Chapter Summaries

A Guide to the Introduction, Chapters and Appendices

Introduction

Establishment or imperial economics claims that progress simply occurs when societies are ready for it. By this logic, imperial rulers can keep society from advancing beyond their power to control it, with the excuse that conditions are not right, or not yet right, for the people in question to have a decent life. They demand that the wealthy must decide how to invest society’s resources, and society must never interfere with their decisions.

Left out of such logic is the element of intent by humane and talented leaders to cause sweeping progress. Imperial economics says such intent, even if it were conceded to exist, could not be effective in causing positive economic change.

This book shows that only such intent has caused human progress in the past several centuries. This story of fundamental economic advances of the modern era confronts and dispels many deep misconceptions and outright lies.

Section 1 – 1750s to 1790s

Chapter 1 – The Franklin Circle Starts Modern England

The first phase of industrialization, in late 18th Century England, was led by British friends and collaborators of Benjamin Franklin, the American political strategist and scientist. There were no “capitalists investing strictly for profit” in this initiative, which resulted in the steam engine, Britain’s canals, the modern steel industry, precision machinery, and the discovery of fundamental bio-chemical secrets of nature.

The men who made these breakthroughs paid good wages and sided with the American rebels (supplying crucial artillery). But under the British imperial system, these innovations were later used for low-wage factories and mines.

Chapter 2 – The New British Empire and Ireland

Industrialization gave new strength to Britain, and its imperial rulers determined that other nations should be prevented from acquiring the newfound powers over nature. Lord Shelburne led London’s most predatory elements, the financier-looters of India, Africa and Ireland, in a virtual coup d’etat for a new regime and a new British Intelligence system – the forerunner of today’s Anglo-American establishment.

Promoting “free trade,” the new British Empire would seek to prevent foreign industrialization and sabotage the consolidation of sovereign nation-states. We are introduced to shocking riots staged for political purposes, whose real authors can “plausibly deny” responsibility.

The Shelburne-steered British regime was immediately pitted against Irish rebels who demanded the right to build up government-protected industry. Though Ireland was at length crushed, this fight resonated with nationalists overseas.

Chapter 3 – America and France: Fateful Strategy Decisions

After decades of imperial suppression of American industry, Franklin, Washington and their close associates formed a nationalist core, sustaining the American Revolution and establishing strategies for a strong nation-state. James Madison was initially allied to them.

But Thomas Jefferson began to betray the ideals he had advocated in the Declaration of Independence. Having sullied his reputation in a disastrous term as Virginia’s governor, he took to defending “Southern interests”—which coincided with British imperial interests — as a route to restoring his political fortunes. In France, Jefferson affiliated himself with Shelburne’s liberal British imperial leaders who had mocked the Declaration and its ideals; they imposed a free trade treaty that demolished the French economy, leading to chaos and insurrection.

Chapter 4 – The Founding Program of the American Republic

The American nationalists, seeking to build up transport and industrialize the new country, wrote a Constitution that could serve that purpose. The supposed “free-trade” basis of America’s founding is thoroughly debunked in this chapter.

We are introduced to Genevan oligarch Albert Gallatin (later the Treasury Secretary for Presidents Jefferson and Madison), here attempting to incite American opposition to adoption of the Constitution.

Chapter 5 – Shelburne and Jefferson in France

A detailed account of the British hand in turning the French Revolution to anarchy and mass bloodshed. British intelligence operations, led by Shelburne and his lieutenant Jeremy Bentham, employed French agents and a set of operatives from Geneva, Switzerland. Among those revealed here as British pawns were the most historically prominent leaders of the insurrection and the Terror.

The instigating British role was widely known and was denounced in detail in a history written by a Franklin collaborator. Jefferson at the time denied the British intrigue, but denounced it in his old age.

Just as Shelburne’s crew were setting themselves in place to blow up France, Jefferson himself went into a conference over many months with the leading British expositor of anti-nationalist economic strategy, a man sent to him by Lord Shelburne, to prepare Jefferson to fight against the founding American economic development program.

Chapter 6 – The New Economic System

This chapter presents the sequence of events in the showdown between Alexander Hamilton and Thomas Jefferson, which had enormous consequences for all subsequent history.

