45-CONSPIRACY AND CONTROL

When we became intelligent some three million years ago, we became aware of our mortality and were consequently scared out of our wits. This led to unrest and confusion within our specie for the longest time. Fortunately, in 325 of the Common Era (CE), a group of good men decided to create a very effective religion, one meant to control man’s behavior by instilling the fear of God in him. That religion, Christianity, invaded the infrastructure of the Roman Empire like a hermit crab. Once established with its network of kings, it forced all the citizens of the empire to adopt the Nicene Creed. It ruled by diplomacy and fear of God, and when that didn’t work, it used threats of excommunication, wars, crusades, and inquisitions to set things right. The official religion was not only intolerant and exclusive but was opposed to the spread of knowledge as well. It was created on the premise that poverty was godly, and that science was the work of the devil. Its finances were based on tithing and deeding by those who wanted to buy their way into heaven when the time came. It was a haphazard but boundless source of revenue, and corruption set in. The Vatican ruled very inefficiently. Not surprisingly, along the way, it created two deadly enemies, the Jews and Huguenots (French Protestants). Those two enemies joined forces in London in 1600, but finding more tolerant political conditions in Amsterdam, they established their headquarters there in 1602. Under the guise of the East India Company, they ruled the oceans of the world for nearly a century. As soon as it became feasible, in 1688, they returned to London and established their head office in the City. The next step was the creation of a political system called democracy.

In 1694, the East India Company created the Bank of England, a financial oligarchy that now ruled the oceans out of the City in London instead of Amsterdam. The bankers were determined to turn the world into one great market economy, an English one, of course. That short-sightedness was what allowed Mayer Amschel Rothschild to create the Bank of North America in 1781 and his son, Nathan, to take over the Bank of England in 1810. Mayer’s far-sightedness gave us international finance, a system where market economies, or democracies, freely traded with each other. Mayer’s dynasty had the added advantage of not only speaking with one voice, but in making credit accessible to governments as well as merchants and ordinary citizens, it could only know lasting success. Today, we are all living witnesses to that fact.

Credit is the most sophisticated and cleanest method of control, and more importantly, it’s always in great demand. The credit machine could be compared to a water pumping system where the big water reservoir is the hundred and fifty thousand of gold stockpiled in the City and its Central Banks. From that reservoir, the gold is magically transformed into paper dollars before being sent on their way. The added magic in this operation is that no matter how many dollars are printed, the stockpile of gold never decreases, quite the opposite, it is meant to increase in size as more gold is mined and bought up. Today, the good as gold dollars, paper or electronic, soon to be replaced by virtual bitcoins, flow to the central bank of each country as well as the multiple world organizations such as the United Nations, Unesco, World Bank etc. These are connected to smaller pipelines going down to industries and individuals in the form of loans, and to the man on the street in the form of a salary. On each pipeline there is a tap that controls the output, the tap being the interest rate. If the City wants a country or a multinational to shape up, it gets Standard and Poor’s or some other mysterious entity to let the Gorgon Sisters, Reuters, AP and AFP, tell the world that their credit is no good. Then the NYSE, the first domino in a long chain of dominoes, falls in the desired direction, thus starting a chain reaction. The dominoes are manipulated by the ‘suits’, politicians, traders, professors and journalists, who are never told what to do or say, but know exactly what the one who pays their salary wants, and act accordingly. No matter how many dominoes there are in a given sequence, they all fall in the direction in which the original domino fell, and if one domino fails to fall, it is simply replaced or bypassed, and the chain restarted. All people who receive a salary do what is expected of them, and that includes everybody, the President on down, but no one is made to think he’s a pawn, for democracy is all about instilling the feeling of empowerment.

Credit control works extremely well, but when drastic action like war is needed, the people must be made to believe that it’s necessary and to not question it. Credit control depends on democracy, and democracy depends on the empowerment of the people. People have to be made to believe they are the ones deciding or democracy can’t work. In the good old Holy Roman Empire days, the clergy used very crude ways to impose its will, as mentioned earlier, but Mayer’s dynasty in the City has always used more sophisticated controls such as free speech, job creation, and media feed in order to sway public opinion. But in dire cases, it gets America, the City’s executive arm, to arrange for a Pearl Harbor or a 9/11 in order to get things done.

First, the people must be empowered, and that comes about largely with the creation of jobs. When war is being planned, huge sums of credit are injected to fuel the arms industry, creating a lot of employment and making a lot of people rich in the process. But swaying public opinion is trickier. The process begins with the Gorgon Sisters feeding the various media with the necessary information or misinformation, and encouraging ‘free’ speech. Those who speak for the war are good patriots and good leaders while those who oppose the war and question the facts leading up to it are quickly branded conspirators, or even traitors. The Gorgon sisters freely let conspiracy theories flow into the media because they can easily counter them by having a number of respected ‘suits’ defend the City’s point of view that has become theirs. People eventually become blasé to conspiracy, to the point where every time they hear the word, they switch off. Honest citizens don’t listen to those nuts, and when it comes to the crunch, they trust their elected leaders and their media, regardless.

In 1913, after the Federal Reserve Act was signed into law, Hollywood started sending pictures depicting the greatness of democracy around the world. The dollar was becoming as good as gold, and the image was becoming the message. On the one hand, Mayer’s dynasty controlled the dollar and the many currencies tied to it, and therefore unofficially ruled the financial world, and on the other, the ‘land of the free’, or the ‘land of opportunity’, became everyone’s ideal on both sides of the Atlantic and beyond. Every able-bodied person wanted to come to America or be like Americans. It opened wide the door to globalization.

