Study of the Hegemony of Parasitism - michaeljgoodnight.com

In October, 1926, Governor Emile Moreau of the Bank of France sent his
closest collaborator to London to explore the intentions of Montagu Norman,
Governor of the Bank of England. Pierre Quesnay, then general manager of
the Bank of France 1926-30, and Bank for International Settlements 1930-37,
brought back a report which was recorded by Moreau:
"Quesnay also gives me interesting views about the ambitions of Montagu
Norman and the group of financiers who surround him: Sir Otto Niemeyer, Sir
Arthur Salter, Sir Henry Strakosch, Sir Robert Kindersley they are striving to
make London the great international financial centre. But those close to
Norman state this is not his objective ... he wants more than anything else to
witness the setting up of links between the various banks of issue ...
The economic and financial organization of the world appears to the
Governor of the Bank of England to be the major task of the Twentieth
Century. In his view politicians and political institutions are in no fit state to
direct with the necessary competence and continuity this task of organization
which he would like to see undertaken by central banks, independent at once
of governments and of private finance.
Hence his campaign in favour of completely autonomous central banks,
dominating their own financial markets and deriving their power from
common agreement among themselves. They would succeed in taking out of
the political realm those problems which are essential for the development
and prosperity of the national financial security, distribution of credit,
movement of prices. They would thus prevent internal political struggles from
harming the wealth and the economic advancement of nations."
In short, Norman wished to see the imposition of the
World Order over the financial affairs of the nations. It
was this agreement among the central banks, rather than
the front organization, the League of Nations, which
became their final instrument of power. Crucial to these
arrangements was the monetarist school, the Austrian
School of Economics, an outgrowth of the Pan-Europe
movement.