We see:

  • Hamilton’s plan for national progress which was in fact eventually implemented to industrialize the USA and other great nations;
  • Precisely when and where Jefferson recruited Madison as an opponent of the nation’s sovereignty;
  • How Benjamin Franklin’s intervened in the debate, as the last great political act of his life;
  • Albert Gallatin and Aaron Burr’s deep affiliation with the enemy imperial apparatus that was blowing up France;
  • How the system of two rotten political parties emerged, aborting, for a time, the plan for America’s industrial development.

Section 2 – 1800s to 1850s

Chapter 7 – Reviving the Founding Mission

We are introduced to six individuals, in politics and the military, who were the principal strategists for industrializing the United States. Each of them had a powerful, personal connection back to the American Revolution. They saw America’s founding mission of orderly progress as mankind’s universal legacy, in opposition to the British imperial system which enforced poverty and backwardness.

Chapter 8 – Fighting for Sovereignty: The War and its Aftermath

Responding to British naval assaults and British-sponsored Indian attacks, the revived nationalist movement stood up for national sovereignty. After the U.S. fought Britain to a standoff in the defensive War of 1812, the old American political party system collapsed.

The new national leaders pushed for infrastructure development and protectionism, in increasingly sharp clashes with London’s empire and its allies, the plantation owners and the New York financiers. The U.S. Military Academy at West Point was transformed into powerful center for the coming industrialization efforts.

Chapter 9 – Liftoff

The cooperating nationalists attained national power in 1824-1825 to solve fundamental problems that had kept the USA backward and weak. Their initiatives would inspire future American and foreign leaders who would abolish feudal relations, and lift much of mankind out of poverty.

Congress authorized the Army’s role in civilian development, and protective tariffs to start up modern industry.

Philadelphia was organized as the strategy planning center for economic progress at home and abroad.

Federal and state joint efforts completed the national canal network out to the Mississippi River. The U.S. military played a central role in the creation of America’s first railroads.

This national infrastructure initiative intentionally and directly created the main cities of the American Midwest, raising the world’s greatest industrial center out of a wilderness.

The President taught Americans that their sovereign nation had the right to attain great power and prosperity through government action, while interference against other sovereign nations’ governments would prove fatal to American interests and liberties.

Chapter 10 – The Philadelphia Base for Universal Progress

A unique complex of public and private institutions dedicated to national advancement arose in Philadelphia in the 1820s and succeeding decades.

The president of the national bank built up a particular railroad as an enormous productive device, transporting a newly-developed fuel to the new industrial centers.

Idealists and activists founded Philadelphia-based companies that supplied locomotives to rapidly advance U.S. and world civilization.

One Philadelphia company moved to Russia, making locomotives for that country’s first railroad. The project was supervised by an American Army Engineer who was world famous at the time.

A member of Philadelphia’s nationalist leadership organized the unification of his native country, Germany, while pioneering Germany’s first railway.

Pennsylvania developers achieved a vital breakthrough in iron production with a new fuel resource. When Congress then passed the 1842 protective tariff, U.S. iron output rose to a level 40 times that of 1820.

The City of Philadelphia and progressive community leaders created the world’s largest railway, designed by an Army Engineer. Its owners sponsored the work of an economist who advised President Lincoln and the industrializers of Germany and Japan.

Benjamin Franklin’s great-grandson, a Philadelphia research leader, coordinated the development of electrical science and telegraphy with American and German associates. Members of the Pennsylvania strategic technology complex would later guide Thomas Edison to create electric lights and public electric power for mankind.

Appendices

Shelburne, Baring, and Imperial Intelligence

Lord Shelburne’s relationship with Francis Baring, chief founder of Baring Brothers bank, exemplifies essential realities of the imperial oligarchy and the associated intelligence and covert-action services.

The Richmond Junto

A brief historical analysis of the Virginia clique of plantation overlords at the heart of opposition to economic progress and national unity.

Albany Regency: Anti-National Sabotage, from Burr to Van Buren

The New York State political machine working against U.S. industrial advancement, organized by Aaron Burr and Martin Van Buren in coordination with London, Geneva and Southern interests.

Excerpts from the New York Patriot, 1823-1824

Selected intelligence reports from the New York daily newspaper representing patriotic, progressive U.S. military, political and literary leadership.

The Washington Irving Circle and the West Point Foundry

A set of the close friends of American writer Washington Irving aided the creation of the West Point Foundry, and its employment as a center for nationalist strategy-makers.

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