Peabody opens business in Georgetown, D.C. as Peabody, Riggs & Company
operating the Georgetown Slave Market.
Heavy government borrowing
to finance the War of 1812 leads to a shortage of capital reserves in existing
banks which leads to the establishment of new banks, thus greatly expanding the
money in circulation.
Duke of Wellington's attacks and eventually forces
Napoleon Bonaparte to
abdicate. Louis XVIII is crowned King of France.
Napoleon Bonaparte is exiled to the
tiny island of Elba, off the coast of Italy.
Napoleon Bonaparte escapes
exile and assembles an army which the Duke of Wellington defeats in less than
90 days later at Waterloo. Nathan Mayer
Rothschild sends a trusted courier, Rothworth, to Waterloo where he stays
on the edge of the battlefield. Once the battle appears decided, Rothworth
crosses the Channel, and delivers the news of Wellington's victory to Nathan
Mayer Rothschild a full 24 hours before Wellington's own courier.
Nathan Mayer Rothschild hurries to the London
Stockmarket and stands in his usual position. All eyes were on him as the
Rothschilds had a legendary communications network. Nathan Mayer Rothschild
stood there looking forlorn, suddenly started selling. The other traders
believed that this meant he had heard that Napoleon Bonaparte had won so they all
started selling frantically. The market subsequently plummets as
everyone is selling their Consuls (British Government Bonds).
Mayer Rothschild secretly started buying them all up through his agents on the
floor, for a fraction of what they were worth only hours before. A lot of these
consuls are converted to Bank of
This is how Nathan Mayer Rothschild takes control of
the Bank of England and the
British money supply.
Rothschild marries Hannah Barent-Cohen and is related by marriage to
Karl Heinrich Marx.
Mayer Rothschild openly bragged that in his 17 years in England he had
increased his initial £20,000 stake given to him by his father, 2500
times to £50,000,000.
"If you will look
back at every war in Europe during the Nineteenth Century, you will see that
they always ended with the establishment of a 'balance of power.' With every
re-shuffling there was a balance of power
in a new grouping around the House of Rothschild in England, France, or
Austria. They grouped nations so that if any king got out of line a war
would break out and the war would be decided by which way the financing went."
- Stuart Crane
"Economics Professor Stuart Crane notes that there are
two means used to collateralize loans to governments and kings. Whenever a
business firm borrows big money
its creditor obtains a voice in management to protect the investment. Like a
business, no government can borrow big money unless willing to surrender to the
creditor some measure
of sovereignty as collateral." - Gary Allen
Peabody, Riggs & Company
move to Baltimore where they operated from 1815 to 1835.
George Peabody finds himself increasingly
involved with business originating from London, and in 1835, he established the
firm of George Peabody & Company in London.
Nathan Mayer Rothschild
funds George Peabody's ascension into London society.
George Peabody operates in stock markets with a
half million lb on hand, and became very astute in buying and selling on
both sides of the Atlantic. Junius Spencer
Morgan, father of John
Pierpont Morgan, acts as George Peabody's American agent.
George Peabody later concieves of the idea of
tax-exempt charitable foundation by founding the Peabody Fund established in
1867 with $2 million . The Peabody Fund was established to provide money for
construction, endowments, scholarships, teacher and industrial education for
newly freed slaves. The Fund would seek locations where there were sufficient
numbers of students and cooperative public officials who would combine the
relatively small grant with tax money to build the school. Northern
merchantilists wanted to industrialize the South.
George Peabody is succeeded by
Junius Spencer Morgan.
Junius Spencer Morgan expands the firm's
activities by shipping large quantities of
railroad iron to the US from England.
1816 This unregulated expansion
leads Congress in to pass a bill permitting yet another privately owned central
bank to regulate the money supply. This bank
is called the, "Second Bank of the US," and it's charter is a carbon copy of
its predecessor, the First Bank of the US. The US government would once again
supposedly own 20% of the shares of the bank.
The Second Bank of the US
calls a halt to the expansion of the money supply
and launches the painful process of contraction which in turn creates the Panic
1819 Marks the end of the economic expansion that had following the War
of 1812. The first major financial crisis in the US after the depression of the
late 1780s results in widespread foreclosures, bank failures, unemployment, and
a slump in agriculture and manufacturing.
Talley stick is taken out of circulation in England.
1828 Opponents of this central bank nominated Senator Andrew
Jackson of Tennessee to run for President. To illustrate how deep this cancer
is rooted in government, Andrew Jackson fires 2,000 of the 11,000 employees of
the US government.
1832 Second Bank of the US,
asks Congress to pass a renewal of the bank's charter,
four years early. Congress complies and sends the bill to Andrew Jackson for
Andrew Jackson vetoes the bill. Congress is unable to override
Andrew Jackson's veto. Andrew Jackson stands for re-election and for the first
time in American history he takes re-election campaign on the road. His
campaign slogan is, "Jackson And No Bank!"
