te that it seemed as though the kingdom of Turkey must soon be
swallowed up by the more powerful nations of Europe.

The Turkish nation has been on the verge of bankruptcy for many years.
To help the struggling Government along loans of money have been made at
different times, and all that was of value in the country pledged as
security for the repayment of the loans. Bonds were issued on these
securities, but owing to the impoverished condition of the country they
were of very little value, and at one time the Turkish bonds were the
joke of the stock market. Still, the bonds existed, and their holders
hoped at some time to get their money back.

Few governments are wealthy enough to support themselves without
borrowing money. In Europe most loans are arranged by the wealthy
bankers, who demand security in return. We explained this matter to you
in speaking of the quicksilver mines and the Rothschilds, on page 1023.

Transactions of a similar character to that of the quicksilver mines
have been entered into by almost all of the European countries, and the
consequence is that there is hardly a foreign nation that is not under
obligations to its moneyed men, or financiers, as they are called.

The power of the financiers has become so great that they are now able
to dictate the policy of Europe. Behind the will of kings and emperors
is the will of these financiers. If the moneyed men refuse to lend their
gold to a country, they may prevent its going to war, the erection of
fine buildings, or the doing of many things that are necessary to keep
up its proper position as a nation.

When Greece, enraged that her Christian brothers should be under the
thraldom of the heathen Turk, went to the rescue of Crete, all the brave
men of Europe applauded the gallant little country for her pluck. But
the brave men of Europe did not represent the money of Europe. The
financiers who were at the back of the various Powers distinctly
disapproved of the war. If Greece succeeded in whipping the Turks all
the money invested in Turkey might be lost.

In was well understood that Greece could not succeed in the struggle
with Turkey unless some of the Powers came to her aid, and so the
financiers warned the statesmen that Greece must not be helped; and
because of the power of the financiers, and for the sake of the money
involved, Greece was sacrificed, and Turkey permitted to be the victor.

The whole situation was thoroughly understood by