Chapter 7 – The Beginning of the “Elite”



Through 1917–1918,  “President Woodrow Wilson ”The earliest origin of the Council stemmed from a working fellowship of about 150 scholars called “The Inquiry”.
Their reports formed the basis for the Fourteen Points, which outlined Wilson’s strategy for peace after war’s end. These scholars then traveled to the Paris Peace Conference, 1919 that would end the war; it was at one of the meetings of a small group of British and American diplomats and scholars, on May 30, 1919, at the Hotel Majestic, that both the Council and its British counterpart, the Chatham House in London, were born.
In 1938 they created various Committees on Foreign Relations throughout the country. These later became governed by the American Committees on Foreign Relations in Washington, D.C.
The Council on Foreign Relations, a sister organization to the Royal Institute of International Affairs in London (commonly known as Chatham House), was formed in 1922 as a noncommercial, nonpolitical organization supporting American foreign relations. known today as the Bank of England.
From its inception the Council was bipartisan, welcoming members of both “Democratic and Republican parties.”  It also welcomed Jews and African Americans, although women were initially barred from membership. Its proceedings were almost universally private and confidential.



JP Morgan Chase & Co. is an American multinational banking corporation of securities, investments and retail. It is the largest bank in the United States by assets.[2] It is a major provider of financial services, with assets of $2 trillion.
JP Morgan Chase is one of the Big Four banks of the United States   with Bank of America, Citigroup and Wells Fargo.
In August 1914, Henry P. Davison, a Morgan partner, traveled to the     UK and made a deal with the Bank of England to make J.P. Morgan & Co. the monopoly underwriter of war bonds for the UK and France.

The Bank of England became a “fiscal agent” of J.P. Morgan & Co., and vice-versa. The company also invested in the suppliers of war equipment to Britain and France. Thus, the company profited from the financing and purchasing activities of the two European governments.
In 1908 J. Pierpont Morgan asked Henry P. Davison to become a partner in his firm J. P. Morgan & Co. and in 1914 Benjamin Strong Jr. was selected to be the first president of the Federal Reserve Bank of New York.
The Federal Reserve System was presented as a panacea for all   financial ills. The new institution was created supposedly only to regulate commercial banks making sure they didn’t get lost in playing the stock market. And in order for it regulate efficiently, the regulator had to be independent …

1694 bank of england

By the end of the 17th century, England appeared on the verge of financial collapse as 50 years of nearly constant war with France had depleted the nation’s economy. Government officials entered into talks with “CREDITORS” in hopes of gathering the necessary funds to continue their policies, but the interest rates offered by the creditors were very high. And so, at the behest of the government, a private bank with the power to print money came literally out of nowhere.
Such was the birth of the first ever private central bank – the Bank of England. In order to mislead the public, it bore the deceptive name, the Bank of England, but in reality was has never been a public institution. It traded its shares on the market like any other private bank from the moment of its establishment.
[Foot Note ]
If you notice , I put in caps the word “CREDITORS’ for a particular reason .  No where in the research the names of the creditors are found in the Banks history even today  its kept very secretive till this day.

However , if you look deep into the relationships involvement between the monarachy and the very rich  you can make the connections,  “Who did the Monarchy reach out to  for loans,  and where did the creditors  get there money as well?  We will discuss this  in following chapters,  the connections.
In 1919 British and American delegates to the Paris Peace Conference, under the leadership of Lionel Curtis, conceived the idea of an Anglo-American Institute of foreign affairs to study international problems with a view to preventing future wars.

In the event, the British Institute of International Affairs was founded separately in London in July 1920 and received its Royal Charter in 1926 to become The Royal Institute of International Affairs.

The American delegates developed the Council on Foreign Relations in New York as a sister institute. Both are now among the world’s leading international affairs think-tanks.
Chatham House, also known as the Royal Institute of International Affairs, is based in the heart of London. As a measure of its             importance in the world of international relations, the name             ‘Chatham House’ –   the building – is now commonly used to refer to   the organization.The House has given its name to the famous ChathamHouse Rule, first established in 1927.

federal reserve bldg


bank of england


cfr buiding





Seventy years ago the greatest massacre in history began – with the financing from the Bank of England and the Federal Reserve System of the United States.
A recent resolution by the parliamentary assembly of the OSCE declared that the Soviet Union and Nazi Germany held equal roles in unleashing WWII. Furthermore, the resolution has the purely pragmatic goal of pumping Russian money into a few bankrupt economies while seeking to demonize Russia as the successor to the Soviet Union and prepare the legal groundwork for depriving Moscow from opposing this revisionist view the war.

