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Federal Reserve Directors: A Study of Corporate and Banking Influence Published 1976

 

BACKGROUND:

The power of the Guelphs grew through their control of banking and international trade. It was extended through the Italian centers to the north of Florence, in Lombardy, which became great financial centers. All Italian bankers, including the Genoese, the Venetians, and Milanese, were referred to as “Lombards”; Lombard, in German, means “deposit bank”; the Lombards were bankers to the entire Medieval world. Modern history begins with the transfer of their operations north to Hamburg, Amsterdam, and finally to London.

The great American fortunes originated with the Guelph slave trade to the colonies. Many of the slave traders doubled in piracy. Trinity Church, whose leading vestryman later was J.P. Morgan, was originally known as “the church of the pirates”. Capt. William Kidd provided the material to build it in 1697, and a pew was reserved for him. He was arrested the next year, and hanged in chains at Newgate. In 1711, a slave market was set up on Wall Street near the church, and functioned there for many years.

Morgan was born on April 14, 1813 in Holyoke, Massachusetts. The Morgan name is traced to Carmarthen, Wales, and the first known Morgan family ancestral is Hyfaidd ap Bleddri, third son of Bledri of Wales. Miles Morgan, ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636.[1]  Morgan began his business career in 1829 by entering the employ of Alfred Welles of Boston. He had inherited wealth from his father, Joseph Morgan, and showed great business ability. He was soon invited to become a partner in the house of J. M. Beebe & Co., one of the largest retail stores in Boston and one of the largest dry goods importing and jobbing houses in the country. He was in the dry goods business from about 1836 to 1853.  After some years, he met George Peabody, the well-known London banker. Shortly after the meeting, in 1854, Morgan entered Peabody's prosperous firm, George Peabody & Co. as a partner. Ten years later, in 1864, Morgan succeeded Peabody as head of the firm and changed its name to J. S. Morgan & Co. During the American Civil War the firm was appointed the financial representatives in England of the United States government.  In 1836, Morgan married Juliet Pierpont (1816–1884). He contributed money to his church and to Trinity College, Hartford.  He died on April 8, 1890, from injuries sustained in a carriage accident. At his death, he left a fortune estimated at about $10,000,000 (equivalent to $262,481,481 today). He was succeeded by his son, 1837 J.P. Morgan was born. 

Guaranty Trust was founded in 1864 in New York. Over the next 100 years the banking firm expanded rapidly by absorbing other banks and trust companies; in 1910 it merged Morton Trust Company, in 1912 the Standard Trust Company and in 1929, the National Bank of Commerce. The J.P. Morgan Firm has effectively controlled Guaranty Trust since 1912 when Mrs. Edward Harriman (Mother of Roland and Averell Harriman) sold her block of 8,000 shares of the total outstanding 20,000 shares to J.P. Morgan. By 1954 Guaranty Trust had become the most important banking subsidiary of the J.P. Morgan Firm and since 1954 the merged firms have been known as Morgan Guaranty Company.

See Danish West Indies and the Dutch East India Company 1901 J.P. Morgan buys $23 million in stock of Central Railroad of New Jersey.
J.P. Morgan partner Willard Straight becomes assistant to Sir Robert Hart, chief of Imperial Chinese Customs Service, conducting opium traffic. Later, Straight becomes head of Morgan Banks Far Eastern operations.

