CHAPTER FIVE
The American Revolution

In order to understand how men who obtained control of the Bank of England, and the British National Debt, also obtained control of the trade and commerce, and the monetary system of Britain’s American colonies, it will be sufficient if we pick up the threads of the story at the time Benjamin Franklin (1706-1790) went over to England to represent the interests of the men who had been associated with him in building up the prosperity of the American Colonies.

Robert L. Owen, former chairman, Committee on Banking and Currency, United States Senate, explains the matter on page 98 of Senate Document No. 23.  He states that when associates of the Rothschild’s asked Franklin how he accounted for the prosperous conditions prevailing in the colonies, he replied :  “That is simple — In the Colonies we issue our own money.  It is called Colonial Script — We issue it in proper proportion to the demands of trade and industry.”

Robert L. Owen remarked that not very long after the Rothschilds heard of this they realized the opportunity to exploit the situation with considerable profit to themselves.  The obvious thing to do was to have a law passed prohibiting the Colonial officials from issuing their own money and make it compulsory for them to obtain the money they required through the medium of the Banks.  Amschel Mayer Rothschild was still in Germany but he was supplying the British Government with Mercenary Troops at £8 per man.  Such was his influence that in 1764 he succeeded, through the Directors of the Bank of England, in having laws passed in accordance with his dictates.

The authorities in the Colonies had to discard their Script money.  They had to mortgage the Colonial assets and securities to the Bank of England in order to borrow the money they needed to carry on business.  Referring to those facts Benjamin Franklin stated.  “In one year the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.”  Franklin stated :  “The Bank of England refused to give more than 50 per cent of the face value of the Script when turned over as required by law.  The circulating medium of exchange was thus reduced by half”.^[1]

Mr. Franklin disclosed the primary cause of the Revolution when he said:  “The Colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the Colonies their money, which created unemployment and dissatisfaction.”

Dissatisfaction became general, but very few Colonials realized that the taxation, and other economic sanctions being imposed on them, were the results of the activities of a small group of International Gangsters, who had succeeded in obtaining control of the British Treasury, after they had obtained control of the Bank of England.  It has already been shown how they jumped Britain’s National Debt from £1,250,000 in 1694 to £16,000,000 in 1698, and increased it progressively to £885,000,000 by 1815, and £22,503,532,372 by 1945.

On April 19th 1775, the first armed clashes between British and Colonials took place at Lexington and Concord.  On May 10th the Second Continental Congress met at Philadelphia and George Washington was placed at the head of the Naval and Military Force.  He took command at Cambridge.  On July 4th, 1776 Congress adopted the Declaration of Independence.

For the next seven years the International money-lenders urged and financed the Colonial War.  The Rothschilds made plenty of money supplying the British with German Hessian soldiers with which to fight the Colonists.  The average Britisher had no quarrel with his American cousins.^[2]  He secretly sympathized with them.

On October 19th, 1781 the British Commander, General Cornwallis, surrendered his whole army, including what was left of the Hessians.  On September 3rd, 1783 the Independence of the United States was recognized by the Peace Treaty of Paris.  The only real losers were the British people.  Their National Debt had been increased tremendously and the International money-lenders (who were in reality the Secret Power behind the World Revolutionary Movement) had succeeded in the first stage of the long range plans towards the dissolution of the British Empire.^[3]

The agents of the international bankers worked industriously to prevent unity.  By keeping the various states in America separated it was much easier to exploit them.  To prove the continuity of the Foreign money-lenders meddling in the affairs of every nation it is sufficient to record that the Foundling Fathers of the United States meeting at Philadelphia in 1787 talked over the importance of bringing in some form of legislation which would protect them against the exploitation of the International Bankers.

The agents of the international bankers organized active lobbying.  They used intimidation.  But despite all their efforts paragraph 5, of Section 8, of the First article of the new American Constitution read :  “CONGRESS SHALL HAVE THE POWER TO COIN MONEY AND REGULATE THE VALUE THEREOF”.

The vast majority of the United States’ citizens consider the Constitution an honoured, and almost sacred, document.  All laws passed since then are SUPPOSED to conform with the provisions of the Constitution.  The fact that subsequent legislation dealing with finance and currency, have been in violation of the provisions laid down in Article 1, Section 8, paragraph 5, proves how powerful the bankers have been in the political field.

The history of how the international money-lenders obtained economic control of the United States in order to further their long range plans is decidedly interesting.

