" and very hopefully "unwittingly". So leaving these 2 phrases in the quote seems very logical to me as to summarize the following.
—This unsigned comment is by 220.127.116.11 (talk • contribs) .
The source is dead. Even if he didnt say it EVERYTHING about the Federal Reserve and how it opperate is TRUE
—This unsigned comment is by 18.104.22.168 (talk • contribs) .The legitimacy of this quote has pretty much been put to rest. The first two sentences appear to be complete fabrications. The rest of it is actually two separate quotes that are slightly altered and taken out of context. He is actually referring to monopolies
. Source: The New Freedom --Ryan0991 20:51, 17 August 2011 (UTC)http://en.wikiquote.org/wiki/Talk:Woodrow_Wilson