The Boston Branch​
James Grant Forbes would have been a natural choice for working in China. The Forbes family had a long history in the China trade. Even though James Grant was a descendant of the New York Forbes branch, we know from the letter he wrote to Bostonian William Cameron Forbes that a closeness existed with the Boston branch. The same was true in the previous generation, when his father, Francis Blackwell Forbes, made his botanical study of Chinese opium poppies. Francis also had an uncle, the brother of Episcopal minister John Murray Forbes, named Paul Siemen Forbes (born in New York in 1808), who was a bankrupt New York speculator rescued by his wealthy Boston cousin, John Murray Forbes, who managed to bring him into Russell & Co., as well as to have him installed as U.S. Consul in Canton for many years. Paul's name was associated with a scandal in 1865 as a result of his obtaining a contract to ship black slaves to Haiti—a contract never fulfilled—and being forced to return Congressional funds allocated for the contract. His embarrassment was gratefully relieved by his cousin's display of influence, which he no doubt reciprocated once he assumed his position as consul in China.
As suspected, the trail has led us back to Massachusetts, to the town of Milton, which became the home of the two sons of Ralph Bennet Forbes. The path from Milton to China, by way of France, intersects the path that leads from New York to France. It is easy to get lost or confused along the way. But when we go backwards through time, we discover remnants of documentation, such as ship logs, which were less shrouded in secrecy. That history gives us a clearer picture of the source of the family's wealth—the opium dens of China—created by merchant traders hungry for that market. [25] So it is to them that we turn next.
Thus, Thomas was hired by Captain Magee in 1789 for the ship's voyage to China, during which it was docked in Batavia (later called Jakarta) in the Dutch East Indies while they negotiated with its governor and director for the sale of spices.
Five years later, Thomas's personal memoirs related an account of a visit in Paris with “Mr. Russell, Mr. Higginson, and several others” where they rented a room as close as possible to the action for the purpose of witnesses the execution of Robespierre. [27] While working for the Derby fleet in Salem, Massachusetts, Thomas Perkins attained the rank of first officer, with Joseph Peabody as first mate, marking “the beginning of a friendship between Perkins and Peabody which later became a business partnership.” [28] Joseph Peabody died in 1844, survived by son George Peabody, who married Clarissa Endicott. The George Peabody, however, who is associated with the bank later headed by J.P. Morgan, was a cousin — both men being descendants of Francis Peabody who settled in Ipswich, Massachusetts before his death in 1697. Another Peabody cousin married Mary Jane Derby, whose sister Laura Derby Welles married Robert C. Winthrop (another ancestor of John Kerry), who will be discussed in a future essay.

It's not what you know; It's who you know. When Ralph Bennet Forbes married a Perkins, he brought his family into a different class of shipping tycoons.

Ever since Nixon re-established America's political relationship with China, many of our ambassadors to that country have been Bonesmen, including George Bush, the first Chief U. S. Liaison Officer to the Peoples Republic of China.

CHART 1

Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stock holdings of bank stock and their subsidiary firms in New York.

The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.

                                N.M. Rothschild , London - Bank of England
                                 ______________________________________
                                |                                     |
                                |                           J. Henry Schroder
                                |                             Banking | Corp.
                                |                                     |
                          Brown, Shipley - Morgan Grenfell - Lazard - |
                           & Company        & Company       Brothers  |
                                |               |              |      |
            --------------------|        -------|              |      |
            |                   |        |      |              |      |
 Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
 & Son      |  Harriman       Norman     |    Paris          Bros     |
            |                   |        /      |            N.Y.     |
            |                   |       |       |              |      |
            |            Governor, Bank | J.P. Morgan Co -- Lazard ---|
            |            of England    /  N.Y. Morgan       Freres    |
            |            1924-1938    /   Guaranty Co.      Paris     |
            |                        /    Morgan Stanley Co.  |      /
            |                       /           |              \Schroder Bank
            |                      /            |              Hamburg/Berlin
            |                     /      Drexel & Company         /
            |                    /       Philadelphia            /
            |                   /                               /
            |                  /                           Lord Airlie
            |                 /                               /
            |                /     M. M. Warburg       Chmn J. Henry Schroder
            |                |      Hamburg ---------  marr. Virginia F. Ryan
            |                |         |               grand-daughter of Otto
            |                |         |                Kahn of Kuhn Loeb Co.
            |                |         |
            |                |         |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
            |                |     --------------------------
            |                |       |                      |
            |                |       |                      |
Lehman Brothers - Mont. Alabama   Solomon Loeb           Abraham Kuhn
            |                |     __|______________________|_________
Lehman-Stern, New Orleans   Jacob Schiff/Theresa Loeb  Nina Loeb/Paul Warburg
- -------------------------    |       |                      |
             |               | Mortimer Schiff        James Paul Warburg
_____________|_______________/       |
|            |          |   |        |
Mayer Lehman |     Emmanuel Lehman    \
|            |          |              \
Herbert Lehman     Irving Lehman        \
|            |          |                \
Arthur Lehman \    Phillip Lehman     John Schiff/Edith Brevoort Baker
              /         |             Present Chairman Lehman Bros
             /  Robert Owen Lehman    Kuhn Loeb - Granddaughter of
            /           |             George F. Baker
           |           /               |
           |          /                |
           |         /           Lehman Bros Kuhn Loeb (1980)
           |        /                  |
           |       /             Thomas Fortune Ryan
           |      |                    |
           |      |                    |
      Federal Reserve Bank Of New York |
           ||||||||                    |
  ______National City Bank N. Y.       |
  |        |                           |
  |   National Bank of Commerce N.Y ---|
  |        |                            \
  |   Hanover National Bank N.Y.         \
  |        |                              \
  |   Chase National Bank N.Y.             \
  |                                        |
  |                                        |
Shareholders - National City Bank - N.Y.   |
- -----------------------------------------  |
  |                                        /
James Stillman                            /
Elsie m. William Rockefeller             /
Isabel m.  Percy Rockefeller            /
William Rockefeller          Shareholders - National Bank of Commerce N. Y.
J. P. Morgan                 -----------------------------------------------
M.T. Pyne                    Equitable Life - J.P. Morgan
Percy Pyne                   Mutual Life - J.P. Morgan
J.W. Sterling                H.P. Davison - J. P. Morgan
NY Trust/NY Edison           Mary W. Harriman
Shearman & Sterling          A.D. Jiullard - North British Merc. Insurance
|                            Jacob Schiff
|                            Thomas F. Ryan
|                            Paul Warburg
|                            Levi P. Morton - Guaranty Trust - J. P. Morgan
|
|
Shareholders - First National Bank of N.Y.
- -------------------------------------------
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
|
|
|
|
Shareholders - Hanover National Bank N.Y.
- ------------------------------------------
James Stillman
William Rockefeller
|
|
|
|
|
Shareholders - Chase National Bank N.Y.
- ---------------------------------------
George F. Baker

