ALL WARS ARE DEBT-FINANCED
May 10, 2013
by: Dane Phillips
Why was the American Civil War fought? For most of us, the answer would clearly be over slavery – right? The truth is, the issue of slavery was a front, a way to mask and deflect attention away from the real reason the war was fought – monetary policy.
John Adams clearly understood the lack of knowledge regarding basic monetary policy. Knowledge comes first – understanding follows. The rank in file citizen wasn’t even paying attention. Adams knew it – the nation was asleep in the light of liberty:
“All the perplexities confusion and distress in America arise not from defects of the Constitution, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation.” —John Adams
HISTORY REPEATS ITSELF
Was it not Benjamin Franklin, who stated that the primary reason for the Revolutionary war was the inability of the Colonists to get the necessary power to issue their own money permanently out of the hands of George III and the international bankers?
satan (never capitalize his name), a master of deceit, has given us amusements in order to create distraction, so as to divert our attention from the fact that he exists to destroy all of mankind – including you – get it?
Wars are fought because a chosen select cadre of elite families who carry the embedded luciferic bloodline force governments to borrow vast sums of money at interest, thus creating an unimaginable amount of debt. Again, governments do not go to a designated savings account and withdraw the required capital to finance their conflicts – they borrow the money from the reptilian bloodline. All wars are debt-financed.
ALL WARS ARE BANKERS’ WARS
If ever there was a plot to enslave us all, this is their core monetary plan:
To change the world’s financial system by way of privately owned and controlled centralized banking.
The following excerpt, with added quotes, from the book, Battle Hymn: Revelations of the Sinister Plan for a New World Order gives you an insight into the money and monetary policy that led up to and set the stage for the American Civil War.
THE AMERICAN CIVIL WAR
“The world is governed by very different personages from what is imagined by those who are not behind the scenes.”—Benjamin Disraeli (1st Prime Minister of England), in a novel he published in 1844 entitled, Coningsby or The New Generation
“The few who understand the system, will either be so interested from its profits or so dependent on its favors, that there will be no opposition from that class. While on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages…will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests.”—Rothschild Brothers of London communiqué to associates in New York, June 25, 1863
The fierce division between North and South in the mid 19th Century clearly was heading toward conflict. Knowing this, a meeting in London of the International Banking Syndicate concocted a strategy of divide and conquer.
A war would force the federal government to spend vast sums of money, therefore borrowing at interest and creating debt. The plan further had provisions for a possible Southern victory and independence, in which case, individual Southern states would receive their own European-controlled banks. These states in turn could be instigated into wars with one another, creating more loans and debt.
It was nothing short of a roadmap for fracturing, fragmenting and destroying the United States through the chaos of war. From his perch in the Prussian chancellorship, Otto von Bismarck saw the plot clearly: “The division of the United States 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 in one block and as one nation, would attain economic and financial independence, which would upset their financial domination of the world. The voice of the Rothschilds prevailed.”
American businesses, North and South, had been penetrated by the Rothschilds well before the Civil War. Nathan Rothschild purchased major cotton exports from the South for his English textile business. At the same time, he made loans to several states in the North and for a time was an official banker of the US government.
The complete story of Rothschild complicity in the start and prosecution of the Civil War never will be known, because the private family correspondence between 1854 and 1860, especially those letters emanating from London, is missing. According to Rothschild biographer Niall Ferguson, the letters deliberately were destroyed by subsequent senior partners in the family firm in London.
In any case, it is clear that the foreign bankers took advantage of the economic friction between the North and South. The Southern businessmen rankled at the stiff tariffs on European imports that were imposed by Congress at the behest of Northern manufacturers. European businesses retaliated by ceasing to import cotton from the South, which heightened the economic hardships there. When the Southern states seceded, a federal naval blockade strangled all Confederate imports and exports.
Seven years before the opening guns fired on Fort Sumter, a surgeon and writer named Dr. George Bickley founded the first chapter of the Knights of the Golden Circle (KGC) in Cincinnati, Ohio. Comprising mostly local Freemasons, the society patterned itself on Masonic lodges in its organization and its rituals. Initiates were sworn to secrecy.
