Magic Monday

[ecosophia]

It's just past midnight, so we can proceed with a new Magic Monday. Ask me anything about occultism and I'll do my best to answer it. With certain exceptions, any question received by midnight Monday Eastern time will get an answer. Please note:  Any question or comment received after then will not get an answer, and in fact will just be deleted. (I've been getting an increasing number of people trying to post after these are closed, so will have to draw a harder line than before.) If you're in a hurry, or suspect you may be the 143,916th person to ask a question, please check out the very rough version 1.0 of The Magic Monday FAQ here. Also: I will not be putting through or answering any more questions about practicing magic around children. I've answered those in simple declarative sentences in the FAQ. If you read the FAQ and don't think your question has been answered, read it again. If that doesn't help, consider remedial reading classes; yes, it really is as simple and straightforward as the FAQ says. 

The picture?  I'm working my way through photos of my lineage, focusing on the teachers whose work has influenced me and the teachers who influenced them in turn. I'm currently tracing my Martinist lineage.  That's rendered complex by the Martinist tradition that one does not name one's initiator, so we'll have to go back via slightly less evasive routes. Last week's honoree, Jean Bricaud, received the headship of the Martinist Order from this man, Henri-Charles Detre, who wrote under the pseudonym Teder. Detre was active in a great many occult circles in early twentieth century France; he was the head of the Ordre Kabbalistique de la Rose+Croix (Cabalistic Order of the Rose+Cross), headed several esoteric Masonic rites, and was also the chief of the French branch of the Ordo Templi Orientis (OTO) back in its pre-Crowley days. He headed the Martinist Order for only two years, from the death of Papus in 1916 to his own death in 1918.

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I've also had quite a few people over the years ask me where they should buy my books, and here's the answer. Bookshop.org is an alternative online bookstore that supports local bookstores and authors, which a certain gargantuan corporation doesn't, and I have a shop there, which you can check out here. Please consider patronizing it if you'd like to purchase any of my books online.

And don't forget to look up your Pangalactic New Age Soul Signature at CosmicOom.com.

With that said, have at it!

***This Magic Monday is now closed. See you next week!***

Comments

Re: zeeo and human sanity

[(Anonymous)]

JMG: "Care to guess why negative numbers became so popular in late Renaissance Europe? They made it easy to calculate debt."

Funny you should say that:

*****

An Accounting Model of the UK Exchequer – 2nd edition
https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/

Page 17:
"There is no public balance sheet for the Government Banking Service as it is not required to lay accounts, neither does it appear as a departmental section or subsidiary, warranting little more than a fees and cost line within HM Revenue and Customs departmental accounts. It is an opaque operation for which there is little public information. Nevertheless it operates with remarkable similarity to an agency bank and is modelled within this study as one.

Page 188 onwards from pdf at this link
https://gimms.org.uk/wp-content/uploads/2021/02/An-Accounting-Model-of-the-UK-Exchequer-2nd-edition.pdf

Appendix C: The Incorporation of the Bank of England

In the late 17th century, during the early years of King William and Queen Mary's reign, many projects to establish a bank were presented to the English Government. They were remarkable in that they proposed that the capital stock of an incorporated bank should constitute a permanent, funded loan to the Government. Incorporation was a prerogative of the Crown, which the sovereign exercised by consent to Acts of Parliament.

Motivated by the urgent need to improve the credit of the Government and raise finance for the war against France (War of the League of Augsburg), Government and Parliament agreed to the proposals of Charles Montagu, who drew from an earlier scheme outlined by William Patterson in 1691, a Scottish banker, trader and promoter of the failed Darien scheme. The Bank of England was duly authorised and incorporated by a Ways and Means Act of Parliament (5 and 6 Will. & Mary, c.20) on 27 July 1694, forming “The Governor and Company of the Banke of England”. The first Governor of the Bank was Sir John Houblon and the seal of the corporation was chosen as Britannia sitting atop a bank of money.

The Ways and Means Act of 1694 went by the long-winded title of:

"An Act for granting to theire Majesties severall Rates and Duties upon Tunnage of Shipps and Vessells and upon Beere Ale and other Liquors for secureing certaine Recompenses and Advantages in the said Act mentioned to such Persons as shall voluntarily advance the summe of [£1,500,000] towards the carrying on the Warr against France"

Its principal objective was to bring together public creditors to form a limited-liability, joint-stock company. A sum equivalent to the Bank’s total capital stock would be paid into the "Receipte of Exchequer" in Bank of England assignable bills that the Exchequer would then re-assign in order to pay its creditors. In return, the Bank would receive Exchequer tallies as a record of receipt.
The assignable bills would form a permanent loan to the Government, the interest on which would be paid by way of an annuity. A yearly sum of £96,000, 8% interest on the loan, was to be annually appropriated by the levying of certain taxes and duties (Ways and Means) for payment to the company by installment on a quarterly basis. The company also charged an annual management fee of £4,000, bringing the perpetual annuity due to £100,000. In return, the Act was to grant privileges to the company to conduct the business of banking.
*****

All thanks to a little zero ;)

Thank you for your reply - much to consider there.

Looking forward to seeing how this dance plays out!

[earthworm]