History of America’s One Percent – Episode #24

In 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.

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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.

History of America’s One Percent – Episode #22

In 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.

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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.

Streaming provided by Imgrush | Download (70mb) | LoBandwidth (18mb)

Click Here for a complete list of episodes in this podcast.
You can also stream the episodes from Archive.org
For more information on the author of this book Click Here.

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