ATDTDA (2): J. (P)ierpont Morgan (33.27)

[robinlandseadel at comcast.net]

But to return to the start of the Industrial Revolution. At its 
beginning, the ruling powers in Great Britain embarked 
on one of the most sustained efforts to destroy community 
life ever undertaken. From 1770 to 1830 some 3,280 
enclosure bills were passed putting into private hands for 
private gain more than six million acres of commonly-held 
lands. By 1830 not a single country had more than three 
percent of its land open to public use. According to 
historian George Sturt:

"To the enclosure of the commons more than to any other
cause, may be traced all the changes which have subsequently 
passed over the village. It was like knocking the keystone 
out of an arch."

This control of finite resources, and with it the diminution of 
democracy, was well advanced by 1901 when Morgan and 
Rockefeller, who headed the two main financial groups in 
America, amalgamated 112 corporate directorates, combining 
$22.2 billion in assets - a massive sum in those days. In 1910 
eight financiers, including the host, met in absolute secrecy at 
the private hunting club of J.P Morgan - the Jekyll Island Club 
off the coast of Georgia - "to shoot ducks". News of this meeting 
did not leak for six years, but from then on snippets of information 
were made public. For example, on 18 January 1920, The New 
York Times made a most revealing statement about the Federal 
Reserve System, the basic plan for which those secretive bankers 
had proceeded to draft back in 1910: "The Federal Reserve is the 
fount of credit, not of capital." This meant that Reserve notes, instead 
of being backed by precious metal or other suitable commodity which 
would provide capital funds for the betterment of industry and commerce, 
are backed by paper loaned at interest.

http://www.converge.org.nz/pirm/elite.htm

J.P. Morgan created and controlled Mahonia Ltd., an energy 
trading business. A venture company created in December of 
1992, Mahonia operated out of the Channel Islands in the UK. 
Sixty percent of its transactions were made with Enron. These 
transactions were originally made by Enron in an attempt to 
defer taxes, but as the company's debt increased, and the energy 
industry continued to experience losses, the transactions became 
a means to finance its operations.

http://www.securitiesfraudfyi.com/jp_morgan.html

The Pervasive Influence of International Bankers

Looking at the broad array of facts presented in the three 
volumes of the Wall Street series, we find persistent 
recurrence of the same names: Owen Young, Gerard 
Swope, Hjalmar Schacht, Bernard Baruch, etc.; the same 
international banks: J.P. Morgan, Guaranty Trust, Chase 
Bank; and the same location in New York: usually 120 Broadway.

http://www.reformation.org/wall-st-ch12.html

At about the same time the Du Ponts were serving the Nazi 
cause in Germany, they were involved in a Fascist plot to 
overthrow the United States government.

"Along with friends of the Morgan Bank and General Motors," 
in early 1934, writes Higham, "certain Du Pont backers 
financed a coup d'etat that would overthrow the President 
with the aid of a $3 million-funded army of terrorists . . .
" The object was to force Roosevelt "to take orders from 
businessmen as part of a fascist government or face the 
alternative of imprisonment and execution . . . "

Higham reports that "Du Pont men allegedly held an 
urgent series of meetings with the Morgans," to choose 
who would lead this "bizarre conspiracy." "They finally 
settled on one of the most popular soldiers in America, 
General Smedly Butler of Pennsylvania." Butler was 
approached by "fascist attorney" Gerald MacGuire 
(an official of the American Legion), who attempted 
to recruit Butler into the role of an American Hitler.

"Butler was horrified," but played along with MacGuire 
until, a short time later, he notified the White House of 
the plot. Roosevelt considered having "the leaders of 
the houses of Morgan and Du Pont" arrested, but feared 
that "it would create an unthinkable national crisis in the 
midst of a depression and perhaps another Wall Street 
crash." Roosevelt decided the best way to defuse the 
plot was to expose it, and leaked the story to the press.

"The newspapers ran the story of the attempted coup on 
the front page, but generally ridiculed it as absurd and 
preposterous." But an investigation by the Congressional 
Committee on Un-American Activities - 74th Congress, 
first session, House of Representatives, Investigation of 
Nazi and other propaganda - was begun later that same year.

