“I have two great enemies, the Southern Army in front of me & the financial institutions at the rear, the latter is my greatest foe. Corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.” – Abraham Lincoln, 16th President of the United States
The United States of America is a very unique country, her quick rise to power and immense influence in the world is unprecedented in human history. The rise of the US is filled with meddling of European powers and full of conspiracies, especially the infiltration by the international bankers.
Democracy is designed and implemented to defend against feudalism and dictator, it has achieved incredible success in this regard, however, democracy has no immunity for a new breed of fatal virus, the power of money. Democracy has no defense against the international bankers, the bankers take control of countries by taking control of their money. The “Super Money Banker Group” and the democratically elected US government fought against each other fiercely before and after the civil war. During this period of over 100 years, 7 US Presidents were assassinated (some unsuccessfully), numerous Congressman were killed. As historians has pointed out, US President’s death rate is higher than the front line troops during World War 2.
1. Assassinating President Lincoln
After 4 long years of hard fighting and cruel civil war, President Lincoln received news of the surrender of the South. What a relief! April 14th, 1865, a Friday night, Lincoln sat in the Ford theater to watch a performance. 10:15pm, a man quietly sneaked into the unguarded Presidential suite, he took out a hand gun, aimed at the back of Lincoln’s head and fired. US President Abraham Lincoln was pronounced dead early next morning.
The killer’s name is John Wilkes Booth, a famous actor at the time. After he killed Lincoln, he quickly escaped. On April 26th he was shot dead during his escape. In his belongings, contained many encrypted letters from Judah Benjamin, this Judah Benjamin, a Jew, was the Secretary of War and later Secretary of State for the south confederate states. He was a person of importance and power in the confederate state due to his relationship with the European bankers. Judah Benjamin later fled to England on a small boat. The assassination of Lincoln has been widely debated as a large conspiracy, that involved members of Lincoln’s cabinet, New York and Philadelphia bankers, powerful Southerners and Northern extremists.
The grand-daughter of the killer, Izola Forrester mentioned in her memoir, “Lincoln’s assassination is related to a mystery group from Europe. Before the assassination, Booth traveled to Europe at least once. Booth was very close with Judah Benjamin, and Judah is widely known as an agent of the Rothschild Family”.
To understand the true motives and conspiracies of Lincoln’s assassination, we must looked at it from a larger perspective, from the perspective of the war fought between the elected US government and the powerful bankers over the control of US currency, a war that has been fought since the founding of this country.
2. Control of currency and US war of independence
In almost all history textbooks, the US war of independence has been described as a clash of ideology, political and civil rights. We could also look from a different angle, to take a look at another important factor that caused this revolution.
The earliest people to arrive at the new world were very poor, they had no assets or money. At that time, no gold or silver mine has been found on the North American continent, therefore metal currency was scarce, plus trading with England has been a huge deficit, large amount of metal currency went to England, which made metal currency all the more scarce.
The huge amount of resources, products and services created by the American people was not able to be traded efficiently, this seriously held back the American economy. To combat this problem, people started to barter with goods, such as fur, tobacco, grain, corn and other goods. In North Carolina alone, 17 different goods were declared as “Legal Tender”. Government and private sector used these goods to pay debts, taxes, products and services. This ameliorated the currency crisis a bit, but still held back the economy.
The scarcity of metal currency and the impracticality of barter economy has forced the local government to “think outside the box”. They began to use a new currency, a paper currency, printed by the government, “Colonial” became the uniform and legal currency. The biggest difference between “Colonial” and European paper currency is that “Colonial” is not backed by gold, silver or any collateral, it is a currency based on the credit of the government. Every person needs to pay taxes, as long as the government accept its own paper currency, then it will work.
The new currency quickly boosted the economy, trading has prospered.
At the same period of time in England, Adam Smith noticed this exciting new currency, he realized the huge boost to business brought by this new paper currency. “With a well managed paper currency system based on credit, it will not have any inconvenience, only huge advantages over the old system.”
But, a currency without any collateral is the enemy of the bankers, without the collateral of government debt, governments would not need to borrow metal currency from the bankers, the bankers will be powerless.
When Benjamin Franklin visited England in 1763, the director of Bank of England asked him, why the colonies were so prosperous, Franklin replied: “It’s really simple, in the colonies we issue our own currency, called ‘Colonial’. We issue these currency in proportion to the needs of our business and industries, products are easily transferred from the manufacturers to the consumers. With this method, we create our own paper currency, guarantee its purchasing power, we (the government) do not needs to pay any interest to anyone.”
