Resource Confiscation: Countries invaded by the
1810 Supreme Court
rules in Fletcher v. Peck, the first ruling to
state law, that the
Contract Clause of the
Constitution could not be invalidated, even if the contract was illegally
the Panic of 1837 Moses Taylor* doubles his
fortune when many Americans go bankrupt during an abrupt
contraction of credit - more than half the
business' in New York fail.
1846 In every country
of the Temperate zone, the demand for British manufactured goods is much
greater than could be paid for by exports.
The difference in the
balance of trade is always systematically arranged by lending money on mortgage
for that amount, or by spending the
amount of the deficit in starting some business enterprise in that
In this way, the adverse
balance of trade is not
felt by the country falling behind.
It purchases all it wants, and the
adverse balance of trade actually makes times better; for it causes the profits
of the Money Power to be invested in the country, stimulating business into
The only disadvantage was that the business investment does
not belong to the nation but to the Money Power.
is not national prosperity but the
bloated gains of the Money Power.
growing faster than needs for use surplus profit is 'invested' all over the
world, in lands, in city houses, in building new railroads; and in buying vast
bodies of lands in the Tropics to create immense plantations for the growth of
spices, and all tropical productions; tea
plantations in China; coffee plantations in
Java and Ceylon; sheep ranches in Australia,
South Africa and South
America; sugar plantations in the West Indies and the Sandwich Islands;
gold and silver mines in California, the
Rocky Mountains, Australia,
Mexico, and South America; diamond mines
in India, and
South Africa and
ruby mines in
lumber mills in
Canada, the US, Norway, Sweden
and Poland; city building and
city buildings in all countries; railroads all over the world.
Founding new manufacturing
corporations, new shipping corporations, new trading corporations:
getting in all the outside capital possible and then freezing out
and throttling competitors;
getting peoples and countries all over the
world in debt and making parasite investments to the amount of the deficit of
the balance of
AT Stewart "Marble Palace" at 280
Broadway opens with a thousand clerks behind the counters, and twenty million
dollars worth of goods upon the shelves.
1850 Construction on the Panama Railroad begins.
City is planted as the outpost of Chicago, to take away the American trade
of the Southwest from St. Louis and carry it to Chicago.
wishes to see how these grand capitalists build up cities by the might of
capital, such curiosity will be gratified by
observations in Chicago and Kansas
City. Every suburb is planted, not by pioneers, as in other new towns, but
by capitalists, who spend millions before they invite a settler. A railroad is
first built to the prospective town, the streets are graded, gas and water
pipes installed, the sidewalks laid and then settlers are invited to make their
homes in the new suburb." - L.B. Woolfolk
1855 Moses Taylor becomes president of
Panama Railroad, inter-oceanic railroad, opens to traffic
allowing cargo from England to be shipped to the West coast of the Americas
without having to sail through the Cape of Good Hope.
1857 During the
Panic of 1857, National City Bank profits by
purchasing floundering competitors.
Moses Taylor has an unlimited
supply of cash for buying up distressed stocks as does
George Peabody and
Junius Spencer Morgan, John Pierpont Morgan's
purchases nearly all the stock of Delaware Lackawanna Railroad for $5 a share,
seven years later, it is selling for $240 a share.
qualities of conservatism and purity, George
Peabody, the old tree out of which the House of Morgan grew, was famous. In
the Panic of 1857, when depreciated
securities had been thrown on the market by distressed investors in
America, Peabody and the elder Morgan, being in possession of cash, had
purchased such bonds as possessed real value
freely, and then resold them at a large advance when sanity was restored."
- Matthew Josephson, The Robber Barons 1934
"One of the high water marks of the successful
Rothschild-Peabody Morgan business venture was
the Panic of 1857.
It had been twenty
years since the Panic of 1837: its lessons had been forgotten by hordes of
eager investors who were anxious to invest the profits of a developing
It was time to fleece them again.
stock market operates like a
wave washing up on the beach.
It sweeps with it many minuscule
creatures who derive all of their life support from the oxygen and water of the
They coast along at the crest of the "Tide of Prosperity".
Suddenly the wave, having reached the high water mark on the beach,
recedes, leaving all of the creatures gasping on the
Another wave may come in time to save them, but in all likelihood it
will not come as far, and some of the sea creatures are doomed.
same manner, waves of prosperity, fed by
newly forged money, through an
artificial contraction of credit, recedes, leaving those it had borne high
to gasp and die without hope of salvation." - Eustice Mullins
of California, Australia, the Rocky Mountains, Mexico and South America add
hundreds of millions of dollars to the circulating currency of the world.
The newly mined gold and
silver currency circulation forged transportation building on a massive
1859 Discovery of oil in Pennsylvania.
embark in the new enterprise; spending millions in prospecting for oil, and
millions more in operating successful wells while engaged in active and healthy
competition in the oil market.