Today, Marshall McLuhan’s maxims, ‘the image is the message’, and ‘the global village’ have become more meaningful than ever. Hollywood followed by TV, the internet, and the smartphone gave us an image-oriented society and virtually empowered us. But as incomes grew, people had more leisure time on their hands, and that meant the Gorgon Sisters had to play an ever-greater role in filling the airwaves. Politics, religion, sports, entertainment along with local news had to keep everybody focused. Now people do it all by themselves through the social networks.

However, the citizen needing ever more direction, the old overpowering control, the one based on the fear of God and the threat of damnation no longer sufficing, a new concept was introduced. Since humans are genetically conditioned to live with fear, it is very easy to condition them to forever expect dread, as long as they are convinced that their leaders will save them if and when disaster strikes. In fact, it is a simple control, very much like a riding crop used to make horses do what they are meant to do. A horse would not be worth his salt if it didn’t do what its owner wanted it to do, so, once broken in, the crop is used to remind it of a looming threat. A good owner never hits the horse with the crop, but simply makes sure the horse is aware of it. In a democracy, people may have the illusion of being free and empowered, but they react to credit and media just like the horse to the crop. Instilling fear into a population must go hand in hand with the assurance that it is protected. People may complain, and that is useful in keeping their minds busy, but they must above all trust the one who brandishes the crop, or it doesn’t work.

Fear comes with names like Hitler, Khomeini and Bin Laden, and words like anarchists, Marxists, communists, fascists, terrorists, ISIS, Al Qaeda and Dahesh, Stalin and Putin, names and words that were and are repeated in the media thousands of times each day throughout the world. From atop his elevator shoes, the leader of North Korea threatens to blow up the whole world, and we tremble. And though the five permanent Security Council members, America, Russia, England, France and China are under one roof and have never fired a shot at each other, we continue fearing Russia to this day. The banking dynasty in the City created the Permanent Security Council and controls all the central banks of the world, yet we still fear being annihilated by an atomic bomb coming from Russia, and even North Korea, as ludicrous as that is. The Gorgon Sisters know how and when to brandish the crop, and by sending images of terrorist attacks, along with ridiculous military parades and the lighting of wet firecrackers out of North Korea, they make us tremble, just like they did with Russia not so long ago. As more and more people become smombies, that is glued to their smartphones, we could say that they are hardwired to the Gorgon Sisters who constantly spew out marching jingles.

Two great examples of the way the crop is used have to do with airport security checks and the climate change debate. Anybody who has a million dollars can hijack or blow up a plane anytime, anywhere in the world, and any professional killer can use a plastic card in his wallet, or the plastic food utensils on board, to kill or threaten to kill anybody at will. As for security checks per se, if people are asked to remove their belts and shoes, it is simply a symbolic way to instil fear in the middle class of the world, the flying population, by symbolically having them drop their pants and walk bare-footed, for it serves absolutely no other purpose. The only valid control at the airport is the metal detector that’s meant to stop the ordinary crazies who may be tempted to carry a knife or a gun on board. As for climate change, it is a reality, but not for the reasons the Gorgon Sisters give. The reality is that we’re on the warming leg of a glacial cycle, and that the production of CO2 is irrelevant. But, like with the horse who trusts the crop holder, we trust the one who spews out the fabricated hype about CO2. The more the crop is brandished, the more we walk the line.

 

 

44-THE FED

In 1768, Haym Salomon, Mayer’s right-hand man in America, with the help of another great collaborator, Robert Morris, took charge of the French gold given as an aid package to America and used it to create the Bank of North America in 1781. That sealed the destiny of America, and what a great one it turned out to be.

In 1791, Alexander Hamilton drafted a constitution for the 1st Bank of the United States, and all of Mayer’s people agreed on the rules and regulations that were to govern it. During the time the bank was headquartered in Philadelphia, eight branches were created, one in each of Baltimore, Boston, Charleston, and New York in 1792, and four more in each of Norfolk in 1800, of Washington in 1802, of Savannah in 1802 and of New Orleans in 1805.

Its largest customer was the government, and one of the highlights of that relationship was the bank’s efficient managing of the government’s fiscal affairs with respect to the Louisiana Purchase in 1803. The bank’s notes circulated countrywide and infused a safe medium of paper money into the economy for business transactions. Although the relationship between Mayer’s bank and the government wouldn’t always be a smooth one, due to those who didn’t want a strong Federal Government and who thought bankers were crooks, it would remain steadfast, today’s Federal Reserve Bank being the ultimate proof.

Nonetheless, in 1811, American politicians who opposed Mayer’s bank refused to renew the charter of the 1st Bank of the United States. As we have seen in a previous blog, in retaliation, Nathan, who had by now taken control of the Bank of England in the City, proceeded to ‘teach the impudent Americans a lesson’ by forcing them, in 1812, to wage a costly war. Shortly after the British troops burned down the President’s Residence in 1815, Congress signed a 20-year charter for the 2nd Bank of the United States in 1816, and 26 more branches were opened almost immediately across the country.

