So, I read around 500 pages of Mira Wilkins book on foreign investment of the US.
The revolution was basically lost during the revolution. The house of Baring was the agent of the US from its inception. From then on, European banks, mostly Jewish owned:
Lazzard Speyer—Ellisson ||| Kuhn ||| Mendelsshon ||| Erlanger ||| Loeb ||| Goldmen Sachs and Co., ||| Warburg through Kuhn and Loeb liaison ||| House of Seligman ||| Belmont/Schönberg (from the Jewish Belmonte bankers of Portuguese origin) ||| Rothschild (which I have come to realize that they never STARTED IN the 18th century as Red Shield, they were always a banking family through the Roths/Rothes/Roth(s)Child) ||| the gentile Morgan/Drexel ||| Schiff |||
...took control of states, either through state governors consent to bankers foreign investment or the bankers lackeys through infiltration and incorporation of city banks acting as liasons to Frankfurt, Swiss, Dutch and British banking houses. Rothschild also had a large sum of shares in the first and 2nd bank of the US of which Baring did as well. Andrew Jackson, despite all his flaws, was able to pay off public debt, which Hamilton and Belmont and Webster wished to remain permanent; Jackson later pushed through specie circular.
The problem I have here is that Baring and Rothschild, despite them oftentimes working for similar interests were rival banks. Some say that Jackson appointed the House of Baring as US financial agent. But Wilkins shows that Jackson was fervently opposed to Baring. US securities owned abroad were reduced, under Jackson, however, upon his departure in the mid 1940's, years after the crisis, foreign held securities increased to over 200,000,000!
So, it is clear the the 1st and 2nd US banks were strongly aligned with London finance. Jackson prevented the recharter of the 2nd bank. We also know that N.M. Rothschild when Jackson caused the crisis through deflation, though, one can certainly make the contention that it was the banks that did this, went out of business. Belmont, agent to Rothschild, revived the House of Rothschild in the US as did Isaac Bronson in San Francisco after the crisis.
Jackson was hostile to the Barings particularly because they were fond of the 2nd US bank. When the bank was prevented recharter federally it was rechartered in PA operating for itself with foreign investors.
Under Jackson, however, the Rothschilds, did, from 1927-1936 acquire many US banks; in Albany, Mississippi, Louisiana, etc. Interestingly, I remember reading that Jackson made merchant's bank of Baltimore a US agent, that is, merely that it acted, supposedly, in the interest of the US. But Rothschild acquired this bank! When, I do not know.
Wilkins, further states that Rothschild began buying and selling American state government securities during Jackson's presidency! January 1st 185, R and I Phillips acting as agent for the French and British Rothschilds, arranged for London N. M. Rothschild to be the financial agent of the US federal government; REPLACING BARING!
So, by the fall of 1835 the Rothschilds were selling US government securities abroad.
Also, keep in mind, because interest payments were so high, states defaulted on their foreign debt and stopped paying interest in the early 1840's.
The Mississippi governor states:
...the Rothschilds will not make serfs of our children.
The European banks hoped that the Federal government would enforce states and its people to act as collateral to pay back the debt and interest on that debt. After all, Washington and Hamilton dis just this!
Rumors of war with Britain were spoken. Congress did nothing and told Britain that their loans are theirs.
American credit by 1841, in disrepute, was turned down by even Baring and so did the Rothschilds turn down issues of the federal government.
Baron James De Rothschild states:
...that you have seen the man who is head of finances of Europe, and he has told you that they (US Treasury) cannot borrow a dollar, NOT A DOLLAR!
Also, recall that the Rothschilds offered to bailout the Bank of the United States, in exchange, had taken as collateral state securities.
To the wealthy aristocrats of Europe, the US, with no distinction of England, was seen as a one nation of swindlers.
American's abroad faced mortification and were shunned.
Still, if Wilkins is right, the Rothschilds were appointed to run finance of the US government in 1935 during Jackson's presidency. He was fervently against Baring, so he was working, knowingly or not, as agent for Rothschild. My question, if not Jackson, who appointed the Rothschilds?
Secondly, the crisis caused by Jackson pushing for the independent treasury concept, allegedly, would have hurt Rothschild and other international bankers. After Jackson's presidency, there was heated disdain by many banking houses against the US.
Reverend Sydney Smith, a usurer himself, having bought Pennsylvania securities, angry that he lost all capital, exclaims that state governors seize with loud acclimations the money bags of Jones Loyd, Baring and Rothschild, but, and he was right, that they do not give back a pittance to the "widow and the bread of a child.
Thus, flow of foreign investment in the mid 1940's into the US virtually evaporated!
The Panic of 1837 caused Seligman and Co., and R and I Phillios to go under.
Wilkins does say that Jackson deposited the closed down 2nd bank of the US monies into Manhattan bank. It's largest shareholder was Marquis of Carmathen.
Mention of Jackson and Leeds in same place:
Also, Lord Rothschild, did not like Theodore Rosevelt. Calling his policies socialism and that his liaisons in the Us were unable to tell much for Federal government was less open to foreign investment from London Rothschild. Lord Rothschild was afraid of socialist policies.
[American railways] instead of being overcapitalized are undercapitalized.
Seligman was great friends with Lincoln. Lincoln was against the radical republicans, and was likely assassinated by them, for his stance against of completely reconstructing the South. Lincoln, was, however an agent, to many bankers.
Rothschilds were for the South, so it would appear Jackson was working for their interests, even if he sis not know it.
Lincoln, of Jewish ancestry, praised Seligman and a few other cryptos in his famous address. The Seligman made a lot of money off supplying money for the Union cause.
In 1862, Seligman, Chase and Lincoln sold 125,000,000 government bonds abroad for the Union cause.