Dr Demartini speaks about The Book of Wealth in this special preview to Akasha from 2007
In this special preview to Akasha, released to promote a rare visit to London in 2007, Dr Demartini speaks about how he first encountered “The Book of Wealth.” He describes how, whilst watching a biography about Henry Clay Frick, the 19th century industrialist and philanthropist, he discovered that Mr Frick read a specific book, between midnight and 2am, every night when in New York. That book happened to be Hubert Howe Bancroft’s “The Book of Wealth.”
“The Book of Wealth” was initially published in 1895 in a limited number of 400 sets. Hubert Bancroft distributed the book to the wealthiest people in the western world such as the Morgan’s, the Rothschild’s and the Kennedy’s.
Demartini confesses that he likes to collect and absorb the greatest minds on the planet. Driven by this, together with his love of reading, Demartini decided to buy “The Book of Wealth.”
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Afterall, Demartini concludes, if someone like Mr Frick, who clearly made an impact on the world, would sit there night after night, year after year, reading one particular book, then it must be a pretty significant book.
The following day, Dr Demartini contacted the local bookstores seeking to purchase a copy of “The Book of Wealth.” He was told that the book was unavailable and referred to a bookstore who specialised in rare books. Not surprisingly, they also did not have a copy, although confirmed that they were aware of the publication and agreed to put out a world wide search for a copy of the book, on Demartini’s behalf.
Incredibly, several days later, Demartini received a call from the bookstore saying; “You’re not going to believe this but the book is up for auction!” (Dr Demartini credits this amazing turn of events to him asking for a copy of the book – Law of Attraction). He left instructions for the bookstore to bid “whatever it takes” to get that particular copy of “The Book of Wealth.”
Demartini admits that he thought “The Book of Wealth” to be literally one great book. Hence, when a giant crate was delivered to his 62nd floor Manhattan apartment, he was rather taken aback to discover that there were actually 10 volumes of “The Book of Wealth.”
Demartini – Book of Wealth Summarized
Dr John Demartini describes “The Book of Wealth” as being the history of economics and finances relative to the history of the human race. The book goes back to the Egyptians, the Babylonians and the Samarites. It examines all of the different cultures as far as recorded history has been able to demonstrate. It examines the wealthiest individuals, institutions, organizations, religious foundations and people who had built extreme wealth. Bancroft examines, what they did; how they did it; their mindset; their cause and their motivation. Demartini summarizes “The Book of Wealth” as being a deep exploration of the psychology of economic exchange. He concludes with the words; “By the time you go through these texts you will realize it’s not what most people think.”
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Hubert Howe Bancroft was an eminent historian who earned literary fame from his publications including “The Book Of Wealth” and “The Works of Hubert Howe Bancroft.” But was Bancroft really the author of these books or simply an editor-in-chief?
Hubert Howe Bancroft
Hubert Howe Bancroft was an entrepreneur and an avid bibliophile who loved to read, admire and write books. As a book seller, this passion could perhaps be considered an occupational hazard. However, in Bancroft’s case, he took book collecting to the extreme. In 1905, when his library was sold to the University of California, it contained somewhere in the region of 60,000 rare books, manuscripts, maps, and transcripts. In addition to having the library named after him, Bancroft was also awarded a prestigious professorship of history.
It was this obsession for collecting historical material which eventually led him to become a celebrated author and publisher later in life. Nonetheless, Bancroft’s literary endeavours were not without their critics. Many considered his works to be indicative of his and his researchers’ personal thoughts as opposed to being a true reflection of the historical subject matter being covered. Furthermore, there was also a degree of cynicism over the true authorship of Hubert Bancroft’s books.
Hubert Howe Bancroft and His Assistants
Originally, Bancroft employed assistants with the sole intention of researching and organizing data. From this, statements of fact were to be produced which Bancroft proposed to use as the foundations of a narrative which he himself would write. As the works progressed though, he came to use the statements as they stood making only minor editorial amendments.
Bancroft argued that his assistants were perfectly competent and, as such, he did not need to re-write their submissions. On the face of it, this testament to the quality and substance of the researchers’ writing would have been perfectly acceptable had Bancroft properly acknowledged and credited the researchers for their respective contributions. In later years several of Bancroft’s former employees, including Henry Oak and Francis Fuller Victor, were to claim authorship for large sections of “The Works of Hubert Howe Bancroft” that had been credited solely to Bancroft.
There is no doubting the historical significance of Hubert Howe Bancroft’s publications. However, whilst he considered himself to be the author of his books it is probably more accurate to suppose his input as being that of an editorial nature.
Editors’ Note: The image used in this post is a satirical caricature of Hubert Howe Bancroft which appeared on the cover of The Wasp magazine on 18 April 1885. As Bancroft gazes up into the air, there are many hands furiously scribbling away in his writing book. This image is intended to represent the vast numbers of researchers and assistant writers that Hubert Howe Bancroft employed. It was this, and possibly a tinge of envy, which placed the true authorship of his works into question.
Tegan Templeton EzineArticles Expert Author
Article Source: Hubert Howe Bancroft – Author Or Editor
