Rothschild & Sons in London provided large loans for the British to fight the Americans in the War of 1812
From 1813-1815, N.M. Rothschild & Sons in London provided large loans for the British to fight the Americans in the War of 1812 (Jun. 18, 1812 to Feb. 18, 1815). One £9.8 million loan in 1815 alone garnered the Rothschilds a 40% profit. See The Encyclopedia of the War of 1812, p. 40. ABC-CLIO, LLC (Santa Barbara, Denver, Oxford UK, 2012). £9.8 million in 1812 is today £878 million (UK) or $1,107 billion (US). In other words, N.M. Rothschild & Sons pocketed $443 million in profit from just one of their loans during the War of 1812 against America.
The Encyclopedia Of the War Of 1812: A Political, Social, and Military … – Spencer C. Tucker
See more about this here: The Encyclopedia Of the War Of 1812: A Political, Social, and Military … – Spencer C. Tucker – Google Books
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