 

Augusta, Georgia (1817, closed 1817) – Baltimore, Maryland (1817)

Boston, Massachusetts (1817) – Charleston, South Carolina (1817)

Chillicothe, Ohio (1817) – Cincinnati, Ohio (1817)

Fayetteville, North Carolina (1817) – Lexington, Kentucky (1817)

Louisville, Kentucky (1817) – Middletown, Connecticut (1817)

New Orleans, Louisiana (1817) – New York City (1817)

Norfolk, Virginia (1817) – Portsmouth, New Hampshire (1817)

Providence, Rhode Island (1817) – Richmond, Virginia (1817)

Savannah, Georgia (1817) – Washington, D.C. (1817)

Mobile, Alabama (1826) – Nashville, Tennessee (1827)

Portland, Maine (1828) – Buffalo, New York (1829)

St. Louis, Missouri (1829) – Burlington, Vermont (1830)

Utica, New York (1830) – Natchez, Mississippi (1830)

 

When members of Congress again refused to renew the bank’s charter in 1836, it no longer mattered, for it was the perfect excuse to open the West at breakneck speed. The 2nd Bank of the United States with all its branches remained the unofficial national bank, while many ruthless individuals sought wealth and power by creating banks in the new states being created. All the shinplaster money issued by the state banks didn’t in the least affect the banks that constituted the backbone of American finance, the unofficial 2nd Bank branches. These banks continued to work as a unit using the dollar that continued to be fixed to the price of gold in the City. It was a standard that the country could depend on, and all the funny money printing state banks had no choice but to stay within range of that standard. So, industrial America developed by leaps and bounds in spite of, or perhaps more accurately, because of the Wildcat Banking years.

In the 1860’s, the South was out of economic sync with the rest of the country, and that had to be put right if the Manifest Destiny dream was to become a reality. Before the Civil War, huge amounts of credit from the City and its affiliates in Holland and Germany started flowing into the country in order to give the North and the South the means to wage war. The cotton economy was on the wane, and the political and financial pressures on the South were great. Pushed to the wall, the South’s only option was to secede, which it proceeded to do. War ensued as planned, and the South was completely destroyed. Thereafter, the carpetbaggers loaded with cash invaded the South, while railroads were being built in a frenzy from coast to coast. Soon, Congress, tired of financial bedlam, signed the National Bank Act in 1863. Congress had had no choice but to seek loans from the well-established unofficial 2nd Bank network whose currency was the US dollar which was tied to the gold in the City, thus re-instating the dollar as the national currency in the process. Although businessmen and politicians continued to ignore the reality of international financial control by the City, and to distrust bankers, they just knew it was the most reliable and sound financial arrangement possible.

In 1913, the Federal Reserve Bank was created by Congress. Its shareholders were the Rothschild Bank of London, the Rothschild Bank of Berlin, the Warburg Bank of Hamburg, the Warburg Bank of Amsterdam, the Lazard Brothers of Paris, the Israel Moses Seif Banks of Italy, the Chase Manhattan Bank of New York, the Goldman Sachs Group of New York, the Lehman Brothers of New York, and the Kuhn Loeb Bank of New York.

All these banks were privately owned or backed by the City bankers who held huge quantities of gold bullion in its vaults. Although the FED became the executive arm of world financial power, that power remained in the hands of those who had all the gold, the City bankers. Since 1810, the daily price of gold has been fixed by the Rothschild Bank in the City, in London. In 1913, when the gold price started being fixed in US currency, the dollar became as good as gold.

Democracy is a system that encourages elected representatives of the people to borrow from the private central bank of their country in order to get things done before taxes are collected. Democracy is based on this human foible, for if a country is not indebted, control is lost, and democracy can’t exist. The system has worked flawlessly since 1694, giving mankind order and prosperity in the process. However, we should be especially grateful to Mayer who created the Bank of North America in 1781, and his son Nathan who overpowered the Bank of England in the City in 1810 and laid the groundwork for universal credit as we know it today. Since then, the secret has been to buy all the gold bullion being mined around the world, in complete anonymity, and then putting it to good use by just letting it sit in a nice neat pile in a secret place.

43-BOER WARS

The story of the City in London is all about gold. Mayer was the founder of international banking because he was the first banker to use gold as it was meant to be used. According to him, gold was not meant to be spent, it was meant to be mined, purchased, and then stockpiled in a secure location for all time. The one who had the gold necessarily controlled the monetary systems. Mayer created the Bank of North America in 1781, thanks to the 500 metric tons of French gold made possible thanks to Benjamin Franklin’s intervention. After Mayer’s real estate coup in France in 1789, he managed to funnel another 5000 tons of French gold to the City. In 1810, his son Nathan had the wherewithal to fix the daily price of gold worldwide from his offices in the City. Nathan had perhaps as much as 7000 metric tons of gold in his possession, close to half the gold ever produced at that time. He held most of England’s debt, and was in charge of the English, French and American monetary systems.

In 1812, Nathan sent Napoleon to Russia in order to force the Tsar to let private interests mine for gold in the Urals, which was a determining moment in our history. Thanks to the French engineers from l’École des Mines de Paris, placer deposit gold mining techniques had been refined and newly mined gold started being stockpiled in the City.

Mayer built his dynasty on gold and trust, and his dynasty wasn’t about to change course. When hard rock mining was made possible in the 1880’s, gold production skyrocketed. Paper money went to the miner, and gold went to the City. As gold was stockpiled in the City, the paper it backed, whether in America or England, became as good as gold. There have never been losers, for the miners get paid the world price set in the City, and Mayer’s dynasty stockpiles the gold and creates more credit.