Andrew Jackson appoints Roger B. Taney as Secretary of State for the Treasury,
with instructions to start removing the government's
deposits from the Second Bank of the
US. Andrew Jackson's previous two Secretaries of State for the Treasury,
William J. Duane and Louis McLane had both refused to comply with Andrew
Jackson's request and were fired as a result. However the head of the Second
Bank of the US, Nicholas Biddle, uses his influence to get the Senate to reject
Roger B. Taney's nomination and even threatens to cause a depression if the
Bank is not re-chartered.
"This worthy President thinks that because he
has scalped Indians and imprisoned judges, he is to have his way with the Bank.
He is mistaken."- Nicholas Biddle
Nicholas Biddle then went on to
brazenly admit that the central bank was intending to make money scarce in
order to force the hand of Congress into re-chartering the bank.
Nicholas Biddle makes good on his word, and the Second Bank
of the United States, sharply contracts the money supply by calling in old
loans and refusing to issue new ones. A financial panic ensued.
fall of 1833 the removal of the deposits was made, and the Panic of 1834
followed. The bank, by October, 1834, had contracted it circulation nearly 20
per cent. When its attempt to coerce a restoration of the deposits and a
renewal of the charter
failed it commenced an expansion. The great expansion produced the disastrous
excesses of 1835 and 1836. The bank is justly responsible for the for the whole
amount of the expansion from the lowest point of contraction in 1834." - Samuel
1835 Congress assembles what is
called the, "Panic Session," and on March 27 Andrew Jackson is officially
censured by Congress for withdrawing funds from the Second Bank of the US, in a
vote which passed the Senate by 26 to 20.
Nicholas Biddle had been
caught boasting in public about the bank's plan to crash the American
economy. In a complete about turn on
April 4, the House of Representatives voted 134 to 82 against re-chartering the
Second Bank of the US. A special committee was established to investigate
whether the Second Bank of the US had caused the crash. When the investigating
committee arrived at the bank's door in Philadelphia with a subpoena
authorizing them to inspect the books, Nicholas Biddle refused to give them up,
or allow inspection of correspondence with Congressmen relating to their
personal loans and advancements he had made to them. Nicholas Biddle also
refused to testify before the committee back in Washington.
1836 Charter for the Second Bank of the US expires, and the
bank ceases functioning as America's central bank. Nicholas Biddle is later
arrested and charged with fraud. Nicholas Biddle was tried and acquitted but
died in 1844 still battling civil suits.
1837 Bank of England increases the interest rate paid to
depositors effectively curtailing
investment in America in response to Andrew Jackson refusing to
renew the central bank
charter. Lack of liquidity in the
credit market due to the withdrawal of funds creates the Panic of 1837. Out of 850 banks in the US,
343 closed entirely, 62 failed partially, and the system of state banks
received a shock from which it never fully
Contraction of the currency immediately
"The Panic of
1837 was aggravated by the Bank
of England when it in one day threw out all the paper connected with
the US." - Henry Clews
There was no expansion of the currency after
1837 until the discovery of the gold
mines of California in 1849 and the silver mines in Nevada in 1859.
Brown Brothers withdraw
from most of its lending business. They chose to focus solely on currency
exchange and international trade.
Jackson pays off the final installment of the national
debt. Richard Lawrence attempts to shoot
Andrew Jackson, but both pistols misfire. Richard Lawrence openly
bragged that powerful people in Europe hired him and promised to protect him.
Richard Lawrence is found not guilty by reason of insanity.
1850 State banks again began to expand, and once more America
had fair prices for produce and prosperous times. The expansion continues until
1857. There was no inflation, the
currency was not in excess of the legitimate needs of business and prices were
not too high.
Jacob (James) Rothschild in France is said to be worth 600
million francs, which at the time was 150 million francs more than all the
other bankers in France put together.
Creditanstalt-Bankverein founded by Anselm Salomon Freiherr von Rothschild to
finance industrialization projects in the
Austrian Empire primarily in
the field of railroad construction
(Lombardian-Venetian state-owned railway) and the iron industry (Prague Iron
"From the time I took office as Chancellor of the
Exchequer, I began to learn that the State held, in the face of the Bank and
the City, an essentially false position as to finance. The government itself
was not to be a substantive power, but was to leave the Money Power supreme and
unquestioned." - William Gladstone
Between 1854 to 1864,
the Rothschilds furnished in
loans, $200,000,000 to England, $50,000,000
$40,000,000 to Prussia, $130,000,000 to
France, $50,000,000 to
Russia, $12,000,000 to
Brazil, in all
$482,000,000. Panic of 1857 New York City branch of
the Ohio Life Insurance and Trust Company fails when the Bank of England
called all loans to British investors in American banks.
fell with the end of the Crimean War and
Russian re-entry into
global markets and
land speculation based on forecasts
of new railroads collapsed. More than 5,000 American businesses failed within a year.
(The Crimean War was fought from October 1853 to February 1856 in which
the Russian Empire lost to an alliance of the Ottoman Empire, France, Britain
and Sardinia. The immediate cause involved the rights of Christian minorities
in the Holy Land, which was a part of the Ottoman Empire. The French promoted
the rights of Roman
Catholics, while Russia promoted those of the
The Bank of
England lends George Peabody &
Company £ 5,000,000 during the Panic of
American Civil War begins at
Fort Sumter, South Carolina, after South Carolina leaves the Union. Slavery
has always been cited as the cause of the war but this was simply not the case.
