Israel's Historic Rothschild Dynasty Connection Revisited: Part 6

Nathan Rothschild: Engaged in smuggling, profited from UK gov't link/bond speculation

During the first two decades of the 19th-century, the Rothschild Dynasty that began bankrolling the Zionist movement’s settler-colonialists by the end of the 19th-century also acquired its family wealth from an illegal smuggling business operation. As The Rothschilds: A European Family book recalled:

“Nathan [Rothschild] engaged in highly profitable smuggling: he had cash illicitly imported into France. Waiting at the French coast, his brother James [Rothschild] took receipt of the cash and used it to buy bills drawn on London that were on the market for below nominal value owing to the trade embargo. Nathan [Rothschild] then redeemed them in London at their face value.”

But, when a general of the early 19th-century UK imperialist government, named Wellington, invaded France and “needed French cash or bills draw on banks in Southern France,” Nathan Rothschild “decided to place his smuggling activities in the service of the British” imperialist “government;” and “his plan for supplying money to Wellington was carried out under the strictest secrecy,” according to the same book. In addition, “the link thus forged with the British government was to pay off for the Rothschilds” who “were entrusted with the payments of subsidies destined for the British allies” which were “transferred via the Rothschild Bank,” that received “risk-free commission,” according to The Rothschilds: A European Family book.

As a result, as the same book recalled:

“The five [Rothschild] brothers made their greatest profits after 1815 by speculating in bonds, by exploiting differences in quotations on the various exchanges and by conducting money transactions swiftly…In the first decades of the 19th-century the Rothschilds overtook all the other banks. They built up a monopoly on loans to the major European powers and established a second pillar for their business, namely railway construction, at an early date before the business in state bonds declined. Their wealth had reached an unprecedented size…”

By the second half of the 19th-century, Rothschild Dynasty members were profiting from their exploitation of the oil resources of Russia, which was then undemocratically ruled by a monarchical and institutionally anti-Semitic Czarist government. As The Rothschilds: A European Family book observed:

“…At around 1870 the French Rothschilds already had a stake in the importation of American crude oil to France. In this context the Rothschilds had oil refineries built in Fiume in Austria and in Spain.

“The need for cheap oil supplies for their refineries soon sparked the Rothschild’s interest in the oil fields around Baku in Russia…Within a short time the Rothschilds had become the second most powerful oil group in Russia…”

And by 1912, the Rothschild Dynasty that was funding the Zionist movement’s settler colonialists in Palestine owned stock in the Shell/Royal Dutch transnational oil corporation that profited from the exploitation of the oil resources of Dutch imperialism’s Indonesian colony. As the same book noted:

“…Oil had increasingly come to be used as engine fuel and this had prompted drilling for oil in Indonesia, a Dutch colony. This led to the company Royal Dutch being set up, which soon merged with the transport from Shell. The Paris House of Rothschild decided to join this new group, which became ever more powerful…In 1912 the Rothschilds swapped their holding in the Russian joint stock company [of Czarist Russia’s “second most powerful oil group”], worth a total of 27.2 million roubles, for shares in Shell/Royal Dutch…”

Shell/Royal Dutch: Oil firm owned by Rothschilds, profited from Dutch Imperialism

 (end of part 6)

Israel's Historic Rothschild Dynasty Connection Revisited: Part 5

Meyer Amschel Rothschild: Profited From Funding Monarchist Military Attacks on French Revolution

Over 100 years before the Zionist movement’s settler-colonialists from Europe began establishing their settlements on Palestinian land that Edmond Rothschild financed and managed, the Rothschild family members began to accumulate so much surplus wealth from the financial deals the Rothschilds made with undemocratic European regimes, that by the early 1800’s the Rothschilds “increasingly came to be regarded as the epitome of dominance and exploitation," according to the 1994 book, The Rothschilds: A European Family, that Georg Heuberger edited. As the same book recalled:

“About 1764…Meyer Amschel Rothschild set up his own business as a dealer in coins and bills in Frankfurt…The deliveries he made to the…court of the Landgrave William of Hanau gave him the opportunity in 1769 to…acquire the title of Court Agent to said court…Shortly after being awarded the title of Agent to the Court of Hesse-Hanau, Meyer Amschel [Rothschild] married Gutle Schnapps, whose dowry was quite considerable…Alongside trading in coins…he also bought bills of exchange and worked as an agent procuring loans…

“The coin trade was of great significance for him…Wegener, who was in charge of the Hanau Coin Collection, later became director of the Hanau Country Treasury. It sold bills of exchange issued by the English government and redeemable in London. These bills were in payment for troops from Hanau that fought on the English side during the American war of Independence.

“Contact with the men in charge of the Court Coin Collection thus afforded Meyer Amschel [Rothschild] the opportunity to acquire bills from the Hanau Treasury and resell them for redemption in London. This trade in bills was highly profitable…”

So, not surprisingly, when the undemocratic monarchical European governments attacked the revolutionary government of France in the early 1790’s, Rothschild family members and their business partners were apparently able to profit from the resulting war. As The Rothschilds: A European Family book noted:

“In 1792 Austria and other countries attacked France…At the outset of the war Meyer Amschel succeeded, together with two business partners…, Wolf Loeb Schott and Beer Nehm Rindskopt, in concluding a contract with the Imperial Army. They provided the money to pay the soldiers as well as grain and equipment for the army during its operations in the Rhine/Main region against the French…The profits were…so considerable that between 1792 and 1795 Meyer Amschel moved…to the highest class of taxpayer in the tax estimates of the Jewish community…From now on, Meyer Amschel’s 3 eldest sons, Amschel, Salomon and Nathan, were also active in his business…”

The same book also observed that, by 1800, Meyer Amschel Rothschild “was well on his way to getting a foothold in the door of the uppermost class of court Jews;"  and “the breakthrough for Meyer Amschel” Rothschild “came in 1803 when he succeeded for the first time in floating a bond for the state of Denmark.” Then, after Meyer Amschel’s son, Nathan Rothschild, married the “daughter of the prominent London merchant, Levy Barent Cohen” in 1806, the Rothschild Dynasty’s family gained access to the “financial elite of early 19th-century London,” because Nathan Rothschild’s father-in-law (who died in 1808) “was the center of a kinship network linking” some of “the most important families in London’s financial sector,” including “the Montefiores, the Mocattas and the Goldsmids.”

Nathan Rothschild:  Member of early 19th-Century UK financial banking elite

According to The Rothschilds: A European Family book:

“The Mocattas were among the richest traders in London, while the Goldsmid brothers dominated the English bond market up until 1810. Members of the Cohen and Montefiore families were stockbrokers.”

And after the head of the leading Goldsmid bank shot himself in 1810, Nathan Rothschild “was soon to fill the vacuum this left behind in the London banking world,” according to the same book.

Rothschilds Mansion in UK (photo by Pam Brody)

(end of part 5)