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In 1636, Miles, John, and James Morgan landed in Massachusetts, leaving their father,
William, to carry on the family business of harness-making in England. Joseph Morgan (J. P.
Morgan’s grandfather), successful in real estate and business, supported the Bank of the United
States. Junius Spencer Morgan (J. P. Morgan’s father), was a partner in the Boston banking firm
of J. M. Beebe, Morgan, and Co.; and became a partner in London’s George Peabody and Co.,
taking it over when Peabody died, becoming J. S. Morgan and Co.
John Pierpont Morgan, or as he was better known, J. P. Morgan, was born on April 17, 1837.
He became his father’s representative in New York in 1860. In 1862, he had his own firm,
known as J. Pierpont Morgan and Co. In 1863, he liquidated, and became a partner with Charles
H. Dabney (who represented George Peabody and Co.), and established a firm known as
Dabney, Morgan and Co. He later teamed up with Anthony J. Drexel (son of the founder of the
most influential banking house in Philadelphia), in a firm known as Drexel, Morgan and Co.
Morgan also became a partner in Drexel and Co. in Philadelphia. In 1869, Morgan and Drexel
met with the Rothschilds in London, and through the Northern Securities Corporation, began
consolidating the Rothschild’s power and influence in the United States. Morgan continued the
partnership that began when his father acted as a joint agent for the Rothschilds and the U.S.
Government.
During the Civil War, J. P. Morgan had sold the Union Army defective carbine rifles, and it
was this government money that helped build his Guaranty Trust Co. of New York. In 1880, he
began financing and reorganizing the railroads. After his father died in 1890, and Drexel died in
1893, the Temporary National Economic Committee revealed that J. P. Morgan held only a 9.1%
interest in his own firm. George Whitney owned 1.9%, and H. B. Davison held 1.2%, however,
the Charles W. Steele Estate held 36.6%, and Thomas W. Lamont (whose son, Corliss, was an
active communist) had 34.2%. Researchers believe that the Illuminati controlled the company
through these shares.
In 1901, Morgan bought out Andrew Carnegie’s vast steel operation for $500,000,000 to
merge the largest steel companies into one big company known as the United States Steel
Corporation (in which, for a time, the Rockefellers were major stockholders).
A speech by Senator Norris which was printed in the Congressional Record of November 30,
1941, said: “J. P. Morgan, with the assistance and cooperation of a few of the interlocking
corporations which reach all over the United States in their influence, controls every railroad in
the United States. They control practically every public utility, they control literally thousands of
corporations, they control all of the large insurance companies. Mr. President, we are gradually
reaching a time, if we have not already reached that point, when the business of the country is
controlled by men who can be named on the fingers of one hand, because those men control the
money of the Nation, and that control is growing at a rapid rate.”
The House of Morgan grew larger in 1959, when the Guaranty Trust Co. of New York
merged with the J. P. Morgan and Co., to form the Morgan Guaranty Trust Co. They had four
branch offices, and foreign offices in London, Paris, Brussels, Frankfurt, Rome, and Tokyo. The
firm of Morgan, Stanley, and Co. was also under their control.
Paul Moritz Warburg (1868-1932), and his brother Felix (1871-1937), came to the United
States from Frankfurt in 1902, buying into the partnership of Kuhn, Loeb and Co. with the
financial backing of the Rothschilds. They had been trained at the family banking house, M. M.
Warburg and Co. (run by their father Moritz M. Warburg, 1838-1910), a Rothschild-allied bank
in Frankfurt, Hamburg, and Amsterdam, which had been founded in 1798 by their greatgrandfather.
Paul (said to be worth over $2.5 million when he died), married Nina Loeb, the