Study of the Hegemony of Parasitism - michaeljgoodnight.com

had begun as the Abraham del Banco family, the largest
bankers in Venice.
An interesting technique is revealed by the Charter of the
Bank of England: it was slipped through as part of a
tonnage bill, which was later to become a recognized
parliamentary technique. The Charter provides that
"rates and duties upon tonnage of ships are made
security to such persons as shall voluntarily advance the
sum of 1,500,000 pounds towards carrying on the war
against France."
Other European banks, such as the Banks of Genoa,
Venice and Amsterdam, were primarily banks of deposit,
but the Bank of England began the practice of coining its
own credit into money, the beginning of the monetarist
movement. The Bank of England soon created a "new
class" of moneyed interests in the City, as opposed to
the power of the old barons, whose fortunes derived from
their landholdings. Of the five hundred original
stockholders, four hundred and fifty lived in London. This
was the dawn of the preeminence of the "City", now the
world's leading financial center. For this reason, the
Rothschilds identified their key American banks with the
code word "City".
Early descriptions of the shareholders of the Bank of
England identify them as "a Society of about 1300
persons". They included the King and Queen of England,
who received shares to the value of 10,000 pounds
each; Marlborough, who invested 10,000 pounds -- he