Study of the Hegemony of Parasitism - michaeljgoodnight.com

placed in a mental ward at the National Institute of
Health, where he 'fell' out of the window. Lovett then
replaced him as Secretary of Defense.
Brown Bros. backed the B & O steamship line in 1887,
and went into joint venture with J & W Seligman Co. on a
number of South American loans. In 1915, Brown Bros.
combined with J.P. Morgan to float a series of Latin
American loans, which in many instances were followed
by revolutions in the respective countries. In the Nation,
June 7, 1922, Oswald Garrison Villard noted: "The
Republic of Brown Bros with J & W Seligman had
reduced Haiti, Santo Domingo, and Nicaragua to the
status of colonies with ruinous loans. Most of the loans
were repaid in 1924."
In 1931, W. Averell Harriman, son of E.H. Harriman,
merged his banking house, W.A. Harriman & Co. with
Brown Bros. to form the present firm of Brown Bros.
Harriman. In 1933, Brown Bros. Harriman backed the
expansion of CBS [Columbia Broadcasting System], in
which they have maintained a large position. The Brown
Bros. firm occupied offices on the corner of Wall Street
and Hanover which had been occupied by J.L. & J.S.
Joseph Co., the [former] American representatives of the
Rothschilds. Josephs went broke in the Panic of 1837,
having been cut loose by the Rothschilds, who were now
operating through August Belmont and George Peabody
& Co..