The individuals, listed below, owned banks, which in turn, owned shares in the FED. The banks, listed below, have significant control, over the New York FED District, which controls the other 11 FED districts. These banks, also, partly foreign-owned and control the New York FED District Bank.
First National Bank of New York
National City Bank, New York
National Bank of Commerce, New York
Hanover National Bank, New York
Chase National Bank, New York
Paul Warburg
Levi P. Morton
George F. Baker
Mrs. G. F. St. George
Katherine St. George
J. P. Morgan (Equitable Life/Mutual Life)
(Reference 4 for above, Reference 22 has details, P.92,93,96,179)
James Stillman
Mary W. Harnman
A. D. Jiullard
Jacob Schiff
Thomas F. Ryan
William Rockefeller
M. T. Pyne
Percy Pyne
J. W. Sterling
H. P. Davidson
Edith Brevour T. Baker
How did it happen? After previous attempts, to push the Federal Reserve Act, through Congress, a group of bankers, funded and staffed Woodrow Wllson's campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather of the Rockefellers, pushed the Federal Reserve Act, through Congress, just before Christmas, when much of Congress was on vacation (Reference 3,4,5). When elected, Wilson passed the FED. Later, Wilson remorsefully replied (referring to the FED), "I have unwittingly ruined my country (Reference 17, P.31).
Now, the banks, financially, back sympathetic candidates. Not surprisingly, most of these candidates are elected (Reference 1, P.208- 210, Reference 12, P. 235, Reference 14, P. 36). The bankers employ members of the Congress on weekends, (nickname T&T club), with lucrative salaries (Reference 1, P. 209). Additionally, the FED started buying up the media in the 1930's and, now, owns ,or significantly influences, most of it (Reference 3,10,11, Reference 1, P. 145).
President Lincoln, Jackson, and Kennedy tried to stop this family of bankers, by printing U.S. dollars without charging the taxpayers usury. (Reference 4). Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. The 1992, taxpayers paid the FED banking system, $286 Billion in usury, on debt the FED purchased, by printing money virtually cost free. (Reference 12, P. 265). Forty percent of our personal federal income taxes goes to pay this usury. The FED's books are not open to the public. Congress has yet to audit it.
Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation, to repeal the Federal Reserve Banking Act of 1913. Congressman Henry Gonzalez, a Chairman of the House Banking Committee, introduced legislation to repeal the Federal Reserve Banking Act of 1913, nearly, every year. It's always defeated, the media remains silent, and the public never learns the truth. The same bankers, who own the FED control the media, and give huge political contributions to sympathetic members of Congress (Reference 12, P.155- 163). The FED fears the population will become aware of this swindle and demand change. We, the people, are at fault for being passive and allowing this deception to continue.