A Little Background On The Rockefellers,
Funding Source For Abduction Research,
And Pocantico, New York — Plus a few notes.
We turn to Ferdinand Lundberg and his blockbuster 1937 book America’s Sixty Families, page 423:
In surveying the residential seats of the Rockefeller family it is also difficult to know to which family one should assign each mansion and estate, as the Rockefellers are intermarried, as we have seen, with the Stillmans (CitiCorp), Carnegies (U.S. Steel), McCormicks (Chicago Tribune), Aldriches (old Colonial Connecticut family), Davisons (J.P. Morgan partner), Dodges (Phelps-Dodge Mines), and others. We will, however, concentr ate on the two main Rockefeller lines of descent, observing first, however, that the publicity men, geniuses of a sort, have admirably suggested that this imperial family lives rather ascetically; seldom are descriptions of the Rockefeller residential interiors permitted to leak out, so that one must reconstruct them mentally from fragmentary suggestions just as a paleontologist reconstructs the framework of a dinosaur from a few scraps of bone.
There is, first, the great family duchy of thirty-five hundred acres at Pocantico Hills, near Tarrytown, New York. (Now much enlarged and extended, VG) On this estate stand five separate family mansions, for as each child marries a house is constructed for separate occupancy. Like the Standard Oil Company, the estate has been assembled with guile and force against the will of neighbors. In Cleveland the Rockefellers had a town house on Euclid Avenue and a regal estate at Forest Hill, now turned into an expensive real-estate development; but in the 1890s the family moved to Pocantico Hills. This estate at the turn of the century comprised only about sixteen-hundred acres, which have since been added to by purchase and by persuasion. The first brush the elder Rockefeller had with the local authorities, who are now the family’s most loyal servitors, was occasioned by his desire to have Tarrytown construct a road around the Croton reservoir, the property of New York City. This road would connect his home with that of his brother William, on the other side of the reservoir. Rockefeller proceeded in violation of the law to have the road built, even using hired roughnecks to drive local officials from the area.
In 1929, Rockefeller, Jr., paid the town of Eastview $700,000 for the priviledge of ousting forty-six families so that the main line of the Putnam division of the New York Central Railroad might run along what was Eastview’s main street instead of through the gradually swelling Pocantico Estate.
The assessed evaluation of the Rockefeller demesne in 1928 was $5,588,050, calling for a tax of $137,000. According to the New York Times (May 24, 1937) the elder Rockefeller’s fifty-room mansion at Pocantico, surrounded by fully nurtured gardens, alone cost $2,000,000 to build and $500,000 per year to maintain, while the estate requires the services of three hundred and fifty employees and thirty teams of horses the year round, making a monthly payroll of $18,000.
From the New York Herald Tribune, also May 24, 1937: From the village of East View the estate extends northward three miles over soft, pleasant countryside to the boundaries of Ossining, where it joins the estate of the elder James Stillman, former president of the National City Bank (CitiCorp today, VG). At the southern tip of Pocantico on a high knoll stands the massive Georgian house of Mr. Rockefeller. It lies in the center of the estate’s only enclosure area, 350 acres surrounded by a high fence with two gates.
Thirty watchmen, twenty in the winter when the families are living in town, patrol the enclosure in eight hour shifts to keep out unwelcome visitors.
There is also the William Rockefeller line of more than one hundred persons. More then fifty of his great-grandchildren will be millionaires by 1950. In all it can be estimated that the existing Rockefeller establishments, including the thirty-two thousand acre Adirondak estate of William, have a total valuation of $50,000,000 to $75,000,000.”
And this was in 1937!!! Multiply that by at least fifteen today, and that doesn’t count the pure additions made since then!
Now, beginning on page 375 of the same book is Lundberg’s analysis of who controls the agenda at a few of America’s better colleges and univeristies, sites of Internet nodes today:
1) Harvard: J.P. Morgan management; Standard Oil largest donor.
2) Yale: Morgan-Rockefeller; Standard Oil largest donor.
3) Columbia: National City Bank management (William Rockefeller)
4) Chicago: Rockefeller management, Standard Oil largest donor.
