Those that say that the Bank of England is owned by the Government would be wrong. The Bank of England was originally a private bank, which contracted to lend money to the British Government in a financial crisis. It was privately owned at its foundation and remained so until the post-war Labour government nationalised it in 1946. So it is owned by the government? NO! Heres why In 1977, the Bank set up a wholly owned subsidiary called Bank of England Nominees Limited, (BOEN), a private limited company, with 2 of its 100 £1 shares issued. According to its Memorandum & Articles of Association, its objectives are:- “To act as Nominee or agent or attorney either solely or jointly with others, for any person or persons, partnership, company, corporation, government, state, organisation, sovereign, province, authority, or public body, or any group or association of them….” Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act. In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK. Mandelsons buddies, the Rothschild’s are major shareholders. Also the Queen. But the information is supposedly secret. We are not allowed to know. But what would surprise everybody is that the Bank of England, which is entitled to issue money, then lend it and charge interest to the government, is still essentially a private business. What would also surprise people is that the Federal Reserve of America a privately owned bank, and all central banks of the world, including the Bank for International Settlements (BIS) in Switzerland, which is the Central Banks clearing house. Directors of the ‘Bank of England’ G.W. McMahon, deputy governor since 1964, economic analyst Treasury 1953-57, adviser British Embassy Washington 1957-60 Sir Adrian Cadbury, chairman Cadbury Schweppes, dir. IBM UK Leopold de Rothschild, N. M. Rothschild and Sons. George V. Blunden, executive director of the Bank of England since 1947, served with IMF 1955-58 A.D. Lochnis, dir. J. Henry Schroder Wagg G.A. Drain, member Trilateral Commission, treasurer European Movement, Franco-British Council, British North American Committee, lawyer for many unions and health associations Sir Jasper Hollom, has been on the board since 1936 D.G. Scholey, chairman S.G. Warburg Co., Orion Insurance, Union Discount of London, Mercury Securities, which now owns S.G. Warburg Co. Irwin Holdings J.M. Clay, dep. chairman Hambros Bank, chairman Johnson and Firth Brown Ltd Hambros Life Assurance Sir David Steel, chairman of British Petroleum, director of the Kuwait Oil Co., The Wellcome Trust, trustee The Economist (whose chairman is Evelyn de Rothschild) Lord Nelson of Stafford, chairman GE Ltd. chairman Royal Worcester Co., Natl. Bank of Australasia, International Nickel, British Aircraft, English Electric, Marconi Ltd. chairman World Power Conference, Worshipful Co. of Goldsmiths, Middle Eastern Assn Lord Weir, chairman The Weir Group, chairman Great Northern Investment Trust E.A.J. George, executive director of the Bank of England, dir. Gilt-Edged Division Bank of England, IMF 1972-72, Bank for International Settlements 1966-69 Sir Hector Laing, chairman United Biscuit, Allied Lyons, Royal Insurance Sir Alastair Pilkington, chairman Pilkington Bros. Glass, dir. British Petroleum, British Railways Board. The Bank of England also dominates the Bank of Scotland, whose chairman is Robert Bruce, Lord Balfour; his title Balfour of Burleigh was created in 1607; he is manager of English Electric and Viking Oil; he married the daughter of magnate E.S. Manasseh. Directors of Bank of Scotland include Lord Clydesmuir, also dir. Barclays Bank, and Rt. Hon. Lord Polwarth, director of Halliburton, which interlocks with the Rothschild First City Bank of Houston and Citibank, Imperial Chemical Industries, Canadian Pacific, and Brown and Root Wimpey Highland Fabricators, which interlocks with George Wimpey PLC, largest construction firm in the British Empire, whose 44 companies have revenues of 1.2 billion pounds per year. Lord Polwarths daughter married Baron Moran, High Commissioner of Canada, who previously served as Ambassador to Hungary and to Chad; Baron Morans daughter married Baron Mountevans, manager of Consolidated Goldfields. Directors of George Wimpey PLC included S.S. Jardine; Viscount Hood, who is chairman Petrofina UK, and director J. Henry Schroder Wagg, and Union Miniere; and Sir Joseph Latham, chairman Ariel International, director Deutsches Kreditbank. Wimpey Co. interlocks with Schroder Ltd, parent of J. Henry Schroder Wagg. The Earl of Airlie (David Ogilvy) is chairman of Schroder; he married Virginia Ryan, grand-daughter of Otto Kahn and Thomas Fortune Ryan; The Earl is also director of Royal Bank of Scotland; directors of Schroder include Lord Franks, director of the Rockefeller Foundation, the Rhodes Trust, and Kennedy Center; he is a former Ambassador to the United States; G.W. Mallinkrodt; Sir E.G. Woodruffe of Unilever; and Daniel Janssen of the Bank of England. Do I detect a pattern here? Or do I have elite conspiricy fever?
Posted on: Mon, 10 Mar 2014 19:52:21 +0000
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