Creature From Jekyll Island by G. Edward

institutions the 1. Derek Wilson, p. 100.

THE ROTHSCHILD FORMULA

233

vvorld has ever known. Its meteoric rise can be attributed to the great industry and shrewdness of the five brothers who established themselves in various capitals of Europe and forged the world's first international financial network. As pioneers in the practice of lending money to governments, they soon learned that this provided unique opportunities to parlay wealth into political power as well. Before long, most of the princes and kings of Europe had come within their influence.

The Rothschilds also had mastered the art of smuggling on a grand scale, often with the tacit approval of the governments whose laws they violated. This was perceived by all parties as an unofficial bonus for providing needed funding to those same governments, particularly in time of war. The fact that different branches of the Rothschild network also might be providing funds for the enemy was pragmatically ignored. Thus, a time-honored practice among financiers was born: profiting from both sides.

The Rothschilds operated a highly efficient intelligence gathering system which provided them with advance knowledge of

important events, knowledge which was invaluable for investment decisions. When an exhausted Rothschild courier delivered the first news of the Battle of Waterloo, Nathan was able to deceive the London bond traders into a selling panic, and that allowed him to acquire the dominant holding of England's entire debt at but a tiny fraction of its worth.

A study of these and similar events reveals a personality profile, not just of the Rothschilds, but of that special breed of international financiers whose success typically is built upon certain character traits. Those include cold objectivity, immunity to patriotism, and indifference to the human condition. That profile is the basis for proposing a theoretical strategy, called the Rothschild Formula, which motivates such men to propel governments into war for the profits they yield. This formula most likely has never been consciously phrased as it appears here, but subconscious motivations and personality traits work together to implement it nevertheless. As long as the mechanism of central banking exists, it will be to such men an irresistible temptation to convert debt into Perpetual war and war into perpetual debt.

In the following chapters we shall track the distinctive footprint of the Rothschild Formula as it leads up to our own doorstep in the present day.

ficooct

Historisches Museum, Frankfurt, Germany

A satirical cartoon of 1848 depicts 'Rothschild'

pondering over which of Europe's rulers to

favor with loans, while revolutionaries

challenge the ancient order he is supporting.

A caricature of Nathan Rothschild,

showing him in his habitual position

before one of the pillars in the Exchange.

It was here that he capitalized on his

advance knowledge of Wellington's

defeat of Napoleon at Waterloo and was

able to acquire the dominant holding of

England's entire debt at but a small

fraction of its worth.

British Museum Print Room

234

Chapter Twelve

SINK THE LUSITANIA!

The role of J.P. Morgan in providing loans to

England and France in World War I; the souring

of those loans as it became apparent that Germany

woidd win; the betrayal of a British ship and the

sacrifice of American passengers as a stratagem to

bring America into the war; the use of American

taxes to pay off the loans.

The origin of World War I usually is attributed to the assassination of Archduke Francis Ferdinand of Austria- Hungary by a Serbian nationalist in 1914. This was a serious affront to Austria but hardly sufficient reason to plunge the world into a mortal conflict that would claim over ten million lives and twenty million wounded. American schoolchildren are taught that Uncle Sam came into the war 'to make the world safe for democracy.' But, as we shall see, the American war drums were pounded by men with far less idealistic objectives.