In the latter part of 1792, the Illuminati set up a shadow government, the Paris Commune, in the Paris City Hall. Sitting as Montagnards in the Legislative Assembly, their representatives voted to abolish the Assembly and replaced it with a new political body, the Convention. That’s when the September Massacres were perpetrated. For a whole week, teams of workers went about butchering a lot of innocent people. They would leave Paris City Hall in the morning, with their aprons and hatchets, and go and butcher inmates and patients in prisons and hospitals. They would return at night with bloodied axes and sullied aprons to collect their day’s pay. It transfixed the French and all of Europe with fear. And even worse, as the September Massacres were being carried out, the guillotine started beheading innocent people by the thousands. The Illuminati were not only bringing down the Ancien Regime, the political system, they were also venting their deep festering hatred. Unfortunately, it was the citizens who were taking the brunt of the violence.
Needless to say, as Terror spread to the other French cities, and especially after the royal family was guillotined, the Roman Catholic Empire put all its might behind the Federalists in order to protect the catholic populations that were resisting in the Vendean region to the west and most of the major French cities.
In retaliation, the revolutionary government gave orders to apply scorched earth tactics to the Vendean region, and a genocide was carried out. Terror was also being carried out in other cities, especially in the port of Toulon to the south. The Federalists had taken Toulon with the help of the French navy whose many Royalist commanders espoused their cause. However, once in command of the port, faced with a superior advancing Convention army who had just defeated their counterparts in Nimes, Avignon and Marseille to the west, the Federalists decided to surrender their city to the English whose navy had been blockading the port. With thousands of English soldiers occupying the port, the Convention forces would easily be kept at bay.
Mayer was appalled by the Vendean genocide where thousands of Catholic men, women and children were in the process of being exterminated. When he heard what was happening in Toulon, he was fully aware of the magnitude of the Terror. The year before, one Paul Barras, an aristocrat, had been elected to the Convention Assembly as a Montagnard representing the Var region. He was an unscrupulous, penniless and debauched individual from a well-to-do and respected family. He was initiated as a Freemason and joined the Jacobin Club like all Illuminati recruits of note. Since he represented the Var and had a military background, he was sent as emissary to the Italian Army Command which had been sent to liberate Toulon. When he got there, the military command was in disarray, and nothing was being done. That’s when a young artillery lieutenant called Bonaparte suggested to the generals that it would be best to shell the port before attempting a frontal attack. The generals paid no attention to him, but Barras did. Since Barras had the authority, he told the generals to give the young man permission to get his canons. In quick order, Bonaparte proceeded to gather all the artillery he could from Marseille and other surrounding cities as well as the Italian Army Command to which he belonged. From the heights of Toulon, Bonaparte had a great advantage over the English forces, and after relentless shelling, the English were forced to flee taking some Federalists with them. But when told what happened to those Federalists who were left behind, Mayer was aghast. Barras and Freron had led their troops into the city and had butchered the Federalists by the thousands. Notably, a wounded Bonaparte hadn’t participated in the massacre, had been made General, and he owed it all to Barras.
While the revolution was being carried out, Ouvrard had kept busy. He had reported to Mayer that the perfectly crafted assignats printed by François in Lyon were circulating without a hitch. In the last three years, his agents working out of the newly-established Masonic Lodges throughout France had purchased tens of thousands of the most prestigious French properties. All the properties had been bought in the name of fictitious individuals, and there was absolutely no trace leading to Ouvrard or Mayer.
The assignats had lost half their value since the first issue in late 1789. Since the Convention insisted on maintaining the original value of the assignats, those with hard currency and bullion hidden away under mattresses, or floor boards, no longer wanted to buy up the assignats. They saw the end of the Terror, the return of law and order and real currency, and they wanted to get their hands on tangible assets. They wanted to buy real estate without having to buy assignats, and getting it at reduced prices was definitely an added incentive. On his own initiative, Ouvrard had started selling off the unwanted secondary assets of the great estates he had purchased. The sale of the detached lands and buildings, as well as the furnishings and livestock, had almost doubled their capital, and the offerings had pacified the local notables and farmers who didn’t have enough money to bid at auction and felt the revolution had cheated them. By encouraging them to pool what metal money they had, Ouvrard had made it possible for them to buy a lot of good property and chattels at an affordable price.
Ouvrard told Mayer that he sometimes hesitated selling off the properties because he didn’t know what prices to set. So far, he was using the original Convention evaluations set in livres, but he wanted to confirm with Mayer what the gold equivalence was. Although there was hardly any metal money in circulation, fortunes in silver and gold were waiting to be invested.
Mayer had obviously thought it all out. The French livre would remain fixed to the English pound. 4 livres worth 1 oz of gold or 16 ozs of silver. With regards to the property values, the Convention evaluations would do just fine. Mayer told Ouvrard he was primarily interested in receiving gold as payment without telling him why. He explained simply it was because of the sixteen to one weight advantage. The accumulated silver was to be used to cover Ouvrard’s commission along with that of his agents. Whatever silver remained was to be converted into gold and sent on by land first to David in Amsterdam, and then by boat to Montefiore in London. Montefiore would see that it was deposited in the Goldsmid Bros. vaults. Mayer estimated that at the present rate some five thousand tons of gold would be deposited in the City before it was all over.
The agents in France were extremely motivated, for they were becoming rich beyond their wildest dreams, commissions on billions of pounds were being paid out in silver. However, Mayer had wanted to thank them in a special way. He told Ouvrard that when the bulk of the Émigré real estate was bought up, he and the agents would be free to use their commissions to bid on any property they wanted. When the auctions stopped, he was to tell François to stop printing assignats. Mayer would acquaint François with that decision from his end.
Soon, Mayer would need to have one of his sons take charge of family affairs in the City. Amschel, eldest son and future head of the family, would remain in charge in Frankfurt. Nathan, the pugnacious one, would be sent to the City in London when he reached 21, in five years’ time. Nathan had met a lot of people when they had stopped in London on their way to America in 1790, and particularly remembered one Levy Barent-Cohen, a gruff older gent who had a delightful daughter. Nathan was looking forward to going to London for several reasons.