The Money Masters: How International Bankers Gained Control of America. It is a fact that the Federal Reserve is a private corporation acting on behalf of its private interests. The Federal Reserve was a creation of the Federal Reserve Act signed into law by President Woodrow Wilson in 1913. Woodrow Wilson signed away the freedom of America due to the influence of the International Bankers. Wilson had this unfortunate realization a couple years after the signing of the act as he wrote, “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”. Former president James Madison knew of the deceitful tactics employed by The Money Masters as he accounts, “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance”.