Knox Notes
At the request of J.P. Morgan, Philander Knox, from about 1899 to 1902, “arranged the merger of the railroad, oil, coal, iron and steel interests of Carnegie, J.P. Morgan, Rockefeller, and other robber barons into the largest conglomerate in history - U.S. Steel.” A component of this corporation was the Consolidated Iron Mines which Rockefeller had “fraudulently swindled from the Merritt family.” [1]
After a visit from J.P. Morgan and a letter from Andrew Carnegie, William McKinley appointed, against strong opposition, Philander Knox as his Attorney General, a position that would require him to prosecute anti-trust law violations against the clients he had recently assisted. The well-compensated Knox did nothing to halt these predators! After McKinley’s assassination, Knox continued under Theodore Roosevelt where he allegedly went after “Northern Securities, a railroad holding company formed by Morgan as a show of strength for the benefit of Hill, Harriman, Rockefeller, and their bankers, Kuhn, Loeb & Company.” [2]
“Harriman's great fortune had been acquired through a series of fraudulent maneuvers, key of which was legislation signed by Roosevelt, at that time governor of New York.” Knox promoted increased regulation of business and created federal statutes that benefited his rich associates with greater control over interstate commerce while eliminating competition. The appointed administrators of the governmental boards and commissions were agents of the conglomerates. This was all plotted by Morgan and cohorts in an 1889 meeting. [3]
Knox filled a vacant U.S. Senator seat in 1904 at the request of big business just in time for the Morgan-controlled financial panic of 1907 which instigated a congressional inquiry and led to the formation of a national bank – the Federal Reserve. Knox resigned his senate seat in 1909 to become Taft’s Secretary of State. Knox compiled the lists used by Taft to appoint his cabinet members and three Supreme Court Justices that favored big corporations. Knox helped organize the international court at The Hague and promoted the Rockefeller/Morgan-inspired concept of a League of Nations. He instituted the “Dollar Diplomacy” foreign policy agenda which promotes and protects “American commercial and industrial interests in foreign countries, especially in Latin America, but also in East Asia and even Europe.” [4]
As Secretary of State, Knox brokered high-interest bank loans with countries in Central and South America – all guaranteed by the U.S. government, while providing a risk-free investment opportunity for Knox's bankster friends who would soon be collecting interest on Federal Reserve fiat money lent to the U.S. government paid for by a steady stream of income tax collected from the U.S. taxpayers by the bankster’s agent – the IRS. It was the beginning of a vicious cycle with only one winner – the banksters. [5] Knox hastily alleged, in 1913, that a majority of the states had ratified the 16th amendment – the bankster’s fraudulent objective. He resigned a month later and returned to private practice. Apparently, he had spent sufficient energy and time in government service.