"But have not the Oligarchy standing armies?" I asked.
"Yes. In Europe, however, they have been constrained, by inability to wring more taxes from the impoverished people, to gradually diminish their numbers. There, you know, the real government is now a coterie of bankers, mostly Israelites; and the kings and queens, and so-called presidents, are mere toys and puppets in their hands. All idea of national glory, all chivalry, all pride, all battles for territory or supremacy have long since ceased. Europe is a banking association conducted exclusively for the benefit of the bankers. Bonds take the place of national aspirations. To squeeze the wretched is the great end of government; to toil and submit, the destiny of the peoples.
"The task which Hannibal attempted, so disastrously, to subject the Latin and mixed-Gothic races of Europe to the domination of the Semitic blood, as represented in the merchant-city of Carthage, has been successfully accomplished in these latter days by the cousins of the Phœnicians, the Israelites. The nomadic children of Abraham have fought and schemed their way, through infinite depths of persecution, from their tents on the plains of Palestine, to a power higher than the thrones of Europe. The world is to-day Semitized. The children of Japhet lie prostrate slaves at the feet of the children of Shem; and the sons of Ham bow humbly before their august dominion.
"The standing armies of Europe are now simply armed police; for, as all the nations are owned by one power--the money power--there is no longer any danger of their assaulting each other. But in the greed of the sordid commercial spirit which dominates the continent they have reduced, not only the numbers, but the pay of the soldiers, until it is little better than the compensation earned by the wretched peasantry and the mechanics; while years of peace and plunder have made the rulers careless and secure. Hence our powerful association has spread among these people like wild-fire: the very armies are honeycombed with our ideas, and many of the soldiers belong to the Brotherhood.