"It was four years," continues Higham, "before the committee 
dared to publish its report in a white paper that was marked 
for 'restricted circulation.' They were forced to admit that 'certain 
persons made an attempt to establish a fascist organization 
in this country . . . (The) committee was able to verify all the 
pertinent statements made by General Butler.' This admission 
that the entire plan was deadly in intent was not accompanied 
by the imprisonment of anybody. Further investigations 
disclosed that over a million people had been guaranteed to
 join the scheme and that the arms and munitions necessary 
would have been supplied by Remington, a Du Pont subsidiary." (8)

http://emperors-clothes.com/articles/randy/swas1.htm

The fall of Morgan

The middle of XIX century was marked by a railway construction 
boom in America. The railway market was controlled by two 
persons — Cornelius Vanderbilt, who died in 1877 as the 
richest American of that time, and his main competitor, 
Jay Gould, director of Erie Railroad Co. In their struggle against 
each other and the other competitors Guild and Vanderbilt used 
all accessible means from stock market manipulations to armed 
strikes. They say, both kept gangster armies, which plundered 
the competitors’ trains and blew up bridges. Their influence was 
so great that even authorities did not attempt to interfere. That 
time thousands of kilometers of railways were laid annually in 
USA, but even the largest railway companies were compelled 
to approach bankers for loans.
Banker J.P. Morgan became the creditor of the largest American 
railway companies. At the slightest payment delay, Morgan, as 
historians cite, would informed the manager of the company: 
“Now your company belongs to my clients”. Often he was his 
own client. As a result, “the railway wars” in USA started to 
fade, and John P. Morgan began to control practically all 
railway companies in the northwest of USA.
In the beginning, authorities treated Morgan quite loyally as in 
case with Rockefeller, they even addressed him for help, for 
instance, when they needed for him to stop the 1902 miners 
strike in Pennsylvania. However, the same year of 1902 
became a turning point. In the beginning of the year Morgan 
intended to establish Northern Securities Company, which 
would officially possess the railway companies in the northwest 
of USA. Unexpectedly for Morgan, the state has opposed. 
Theodore Roosevelt, referring to the anti-trust law passed in 
1890, has given the order to the Minister of Justice to begin a 
liquidation process of a newly formed company. When anxious 
Morgan finally met up with Minister of Justice, Philander Nocks 
and reproached government that if it had notified him beforehand
 — then he somehow could have corrected a situation so that 
anti-trust legislation was not infringed, — Nocks answered with 
an unusual frankness: “We do not want to correct a situation, 
we want to for this to be over”.
It wasn’t a secret to anybody that Morgan was penalized for 
having a way too profound of an influence on all American life. 
The subject matter “United States against Northern Securities, 
Great Northern Railway, Northern Pacific Railway and 
John P. Morgan” was construed in a rather short time. Toward 
the middle of March the Supreme Court of USA recognized 
establishment of Northern Securities as illegal and dismissed it.

However, this wasn’t the end of Morgan’s prosecutions, 
authorities went ahead with the execution of an unprecedented 
investigation on the scale of influence by Morgan’s company. 
Federal representatives asserted that every string in managing 
the country’s leading financial establishments led to J.P. Morgan
 and Co, who accumulated the capital of 25 billion, that at that 
time equaled to two thirds of the US GNP. As well as Rockefeller, 
Morgan wasn’t stripped of his wealth, however, his influence was
profoundly shaken. At the end of 1912, addressing to senatorial 
committee, 75-years Morgan confessed that he “didn’t want to 
administrate anything” and that he didn’t have any authority even 
within his own company. Soon after J.P.Morgan died.

http://www.kpe.ru/en/481/


". . . .Finally, in Chapter Eleven we examined the roles of the 
Morgan and Chase Banks in World War II, specifically 
their collaboration with the Nazis in France while a major 
war was raging. . . ."

http://reformed-theology.org/html/books/wall_street/chapter_12.htm

As Anthony Sutton notes, Rockefeller

“controlled the copper trust, the smelters trust and the 
gigantic tobacco trust, in addition to having influence 
in some Morgan properties such as the U.S. Steel 
Corporation as well as in hundreds of smaller industrial 
trusts, public service operations, railroads and banking 
institutions. National City Bank was the largest of the 
banks influenced by Standard Oil-Rockefeller, but 
financial control extended to the U.S. Trust Co. and 
Hanover National Bank [and] major life insurance 
companies – Equitable Life and Mutual of New York” 
(Wall Street and the Bolshevik Revolution, 1981).

http://coat.ncf.ca/our_magazine/links/53/rockefeller.html