But if we are to debate the culpability for the war’s outbreak, then we need to begin by answering this key question: who accommodated the Nazis’ rise to power, who directed them towards global catastrophe? Germany’s entire prewar history shows that the “necessary” policies were all provided for by guided financial turmoil – the same situation, by the way, that the world finds itself in today.
The key structures of the West’s post-war strategy were the central financial institutions of the United States and Great Britain – the Bank of England and the Federal Reserve System – coupled with financial-industrial organizations, who set out to establish absolute control over the financial system in Germany to manage the politics of Central Europe. The implementation of this strategy included the following steps:
1st: 1919-1924 – Preparing the grounds for massive American financial investments in the German economy.
2nd: 1924-1929 – Establishing control over the financial system and funding the National-Socialist movement.
3rd: 1929-1933 – Inciting and unleashing a deep economic crisis ensuring the Nazis would rise to power.
4th: 1933-1939 – Financial cooperation with the Nazi government and support for its expansionist foreign policy, aimed at preparing and unleashing the new world war.
In the first stage, the major leverage for the penetration of American capital into Europe came from war debts and the closely related issue  of German reparations.

After the United States’ formal entry into WWI, the U.S. provided its allies (primarily England and France) with loans amounting to $8.8 billon. The total sum of war debt owed to the U.S., including loans offered between 1919 and 1921, amounted to $11 billion. To solve their own financial problems the debtor countries went after Germany, forcing it to pay an enormous sum in reparations under extremely difficult conditions.

The resulting flight of German capital abroad and refusal by companies to pay their taxes resulted in such a state deficit that the all the government could do is mass produce German marks without backing. The German currency collapsed as a result.
This is exactly what the ruling elite in Britain and American had been waiting for. Having allowed France to get bogged down in the  Ruhrland adventures and showing its inability to solve the problem, they took the situation into their own hands. U.S. Secretary of State Charles Evans Hughes said, “We must wait until Europe is ripe to accept the American proposal.”
A new project was developed in the bowels of J.P. Morgan and Co. at the behest Montague Norman, head of the Bank of England. At the heart of the project were Dresdner Bank representative Hjalmar Schacht’s proposals, which had been formulated in March 1922 at the request of John Foster Dulles, future Secretary of State under Eisenhower, and legal advisor to President Woodrow Wilson at the Paris Peace Conference.

Dulles passed the proposals to the chief trustee of J.P. Morgan and Co., who then gave recommendations to Schacht, Norman and – at last – to Weimar officials. In December 1923, Schacht became the director of Reichbank and played an instrumental role in bringing together the Anglo-American and German financial circles.
In the summer of 1924, the project, known as the “Dawes Plan” (named after an Charles G. Dawes, the American director of one of Morgan’s banks, who chaired the committee of experts who preparing the proposals) was adopted at the London Conference.

He called for halving the reparations to be paid, and also settled how Germany would pay them off. However, the primary goal was to provide favorable conditions for U.S. investment, which could only be made possible by stabilizing the German mark.
To that end, Germany was granted $200 million in loans, half of    which were provided by Morgan’s banks. In doing so, Anglo-American banks established control over not only Germany’s payments, but also its budget, monetary system and, to a large extent, its credit system.

By August 1924, the old German mark had been made anew, the financial situation in Germany stabilized, and, as researcher G.D. Preparta wrote, the Weimar Republic was prepared for “the most striking economic aid in history, followed by the most bitter harvest in world history. […] [T]he uncontrollable gushing of American blood flooded into Germany’s financial core.”
Firstly, due to the fact that the annual reparations payments were to cover the allies’ total debts, the so-called “absurd Weimar cycle” developed. The gold that Germany was using to pay war reparations was heaped up and sold to the U.S., where it disappeared.

From the U.S., according to the plan, gold was going to Germany in the form of “aid”, which was then paid back to England and France, who then sent it back to the United States to pay off their war debts.

