American Stories: FIRE!

She died a recluse in 1895, ostracized and shunned by society. She withdrew from social interaction and refused to talk about the events of that period. She denied her cow caused the fire until her death. Over a century later, Mrs. Catherine O’Leary and her cow were officially exonerated by the Chicago City Council in 1997.

Huh?! What are you blabbering about again, TB? Well, just taking another little side trip down on the criminal globalist cabal’s propaganda train that goes back to 1871.

The War of Northern Aggression had ended and the victorius cabal had begun converting their industrial, business, medical, etc. holdings into a peacetime economy in a country that was growing rapidly in the west as well as with trade overseas. It was a time of great scientific invention and application advancement. City leaders had big plans.

The Great Chicago Fire

Urban legend of that day grew as the print media spread the gossip flames during the days that followed The Great Chicago Fire (TGCF). The voices of these influencers planted their seeds in the minds of the local population. They said the cause was a cow in the O’Leary barn that kicked over a lantern. Apparently Elsie the cow did the dirty deed that started all of the devastation and death.

Currently on –

On October 8, 1871, flames spark in the Chicago barn of Patrick and Catherine O’Leary, igniting a two-day blaze that kills between 200 and 300 people, destroys 17,450 buildings, leaves 100,000 homeless and causes an estimated $200 million (in 1871 dollars; roughly $4 billion in 2021 dollars) in damages.

Legend has it that a cow kicked over a lantern in the O’Leary barn and started the fire, but other theories hold that humans or even a comet may have been responsible for the event that left four square miles of the Windy City, including its business district, in ruins. Dry weather and an abundance of wooden buildings, streets and sidewalks made Chicago vulnerable to fire. The city averaged two fires per day in 1870; there were 20 fires throughout Chicago the week before the Great Fire of 1871.

Despite the fire’s devastation, much of Chicago’s physical infrastructure, including its water, sewage and transportation systems, remained intact. Reconstruction efforts began quickly and spurred great economic development and population growth, as architects laid the foundation for a modern city featuring the world’s first skyscrapers. At the time of the fire, Chicago’s population was approximately 324,000; within nine years, there were 500,000 Chicagoans. By 1893, the city was a major economic and transportation hub with an estimated population of 1.5 million. That same year, Chicago was chosen to host the World’s Columbian Exposition, a major tourist attraction visited by 27.5 million people, or approximately half the U.S. population at the time.

In 1997, the Chicago City Council exonerated Mrs. O’Leary and her cow. She turned into a recluse after the fire, and died in 1895.”

In my opinion, none of the many stories and news accounts available on line as well as in history publications and other commentaries are more revealing than these below from The Saturday Evening Post article of Oct. 8, 2021, The New Yorker article that was published on Oct. 2, 2023 and a Chicago Tribune article published on Oct. 1, 2021. They will take you back over 150 years only to discover that the media, gossipers (influencers), corrupt politicians and government officials were in the same spearhead then as they are now.

I hope folks in this nation of ours are at least beginning to see that the representations of historical accounts are often manipulated; changed to influence and reframe narratives to help meet the objectives of the criminal globalist cabal that are in leadership of numerous nations of the world. You and I are great big nothings to them; only allowed to exist to accomplish their wills as needed. We are considered to be replaceable and definitely, deplorable. This condition is also nothing new in mankind’s existence.

Notice in these and most other reports of TGCF that it is now acceptable to consider other possible causes of the great fire since objectives were met and there will be no legal consequences from the shenanigans. Nothing to see here, time to move on – right?

The transplanted former natives of Ireland, Patrick and Catherine O’Leary, the owners of the barn and said cow; were never officially recognized as the source of the fire or charged with negligence despite investigations by the authorities. It appears that their existence nearby was just a convenient explanation to shield what really happened, which has still not been determined or revealed. This needed to be done since many of the accusers had an agenda against Irish immigrants who had been growing rapidly in population in Chicago, especially in the densely populated subject area as well as in nearby neighborhoods impacted most by the fire. In addition, the cabal had business expansion plans for the fire ravaged properties.

How convenient that the city’s infrastructure amazingly remained fully intact after the fire. 👀

Here we are once again with former Irish slaves, indentured servants and the poor being forced to leave their native land to make their way into an expanding America; only for them and their descendants to get the shaft. Most lost everything and their proofs of insurance burned as well. The local and federal governments never raced to their aid. Unless they had access to other funds to rebuild, they had to walk away.

