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9 of 9: Secret Societies of America's Elite...Wealth:The Legacy of the Opium Trade...Power of the New Skull & Bones...

Posted By: oldmaninthedesert
Date: Friday, 15-February-2019 16:48:15


I do not think I have thrown this out there since my return,but I am looking for someone...ANYONE...to show me when America was great once,never mind the delusion currently sweeping a good portion of the Empire....

[...The Revolutionary War was great business for George as he fitted out forty ships as privateers and shared richly in many prizes. What Cabot and his fellow merchants had fought for, in addition to prizes, was to make a union of the colonies in the belief that it would expand their mercantile business. And for a while it did. In 1784 George Cabot was already trading through the Baltic Sea, pioneering the Russian trade with his ships Buccaneer and Commerce.6 In 1787, with the war at an end, the Cabot family established the Beverly Cotton Manufactory. Cabots also owned fishing fleets in Beverly, which led Senator George Cabot to draft and push through an act giving fishermen a bounty to expand the cod-fishing business.

From 1789 to 1799 Alexander Hamilton had dictated the financial and foreign policy for the nation's first two administrations. His privy council was called the Essex Junto.7 Made up of George Cabot, Stephen Higginson, Jonathan Jackson, John Lowell, and Thomas Pickering, the Junto almost created a second revolution when the policies of Jefferson were not in accord with the council's own financial interests.

The fortunes of the Essex Junto were made mostly from the sea and from unrestricted trade. Its credit needs were met not by the infant government in Washington but by the same facilities members had relied on before the Revolution: the London banking houses. The Essex Junto was actually a traitorous conspiracy, as it broke away from the United States because of Jefferson's embargo. When home among his fellow aristocrats, George Cabot was a pillar of the compact society; outside New England he was an anarchist, a charge he had made against Jefferson. The conspiracy blew over as the embargo was lifted.

Senator George Cabot, whose mother was Elizabeth Higginson, married his first cousin, also named Elizabeth Higginson. The union was one of many dynastic marriages among the opium families who became the Brahmin class of Boston. George further cemented his role in the establishment by serving as president of the Boston branch of the United States Bank, as director of Suffolk Insurance, and as president of Boston Marine Insurance.

The next famous Cabot was Edward (1818-1901), the third of eleven children of Samuel Cabot and Eliza Perkins (daughter of Thomas Handasyd Perkins). The offspring of two of the most powerful China trading families, Edward Cabot decided to be a sheep farmer. After losing a fortune in that business in Illinois, he returned home and became an architect. Edward would get commissions to design Johns Hopkins University and the Boston Athenaeum, both of which were financed by family.

The best-known Cabot might be Henry Cabot Lodge, a Harvard Ph.D. historian-turned-politician. A true elitist, he fought against women's suffrage and even against the direct election of U.S. senators. To foster these elitist politics the Cabot family endowed organizations such as the Brookings Institute, where world leaders like James Wolfensohn of the World Bank; Henry Schacht of Warburg, Pincus; David Rockefeller; and Barton Biggs of Morgan Stanley bridge the corporate-political divide and influence government policy....]
https://exploringrealhistory.blogspot.com/2019/02/part-9-of-9-secret-societies-of.html


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