The Real Cause of the Civil War
By Rev. Charles E. Coughlin
Civil War Was Not Fought Over Slavery, But Financial Freedom
(This article was originally published in the Feb. 12 and Feb. 19th, 1940 issues of Social Justice)
TEXTBOOKS that have been carefully edited continue to teach American school children that the American Civil War was fought over the Slavery issue; that is, that the South did not Wish to free the Negro-slaves. But if we look behind the scenes, we will find that the “slave question” was but the surface issue. Below the surface ran a current of intrigue that ended with the assassination of Abraham Lincoln because he was determined that the United States be free from the bondage of the international bankers.
The Missouri Compromise was written in 1820. Thirty years later, a subsequent compromise of 1850 was effected. For thirty years America had worked out her problems — the problem of slavery and later the problem of State Rights — satisfactorily. Even as late as the Kansas-Nebraska Act, the give-and take of compromise was effective. Yet in the year of 1857 the war was decided upon, not in the prospering South, not in the prospering North, but in London, England.
DIVISION OF U.S. PLOTTED IN LONDON
In the year 1857, the money power of old Europe centered in the House of Rothschild. Disraeli represented them in England; Napoleon III in France; Bismarck in Germany and Mazzini in Italy.
According to Mr. John Reeves, who wrote on page 228, of an authorized biography entitled, The Rothschilds, the Financial Rulers of Nations, based on research on their own archives, there was a famous meeting in the city of London in 1857. The great Rothschild family was assembled from the countries of Europe for the marriage of Lionel Rothschild’s daughter, Leonora, to her cousin, Alphonse, son of James Rothschild of Paris. Disraeli is reported to have said: “If you like, we shall divide the United States into two parts, one for you, James, and one for you, Lionel. Napoleon will do exactly and all that I shall advise him.”
“At the banquet after the marriage ceremony, Count Persigny, the French Ambassador, proposed the health of the bride and the bridegroom. He was followed by Mr. Disraeli, whose duty it was to propose the health of the bride’s parents. His speech on this happy occasion is said to have been one of the best social addresses he ever delivered, which is not strange, for he is known to have been for many years one of the most intimate friends of the family, and of Baron Lionel in particular. In the course of his speech he made a remark worth reproducing: “Under this roof are the heads of the name and family of Rothschild a name famous in every capital in Europe and every division of the globe a family not more regarded for its riches than esteemed for its honour, virtues, integrity, and public spirit.” Eight years later another festive gathering brought the family together. On June 7th, 1865, the youngest daughter, Evelina, was married to Baron Ferdinand, the eldest son of Baron Salomon, of Vienna. Unhappily, these joyful festivities were followed by a mournful conclusion, as the bride, who had been at all times so charming for her sweetness of disposition and gracious manners, died the next year in giving birth to her first child.”
(“The Rothschilds”, John Reeves, 1887, ed. A.C. McClueg & Co, p228-229)
Thus, in London, we see a plan fostered by the money power of Europe, moving in on America, and pitting the North against the South under the old principle of “divide and conquer.” The North was to become a British colony annexed to Canada, while the South would go to Napoleon III of France!
JUDAH P. BENJAMIN, ROTHSCHILD AGENT
“Napoleon’s object was to assure the predomination of the French over the Latin races and to augment the influence of these races in America. Napoleon decided to recognize the independence of the rebellious American States and repeatedly urged the British government to join him in so doing,” according to Mackenzie in his historical research entitled “The Nineteenth Century.“
Judah P. Benjamin was chosen by the Rothschilds to do their work in the United States and he was the first adviser to Jefferson Davis, the President of the Southern Confederacy. Benjamin has been called “the brains of the revolt.” He was also the Secretary of State of the Confederacy under Jeff Davis.
The Confederacy consisted of eleven Southern States bound by a written Constitution, modeled in part after our own Constitution. It was founded on the fundamental principle that each one of its eleven constituted States had the right to secede from the Union, or to separate from the other 23 out of the 34 states of the Union.
