At the height of the First World War, in 1916, the Dutch banker Johan Wateler wrote his last will in which he decided to allocate his fortune for a peace prize, the current Carnegie Wateler Peace Prize. This prestigious prize is awarded every year at the Peace Palace in The Hague.
This publication offers the first biography of the relatively anonymous Dutchman who followed in the footsteps of great peace philanthropists as Alfred Nobel. Johan Watelers motives for establishing a peace prize are discussed by following his career as a pioneer of social credit banks under the patronage of Princess Sophie of Orange-Nassau. And by looking at his personal interests for theatre and poetry.
The gift of November 16, 1916 remains an inspiring example of philanthropy as a 'credit for peace’ in times of war and crisis.
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