The total production of gold to date is estimated at around 250000 metric tons. The gold used in jewellery, industry, and dentistry, combined with the token amounts of gold on display in the various Central Banks of Germany, Italy, France, USA, China, Russia etc., probably accounts for around 75000 metric tons. Most gold is held in a virtual form as Exchange-Traded Funds (ETF’s), and though it is impossible to be accurate, there’s around 150000 metric tons of real gold bullion unaccounted for and stockpiled in the City and its financial satellites.

The Boer Wars are forgotten wars, but if one analyzes and correlates the dates and circumstances surrounding the discovery of gold and diamonds in South Africa and the wars that were fought in that country, it becomes clear that they were all about controlling the production of those two precious commodities. In 1879, the British had managed to put an end to the Zulu military might, and in 1880, had declared the South African Republic to be an English possession. But in 1881, the Boers, independent white Dutch settlers, badly defeated the British troops and sent them home. In 1899, this time, with the help of several Commonwealth countries, Britain came back to fight the Boers, and after heavy casualties on all sides, British, Commonwealth, African and Boer, England finally prevailed in 1902. The British unilaterally changed the name of South African Republic to Union of South Africa in 1909, while declaring it to be a dominion of the British Empire. Since then, South Africa produces a disproportionate amount of the world’s gold and diamond production, and both commodities are neatly stockpiled in places like the Wharf in the City in London.

35-MOSCOW CAMPAIGN

After launching the War of 1812, confident that the American politicians would renew his bank’s charter, Nathan turned his attention to Europe. He was anxious to send Napoleon to Russia. Like his father, he believed that more gold bullion was needed if the number of central banks, and hence the number of democracies, was to grow. It was crucial to accumulate as much gold as possible while waiting for the USA to become a coast-to-coast country and for the US dollar to become as good as gold. The problem in 1812 was that gold mining was still in its infancy, and that exploiting alluvial gold deposits was very much a problem. However, it just so happened that the most advanced mining engineering school in the world was in Paris. L’École des Mines de Paris founded in 1783 had developed the latest techniques for extracting alluvial gold, and this gave Nathan the wherewithal to carry out his plan.

In 1803, alluvial gold had been discovered on the western slope of the Urals in Russia, and it was well known that the Tsar wanted to keep it a secret, for he didn’t want the serf population to start a gold rush. In 1810, Nathan who was setting the world price for gold bullion out of the City in London, was well aware of that situation. Therefore, he would get Ouvrard to contact Talleyrand who in turn would encourage Napoleon to go and force Tsar Alexander to open the country to private gold mining. Napoleon would take a corps of engineers with him, and once Alexander was forced into accepting, that elite corps would be dispatched to the Urals in order to launch and supervise mining operations. Of course, as an incentive, Napoleon was to keep all the proceeds from the sale of the mined gold. Nathan would open a Russian bank and buy all the gold as it was being produced. Nathan would give the Tsar his royalties on the one hand, and buy the gold by sending letters of exchange in pounds to Napoleon in Paris. The gold would then find its way to Nathan’s vaults in the City. Napoleon and the Tsar would get the paper, and Nathan would get the gold.

Napoleon started the Russian campaign in June, 1812, and he was heading into a Russian winter which made no sense. A lot of people wonder to this day why he went. After major losses, he entered Moscow, but the retreating Russian Army had burned and stripped the city of supplies. It was a deadly place to be for a starving army. He could easily have gone on to Saint Petersburg to defeat Tsar Alexander and winter his troops in that city, but he chose to stay in Moscow for a whole five weeks instead. Napoleon was obviously waiting for an answer from the Tsar, to whom he had issued an ultimatum regarding opening the country to gold mining. After likely receiving assurances from Tsar Alexander that it would be done, Napoleon decided to spare Saint Petersburg, and took off as fast as he could for France, but not before dispatching to the Urals a contingent of 22 000 men headed by engineers from l’Ecole des Mines de Paris. If Napoleon then took the same direct way back to France, knowing full well the countryside was totally devastated by the passing of his army on the way to Moscow, and that winter was around the corner, it was because he was in a hurry to reap the benefits of the campaign and was willing to gamble. Napoleon made it OK, but his army wasn’t so lucky. Winter set in early, and his army was completely annihilated.

Later that year, the Russian senate issued an act authorizing subjects and private companies to mine for gold and silver ores providing they pay royalties to the Severnaya Kazna National State Bank. As expected, numerous private mining companies with Russian names started mining operations, and the country’s gold output was as much as 2 tons during the first year of activity. Financing research and development in gold mining technology and buying the gold produced at the price set by Nathan in the City would become the modus operandi for all time.

Meanwhile, in Judengasse, Mayer’s health was failing. Upon receiving the bad news, Nathan duly rushed to Frankfurt, and was at his father’s bedside when he died on September 19, 1812. One can only wonder if the War in America declared on June 18, 1812, happening at the same time Napoleon was starting his Russian Campaign, didn’t adversely affect Mayer’s health. Did he think Nathan was in too much of a hurry? Did he think too many people were being killed needlessly in the name of gold? Or was 68 considered a ripe old age for the times? No matter, the greatest man who ever lived passed away in almost total anonymity in the ghetto where he was born.

One thing is certain, Gutle must have reminded Nathan of the absolute necessity for discretion and anonymity so dear to his father. In London, Nathan had been doing exactly the opposite of what Mayer had always done. By not keeping a low profile while running the greatest financial dynasty of all time, Nathan was running counter to the founder’s wishes.