Nevertheless, at the instigation of Benjamin, and under pressure of Napoleon, Texas and Louisiana were placed on the bargain counter in exchange, presumably, for Napoleon’s aid. The latter was supported by Disraeli of England, who had assured the Confederacy of the support of Britain behind the nine remaining States, after Texas and Louisiana were to be ceded to France.
INTERVENTION OF CZAR SAVED THE UNITED STATES
English, French and Spanish troops had landed at Vera Cruz in 1862. Since June 5, 1863, the French General Bazaine (who was Jewish) had occupied the capital of Mexico. The danger was great. The genius of President Lincoln was taxed. He knew the North, alone, could not have withstood such a combination. Moreover, Archduke Maximilian had been induced to accept the throne of Mexico. But fate stepped in.
The Christian Czar of Russia, Alexander Il, through his ambassadors at Paris and London, knew of the plan, knew of England’s recognition of the Confederacy, knew the Rothschild plot behind the whole maneuver.
The Czar dispatched a fleet to San Francisco under the command of Admiral S. Lesowsky, on September 8, 1863 and a squadron to New York under Admiral A. A. Popoff. Both Admirals had orders from the Czar “to be ready to fight any power and to take their orders only from Abraham Lincoln.” Needless to say, this generous and vigorous action saved the United States from foreign intrigue. James Rothschild was left without Mexico and the Southern States, and Lionel could not capture the North through military measures. But the European Machevilies were determined on financial conquest, if not actual slavery.
Booth’s Code Found in Benjamin Trunk
The good Czar, after several unsuccessful attempts on his life, was murdered in 1881. Lincoln was murdered in 1865, on April 4th, by an actor, John Wilkes Booth, in whose trunk was found coded messages the key to which was found in Judah P Benjamin’s possession. Benjamin escaped to England where he later died.
The good Czar, Alexander II, had been responsible on September 19, 1861, by imperial decree, for emancipating the Russian serfs, in number over 47 million. Serfdom was ended by the stroke of a pen. But in the United States, it took billions of dollars and oceans of blood to free three million, not serfs, but slaves — because of an infamous plot of English and European money lords. Bismarck knew the truth and revealed it in 1876 to a German, Conrad Siem, who published it in “La Vieille France,” (No. 216, March, 1921), forty-five years later.
BISMARCK TOLD STORY IN 1876
Bismarck wrote: “The division of the United States into two federations of equal force was decided long before the Civil War by the High Financial Power of Europe. These bankers were afraid of the United States, if they remained in one block and as one nation, would attain economical and financial independence, which would upset their financial domination over the world. The voice of the Rothschilds predominated. They foresaw tremendous booty if they could substitute two feeble democracies, indebted to the Jewish financiers, to the vigorous Republic, confiident and self-providing. Therefore, they started their emissaries in order to exploit the question of slavery and thus to dig an abyss between the two parts of the Republic.
“Lincoln never suspected these underground machinations. He was anti slaverist, and he was elected as such. But his character prevented him from being the man of one party. When he had affairs in his hands, he perceived that these sinister financiers of Europe, the Rothschilds, wished to make him the executor of their designs. They made the rupture between the North and the South imminent! The master of finance in Europe made this rupture definitive in order to exploit it to the utmost. Lincoln’s personality surprised them. His candidature did not trouble them; they thought to easily dupe the candidate woodcutter. But Lincoln read their plots and soon understood that the South was not the worst foe but the Jew financiers. He did not confide his apprehensions, he watched the gestures of the Hidden Hand; he did not wish to expose publicly the questions which would disconcert the ignorant masses.