5) M.I.T.: Du Pont management, George Eastman largest donor.
6) Standord: Southern Pacific management, Leland Stanford donor.
7) Duke: Duke (Sun Oil) family management and donation.
8) Cornell: Rockefeller management.
9) Princeton: National City Bank management (Wm. Rockefeller).
10) Johns Hopkins: Morgan influence on Board of Trustees.
11) Northwestern: Deering Family, McCormick largest donors.
12) Cal Tech: Crocker, (Union Pacific) Hearst, Bank of America.
13) Penn: J.P. Morgan management, Drexel, Morgan donors.
14) Carnegie Inst.: Mellon & Carnegie (Steel, Aluminum) donors.
All of these schools are adjuncts, or departments, of the big corporations and banks, and are most or less openly operated as such.
This is evidenced in many ways, but mainly (a) by the identities of the trustees, most of whom are men engaged in pecuriary pursuits as deputies of the great fortunes or in person the ruling heads of the great forturnes; (b) by the composition of the investment portfolios of the institutions themselves; (c) by the curricular emphasis upon studies of direct pecuniary value to the wealthiest estates, studies embracing, in the main, the physical sciences and problems of business administration as well as the professional pursuits; and (d) by the
recurrent offical pronouncements of the presidents of the institutions on behalf of the political, economic and social status quo.
Of the trustees of the top 27 institutions of higher learning in 1937 (659 people), 254 are bankers, 141 are merchants, 111 are utility operators, 63 are railroad executives, 153 are professional men, 22 are judges, 7 are miscellaneous. These top 27 schools possess about one-half of the total endowment of all scholls and colleges in the United States.
Among the trustees of Harvard are: Henry Sturgis Morgan, son of J.P. Morgan; George Whitney, Morgan partner; Charles Francis- Adams, Boston banker and father-in-law of Henry Sturgis Morgan; Walter S. Gifford, president of AT&T (Morgan); George R. Agassiz (copper magnate); Gaspar G. Bacon, son of a Morgan partner.”
On the one hundred percent reactionary board of M.I.T. are Gerald Swope, president of General Electric (Morgan); W. Cameron Forbes, director of AT&T (Morgan); Pierre S. Du Pont; Lammont Du Pont; Albert Wiggin, former chairman of Chase Bank (Rockefeller); Alfred Sloan, president of General Motors (Du Pont) and director of E.I. Du Pont de Nemours and Company (Du Pont).
Similiar personalities dominate all the private university and college boards, and select the academic presidents who dragoon the faculties and give utterance as well to reactionary pronouncements under the ostensible sanction of science and learning, enlightenment and progress. Without readily perceptible exception, the university presidents are the drudges of the money lords that lurk behind the boards of trustees.
One of the prime purposes of university endowments is to avoid taxes. Another is to mass stock voting power through interlocked boards of university trustees and boards of corporation directors. This goes along with the rise of universities as great financial institutions, due to the appearance of income, estate, and gift-tax laws. The wealthy, in making “gifts” to education have attained triple value for
their money, since their gifts have enabled them to get control of a large pool of money most of which has actually been given by others.
Meerly to be able to designate depositary banks and investment vehicles is very profitable, even though the directors of a fund do not actually own it. To be able to purchase materials from companies of one’s own choice is also very profitable.”
Now, how many of my readers know that the Internet backbone was sold to “private” concerns (AT&T, Morgan) a few months ago? So, if any of you were looking for any long-range change in our society due to the “information superhighway,” well, better think again.
P.S. For the true M.I.T. spirit we turn to the great physicist Karl T. Compton (Compton Effect), president of M.I.T. in the 1930s, and this comment on one of the many effects of the Great Depression, then raging in the land: The attention and money devoted to relief (welfare today, VG) and regulation (government, VG) interferes with simultaneous adequate attention and support of the basic contribution which our sciences can make.”
And you thought something had actually changed since 1937!!
From: firstname.lastname@example.org (Germannvh)
Subject: Eine Kleine Background: Rockefellers, etc.
Date: 17 Jul 1995 14:32:57 -0400
Organization: America Online, Inc. (1-800-827-6364)