Bickley’s dream was to found a circular empire encompassing the southern US, Cuba, Mexico, Central America and the West Indies. His “Golden Circle” would be a bastion of slave labor to create a monopoly on cotton, tobacco, sugar, coffee and rice production.
Financial support for the KGC came from the American Colonization and Steamship Company in Veracruz, Mexico, which was capitalized for $5 million despite the fact that Bickley had no visible personal fortune. Who were Bickley’s benefactors?
Bickley’s ties to England are undeniable. He claimed to be a University of London graduate and after the Civil War he lectured in England. But by 1860, he had made remarkable progress in building the KGC society to a membership of more than 65,000 “Knights.”
The KGC by this time was headquartered in San Antonio, Texas, where Bickley hoped soon to march his Knights into Mexico. But, he said, if Abraham Lincoln were to win the 1860 presidential election, he would order a march on Washington instead.
Bickley’s Knights actually made two abortive invasions of Mexico that spring. Each failed miserably when Bickley didn’t send reinforcements and supplies. The following year, with the beginning of the Civil War, Bickley’s Knights passed into the Confederate Army as an organizing command force.
He also had plans to create a Northern Confederacy by utilizing his Knights in Michigan, Ohio, Indiana, Minnesota and Illinois (which boasted an amazing 20,000 KGC members) to seize federal arsenals and take control. The state governments took the threat seriously enough to indict 60 KGC members in Indiana for treason. Although they were eventually released, the federal government was thereafter attentive to KGC plots.
President Abraham Lincoln during the Civil War enacted all the emergency powers available to his office in the US Constitution, including the suspension of habeas corpus. In the course of the war, more than 13,000 citizens — businessmen, local politicians, newspaper editors — went to prison without trial on charges of treason or simple “disloyalty.” Lincoln’s political opponents accused him of using the KGC threat as an excuse to create a dictatorship.
The emergency legal statutes finally ensnared Bickley in 1863, when he was arrested on charges of spying in Indiana. He was released only after the war’s end in 1865 and died two years later. But the KGC lived on after the war, going underground as the Ku Klux Klan.
When the Civil War began, France and England were quick to see opportunities for renewing their power in North America. Britain sent an additional 11,000 troops to Canada, positioning them along America’s northern border, and Canada became a hotbed of Confederate agents. The British fleet went on alert, in case it would have to quickly intervene.
Napoleon III of France, after receiving a loan of 210 million francs from the central bankers of Europe, sent a French army to Mexico, and installed a puppet, Archduke Maximilian of Austria, as emperor. Maximilian promptly arranged for transportation of vital supplies to the Confederacy through Texas, circumventing the federal blockade.
French and British troops stationed on the northern and southern borders of the US were ready to move when the warring sides exhausted themselves. The central bankers of Europe hoped that a weakened America would allow them to circumvent the Monroe Doctrine and reopen the Central and South American territories to be looted by them.
Lincoln parried this threat in a piece of political genius, issuing the Emancipation Proclamation on January 1, 1863. The document, which declared all slaves in the Confederacy to be free men, cut the legs from beneath the British and French interests by making slavery the central issue of the war. The populations of both countries were fiercely opposed to slavery, that institution having been abolished in France and England nearly three decades earlier.
But the danger still existed that the governments of France and England might diplomatically recognize the Confederate government and attempt to ship supplies through the Union blockade. It was one of several schemes the two countries had plotted against other nations, and one of the plots — instigating a war that would allow them to divide up the Russian empire — came to the ears of Czar Alexander II.
Already a supporter of the Union cause in the Civil War, Alexander sent two Russian fleets to the United States in late1863 — one anchored off Virginia and the other moored in San Francisco harbor — to threaten any French or British naval intervention. Britain and France remained neutral.
In the meantime, prosecution of the war created the necessity to impose the first income tax in American history. By 1862, there was a five percent tax on all income of more than $10,000. But this would prove insufficient to meet the spectacular costs of the war, so in 1862 Lincoln instructed the US Treasury to print paper money. The Treasury did this without charging interest, Lincoln stating that government “need not and should not borrow capital at interest.”
