Jim Marrs - Rule by Secrecy - The Hidden History that Connects the Trilateral Commission, the Freema

and highly useful connections with the London financial world, and during the 1870s he was thereby able to provide the rapidly growing industrial corporations of the United States with much-needed capital from British bankers," noted The New Encyclopaedia Britannica.

Next to the European Rothschild family, the Morgan Company became one of the most powerful banking houses in the world. But that wasn't enough for John P. Morgan, who inherited the family interests in 1890 following his father's death in a carriage accident on the French Riviera. Five years earlier he began the reorganization of America's largest railroads and by 1902 was the world's most powerful railroad magnate, controlling about five thousand miles of track.

Morgan even helped bail out the U.S. government following a bank panic in 1893. Forming a syndicate, Morgan propped up the government's depleted reserves with $62 million in Rothschild gold. In the 1890s he oversaw the merger of Edison General Electric and ThomsonHouston Electric Company to form General Electric, which quickly dominated electrical equipment manufacturing. Next, Morgan merged several steel firms to form United States Steel Corporation, and in 1902 he created International Harvester Company out of several competing agricultural equipment manufacturers.

This diversified Morgan empire has never been equaled and continues to dominate the American financial industry to this day. "Through a system of interlocking memberships on the boards of companies he had reorganized or influenced, Morgan and his banking house achieved a topheavy concentration of control over some of the nation's leading corporations and financial institutions," explained The New Encyclopaedia Britannica. This empire was extended to include tax-exempt foundations, trusts, pension funds, and even government positions. Such manipulation can explain how control over the commercial and economic life of the United Stares was achieved and maintained for those with the knowledge, willpower, and wealth.

Although J. P. Morgan and John D. Rockefeller competed with each other in many areas, "in the end, they worked together to create a national banking cartel called the Federal Reserve System," wrote Griffin.

The initial plan for the Federal Reserve System was conceived at a secret meeting in 1910 at Morgan's private resort on Jekyll Island off the coast of Georgia.