A railroad is built to the oil regions,
but not built to the oil wells.
Its terminus is fifteen miles away.
A few wells are purchased and a pipe line incorporation is organized.
A pipe line is laid from the wells purchased, out to the railroad, with
steam engines stationed at intervals, to force onward the sluggish flow of oil.
At that time, six thousand wagons were hauling oil over corduroy roads
out to the railroad.
The well owners hauling the oil in barrels on
wagons could not compete with the pipeline.
The profits of oil barely
The individual well owners had to plug up their
wells, waiting for another railroad to be built into the oil regions, over
which they might ship.
No other railroad was built.
1860 Armed with the immense capital
derived from all its sources of wealth, the Money Power began investments in
mortgages in real estate and
began its career of monopolizing whole branches of industry and
vast lines of trade.
massive capital of the Money Power had become so vast that they were able to
expand into mortgaging and purchasing property including huge bodies of wild
lands and to begin the purchase of sustenance industries - improved
flour mills, meat packing and
Two-thirds of the
shipping tonnage leaving New York harbor is in
commercial marine received the fair market price in the foreign port for
The profits were divided between the American
producer, the American merchant who exported the product, and the
American ship owner who
1862 The Homestead
A homestead was a 160 acre rectangle, a quater section, of
public land in the West granted to any US citizen willing to settle on and farm
the land for at least five years.
How the Feds Botched the Frontier Homestead
1863 After the
Civil War the Money Power realized all profits beyond American shores.
Foreign shipping, especially that of Great Britain, carries
three-quarters of the trade.
"By the time the CSS Shenandoah lowered
its flag, 715 American vessels had been transferred to the British flag to
escape capture or bankruptcy."
- Lynn Schooler
We know from the Irish famines,
that a modern famine is not a dearth of food, so much as the lack of means to
During one of the famines in Ireland, an American vessel
entering the harbor of Cork with provisions sent by American charity to the
starving Irish, met two vessels sailing out of the harbor laden with food sent
from Ireland to a foreign market.
The millions who have perished of
hunger since the founding of the East Indies Company were the victims of the
Money Power decreasing the value of labor and increasing the value of
With unlimited funds from "profitable investments" the
Money Power made immense land investments in India purchasing the very rich
delta lands along the streams of the alluvial plains of the Ganges and the
Brahmaputra rivers which stretched from the sea to the foot of the Himalaya
Offering the alternative of emigration to the new plantations
or starvation the Indian
populace was turned into a race of serfs who would till the soil for wages
barely sufficient for subsistence.
Produce grown at starvation wages
flooded world markets forcing down the price of products all over the Earth to
the pauper standard of labor.
money system obliges us to incur debt collectively, and to
compete with others in the
community, just to obtain the means to perform exchanges between us." -
"The man at whose house I boarded
told me one day he had been rich, but had failed in business: he obtained
support by taking boarders .
"Misery loves company and the
only consolation I have is that all the tall trees of the forest fell, when I
Why sir, not more than three or four business men in New
York, who were prominent in business before the War, are in business now.
They all failed.
knew what hurt them, business took new channels, their business left them and
they went broke.
How business changed in New York since the War is
incomprehensible to everybody." - L.B. Woolfolk
"If things go on, in a few years more
the Money Kings will own a wider empire of
farming lands in the US than in India; and the American
farmer will be reduced to the condition
of the Hindoo peasant laborer working for a few cents a day, or he may look on
and see the lands he has lost cultivated by Chinese and Hindoo (or Mexican). We
shall be reduced to the
condition of slaves. There is a bottomless pit before us. The Money Power
is preparing to plunge us into it." - L.B. Woolfolk
"There they are ceaselessly
storing up the wealth that flows to them from the rest of the world .
Men in strange climes, and in strange dresses, and
speaking all manner of
tongues, are seen preparing produce and luxuries of all kinds for the
Temple, which flow thither in long streams across land and sea.
still the work of storing goes on: gold, silver, and all precious things, the
delights of life, the cream of the earth's good things accumulate higher and
higher in the chambers of the Temple." - City of London, Blackwood,
John D. Rockefeller incorporates
Standard Oil in Ohio.
John D. Rockefeller is
financed by the Kuhn &Loeb.
Chicago is rapidly becoming a railroad and business center for the
It is the city best adapted to become the trade center of the
country with the exception of St. Louis which is being operated by well
Nobody ever knew how the fire
The fire started at about 9 p.m. on Sunday, October 8, in
or around a small shed that bordered the alley behind 137 DeKoven Street.
The mythical origin of the fire is that it was started by a cow kicking
over a lantern in the barn owned by Patrick and Catherine O'Leary.
Michael Ahern, the Chicago reporter who penned the cow myth, admitted
in 1893 that he had made it up because he thought it would make colorful
A high wind prevailing at the time swept the flames through the
center of the city, leaving a path of desolation three-fourths of a mile wide.
