WHAT THE DEVIL WERE BARINGS DOING?

In Treason in America, Anton Chaitkin writes

Russell Sturgis married T H Perkins' sister, Elizabeth, and joined the firm. His grandson by the same name moved to England and became the Chairman of the Baring Bank, the bank of the same Lord Shelburne who had organized the massive subversion of the United States, the bank which was the bank of the British East India Company.

Barings was officially appointed London agents of the United States Government in 1803, and during the 1812 war were still the London agents of the United States Government and could have destroyed the United States by denying credit but didn't. This behaviour was repeated later under Biddle as I showed earlier this week in a post that attracted the largest daily traffic to this blog since it began.

Baring's reputation in North America came to exceed his father's. Following the appointment of Baring Brothers in 1803 as London financial agents for the United States administration, numerous government commissions were received. During Britain's war with the United States from 1812 to 1814, Barings maintained the American government's credit in London, treading a careful course between loyalty to the British crown and service to a valued client. In the peace negotiations Baring, acting unofficially, brought together Castlereagh and the American negotiator, Albert Gallatin. Gallatin's son was convinced that Baring ‘had done more than any other man in England to hasten the peace and had rendered very important financial assistance even when the war was going on’ (H. Adams, The Life of James Gallatin, 1943, 522).

[source : Alexander Baring, http://www.oxforddnb.com/templates/article.jsp?articleid=1380&back=, accessed 22nd June 2013]

Alexander married the granddaughter of Thomas Willing, a very wealthy and influential merchant in Philadelphia, who appointed Barings as his bankers in Europe in 1774, who opposed independence but became the first President of the Bank of North America and the first President of the Bank of the United States.

Chaitkin in Treason in America shows that Gallatin was a traitor who tried to destroy the American military before the 1812 war.

And to add to this 1812 war debacle, Gallatin was forced to find $16 million to continue the war. He found $6 million and the remaining $10 million came from Stephen Girard, David Parish (with Girard money) and...JOHN JACOB ASTOR, the saviour of traitor Aaron Burr not just once but twice! In return for this I read that Girard, Parish and Astor wanted the establishment of the Second Bank of the United States, but at the moment cannot properly source this, and assisted the passage of the bank's charter. Girard had bought the First Bank of the United States when its charter expired in 1811. When BUS2 was created he was a major stockholder and bought $3 million of stock.

So how can Barings be at one time at the nerve centre of British intrigue against the USA while at the same time keeping the USA afloat by extending lines of huge credit, even when the USA had declared war on the British?!

Surely Barings were giving the British government and The British East India Company all information they had on the alleged enemy, the United States of America?