Rothschild Money Trust

as a part of their plan to "facilitate the payment of the French
indemnity to Germany," but it was necessary to the perfection
of this plan that the gold standard be established in America.
Through bribery, they caused to be clandestinely inserted a
clause in the Coinage Act of 1873 that demonetized silver.
The next major depression in America and throughout the
world was the panic of 1893 which was brought about by the
competition between the Jewish House of Rothschild and the
Jewish rival firm of Baring Brothers. The ruler of the Rothschilds
determined to crush the Baring firm. The Jewish Encyclopedia
says of this operation:
"Similarly it is stated that the financial crisis of Germany
and Austria (and America and the world) was also a source of
anti-Semitism because the shrewdness of the Jewish bankers
had forseen the crash and they were enabled to evade it."*
The Jews are always able to foresee and evade these depressions
because they create them. They not only evade these crises
but they sell their securities in advance of them and buy them
back when values have been destroyed, at a fraction of their
former worth, and thereby make immense profits. It is by the
repetition of this process from panic to panic that they have so
rapidly acquired the wealth of the world. The Jews do not lose
on a panic, for the word is passed down when it is to happen.
They usually profit by it; a panic is their rich harvest.
The next major panic was that of 1907 which the Rothschild
controlled banks created by refusing to pay their customers
and their bank correspondents the money due them and
which was held on deposit. They simply coldly and brutally said
to the other bankers having deposits with them: We cannot and
will not pay you your money, and you must take care of your
own customers the best way you can. This resulted in all the
banks throughout the country clamping down on their customers
and refusing to pay them their money, which in turn resulted in
checking all commercial enterprises and a great fall in the wage
and price level and a disastrous panic.
It resulted also in the people and the bankers getting together
for the purpose of organizing a currency and credit expanding
system to prevent a recurrence of such a panic. And
worst of all the outcome was that the Rothschilds organized this
system for us and created one that they could manipulate in
*Vol. 2, p. 493.