KNIGHTS OF THE GOLDEN CIRCLE SECOND GENERATION

In economics, a commodity is a marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.
The exact definition of the term commodity is specifically applied to goods . It is used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market.
A commodity has full or partial fungibility; that is, the market treats its instances as equivalent or nearly so with no regard to who produced them. "From the taste of wheat it is not possible to tell who produced it, a Russian serf, a French peasant or an English capitalist."
Start thinking outside of the box and you will see how the O.A.K. bought this country and took control of it's judicial system to protect their interest. Politics was the grease on the big machines wheels, and the machine was fueled by greed.

Think about it! L.C. Baker
 

I am surprised you have not mentioned the two former Presidents,who combined, have four generations of Skull & Bones in their family line,and one's wife,the others mother,is the 2nd cousin cousin,14 times removed from President Franklin Pierce.
 

It is a twisted web that they wove ECS! I am having trouble compiling the evidence that we have for that very reason. I mean, once you discover the trickle it turns into a stream and so on until you are standing at an ocean! LOL!

L.C.
 

PoplarHill said:
You should research these guys

Lehman Brothers - Wikipedia, the free encyclopedia
Click to expand...

Although there is some similarity in the Leman's structure and formation. They were a legit cotton based company from their beginning. They struggled during the civil war trying to broker their cotton. At this time I can find no connection between them and the K.G.C......still always looking and relooking....thanks for the info PoplarHill.

L.C.
 

L.C. BAKER said:
Following Judah Benjamin's relocation to the United Kingdom, he became a distinguished barrister and in 1872 was appointed a Queen's Counsel. A barrister is not an attorney and is usually forbidden, either by law or professional rules or both, from "conducting" litigation. This means that, while the barrister speaks on the client's behalf in court, he or she can do so only when instructed by a solicitor or certain other qualified professional clients, such as patent agents


if the K.G.C. took over the country during the reconstruction, It would start by forming a bank. In 1857 there was a panic. (Read about it) Not a good year for starting up a banking venture unless you had gold and were able to back up the money you were printing...... the k.G.C. would own the reserve literally.

Just keep in mind that OLD MONEY MAKES NEW MONEY And the K.G.C. had tons of old money just laying around to draw from to partner up with. So it could have went like this..............

