In 1910 a train departed the New Jersey railroad terminal headed for Georgia’s Jekyll Island. The men that came to travel on the private train were the movers and shakers of their day. Combined, they controlled over three-fourth of America’s wealth.
All of them had connections to the Rothschilds, who by this time already controlled the Bank of England. The American president was Woodrow Wilson, a Princeton political science professor who being unsure about international policy invited his closest confidant, Colonel Mandell House, to advise him on money and international affairs. House secretly was the American political agent for the Rothschild banks of England, Germany, the “Low Countries,” and France and therefore Europe.
The meeting in Jekyll Island included Nelson Aldrich, the Senate whip, who was also the chairman of the National Monetary Commission and the son-in law of J.D. Rockefeller, who was also involved in J. P. Morgan. Also traveling were Henry P. Davidson, Sr. Partner of J. P. Morgan & Co.; Abraham P. Andrew, Assistant Secretary of the Treasury; Frank A. Vanderlip, President of the National City Bank of New York, the largest bank in America at that time; Benjamin Strong, Managing Director of J. P. Morgan & Co. and the First National Bank of New York; Charles D. Norton, President of J. P. Morgan’s Bankers Trust Co.; and Paul M. Warburg (Big Daddy Warbucks), made partner of Kuhn Loeb & Co. by the Rothschilds, whose interests at the meeting Wartburg represented.
The meeting was called in order to consolidate the American banking industry and to destroy the American “state banks,” which repressed a barrier to the planned takeover and consolidation of the Rothschilds’ banking plans.
Warburg, whose family controlled banking in the Low Countries (Holland and Belgium), left his brother in charge and accepted the Rothschild commission for America, in return for which the Warburg Banks were made correspondents to the Rothschild banks. This gave the Rothschilds control of over 85% of European banking.
Rothschild and Warburg drew up the 16th and 17th amendments to the U.S. Constitution. But in order to sell this to the other bankers, they had to be provided a means of circumventing the income tax, which was to be established by the 16th Amendment.
Like all Ashkenazim actions the idea for the 16th Amendment came from the second item of the Communist Manifesto, which Rothschild and Warburg lifted, “A graduated Income Tax!” Without such a way for voiding the tax for the super rich, the confiscatory planned taxes could not have been agreed upon.
The 17th Amendment was simply a caveat in that it systematically destroyed all the state banks, by altering the selection of U.S. Senators away from state legislatures and to individual citizens. The cost of running for Senate as Wartburg in the meeting postulated rose dramatically, to the point where only the super rich could afford to finance their candidacies. (Forward to the 2016 election in which billions of dollars were spent, with “outsiders” as always rendered ineffective for lack of funds.)
All that was then required was for Colonel House to convince the naïve academic Woodrow Wilson that these two additions to the Constitution would end market swings and stabilize banking and the markets.
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