[size="4"][color="#008080"]Part IV[/color][/size][size="4"][color="#008080"][size="2"] (of XVIII)[/size] :[/color][/size][size="4"][color="#008080"] The rise of the Rothschilds[/color][/size]
Frankfurt, Germany. 50 years after the bank of England opened it's doors, a goldsmith named Amshel Moses Bauer, opened a coins shop. And over the door he placed a sign to depicting roman eagle on a red shield. The shop became known as the red shield firm, or in German Rothschild.
When his son, Amshel Mayer Bauer, inherited the business, he decided to change his name to Rothschild. Amshel soon learned that loaning money to governments and kings, was more profitable, than loaning money to private individuals, because not only were the loans bigger, but the were secured by the nations taxes.
Mayer Rothschild had five sons. He trained them all in the skills of money creation, and spread them out to the major capitals of Europe (Frankfurt, Vienna, London, Naples & Paris), to open branch offices of the family banking business.
In 1785 Mayer Rothschild moved his entire family to this larger house, a five store dwelling he shared with the Schiff family. The Rothschilds and the Schiffs would play a central role in the rest of the European financial history, and in that of the United States.
The Rothschilds broke into dealings with European royalty. They soon grew unbelievably wealthy. By the mid 1800 they dominated all European banking, and were certainly the wealthiest family in the world.
They financed Cecil Rhodes, making it possible for him to establish, a monopoly over the diamond and goldfield of the South African. In America they financed the Harriman in railroad, the Vanderbilt in railroads and the press, and Carnegie in the steel industry among many others.
In fact, during WWI, J.P. Morgan was thought to be the richest man in America. But after his death, it was discovered that he was only a lieutenant of the Rothschilds. He owned only 19% of J.P. Morgan companies.
There is no evidence that their predominant standing in European or world finance has changed.
Now let's take a look at the effects The Bank of England had produced on the British economy, and how this later became the root cause of the American Revolution.
Stay tuned...
Frankfurt, Germany. 50 years after the bank of England opened it's doors, a goldsmith named Amshel Moses Bauer, opened a coins shop. And over the door he placed a sign to depicting roman eagle on a red shield. The shop became known as the red shield firm, or in German Rothschild.
When his son, Amshel Mayer Bauer, inherited the business, he decided to change his name to Rothschild. Amshel soon learned that loaning money to governments and kings, was more profitable, than loaning money to private individuals, because not only were the loans bigger, but the were secured by the nations taxes.
Mayer Rothschild had five sons. He trained them all in the skills of money creation, and spread them out to the major capitals of Europe (Frankfurt, Vienna, London, Naples & Paris), to open branch offices of the family banking business.
In 1785 Mayer Rothschild moved his entire family to this larger house, a five store dwelling he shared with the Schiff family. The Rothschilds and the Schiffs would play a central role in the rest of the European financial history, and in that of the United States.
The Rothschilds broke into dealings with European royalty. They soon grew unbelievably wealthy. By the mid 1800 they dominated all European banking, and were certainly the wealthiest family in the world.
They financed Cecil Rhodes, making it possible for him to establish, a monopoly over the diamond and goldfield of the South African. In America they financed the Harriman in railroad, the Vanderbilt in railroads and the press, and Carnegie in the steel industry among many others.
In fact, during WWI, J.P. Morgan was thought to be the richest man in America. But after his death, it was discovered that he was only a lieutenant of the Rothschilds. He owned only 19% of J.P. Morgan companies.
There is no evidence that their predominant standing in European or world finance has changed.
Now let's take a look at the effects The Bank of England had produced on the British economy, and how this later became the root cause of the American Revolution.
Stay tuned...