THE CONSORTIUM BANKERS: AMERICA’S PRESTIGIOUS FAMILIES

Behind most of these huge American corporations of the Consortium reaping colossal fortunes are some of the richest and most prestigious families in America including the Rockefellers, Mellons, DuPonts and Harrimans. Their extensive families are likewise interconnected with their corporate network including National City, National Bank of Commerce and Morgan’s Guaranty Trust all of whom made windfall war fortunes.

For example, JP Morgan and Co., under the direction of Henry Pomeroy Davison was purchasing agent for the Allied Powers, and personally involved on site with the central Bank of London and Paris the London-New York gold shipments vital to secure Allied loans to prolong the war against Germany. No small irony that once America was dragged into the war by the banking fiasco of apocalyptic proportions H. P. Davison (HPD) himself became Chairman of the American Red Cross. The 1934 public Senate hearings into the war trade confirmed that Morgan was the principal bank that maneuvered America into the war.

Harry Davison is JP Morgan’s right-hand man until his last breath. He fell under the national spotlight only a few years before the outbreak of war when he sat alongside America’s giant of finance and skillfully rebutted public scorn and scandal-mongerers at the highly publicized Senate Pujo Committee hearings during eight months between May 1912 and January 1913 over the Money Trust monopolies of millionaires (equivalent to today’s billionaires), and the Congressional inquiry into the Panic of 1907 and the rescue of New York City from financial bankruptcy by Morgan’s elaborate network “of overlapping directorships or interlocking directorates of the top banking houses and major financial institutions” of the United States. It all happened just prior to setting up the national Federal Reserve. It was at that very same time that the Fed system of a centralized national bank, which today controls America’s money supply of deficits and debt was pushed on the newly elected US President Woodrow Wilson who reluctantly signs it into legislation in 1913 – landmark legislation of his first year in office.

The Senate Pujo Committee aimed to prove Wilson’s contention of money and capital “the great monopoly in this country”, and is headed by Samuel Untermeyer (1858-1940), a New York lawyer (Columbia Law School), and the prosperous son of a German Jewish veteran killed in the American Civil War fighting for the Confederate Army. On the stand Pierpont Morgan proved a most willing and cooperative witness “unfailing polite and frank when it came to giving testimony”. Susie Pak observes, “Fundamentally, he acted like someone in charge, and he was not afraid to name names or be held accountable unlike many of the other witnesses.” George Baker, 73, had a harder time of it, naturally unable “to remember everything”. Jacob Schiff proved to be a stunning if not impeccable example of banking stewardship and disposed to exalting the “honor” and “moral responsibility” of the “gentlemen” bankers and attributing their success to individual freedom and character. “We do not make brains,” he said. “Brains are created by a higher Power.” And he admonished the Committee, declaring, “I would not limit, in any instance, individual freedom in anything, because I believe the law of nature governs that better than any law of man.” In the shadows behind the scene Schiff is secretly funding the Bolshevik revolutionaries to overthrow the Russian autocracy and destroy an entire empire. The Morgan partners grew to detest the “beast” Untermeyer; Tom Lamont preferred to have him smeared as an “irresponsible muck-raker”. Suzie Pak describes Untermeyer “by all accounts, a formidable prosecutor”. (S. J. Pak, 26-31)

The Fed then bankrolled the First World War making some choice firms and people fantastically rich and positioned and just long enough for the Americans to get in and clean up while suffering a comparably minimal loss of American lives while forcing Germany to prolong the war until Wilson and the Allies could impose their postwar reconstruction plans for New World Order imposed on the vanquished by their glorious terms of unconditional surrender. Although “HPD” was not Yale and so never eligible to be “tapped” by Yale’s ultra-secret society Skull & Bones, his son Henry Pomeroy Davison, Jr., (“Trubee”), and grandsons Endicott and Daniel (“Coty” & “Danny”) continued the elite tradition of privileged leadership otherwise known as America’s division of the classes as two more of its emboldened initiates. Trubee later becomes chief of personnel at the CIA; eventually the two brothers assumed practiced law and serves a few years a few feet across the hall from Yale University President Kingman Brewster as the President of Yale Corporation, and president and chairman of London’s posh banking firm Morgan Grenfell, senior partner of Morgan Guaranty in New York, before his crowning achievements as head of US Trust. The quixotic younger brother “Danny” Davison who this author was privileged to know, distinguished his exemplary career with a particular uncanny brilliance marked by a quick stringent, at times baffling wit, always elegant, and extremely secretive with an unobtrusive and casual demeanor evolved over a lifetime of smoothly mixing with eccentric aristocrats and royal cousins on the other side of the Atlantic. (Kathleen Burk, Morgan, Grenfell 1838-1988: The Biography of a Merchant Bank, NY: Oxford Univ. Press, 1989)