J.P.Morgan went into banking in 1857 at the London branch of merchant banking firm, Peabody, Morgan & Co., a partnership between his father and George Peabody founded three years earlier in 1853.(first generation K.G.C.) Peabody first visited the United Kingdom in 1827 for business reasons, and over the next decade made four more trans-Atlantic trips, establishing a branch office in Liverpool, and later the banking firm of "George Peabody & Company" in London. In 1837, he took up permanent residence in London, remaining there for the rest of his life. So did Judah Benjamin after the Civil War as a barrister and eventually Queens Council. FOR PATENTS
In February 1867, on one of several return visits to the United States, and at the height of his financial success, Peabody's name was suggested by Francis Preston Blair, an old crony of sixth President Andrew Jackson and an active power in the smoldering Democratic Party as a possible Secretary of the Treasury in the cabinet of seventeenth President Andrew Johnson. At about the same time, his name was also mentioned in newspapers as a future presidential candidate. A merchant bank is a financial institution that provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to. (K.G.C. HAD GOLD DURING PANIC OF 1857 THEY WERE NOT PANICkING, BECAUSE THEY STARTED THE PANIC TO GET RID OF THE COMPETITION) In 1858 he moved to New York City to join the banking house of Duncan, Sherman & Company, the American representatives of George Peabody and Company. From 1860 to 1864, as J. Pierpont Morgan & Company, he acted as agent in New York for his father's firm, renamed "J.S. Morgan & Co." upon Peabody's retirement in 1864. From 1864 to 1872, he was a member of the firm of Dabney, Morgan, and Company. In 1871, he partnered with the Drexels of Philadelphia to form the New York firm of Drexel, Morgan & Company. Anthony J. Drexel became Pierpont's mentor at the request of Junius Morgan.
Treasury gold
In 1895, at the depths of the Panic of 1893, the Federal Treasury was nearly out of gold. President Grover Cleveland accepted Morgan's offer to join with the Rothschilds and supply the U.S. Treasury with 3.5 million ounces of gold to restore the treasury surplus in exchange for a 30-year bond issue. The episode saved the Treasury but hurt Cleveland with the agrarian wing of the Democratic Party and became an issue in the election of 1896, when banks came under a withering attack from William Jennings Bryan. Morgan and Wall Street bankers donated heavily to Republican William McKinley, who was elected in 1896 and reelected in 1900.
Steel
After the death of his father in 1890, Morgan took control of J. S. Morgan & Co. which was renamed Morgan, Grenfell & Company in 1910. Morgan began talks with Charles M. Schwab, president of Carnegie Co., and businessman Andrew Carnegie in 1900. The goal was to buy out Carnegie's steel business and merge it with several other steel, coal, mining and shipping firms to create the United States Steel Corporation. His goal was almost completed in late 1900 while negotiating a deal with Robert D. Tobin and Theodore Price III, but was then retracted immediately. In 1901 U.S. Steel was the first billion-dollar company in the world, having an authorized capitalization of $1.4 billion, which was much larger than any other industrial firm and comparable in size to the largest railroads.
U.S. Steel aimed to achieve greater economies of scale, reduce transportation and resource costs, expand product lines, and improve distribution. It was also planned to allow the United States to compete globally with Britain and Germany. U.S. Steel's size was claimed by Charles M. Schwab and others to allow the company to pursue distant international markets-globalization. U.S. Steel was regarded as a monopoly by critics, as the business was attempting to dominate not only steel but also the construction of bridges, ships, railroad cars and rails, wire, nails, and a host of other products. With U.S. Steel, Morgan had captured two-thirds of the steel market, and Schwab was confident that the company would soon hold a 75 percent market share. However, after 1901 the businesses' market share dropped. Schwab resigned from U.S. Steel in 1903 to form Bethlehem Steel, which became the second largest U.S. producer on the strength of such innovations as the wide flange "H" beam—precursor to the I-beam—widely used in construction.