“Lincoln decided to eliminate the international banker by establishing a system of loans, allowing the States to borrow directly from the people without intermediary. He did not study financial questions, but his robust good sense revealed to him, that the source of any wealth resides in the work and economy of the nation. He opposed emissions through the international financiers. He obtained from Congress the right to borrow from the people by selling to it the ‘bonds’ of the States. The local banks were only too glad to help such a system. And the government and the nation escaped the plots of the foreign financiers. They understood at once, that the United States would escape their grip. The death of Lincoln was resolved upon. Nothing
is easier than to find a fanatic to strike. The death of Lincoln was the disaster for Christendom.”
Continues Bismarck: “There was no man in the United States great enough to wear his boots. And the Jews went anew to grab the riches of the world. I fear that Jewish banks with their craftiness and tortuous tricks will entirely control the exuberant riches of America, and use it to systematically corrupt modern civilization. The Jews will not hesitate to plunge the whole of Christendom into wars and chaos, in order that ‘the earth should become the inheritance of Israel.”
FACTS HIDDEN IN AMERICAN FILES
Thus does unwritten history come to light with the years. Again, we repeat that the above quotation from Bismarck was released to the public in 1921, some forty-five years after it was written. Bear in mind also that the official archives of the United States Government, bearing on the Civil War, will not be available until 1965, or 100 years after the event. We have, therefore, been obliged to go to European sources to obtain the facts.
As the Civil War entered the critical days of 1862, President Lincoln was in dire need of money to carry out the obligations of the Government in that conflict. He was offered loans by the banking interests, but in December, 1861, the banks had broken down and suspended specie payments. A bill passed Congress on February 25, 1862, whereby the Government could issue $150-million, which would be full legal tender for every debt in the United States and was an achievement for Lincoln. However, the banking interests were furious.
THE HAZARD CIRCULAR
In July, 1862, the Bank of England (which was, and still is, dominated by the Rothschild family) issued the notorious Hazard Circular, which was judiciously circulated among the banking interests of America. It said: “Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led by England, is that capital shall control labor by controlling wages. This can be done by controlling the money. The great debt that capitalists will see to it is made out of the war, must be used as a means to control the volume money. To accomplish this, the bonds must be used as a banking basis. We are now awaiting for the Secretary of the Treasury to make his recommendation to Congress. It wi11 not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that.”
The term “greenback” was employed by the banking interests to deceive the masses. Ridicule and derision was attached to it for the simple reason that it bore no interest or tribute to the bankers and was simply non-cancelable United States currency issued by the Government.
GOLD HOLDERS DICTATE REVISI ON OF MONEY LAW
On two other occasions — July, 1862, and in March, 1863 – Congress issued a total of $300 million of United States Notes, or greenbacks, but the bankers saw to it that they carried the following restrictive clause: “This note is legal tender for all debts, public and private, except duties on imports and interest on the public debt.” This reservation permitted the Rothschilds, who had a corner on the gold, to make a market for their gold. Had the “greenbacks” been permitted to retain their full legal tender value, there would have been no need for Rothschild gold with which to pay import duties. The price of gold rose to approximately $2.85 measured in greenbacks. All importers were obliged to go to the banking interests to buy gold to pay duties on their goods, and the Wall Street financiers held the power to fix the price.
The Civil War was still raging. Lincoln was teaching the peop1e that bonds were necessary and that paper money, issued in proportion to the country’s wealth, debt-free at its source of origin, was the only kind of currency that should be permitted. However, the restrictive clauses of the two later issues of greenbacks seriously crippled the President’s efforts for an honest money system, and Mr. Lincoln was forced, in the heat of the Civil War, to permit – because he could not stop the evil machinations of the money manipulators – the National Banking Act of February 25, 1863, which gave private banks a national charter to issue and lend money. In brief, it permitted private corporations to coin and regulate the value of money.
But Lincoln was determined to end this situation as soon as peace could be secured. He was determined to have a Constitutional money system because he saw that financial slavery was only less subtle than chattel slavery, a little more refined, but in the end, the cruel, despotic exploitation of the American people.
