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Wednesday, June 26, 2013

WHAT ON EARTH WERE THEY THINKING?

By they I mean America.

In Treason in America : Part 3 by Anton Chaitkin, Chaitkin provides a brief history of the barbarity of the British East India Company in India, and a brief pro-slavery history of Thomas Carlyle, who wrote what appears to be a poor history of the French Revolution at the request of John Stuart Mill.

But Chaitkin then links Carlyle to the Barings.
Carlyle's way in these later years was made considerably easier by the patronage of the Baring family. The second Lord Ashburton, head of the family in the mid 1800s, hosted Carlyle and his wife in royal fashion at the Baring castle; Lord and Lady Ashburton became the most intimate confidantes of Thomas Carlyle. Lord Ashburton was the grandson of Francis Baring, who had been Chairman of the East India Company and founder of the Baring bank. The Barings, from Francis on, financed all the company's trade, and that of the Boston merchants who cooperated with the British in Asia.

Now, forgive me for being confused, but what the f*^k were the USA thinking making Barings their agents in London? The sequence seems to be
1. Cazenove
2. Baring
3. Rothschild
4. Baring (again)

Why did Nicholas Biddle and John Quincy Adams not cancel this agreement with Barings? Jackson did! But he transferred the account to the Rothschilds! But it was later transferred back to Barings.

COME ON!!!

I have to say that Treason in America is a fascinating book, but I cannot understand why, if Barings were so evil and pro-British and at the financial nerve centre of British intrigue against the United States, they had so much very important business with the United States Government.

And why several times Barings could have let the United States go under but didn't, instead extending significant lines of credit to keep the USA afloat, AND AT ONE TIME TO EVEN KEEP A WAR WITH THE BRITISH GOING (1812)?



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