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.
In this episode – Continued reading of History of Great American Fortunes by Gustavus Myers. Includes Part III, Chapter I: The Seizure of the Public Domain. Factory Owner’s Fortunes Lag Behind the Railroad Magnates. Continuing Domination of Government By Business. Vast Swaths of Land Into the Hands of Speculators and Corporations. Land Speculators and Their Banking Adjuncts. Land Continually Secured By Bribery. The “Yazoo Claims” Scandal. Congress Reacts to Scandal With New Laws. Reform Laws Even Easier To Exploit. Milwaukee, 1847: 6,400+ Land Claims and Only 40 Settlers. Huge Gifts of Land to Railroads and Canal Corporations. The Truth About Privatization: Canals Privately Owned, Publicly Financed. 4,000,000 Acres To a Handful of Canal Corporations. Fraudulent Surveys Give Corporations Vast Copper Lands. Valuable Natural Resources NEVER Recovered. They Fail To Complete Construction. Beg Congress For Further Gifts of Land and Money. Cash the Great Persuader of Government.
Link to book review discussed in this episode here.
PART III, CHAPTER I – FOOTNOTES