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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

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