JEROME DALY HAD TAKEN ON THE BANKS

[creampie]

JEROME DALY HAD TAKEN ON THE BANKS, THE FEDERAL RESERVE BANKING SYSTEM, AND THE MONEY LENDERS, AND HAD WON.

THE "CREDIT RIVER DECISION" HANDED DOWN BY A JURY OF 12 ON A COLD DAY IN DECEMBER, IN THE CREDIT RIVER TOWNSHIP HALL, WAS AN EXPERIENCE THAT I'LL NEVER FORGET.

CHIEF JUSTICE OF THE MINNESOTA SUPREME COURT HAD PHONED ME A WEEK BEFORE THE TRIAL AND ASKED ME IF I WOULD BE AN ASSOCIATE JUSTICE OF THE PEACE, ASSISTING JUSTICE OF THE PEACE, MARTIN V. MAHONEY SINCE HE HAD NEVER HANDLED A JURY TRIAL BEFORE. I ACCEPTED, AND IT TOOK ME TWO HOURS TO GET MY CAR RUNNING IN THE 22 BELOW ZERO WEATHER.

I GOT TO THE COURT ROOM ABOUT 30 MINUTES BEFORE TRIAL, AND HELPED GET THE WOOD STOVE GOING, SINCE THE TRIAL WAS BEING HELD IN AN UNHEATED STORE ROOM OF A GENERAL STORE. THIS WAS THE FIRST TIME I MET JUSTICE MAHONEY AND I WAS IMPRESSED WITH HIS NO NONSENSE MANNER OF HANDLING MATTERS BEFORE HIM. MY JOB WAS TO HELP PICK THE JURY, AND TO KEEP JEROME DALY, AND THE ATTORNEY REPRESENTING THE BANK OF MONTGOMERY FROM ENGAGING IN A FIST FIGHT. THE COURT ROOM WAS HIGHLY CHARGED, AND THE JURY WAS ALL BUSINESS.

THE BANKER TESTIFIED ABOUT THE MORTGAGE LOAN GIVEN TO JEROME DALY, BUT THEN DALY CROSS EXAIMINED THE BANKER ABOUT THE CREATING OF MONEY "OUT OF THIN AIR", AND THE BANKER ADMITTED THAT THIS WAS STANDARD BANKING PRACTICE. WHEN JUSTICE MAHONEY HEARD THE BANKER TESTIFY THAT HE COULD "CREATE MONEY OUT OF THIN AIR", MAHONEY SAID, "IT SOUNDS LIKE FRAUD TO ME." I LOOKED AT THE FACES OF THE JURORS AND THEY ALL WERE AGREEING WITH MAHONEY, BY SHAKING THEIR HEADS AND BY THE LOOKS ON THEIR FACES.

I MUST ADMIT THAT UP UNTIL THAT POINT, I REALLY DIDN'T BELIEVE JEROME'S THEORY, AND THOUGHT HE WAS MAKING THIS UP. AFTER I HEARD THE TESTIMONY OF THE BANKER, MY MOUTH HAD DROPPED OPEN IN SHOCK, AND I WAS IN COMPLETE DISBELIEF. THERE WAS NO DOUBT IN MY MIND THAT THE JURY WOULD FIND FOR DALY.

JEROME DALY HAD TAKEN ON THE BANKS, THE FEDERAL RESERVE BANKING SYSTEM, AND THE MONEY LENDERS, AND HAD WON.

IT'S NOW TWENTY EIGHT YEARS, SINCE THIS "LANDMARK DECISION", AND JUSTICE MAHONEY IS QUOTED MORE OFTEN THAN ANY SUPREME COURT JUSTICE EVER WAS. THE MONEY BOYS THAT RUN THE "PRIVATE FEDERAL RESERVE BANK", SOON GOT BACK AT MAHONEY BY POISONING HIM IN JUNE OF 1969, LESS THAN 6 MONTHS LATER.

BOTH JEROME DALY, AND MARTIN V. MAHONEY, JUSTICE OF THE PEACE, ARE TRULY THE "GREATEST MEN THAT I'VE EVER HAD THE PLEASURE TO MEET. " THE "CREDIT RIVER DECISION", WAS AND STILL IS THE MOST IMPORTANT LEGAL DECISION EVER DECIDED BY A JURY.
BILL DREXLER.



IN JUSTICE COURT
STATE OF MINNESOTA
COUNTY OF SCOTT
TOWNSHIP OF CREDIT RIVER

JUSTICE MARTIN V. MAHONEY