An estimate made much later in 1910 put the total cost of the American Civil War at an incredible $12 billion, a figure that would amount to many trillions in modern terms. The federal government at first sought to borrow from the European bankers, who, sensing their opportunity to ruin America, charged outrageous interest fees of between 24 and 36 percent. Lincoln refused to borrow under such extreme conditions, and instead tabbed Colonel Dick Taylor of Chicago to take charge of financing the war.
Taylor advised Lincoln to induce Congress to pass a bill authorizing the treasury to print its own legal tender in notes that would pay the military. Lincoln’s concern over whether Americans would accept the new money was quelled by Taylor, who told him, “The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money, as Congress is given that express right by the Constitution.”
In 1862 and 1863, the US Treasury printed $450 million worth of the new money, and to distinguish it from other bills, green ink was used on the back side, causing them to be called “greenbacks.” These bills went into circulation without any need for the government to pay interest.
Lincoln explained his reasoning to Congress, saying, “The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. By the adoption of these principals…the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”
The London Times quickly spouted the central bankers’ viewpoint in an editorial: “If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains and wealth of all countries will go to North America. That country must be destroyed, or it will destroy every monarchy on the globe.”
Several authors have claimed that Lincoln may have been assassinated because of his bold monetary policy. The man who murdered him, John Wilkes Booth, was a famous actor who was known to have joined the foreign-funded KGC.
Theorists also point to a possible connection between Booth and Confederate Secretary of State Judah P. Benjamin, who had established relations with the House of Rothschild to finance the Southern states. The Rothschilds and other European bankers certainly saw Lincoln’s policy of creating interest-free capital as a catastrophe.
“Greenbacks,” however, were not sufficient to fully finance the tremendous cost of the Civil War. In 1863, with the war reaching its turning point, Lincoln allowed the bankers to establish the National Banking Act, in which banks could operate free of taxation while creating the new “greenbacks” bank notes.
After this, the entire US money supply was created from debt by bankers who bought US Government Bonds to issue them as reserves for bank notes. Treasury Secretary Salmon P. Chase later bemoaned his role in creating this situation: “My agency in promoting the passage of the National Banking Act was the greatest financial mistake in my life. It has built up a monopoly which affects every interest in the country.”
Rothschild agent August Belmont took advantage of the situation by financing both the North and South. He convinced European bankers to buy federal bonds while he bought Southern bank bonds at knockdown prices, gambling that the South would have to honor them at higher prices following the war. In 1863, the Chicago Tribune attacked Belmont, the Rothschilds, “and the whole tribe of Jews,” for buying Confederate bonds.
Salomon Rothschild actually came to America at the beginning of the war. Clearly pro-Confederate, he criticized Lincoln for being “uncompromising.” Rothschild almost certainly referred to Lincoln’s refusal to borrow at interest rather than his uncompromising policy of maintaining the Union.
But maintain the Union he did, and for that Lincoln was murdered immediately after the war ended. Otto von Bismarck in Germany understood the implications, and wrote, “The death of Lincoln was a disaster for Christendom….I fear that foreign bankers, with their craftiness and tortuous tricks will entirely control the exuberant riches of America, and use it systematically to corrupt modern civilization. They will not hesitate to plunge the whole of Christendom into wars and chaos in order that the earth should become their inheritance.”
The subsequent investigation of the Lincoln assassination revealed a complicated plot that included smuggling and kidnapping by agents of the KGC with overseas financing. The trail led to KGC and British agents in Canada.
Booth could not enlighten the investigators, because he’d been shot and killed by federal troops. Four additional conspirators from Baltimore — one of them having wounded Secretary of State William Seward and another having lost his nerve to assassinate Vice President Andrew Johnson — were hanged. The plot clearly intended to behead the entire US executive branch.
Allegations that international bankers were behind the Lincoln assassination emerged 70 years later in Canada when in 1934, Vancouver attorney Gerald Grattan McGeer presented evidence to the House of Commons Committee on Banking and Commerce. McGeer studied the unexpurgated testimony of secret service agents during the posthumous Booth trial, which had been deleted from the public record, and concluded, “The evidence discloses that, instead of being a patriot, John Wilkes Booth…was a mercenary.”