In short, This new currency will eventually cause the American colonies to be free from the control of Bank of England.
The British bankers were enraged, they made the British Parliament to pass a “Currency Act” of 1764, strictly prohibiting the American colonies to issue their own paper currency, and forced the local governments to use gold and silver to pay taxes to the British government.
Franklin described the effect of this new law, “within one year, the colonies situation was reversed, prosperity ended, recession began, the streets were filled with jobless crowds.”
“If England did not take away the colonies currency, the American people would probably gladly pay their taxes to the English Crown in tea, fur and some metal. This new law caused recession, joblessness and resentment. If the colonies can not issue its own currency, it will forever be controlled by the powerful bankers in England, this is the most important cause of the US War of Independence”.
The founding fathers of the United States have a very clear understanding of the danger posed by the powerful bankers and the unfairness of the system. The 3rd US President Thomas Jefferson said:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.” – Thomas Jefferson
After over 200 years, today we read these words of Thomas Jefferson, from 1791, we are amazed at the accuracy of his prediction and foresight. Today, the private organization “Federal Reserves” control the US currency and issue 97% of the US dollar, the American people owe 44 trillion dollar to the bankers, maybe one day they will lose their home, like what happened in 1929 (The Great Depression). Did the sub-prime crisis scare you? People are losing their homes at a unprecedented rate. This is only a start of things to come.
The founding fathers, with their wisdom and foresight, wrote these words into Article 1 Section 8 of the US Constitution: “Congress shall have the power to coin money.”
3. The first strike of the bankers: The First Bank of the United States, 1791-1811
“I believe that banking institutions are more dangerous to our liberties than standing armies. ” – Thomas Jefferson, 3rd President of the United States
Alexander Hamilton was a powerful figure, closely related to the Rothschild Family. He was born in the British West Indies, after he lied about his age, name and birth place, he came to the colonies and married to the daughter of a powerful family in New York. Based on the historical receipts in British museums, Hamilton accepted large sums of money from the Rothschild Family.
In 1780, Hamilton was appointed as the first Secretary of Treasury by Washington, Hamilton has always been a supporter of an US central bank system. In 1790, faced with the economical hardship and debt crisis after the War of Independence, Hamilton pressed the Congress to create a private central banking system similar to the Bank of England to issue currency. His main target is: a privately owned central bank, based in Philadelphia, have member banks all over the US, all currency and tax revenue must go through this banking system, this central bank is responsible for issuing currency to satisfy the economy expansion, loan money to the US government and charge interest (Federal Reserve Fund Rate). The bank have a starting fund of 10 million dollars, 80% privately owned, 20% owned by the US government. Board of Directors consist of 25 person, 20 nominated by the member Banks, 5 by the US government. Hamilton represents the interests of the elite, he once said “All societies are divided into the few and the many. The former are well educated and wealthy, the latter are the common people. The common people are easily swayed and moved, they rarely able to make the right judgment and decision.”
Thomas Jefferson represented the interests of the common people, his reply to Hamilton is: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”
December, 1791, Hamilton’s proposal was submitted for discussion in the Congress. The result, senate passed it by a slim margin, the House passed it 39 vs 20. At this time, President George Washington hesitated, he asked for advice from Secretary of State Thomas Jefferson and James Madison, they clearly stated that the proposal was in conflict with the constitution. The constitution empowered the Congress to issue currency, but did not empower the Congress to pass that right to any private bank. Washington was convinced, he decided to veto the Act. After hearing the news, Hamilton quickly went to Washington with his accounting records, he convinced Washington that without the private central bank (funded by foreign money), US government will soon bankrupt and collapse. Eventually, near term crisis won over long term consideration. On February 25th, 1792 Washington signed the first charter of “The First Bank of the United States“, valid for 20 years.
The bankers won their first major victory. In 1811, foreign funds own over 70% of the First Bank of the US, Nathan Rothschild and Bank of England was among the major share holders.
In 1781, the US government debt was only $56k, this includes $12k foreign debt and $44k domestic debt, but during the first 5 years of the new central banking system (1791-1796), US government debt has ballooned to $8.2 million dollars.
Hamilton eventually became very wealthy. His New York Manhattan Company became the first bank on Wall Street, in 1955 it merged with Rockefeller’s Chase Bank to become “Chase Manhattan Bank.”