When one studies the actual fire event and the circumstances surrounding it, the stench of nefarious intent waffles through the air. Perhaps the fire truly was an accident that raced out of control quickly. That does not change what happened post fire that sets off all sorts of alarms. Just answering who stood to lose the most and who stood to gain the most answers many questions. However, stopping there would not reveal how the criminal cabal operates.

Numerous internet sources continue to reference article after article of the O’Leary’s cow as the cause of the fire even when they list other potential causes. My grandson’s homeschooling curriculum, Time4learning, had a 2024 lesson about TGCF and its origination point being the O’Leary barn and cow as its sole explanation. They are still selling the false narrative to unsuspecting young people and their parents. I guess teaching children that speculation, gossip and innuendo are facts is called “education” in today’s world.

The Rebuild Per The Left

What happened to Chicago post fire beginning in 1871? Let’s look at one leftist version.

Why of course, it is “The Great Rebuilding” of Chicago!

Notice that National Geographic states, “While there is little doubt…” Elsie and the lantern started the fire. Then the writer adds a Fast Fact at the end and throws in the possiblity of a thief kicking over the lantern with a reference to some scientists believe a meteor shower started it as possibilities to keep their attorneys happy. If an accident really did cause it, the more likely scenario was the musician neighbor or other local thief stole some of the O’Leary’s milk for themselves and kicked over the lantern. The point is they did not know then or now, who or even how it started. They have no evidence. Nobody even knows with certainty whether it ignited in the immediate vicinity of the barn, much less who started it. Yet, the poor working class O’Leary family was charged in the court of public opinion and over a century later the probable misrepresentation continues.

Cast dispersions much, NG? Why yes, that is their malicious intention revealed openly for all to see.

Lets explore deeper and open the Credits section of the article. You will see it was updated in 10/23. The writer is a Mary Schons, who clearly had access to the Saturday Evening Post and Chicago Tribune articles (among others) linked above before her update. Who is Ms. Schons? A writer who cannot easily be identified that focuses on the women’s suffrage movement, African American rights and movements, etc. This appears to be her; a retired school psychologist in the Denver area.

So we turn our attention to a listed editor for the article, Jeannie Evers. I was unable to provide the link of her linkedin page, however, the University of Denver is in both backgrounds of Schons and Evers – which is a reflection of their possible connection. Evers has been an editor for NG since Soetoro’s term began in 2009. So, what is the 230 student Santa Catalina (CA) independent Catholic prep school for girls for whom Ms. Evers currently works as Asst. Director of Marketing and Communications? It is this place.

They proudly display their college referrals across the banner of the home page. Needless to say no conservative schools are shown. Their mission is right in front of you the reader and all of America. Here is Ms. Evers staff bio.

There is another leftist connection featured in this NG article of Schons. The Unitarian Church rears its head in the quoted text. Notice that no traditional Christian or Jewish denominations or independent churches, temple or synagogue leaders are quoted.

Unitarian Faith
“We have not lost, first, our geography. Nature called the lakes, the forests, the prairies together in convention long before we were born, and they decided that on this spot a great city would be built.”
The Rev. Robert Collyer, speaking to his congregation after the Chicago Fire of 1871 destroyed their church

😂 at the Reverend’s description of his god’s (nature) actions. That group has never changed after all these years. The truth was not in them, then or now.

The NG article has been saved by 56 educators, who obviously use it when teaching Social Studies, American History, etc. See how that works? Now multiply this type narrative building of false history in multiple academic disciplines times tens of millions of student interactions in every aspect of education across America every day for decades.

Do not dismiss this one seemingly insignificant historical misrepresentation as unimportant. You, your children, your children’s children, and so on have been and are being taught lies as truth. Not just with this subject, this has been done IN EVERYTHING. If you have not already, it is time for you to think things through and take action.

This is an example of our American house being built on sand that the Bible speaks about in Matthew 7:24-27.

24 “Everyone then who hears these words of mine and does them will be like a wise man who built his house on the rock. 25 And the rain fell, and the floods came, and the winds blew and beat on that house, but it did not fall, because it had been founded on the rock. 26 And everyone who hears these words of mine and does not do them will be like a foolish man who built his house on the sand. 27 And the rain fell, and the floods came, and the winds blew and beat against that house, and it fell, and great was the fall of it.”

Which leads to His authority in John 14:6.

Jesus said to him, “I am the way, and the truth, and the life; no one comes to the Father except through Me.

As a result if you are a Christian, you cannot accept lies in education (or anything else). Acceptance of lies as truth and speculation as fact undermines the foundation of America and does not reflect your acceptance of Jesus as your Savior. Lies, misrepresentations and disinformation are shifting sand. Build your foundation on the truth, the rock of Jesus Christ. Your role is to shed light on their schemes. Bring the truth as Jesus did. Our American foundation will then stand against Satan and his minions.