ROTHSCHILD LETTER REVEALS WHOLE SCHEME
On June 25, 1863, the Rothschild Brothers sent a letter to Messrs. lkleheimer, Morton and Vandergould at No. 3 Wall Street, New York, which said the following: ” Dear Sirs: A Mr. John Sherman has written us from a town in Ohio, U.S.A., as to the profits that may be made in the National Banking business under a recent act of your Congress, a copy of which act accompanied his letter. Apparently this act has been drawn upon the plan formulated here last Summer by the British Bankers Association and by that Association recommended to our American friends as one that if enacted into law, would prove highly profitable to the banking fraternity throughout the world.
“Mr. Sherman declares that there has never before been such an opportunity for capitalists to accumulate money, as that presented by this act and that the old plan of State Banks is so unpopular, that the new scheme will, by contrast, be most favorably regarded, notwithstanding the fact the National Banks will have an almost absolute control of the national finance.
“The few who can understand the system,” he (Sherman) Says, ‘wil1 either be so interested in its profits or so dependent on its favors, that there will be no opposition from that class, while on the other hand, the great body of people mentally incapable of comprehending the tremendous advantages that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system inimical to their interests…” Awaiting your reply, we are,”
Here we have an admission that the national banks are to have almost absolute control of the country’s finance; that the richer class will not question this method of having private banking corporations issue money, while the poor “incapable of comprehending the tremendous advantages will bear its burdens (they admit that somebody must carry and pay the burden of debt) without complaint” or even suspicion that they are being fleeced by an unjust money system.
But the greenbacks were still in demand. They were not legal tender for all debts, public and private, on account of the restrictive clause. The bankers were buying the greenbacks on Wall Street for 35 cents on the dollar for gold, which they controlled. When the $450-million of greenbacks were exhausted and the necessity arose for more money, the Rothschilds demanded that United States notes or greenbacks no longer be issued in the form of dollars, but in the form of bonds. The $450 million “exception clause” greenbacks were converted into $1 billion, 640 millions of bonded indebtedness. Ever since that day, the American people have been in debt through bonds and their usurious yield.
GOLD BANKERS REAP BIG PROFIT ON DEAL
Here was the banker’s point of view: He saw an original Lincoln greenback of the year 1862. He read the frightful words, “This note is legal tender for all debts public and private.” There was not a dollar (in profit) to be made privately on this kind of money. The shrewd banker immediately started his two-fold campaign. One was to substitute interest-bearing bonds for these legal tender properties.
Consequently, on the second and third issue of Abraham Lincoln’s legal tender notes, we find the substituted language, “This note is legal tender for all debts public and private, except duties on imports and interest on the public debt.”
Gold would now be demanded for interest on the public debt and the source of the gold would be the duties on imports which must be paid in gold. Now the banker had his crooked scheme perfected. The next issue of bonds was that of $500-million. It brought interest at the rate of 7 per cent. The bonds fell in value below 70. But let us assume that on the particular day, the banker invested a million dollars in bonds. The million dollars was paper money, Abraham Lincoln’s greenbacks. They bought precisely one million, four hundred twenty-eight thousand, five hundred seventy-one dollars worth of bonds.
The bonds, we repeat, drew interest at the rate of 7 per cent, or $100,000 per year. But this $100,000 was now payable in gold. Yet gold in relation to greenbacks was at times 240 and even higher. That meant that the banker who invested the million dollars bought a million, four hundred, twenty-eight thousand, five hundred seventy-one dollars worth of bonds, yielding one hundred thousand in gold or $240,000 in paper money. The interest was 24 pr cent.
It was to the advantage of the banker to depreciate the legal tender notes, to depreciate the bonds, and to make interest payable in gold.
WAR LEFT AMERICA IN DEBT TO LONDON
No wonder Mary E. Hobart, in her book The Secrets of the Rothschilds said: “How then was it that this Government, several years after the war was over, found itself owing in London and in Wall Street several hundred million dollars to men who never fought a battle, who never made a uniform, never furnished a pound of bread, who never did an honest day’s work in all their Lives?… The fact is that billions owned by the sweat, tears and blood of American laborers have been poured into the coffers of these men for absolutely nothing. This ‘sacred war debt’ was only a gigantic scheme of fraud, concocted by European capitalists and enacted into American laws by the aid of American Congressmen, who were their paid hirelings or their ignorant dupes.