Chart 2

Federal Reserve Directors: A Study of Corporate and Banking Influence

- Published 1983

The J. Henry Schroder Banking Company chart encompasses the entire history of the twentieth century, embracing as it does the program (Belgium Relief Commission) which provisioned Germany from 1915-1918 and dissuaded Germany from seeking peace in 1916; financing Hitler in 1933 so as to make a Second World War possible; backing the Presidential campaign of Herbert Hoover ; and even at the present time, having two of its major executives of its subsidiary firm, Bechtel Corporation serving as Secretary of Defense and Secretary of State in the Reagan Administration.

The head of the Bank of England since 1973, Sir Gordon Richardson, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of J. Henry Schroder Wagg and Company of London from 1963-72, and director of J. Henry Schroder,New York and Schroder Banking Corporation,New York,as well as Lloyd's Bank of London, and Rolls Royce. He maintains a residence on Sutton Place in New York City, and as head of "The London Connection," can be said to be the single most influential banker in the world.

                               J. Henry Schroder
                               -----------------
                                      |
                                      |
                                      |
                          Baron Rudolph Von Schroder
                           Hamburg - 1858 - 1934
                                      |
                                      |
                                      |
                            Baron Bruno Von Schroder
                            Hamburg - 1867 - 1940
 F. C. Tiarks                         |
 1874-1952                            |
     |                                |
 marr. Emma Franziska                 |
 (Hamburg)                    Helmut B. Schroder
 J. Henry Schroder 1902               |
 Dir. Bank of England                 |
 Dir. Anglo-Iranian                   |
 Oil Company         J. Henry Schroder Banking Company N.Y.
                                      |
                                      |
                       J. Henry Schroder Trust Company N.Y.
                                      |
                                      |
                                      |
                   ___________________|____________________
                  |                                        |
            Allen Dulles                              John Foster Dulles
          Sullivan & Cromwell                        Sullivan & Cromwell
          Director - CIA                             U. S. Secretary of State
                                                     Rockefeller Foundation
 Prentiss Gray
 ------------
Belgian Relief Comm.                     Lord Airlie
Chief Marine Transportation              -----------
US Food Administration WW I          Chairman; Virgina Fortune
Manati Sugar Co. American &          Ryan daughter of Otto Kahn
British Continental Corp.            of Kuhn,Loeb Co.
       |                                    |
       |                                    |
 M. E. Rionda                               |
 ------------                               |
Pres. Cuba Cane Sugar Co.                   |
Manati Sugar Co. many other                 |
sugar companies.                     _______|
       |                            |
       |                            |
 G. A. Zabriskie                    |
 ---------------                    |                Emile Francoui
Chmn U.S. Sugar Equalization        |                --------------
Board 1917-18; Pres Empire          |            Belgian Relief Comm. Kai
Biscuit Co., Columbia Baking        |            Ping Coal Mines, Tientsin
Co. , Southern Baking Co.           |            Railroad,Congo Copper, La
                                    |            Banque Nationale de Belgique
             Suite 2000 42 Broadway | N. Y                      |
          __________________________|___________________________|
         |                          |                           |
         |                          |                           |
    Edgar Richard            Julius H. Barnes             Herbert Hoover
    -------------            ----------------             --------------
Belgium Relief Comm         Belgium Relief Comm       Chmn Belgium Relief Com
Amer Relief Comm            Pres Grain Corp.           U.S. Food Admin
U.S. Food Admin             U.S. Food Admin           Sec of Commerce 1924-28
1918-24, Hazeltine Corp.    1917-18, C.B Pitney       Kaiping Coal Mines
   |                        Bowes Corp, Manati        Congo Copper, President
   |                        Sugar Corp.                  U.S. 1928-32
   |
   |
   |
John Lowery Simpson
- -------------------
Sacramento,Calif Belgium Relief                       |
Comm. U. S. Food Administration             Baron Kurt Von Schroder
Prentiss Gray Co. J. Henry Schroder         -----------------------
