Triumphant Plutocracy – Episode #3


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 IV: Money.  Congress Violates The Constitution By Giving Away the Power To Issue Money.  Peter Cooper and “Greenbackers.”  The Supply and Demand Theory of Money.  Free Coinage of Silver.  The Gold Standard as a Tool of the British Empire.  The English Domination of International Financial Conferences.  Subjugating Less Developed Countries By Lending Them Money.  The “Global Economy” Existed 100+ Years Ago.  An Explanation of the Business Cycle.  The March Toward Serfdom: Farm Tenancy.  Sherman, Knox, and the Demonetization of Silver.  The Hazard, Panic, and Bankers Circulars.  The Federal Reserve System, The “New York Bankers Club.”  Pettigrew’s Prediction: Bankers Will Exploit Latin America and Asia. Reconstruction Loans to Europe After the Great War.  Pettigrew in 1922: Another Panic Is Being Created!  Central Banking the Creation of Lord Overstone and the Rothschilds.  Federal Reserve Has Enslaved the People of the United States.

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For more information on the author of this book Click Here.

Here is the chart from the book that shows the “Globally Connected Economy” existed back as early as the 1810’s:


The History of the Hazard Circular

Slavery is likely to be abolished by the war power, and chattel slavery destroyed. This I and my European friends are in favor of, for slavery is but the owning of labor and carries with it the care of the laborer, while the European plan, led on by England, is capital control of labor by controlling wages. THIS CAN BE DONE BY CONTROLLING THE MONEY.
– Hazard Circular, 1862

While re-reading the Gustavus Myers book “The History of the Great American Fortunes”, I stumbled upon a little factoid, caught in the massive spiderweb of knowledge that is that three volume tome. Pulling upon that thread I was lucky enough to find at the end of it a book that I am reasonably certain has been long forgotten, and so I am currently reading it into an audiobook format for your listening pleasure. However, as is always the case, I have stumbled upon yet another interesting bit of information in this current book, and this would be the “Hazard Circular”. In the book it was simply referenced as a circular (or letter) from “the creditors” of the United States, circa 1862, to every bank in New York and New England. The contents of this circular are very provocative; they set out the fact that the banks use the control of the creation of money to enslave people through devaluing their wages. I was quite shocked by this brazen statement and so I set forth in search of its origins. Little information was readily available on the internet, so I turned to the old and mouldering books and periodicals of a century ago to disinter the true history of the “Hazard Circular”… Continue reading