Study of the Hegemony of Parasitism - michaeljgoodnight.com

currency. The National City Bank had now become a
"bank of issue", a function formerly reserved to central
banks.
On June 8, 1933, James H. Perkins, chairman of
National City Bank, announced the National City Co.,
would change its name to City Co. of New York. On Nov.
21, 1933, the National City Bank listed 31 affiliates
including City Bank Farmers Trust, City Co. of New York,
City Co. of Massachusetts, 44 Wall St. Co. and Cuban
Sugar Plantations Inc.
On March 3, 1934, the New York Times announced that
National City Bank would sell the National Bank of Haiti,
a wholly owned subsidiary on April 29, 1934. The Times
also noted that National City Bank had organized United
Aircraft Feb. 2, 1934, and that its subsidiary, City Bank
Farmers Trust had celebrated its 112th anniversary on
Feb. 28, 1929.
On June 27, 1934, the City Co. of New York was
designated German bond scrip agent in the U.S. On May
22, 1933, City Co. of N.Y. announced its merger with
Brown Bros. Harriman, with Joseph Ripley as chairman
of the board. The company went through several name
changes as Brown Harriman Co., Harriman Ripley, and
is now Brown Bros. Harriman once more.
On March 4, 1934, Gen. Billy Mitchell, addressing the
Foreign Policy Association, stated that National City
Bank and its affiliates control aviation in this country.