That is a primary purpose of this series, to expose some of the lies, misrepresentations, manipulations, and deception employed in America.


The NG narrative scoundrels cannot refrain from describing the oppressors using the TGCF tragedy as an opportunity to meet their true goals.

Many poorer Chicagoans couldn’t afford the fireproof materials or skilled masons to rebuild. In addition, many could not afford fire insurance. (Before the fire, many people had insurance, but their policies were burned in the fire.) Without the means to rebuild or insure their property, thousands of people and small businesses were crowded out of Chicago.

We could stop with that statement from the NG article and know the primary reason for what happened post fire in 1871. The cabal was simply capitalizing on the conditions of misery they helped create for their fellow man.

As a general truth that applies with all events of this type: the losses, devastation, injuries and death created against one group of people is really good business for others. Which leads to the motives for the fire. I am sure it was just coincidences that the source of water (the public Waterworks utility) for fire responders was quickly burned; for the undermanned responders to be given wrong directions and get lost on their way to the fire (conveniently left out of the referenced article, yet, is in others); for the location of the fire to be essentially isolated to a poor area of the city filled with reviled immigrants; that the more effluent residential areas were not impacted; that the biggest area economic driver – the large stockyards and packing plants on the same south side suffered no damage at all; and so on. See the map in the linked article below.

Sickening, isn’t it? Next, consider how quickly the rebuild began. The architects and engineers had not even finished their planning and design work on infrastructure, government buildings, and revamped codes before major reconstruction began. This was done only for it all to be completely ‘built back better’ leading to a business and population explosion in that former working class resident area that culminated in the city hosting the World’s Fair two decades later.

Where have I heard that expression before? Oh, yeah, from the following…

Now think about Lahaina, Maui.

It is a very familiar refrain that echos from the words of the same political elites and globalist cabal over many, many years.

The rewriters of history such as these with NG are employed to create propaganda and false narratives akin to sweeping the footprints from behind the paths of villains as they leave the scenes of the crimes. They are accessories after the fact using journalistic license as cover. The subject footprints may be removed, however, the trail is still there through common sense, logic, research and observations of the mistakes they make in the cover-ups. Those seeking truth can follow the trails of the more known or self identifying clean-up crews to find where they have been active.

First, the actions of the cleaning crews means somebody instructed these removers of the footprints to do so. They did not just come up with it on their own as lone wolfs; the actions are coordinated similar to the mockingbird press activities. Second, that also means the criminals had reasons to have them removed, that they needed certain things to be kept secret. Finally, it demonstrates they are not doing good as God has commanded; they are serving their master, Satan. Which tells us, We the People, how to react.

The following article gives more detail on reconstruction post fire, but still polishes the apple.

In relation to what happened over time in the general vicinity, the following is a current list of large businesses with a major presence.

Who knows if Chicago would have still accomplished its size and prominence had there been no fires to force the poor local residents and businesses out in great numbers. Perhaps those who desired to locate there would have paid market value to the property owners to sell and leave over time. Oh, who do I think i am fooling with that?! 🤣

Second Fire

But wait, there’s MOAR! There was a second, smaller, less publicized; yet, devastating and deadly fire in Chicago a few years later in 1874. The new post-1871 buildings with more fire proof materials did not burn, however, about 800 older ones were burned up adjacent to the 1871 fire zone. Dang, that’s just some bad luck, right? Well actually, it was good luck for those who swooped in and purchased property on the cheap and rebuilt the area to meet their needs. The first playbook was used again since it worked so well. The following article is well worth the read.

So, let’s think this through. The poor neighborhoods that had the largest groups of Jews, predominantly from Russia and Poland, to go with a large number of African American homes and businesses were destroyed in this fire. Add in the benefit of destroying Chicago’s notorious red light district in the process. The theme of stopping the latter activities as being a good thing was then sold by the media and influencers to the unsuspecting public. Post-fire the Jews, African Americans and prostitutes relocated to other areas farther from the city’s center for the most part.

Supposedly the fire started in a Polish Jew’s rag shop located next door to an oil company of sorts, yet, it was established the owner/operator of the rag shop was away from his business when it happened that late afternoon. It was also well known for many years that the water lines in the affected area were too small (4″), insufficient in distribution network, and clogged throughout that part of town due to improper design, modification and lack of maintenance.


Can you spell A R S O N?

Guess what area was next for reconstruction in the ‘build back better’ with construction crews and services already stationed in the area performing work from the previous fire? Guess what fire accelerated the city’s infrastructure improvements and enforcement of same in the affected area post fire?

