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Friday, 7 August 2015

THE HISTORY OF AMERICA’S 1%

Gustavus Myers – History of Great American Fortunes – 1909

Episode #22 – Continued reading of History of Great American Fortunes by Gustavus Myers. Includes Part III, Chapter III: The Beginnings of the Vanderbilt Fortune, continued. Vanderbilt the Foremost Pirate and Blackmailer of His Day. His Exploitation of the Government’s Steamship Mail Subsidies. Millions Made From Corrupting Postal Officials. Government Funds Pay For Building of Entire Commercial Fleets. E. K. Collins & Co. Line’s Enormous $1 Million Per Year Subsidies. Postal System $5,000,000 In Debt By 1858. Vanderbilt & Collins in Congressional Bribing War. Indications That Their Competition Was a Facade. Allegations Surface On Secret Agreement Over California Mail Subsidies. Vanderbilt’s Huge Pay-Off: $56,000 Per Month of Tax-Payer Money, to Not Compete In California. Congressional Testimony Blows The Lid Off Vanderbilt’s Blackmail Scam During the Covode Committee. Vanderbilt Never Arrested or Charged. He Retires From the Steamship Business in the 1860’s; His Millions In Blackmail Funds Intact.




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History of the Great American Fortunes Vol 1 pdf Here
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History of the Great American Fortunes Vol 3 pdf Here

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