That this crime has remained uncovered is due to the power of prejudice which seldom permits the victim to see clearly or reason correctly: ‘The money power prolongs its reign by working on prejudices,’ Lincoln said.” No wonder Abraham Lincoln was moved to say: “As a result of the war, corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until wealth is aggregated in the hands of a few and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war.”
Lincoln was well aware of the vicious money system which the bankers had foisted on the American people by bribing Congressmen and deceiving the American people.
AMERICAN GOVERNMENT MUST BE DESTROYED
In 1865, the London Times printed the following editorial which let the cat out of the bag completely: “If this mischievous financial policy [the United States Government issuing interest-free and debt-free money] which had its origin in the North American Republic during the war (1861-65) should become indurated down to a fixture, then that Government will furnish its money without cost. It will pay off its debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the Wealth of all countries will go to North America. That government must be destroyed or it will destroy every Monarchy on the globe!”
Here is public admission of the bankers through their controlled press that debt-free money is not only practical, but would be successful to the extent of becoming “prosperous beyond precedent in the history of civilized governments of the world.” Their admission confirmed the ideas of Lincoln that the founding fathers had the foresight to establish an honest money system and incorporate that doctrine into the American Constitution with the words: “Congress shall have the power to coin money and regulate the value thereof, and of foreign coins.”
And if further proof were needed that Lincoln understood money, We have the uncontradictable fact that the $347-million of United States notes issued by Abraham Lincoln are still in use and they bear absolutely no interest. The interest alone on $346 million, figured at 3 per cent, amounts to over $809 million during the last 78 years. This sum was saved the American people by Lincoln issuing this money in accordance with the dictates of the American Constitution. It could still be done today if we had a Lincoln as President who not only promised, but executed his promises with fearless action. Lincoln was assassinated by John Wilkes Booth on April 14, 1865.
APPENDIX: PROOF: John Wilkes Booth Was A Jew
Pompton Plains, N. J., September 2, 1960.
Mr. Gerald LK Smith. Director,
Christian Nationlist Crusade,
P. O. Box 27895,
Los Angeles 27 Calif.
Dear Mr. Smith:
After my letter to you in regards to the background of John Wilkes Booth, would advise for your information, that I obtained a copy of the book, “This One Mad Act, the Unknown Story of John Wilkes Booth and His Family,” by his granddaughter Izola Forrester, published by Hale, Cushman & Flint, Boston, 1937, in which book it is stated on page 135, that John Wilkes Booth, who assassinated President Abraham Lincoln, right name was Botha, a Jewish descendant of Ricardo Botha, a lawyer of Madrid Spain, a Spanish Jew whose son changed his name to Richard Booth and made his way to London, England and pursued the calling of a silversmith, and who was the father of Junius Brutus Booth, who settled in Baltimore, Maryland, and who in turn was the father of John Wilkes Booth, the assassin of President Abraham Lincoln.
ln another book entitled, “The Mad Booths of Maryland,” by Stanley Kimmel, published by Bobbs & Merrill, copyright, 1940, Indianapolis and New York, it is stated on page 58, Grandfather Richard Booth moved to a tavern in Baltimore, Maryland, where he died on December 28, 1839; the stone slab marking his grave in a Baltimore cemetary bore a hebrew inscription.
The lineage briefly is thus: Ricardo Botha, Spanish Jew, 1avyer, great grandfather; Richard Booth, silversmith, grandfather; Junius Brutus Booth, father of John Wilkes Booth.
I would suggest that you keep this data in your files for future reference.
With best wishes, I remain,
Sincerely yours ,
W. J. F. Hannemann
Address: Wm J. F. Hannemann-
Pompton Plains, N. J.