Are we awake yet? The conditions on the ground determine the plan and implementation schedule. Take the long view, the criminal cabal does. Sometimes they get lucky and a true accident or unfortunate event happens of which they are positioned to take advantage quickly. Most times it is an intentional act that creates the calamity and the mechanism for cover up has already been activated.

The criminal cabal know there is always plenty of time to organize and implement what has already been planned decades in advance. They do not press the button every time there is an opening. They wait until the time is right for maximum effectiveness.

No person(s) were charged in either Chicago fire. Yet, entire segments of the population lost most everything they owned and were displaced by ethnicity, race and economic status. Many people were killed and injured in these events.

The criminal cabal did not care, they got what they wanted.

There Is A More Important Fire

I Corinthians 3:10-17

According to the grace of God which was given to me, like a wise master builder I laid a foundation, and another is building on it. But each person must be careful how he builds on it. For no one can lay a foundation other than the one which is laid, which is Jesus Christ. Now if anyone builds on the foundation with gold, silver, precious stones, wood, hay, or straw, each one’s work will become evident; for the day will show it because it is to be revealed with fire, and the fire itself will test the quality of each one’s work. If anyone’s work which he has built on it remains, he will receive a reward. If anyone’s work is burned up, he will suffer loss; but he himself will be saved, yet only so as through fire.

Do you not know that you are a temple of God and that the Spirit of God dwells in you? If anyone destroys the temple of God, God will destroy that person; for the temple of God is holy, and that is what you are.

Before you get to the end result in the second paragraph above make sure you consider all of the ramifications of the first. Paul wants us to consider that we should carefully first build a foundation of faith that is built on Christ, which is then applied to our works in life. You will be contributing to the Kingdom of God and providing a platform for others who follow behind you both in spiritual matters and the secular world. How you go about your works in the world and the degree you reflect God’s will in doing so will be tested.

According to Paul, true believers in Christ who errantly build for worldly things without regard to God’s will shall still be saved from an eternity spent in Hell, but barely. Their rewards in Heaven may be quite limited at the judgment seat of Christ.

The pursuit of those worldly things may actually lead to them violating the persons described in the second paragraph. Followers of Christ have the temple of God within them through the Spirit’s dwelling. So harming others is a direct attack against God. I advise against doing that even as the lost about you are doing that very thing.

The Bottom Line

Fire. Used for purification, used for destruction. Used for good, used for evil. Most importantly for Americans, the use of fire is connected to enslavement as well as liberty.

If Mrs. O’Leary, reportedly an Irish Catholic, was a believer in Jesus Christ; all is well as she is with Him in Heaven for eternity. All of the pain she suffered in this cruel world has been replaced with incredible joy. She defended herself and her husband’s honor until her passing from death into eternal life.

But can we say the same about those who committed the subject evil acts that gained them worldly wealth, fame and power for a time? We can hope they saw the error of their pursuits and ways, then repented and accepted Christ before their deaths. If not, eternal destruction awaits the non-believer as well as discipline for the believer who participated in the evil per the quoted scripture above in I Corinthians.


We will continue the discussion of fire events in America for a time in this series. It continues to be one of the cabal’s most visible and effective weapons that has far reaching psychological as well as economic and environmental effects. It is not unreasonable to conclude that the more recent clowns’ use of MKUltra as well as promoting mental illness through gender dysphoria, AI, jabs, transhumanism, etc. will continue to deliver useful victims to assist with the evil activities on behalf of the criminal globalist cabal.

Blessings to all who care to spend time and read these American stories. May something of value be gained.

5 1 vote
Article Rating
Notify of
Newest Most Voted
Inline Feedbacks
View all comments

Barb Meier

Fascinating read, TradeBait!! Thank you so much.

Valerie Curren



And now to question all history I’ve learned, great read!

Barb Meier

TradeBait, I’m bringing you this American Thinker piece titled “Who they think we are” with a memory that one among us at least calls the site “American Stinker”. LOL I still check the headlines there and also sometimes read Clarice Feldman’s posts on Sundays. by Dawn Merrill.

I appreciate your stories examining who propagandizes us and why. You are showing how to research to find the truth and how to achieve eternal life through Jesus. Your goals are so valuable.

The comments to the article linked above are also interesting. Others are discussing the propagandized ones and our interactions with them. Tucker Carlson seems to be leading the charge by interviewing various people and in so doing, highlights the truth from people about themselves rather than relying on third person stories from “journalists.”