The business center of Chicago was reduced to ashes.
The business community had been doing
business in cheap two-story houses.
The capital for building public improvements on
a large scale could only be found in the City of London.
Power then dictated the style of buildings to be erected - splendid structures,
from six to ten stories high, the upper stories of which could only be rented
for offices or lodgings.
When the Panic of 1873 occurred business was
prostrate, renters were lacking for the upper stories, payments could not be
made, mortgages were foreclosed,
and the most of the grand Chicago business blocks became the property of the
Money Power mortgage holders.
Standard Oil absorbs or
destroyes most of its competition in Cleveland in less than two months and
later throughout the northeastern US.
Standard Oil crushed all competitors and
takes possession of the entire oil industry of America establishing a
The only group to survive outside the
Standard Oil Trust at that time were the
Texas oilmen as the state of Texas issued
an injunction against
Standard Oil doing business in Texas.
1873 The New England Mill owners had to
sell their goods as cheap as the English goods were offered in the custom
house, at one-tenth of a cent a yard below the cost of production.
had to keep on running, even at a loss; for the delicate machinery, if suffered
to lie idle for six months, would become lopsided and worthless.
New England Mill owners continued to run on at a loss until they all failed.
"It was in its devouring the
mills of New England that I first came
upon the track of the Money Power.
I knew that the Money Power had
brought on the Panic of 1873, by the failure of
Jay Cooke, and I was sure that they were
engineering it to suit their own interests." - L.B. Woolfolk
When A. & W. Sprague fails
a tide of bankruptcy sweeps
over New England.
The newspapers at the time are filled, not with
advertisements but, with bankruptcy
For five years all business is
crushed and lifeless.
As iron works fail the Money Power buys up iron
mines, and foundries and machine shops;
companies go broke from the long stagnation of business they buy the mills and
the forested lands; the Money Power bought American products at extremely
low prices, and made unusually large profits; and they had
a grand harvest foreclosing
mortgages and taking possession of
Supreme Court decision of Munn vs. Illinois
approves state laws to regulate prices charged to farmers for the use of the
After the Civil War the fluctuation in the
price of lumber, and the cuts in prices between different dealers was evidence
of the war of the Money Power upon all independent lumber men.
ownership of the railroads gave such an advantage to the Money Power in
shipping their lumber to market that all competitors were crushed.
1878 If a
gold or silver mine proves to be
rich, only the poorer levels nearer the surface are worked, till the
stockholders become discouraged and sell out their
If on the other hand, the mine proves to be a pocket, like
the Emmy Mine in Utah, it is puffed in the newspapers until outsiders have
bought the stock; then the true state of things is revealed.
The "Cotton Seed Oil Trust" takes possession of the small American producers to
bogus lard and cooking oils.
The American producers had sold cotton
seed oil as light weight lubricating oil.
National Linseed Oil Trust of
St. Louis is formed to protect linseed interests in the US.
Trust" takes possession of the sugar production and traffic.
Trust" monopolized the manufacture and sale of distilled liquors.
How Jews Gained American Liquor Control
Trust" took possession of the cattle ranches, the raising of cattle and
production of beef.
Trusts, each with millions of capital, began
monopolizing production and traffic in salt, lead, cordage, nails, coke,
lumber, sheet zinc, copper, crucible steel, and other products.
these "trusts" depress prices until competition is destroyed and then they will
double the price of the articles they monopolize.
Trusts do not merely
war upon individual competitors they war upon
These trusts are really a conspiracy against the prosperity of
any nation as they destroy individually enterprising men, one by one, through
the slow torture of financial ruin.
Cumulative individual loss strikes
a blow into the center of national prosperity and national life.
Supreme Court decision of Wabash
vs. Illinois abolishes 230 state laws passed to regulate rates charged
by the railroads, rates for use of the grain elevator and other
laws passed to regulate
1888 Southern cotton
syndicate is formed to subsidize
Southern cotton is delivered to the syndicate at the price
offered until syndicate capital is spent, then cotton sinks to one and one-half
cents a pound.
57% of the cattle companies are broke. In order to
destroy these American cattle companies, and also to crush the farmers raising
cattle, the Money Power forced down the price of cattle in defiance of
the law of supply and
Although cattle was bought for reduced prices those reduced
prices never reached the consumer who continued to pay top dollar.
"Coffee Trust" set to work to destroy all the coffee merchants.
Money Power reduced the price of coffee to break competitors of the trust and
as soon as this was accomplished the trust doubles the original
1889 British Crown charters
British South Africa incorporation to Cecil Rhodes.
1911 The Standard Oil
Trust is ruled illegal by the Supreme Court and
fined $29,000,000 which
is never paid.
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American social mores and values have
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corporate media psychological operations. The results have been the destruction
of the family and the destruction of social structures that do not adhere to
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