part of the late war, Austro-Hungarian Consul in Berlin. We refer to one of the most important passages in the book bearing upon the subject:
“The pro-war bankers of 1854 as well as those of 1914 originated in the Semitic banking center of Frankfort-on-the-Main in Germany, the birthplace of the Bethmann-Hollwegs, the Goldschmidts, the Seligmans, Jacob Schiff,28 and the Rothschilds.
“All the vast wealth of the banking house of the Rothschilds, amounting at the beginning of the war to some twenty billion francs, was made chiefly in war operations, war financing. The Rothschild brothers of the Central Empires have in fact sometimes financed simultaneously rival groups of belligerents.
“Frankfort-on-the-Main is, and has been for more than a hundred years, the chief source of financial backing for wars. Kings, emperors, and war ministers have had to await the pleasure of these bankers before issuing their ultimata. To that