The Law to Control Banks
Was Written by Banks.
Learn why this affects your money today in this exclusive GoldSilver article.
A GoldSilver Research Guide
The Jekyll Island meeting wasn't kept secret by accident. Public distrust of bankers was at an all-time high. If the American people had known who was really designing their new banking system, it would never have passed.
Three years later it became the Federal Reserve Act — sold as a law to control Wall Street, written by Wall Street.
This article follows what they built, why it still works the way it does, and what it means for your money today.
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The Men Who Designed the System
The Jekyll Island meeting wasn't a gathering of random bankers.
It brought together representatives of the most powerful financial institutions in America — Wall Street, major banks, and the political establishment.
Together they designed the framework that would eventually become the Federal Reserve.
SenateNelson Aldrich
A U.S. Senator and political architect of banking reform who pushed for a centralized banking system.
BankingPaul Warburg
A German-born banker who introduced European central banking concepts to the United States.
J.P. MorganHenry P. Davison
Senior partner at J.P. Morgan & Co., representing Wall Street's influence in the discussions.
National CityFrank Vanderlip
President of National City Bank and a key advocate for coordinated national banking policy.
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Jekyll Island explains who built the Fed. Episode 4 shows you how it runs.
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