Trust, Schroder-Rockefeller, Chmn         Schroder Banking Corp. J.H. Stein
Fin Comm, Bechtel International           Bankhaus (Hitler's personal bank
Co. Bechtel Co. (Casper Weinberger        account) served on board of all
Sec of Defense, George P. Schultz         German subsidiaries of ITT . Bank
Sec of State (Reagan Admin).              for International Settlements,
            |                             SS Senior Group Leader,Himmler's
            |                             Circle of Friends (Nazi Fund),
            |                             Deutsche Reichsbank,president
            |
            |
Schroder-Rockefeller & Co. , N.Y.
- ---------------------------------
Avery Rockefeller, J. Henry Schroder
Banking Corp., Bechtel Co., Bechtel
International Co. , Canadian Bechtel
Company.          |
                  |
                  |
                  |
         Gordon Richardson
         -----------------
Governor, Bank of England
1973-PRESENT C.B. of J. Henry Schroder N.Y.
Schroder Banking Co., New York, Lloyds Bank
Rolls Royce

Chart 3

Federal Reserve Directors: A Study of Corporate and Banking Influence

- Published 1976

The David Rockefeller chart shows the link between the Federal Reserve Bank of New York,Standard Oil of Indiana,General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).

Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** - - Published 1976

The David Rockefeller chart shows the link between the Federal Reserve Bank of New York, Standard Oil of Indiana, General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).

DAVID ROCKEFELLER
- ----------------------------
Chairman of the Board
Chase Manhattan Corp
      |
      |
______|_______________________
Chase Manhattan Corp.        |
Officer & Director Interlocks|---------------------
------|-----------------------                    |
      |                                           |
Private Investment Co. for America       Allied Chemicals Corp.
      |                                           |
Firestone Tire & Rubber Company          General Motors
      |                                           |
Orion Multinational Services Ltd.        Rockefeller Family & Associates
      |                                           |
ASARCO. Inc                              Chrysler Corp.
      |                                           |
Southern Peru Copper Corp.               Intl' Basic Economy Corp.
      |                                           |
Industrial Minerva Mexico S.A.           R.H. Macy & Co.
      |                                           |
Continental Corp.                        Selected Risk Investments S.A.
      |                                           |
Honeywell Inc.                           Omega Fund, Inc.
      |                                           |
Northwest Airlines, Inc.                 Squibb Corporation
      |                                           |
Northwestern Bell Telephone Co.          Olin Foundation
      |                                           |
Minnesota Mining & Mfg Co (3M)           Mutual Benefit Life Ins. Co. of NJ
      |                                           |
American Express Co.                            AT & T
      |                                           |
Hewlett Packard                          Pacific Northwestern Bell Co.
      |                                           |
FMC Corporation                          BeachviLime Ltd.
      |                                           |
Utah Intl' Inc.                          Eveleth Expansion Company
      |                                           |
Exxon Corporation                        Fidelity Union Bancorporation
      |                                           |
International Nickel/Canada              Cypress Woods Corporation
      |                                           |
Federated Capital Corporation            Intl' Minerals & Chemical Corp.
      |                                           |
Equitable Life Assurance Soc U.S.        Burlington Industries
      |                                           |
Federated Dept Stores                    Wachovia Corporation
      |                                           |
General Electric                         Jefferson Pilot Corporation
      |                                           |
Scott Paper Co.                          R. J. Reynolds Industries Inc.
      |                                           |
American Petroleum Institute             United States Steel Corp.
      |                                           |
Richardson Merril Inc.                   Metropolitan Life Insurance Co.
      |                                           |
May Department Stores Co.                Norton-Simon Inc.
      |                                           |
Sperry Rand Corporation                  Stone-Webster Inc.
      |                                           |
San Salvador Development Company         Standard Oil of Indiana