However, Nathan’s 4-year-old son Lionel also attended his grandfather’s funeral. Fortunately, Gutle bonded instantly with her grandson, and when he took over the reins of power after his father’s death in 1836, Gutle was still living in Judengasse. She died much later, in 1849, and Lionel visited the old woman he loved as often as he could. Gutle had a great influence on him, for under his direction, the dynasty built by Mayer slowly went back to keeping a low profile, to the point where most people today wonder if it ever really existed. Nonetheless, Nathan’s bank in the City still fixes the daily price of gold for the whole world and does so in US dollars.

33-NATHAN IN THE CITY

When he arrived in England in 1798, other than wanting to do a good job and making his father proud, Nathan had a pressing personal matter. In 1795, on a trip to America with his father and brothers, they had stopped over in London, and he had been introduced to two families. Though Moses Elias Montefiore’s family was the one meant to welcome him when he moved to England, Nathan developed closer ties to the Levy-Barent Cohen family, for ever since 1795 when Nathan met Hannah Cohen, who was 12 at the time, that adorable little girl had been constantly on his mind.

Nathan started off by going undercover to Manchester. He had left the Judengasse ghetto as a penniless young man in 1798, and in the space of 8 years, he supposedly became the wealthiest man in the world. After achieving this feat dealing in the cloth business, he went to London. Other than wanting to see Hannah Cohen in London, being the man that he was, he must have been also champing at the bit to take over from the Goldsmids in the City. In 1806, he married Hannah Cohen, in 1808 Lionel was born, and in 1809 he moved to St. Swithin’s Lane in New Court. In 1810, after replacing the Goldsmid Brothers, he proceeded to create a bank in his own name, N M Rothschild & Sons, and overnight, he was recognized as the most powerful banker in the City, and hence, the world.

However, in taking over from the Goldsmid Bros., he had been helped by destiny. Benjamin Goldsmid committed suicide in 1808 just prior to Nathan’s moving to Swithin’s Lane. It was said that Benjamin had been depressed for some time. When his 19-year old son converted to Anglicanism, it had shaken him up, and when his wife and daughters followed suite, it appeared to do him in. At that time, he had expressed the thought that he was saddened by the thought of being the last Jew in his family, and no doubt, that had led him to be further depressed, enough to take his life. One morning, he was found in his bedroom dangling at the end of his bathrobe chord.

Abraham was troubled by his brother’s suicide, and doubly so because he was now alone in facing his firm’s business obligations. The brothers had bought £14,000,000 of Government Consoles, and in order to do so they had contracted a sizeable loan with the East India Company in Amsterdam. In 1810, for reasons unknown, the East India Company called in Abraham’s loan. That of course forced him to sell the Consoles at below market, thus making him suffer a huge loss that resulted in the insolvency of the firm. Abraham, a respected and honorable business man, used the whole of his personal assets to pay back what he owed, and that left him penniless. He committed suicide in 1810. A handgun was found near his body lying in a wooded area not far from his home.

In that same year, at age 33, Nathan opened his bank in the City. Miraculously, he was instantly recognized as the most powerful banker in the City. He probably had taken possession of his father’s gold in the Goldsmids coffers, almost half the gold ever produced in the world, some 5 thousand tons. Consequently, his bank immediately started fixing the daily price of gold for the whole world, and continues to do so to this day. If Nathan opened the bank in his own name it was because Mayer wanted to make sure Nathan’s bank didn’t have any official ties with himself. In doing so, all possible ties to a father who lived in a ghetto, to his bank, the First Bank of the United States, and to the gold accumulated during the French real estate scam, vanished. Nobody would ever know where all that power and gold enjoyed by Nathan came from. Anonymity was the key to success.

1810 was also a time to decide Napoleon’s fate. That year, Napoleon was tidying up his personal life. He had wanted a male heir, and since Josephine couldn’t give him one, he divorced her very solemnly and publicly. He married Marie-Louise of Austria later that year, and his son, the King of Rome, was born in 1811. Nathan thought that Napoleon had served his purpose. After shoring up Barras who put an end to the Terror, after serving as a catalyst for the demise of the French Navy, after politically transforming France into the centralist state that it is to this day, and after dismantling the Holy Roman Empire on both sides of the Rhine, Emperor Napoleon and his Imperial Army were no longer needed. However, there was one more thing Napoleon could do before he was given the coup de grace, he could go to Russia and force the Tsar to let private companies mine for gold in the Urals.

 

28-REAL ESTATE COUP

In 1789, upon hearing that Benjamin was feeling poorly, Mayer decided to go to America with his three teenage sons, Amschel, Salomon and Nathan. The last time he had travelled to the new world was in 1785, following Haym’s death. On this trip, he wanted the boys to get a feeling for this wondrous new country, but above all, he wanted the boys to meet Benjamin Franklin. Unfortunately, Benjamin being old and in poor health, they arrived too late.

But business went on. Mayer met with Moses Hayes in Boston, Ephraim Hart in New York and the Gratz Brothers in Philadelphia. Robert Morris who had done such a superb job as head of the Bank of North America and Superintendent of Finance had passed on the torch to his young protégé, Alexander Hamilton, who was now Secretary of the Treasury. Alexander was a true prodigy and was handling the young nation’s finances brilliantly. When Mayer met with Robert Morris, he told him he was henceforth free to use his own good judgment in the running of the country’s finance. Of course, Robert was expected to consult with Alexander, Moses, Ephraim and the Gratz Brothers, and directly with Mayer in Frankfurt if urgent matters came up.

