Winning Battles Doesn’t Always Win Wars
Outside Independence Hall when the
Constitutional Convention of 1787
ended, Mrs. Powel of Philadelphia
asked Benjamin Franklin, "Well,
Doctor, what have we got, a republic
or a monarchy?" With no hesitation
whatsoever, Franklin responded,
"A republic, if you can keep it."
As a fledgling nation, when the United States declared its independence from Britain, it did not have the money to fight a prolonged war against the mighty and powerful British Empire. France, a long time rival and enemy of Britain, wanted revenge on Britain for their defeat in the French and Indian War. Politically, it was also in France’s interest to ensure that Britain and America didn't resolve their differences.
Knowing this, Congress decided to seek French support in the war and sent Benjamin Franklin, who could speak French, to meet with King Louis XVI and the French foreign minister. On February 6th of 1778, France and America signed a treaty called the “French Alliance”. This alliance put France at war with Britain and was the first document to officially recognize America as an independent state. Spain, an ally of France, joined the alliance a year later.
Britain was now forced to defend its own territory of England against possible French and Spanish attacks. This relieved the pressure on the American forces by forcing Britain to withhold many of its troops from the Americas because they had to defend their own shores.
France also financed our war. They lent us the money to help supply our army with the means to win our war against Britain. But where did France get the money to help finance our war? After all, France had been constantly at war in Europe and in the Americas and their coffers were strained. England was also strapped for money. Where did England get the money to finance their war against the Americans? War is costly!
On Sept 3rd of 1783, the newly formed United States and its former master, Great Britain, signed the Treaty of Paris officially ending the war. Under the terms of the treaty, Britain recognized the United States of America as an independent nation and agreed to remove all of its troops from its land. The treaty also set new borders for the United States including all land from the Great Lakes on the north to Florida on the south, and from the Atlantic Ocean to the Mississippi River. The United States had finally cast off the shackles of Great Britain and had won its independence, right? Not so!
In the Treaty of Paris, America agreed to pay all existing debts owed to Britain, and in the treaty of the French Alliance, France lent us the money to fight the British. France became our creditor and we became the her debtor. We literally owed France the farm.
Earlier, I asked the question, "Where did France and Britain obtain the money to fight their wars and finance their allies?" Through researching the history of the time, we come to find that France and Britain borrowed their money by securing loans from the International Bankers (Rothschilds, et al.). The International Bankers didn’t care which warring faction they financed. In fact they traditionally financed both sides because, win or lose, the Bankers usually ended up getting each country’s security (land) as collateral and, because of the way the Bankers negotiated the terms of the loans, including the interest, no country could ever pay them back.
In the end, America may have won the battle for our nation’s independence, but the International Bankers won the war. They always win the war if a country borrows money from them . The blood that was spilled by many of our Patriots to rid our country of the tyrannical rule of King George III of England was all for naught. We got rid of one tyrant and replaced it almost immediately with another—the International Bankers through debt. In essence, the United States began in bankruptcy by being plunged into debt with France and England.
In 1790 the United States officially entered into bankruptcy. When a country or any entity enters into bankruptcy, reorganization must take place. In 1791 reorganization began and under the traitorous actions of the bankers' puppet, Alexander Hamilton, and his puppet masters, we were forced into chartering a national bank under the control of the International Bankers in the guise of reorganization.
The problem the International Bankers faced was that the charter for the national bank was for 20 years. Between 1791 and 1811, the bankers were not subtle enough with their manipulation of our currency and the people saw the folly of the banking system set up by the International Bankers. Congress listened to the people and were not willing to extend the charter. In 1811, the renewal of the charter for the national bank was not ratified.
Question: What happened in America in 1812?
Answer: That’s the topic of our next blog post.
Until the next issue. Keep your powder dry and your money out of banks.
Gus
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