Rothschild Money Trust
Rothschild Money Trust
Rothschild Money Trust
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XII.<br />
Gold<br />
"With gold we can buy the most rebellious consciences,<br />
can fix the rate of all values, the current price of all products,<br />
can subsidize all State loans, and thereafter hold the states<br />
at our mercy."—From Funeral Oration of Rabbi Reichhorn.<br />
"You are aware that the gold standard has been the ruin<br />
of the States which adopted it, for it has not been able to satisfy<br />
the demands for money, the more so that we have removed<br />
gold from circulation as far as possible."—From Protocol 20.<br />
The fixed policy of the management of the <strong>Rothschild</strong> fortune<br />
is and has always been, monopoly. They brook no opposition<br />
and they fix the tolls of whatever business they engage in. In<br />
the beginning their operations were confined to government<br />
loans, not only for the profit involved but for the political power<br />
that it gave them. As the fortune grew their field of operations<br />
expanded until it embraced everything. Originally, the <strong>Rothschild</strong>s<br />
had competition for these government loans and consequently<br />
were not always able to fix the rate of discount, but this<br />
opposition was soon crushed or absorbed.<br />
Among their early competitors was the Bank of England,<br />
which was chartered in 1694 for the purpose of financing the<br />
British Government. In consideration of a loan of 1,200,000<br />
pounds the British government granted the Bank of England<br />
the exclusive privilege of issuing currency in the City of London<br />
and within a radius of 65 miles thereof. Originally it was<br />
granted an annuity of 100,000 pounds a year for handling the<br />
government's business, and its property and operations were<br />
exempted from taxation.<br />
Adam Smith says of the Bank of England:<br />
"She acts not only as an ordinary bank, but as a great<br />
engine of state. She receives and pays the greater part of<br />
the annuities which are due to the creditors of the public; she<br />
circulates Exchequer bills; and she advances to the Government<br />
the annual amount of the land and malt taxes which are<br />
frequently not paid till some years thereafter."<br />
These functions were in line with the operations of the<br />
<strong>Rothschild</strong>s and consequently they coveted the bank. There is<br />
no record of when they acquired it or how much they paid for it,<br />
for that is not the <strong>Rothschild</strong> way; it is one of their secrets. It<br />
was probably acquired by Nathan during the hey-day of his