The World Order
Chapter 7 - The Foundations - 2
by Eustace Mullins

Other original directors of General Education Board included Morris K. Jesup, a banker who had been treasurer of the Peabody and Slater Funds.  He was a director of Western Union, a Kuhn Loeb controlled company, Metropolitan Trust, and Atlantic Mutual Insurance;  Robert C. Ogden of John Wanamker Co., who served as president of Southern Educational Board, Tuskegee Institute, Union Theological Seminary, and Hampton Institute;  Walter Hines Page, who as Ambassador to Britain helped involve us in World War I;  Sir Roderick Jones, chief of Reuters News Agency at its historic address, 24 Old Jewry, London, relates a bit of history in his autobiography, “A Life in Reuters,” a luncheon given by him for Gen. Smuts, Sir Starr Jameson, and Dr. Walter Hines Page (all three of whom had Rothschild connections).

“We dined in a private room at the Windham Club, the one in which twenty years later the terms of the abdication of King Edward VII were settled.  We drifted on to the question of the U.S. entering the war, for which Britain and France so patiently waited.  Dr. Page then revealed to us, under seal of secrecy, that he had received from the President that afternoon, a personal communication upon the strength of which he could affirm that, at last, the die was cast.  Consequently, it was not without emotion that he found himself able to assure us that the U.S. would be at war with the Central Powers inside a week from that date.  The Ambassador’s assurance was correct to the day.  We dined on Friday, March 30.  On April 2 President Wilson asked Congress to declare a State of War with Germany.  On April 6, the U.S. was at war.”

Can anyone fail to make a connection between the director of a “charity” designed to control the education of every citizen of the U.S., and its director who conspired to involve us in a world war ?

Another incorporator of General Education Board was George Foster Peabody, a member of the family which had set up the Peabody Fund.  He married Katrina Trask, relict of Spencer Trask, a wealthy stockbroker who specialized in railroad issues.  Their estate, Yaddo, a magnificent upstate mansion, was left as a foundation to provide writers and artists a place to work.  The grantees, one need not add, have been unanimously and relentlessly “liberal” in their philosophy and work, although they have regrettably failed to produce any significant contributions to American art or literature.  Spencer Trask had been killed when someone shunted a freight train onto the line carrying his sumptuous private car.  George Foster Peabody promptly moved into Yaddo with Katrina, and lived ten years with her before marrying her in 1921.  She died shortly thereafter, and Peabody “adopted” a lissome young divorcee, Marjorie White, when he was informed the church would not allow him to marry her.  He then appointed her sister, Elizabeth Ames, director of Yaddo, where she remained as virtual dictator for many years.  The music room at Yaddo displays a large bronze plaque which reads, “George Foster Peabody, Lover of Men”.  Peabody was appointed the first director of the Federal Reserve Bank of New York in 1914, serving during the crucial years of World War I, until 1921.  He was an enthusiastic supporter of the Bolshevik Revolution in Russia, and later became a director of FDR’s Warm Springs Foundation, and the Hampton Institute.  Louise Ware writes in her biography of Peabody, “He (Peabody) added that the national crisis (World War I), when every man was needed, should insure the Negro opportunity.”  Peabody was chairman of Combustion Engineering Corp., president of Broadway Realtors, director of Mexican Lead Co., Mexican Coal & Coke, Mexican National Railways, Tezuitlan Copper Refining and Smelting, and served as treasurer of the Democratic National Party.  Despite his “capitalist” background, Peabody was always an avowed Socialist.  Ware notes that he wrote to Norman Thomas, “I have always been most sympathetic to individual Socialist aspirations.  I have particularly observed the Fabian System of England with hopeful anticipations.”

This admirer of Fabian Socialism is the man who helped install the General Education Board as the guiding force behind all educational developments in the U.S. since 1910.

The Springfield Republican noted, Oct. 1866,

“For all who know anything of the subject know very well that Peabody and his partners in London gave us no faith and no help in our struggle for national existence.  They participated to the full in the common English distrust of our cause and our success, and talked and acted for the South rather than for our nation.  No individual contributed so much to flooding our money markets with the evidences of our debt in Europe, and breaking down their prices and weakening financial confidence in our nationality than George Peabody & Co. and none made more money by the operation.  All the money that Mr. Peabody is giving away so lavishly among our institutions of learning was gained by the speculations of his house in our misfortunes.”

This editorial was also reprinted in the New York Times Oct. 31, 1866.  The writer did not know that Peabody was a front for the Rothschilds, or that the establishment of the Peabody Fund was intended to give them political and financial control of the impoverished South, or that it would inaugurate the “Era of the Foundations” as the controlling factor in American life.

John D. Rockefeller used General Education Board funds through Standard Oil representatives in Russia to provoke the Russian Revolution in 1905.  No wonder the Soviet masses cheer when a Rockefeller arrives to visit them.  To date, the Rockefellers have “given” more than $5 billion from stock income, meaning that Americans have had to ante up billions of dollars in taxes which would otherwise have been revenue on this income.  Congressman Wright Patman, chmn of the House Banking & Currency Committee, proved in 1967 Hearings that 14 Rockefeller foundations held assets of more than $1 billion in Standard Oil stock.  Not only did they pay no tax on this stock, but it gave them permanent control over the family owned firm.  Rival financiers could not buy control of Standard Oil because its stock was insulated by foundation ownership.  As Patman pointed out, the fact that the Rockefellers escaped paying huge sums in taxes gave them an unsurpassed market advantage over other firms which had to pay normal rates of taxation.  The agitation for increased “corporate taxation” adds to Rockefeller’s advantage.  Patman said, “The Foundations are the best investments the Rockefeller family could have made.”

