Wednesday, December 23, 2009

Kings of the Earth: part 3


In 1814 the Rothschild clan was almost completely in control and headed by the third eldest son of Mayer Amschel; Nathan Mayer. He needed to figure out what to do with the $3,000,000 that Prince William of Hanau had entrusted to his father for safekeeping. While his father may have had good intentions in regards to the Prince's money, Nathan did not. The Jewish Encyclopedia, 1905 edition, Volume 10, page 494, says, “According to legend this money was hidden away in wine casks, and, escaping the search of Napoleon's soldiers when they entered Frankfurt, was restored intact in the same casks in 1814, when the elector (Prince William of Hanau) returned to the electorate (Germany).

Yet,the last line of the Encyclopedia entry indicates the money was never returned by Rothschild to Prince William of Hanau. It says that Nathan Mayer Rothschild invested this $3,000,000 in, “gold from the East India Company knowing that it would be needed for Wellington's peninsula campaign.” With the stolen money the family would gain quadruple profit. The Rothschilds profited no less than four times, first on the sale of Wellington's paper, which he bought at 50 cents on the dollar and collected at par; secondly on the sale of gold to Wellington and then again on its repurchase. Then as if that was not enough, Nathan Rothschild profited a fourth time when forwarding it to Portugal.

In 1816, his two elder brothers were granted noble status (Freiherr or Baron) by the Emperor of Austria. They were now permitted to prefix the Rothschild name with von or de. Their device of four arrows became five when in 1818 Nathan too was elevated, although he chose not to use his aristocratic title: Nathan Mayer Freiherr von Rothschild.

The five Rothschild brothers would continue to supply gold to both Wellington’s army (through Nathan in England) and Napoleon’s army (through Jacob in France), and begin their policy of funding both sides in wars. Due to the fact that these brothers had banks spread out across Europe this gave them the facility to set up an unrivalled network of secret routes and fast couriers. These Rothschild couriers were the only merchants allowed to pass through the English and French blockades. It was these couriers who also kept Nathan Mayer Rothschild up to date with how the war was going so he could use that intelligence to buy and sell from his position on the stock exchange in accordance with that intelligence.

In 1818 he arranged a £5 million loan to the Prussian government and the issuing of bonds for government loans formed a mainstay of his bank’s business. He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a liquidity crisis.

At this time British bonds were called consuls and were traded on the floor of the stock exchange much like today. Nathan Mayer Rothschild instructed all his workers on the floor to start selling consuls. They made all the other traders believe that the British had lost the war so they started selling frantically. Therefore the consuls plummeted in value which was when Nathan Mayer Rothschild discreetly instructed his workers to purchase all the consuls they could lay their hands on. When news came through that the British had actually won the war, the consuls went up to a level even higher than before the war ended leaving Nathan Mayer Rothschild with a return of approximately 20 to 1 on his investment.

This gave the Rothschild family complete control of the British economy, now the financial centre of the world following Napolean’s defeat, and forced England to set up a new Bank of England, which Nathan Mayer Rothschild controlled. Nathan Mayer Rothschild would later state, “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply.” The Rothschilds also use their control of the Bank of England to replace the method of shipping gold from country to country and instead used their five banks spread across Europe to set up a system of paper debits and credits, the banking system of today.

With total control of the British Banking system, Nathan Mayer Rothschild set his sights on the charter for the Bank of the United States. He successfully renewed the charter for another twenty years; giving the Rothschilds total control of the American money supply. The British war against the America therefore ended with the deaths of thousands of British and American soldiers, but with the Rothschilds getting what they want once again.

Tuesday, December 8, 2009

The Kings of the Earth: part 2


At the age of 28, Mayer Amschel was able to expand his inheritance and family business well beyond that of his father. Yet, he was not truly considered wealthy and was continually looking for new ways to move beyond his current position in life. He was a tall and impressive looking man, which was helpful in his business dealings, and was said to have a humble good natured disposition. Whether he was 'humble' and 'good-natured' is up for debate but he certainly had a sense for business and the shrewed ability to double his profit in the exchange of his coins and valuables.