Danny Davison also married a distinguished woman, a refugee, but not an ordinary Russian refugee of the 1917 Russian Revolution, and there thousands of them, that is, the lucky ones who got managed to escape the Bolsheviks and prosper in exile. Yes, this was a very special Russian, a Tsarist princess, Katusha, of the vastly rich Sheremetyev landowning aristocrats. There name is since immortalized as Moscow’s very own Sheremetyevo airport. Great stories of intrigue and fabulous wealth followed the pleasures and sorrows of the Count and Countess Sheremetyev and their life in their magnificent residence that vividly conjures up illustrious associations with the court of Catherine II when Uvarov once discharged from the Empress’s bedroom is honored with the rank of regimental commander of the Grenadier Guards back “in Petersburg’s dawning days, soon after a branch of that ‘nameless little river’, the Neva…”, as Serena Vitale so graciously enlightens us in her book Pushkin’s Button. When the Count died in 1835 the poet Pushkin (Alexander Sergeevich Pushkin), the most outrageously beloved bard of Czar Alexander and foe of his Ministry’s official censors added to his notoriety– Russia’s “greatest man of literature” and “the most famous poet it has ever had”– when he attempts to plunge into the fortune of the soon-to-be-deceased Dmitry Nikolaevich Sheremetev, only that the young Count stages a remarkable recovery after a near fatal illness and much ceremony, and returns to his domaine of “600,000 desyatins (about 1,627,000 acres and a couple of hundred thousand serfs”. (Serena Vitale, Pushkin’s Button, Transl. A. Goldstein and J. Rothschild, NY: Farrar, Straus and Giroux, 1995, 127-32. Pushkin dies in 1837 after a duel to defend his wife’s honor; he survived for 36 hours, time enough to receive a pardon and blessing from the Tsar and assurances “that his wife and little children would be properly cared for. Witnesses are astounded when 50,000 people “of all classes” visited his funeral chamber.)

For his part, the older grandson of HPD, Endicott Peabody Davison, “Coty”, married President Bill Taft’s grand-niece, Jane Ingalls. No coincidence there; US President Taft’s father was co-founder of Skull & Bones in 1832. (Life publishes for June 2012 a special issue, “The Hidden World of Secret Societies”; on the last page dedicated to Skull & Bones, with 1920 member page taken from the yearbook. The Life story has no story. It is just more disinformation revealing no secrets. We are not the secret society, they are. Fifteen names of men are listed under the S & B “322” logo. Three of the names I know very well: Henry Pomeroy Davison, Jr., David Sinton Ingalls and Henry Robinson Luce. Dave Ingalls was the flying ace in the First World War when he volunteered to fly with the British fighter pilots before America entered the war. He was the first ace in the US Navy. His friend Trubee helped create the Yale Unit, fighter pilots under the command of their own squadron before the US Army was in the air. Jane Ingalls married one of his three sons “Coty” Davison; their son David Ingalls Davison graduated Groton and Yale (’77), not a S&B member is a lawyer and flying enthusiast, a staunch Democrat and the most modest and generous person who I have the pleasure of knowing since our youthful days together at Yale. Janie is still very active, recently celebrating her birthday at 87 in 2013, a lover of horses agile and fearless in the saddle, and one of the most kind, and fun-loving people you would ever wish to know. If you visited Wikipedia for Skull & Bones in July 2013, reader we find the S&B photo for the Yale Senior year and there standing in the back row of a group of men for their private group photo besides George Bush, next to the grandfather clock, a few inches from his right ear is Endicott Peabody Davison, son of Trubee. But reader be assured none of this seems to matter anymore, unless as we know from the revealing connections of the Consortium Holodomor story then these names printed on the Skull & Bones card are more than hieroglyphics. These people are real with loving families. You have to have a more than just a name. Or just a face as with the Wikipedia photo with no other name than George Herbert Walker Bush.

