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Thursday, 23 April 2015

THE HISTORY OF AMERICA’S 1%

Gustavus Myers – History of Great American Fortunes – 1909

Episode #11 – Continued reading of History of Great American Fortunes by Gustavus Myers. Includes Part II, Chapter VI: The Propulsion of the Astor Fortune. John Jacob Astor Leaves Behind $20 Million. The Lifestyle of his heir, William B. Astor. An Endless Chain of Corruption. Astor’s Investments in the New York Central Railroad. Toe To Toe With Commodore Vanderbilt. Vanderbilt Proves Himself The Master Of Corruption. Astor, Boss Tweed, and Tammany Hall. Astor On Committee To Investigate His Cronies. $60,000,000 Swindle – Viaduct Railroad. Connections to Elihu Root. Astor’s Enormous Rents From Tenement Houses. The Deadly Conditions Of These Tenements. Humanity Of No Consequence. Tenement Houses Owned By Churches. William B. Astor Leaves Behind $100,000,000.r.




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