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16 Dr. John Coleman<br />

Nathan's greatest principle of expertise was of buying<br />

government bonds that were defaulted, or about to be defaulted,<br />

at huge discounts. After a suitable time, great pressure was<br />

exerted on <strong>the</strong> governments concerned to redeem <strong>the</strong> bonds at<br />

face value, netting Nathan incredible profits. In this way he<br />

became <strong>the</strong> financial agent for more than half <strong>the</strong> governments of<br />

Europe. Some very notable people in <strong>the</strong> past declared that<br />

"civilization came to an end in 1790," among <strong>the</strong>m H.G. Wells,<br />

<strong>the</strong> famous British establishment writer who said in <strong>the</strong> New<br />

York American, (July 27, 1924) that <strong>the</strong> mental and moral<br />

progress of <strong>the</strong> human race ended with <strong>the</strong> 18 th century.<br />

Wells was well thought of by <strong>the</strong> Rothschilds, who liked<br />

his idea of <strong>the</strong> League of Nations, what Wells called "a world<br />

state," which he said was inevitable. The Erlangers donated<br />

$3,000 to this purpose, as did N.M. Rothschild.<br />

George Bernard Shaw, <strong>the</strong> Irish playwright, told Hillaire<br />

Belloc: "Something enormous happened in 1790." This was<br />

reported in <strong>the</strong> New York Times:<br />

There is reason to believe that <strong>the</strong>y were referring to <strong>the</strong><br />

great revolutionary movements that began between <strong>the</strong><br />

middle and <strong>the</strong> end of <strong>the</strong> 18 th century when in 1779<br />

Amschel Rothschild became <strong>the</strong> master of <strong>the</strong> richest man<br />

on Earth, <strong>the</strong> Landgrave of Hesse Cassel.

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