"I have no purpose directly or indirectly to interfere with the
institution of slavery in the state where it now exists. I believe I have no
lawful right to do so, and I have no inclination to do so. My paramount
objective is to save the Union and it is not either to save or destroy slavery.
If I could save the Union without freeing any
slave, I would do it." -
Southern States were in a dire economic situation due to the actions of the
Northern States. Northern industrialists had used trade tariffs to prevent the
Southern States from buying cheaper European goods.
Europe subsequently retaliated by
stopping cotton imports from the South. The South was being forced to pay
more for goods while having their income slashed.
"The division of the
US into federations of equal force was decided long before the
Civil War by the high financial powers of
Europe, these bankers were afraid that the United States if they remained as
one block and as one nation, would attain economic and financial independence
which would upset their financial domination over the world. They foresaw
tremendous booty if they could substitute two feeble democracies, indebted to
the Jewish financiers, to the vigorous Republic, confident and self-providing.
I fear that Jewish Banks with their craftiness and tortuous tricks will
entirely control the exuberant riches of America, and use it to systematically
corrupt modern civilization. The Jew will not hesitate to plunge the whole of
Christendom into wars and chaos, in order that the earth should become the
inheritance of Israel." - Otto Von Bismark stated as Chancellor of Germany
(1871 - 1890)
Only months after the first shots are fired in South
Carolina the soulless central bankers loan Napoleon III of France (the nephew
of Napoleon Bonaparte ), 210
million francs to seize Mexico and station troops along the Southern border of
the US, by taking advantage of the American
Civil War to return Mexico to colonial rule.
This was in
violation of the, "Monroe Doctrine," which was issued by
President James Monroe during his
seventh annual State of the Union address to Congress, in 1823.
return, the US planned to stay neutral in wars between European powers and in
wars between a European power and its colonies. However, if these latter type
of wars were to occur in the Americas, the US would view such action as hostile
While the French were breaching the,
Monroe Doctrine in Mexico, the
British followed suit by moving 11,000 troops into Canada and positioning them
along the Canadian border.
Österreichische Boden-Credit-Anstalt founded entirely independent from
government. Austrian central bank policymakers are unhappy with the premium
which has to be paid when exchanging Austrian banknotes for silver.
1864 Anglo-Oesterreichische Bank
founded. During the "Grundentlastung," many members of the high nobility had a
substantial amount of liquid funds at their disposal and were became the major
shareholders many of the new joint stock corporate banks. These banks made the
financial resources of the Viennese financial center increase rapidly.
Anglo-Oesterreichische Bank is given the sole right to increase
currency and requires the Austrian government to
a futures contract that
securitizes the debt with bonds that bear interest after term.
Austrian government relies on this to continue to fund the war.
1866 Alexander II of Russia narrowly
escaped an assassination attempt in the city of Kiev and Ferdinand Cohen-Blind
fails to assassinate Otto von
Bismarck in Unter den Linden in Berlin. On June 14 the Austro-Prussian War
Due to a breach of the provisions of the sole currency issuing
right the government is obliged to pay compensation in the form of interest.
Panic of 1873
9th, 1873 Two dozen insurance undertakings
go into liquidation or became bankrupt
with the meltdown of the Vienna Stock Exchange in Austria.
Speculation on future trade,
previous debt amassed fighting the
Austro-Prussian War, and large expenditures on the World
Exposition held in the
Austrian-Hungarian capital of Vienna create the failure.
September 19, due to the meltdown of the Vienna Stock Exchange,
Jay Cooke, a major component of the
American banking establishment, is unable to market several million dollars in
Northern Pacific Railroad bonds which precipitates bankruptcy.
Panic sweeps the
New York Stock Exchange precipitating the
Panic of 1873.
Although the American
branch of Jay Cooke goes
bankrupt - the London branch suffers no ill effects.
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perspective with which to engage reality to which its author adheres. The
author feels that the falsification of reality outside personal experience has
forged a populace unable to discern propaganda from reality and that this has
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agents who wish to foist a corrupt version of reality on the human race.
Religious intolerance occurs when any group refuses to tolerate religious
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This web site marks the founding of a system of philosophy named The Truth of
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buildings and in which each and every individual is encouraged to develop a
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spelled out in detail on this web site by the author. Violent acts against
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This web site in no way condones violence. To the contrary the
intent here is to reduce the violence that is already occurring due to the
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international corporate cartel already controls the world economic system,
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and is responsible for the collapse of morals, the elevation of self-centered
behavior and the destruction of global ecosystems. Civilization is based on
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social mores and values have declined precipitously over the last century as
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by pressing emotional buttons which have been preprogrammed into the population
through prior corporate media psychological operations. The results have been
the destruction of the family and the destruction of social structures that do
not adhere to the corrupt international elites vision of a perfect world.
Through distraction and coercion the direction of thought of the bulk of the
population has been directed toward solutions proposed by the corrupt
international elite that further consolidates their power and which further
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