The Panic of 1907 was a financial crisis that almost crippled the American economy. Major New York banks were on the verge of bankruptcy and there was no mechanism to rescue them until Morgan stepped in personally and took charge, resolving the crisis. Treasury Secretary George B. Cortelyou earmarked $35 million of federal money to quell the storm but had no easy way to use it. Morgan now took personal charge, meeting with the nation's leading financiers in his New York mansion; he forced them to devise a plan to meet the crisis. James Stillman, president of the National City Bank, also played a central role. Morgan organized a team of bank and trust executives which redirected money between banks, secured further international lines of credit, and bought plummeting stocks of healthy corporations. A delicate political issue arose regarding the brokerage firm of Moore and Schley, which was deeply involved in a speculative pool in the stock of the Tennessee Coal, Iron and Railroad Company. Moore and Schley had pledged over $6 million of the Tennessee Coal and Iron (TCI) stock for loans among the Wall Street banks. The banks had called the loans, and the firm could not pay. If Moore and Schley should fail, a hundred more failures would follow and then all Wall Street might go to pieces. Morgan decided they had to save Moore and Schley. TCI was one of the chief competitors of U.S. Steel and it owned valuable iron and coal deposits. Morgan controlled U.S. Steel and he decided it had to buy the TCI stock from Moore and Schley. Judge Gary, head of U.S. Steel, agreed, but was concerned there would be antitrust implications that could cause grave trouble for U.S. Steel, which was already dominant in the steel industry. Morgan sent Gary to see President Theodore Roosevelt, who promised legal immunity for the deal. U.S. Steel thereupon paid $30 million for the TCI stock and Moore and Schley was saved. The announcement had an immediate effect; by November 7, 1907, the panic was over. Vowing to never let it happen again, and realizing that in a future crisis there was not likely to be another Morgan, banking and political leaders, led by Senator Nelson Aldrich devised a plan that became the Federal Reserve System in 1913. The crisis underscored the need for a powerful mechanism, and Morgan supported the move to create the Federal Reserve System.
While conservatives in the Progressive Era hailed Morgan for his civic responsibility, his strengthening of the national economy, and his devotion to the arts and religion, the left wing viewed him as one of the central figures in the system it rejected. Morgan redefined conservatism in terms of financial prowess coupled with strong commitments to religion and high culture.
Enemies of banking attacked Morgan for the terms of his loan of gold to the federal government in the 1895 crisis and for the financial resolution of the Panic of 1907. They also attempted to attribute to him the financial ills of the New York, New Haven and Hartford Railroad. In December 1912, Morgan testified before the Pujo Committee, a subcommittee of the House Banking and Currency committee. The committee ultimately concluded that a small number of financial leaders was exercising considerable control over many industries. The partners of J.P. Morgan & Co. and directors of First National and National City Bank controlled aggregate resources of $22.245 billion, which Louis Brandeis, later a U.S. Supreme Court Justice, compared to the value of all the property in the twenty-two states west of the Mississippi River.
n 1890–1913, 42 major corporations were organized or their securities were underwritten, in whole or part, by J.P. Morgan and Company. (K.G.C.?)
Industrials
American Bridge Company
American Telephone & Telegraph
Associated Merchants
Atlas Portland Cement
Boomer Coal & Coke
Federal Steel Company
General Electric
Hartford Carpet Corporation
Inspiration Consolidated Copper
International Harvester
International Mercantile Marine
J. I. Case Threshing Machine
National Tube
United Dry Goods
Railroads
Atchison, Topeka and Santa Fe Railway
Atlantic Coast Line
Central of Georgia Railroad
Chesapeake & Ohio Railroad
Chicago & Western Indiana Railroad
Chicago, Burlington & Quincy
Chicago Great Western Railway
Chicago, Indianapolis & Louisville Railroad
Elgin, Joliet & Eastern Railway
Erie Railroad
Florida East Coast Railway
Hocking Valley Railway
Lehigh Valley Railroad
Louisville and Nashville Railroad
New York Central System
New York, New Haven & Hartford Railroad
New York, Ontario and Western Railway
Northern Pacific Railway
Pennsylvania Railroad
Pere Marquette Railroad
Reading Railroad
St. Louis & San Francisco Railroad
Southern Railway
Terminal Railroad Association of St. Louis
Click to expand...