Chart 4

Federal Reserve Directors: A Study of Corporate and Banking Influence

- Published 1976 This chart shows the interlocks between the Federal Reserve Bank of New York J. Henry Schroder Banking Corp., J. Henry Schroder Trust Co., Rockefeller Center, Inc., Equitable Life Assurance Society ( J.P. Morgan), and the Federal Reserve Bank of Boston.

 Alan Pifer, President
 Carnegie Corporation
 of New York
- ----------------------
         |
         |
- ----------------------
 Carnegie Corporation
 Trustee Interlocks      --------------------------
----------------------                            |
         |                                        |
Rockefeller Center, Inc                 J. Henry Schroder Trust Company
         |                                        |
The Cabot Corporation                   Paul Revere Investors, Inc.
         |                                        |
Federal Reserve Bank of Boston          Qualpeco, Inc.
         |
Owens Corning Fiberglas
         |
New England Telephone Co.
         |
Fisher Scientific Company
         |
Mellon National Corporation
         |
Equitable Life Assurance Society
         |
Twentieth Century Fox Corporation
         |
J. Henry Schroder Banking Corporation

Chart 5

Federal Reserve Directors: A Study of Corporate and Banking Influence

- Published 1976

This chart shows the link between the Federal Reserve Bank of New York, Brown Brothers Harriman,Sun Life Assurance Co. (N.M. Rothschild and Sons), and the Rockefeller Foundation.

Maurice F. Granville
Chairman of The Board
Texaco Incorporated
- ----------------------
        |
        |
Texaco Officer & Director Interlocks  ---------- Liggett & Myers, Inc.
- ------------------------------------         |
        |                                      |
        |                                      |
 L  Arabian American Oil Company            St John d'el Ray Mining Co. Ltd.
 O      |                                      |
 N  Brown Brothers Harriman & Co.           National Steel Corporation
 D      |                                      |
 O  Brown Harriman & Intl' Banks Ltd.       Massey-Ferguson Ltd.
 N      |                                      |
    American Express                        Mutual Life Insurance Co.
        |                                      |
 N. American Express Intl' Banking Corp.    Mass Mutual Income Investors Inc.
 M.     |                                      |
    Anaconda                                United Services Life Ins. Co.
 R      |                                      |
 O  Rockefeller Foundation                  Fairchild Industries
 T      |                                      |
 H  Owens-Corning Fiberglas                 Blount, Inc.
 S      |                                      |
 C  National City Bank (Cleveland)          William Wrigley Jr. Co
 H      |                                      |
 I  Sun Life Assurance Co.                  National Blvd. Bank of Chicago
 L      |                                      |
 D  General Reinsurance                     Lykes Youngstown Corporation
        |                                      |
    General Electric (NBC)                  Inmount Corporation

** Source: Federal Reserve Directors: A Study of Corporate and Banking Influence. Staff Report,Committee on Banking,Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.

 