He then met with Washington in his magnificent renovated Mount Vernon estate and congratulated him on his election victory. He assured him that since trade and commerce was developing at breakneck speed, he and his political supporters would continue receiving unlimited funding in order to carry out their mandates as they saw fit.

Next, he met with Alexander Hamilton and congratulated him on getting George Washington elected. He also told him how impressed he was with the work he and Robert Morris were doing. He then brought up the subject of the Bank of North America charter that was expiring in 1791. Hamilton was way ahead of him on that one, for a first draft of the 1st Bank of the United States of America charter that was to run for another twenty years was already being circulated and was meeting with very little opposition. Mayer was indeed impressed by this young man.

The states were developing by leaps and bounds, Mayer’s people were rich and getting richer, and his bank’s charter was about to be renewed for another twenty years. There was absolutely nothing for Mayer to worry about. He always treated his collaborators as equals, and they were always made to feel free to satisfy any whim without having to ask Mayer. People don’t necessarily like being on a string, but severing a link to such bounty is unthinkable, especially when it’s so easy to forget the string exists. One thing was certain, America and his bank could look forward to twenty years of peace and prosperity.

The only matter that needed immediate attention was getting permanent residences for the President and Congress. Mayer agreed that having the federal capital at the head of the Potomac River was the best choice since the area was more or less in the south, and strategically well-protected. Having an executive building for the President and his staff separate from that of the people’s representatives was deemed important as well. However, although the constitution, drafted by Hamilton, Madison, and Jefferson who had just come back from Paris, had been submitted the year before, some states were still holding back. Regardless, Alexander was certain the US Constitution and the Compromise of 1790 would be accepted and would lead the way in the creation of a strong federal state.

Before setting sail for the trip home, Mayer and his boys decided it would be a good idea to go by way of Paris, in order to see what was happening in France. Mayer wanted to see first hand how his real estate operations were going. When they arrived in Amsterdam, they took a Thurn and Taxis mail coach in order to avoid problems with the French authorities. Mayer had written ahead to David Schiff, Moses Montefiore, Gabriel Julien Ouvrard, and the Goldsmid Bros. convening them to a meeting in Paris.

The meeting took place in Gabriel’s mansion in Paris, and since it wasn’t a good idea to display wealth at that time, they kept the meeting low key which suited everybody. Mayer and the boys listened with the greatest attention as they were briefed on the state of the real estate sales and on the latest developments of the ongoing revolution.

The counterfeit assignats printed by Johannot were being circulated undetected, and Ouvrard’s agents, Huguenots working out of the lodges of the Grand Orient of France, were having no trouble buying the prodigious properties as they were put up on the auction block. Ouvrard and his agents flipped the properties to anxiously waiting French buyers with the help of Cambacérès’ law firm that was paid to do the necessary paper work. The word had gotten around that gold could be used to buy the properties at a reduced price, and the wealthy buyers were queuing up. For instance, if a buyer personally purchased confiscated Church property at auction, he had to use badly depreciated assignats which he had to buy at face value from the government. In other words, by purchasing a property worth 100 million pounds at auction, he needed to buy 100 million pounds’ worth of assignats at face value, whereas if he bought the same property from Ouvrard using gold, he could get it for 50 million pounds.

As the sales were completed, Ouvrard sent the gold to Paris by Thurn and Taxis. The gold was then shipped down the Seine to Le Havre where a waiting Baring ship from the East India Company took it to London where it was deposited in the Goldsmid Bros. vaults in the City. Montefiore in London made sure everything went smoothly at that end. So far, there had been no hitches and the elite group assembled in Paris didn’t foresee any. Mayer’s boys were in admiration of their father who had set up such a marvelous scam where no one was harmed that hadn’t been already.

Mayer and the three boys left Paris in good spirits, except for Nathan who was complaining about not being allowed to go and witness the demolition of the Bastille prison. In order to humor Nathan, Mayer talked about plans for the family as it pertained to London. Soon, he would need to have one of his sons take charge of family affairs in the City. It was a foregone conclusion that Amschel, the eldest son, would be the future head of the family and remain in charge in Frankfurt, and that Salomon was to go to Vienna to supervise the massive banking operations in the loosely united German states. As for London, since Nathan spoke English best, he would be sent to the City when he reached 21. That definitely took Nathan’s mind off the Bastille.

When Mayer got back to Frankfurt, the first thing he did was sit down with his wife Gutle and acquaint her with the latest American and French developments. All was going as planned in America, and there wasn’t much to add to what she already knew. Though Benjamin’s passing had been deeply felt by Mayer, business carried on as usual. The 1st Bank of the USA was about to receive a 20-year charter, and the buildings housing the President and Congress were to be built at the head of the Potomac River. With Morris and Hamilton at the helm, things were going fabulously well.

In France, however, it was another matter. The year before, in 1789, the Illuminati had financed a meeting of provincial representatives who had been either named or elected in order to draw up lists of grievances in view of bringing them to the King’s attention. When they congregated in Versailles, the clergy and nobility refused to sit in the same room with them. Mirabeau, a great orator, then convinced the people’s representatives to hold a meeting of their own. Naturally, when they declared their body to be the official government of France, the King sent in the National Guard to disband them. Mirabeau then seized the moment, stood up to the sergeants, and the assembly refused to disperse.

Planned famines continued to undermine major French cities, and the Illuminati were using the Palais Royal, the Paris residence of the King’s cousin, the Grand Master of the Orient of France, Louis Philippe d’Orléans, as their center of operations. The courtyard was a meeting place for all the hotheads, lowlifes and unsavory characters attracted by the firebrand speeches. In July of that year, a throng assembled in the courtyard, fired up by the speeches, went and stormed the Bastille, the much-hated royal prison. The prison governor was decapitated and his head was paraded through the streets of Paris.

