Boston Bankers

Many people make a lot of money in war. In WWII we know that Prescott Bush was involved with Brown Bros. Harriman in a trading with the enemy lawsuit. The Bush family is not even close to the top of this food chain that includes agents like the Rockefellers and the likes of Chase Manhattan Bank which I dealt with in my book on Custer, Keogh and Lincoln's Assassination through Samuel Chase. That was the Civil War and I am now addressing the War of 1812. I find the same families show up over and over again however. The funny thing is we have a group called the Peace Faction that seemed against the war and yet the result from their efforts put more money in the hands of these bankers that are now called the Beacon Hill Mob and include such upstanding people as the group known as The Pilgrims. There is so much intrigue it is hard to wade through it all and I am sure some readers will not choose to check into it all. I certainly cannot lay it all before you in any one book.

"From the beginning of the war the government was compelled to ask for loans, and the Peace Faction made such persistent opposition, for the purpose of embarrassing the administration, that in every case a bonus was paid for all sums borrowed. In January, 1813, a loan of $16,000,000 was authorized. It was obtained principally from individuals at the rate of $88 for a certificate of stock for $100, by which lenders received $2,100,377 as a bonus on that small loan. In August the same year a further loan of $7,500,000 was authorized; and in March, 1814, a loan of $25,000,000 was authorized. This was the darkest hour of the war, and then it was that the Peace Faction at political meetings, through the press, and even from the pulpit, cast every obstacle in the way of the government. That opposition now assumed the form of virtual treason.

The government was weak and in great need, and its internal enemies knew it, and in proportion to its wants they became bolder and more outspoken. Their denunciations of the government, and those who dared to lend it a helping hand, were violent and effective. By inflammatory and threatening publications and personal menaces, they intimidated many capitalists. 2

The result was, that only $11,400,000 of the proposed loan were raised in the spring of 1814, and this by paying a bonus of $2,852,000, terms so disastrous that only one more attempt was made to borrow money during the war, the deficiency being made up by the issue of treasury notes to the amount of $18,452,000. Over this failure of the government these unpatriotic men rejoiced. One of them, writing from Boston in February, 1815, said, exultingly, 'This day $20,000 six per cent stock was put up at auction, $5000 of which only was sold for want of bidders, and that at forty per cent, under par.

As for the former war loan, it would be considered little short of an insult to offer it in the market, it being a very serious question who is to father the child in case of national difficulties.' The last expression referred to the hopes of the conspirators that a dissolution of the Union would be brought about by the body known in history as the Hartford Convention, which had adjourned, to meet again if necessary ? a body of men inspired by motives and actions too lofty to be comprehended by the vulgar politicians who were the leaders of the Peace Faction of that day." (12)

Author of Diverse Druids
Columnist for The ES Press Magazine
Guest 'expert' for World-Mysteries.com

---

The Fed and Other Garbage

"The Jesuit priest John H. Surratt, proven to be the... Read More

Regional Grid Power Backup; Energy Ideas

Our Hydro-electricity accounts for some 20% of our current needs.... Read More

Socialist Public Schools In America

Many parents might think it a bit farfetched to compare... Read More

Simple Middle East Peace Plan

I. WARS ARE BASIC CONFLICTS OVER LAND. II. BOUNDARIES. THE... Read More

Lyndon Johnson - The Day After Dallas

J. Edgar Hoover and LBJ used to enjoy watching Hoover's... Read More

National ESRI Policies

Many are very impressed with the NIMA (National Imagery and... Read More

Operation Iraqi Freedom, Soldiers and Their Psyche

Have you noticed that the when the service men who... Read More

How Small Business Benefits From Supporting Labor Unions

For a short time I worked as a union officer... Read More

Tracking Over The Road Trucks from Canada

Are you happy with all this so-called security after 9-11?... Read More

Michael Moore: The Dumbest People on the Face of the Earth

"Fahrenheit 9/11" auteur Michael Moore recently fueled the epidemic of... Read More

Newspaper Reporters Tread Lightly on Compulsive Gambling Addiction

Websites designed to help people overcome their gambling addictions have... Read More

Sodomy

Sodomy is against the law, yet goes on every day... Read More

Dont Trade Rights for Security

"Those who sacrifice essential liberty for temporary safety are not... Read More

The Macedonian Lottery

Every conflict has its economic moments and dimensions. The current... Read More

Continuing Change in the Offshore World

The offshore financial centres have been forced in recent years... Read More

Rule of Thumb For Exporting Technology

Rule of Thumb for exporting technology. The American People need... Read More

Lost and Found in Gaza

The evacuation of Gaza is now completed, and the world... Read More

TABOR: The Growing Taxpayer Bill of Rights Movement and Economic Incentives for Industry

A governing.com report blast one of the major grassroots initiatives... Read More

Public Utilities, Monopolies and Problematic Structures

Public utilities and a problematic issue on the allowance of... Read More

Interview With A Former ACLU Office

I had the benefit of getting an interview with Mr.... Read More

Lack of Peace, Reaching Critical Mass

You have in front of you two buttons, one is... Read More

The Distributive Justice of the Market

(1) Each person is to have an equal right to... Read More

Homeless, Trash, Drugs and Transient Issues

In Police Magazine I read a great article about transient... Read More

We Are Turning a Corner in Foreign Relations, Thanks GW Bush!

Kudos goes out to the George Walker Bush's Administration and... Read More

The Looting of American Taxpayers Social Security Disability by Fraudulent Employers Pt. 1

For more than a decade, you the American taxpayer have... Read More

Is George Bush Two-Faced?

Yes, Bush is two-faced. The two sides of the faces... Read More

In Defense of the Feds Vs Katrina

I, too, am saddened by the disaster in New Orleans... Read More

Banana Republic - United Kingdom

The recent scathing remarks by High Court Judge Richard Mawrey... Read More

Vision India - 2025 (Expectations of an Ordinary Person)

IntroductionThe way one lyrist has written, "Hum logo ko samajh... Read More

Where have all the Heroes gone

America is filled with standouts and perserverance; our nation has... Read More

Mental Masturbation of FTC Franchise Rule Report

Please read through this quick thought and discussion as if... Read More

Federal Trade Commission and Dismal Performance on Mergers

Most citizens agree that we need the Federal Trade Commission... Read More

Adminstration of E-Business Taxation

The entry by telephone and cable companies into the Internet... Read More