Using the good old reliable Joint Stock Company principle, the Directors of the Bank of England appointed one of their hirelings named Alexander Hamilton, to represent their interests in the United States.  In 1780 this man, a supposed patriot, proposed the establishment of a Federal Bank.  It was to be owned by PRIVATE INTERESTS as an alternative to those who insisted the issue and control of money should remain in the hands of the government elected by the people.  Alexander Hamilton suggested that his proposed Federal Bank be capitalized for $12,000,000.  The Bank of England would provide $10,000,000, the remaining $2,000,000 would be allocated to wealthy people in America.  In 1783 Alexander Hamilton, and his business partner Robert Morris, organized the Bank of America.  As Financial Superintendent of the Continental Congress, Morris was able to reduce the United States Treasury to a state of indigence by the end of seven years of war.  This is another illustration of how the Secret Power use wars to further their plan for the W.R.M.  To make absolutely sure the United States’ Financial cupboard was bare, Hamilton transferred the last $250,000 from the Treasury Department, and invested it in the Bank’s Capital Stock.  The directors of the Bank of America were agents of the Bank of England.  The Illuminati controlled both.  The fact that they sold their souls to Satan in order to gain the world is the truth they wish to conceal.

The Fathers of American Independence realized that if the Directors of the Bank of England obtained monopolistic control of America’s money system they would recover any money they had lost by the simple process of mortgage and foreclosure.  The net result of this struggle for economic control of the nation was that Congress refused to grant the Bank of America a charter.

Benjamin Franklin died in 1790 and the agents of the International Jewish money-lenders immediately made another bid to obtain control of America’s finances.  They succeeded in having Alexander Hamilton appointed Secretary of the Treasury.  Hamilton had the Government charter the bank his principals had been clamouring for.  It was then a simple matter to usurp the rights to issue currency based on public and private debts.  The most forceful arguments the bankers’ agents had used to defeat their opposition was that money issued by Congress, on the credit of the Nation, would be valueless in dealing abroad;  while money obtained on loan from the bankers, at interest, would be welcomed as legal security in all kinds of transactions.  Thus the public fell prey to the exploitation of the men who professed to be their friends.  Alexander Hamilton, and Morris, were never more than hirelings of the international money-lenders.

The new Bank was capitalized for $35,000,000.  Of this amount $28,000,000 was subscribed by European bankers, which the Rothschilds controlled.  It is suspected that the international bankers decided that Hamilton knew too much and couldn’t be trusted any longer.  He was inveigled into a duel with an expert named Aaron Burr, who acted as his executioner.

While American citizens were used as Front men by the international bankers, policy was determined in Europe.  The Rothschild interests gave orders that the American bankers were to extend almost unlimited credit for good security and put plenty of money into circulation.  The propaganda media played up on the highest notes of optimism.  Prosperity was assured.  The Americans were destined to become the greatest people on Earth.  Everybody was urged to invest in the future of his great nation.

When everyone of any worth had mortgaged himself to the hilt, orders were given to tighten up credits, recall outstanding loans, and reduce the amount of money in circulation.  An artificial depression was created.  Citizens could not meet their financial obligations and the Money Barons obtained millions of dollars worth of property, and securities, at a fraction of their normal value.  Admittedly everything was done by due process of law, but Al Capone and his gangsters, were gentlemen in comparison with the international bankers.

Many great Americans have commented on this phase of the history of the United States, but their expressed opinions don’t seem to have prevented their successors from falling into the same traps and pit-falls.  John Adams (1735-1826) wrote to Thomas Jefferson in 1787.  He said :  “All the perplexities, confusion and distress arise not from the defects of the Constitution, not from want of honour and virtue so much as, from downright ignorance of the nature of coin, credit and circulation.”

Thomas Jefferson said :  “I believe that banking institutions are more dangerous to our liberties than standing armies.  Already they have raised up a money aristocracy that has set governments at defiance.  The issuing power should be taken from the banks and restored to the people to whom it properly belongs”.

Andrew 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.”

These outspoken comments warned the International Bankers to expect serious opposition when their Charter for the Bank of the United States ran out in 1811.  To prepare for this eventuality Amschel Mayer Rothschild, had obtained absolute control of the Bank of England in order to strengthen his control of the World’s economy.  His son Nathan had been specially trained to undertake this tremendous task as previously mentioned.  Nathan proved to have exceptional talent and ability for financial affairs.  He trained himself only to think in terms of profits, just as the professional politician thinks only in terms of votes.  In 1798, at the early age of twenty-one, he went over from Germany to secure control of the Bank of England.  He was entrusted with the modest sum of £20,000.  To demonstrate his financial wizardry he speculated, and in a comparatively short time [3 years], he increased his capital to £60,000.  By 1811, when the matter of the renewal of the Charter for the Bank of America was due for a hearing, Nathan Rothschild was in control of the International Bankers.  He issued his ultimatum.  “Either the application for renewal of the charter is granted or the United States will find itself involved in a most disastrous war.”

footnotes