The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1911-08-18

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and latest nfts nnd ilaiht as iafrn ord
as costly nj ihr army Itself. and 10 musi
No. an enormous army. because tbe o.
rosiio eide hoe ail ihe hppuHonanecs
Too
wow. as ] told YOU. ihe cnfiy wars
were marnn1lna wars When ihe Thif T
~ Years war was on in Germany. not
only the property whs destroyed bot
The people were desifoycd with IL. and
ii is said that M 20 The year 1870 Ger.
many had not recovered from that
Thirty Years War.
Thirty weoks' war Is now impossi.
bic. Thirty minutes war will be
financially impossible before inven.
tiona nre finished. So there must be
found n cheaper wav Of settling these
differences. Now when nations began
10 settle their differences that were in
side themselves, the people began TO get
better education. They began 10 think
more of themselves. And then began
the growth Of democracy. II was the
idea Of King Louis XIV. that he was
the owner Of the land. The people
were simply settlers on his land. No
wonder then that he thought that he
could extort money. But he could not
borrow much. The money that he bor-
rowed would soon disappear. No won
der then the common people began to
assert themselves. The idea became
uppermost with them that a nation be-
longed TO the people, and the nation
could only spend what the people al
lowed il to spend. The idea came up
in England and It was William Pitt
who developed the idea still further.
Now the people can borrow money
when the king can not. This developed
in England the national debt William
Pitt was willing to borrow money be-
cause his idea was that the king be
longed to the people, and that the PEG
! pie had right to dispose of the money
as they liked William Pitt borrowed
| twenty five million dollars England
! had borrowed money to defeat Napo
/ leon. 1t was necessary, therefore, for
! the other nations to do something of
| the same kind. Now they had the
spectacle of bankruptcy armed to the
teeth. That was not the kind of
peace we are looking for. Europe has a
war debt of twenty.six billions of
| dollars, and the interest on the war
/ debt eleven hundred and fifty mill
ion dollars year. 1t is sum so
large that it can never be repaid un
der the conditions that prevail in
these governments. Practically no
Roadway has been made in paying off
this indebtedness. Tie other nations
are running into debt the same as
Great Britain has Great Britain s
debt is thirty-six hundred million dol
lars. Germany's thirty-six hundred
million dollars, France six thousand
million dollars, Russia five hundred
million dollars, Spain and Austria pro-
portionately the same; japan thirteen
hundred million dollars. All the rest
of the warning nations have large sums
, in interest to pay. This money comes
out of the pockets of the men who do
. the work. 1t goes to the men who rep
, resent the large finances.
fThe war between the United States
and the mother country cost the latter
/ about $S,000,000 to pay for the sol
diers that she sent to the United
States in that war there was a man
! who had a good friend who would lend
} the money. That man was for some
} time known as Red Shield Later on
, he became Rothsehild. He got money
enough to become uncle to the king OF
: Denmark. This was of great assist
anee to him in placing money. Kings
are always agreeable to borrow. If q
king is too good at repaying, then
: there are men to be found who will
bull and bear the deals just as is done
ON the stock exchange So when came
the battle of Waterloo the house of the
Red Shield, the most degraded fnan
cier that ever lived, was at that bat
tie, and he got news home of the way
in which that battle had turned out
that enabled him to control the debt OF
Great Britain. You don t have to owl
2 railroad to control it. You hav,
enough stock to determine how tn,
: thing win go. The house of Rec
Shield has been the ruler ever since
The kings drive behind the money
lenders, who are controlling the flu
. ture of the nations in dealing will
: each other.
!. Many years ago there was a car
toon showing farmer in the field will
! a man on his back taking snuff. 4
I recent cartoon showed the sam
!. farmer with soldier on his back
. Had that picture been true it woul'
' have shown the farmer with Seventeen
4 bondholders ON his back. There ar
I sixteen or seventeen hondholders tina
!. deal with the debt of nations, but tn
/. house of Rothschild has five or ST;
2 houses, one in each of the great ma
j. tions. One banking house alone ma,
It fail. but FIVE or six all bound tOgethe
It could not fail. One of the rules j
r that they shall make good all thei
l. obligations, the second is that the
.. shall stand together-whateve ma
e happen inside the nation the house
IS viii stand together as one. They pla
4 no favorites. They lent Napoleo
'e money to become an emperor. The
lent money at the same time to tn
le other side to crush Napoleon. The
ss lent money 70 Russia and they len
e money to Japan, and when they hav
II lent enough to these two nations, the
st the white dove is ready to land 6