1862–1865 

The war years of 1862 and 1863 were tough on the president as the cost of the war was sinking the nation into abstract bankruptcy. With no alternative he was forced to seek financial aid from the Rothschilds. They welcomed Lincoln with open arms and open wallets. His giant stature and immediate charisma was duly noted by the bankers as they dined on beef stroganoff and toasted to their forefathers and the end of the war. But the Rothschilds weren’t interested in ending the war, at least not until their central bank had been rechartered. A topic they discussed with passion as they laid the terms of the deal out to a heavyhearted Lincoln. 

They agreed to provide Lincoln the currency he needed at 35 percent interest on all monies loaned as long as they were allowed a new charter for another United States central bank. Lincoln held a poker face during the meeting, and once it ended told them that he would be in touch. What he did next angered the Rothschilds and pretty much sealed his fate. Recognizing the Rothschild’s scam and furious over the high level of interest they attempted to charge him, Lincoln made the boldest presidential move yet--he printed his own debt-free money. Called “the greenback,” it was the prototype for modern American currency. 

Lincoln’s friend Colonel Edmund Dick Taylor had mentioned the idea of creating a new currency in order to pay for the war. Taylor was well versed in Rothschild economics and had made a fortune in the coal-mining business. He, like a lot of northerners in 1863, was worried that the South might actually win. Based on Taylor’s suggestions Lincoln intentionally insulted the Rothschilds by authorizing Congress to print the greenbacks as full legal treasury tender. Lincoln flooded the economy with 450 million dollars, which was distinguished from all other currencies by the green ink on the back of the bills. The money was a godsend as soldiers got paid and the economy boomed. Though Lincoln was greatly concerned at having to issue fiat-based currency backed by nothing, he declared, “We gave the people of this republic the greatest blessing they ever had, their own paper money to pay their own debts.” 

As the Rothschilds fumed over being betrayed, Lincoln introduced state loans void from the bankers’ clutches, financing the Civil War on state-issued credit. Fearing a wicked response, Lincoln slept with one eye open as he fought the bankers over the greenbacks and a proposed American national banking system. He also freed the slaves with his “Emancipation Proclamation,” a move that infuriated the Rothschilds and crippled the South’s economic future. But Lincoln couldn’t truly escape the Rothschilds, at least not when it came to money. His personal banker, Jay Cooke, was hired to sell small government bonds to the average citizen, but instead he sold them in London and hired over 2,500 sub-agents who hawked over a billion dollars’ worth of bonds in three years. Cooke was later forced to pay the treasury back after getting caught backroom dealing with the Rothschilds and J. P. Morgan. But as reelection time neared Lincoln had control over both Congress and America’s banking system as he enacted the Rothschild counter measure called the National Bank and Currency Acts of 1863 and 1864. Lincoln’s measures included a nationally regulated private banking system intent on issuing cheap credit to build industries non-reliant on the southern plantation system. 

Lincoln’s financial reform plans were working. The money changers in London were furious, and furthermore the war efforts on behalf of their southern investments weren’t panning out either as new industrial inventions began to obliterate the South’s chances of winning. To combat Lincoln’s paper-money experiment and the impending end of the Civil War, the Rothschilds surrounded America’s borders with foreign troops waiting to swoop in and finish off their wounded foe with a planned military invasion. The British were situated up north in Canada with over 11,000 troops waiting to invade New York, while both France and Spain had united in Mexico with another 30,000 soldiers willing to carve up America on the Rothschild’s bidding. But the money masters’ intricately planned two-pronged attack was thwarted by Tsar Alexander II of Russia, the only European monarch not indebted to the Rothschilds banking empire. 

Russia shared a good economic relationship with America, which inspired them to end serfdom and emulate the American practice of private farming. Russia even copied the modern construction methods of the U.S. Navy and by 1864 had built the third largest fleet of ships in the world, trailing only behind Britain and France. When Lincoln learned that Tsar Alexander II also rejected the Rothschilds’ continual attempts to set up a central bank in Russia, he saw that the two leaders were in the same boat, and so he asked for the Tsar’s help during the Civil War. The Tsar obliged and sent his fleet across the Atlantic with a specific warning to the Rothschilds that an attack on America would be considered an attack on Russia as well. 

The Tsar’s Russian fleet steamed into New York Harbor on September 24, 1863, while his Pacific fleet anchored in San Francisco a few weeks later. Lincoln’s secretary of the Navy, Gideon Wells, wrote in his diary, “They arrived at the high tide of the Confederacy and the low tide of the North, causing England and France to hesitate long enough to turn the tide for the North.”3 This deliberate naval move by the Tsar and his Russian fleet prevented France and Britain from carrying out their invasion plans as the Rothschilds weren’t ready to risk war with Russia. The British and French troops amassed on America’s borders waited in vain to repossess the wealth of the colonies, but while they waited their moment slipped away as the war ended and Lincoln was declared the victor. 

The Suppressed History of American Banking by Xaviant Haze © 2016 Bear & Company. Printed with permission from the publisher Inner Traditions International. www.InnerTraditions.com

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