In 1798, Jefferson said in regret: “I wish we could pass one more constitutional amendment, to take away to power of the federal government to borrow money.”
When Jefferson became the 3rd President of US (1801-1809), he tirelessly tried to abolish the First Bank of US, when 1811 the charter of the bank expired, the fight was fierce, House denied the renewal of the charter 65 vs 64, in the Senate it was 17 vs 17 tied. Vice President Clinton broke the tie with a Nay vote, the First Bank of US closed its doors on March 3rd, 1811.
At this time, Nathan Rothschild was in London and he was extremely angry, he threatened: “give the renewal (of First Bank of US), or the US will be faced with a devastating war.” The US government was not moved by the threat, Nathan quickly instructed the British Parliament “Teach the Americans a lesson.” A few months later, War of 1812 began, with British invasion and capture of Detroit. The war lasted 3 years, Nathan’s aim was clear, to drown the US government in war debt, then it will surrender and let the bankers keep running the central bank. Nathan succeeded, US government debt grew from $45 million to $127 million. US government gave up, the Second Central Bank was proposed and passed, the result is The Second Bank of United States (1816-1832).
4. The bankers strike again: The Second Bank of the United States (1816-1832)
“We must break the control of the banks over our people, or this control will break us (our country).” – James Madison (4th President of US) in a letter to Monroe (5th President of US)
The Second Bank of the US received another 20 years charter, this time the starting fund is raised to $35 million, still 80% privately owned, 20% government owned. Same as the first bank, Rothschild family still holds most of the power in the 2nd central banking system.
In 1828, Andrew Jackson ran for President, in a speech to bankers, he said:
“You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.” –Andrew Jackson, 1828 (to a group of investment bankers trying to persuade him to renew their central bank charter)
When Andrew Jackson became President in 1828, he decided to abolish the Second Central Bank. He pointed out “if the Constitution gave Congress the right to issue money, then it is meant for the Congress alone, not for the Congress to give the power to a private person of company.” In the 11000 employee federal government, he fired over 2000 employee that are related to the banks.
1832 was another election year, if Jackson win again, the Second Central Bank will surely be closed down during his office, everyone knew how the President felt about the Second Central Bank. To prevent this from happening, the bankers donated over $3 million to help Jackson’s opponent Henry Clay run his campaign, but Jackson’s election motto was “Say yes to Jackson, say no to the banks.” Jackson was re-elected in a landslide victory.
The renewal of charter for the Second Central Bank was passed by the Senate 28 vs 20, the House also passed it 107 vs 85, the Bank’s chairman Biddle did not take Jackson seriously, because he had the support of the Rothschild Family. When people talked about Jackson might veto the charter, Biddle said “if Jackson veto the charter, I will veto him.” Jackson vetoed the charter quickly and ordered the US treasury to withdraw all money from the central bank and deposit it in various state banks. On January, 8th 1835, Jackson repaid the last of the government debts, this is the first and only time when the US government had a debt of “0″, not only that, the government had over $35 million in surplus. Historians has called this “the greatest honor for a president, his most important contribution to his country.”
5. “The Bank is trying to kill me, but I shall kill it” – Andrew Jackson (7th President of US)
January 30th, 1835, when Andrew Jackson attended a funeral of a Senator. Richard Lawrence, a painter from England quietly followed Jackson, in his pocket he had two loaded hand guns. When Jackson passed by him, he took out his first gun and fired, but it misfired. He took out his second gun and fired, but it also misfired. (Historians has determined it was due to the extremely humid weather). Jackson came very close to become the first President to be assassinated.
The 32 year old assassin claimed he is the rightful heir of the English crown, that Jackson killed his father and denied him a big sum of money. The court determined Richard Lawrence was mentally ill and did not convict him.
After this, mentally ill has became the favorite excuse of murders.
Lets look back, on January 8th 1835, Jackson repaid the last of the government debt, on January 30th 1835, he was nearly assassinated. What a coincidence!
June 8th, 1845 Jackson passed away. On his tomb it said: “I killed the Bank.”
So the private central bank’s charter was abolished again, this has brought immediate backlash from England. England stopped all loans to the US, stopped supplying gold to the US. Second Central Bank Chairman Biddle has “vetoed” the President, the bank immediately recalled all loans, stopped making new loans to the government. Rothschild made almost all European banks to stop supplying gold to the US, the US was suddenly in a state of immense deflation. These events turned into the “Panic of 1837“, US economy went into a 5 year recession, the scale of this recession can only be matched by the 1929 “Great Depression”.
