FINAL WARNING: Financial Background
banking house in Philadelphia), in a firm known as Drexel, Morgan and
Co. Morgan also became a partner in Drexel and Co. in Philadelphia. In
1869, Morgan and Drexel met with the Rothschilds in London, and
through the Northern Securities Corporation, began consolidating the
Rothschild’s power and influence in the United States. Morgan
continued the partnership that began when his father acted as a joint
agent for the Rothschilds and the U.S. Government.During the Civil War, J. P. Morgan had sold the Union Army defective
carbine rifles, and it was this government money that helped build his
Guaranty Trust Co. of New York. In 1880, he began financing and
reorganizing the railroads. After his father died in 1890, and Drexel
died in 1893, the Temporary National Economic Committee revealed
that J. P. Morgan held only a 9.1% interest in his own firm. George
Whitney owned 1.9%, and H. B. Davison held 1.2%, however, the
Charles W. Steele Estate held 36.6%, and Thomas W. Lamont (whose
son, Corliss, was an active communist) had 34.2%. Researchers
believe that the Illuminati controlled the company through these
shares.In 1901, Morgan bought out Andrew Carnegie’s vast steel operation for
$500,000,000 to merge the largest steel companies into one big
company known as the United States Steel Corporation (in which, for a
time, the Rockefellers were major stockholders).A speech by Senator Norris which was printed in the Congressional
Record of November 30, 1941, said: “J. P. Morgan, with the assistance
and cooperation of a few of the interlocking corporations which reach
all over the United States in their influence, controls every railroad in
the United States. They control practically every public utility, they
control literally thousands of corporations, they control all of the large
insurance companies. Mr. President, we are gradually reaching a time,
if we have not already reached that point, when the business of the
country is controlled by men who can be named on the fingers of one
hand, because those men control the money of the Nation, and that
control is growing at a rapid rate.”The House of Morgan grew larger in 1959, when the Guaranty Trust Co.
of New York merged with the J. P. Morgan and Co., to form the Morgan
Guaranty Trust Co. They had four branch offices, and foreign offices in