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Study of the Hegemony of Parasitism - michaeljgoodnight.com

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Houston, and its fifty-seven subsidiary Texas banks.<br />

Chairman <strong>of</strong> First City is James Anderson Elkins Jr., who<br />

is a director <strong>of</strong> Hill Samuel Co. <strong>of</strong> London, one <strong>of</strong> <strong>the</strong><br />

seventeen merchant banks chartered by <strong>the</strong> Bank <strong>of</strong><br />

England.<br />

His fa<strong>the</strong>r [J.A. Elkins Sr.] was chairman <strong>of</strong> First City,<br />

and founded <strong>the</strong> Texas law firm <strong>of</strong> Vinson and Elkins, <strong>the</strong><br />

primary law firm <strong>of</strong> First City Bank. This firm dominated<br />

national politics through its most well known partner,<br />

John B. Connally, who achieved a reputation as<br />

"kingmaker" in Texas politics. He began as<br />

administrative assistant to Congressman Lyndon B.<br />

Johnson in 1949, <strong>the</strong>n became attorney for <strong>the</strong> oil<br />

millionaire Sid Richardson, and Perry Bass, 1952-61,<br />

Secretary <strong>of</strong> <strong>the</strong> Navy 1961, Governor <strong>of</strong> Texas 1963-69;<br />

Secretary <strong>of</strong> <strong>the</strong> Treasury 1971-72. He was wounded in<br />

<strong>the</strong> Kennedy assassination in Dallas. He is now trustee<br />

<strong>of</strong> <strong>the</strong> Andrew Mellon Foundation, serves on <strong>the</strong><br />

President's Foreign Intelligence Advisory Board, and <strong>the</strong><br />

Advisory Committee on Reforming <strong>the</strong> International<br />

Monetary System. He advised Nixon on devaluing <strong>the</strong><br />

dollar and going <strong>of</strong>f <strong>the</strong> gold standard in 1971. He is now<br />

director <strong>of</strong> Superior Oil, and Falconbridge Nickel Mines<br />

Ltd.<br />

James Anderson Elkins is also director <strong>of</strong> Freeport<br />

Minerals, whose directors include some <strong>of</strong> <strong>the</strong> leading<br />

names in American business. Chmn <strong>of</strong> Freeport is<br />

Benno H. Schmidt, managing director <strong>of</strong> J.H. Whitney<br />

Co.. Schmidt, who married into <strong>the</strong> wealthy Fleischmann

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