“Very pleased we have entered into relations again with American Government” -Rothschilds, 1878
For most, the events and concerns of the present day are a Gordian knot of impenetrable confusion. Schools, the mass media and our own politicians appear to do all they can to add to the muddle by not informing the public of our own history. This writer ascribes it to widespread ignorance, not to any conspiracy on the part of the airheads in media and politics. We’ve all slept through history, now we must do our best to wake each other up.
In a 1787 letter to Thomas Jefferson, John Adams said:
“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.”
Our downright ignorance is killing us and others around the world. In a small effort to dispel a tiny bit of ignorance, please bear with me while I attempt to untangle a part of the knot.
In 1878, the Rothschilds were back in business with the US government (after having been chased out of DC by Andrew Jackson in the 1830’s), as detailed by this cable discussing the Rothschild refinancing of American debt:
Messrs. Rothschild & Sons to Mr. Sherman.
Hon. John Sherman,
Secretary of the Treasury, Washington D. C.:
Very pleased we have entered into relations again with American Government. Shall do our best to make the business successful.
We’ve now established that the Rothschilds “entered into relations” with the US government in 1878.
Less than 20 years later, in Feb. 1895, the Rothschilds stepped in to save a floundering US Treasury, a floundering that they no doubt helped along, because that’s how the mindset of a loanshark operates:
This agreement entered into this eighth day of February, 1895, between the Secretary of the Treasury of the United States, of the first part, and Messrs. August Belmont and Company, of New York, on behalf of Messrs. N. M. Rothschild and Sons, of London, England, and themselves, and Messrs. J. P. Morgan and Company, of New York, on behalf of Messrs. J. S. Morgan and Company, of London, and themselves, parties of the second part.
Witnesseth: Whereas it is provided by the Revised Statutes of the United States (section 3700) that the Secretary of the Treasury may purchase coin with any of the bonds or notes of the United States authorized by law, at such rates and upon such terms as he may deem most advantageous to the public interests; and the Secretary of the Treasury now deems that an emergency exists in which the public interests require that, as hereinafter provided, coin shall be purchased with the bonds of the United States, of the description hereinafter mentioned, authorized to be issued under the act entitled “An act to provide for the resumption of specie payments,” approved January 14, 1875, being bonds of the United States described in an Act of Congress approved July 14, 1870, entitled “An act to authorize the refunding of the national debt.”
Now, therefore, the said parties of the second part hereby agree to sell and deliver to the United States three million five hundred thousand ounces of standard gold coin of the United States, at the rate of $17.80441 per ounce, payable in United States four per cent thirty-year coupon or registered bonds, said bonds to be dated February 1, 1895, and payable at the pleasure of the United States after thirty years from date, issued under the acts of Congress of July 14,1870, January 20, 1871, and January 14, 1875, bearing interest at the rate of four per cent per annum, payable quarterly.
First.—Such purchase and sale of gold coin being made on the following conditions:
(1) At least one-half of all coin deliverable hereinunder shall be obtained in and shipped from Europe, but the shipments shall not be required to exceed three hundred thousand ounces per month, unless the parties of the second part shall consent thereto.
(2) All deliveries shall be made at any of the subtreasuries or at any other legal depository of the United States.
(3) All gold coins delivered shall be received on the basis of twenty-five and eight-tenths grains of standard gold per dollar, if within limit of tolerance.
(4) Bonds delivered under this contract are to be delivered free of accrued interest, which is to be assumed and paid by the parties of the second part at the time of their delivery to them.
Second.—Should the Secretary of the Treasury desire to offer or sell any bonds of the United States on or before the first day of October, 1895, he shall first offer the same to the parties of the second part; but thereafter he shall be free from every such obligation to the parties of the second part.
Third.—The Secretary of the Treasury hereby reserves the right, within ten days from the date hereof, in case he shall receive authority from Congress therefor, to substitute any bonds of the United States, bearing three per cent interest, of which the principal and interest shall be specifically payable in United States gold coin of the present weight and fineness for the bonds herein alluded to: such three per cent bonds to be accepted by the parties of the second part at par, i. e.: at $18.60466 per ounce of standard gold.
Fourth.—No bonds shall be delivered to the parties of the second part, or either of them, except in payment for coin from time to time received hereunder; whereupon the Secretary of the Treasury of the United States shall and will deliver the bonds as herein provided, at such places as shall be designated by the parties of the second part. Any expense of delivery out of the United States shall be assumed and paid by the parties of the second part.
Fifth.—In consideration of the purchase of such coin, the parties of the second part, and their associates hereunder, assume and will bear all the expense and inevitable loss of bringing gold from Europe hereunder: and, as far as lies in their power, will exert all financial influence and will make all legitimate efforts to protect the Treasury of the United States against the withdrawals of gold pending the complete performance of this contract.
In witness whereof the parties hereto have hereunto set their hands in five parts this 8th day of February, 1895.
J. G. Carlisle,
Secretary of the Treasury
August Belmont & Co.,
On behalf of Messrs. N. M. Rothschild & Sons, London, and themselves
J. P. Morgan & Co.,
On behalf of Messrs. J. S. Morgan & Co., London, and themselves
W. E. Curtis
Francis Lykde Stetson
Of course, less than 20 years after “saving” the US Treasury, the Rothschilds, through their proxy Paul Warburg of Kuhn, Loeb and Co., established the Third National Bank of America, known to us as the Federal Reserve.
In the 130+ years of making this business successful, we’ve seen the imposition of the Federal Reserve and its privately issued scrip, The IRS, the rise of the Military-Industrial Complex, numerous international wars and “police actions” and a host of other evils and ills that can be directly laid at the feet of private banking interests and their all too willing minions in our political and industrial classes. Greed is the root of all evil. This truth never changes.
Any change in this situation is not possible until a critical mass of thinking Americans are able to understand their own history and accept the fact that our entire economic lives have been spent in service to a tiny cartel of moneylenders. Until then, all the folderol about “campaign finace reform”, Republican vs. Democrat, conservative vs. liberal, environmental improvement, etc., is just that – folderol.
In closing, let’s have a look at JP Morgan’s take on the loan of 1895:
“On February 20, 1895, J.P. Morgan & Co. led a bond offering that helped rescue the United States from a severe two-year economic depression.”
Look at the 1895 contract again. The Rothschilds were first billing, JP Morgan second billing. Yet according to Morgan’s own history, they led the bond offering.
Moneylenders, agents of arrogance and cupidity that they are, lie about everything. Even their own history.