THE HISTORY OF MONEY

Napoleon  didn't trust the bank saying:

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."
Napoleon Bonaparte, 1815

For both sides of a war to be loaned money from the same privately owned Central Bank is not unusual. Nothing generates debt like war. A Nation will borrow any amount to win. So naturally if the loser is kept going to the last straw in a vain hope of winning, then the more resources will be used up by the winning side before their victory is obtained more resources used, more loans taken out, more money made by the bankers; and even more amazing, the loans are usually given on condition that the victor pays the debts left by the loser.

In 1803, instead of borrowing from the bank, Napoleon sold territory west of the Mississippi to the 3rd President of the United States, Thomas Jefferson for 3 million dollars in gold; a deal known as the Louisiana Purchase.

Three million dollars richer, Napoleon quickly gathered together an army and set about conquering much of Europe.

Each place he went to, Napoleon found his opposition being financed by the Bank of England, making huge profits as Prussia, Austria and finally Russia all went heavily into debt trying to stop him.

Four years later, with the main French army in Russia, Nathan Rothschild took charge of a bold plan to smuggle a shipment of gold through France to finance an attack from Spain by the Duke of Wellington.

Wellington's attack from the south and other defeats eventually forced Napoleon into exile. However in 1815 he escaped from his banishment in Elba, an Island off the coast of Italy, and returned to Paris.

By March of that year Napoleon had equipped an army with the help of borrowed money from the Eubard Banking House of Paris.

With 74,000 French troops led by Napoleon, sizing up to meet 67,000 British and other European Troops 200 miles NE of Paris on June 18th 1815, it was a difficult one to call. Back in London, the real potential winner, Nathan Rothschild, was poised to strike in a bold plan to take control of the British stock market, the bond market, and possibly even the Bank of England.

Nathan, knowing that information is power, stationed his trusted agent named Rothworth near the battle field.

As soon as the battle was over Rothworth quickly returned to London, delivering the news to Rothschild 24 hours ahead of Wellington's courier.

A victory by Napoleon would have devastated Britain's financial system. Nathan stationed himself in his usual place next to an ancient pillar in the stock market.

This powerful man was not without observers as he hung his head, and began openly to sell huge numbers of British Government Bonds.

Reading this to mean that Napoleon must have won, everyone started to sell their British Bonds as well.

The bottom fell out of the market until you couldn't hardly give them away. Meanwhile Rothschild began to secretly buy up all the hugely devalued bonds at a fraction of what they were worth a few hours before.

In this way Nathan Rothschild captured more in one afternoon than the combined forces of Napoleon and Wellington had captured in their entire lifetime.

How did Napoleon get money?

You mustn't forget that the military expeditions planned or led by Bonaparte (Italy or Santo Domingo) were organised for economic reasons or failed for serious lack of funds (Egypt).

MONEY FROM CAMPAIGNS IN ITALY AND AUSTRIA.

• Money was one of Napoleon's most important allies. At several moments, he used it to forge his own destiny. I'll give you just one example: the payment in May 1796 of the Armée d'Italie's wages in gold and silver pieces.
• The decision to fight the First Italian campaign had to a large extent been taken for financial reasons.
• The Directory was short of money because paper money was no longer used, and so it gazed covetously on the wealth of the Italian peninsula. It then sent an inexperienced general, Bonaparte (he had never commanded an army in combat), to try to fill up its coffers. The initial results were very encouraging. Bonaparte soon sent several millions to Paris.
•  But his army remained rather poorly supplied and, apart from the pillaging, most of the «booty» was not for the troops. Counter to all expectations, Bonaparte in Milan paid his army in coins, despite the Directory's instructions to the opposite. This measure was «revolutionary» for the time in that the armies of the Republic had before only ever received depreciated paper money called assignats. By paying in coin, Bonaparte got loyalty from his army and ensured his position at its head. Other generals, such as Moreau, tried to follow him, but as soldiers respectful of authority they were never able to go against the instructions of the government. There are many other examples too, such as the fact that during the Empire expenses related to regime dignitaries were higher than those of Louis XVI for his own court.
• It is true that the Directory was fairly effective in settling financial matters after the worst of the Revolution, but Bonaparte and his team were able to put public interest at the top of the agenda, and they built a financial system which could provide the State what you might call «enough to live on».

napoleon/money

France was very poor at this time and needed a lot of money. So Napoleon fought more battles in Italy, and then won a big war against Austria. He sent lots of money from Austria back to France.

SELLING LOUISIANA.

• Napoleon raised money by selling all the French land in North America to the United States. europe./history/napoleon
• Napoleon also sold the Louisiana Territory to the newly independent U.S. on April 30, 1803, for 80 million francs, or about 15 million dollars. In the U.S., this event is referred to as the "Louisiana Purchase."
• Napoleon had only acquired the territory himself three years earlier in a Treaty with Spain. He had made promises to the Spanish which he frankly did not intend to keep. It is quite likely that Napoleon had no interest in ever retaining the property. In the meantime, Thomas Jefferson, then President of the United States, was concerned that the French might try to close the port of New Orleans to American traffic.
• Although Napoleon's true motives are still a matter of conjecture, a major factor was a slave revolt in the French island of Santo Domingue (present day Haiti,) the only truly successful slave revolt in the Americas. It is entirely possible that the loss of this island possession caused
• It would thus appear that both the U.S. and France considered themselves the winner in this situation. France rid itself of lands which it never intended to keep and gained much needed revenue in the bargain; and the U.S. gained enough territory to double the size of the nation. enotes//why-did-napoleon-sell-Louisiana

SLAVERY

• As the sugar industry on Martinique began to grow, the French started bringing African slaves to the island to work on the sugar plantations. Martinique's sugar export reached an all-time high during the 18th century, which made the island France's most valuable colony. caribya/martinique/history/
• When Napoleon took control in France, he attempted to put Saint Dominique on a sound footing. By 1800 the plantations were producing for France only one fifth of what they had in 1789. He reinstituted slavery in the colonies, and denied rights to free blacks. He send an expeditionary force to retake Saint Dominique. Through deception the French captured Toussaint and took back to France. historywiz/slavery-french

CONTINENTAL SYSTEM

• The Continental System hurt English industries and helped spur the Luddite protest movement against unemployment in England. Although it stimulated manufacturing in some parts of France, the system damaged regions dependent on overseas commerce. Because the British had an overwhelming superiority at sea, though, enforcing the system proved disastrous for Napoleon. His efforts to halt evasions of his blockade stretched French forces too thin, and ultimately provoked his calamitous invasion of Russia in 1812. britannica

THE BANK OF FRANCE

1800

In France, the Bank of France was set up. However, Napoleon decided France had to break free of the debt and he therefore never trusted this bank. He declared that when a government is dependent on bankers for money, it is the bankers and not the government leaders that are in control. He stated, "The hand that gives is above the hand that takes. Money has no motherland, financiers are without patriotism and without decency, their sole object is gain." amthewitness.