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The decline of the West, Volume 2

Note 712 — Chapter XI · THE STATE (B) STATE AND HISTORY (continued 2)

Charles Francis Atkinson translation

On the other side of the Channel, it is well known that the Rothschild fortune was founded in a dramatic play upon the varying news from the front in Belgium.

In the second phase of the Franco-German War of 1870–1 the bankers of Frankfurt took up holdings in the loans floated by the French Government of National Defence.—Tr.

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