Posts Tagged ‘Rothschild’s agent’

A little luck helps

When Haym Salomon arrived in Philadelphia in 1778, the Treaty of Alliance with France had just been signed. That was the year the French started supplying the Colonies with some twenty million pounds’ worth of gold in financial and military aid, an amount equivalent to forty billion of today’s dollars. It was a considerable package and the French needed a broker in Philadelphia. As it turned out, Salomon cut such a figure and had such an impressive brokerage house, the anti-Semite French went to him in spite of the fact that he was a Jew. He was named broker to the French Consul, Treasurer of the French Army, and fiscal agent of the French Minister to the United States, and it all happened within the space of a few months after his arrival in Philadelphia in 1778. These extraordinary developments were either due to a prodigious miracle, or are the absolute proof that he was reunited with the gold he had to have had in New York in 1775 and that he’d used it very effectively.

Haym was indispensable to the war effort. He issued a lot of paper backed by the French gold, and soon the gold was all spent. The successful French went home while the spent gold remained in America safely under Salomon’s control. In 1781, all the available gold in America, some 500 tons, was thus in Rothschild’s care, and he would get more, a lot more. Of the more than 150000 tons of gold bullion produced to this day, at least 120000 tons are unaccounted for; they are spent and resting somewhere safe.

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