A few weeks later a procession of very odd masculine ladies accompanied by Lafayette’s National Guard went to fetch the royal family in Versailles. Oddly, the royals were brought back to Paris without any intervention on the part of Lafayette and his guard. The royals were put under house arrest, and the newly formed National Constituent Assembly had followed them to Les Tuileries in order to be at the center of power. Because the National Assembly had no source of revenue, its members immediately voted to confiscate and sell church property as planned. They voted to have assignats printed and sold for hard currency, and only those with assignats were to be allowed to buy the confiscated Church property put up at auction throughout France, just like Mayer had foreseen.

When the auctions got going Ouvrard’s agents were already in place and Johannot’s high quality counterfeit bills were ready to be circulated. A number of prestigious properties had already been bought by Mayer’s people. Ouvrard’s agents having unlimited amounts of assignats had no problem outbidding the French who were quite willing to wait and buy the properties for gold at a discounted price. Ouvrard was directed to ship the gold bullion to the Goldsmid Bros. in the City, in London. Francis Baring, the Chairman of the East India Company in Amsterdam, was charged with conveying the bullion to the Goldsmids, and always had a ship at the ready in Le Havre. The Goldmids soon became the most powerful bankers in England.

Gutle was greatly troubled by the counterfeiting operations, but she was happy to hear that the operation of stockpiling gold bullion in the City, as planned by Mayer, was going smoothly. She was especially relieved knowing that nobody would ever know what Mayer had done, and that most people would continue ignoring his existence. Some knew he was rich, but since he lived in a ghetto, they didn’t know what to make of it. It would have been a far reach for anybody to even think that Mayer controlled the monetary system of the United States of America. In time, the American politicians would question the bank’s origins and wonder who the owners were, but Mayer would maintain total anonymity. People ddn’t grasp that what was best for the bankers was also what was best for the people, and they tended to envy and even revile the bankers. However, since there was not much they could do if they didn’t know where to point the finger, that’s the way it would continue to be. As long as everybody was kept guessing concerning the working of the monetary system, and as long as Mayer did what was best for the country, the people would eventually and grudgingly accept the fact that it was the only way democracy could work without ever really understanding what democracy was.

25-WILHELMSBAD

 

Mayer didn’t want to scare his wife Gutle by telling her about the huge tract of land he had recently bought on the outskirts of Frankfurt. It was a parcel of around two hundred acres of forest and marshland to the north of the city, well beyond its walls. Now that Haym was more or less confirming what he already knew regarding America, it was obvious he would need more office space. As soon as the landscaping allowed it, he would go ahead with the building of a grandiose manor that would serve as his headquarters. The marshland would be transformed into a vast botanical garden, and he already had a name for the palatial structure to be built at the north end facing south. It would be called Green Castle. Officially, it would be Peter Heinrich von Bethmann’s residence, but unofficially, it’s where Bethmann would run Mayer’s banking operations. Mayer would keep the top floor of one wing for his personal use. The manor would be a perfect place to initiate his children to the world of finance and to the world of the goys. From the terrace of Green Castle there would be a panoramic view of huge stretches of lawn, trees, ponds and many exotic plants and animals, things that were completely foreign to the Judengasse ghetto. It would be a peaceful place where Gutle could go and enjoy the fresh air and the luscious green beauty with the children. He knew Gutle would find this private green paradise hard to resist once she was introduced to it. Above all, this property was subject to the authority of Prince Wilhelm, not that of the Frankfurt Council.

As expected, on a glorious spring day in 1782, Gutle was truly enjoying a picnic with her family on the grounds facing the newly-built Green Castle. A gentle brook was trickling down into a pond where the swans were slaloming around water lilies. Mayer was sitting by her side, her boisterous children were running around chasing the strange creatures that populated the marvelous gardens, and she was happy. However, even though Mayer owned the property, it was part of the goy world, a world that threatened her family.

Mayer is forever trying to reassure his worried wife. He tells her that though their children will know a different kind of world, the family’s roots are so deep, its values so time-honoured and its commitment to honesty so true, that the children will never forget their upbringing. The boys will become powerful men and live with goys, but they will always remember who they are and where they come from.

Gutle knows Mayer is right. Judengasse may be a narrow sunless street, but it is the artery that has brought life, love, and joy of living to them all. Nobody who has lived there can ever forget the bonds that holds the community together. But now that Mayer’s bank, the Bank of North America, had been accepted as the official bank of the United States of America, Gutle has even more reason to worry.

Mayer is more concerned with what is about to take place in Hanau. Prince William is hosting a meeting in Wilhelmsbad, and the participants are coming from all over Europe. The Illuminati, or Enlightened Ones as they like to call themselves, are preparing to free Europe from the yoke of the Holy Roman Empire. The Huguenots and the Sephardim in the City are apparently planning the destruction of the Ancien Regime of France, the cornerstone of that Empire.