McGeer offered evidence that the plot to murder Lincoln originated in Montreal and Toronto, where, “a group of men representing the Confederacy were operating in Canada with headquarters in those cities. During the winter of 1864 and 1865, they were approached by an unknown group with a proposition to assassinate Lincoln. They [the unknown group] were not from the South nor connected with the Southern government, because representatives of the South in Canada hesitated to consider the proposal until it had been submitted to the South for approval. Booth was engaged to organize the assassination.”
Although the instigators of the murder were unknown, McGeer revealed that “they were described as a group which could undertake anything without regard to cost.” One of Booth’s co-conspirators did indeed return from Canada with “plenty of gold.” This and other evidence convinced McGeer that the plotters were “the men opposed to [Lincoln’s] national currency program, and who had fought him throughout the whole Civil War on his policy of greenback currency. They were the men interested in the establishment of the gold standard system and the right of bankers to manage the currency and credit of every nation in the world. With Lincoln out of the way, they were able to proceed with that plan, and did proceed with it in the United States. Within eight years of Lincoln’s assassination, silver was demonetized and the gold standard money system set up in the United States.”
The international bankers at this time controlled much of the world’s gold, while silver was plentiful in the US.
It is one of history’s great curiosities that so many aspects of Lincoln’s assassination are identical to the assassination of John Kennedy. Both men had made many powerful enemies who certainly had the means to murder them by subtle methods like poisoning. This, after all, was a time-tested and safe way to achieve regime change.
But Lincoln and Kennedy were publicly executed while in office, as if to send a message. The fact that both men are the only presidents to have ordered the US Treasury to create money at no interest may be a clue as to where the message originated.
As an interesting footnote to the above mentioned assassinations, on July 4, 1835, President Andrew Jackson received a letter threatening his life. It was addressed as “You damned old scoundrel,” and demanded that Jackson pardon two prisoners named DeRuiz and DeSoto, who had received death sentences for piracy.
The letter threatened, “I will cut your throat whilst you are sleeping.” It was signed by Junius Brutus Booth, a famous Shakespearean actor, and for 175 years historians presumed the letter to be a fake. But in 2009, researchers working for the History Detectives television show proved that Booth actually had written the letter, based on his known whereabouts (which matched the envelope’s return address), Booth’s handwriting, and later apologies by Booth to his theater director for writing letters he shouldn’t have to “authorities of the country.”
Again, it should not be overlooked that Junius Brutus Booth was born in England. More interestingly, he sired three sons who also entered the theater. One of them was John Wilkes Booth, who would murder President Abraham Lincoln.
The result of the Civil War was a failure for the European bankers’ ambitions, however. More than 600,000 Americans had died, but the nation was undivided and suddenly a world power. No foreign-controlled central bank had been established. The country was not deeply indebted to foreign bankers.
But the foreign bankers would continue to try. Almost exactly one year after Lincoln’s murder, Congress passed the Contraction Act, authorizing the Treasury Department to begin removing greenbacks from circulation, thereby contracting the money supply. While no direct connection between the passage of this act and the influence of international bankers has come to light, it is clear that it benefited them tremendously.
By 1876, two-thirds of America’s money supply had been called in by the bankers. The tightening of money produced hardship in the South and a series of money panics in the North. This pressured Congress eventually to put the US banking system under centralized control. —excerpted from, Battle Hymn: Revelations of the Sinister Plan for a New World Order— Authors, John
Scura & Dane Phillips
“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy and more selfish than bureaucracy. It denounces as public enemies’ all to who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.”—President Abraham Lincoln (16th President of the United States)
“The United States Federal Reserve Banks are privately owned and controlled agents of the foreign central banks; a very select group of chosen investors and arms merchants – directly responsible for instigating wars, creating fraudulent debt and lending money to both sides (including enemies of the United States) in their sinister drive to create a luciferic New World Order.
The shareholders, living and deceased, should be charged with treason; with all personal, professional and corporate assets seized and returned to the United States Department of the Treasury.” —Dane Phillips