The Manual of Statistics: Stock Exchange Hand-book .... - Charles M. Goodsell, Henry E. Wallace - Google Books


James W. Singleton - Wikipedia, the free encyclopedia


https://www.labellemodels.com/manuals/Chicago, Burlington and Quincy.pdf

During the reconstruction.......there was some construction going on and a lot of it was financial. Does anyone recall the Singleton Cotton affair? Mr. Singleton is what was known as a "Copperhead" and he was eventually swallowed up by a bigger snake.

Think about it, L.C. Baker
 

RECONSTRUCTION PERIOD LASTED MUCH LONGER THAN YOU THINK FOR THE O.A.K.

The period after the Civil War, 1865 - 1877, was called the Reconstruction period. This is misinformation and perhaps the greatest misconception ever accepted as fact. In reality it led to this and much more in the future of the O.A.K.. Lincoln was only the beginning of the struggle to regain the financial control of this nation, of which the "RECONSTRUCTION" as far as the O.A.K. was concerned was in full motion.


The money changers had engineered the war to make the Union fail, and were not about to save it now, so they offered loans at 24% to 36% interest. President Lincoln declined this as they knew he would and returned to Washington, where he sent for Colonel Dick Taylor of Chicago, who he put in charge of the problem of how he should finance the war.

Dick Taylor
During one meeting President Lincoln asked Colonel Taylor what proposals he had come up with to finance the war. Colonel Taylor stated,
"Why Lincoln, that is easy, just get Congress to pass a bill authorizing the printing of full legal tender treasury notes ... and pay your soldiers with them and go ahead and win your war with them also."

President Lincoln asked Colonel Taylor if the people of the United States would accept the notes, Colonel Taylor said,

"The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money, as Congress is given that express right by the Constitution."

1862
Greenbacks
President Lincoln began the printing of $450,000,000 worth of new bills. These bills were printed in green ink on the reverse side, in order to distinguish them from other bills in circulation, and were called, "Greenbacks." These were printed at no interest to the Federal Government and were used to pay the troops and purchase their supplies. President Lincoln would be the last President to issue debt free United States notes, and on this subject he stated,
"The Government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is in the Government's greatest creative opportunity. By the adoption of these principles ... the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity."

Sherman Silver Purchase Act required the Treasury to purchase silver with a special issue note that could be redeemed for either silver or gold. However, the plan backfired, as investors turned in the new notes for gold dollars, thus depleting the U.S. gold reserves. This problem was further compounded by the Panic of 1893 with the collapse of the railroad industry and agricultural prices which in turn started a run on the banks. President Cleveland oversaw the repeal of the Sherman Silver Purchase Act in 1893 to prevent further depletion of the country’s gold reserves. The crisis was eventually resolved when J.P. Morgan formed a banking syndicate that saved the United States from bankruptcy with a massive gold loan. However, the Panic of 1893 led the United States into its worst economic depression (1893-97) it had experienced until that point with unemployment reaching a peak of 19%.


The Free Silver Movement

Think of the positions gained in government office by the O.A.K. when this was happening. L.C.:thumbsup:
 

Lincoln said: "The Government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is in the Government's greatest creative opportunity.

The O.A.K. had the same idea...........

L.C.
 

UNDERSTANDING THE SECOND HALF OF THE RECONSTRUCTION

1880. Possibly bored with his reputation as ‘Attila of the Anthracite,’ Franklin Benjamin Gowen (February 9, 1836 – December 13, 1889) begins talking real expansion—making the P&R into a trunkline and a true competitor to its giant Philadelphia neighbor and nemesis, the PRR. Together with his cronies, William H. Vanderbilt, Andrew Carnegie, Henry Clay Frick, and (later) J.P. Morgan, Gowen embarks on one of the most infamous construction projects ever, the South Pennsylvania Railroad.

Eventually, this over-the-top, seemingly insane expansionistic behavior leads his downfall as a robber baron. Super-banker, robber baron and railroad monopolizer, J.P. Morgan forces his (final) exit]in September 1886. In 1879 however, things are rosy, and the expansionist Gowen sets out to bring style to the railroad infrastructure.

To understand just part of what the whole story of the reconstruction take over period of the O.A.K. was read the whole story.

Philadelphia & Reading Railroad ? VIADUCTgreene

Happy Reading! L.C. Baker:thumbsup:
 

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COTTON WAS KING! J.P. MORGAN WAS WELL AWARE OF THAT FACT

The first thing to be accomplished for the resurection of the Southern Dollars was the ability to sell their cotton in the North legally.

Making America: A History of the United States, Volume II: Since 1865 - Carol Berkin, Christopher Miller, Robert Cherny, James Gormly - Google Books


And it continues.......

CFTC Orders JP Morgan Chase Bank, N.A. to Pay $600,000 Civil Monetary Penalty for Violating Cotton Futures Speculative Position Limits


Think about it. L.C.
 

