History of America’s One Percent – Episode #26

hogaf-logo-wip2In this podcast series we dive into the long and shadowy history of America’s ruling elite through the works of authors who were either silenced, suppressed, or forgotten, to discover the origins of the 1% and from where their power and wealth was, and still is, extracted. Each recording will be approx. 1 hour in length to allow for easy consumption of the material.  The narrator will only interrupt the reading to provide insight, spell names, read informative footnotes, or provide definitions for archaic words.


In this episode – Continued reading of History of Great American Fortunes by Gustavus Myers.  Includes Part III, Chapter V:  The Vanderbilt Fortune Increases Manifold, continued.  The Wisdom of Grand Larceny: the Greater the Theft, the Less Likely You Are to Go to Prison.  Money As the God of Society.  Harsh Discrimination’s in American Law.  Vanderbilt’s Constant Purchase of Laws.  His Immense Stretch: 1,300 Miles of Road From Buffalo to Chicago.  His Whitewashed Legacy: Vanderbilt as the Great Improver and Renovator of Railroad Lines.  How the Public Paid for Improvements to the Railroad Lines.  A Poignant Example: The Sinking of Above-Ground Tracks on Park Avenue.  How Accidents at Railroad Crossings Can Drive Down Real-Estate Value.  The City Closes Off Large Stretch of Park Avenue for Railroad Construction.  Vanderbilt Gobbles Up Property on Park Avenue.  The Corrupt Tweed Regime and Tammany Hall Driven Out of Power.  A “Reform” Administration Elected.  The Real History of “Reform” Politics.  Vanderbilt’s Vast Gifts From the “Reform” Legislatures.  The Correlation Between Record Low Wages and Record High Wall Street Profits.  Chauncey M. Depew: Vanderbilt’s Chief of Staff.  Vanderbilt Buys Depew a Seat in the U.S. Senate.  Repression of Workers. The Liberal Bastion of Massachusetts Exposed.  American Sweatshops Circa the 1900’s.  Sermonizing the “Best Classes”:  How The Rich and Their Tools Propagandize Workers By Promising to Uplift Them Into the Middle Class.  Honesty and Industry Scrutinized: The Borden Millions.

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PART III, CHAPTER V – FOOTNOTES, Cont’d. Continue reading

History of America’s One Percent – Episode #24

hogaf-logo-wip2In this podcast series we dive into the long and shadowy history of America’s ruling elite through the works of authors who were either silenced, suppressed, or forgotten, to discover the origins of the 1% and from where their power and wealth was, and still is, extracted.

Each recording will be approx. 1 hour in length to allow for easy consumption of the material.  The narrator will only interrupt the reading to provide insight, spell names, read informative footnotes, or provide definitions for archaic words.


In this episode – Continued reading of History of Great American Fortunes by Gustavus Myers.  Includes Part III, Chapter IV:  The Onrush of the Vanderbilt Fortune, continued.  No Criminal Charges for Vanderbilt.  Congress Pathetically Offers Up a Resolution Censuring Him and Others.  Vanderbilt Exerts Political Influence to Have His Name Removed From the Resolution.  Vanderbilt Expunged, His Agent Southard Takes the Fall.  New Unbelievable Lows of Fraud: Afflicted Horses “Doctored Up” and Sold to the Cavalry.  Vanderbilt Begins Buying Stock in the New York and Harlem Railroad.  New York and Harlem Franchise Obtained Through Bribery.  The Atrocious Safety Records of the Railroads.  Corporations Not Responsible for Loss of Life: Transportation Accidents as a Means to Drive Down Stock Prices. Vanderbilt Bribes the Common Council for a Perpetual Franchise.  George Law and Vanderbilt’s Bribery Battle for Control of the Broadway Line.  Law Bribes the State Legislature, Vanderbilt Bribes the Common Council.  The City Aldermen Hatch a Scheme to Fleece Vanderbilt.  They Give Vanderbilt a Franchise That Will Not Pass Legal Scrutiny.  The Aldermen Secretly Short the New York and Harlem Stock.  The Outcome of This Plot.  He Grasps Up a Second Railroad: The New York and Hudson Line.  He Attempts to Consolidate the Two Railroads Through Legislative Act.  Another Plot Against Vanderbilt.  His Acquisition of the New York Central Railroad.  The Public Suffers So Stock Prices Can Be Depressed.  Vanderbilt Outmatches Cunard, Astor, Steward and Others.

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PART III, CHAPTER IV – FOOTNOTES, cont’d.

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History of America’s One Percent – Episode #23

hogaf-logo-wip2In this podcast series we dive into the long and shadowy history of America’s ruling elite through the works of authors who were either silenced, suppressed, or forgotten, to discover the origins of the 1% and from where their power and wealth was, and still is, extracted.

Each recording will be approx. 1 hour in length to allow for easy consumption of the material.  The narrator will only interrupt the reading to provide insight, spell names, read informative footnotes, or provide definitions for archaic words.


In this episode – Continued reading of History of Great American Fortunes by Gustavus Myers.  Includes Part III, Chapter IV:  The Onrush of the Vanderbilt Fortune.  The Civil War Disrupts Marine Commerce.  Steamship Lines Try to Dispose of Their Fleets.  The Terrible Condition of These Vessels.  Worthless Ships Pawned Off On the Navy Department For a Profit.  Indiscriminate Plunder of the Soldiers During the War.  Faulty Weapons Maim and Kill the Soldiers They Are Issued To.  Spoiled Rations Sold to the Army.  Military Contractors Kill a Great Number of the Soldiers With Their Supplies.  The Patriotism of the Great Magnates, So-Called.  The Draft Act Amended to Let Great Capitalists Escape the Battlefields.  The Purchasing of “Substitutes” to Take the Rich Man’s Place on the Field of Combat. Vanderbilt the Glorious “Patriot.”  Vanderbilt Selected By Secretary of War Stanton, to Assist Government With Purchasing Worthless Ships.  Vanderbilt Grossly Overpays for the Ships if the Sellers Surrender a 10% Fee.  No Precautions Taken to Safeguard the Lives of Union Soldiers.  Vanderbilt Directly Responsible for Putting Hundreds of Soldiers Lives In Peril.

