EN — LARRY ROMANOFF: The US Civil War – The War of Financial Disobedience

The US Civil War – The War of Financial Disobedience

By Larry Romanoff, March 17, 2023


Photographer unknown. The featured image is from a 1970 anti-war protest by Vietnam veterans of multiple races. Source  



Contrary to popular belief, the US civil war was not about slavery but about political and financial control of the US, primarily due to repeated American refusals of Rothschild’s demand to create a privately-owned Central Bank. There is more than ample evidence that the severe divisions within the country which led to the American civil war were deliberately inflicted upon the US by these same European bankers, who were fulfilling their warning delivered more than ten years earlier that financial disobedience would be punished by the crafting and imposition of a civil war. Their plan, which came within a hair of succeeding, was “to exploit the question of slavery and thus to dig an abyss between the two parts of the Republic”, thereby throwing the new nation into a bitter civil war with the intent of destroying a strong debt-free nation and ending with two republics, each weak and debt-ridden, and therefore easily-controlled. Germany’s Chancellor Otto Von Bismarck claimed the Jewish European bankers were responsible for the American Civil War, stating “The division of the United States was decided by the high financial powers of Europe”, and van Helsing wrote “The reasons leading to this civil war were almost completely due to the Rothschild agents”, one of whom was George Bickly who was instrumental in persuading the Confederate States of the advantages of secession from the Union, thereby directly precipitating the American civil war.


The standard narrative in American history books tells us the US Civil War was about slavery and was fought to free the slaves, but in truth the civil war had nothing to do with slavery, and in fact the Crittenden Resolution [1] made clear before any shots were fired that “established institutions” like slavery would not be affected by the war’s eventual outcome. It is true many in the South resented the financial control by New York bankers skimming off much of the profits from the slave and cotton trades in the South, and hoped to end those predatory financial relationships by seceding from the American union. However, even though the war was fought partially for the profits of slavery, their purpose was political and financial, not moral, simply a grand opportunity to keep the immense wealth from slavery closer to home. And while this was in a sense the casus belli, the participants were merely playing a pre-programmed part in a war imposed upon them by people with very different ambitions. In any case, the bankers did succeed in their incitement to violence, and the Civil War was unleashed on the US, with the Jewish London bankers backing the Union and the Jewish French bankers backing the South. Everyone made a fortune and by 1861 the US was $100 million in debt.


Several events occurred that were of great importance to the outcome of civil war. One was that in spite of all the Jewish financing of the South, the North, under Lincoln’s leadership, was winning, and there was a point when the outcome was no longer in doubt. At that point, the Rothschilds cut off all war financing to Lincoln, decidedly altering the prognosis. Actually, they didn’t quite cut off the funds, but raised the interest rate to, if I recall correctly, 29%, an impossibly prohibitive and unaffordable rate and, by that one act, dooming the Union of the United States of America. The North, now unable to finance the war, would certainly lose, and the bankers would have their two weak nations to replace the single strong one. But Lincoln was no fool. Instead of succumbing to these machinations he snubbed the Rothschilds by issuing his own US government currency popularly known as Greenbacks [2] to pay Union Army bills without incurring debt to the bankers. At the time, the Rothschild-controlled Times of London wrote:


“If that mischievous policy, which had its origins in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off its debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.”

Emile Erlanger


After this, the tide shifted yet again, and a Northern victory was no longer in doubt, but the Rothschilds didn’t give up easily, and pursued their desired destruction. In March of 1863, they supplied a Jewish banker named Emile Erlanger [3] with yet another $7 million to lend to the South (perhaps $150 million in today’s currency), suddenly giving the Confederacy yet again sufficient funds to pay their troops and purchase ammunition and continue the war. There was no question that a surrender was imminent without this sudden infusion of cash. This huge extra investment by the Rothschilds did not alter the eventual course of the war, but it did extend the battles for perhaps two years, resulting in hundreds of thousands of extra needless deaths. It should be noted that this is a typical pattern; the First and Second World Wars were needlessly extended in this same way, for purely political considerations by the same bankers, resulting in additional tens of millions of needless and senseless deaths. It isn’t widely known, but Hitler at one point had clearly won the Second World War, with Britain penniless, beaten and on the ropes, when Hitler offered England a ‘draw’, an end to the war with no reparations and everything to remain as it was prior to the hostilities. But the Jewish bankers needed a British victory in order to obtain Palestine for a homeland, and schemed to bring the US into the war on Britain’s side. That did change the result, but tens of millions of lives were sacrificed for the creation of Israel.


During the war, Lincoln had ordered a blockade of cotton in an attempt to reduce Southern financing for their war of secession, but there were so many Jewish merchants smuggling the valuable cotton out of the South that General Grant ordered the expulsion of all Jews from the entire Southern region. The Jews were so much engaged in profiteering in the South during the war, and thereby directly financing the continuation of the civil war, that Lincoln declared the B’nai B’rith, the primary Jewish organisation of the day, as a “disloyal organization” that was “helping the traitors” of America. At the same time, Salomon de Rothschild [4] John Coleman – Rothschild Dynasty, a member of the Rothschilds banking house, came to America, declared himself a “Staunch Slavery Man”, and encouraged all Jews to assist the South in its attempt to secede from the union.


Izola Forrester, 1898, granddaughter of John Wilkes Booth


In 1863, the US Congress passed the National Banking Act that reinstated the Rothschild’s privately-owned US central bank, but Lincoln was re-elected President the following year and, cursing this bank, vowed to repeal the act as soon as he took his oath of office. Of course, before he had a chance to act, he was assassinated by John Wilkes Booth, a man with major connections to the same Jewish bankers. His granddaughter wrote a book titled ‘This One Mad Act’, [5] which documented Booth’s contact with some “mysterious Europeans” just before his assassination of President Lincoln.


In 2012, Steven Spielberg, the movie director (and master of American and Jewish propaganda), produced a movie on the US Civil War titled “Lincoln”, which was an unforgivably distorted portrayal of Lincoln, of slavery, and especially of the American civil war, an offensively false and mythical portrayal of the true facts. As one columnist noted, Spielberg’s movie “had too many negroes and too few Jews”. The upshot is that tens of millions of gullible Americans will take with them to their graves a totally and absolutely false understanding of a critical period in their nation’s history. This uniquely Hollywood process has always been obvious to citizens of other nations, with volumes of historical lies and misrepresentations irresponsibly presented as historical truth, this massive revisionism generally done with political motivation, to sanitise the truth and Photoshop various individuals or groups out of the picture and out of history.



Mr. Romanoff’s writing has been translated into 32 languages and his articles posted on more than 150 foreign-language news and politics websites in more than 30 countries, as well as more than 100 English language platforms. Larry Romanoff is a retired management consultant and businessman. He has held senior executive positions in international consulting firms, and owned an international import-export business. He has been a visiting professor at Shanghai’s Fudan University, presenting case studies in international affairs to senior EMBA classes. Mr. Romanoff lives in Shanghai and is currently writing a series of ten books generally related to China and the West. He is one of the contributing authors to Cynthia McKinney’s new anthology ‘When China Sneezes’. (Chapt. 2 — Dealing with Demons).

His full archive can be seen at

https://www.bluemoonofshanghai.com/and https://www.moonofshanghai.com/

He can be contacted at:




[1]  Crittenden Resolution


[2]  Greenbacks


[3]  Emile Erlanger


[4]  John Coleman – Rothschild Dynasty

John Coleman – Rothschild Dynasty

[5]  ‘This One Mad Act’ by Izola Forrester


Copyright © Larry RomanoffBlue Moon of ShanghaiMoon of Shanghai, 2023