The U.S. then placed a heavy interest rate on it and sent it back to Germany. In the end, Germany lived off of debt, and it was clear that should Wall Street withdraw its loans, then the country would suffer a complete meltdown.
After the U.S. Federal Reserve engineered the collapse of the stock market in the autumn of 1929, the third phase of the Anglo-American strategy began.
The Fed and the J.P. Morgan decided to cease lending to Germany, spurring a banking crisis and economic depression in Central Europe. In September 1931, England abandoned the gold standard, deliberately destroying the international payment system and completely cutting off the financial oxygen of the Weimar Republic.
The intimate financial and economic collusion between Anglo-American and Nazi businessman was the backdrop against which the policy of appeasement to the aggressor took place – leading directly to World War II.
Today, while the global financial elite has embarked on a plan of “Great Depression part II” with the subsequent transition to a “new world order”, it is imperative to identify its key role in organizing crimes against humanity in the past.

[Foot Note]
This segment is where  it all began for America and the rest of the world.
The Federal Reserve and the Bank of England financed and started WWII, this is something that is very historical but not taught in our history lessons. Because of the financial “Elites” Americans and others from all over the world shed their country mens blood .

It was all calculated,  the Feds and the B.O.E. manipulated the world   to gain control  of every country on the face of the earth.  As for as America we have been deceived and lied to ,  hit with a war tax  that never expired that Congress passed , encouraged by the Federal Reserve, controlled by the “Council on Foreign Relations(Affairs).”   Our Government that is .

{ I don’t remember this being taught in my American History and World history  classes }
Now, we know that J.P. Morgan was the money man that bailed America out of its economic collapse, however another question appeared, who is financing the Bank of England. (B.O.E.). Where is   the money coming from?  Who are the people behind them?

1694 bank of england


We are not going to cover the world history with a comprehensive overview. It is beyond our power and competence. We want to relate    to our readers few stories, which are not very known or well-forgotten by the general public and specialists.

Meanwhile these stories, to our minds, have a direct reference and impact on the contemporary international situation and perhaps can be extrapolated to the future. Because as was taught by Ecclesiastes, ‘What has been will be again, what has been done will be done again; there is nothing new under the sun‘ ( Eccl. 1:9).
As it is generally accepted that in our sinful world whatever anybody speaks up about, he speaks about money, we are inaugurating ‘The Episodes’ with the glimpse into the origin of the ‘old good’ Bank of England. The current economic crisis can not be fully understood without scrutinizing the dark depths of the global financial infrastructure…
By the end of the 17th century, England appeared on the verge of financial collapse as 50 years of nearly constant war with France had depleted the nation’s economy. Government officials entered into talks with creditors in hopes of gathering the necessary funds to continue their policies, but the interest rates offered by the creditors were very high. And so, at the behest of the government, a private bank with the power to print money came literally out of nowhere.
Such was the birth of the first ever private central bank – the Bank of England. In order to mislead the public, it bore the deceptive name, the Bank of England, but in reality was has never been a public institution. It traded its shares on the market like any other private bank from the moment of its establishment.
Investors, whose names (it is important to note) were never disclosed, were required to put in 1.25 million pounds in gold for the purchase of shares, but in reality only 750,000 pounds were paid. Despite this, the Bank of England was legally registered in 1694 and started its activities with the issuance of interest-bearing loans in amounts much greater than the amount it was supposed to have in reserves.
Today, the Bank of England has served as a model for the privately operated central banks that appear in every country of the world. Private central banks are now so powerful that they will soon control each country’s economy, which will lead to plutocracy – power in the hands of the powerful. Just imagine if we transferred the control of the military to organized crime – get the picture?
Central banks should not be in private hands! A clique of private   central banks carries with it a hidden tax. Governments, which lack   the political will to raise taxes, instead produce bonds and sell them to the central banks to raise money for government programs. But the bonds are bought with money that the central bank created out of thin air, and the more money is circulated, the less the money in our  pockets is worth. The government receives as much money as it wants for its political goals, but the people are paying the price with inflation.

The beauty of it is that hardly 10,000 people can figure out the truth hidden behind this cryptic pseudo-economical nonsense.
After the Bank of England was founded, the country experienced an influx of paper money. Prices doubled. An enormous number of loans were issued to fund any and all crazy ideas. For example, one company proposed to dry up the Red Sea in order to retrieve the gold from the supposedly sunken Egyptian army that pursued Moses as he fled leading the Israelites.
By 1698, government debt

rose from 1.25 million pounds to 16 million. To pay that off, state taxes increased again and again.
In short, financial capital began to take de facto control over the state.

Earlier, I posed a couple of questions that had arisen about the        Bank of England.

The Questions that i asked myself was!

Where is the money coming from?

Who are the people behind them?

rothschile dynasty photo


bank of england


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s