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Central Banking and the Private Control of Money
Continued from page 16 nated a constellation of secondary, lesser increases and hence their control of banks,
families, such as the Warburgs and Schiffs, debt-captive corporations, the media,
What's even more interesting about this who allied their own vast wealth with that politicians and nations, all through surro-
story is that some authors claim that the _ of the Rothschilds. gates, agents, nominees and interlocking
day after the Battle of Waterloo, in a matter In fact, the rest of the 19th century was directorates, obscuring their role. oo
of hours, Nathan Rothschild and allied known as the "Age of Rothschild". One .
financial interests came to dominate not author, Ignatius Balla, estimated their per- About the Author: .
only the bond market but the Bank of — sonal wealth in 1913 at over two billion Pa ik J. Carmack. ia na law
England as well. (An interesting feature of dollars. Keep in mind, the purchasing ine 6 ay and 's 2 former Soministative aw
- ge for the Corporation Commission of the
some consols was that they were convert- power of the dollar was over 1,000 per cent tate of Oklahoma as well as a member of the
ible to Bank of England stock.) greater then than now. Despite this over- par of the US Supreme Court. He is the co-
Intermarriage with the Montefiores, whelming wealth, the family has generally author of the two-volume video, The Money
Cohens and Goldsmiths—banking families cultivated an aura of invisibility. Although Masters: How International Bankers Gained
established in England in the century — the family controls scores of banking, Control of America.
before the Rothschilds—enhanced the industrial, commercial, mining and tourist
Rothschilds’ financial control. This control corporations, only a handful bear the _ Editor's Note:
was further consolidated through the pas- Rothschild name. By the end of the 19th This article was extracted with permission
sage of Peel's Bank Charter Act of 1844. century, one expert estimated that the _ from the revised/updated book of the video,
Whether or not the Rothschild family | Rothschild family controlled half the The Money Masters: How International
and their financial allies seized outright —_ wealth of the world. Bankers Gained Control of America, produced
control of the Bank of England (the first Whatever the extent of their vast wealth, by Patrick S$. J. Carmack for Royalty
privately owned central bank ina major it is reasonable to assume that their per- Production Company, Colorado, USA, ©
European nation, and the wealthiest) in this centage of the world's wealth has increased 1998. The reading list accompanying this arti-
P' } an : : ee Y cle can be found at the website