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Click Here for a complete list of episodes in this podcast.
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For more information on the author of this book Click Here.

PART III, CHAPTER IV – FOOTNOTES.

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History of America’s One Percent – Episode #22

hogaf-logo-wip2In this podcast series we dive into the long and shadowy history of America’s ruling elite through the works of authors who were either silenced, suppressed, or forgotten, to discover the origins of the 1% and from where their power and wealth was, and still is, extracted.

Each recording will be approx. 1 hour in length to allow for easy consumption of the material.  The narrator will only interrupt the reading to provide insight, spell names, read informative footnotes, or provide definitions for archaic words.


In this episode – Continued reading of History of Great American Fortunes by Gustavus Myers.  Includes Part III, Chapter III:  The Beginnings of the Vanderbilt Fortune, continued.  Vanderbilt the Foremost Pirate and Blackmailer of His Day.  His Exploitation of the Government’s Steamship Mail Subsidies.  Millions Made From Corrupting Postal Officials.  Government Funds Pay For Building of Entire Commercial Fleets.  E. K. Collins & Co. Line’s Enormous $1 Million Per Year Subsidies.  Postal System $5,000,000 In Debt By 1858.  Vanderbilt & Collins in Congressional Bribing War.  Indications That Their Competition Was a Facade.  Allegations Surface On Secret Agreement Over California Mail Subsidies.  Vanderbilt’s Huge Pay-Off: $56,000 Per Month of Tax-Payer Money, to Not Compete In California.  Congressional Testimony Blows The Lid Off Vanderbilt’s Blackmail Scam During the Covode Committee.  Vanderbilt Never Arrested or Charged.  He Retires From the Steamship Business in the 1860’s; His Millions In Blackmail Funds Intact.

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PART III, CHAPTER III – FOOTNOTES, cont’d.

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Triumphant Plutocracy – Episode #6

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An insiders view on how bankers, corporations, and lawyers took over the United States Government and became the “Rulers of America” during the Gilded Age.  Written with true authority by a man who had a front row seat for it all, R. F. Pettigrew was the first senator from the state of South Dakota, and he made no friends during his time in the US Congress. These are his memoirs.


In this episode – Continued reading of Triumphant Plutocracy by Richard Franklin Pettigrew,  including Chapter VII: Railroads.  Railroads Were the Most Aggressive Interests in America.  Pettigrew Operated a Small Railroad in South Dakota.  Trusts Grow Out of Demonetization of Silver.  The Revolving Door Between Railroads and Government.  Railroads Cheat the Government on Mail Volume.  They Use Congressional Documents to Add Extra Weight During Weighing Season.  Postal Service “Unwittingly” Helps the Railroads Defraud the Government.  Railroads Charge Discriminatory Rates, Put Burden on the Poor.  Rich and Influential Customers Ride the Rails on Free Passes.  Standard Oil Uses Discriminatory Rates to Conquer the Competition.  Railroads Over Capitalized.  Rampant Securities Fraud and Manipulation By the Railroads.  The Notorious Credit Mobilier Scandal.  Congress Appoints Committee to Re-Structure It’s Mortgage On the Railroads.  Committee Packed With Railroad Agents.  They Swindle the Tax Payers Out of $100,000 Per Mile.  Anti-Trust Laws No Match For the Railroads.  New York Judge Declares That Most Every Judge In the State Has a Conflict of Interest On Railroad Cases.  Pettigrew Introduces Senate Bill No. 1770, Railroad Nationalization.  The Immense Concentration of Railroad Stock in a Few Hands.  Morgan and Rockefeller Dominate the Railroad Industry.  Pettigrew Calls For Railroad Owners to Be Jailed.  Long List Railroad Frauds During the Civil War.  Government “Takes Over” Railroads During War.  Tax Payers Forced to Guarantee Stock Dividends On Fraudulent Stock.

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FIGURES & CHARTS FROM CHAPTER VI

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Feudalism in the USA

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Stephen Van Rensselaer III – the last patroon in an American feudal dynasty. Died 1839.

Many writers and commentators of the present day have often remarked that America is moving ever closer to that distant and extinct mode of society, feudalism.  In this hierarchy, power is derived from the owning of property, particularly land, on which the masses must toil and eek out an existence as vassals, in exchange for protection from the land-holding lord.  The feudal lord had absolute dominion over the land and his tenants, creating the laws, exacting tribute, marshaling a police force, and dispensing justice.

While the exact functions of the system 600 years ago are a bit outdated, the general concept can still be readily applied.  The exploited masses woefully indebted, and laboring for a mere subsistence as slaves to a small group of wealthy elite, may sound shocking. Yet it is a pattern perhaps, that some in our society are beginning to see.  It has been termed in the alternative media as neo-feudalism, a more recent incarnation of the old system.

But just how distant a relic was feudalism?  If you have been following our podcast series on the History of Americas 1%, then you will know that land lords with feudal rights colonized America, particularly in New Netherlands (which eventually became New York).  In Parts 1, 2, & 3, we touched on many of the old landed aristocrats, one of the foremost being the Van Rensselaer estate, which comprised a large chunk of New York. These feudal lords remained intrenched there, exacting a ferocious and arbitrary rule over their territory.  However, with the American Revolution came sweeping changes of freedom and manhood suffrage and wiped out the old feudal conditions.  Or did it?

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