L.C. BAKER said:
Did you ever wonder who the Brothers of Lasting Faith handed over the torch to? From 1865 to 1930 they were still stirring up a stink in the U.S. Government. The old school Rebels in the K.G.C. had plenty of gold to fund many future investments and businesses in the U.S. and who better to take over the reigns than their offspring. These sons of the K.G.C. of old, were all prominent businessmen in the next century and beyond. It would shock you to know how many companies operating to this day that were funded by the Knights of the Golden Circle.
L.C. Baker:thumbsup:
Click to expand...

It makes me wonder if Prez Rosie was trying to nip the bud by outlawing the gold or if it was to help the B L F, plus I
also wonder if the wpa was to see how folks would get along w/out the gold.
Amazing how long the U S A has lasted with so many crooks in office. maybe we are like the Amorites were in the Bible, their iniquity was not yet full until God delivered the Hebrews from Pharoah. SO, maybe our iniquity is not yet full.
:coffee2:
 

10claw said:
It makes me wonder if Prez Rosie was trying to nip the bud by outlawing the gold or if it was to help the B L F, plus I
also wonder if the wpa was to see how folks would get along w/out the gold.
Amazing how long the U S A has lasted with so many crooks in office. maybe we are like the Amorites were in the Bible, their iniquity was not yet full until God delivered the Hebrews from Pharoah. SO, maybe our iniquity is not yet full.
:coffee2:
Click to expand...

I believe there has and always be crooks in office in this country, on both sides of the table. It is the good that balances out the evil...the night and day that is represented well by the two sides of the currency they all lust and are filled with greed to obtain. As Pike said, You can't know if a man is truly good unless you give him the freedom to be evil. The North and the South patched things up...over a long period of time(1865-1965)..but there has always been the question of who is in control of this country's government, and it remains to be the question to this day every time we have an election. I LOVE THIS COUNTRY! :thumbsup:

L.C. Baker
 

"Quote Originally Posted by 10claw View Post
It makes me wonder if Prez Rosie was trying to nip the bud by outlawing the gold or if it was to help the B L F, plus I
also wonder if the wpa was to see how folks would get along w/out the gold."

I believe it was an attempt to stabilize the value of the dollar and avoid any more bank collapses or (Panic/Depressions). It was followed up by Theodore Roosevelt and the Progressives and the Era of Trustbusting. President Roosevelt did not just focus on conservationism during his presidency. He attacked the trusts guilty of monopolies and set up the necessary reforms that resulted in businesses into accepting government regulation. According to our textbook The American Pageant, Roosevelt, as a trustbuster, made headlines in 1902 when he attack the Northern Securities Company, a railroad holding company organized by financial titan J.P. Morgan and empire builder James J. Hill. Roosevelt challenged these great big giants and their attempts to monopolized the railroad industry.
When the K.G.C. / O.A.K. first implemented the use of the organizations amassed wealth, the K.G.C. bought many things under many names. The O.A.K. followed up by creating monopolies and trusts. The government stepped in and tried to bust them up.....the O.A.K. reshuffled the deck and then dissapeared off the redar and scattered like a flock of birds all over the world. In essence they just reversed what the K.G.C. forefathers did and divided the wealth among multiple trusted brothers of lasting faith. Those brothers just kept on making the $$$$$ until the organization grew in all directions away from the center of attention.
just my two cents L.C.

BRIA 23 1 b Progressives and the Era of Trustbusting - Constitutional Rights Foundation

Gold Reserve Act of 1934 - A detailed essay on an important event in the history of the Federal Reserve.
 

James J. Hill Canadian of Scotch-Irish Protestant ancestry

James J. Hill - Wikipedia, the free encyclopedia

This was done in many operations other than the railroads....

One of the challenges at this point was the avoidance of federal action against railroads. If the federal government believed that the railroads were making too much profit, they might see this as an opportunity to force lowering of the railway tariff rates. Hill avoided this by investing a large portion of the railroad's profit back into the railroad itself—and charged those investments to operating expense.

It worked brilliantly!

L.C.
 

Politics in the Gilded Age: 1865-1900

The train left the station and never stopped rolling....

L.C.

rose.jpg :laughing7:
 

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