Remember what Graham Greene says in The Comedians: “War is Horror. Horror is real.”Otherwise all you have is more of the same disinformation. The Davisons I know are all fine people with families who value traditions as well as their friends and their privacy. It is difficult even painful to imagine that the goodness of innocence is so easily corruptible (if it even exists at all) by the evil of politically ignorant and criminal events and no excuse for good intentions. In Paris my friend from SAIS told me, “History is what it is and that’s what it.” (He was head of the French head of the Gallop pollsters of public opinion). Yes, reader, the Holodomor as these men of Skull & Bones lived not so long ago. William Faulkner wrote, “The past is never dead. It’s not even past.” Remember reader children never choose their parents and the wholeness of the spirit that lives in them and in all of us is greater than the sum of the parts. And the powers that be and the forces in play in that time of the Holodomor are still very much a part of the historicity of our lives and the future.

A year before the war JP Morgan sails away from his banking fortress megapolis never to return, to Europe, convokes the spirits of the ancient Pharaohs at the pyramids in Egypt (and collecting priceless artifact), kneels in prayer to his God with the Pope and, then still in Rome, quietly passed away in his sleep March in 1913. H. P. Davison, assisted principally by Tom Lamont, takes the helm and single-handily transforms the Morgan financial colossus into an even greater empire to secure war loans and fill the Fed vaults with British gold. Once America was officially in the Great War (the Consortium gang had been trading in contraband munitions throughout the so-called neutrality years) Davison then stoically carried the banner freedom and democracy as chairman of the American Red Cross raising millions of dollars from American workers in Liberty Loan fund-raising drives. “HPD” did more than any other American to finance the First World War, and, it can well be argued, to facilitate the popular mobilization of the American masses to support it behind the lines and in the trenches.

In her chapter on the Morgan bank’s syndication of war loans during the First World War Suzie Pak (Gentleman Bankers) marks December 1914 when “the House of Morgan became the buying agent for the British and French governments, essentially ‘coordinating the vast and growing war purchases both countries were making in the United States’.” In fact, the bank was busy straight away that late summer in England arranging the financing for the war with gold shipments from London to New York assuring the extension of armed conflict into total world war so that by 1915 Morgan through its syndicated banking network floated a $500 million Anglo-French loan “organized by Henry P. Davison and managed by Edward R. Stettinius, whom Thomas Lamont recruited” into their firm. By January 1, 1917, four months before America officially enters the war, with the Russian Czar doomed and Davison head of the American Red Cross war lobby, the Morgan war loans total over a billion in financial securities marketed by their partners and friends on Wall Street. This is how it was. Not for the wives and children to know. Dollar-a-year patriots, outstanding men of distinction with cigars and pipes in low voices behind closed doors protected from public scrutiny in their private dens and members only clubs and dining rooms. Exterminators and destroyers of the old world take their turn in the grab for empire. (Suzie J. Pak, Gentlemen Bankers The World of JP Morgan, Cambridge, MA: Harvard Univ. Press, 2013, 112)

Once the Romanov Russian Czar abdicated and was out of the way, president Wilson joined the Allies and Harry Davison on whispering terms with the Windsor Palace as well as the Bank of England micromanaged from his downtown Manhattan office on Wall Street the American Red Cross spy mission to St. Petersburg and Moscow diverting millions of dollars for the Bolshevik coup staged by Lenin, Trotsky and his revolutionary Bolshevik troubadours after Lenin’s arrival at Finland station in a sealed train from Germany.

Writer Eustace Mullins in his book Secrets of the Federal Reserve (1983) astutely observed in Wilson’s April 1917 war message “an incredible tribute to the Communists in Russia who were busy slaughtering the middle class in that unfortunate country.” Wilson declares, “Assurance has been added to our hope for the future peace of the world by the wonderful and heartening things that have been happening in Russia. Here is a fit partner for a League of Honor.” The war had dragged on too long. By the time the Americans arrived to fight a few months snatching up the pieces of falling empires like fruit falling from the tree, there remained a lot of mopping up to do.

After four years of war, by 1918 Europe is in ruins and on the brink of a widespread disease sweeping over borders and out of control. Russia has fallen into a state of utter disintegration. The Romanov monarchy is on the rocks; the center could not hold. After the sudden Armistice Wilson sends US troops to intervene in Russia’s Civil War. America’s brief exodus overseas leaves 108,000 dead US soldiers, with the League of Nations battered in disgraced Versailles negotiations and a scandal of secret treaties. Repudiated morally and politically the President falls seriously ill and retreats into seclusion at home with his wife in the capital. For the 1924 presidential contest and with Harding Republicans, burned and tarnished by highly publicized notoriety over the oil corruption deals of the Teapot Dome navy oil lease scandal, HPD is considered a GOP favorite for the Presidency but he collapses from a brain tumor and is gone. (E. Mullins, Secrets of the Federal Reserve, 1983, 85; G. Colby, DuPont Dynasty)