Creature From Jekyll Island by G. Edward

important role in this process.

5. No nation can be allowed to remain militarily stronger than its adversaries, for that could lead to peace and a reduction of debt.

To accomplish this balance of power, it may be necessary to finance both sides of the conflict. Unless one of the combatants is hostile to our interests and, therefore, must be destroyed, neither side should be allowed a decisive victory or defeat.

While we must always proclaim the virtues of peace, the

unspoken objective is perpetual war.

THE ROTHSCHILD FORMULA

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Whether anyone actually put this strategy into words or passed it along from generation to generation is not important. In fact, it is doubtful it has ever worked that way. Whether it is the product of conscious planning or merely the consequence of men responding to the profit opportunities inherent in fiat money, the world's financial lords have acted as though they were following such a plan, and this has become especially apparent since the creation of the central-bank Mandrake Mechanism three centuries ago.

The 'balance-of-power' question is particularly intriguing.

Most history texts present the concept as though it were some kind of natural, social phenomenon which, somehow, has worked to the benefit of mankind. The implication is that it's just wonderful how, after all those European wars, no nation was strong enough to completely dominate the others. When the United States emerged from World War II with exactly such power, it was widely

deplored, and massive political/financial mechanisms such as foreign aid and disarmament were set in motion to restore the balance. This has become almost a revered doctrine of international democracy. But the overlooked consequence of this sentimental notion is that wars 'between equals' have become the permanent landscape of history.

This does not mean that every war-like group that comes along will find easy financing from the lords and masters. It depends on whom they threaten and how likely they are to succeed. In 1830, for example, the Dutch were facing an uprising of their subjects in Belgium. Both the ruling government and the revolutionaries were dependent upon the Rothschilds for financing their conflict. The Dutch rulers were reliable customers for loans and, just as important, they were reliable in their payment of interest on those loans.

It would have been foolhardy to provide more than token assistance to the rebels who, if they came to power, quite likely would have refused to honor the debts of the former puppet regime.

Salomon Rothschild explained:

These gentlemen should not count on us unless they decide to follow a line of prudence and moderation.... Our goodwill does not yet extend to the point of putting clubs into the hands that would beat us, that is, lending money to make war and ruin the credit that we sustain with all our efforts and all our means.1

1- As quoted by Derek Wilson, p. 100.

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THE CREATURE FROM JEKYLL ISLAND

After the revolution was resolved by negotiation rather than by arms, the new government in Brussels was a natural target for financial takeover. James Rothschild laid out the strategy that has become the model of such operations ever since:

Now is the moment of which we should take advantage to make ourselves absolute masters of that country's finances. The first step will be to establish ourselves on an intimate footing with Belgium's new Finance Minister, to gain his confidence ... and to take all the treasury bonds he may offer us.

PERPETUAL WAR IN EIGHTEENTH CENTURY ENGLAND

Wars, great and small, have always been a plague to Europe, but it was not until they were easy to finance through central banking and fiat money that they became virtually perpetual. For example, the following war chronicle begins immediately following the formation of the Bank of England which, as you recall, was created for the specific purpose of financing a war:

1689-1697 The War of the League of Augsberg

1702-1713 The War of Spanish Succession

1739-1742 The War of Jenkin's Ear

1744—1748 The War of Austrian Succession

1754—1763 The French and Indian War

1793-1801 The War against Revolutionary France

1803-1815 The Napoleonic Wars

In addition to these European conflicts, there also were two wars with America: the War for Independence and the War of 1812.

In the 126 years between 1689 and 1815, England was at war 63 of them. That is one out of every two years in combat. The others were spent preparing for combat.

The mark of the Rothschild Formula is unmistakable in these conflicts. The monetary scientists often were seen financing both sides. Whether ending in victory or defeat, the outcome merely preserved or restored the European 'balance of power.' And the most permanent result of any of these wars was expanded government debt for all parties.

SUMMARY

By the end of the eighteenth century, the House of Rothschild had become one of the most successful financial