In his personal life he and his wife started a family with their first born child, a daughter, in 1771. But he wanted a son, and 1773 Amschel Mayer Rothschild was the first born son of Mayer Amschel and Gutele Schnaper Rothschild. They would have three more sons in that decade, Salomon Mayer Rothschild in 1775, Nathan Mayer Rothschild in 1777 and Kalmann (Carl) Mayer Rothschild in 1778. A last son, Jacob (James) Mayer Rothschild was born in 1792.
Mayer Amschel Rothschild would be a very dominating figure in the lives of each of his sons, as well as their families for genereations after his death. He was very controlling and decided he would pick his sons’ eventual wives for the business advantage they could bring the family. Amschel Mayer Rothschild married Eva Hanau in 1796 (relative of the prince) and Salomon Mayer Rothschild married Caroline Sternon in 1800 with their fathers instruction. His oldest son was not happy with this (actually he was bitter because he was denied marriage to the woman he loved), but he complied with his father’s decision in the end.

The Rothschilds built their fortune in many ways, and early on they smuggled many different items including drugs and weapons during the English blockade of Napoleon’s Europe, making the family millions of dollars. "The Rothschilds changed course constantly during this period, always manuevering to avoid any kind of political commitment. "(Muhlstcin, p.34) Mayer Amschel wanted to continue to expand the family wealth and power and so he sent his 5 sons to the major capitals of Europe. So in 1798 Nathan Mayer Rothschild left Frankfurt for Manchester, England, where with the help of his father and brothers he began exporting English textiles to locations all over Europe.

As the Rothschild's wealth and power began to grow so did the opportunities to expand the business even further. In 1806 Napolean stated that it was his, “object to remove the house of Hess-Cassel from rulership and to strike it out of the list of powers.” On hearing this, Prince William of Hanau, fleed Germany, went to Denmark and entrusted his fortune valued at $3,000,000 at that time to Mayer Amschel Rothschild for safekeeping. This would be an important exchange, allowing the family to invest the money while at the same time using their profit to make even more profit.

Nathan Mayer Rothschild married Hannah Barent Cohen the daughter of a wealthy London merchant that same year and began to move his business to London. He soon had his first born son Lionel Nathan de Rothschild. He then set himself up as a banker on New Street, London in 1809. Then a lucky thing happened in 1810, Sir Francis Baring and Abraham Goldsmid died leaving Nathan Mayer Rothschild as the only remaining major banker in England. On orders from his father, because business was booming in England, Salomon Mayer Rothschild went to Vienna, Austria and sets up a bank there called M. von Rothschild und Söhne later that same year. Youngest son Jacob (James) Mayer Rothschild would go to Paris, France to set up the bank, de Rothschild Frères just three years later. His first son Nathaniel de Rothschild would be the first of the French born Rothschild's on the family tree.

The charter for the Rothschilds Bank of the United States ran out the next year and Congress voted against its renewal. A battle would insue between Andrew Jackson(who was 7th President of the United States)and the Rothschilds. Jackson said, “If Congress has a right under the Constitution to issue paper money, it was given them to use by themselves, not to be delegated to individuals or corporations.” Nathan Mayer Rothschild, who was not amused, stated, “Either the application for renewal of the charter is granted, or the United States will find itself involved in a most disastrous war.” Andrew Jackson’s passionately responded with, “You are a den of thieves vipers, and I intend to rout you out, and by the Eternal God, I will rout you out.” Then it is said that Nathan Mayer Rothschild’s simple reply was, “Teach those impudent Americans a lesson. Bring them back to colonial status.” The battle lines where drawn and the winner was set.

Backed by Rothschild money, the British declared war on the United States (again) in 1812. The Rothschild's plan was to cause the United States to build up such a debt in fighting the war that they would have to surrender to the Rothschilds and allow the charter for the Rothschild owned Bank of the United States to be renewed. The Rothschild family would fight for control of the United States banking system for many decades until the Federal Reserve was established in the early 20th century.

The family patriarch Mayer Amschel Rothschild died that same year. In his will he layed out specific rules that the House of Rothschild was to follow: firstly, all key positions in the family business were only to be held by family members and only male members of the family were allowed to participate in the family business. Mayer Amschel Rothschild also had five daughters who all married bankers--in Worms, Sichel, and Beyfus; insuring the spread of their Zionist dynasty even without the The family name attached. The family members sometimes intermarried with first and second cousins to preserve the family fortune as well. No public inventory of the family estate was to be published; no legal action was to be taken with regard to the value of the inheritance; the eldest son of the eldest son was to become the head of the family. This condition could only be overturned when the majority of the family agreed otherwise. And this was the situation right away when Nathan Mayer Rothschild, the third son and business genius (and most like his father), was elected head of the family following his fathers death. He would lead the family into a new century of ever-expanding wealth and influence never seen on the planet before.