After the Huguenots and Sephardim created the East India Company in 1600, they had immediately started undermining their enemy’s stronghold. In early 17th century, they decided to isolate the French King from Paris, the center of French political power, by financing the construction of the Chateau de Versailles. Now, a century later, they were getting ready to topple Louis XVI, and they needed a communications network on French soil. Since 1773, many Masonic Lodges had opened throughout France, and the City bankers had even recruited the king’s cousin, Louis Philippe d’Orléans, as Grand Master of the Grand Orient of France. At the Congress of Wilhelmsbad, the Illuminati’s intention was to have the French lodges break away from the Scottish rite in order to make them available to all faiths. Members had always been required to swear on the Roman Catholic bible in order to become a freemason, and they wanted to do away with that requirement. Prince William, a Calvinist, had embraced the idea, and had allowed them to hold a meeting in Wilhelmsbad, near Hanau.

Jean-Baptiste Willermoz, a very prominent and well-respected French Freemason, organized the meeting, but violent men like Adam Weishaupt also participated. Weishaupt was heard to say that his only hope was to one day see the last priest strangled with the guts of the last king left standing. This did not augur well for France who was the main target.

With the Scottish rite gone, the Illuminati would then start undermining the French political structures and force the absentee King in Versailles to agree to a Constitutional Monarchy like the one created in England a hundred years earlier. In order to separate Church and State, they would confiscate all Church property and sell it at auction instead of giving it to the aristocrats like Henry VIII had done in England. They had already recruited a very powerful individual by the name of Mirabeau, who just happened to be a physiocrat. Mirabeau believed like many French economists of the times that the wealth of nations was derived from the value of land. Benjamin Franklin had held similar ideas when Mayer had first met him, but his thinking had since changed.

Notes backed by Church property would be a huge success at the outset, but the bankers in the City as well as Mayer in Frankfurt knew that human nature being what it is, the people’s representatives would be inclined to print ever more notes based on that success. The Bank of England would then surely take advantage of the situation by dumping a gigantic number of counterfeit notes into the French economy in order to have the currency depreciate and bring down the regime. The bankers would then facilitate the creation of a Constitutional Monarchy with Louis Philippe d’Orléans as king, and Mirabeau as Prime Minister.

Mayer had good reason to believe what he was hearing, and he came up with a plan of his own. He would ask François, the silk manufacturer, who had been a very successful printer in Lyon before coming to Frankfurt, to meet with him. A few years back, his silk mill had not been doing all that well in Frankfurt, and Mayer had asked him to run the goldsmith house in Hanau. He had since taught gold engraving while working on stereotype printing in his spare time. Printing was his first love, and since he missed France, Mayer would offer him the opportunity to return to Lyon by giving him the necessary financing to start his own printing house.

If the Bank of England could print counterfeit French notes, so could Mayer. If François returned to France and started his printing business in the immediate future, he would be ready to print the counterfeit notes in tandem with the new government when created. Having perfected a wet mat method for creating matrixes for stereotype printing and having access to the same paper as the one that would be used by the new government through Julien Ouvrard, he would be able to produce quality notes many times faster at a fraction of the cost.

Gutle was shocked to hear she was about to become a counterfeiter’s wife, and Mayer was quick to explain that his action wouldn’t hurt anybody. He wouldn’t be taking property from anyone, for the properties would already be confiscated. All Mayer would be doing is buying the confiscated properties at auction with counterfeit notes and selling them back to anxiously waiting Frenchmen for gold. The English bankers’ main objective was to destroy France in order to destroy the Holy Roman Empire. Mayer wanted to have enough gold to take control of the Bank of England in order to create more democracies and have America, France, England and the rest of Europe trade fairly and freely with each other. Mayer’s action would not hurt France, on the contrary, he would turn France into a democracy and he would do it in total anonymity.

Mayer added that he was an Ashkenazi first and a banker second, and though he was very rich, he hadn’t changed as a person. He was still Mayer, the happiest man alive, and it was not due to his business activities, but rather to his family. He admitted his ego did influence his business persona, for it was only natural to be proud. After all, he had devised a way to take over the Bank of England.

French-speaking agents, Huguenots all, recruited in England, the Netherlands and Germany would use the new Masonic Lodges in the various French communities as their base in order to communicate with Julien Ouvrard and François Johannot using the dependable and safe Thurn and Taxis mail service. Speaking French and having an unlimited supply of notes, the agents would easily outbid everybody as the properties came up on the auction block. The properties would be immediately flipped to waiting buyers for gold, and the law firm of Jean-Jacques Cambacérès would do the necessary title transfers. Ouvrard, a young financial wizard working in tandem with Cambacérès, would have the Thurn and Taxis immediately transport the gold bullion down the Seine to a waiting ship in Le Havre headed for London. With the properties being the choicest in the world and the French currency depreciating at a rapid rate, wealthy Frenchmen would want to invest in real estate directly and thus bypass the worthless yet very expensive government Assignats. Mayer expected to have accumulated several thousand tons of gold by the time it was all over. The agents, Cambacérès and Ouvrard would all be compensated beyond their wildest dreams, and the gold bullion transported by Thurn and Taxis would be sure to reach the vaults of the Goldsmid Bros. in the City, in London.

Mayer would not be involved directly, and the French authorities wouldn’t know which way to turn, especially with the English bankers flooding the market with their own counterfeit notes. Within two or three years, Mayer expected to have accumulated more gold than any other individual in the world. In a few years’ time, Nathan would replace the Goldsmid Bros. and personally take charge of things in the City.

Gutle wondered what the City was, and Mayer was more than willing to explain. He told her that, in 1694, the Jewish and Huguenot bankers, in wanting to be completely independent of the English Government, had taken over the City. The City was a financial district on the banks of the Thames and had the status of a territory. It had its own administration and was off limits to English authority. It was unassailable financial ground from which Nathan would soon launch international banking.