A family member, Senator Nelson Aldrich, shepherded the General Education Board charter through Congress.  The Rockefeller Foundation charter proved more difficult.  It was a flagrant effort to evade government decrees against the Standard Oil monopoly, but was finally pushed through in 1913 by Sen. Robert F. Wagner of N.Y., setting aside $50 million in Standard Oil of New Jersey stock for “charitable work”.  The Rockefeller Foundation charter was signed on May 22, 1913.  Its incorporators were John D. Rockefeller, John D.Rockefeller Jr.;  Henry Pratt Judson, of the Lyman and Pratt families, president of University of Chicago; Simon Flexner, educated at Universitv of Berlin and Univ. of Strasbourg, had served with Rockefeller Institute since 1903 as prof. of medicine;  Starr Jameson, “personal counsel to John D. Rockefeller in his benevolences”;  Jerome D. Greene, secretary of Harvard Corp. 1910-11, banker with Lee Higginson of London, 1912-18; sec. Reparations commission at Paris Peace Conference;  Wickliffe Rose, prof. Peabody College, secretary Peabody Educational Fund, trustee of Slater Fund and General Education Board;  and Charles W. Eliot, also of the Lyman family, married Ellen Peabody, educated in Germany, president emeritus of Harvard.  An offshoot, the China Medical Board, secured Standard Oil the market for “oil for the lamps of China”, and gave the family entree into the highly profitable Asiatic drug trade.  The breakthrough was obtained after they financed the rise to power of the Soong family, who created modern China.

The list of officers of the Rockefeller Foundation from 1913-63 reveals a great deal about this organization.  The four chairmen of the board have been John D. Rockefeller. Jr. 1917,1939, Walter D. Stewart, 1939-50, John Foster Dulles, 1950-52, and John D. Rockefeller 3rd, 1952-63.

Walter D. Stewart served with Bernard Baruch on the War Industries Board in 1918, was with the Federal Reserve Board from 1922-25, and then joined the law firm of Case, Pomery, a Rockefeller firm.  He was economic adviser to the Bank of England 1928-30, Special Adviser to Bank for International Settlements 1931, Presidential Council of Economic Advisors for Eisenhower 1953-56, and later president of the Institute for Advanced Study.  In this list of legal and financial posts, one is struck by the conspicuous absence of any “charitable” endeavours.

John Foster Dulles, as senior partner of the law firm of Sullivan and Cromwell, carried on the firm’s traditional involvement in promoting wars and revolutions.  Few Americans know that Sullivan & Cromwell’s intrigues made the Panama Canal possible.

A 736 page volume, “The Story of Panama, the U.S. House Hearings on Panama in 1913,” offers hundreds of pages of documentation proving that William Nelson Cromwell, founder of the firm, and Dulles’ mentor, instigated and promoted the Panamanian Revolution for J.P. Morgan and J & W Seligman.  Morgan subsequently received $40 million in gold from the U.S. Treasury, the largest check it had ever drawn to that time.  $35 million of this sum was clear profit.  President Theodore Roosevelt sued the New York World for libel for printing some of the facts about himself and Cromwell.  The case was unanimously thrown out of court by the Supreme Court.

We find in “The Roosevelt Panama Libel Case Against the N.Y. World” the following :

“On Oct. 3, 1908, the Democratic National Committee was considering the advisability of making public a statement that William Nelson Cromwell in connection with M. Bunau-Varilla, A French speculator, had formed a syndicate at the time when it was quite evident that the U.S. would take over the rights of French bondholders in the DeLesseps Canal, and that this syndicate included among others Charles P. Taft, brother of William Howard Taft, and Douglas Robinson, brother-in-law of President Theodore Roosevelt.  These financiers invested their money because of a full knowledge of the intention of the U.S. Government to acquire the French property at a price of about $40 million and thus – because of the alleged information from Government sources – were enabled to reap a rich profit.”

On Aug. 29, 1908, the Democratic National Committee issued a statement from its headquarters in Chicago identifying Cromwell as “William Nelson Cromwell of New York, the great Wall Street lawyer, attorney for the Panama Canal combine, Kuhn Loeb Co., the Harriman interests, the sugar trust, the Standard Oil trust et al.”

Thus the Democratic leaders identified Cromwell as the lawyer for the seven men who controlled America for the Rothschilds.  The Democrats continued :  “In Sept. 1904, during the absences of Secretary Taft from Washington, Mr. Cromwell, a private citizen practically ran the War Dept. John F. Wallace, Chief Engineer of the Panama Canal, testified before the Senate Committee on Feb. 5, 1905, ‘Cromwell appeared to me to be a dangerous man’.”

The House Hearings devoted many pages to Cromwell’s activities, well worth anyone’s reading, including damning testimony from Congressman Rainey :

“ The revolutionists were in the pay of the Panama Railroad & Steamship Co., a New Jersey corporation.  The representative of that corporation was William Nelson Cromwell.  He was the revolutionist who promoted and made possible the revolution on the Isthmus of Panama.  At that time he was a shareholder in the railroad and its general counsel in the United States.  William Nelson Cromwell – the most dangerous man this country has produced since the days of Aaron Burr – is a professional revolutionist.”

John Foster Dulles, chairman of the board of the Rockefeller Foundation, inherited the mantle of Cromwell as the most dangerous man in America.  A member of the Rockefeller family through his marriage to Janet Pomeroy Avery, he was secretary to his uncle, Secretary of State Robert Lansing, at the Paris Peace Conference.  Thomas Lamont, partner of J.P. Morgan, wrote of Dulles at that time, “All of us placed great reliance upon John Foster Dulles.”