Looking Back: Fed Created in 1913, JP Morgan Buys 25 Newspapers in 1917, Replaced Editors
|John Pierpont Morgan|
When certain men can print their own money, and charge interest on that money while bringing the U.S. Federal Government along with them on this miscarriage of justice that we call the Federal Reserve, this is criminal genius if ever there was such a thing.
When certain men can also control the media, propagandizing America for their own financial gain (and surely to hush the news over their Federal Reserve treachery) this is equally impressive, equally evil and equally treasonous to the highest order.
Controlling the money and controlling the media are no less relevant today and no less wicked then it was near the turn of the twentieth century.
With staggering amounts of money and power lying in the hands of only a few, can there be any doubt that political leaders and organizations claiming to do good are doing the bidding of these who seek to enslave us all?
To deny that the bloodlines of men like, John D. Rockefeller, J.P. Morgan, along with Paul Warburg and other such banksters are not still controlling and plotting against the masses, as they sit high atop their elitist pyramid, is great naiveté.
Call it the New World Order, call it "world governance", call it the coming one world government or call it the antichrist system, but it is now upon us and though it has not reached its zenith or come into complete maturity, it certainly is no longer in its infancy.
You won't likely hear about it for some strange reason in the mainstream media, unless of course it is ridiculing those who are aware of its far reaching tentacles as "conspiracy theorists".
J.P. Morgan interests bought 25 of America's leading newspapers, and
inserted their own editors, in order to control the media.
The CHAIRMAN: The Chair will recognize the gentleman from Texas, a member of the [defense appropriations] committee.
Mr. CALLAWAY: Mr. Chairman, I ask unanimous consent to insert in the Record a statement that I have of how the newspapers of this country have been handled by the munitions manufacturers.
The CHAIRMAN: The gentleman from Texas asks unanimous consent to extend his remarks in the Record by inserting a certain statement. Is there any objection?
Mr. MANN: Mr. Chairman, reserving the right to object, may I ask whether it is the gentleman's purpose to insert a long list of extracts from newspapers?
Mr. CALLAWAY: No; it will be a little, short statement not over 2 ½ inches in length in the Record.
The CHAIRMAN: Is there any objection?
There was no objection.
Mr. CALLAWAY: Mr. Chairman, under unanimous consent, I insert into the Record at this point a statement showing the newspaper combination, which explains their activity in the war matter, just discussed by the gentleman from Pennsylvania [Mr. MOORE]:
“In March, 1915, the J.P. Morgan interests, the steel, ship building and powder interests and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press in the United States.
“These 12 men worked the problems out by selecting 179 newspapers, and then began, by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country. They found it was only necessary to purchase the control of 25 of the greatest papers. The 25 papers were agreed upon; emissaries were sent to purchase the policy, national and international, of these papers; an agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies and other things of national and international nature considered vital to the interests of the purchasers.
“This contract is in existence at the present time, and it accounts for the news columns of the daily press of the country being filled with all sorts of preparedness arguments and misrepresentations as to the present condition of the United States Army and Navy, and the possibility and probability of the United States being attacked by foreign foes.
“This policy also included the suppression of everything in opposition to the wishes of the interests served. The effectiveness of this scheme has been conclusively demonstrated by the character of the stuff carried in the daily press throughout the country since March, 1915. They have resorted to anything necessary to commercialize public sentiment and sandbag the National Congress into making extravagant and wasteful appropriations for the Army and Navy under false pretense that it was necessary. Their stock argument is that it is 'patriotism.' They are playing on every prejudice and passion of the American people.”
BUT FIRST CAME THE FED....
By John A. Heffern Jr
J.P. Morgan and Company, like many big businesses today, was not satisfied with its already huge profits and success. J.P. Morgan took what he could and soon realized through mergers and acquisitions of new companies, he could corner and manipulate the free market. We haven't seen a conglomerate of this scale in our time since Microsoft was broken down by the Department of Justice in 1998.
In business, in the late 1800's, the level of wealth one could obtain reached never before seen heights. Two of the most famous names in the business world in the early 1900's were J.P. Morgan and John D. Rockefeller. These names were synonymous with success. Each respectively sat atop a very well-structured and tightly controlled empire he had worked tirelessly to create.
Rockefeller and Morgan clashed on many fronts in the business world. They were powerful on their own, but combined, untouchable. They agreed on this key idea regarding monetary reform: the imporance of an increased "elasticity" of the money supply. They agreed they would both benefit if they worked together to push for and collaborated on this reform movement.
They could make exorbitant amounts of money from the creation of a centralized system that was able to expand money and credit as much as they wished. Decorated economist Murray Rothbard explains in his book, A History of Money and Banking in the United States, that Morgan and his fellow bankster John D. Rockefeller realized, "the only way to establish a cartelized economy, an economy that would ensure their continued economic dominance and high profits, would be to use the powers of the government to establish and maintain cartels by coercion. In other words, to transform the economy from roughly laissez-faire to centralized and coordinated statism."
Under the guise of an entity to promote fairness and competition in business, Morgan and Rockefeller created an organization to ensure the dominance of their monopoly. It has gone through many stages and been called many things, but at the end of the day, what they created was the Federal Reserve.
In a business sense, for Morgan and Rockefeller, it was undoubtedly a genius plan. To the public, it appeared as though this new watch dog organization could ensure the free market thrives. Behind the scenes, the newly formed group would be able to control price cutting by rival companies and competitive business practices. This was an opportunity to stint the growth of competitors and tighten their stranglehold on the markets in America.
None of this happened overnight. A decade's worth of work would be necessary before the fruits of their labor began to morph into what we know today as the Federal Reserve. Countless elections and schmoozing of government officials occurred. However, the government officials were not the only crowd the banksters needed to win over. The glue that held this movement together was the intellectuals. The nation's intellectuals were and still are the "professional opinion-molders in society." It just so happened the nation's top minds were eagerly awaiting a new challenge.
Rockefeller and Morgan both knew they needed to avoid going up against the one entity left that had the power to dismantle their empire… the U.S. government. By figuring out a way to empower the government with a new agency, they were able to streamline the movement and get the support they needed at every level.
The above originally appeared at The Project to Restore America.