Conspiracy Theories

Professor
Carroll Quigley

Carroll Quiqley was an American historian and theorist of the evolution of civilizations. He is noted for his teaching work as a professor at Georgetown University, for his academic publications, and for his research on secret societies.
Quigley was born in Boston, and attended Harvard University, where he studied history and earned B.A, M.A., and Ph.D. degrees. He taught at Princeton University, and then at Harvard, and then at the School of Foreign Service at Georgetown University from 1941 to 1976.
From 1941 until 1969, he taught a two-semester course at Georgetown on the development of civilizations. According to the obituary in the Washington Star, many alumni of Georgetown's School of Foreign Service asserted that this was "the most influential course in their undergraduate careers".
In addition to his academic work, Quigley served as a consultant to the U.S. Department of Defense, the U.S. Navy, the Smithsonian Institution, and the House Select Committee on Astronautics and Space Exploration in the 1950s. Quigley served as a book reviewer for the Washington Star and was a contributor and editorial board member of Current History. His work emphasized "inclusive diversity" as a value of Western Civilization long before diversity became commonplace, and he denounced Platonic doctrines as an especially pernicious deviation from this ideal, preferring the pluralism of Thomas Aquinas. Quigley said of himself that he was a conservative defending the liberal tradition of the West. He was an early and fierce critic of the Vietnam War and he was against the activities of the military-industrial complex which he saw as the future downfall of the country. Quigley retired from Georgetown in June, 1976, and died the following year.

Conspiracy Theories


One distinctive feature of Quigley's historical writings was his assertion that secret societies have played a significant role in recent world history.

His writing on this topic has made Quigley famous among many who investigate conspiracy theories. Quigley's views are particularly notable because the majority of reputable academic historians profess skepticism about conspiracy theories.
In 1966, Quigley published a one-volume history of the twentieth century entitled Tragedy and Hope. At several points in this book, the history of the Milner group is discussed. Moreover, Quigley states that he has recently been in direct contact with this organization, whose nature he contrasts to certain right-wing conspiracy theories:
This radical Right fairy tale, which is now an accepted folk myth in many groups in America, pictured the recent history of the United States, in regard to domestic reform and in foreign affairs, as a well-organized plot by extreme Left-wing elements.... This myth, like all fables, does in fact have a modicum of truth. There does exist, and has existed for a generation, an international Anglophile network which operates, to some extent, in the way the Radical right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other group, and frequently does so. I know of the operation of this network because I have studied it for twenty years and was permitted for two years, in the early 1960's, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies... but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.
Secret societies are briefly discussed in [TRAGEDY AND HOPE] pg. 62 and 63 missing including a consortium of the leaders of the central banks of several countries, who formed the Bank for International Settlements:

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds' central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.

 

In 1977, the Bank set up a wholly owned subsidiary called Bank of England Nominees Limited, (BOEN), a private limited company, with 2 of its 100 £1 shares issued. According to its Memorandum & Articles of Association, its objectives are:- “To act as Nominee or agent or attorney either solely or jointly with others, for any person or persons, partnership, company, corporation, government, state, organisation, sovereign, province, authority, or public body, or any group or association of them….”

Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.


In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK.

Here is how Wikipedia explains it.
In 1977, the Bank set up a wholly owned subsidiary called Bank of England Nominees Limited, (BOEN), a private limited company, with 2 of its 100 £1 shares issued. According to its Memorandum; Articles of Association, its objectives are:

- “To act as Nominee or agent or attorney either solely or jointly with others, for any person or persons, partnership, company, corporation, government, state, organisation, sovereign, province, authority, or public body, or any group or association of them….”

Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.

 

The information is secret.
We the public
are not allowed
to know.

 

In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK.

But what would surprise everybody is that the Bank Of England, which is entitled to issue cash, then lend it and charge interest to the government, is still essentially a private business.

What would also surprise people is so is the Federal Reserve of America a privately owned bank, as are all central banks of the world, including the BankIntSettlementFederalReserve.pdf Bank Of International Settlements in Switzerland, [ BIS ] which is the Central Banks' clearing house.

One thing is for sure is that in times of financial crisis, these central banking networks become supremely powerful. That is why the United States has the Logan Act.

LoganAct-Tedford.pdf SILENT NO MORE: THE LOGAN ACT AS A CONSTITUTIONALLY ENFORCEABLE TOOL IN FOREIGN POLICY Drew Tedford*

LoganAct.pdf Conducting Foreign Relations Without Authority: The Logan Act
February 1, 2006 Michael V. Seitzinger Legislative Attorney American Law Division

 

 

Jekyll Island Federal Reserve Bank

Now read about Jekyll Island - a social club for the wealthy upper class of America, where Senator Nelson W. Aldrich (R-RI) was largely responsible for the Aldrich-Vreeland Currency Law, and he became the Chairman of the National Monetary commission. The co-sponsor of the legislation was Rep. Edward Vreeland, a Republican from New York.

ecp_url
Financial-Literacy/Chart-of-Who-Owns-The-Fed.html