“Panic of 1837″, “Panic of 1857” and “Panic of 1907” proved once again that Rothschild family is living up to their beliefs: “Give me control of a nation’s money and I care not who makes the laws.” – Mayer Amschel Rothschild
6. The new war: “Independent Treasury System”
In 1837, when Jackson supporter Martin Van Buren became the 8th President of the US, his biggest challenge was to resolve the crisis caused by the Bankers, his strategy was to create a “Independent Treasury System”, taking control of the currency away from the private banking system. Historian called it the “Divorce of the Treasury and the Banks.”
The “Independent Treasury System” or “ITS” was created to abolish the unfair private banking system. Banks are essentially loaning money and charging interest to the people using the people’s tax dollars paid to the government. The system is highly profitable and flawless, for the Bankers. “ITS” demanded that all money that enter the system must be gold or silver, the government will then exert control over the supply of gold and silver. This strategy imho would be very beneficial to the people in the long run, but in the short term it made the situation worse, of course not without the meddling of the Bankers.
Henry Clay was a key figure. He is Hamilton’s disciple and a strong supporter of the private central banking system. He is the darling of the bankers. He is a good speaker, logical and charismatic. He gathered a group of Congressman (supported by the Bankers) and formed the Whig Party (Predecessor to the Republican Party). The Whig Party strongly opposed Andrew Jackson’s stance against the banks and worked tirelessly to re-establish the private central banking system in the US.
In the 1840 Presidential Election, the whig party’s candidate, war hero William Henry Harrison won and became the 9th President of US. Henry Clay thought of himself as the leader of the party and often “summoned” Harrison to tell him what to do. Clay and Harrison increasingly disliked each other, they disagreed on the central banking system, “ITS” and other issues. Henry Clay thought he could control Harrison, Clay even wrote the inaugural address for Harrison. Harrison refused Clay’s version and wrote his own 8000 word inaugural address. In this speech, Harrison strongly disagreed with Clay’s private central banking system and supported the “Independent Treasury System”. This made Harrison an enemy of the bankers.
On March 4th, 1841, President Harrison caught a cold. This normally should not be a problem for Harrison, whom served in the military for all his life and had a very strong healthy body. Strangely his condition quickly worsened, he died a month later on April 4th, 1941. How convenient for the bankers! Only a month ago, Harrison was the strong and healthy President who was going to fight the bankers. A month later, he was dead. Many historian believes that he was possibly poisoned.
Vice President John Tyler became the 19th President of the US. The fight between the bankers and the “ITS” became intensified after Harrison died. Henry Clay’s whip party in 1941 twice proposed to re-establish the private central banking system and abolish the “ITS”. President Tyler vetoed both proposals. The furious Henry Clay expelled Tyler from the whig party, President Tyler became the only President that was expelled from his party while in office.
In 1849, another whig party candidate Zachary Tayler won the election and became President. The banker’s dream of creating a private central banking system in the US seemed to be close to completion. This would mean that the bankers will control the fate of the country and its people. Knowing how Harrison died, Taylor was very careful when dealing with the bankers, but he was not going to be Henry Clay’s puppet. He privately told Clay, “re-establishing the Central Bank is a dead idea, I will not consider it during my office.”. But Taylor was wrong, it was not the idea that died, but President Taylor himself.
July 4th, 1850. President Taylor attended the 4th of July celebration at Washington Monument. The weather was hot, Taylor drank some milk, ate some cherries and suddenly became ill. On July 9th, 1850 Taylor died mysteriously.
How can such small illness kill two President, both came from military background and was very healthy. Historians debated endlessly on this issue. In 1991, after obtaining permission from Taylor’s family, President Taylor’s body was dug out from his grave, his nails and hair was examined in the labs, traces of poison was found. The US government quickly stopped the testing and concluded that the investigation was inconclusive, no one knew why there was poison in Taylor’s body.
Continue to Post 4: Civil War and Assassination of Lincoln
(Coming by March 15th, 2008)
Go to Index (an ordered index of all post in this series)
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I am looking forward to “Civil War and Assassination of Lincoln” unless the section “Assassinating President Lincoln” in the third post has already covered it.
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