There are comments at the AT piece from some people who I think would appreciate your stories too, but I don’t share QTree links directly except on my Celebrate Freedom site. Somehow that seems safe because just the name of the site is not of interest to leftists and hackers would gain nothing by compromising the site.

This is not the change Obama planned for all of us and that’s a good thing. 😊

Barb Meier

Last night, Mike LaChance at GWP brought this piece on Lahaina which I suspect TB may cover in his own way later in this series.

Almost a Year After Disastrous Fire, Residents of Lahaina in Hawaii Are Still Fighting for Chance to Rebuild (VIDEO)

The fire that destroyed Lahaina on the island of Maui in the state of Hawaii was almost a year ago and yet residents of the community are still struggling to rebuild.

While Biden and congress rush to pass more spending for Ukraine on a regular basis, American citizens in Hawaii are still dealing with this. When was the last time you heard anyone in government even talk about Lahaina?

The Twitter/X post below reads:

UPDATE On The Lahaina Maui Fire Victims

NEW: “Aloha from Lahaina, Maui. June 22nd update. As you can see, you still can’t get into Lahaina. Access is still restricted. Nobody’s rebuilding yet still 10 months into the fires”

“To get a building permit, you have to go to the county. They now have a review board. You have to fill out this this paperwork. It’s just endless, and it takes forever. It’s a building permit process review board. Just everything’s just being slowed down and dragging on, and you wonder why. 

And, um, so the army of engineers have said they cleaned out 1200 lots, residential lots of debris, ashes, toxic.

Brave and Free

Great history lesson, it’s amazing how different the world looks once your eyes have been opened to the evil within it.
Thank you TB.
PS, I posted this without seeing your response below first. Yes our eyes are wide open now.

Last edited 28 days ago by Brave and Free
Valerie Curren



TB in many ways, delivers, The Rest Of The Story. Good Day!

Insightful. Enlightening. Thought provoking….

Enjoy them all.


I don’t think I can be any more disappointed and angry about the false narratives we’ve been fed. It has sickened me ever since the light bulb went on about our Uniparty that pretends to be two parties.

OTOH it is vital that we continue to expose the truth about every falsehood we experience or uncover … our country will not survive without the awakening.

You do a great job of contributing, and terrific research, Tradebait. Thank you!

Barb Meier

TradeBait, I pay a smidgeon more to be able to write longer articles on X. I don’t advertise or promote anything but have 1,152 followers in general. I linked to this post, attributed the story to you, and also shared the full article with pictures and links.

I will watch and see if more people see your article there. I have no idea how X algorithms work, but my analytics have gone up just from the few short articles I’ve written that were just personal musing. Nothing so cool as the series you write.

X did let me post the full article all in one chunk and that is a big deal for their platform. I’ll let you know in case you’d like to post your articles there using your own byline. I can always delete my post of your stories or keep adding them, as you wish.

Last edited 28 days ago by Barb Meier
Valerie Curren

hopefully this will allow your above tweet to show

& this is the article link within the above tweet in twitter format, hope it shows.

hmm that isn’t going to show so I’ll have to let this comment repost before attempting an edit…

Interesting but it says that this format isn’t supported, for me, on twitter

Last edited 28 days ago by Valerie Curren
Valerie Curren

Your article tweet looks nice Barb, viewing it in a separate tab & not signed into twitter as I’m still banned there.


Thank you for your efforts. Amazing that history wasn’t just written by the victors, but by the evil as well. Wondering what parts of past events can hold up to any scrutiny.

Valerie Curren

Someone shared a link the other day to Tucker Carlson interviewing Neil Oliver. NO made some startling claims about the Spanish Flu “Pandemic” that really made it sound like many, maybe even most, of the deaths were actually attributable to aspirin overdose, as that was a new drug being pushed & dosages hadn’t been worked out & “people were taking aspirin by the handfuls”. Many of the deceased were described to have died “foaming at the mouth”. It really made it sound like pHarma had a hand in all that back then too. Just how deep does the rabbit hole go???

Valerie Curren

Oh my goodness TradeBait, that is heartbreaking for your family, but without that specific tragedy You & your offspring would not be here.

My mom’s birth parents were teens when she was conceived & born. Her birthmom’s surviving sister, the only one of that generation we met on that side of the family, indicated that if abortion had been an option back then they may have pressed for her little sister to have one. Mom’s birthmother apparently really wanted to keep her baby but her family wouldn’t allow it (she was 15 when Mom was born). I don’t know if she would have gone along with abortion, had it been available, or not. She claimed the birthfather was the “love of her life”.

It’s a strange feeling to interface with people whose viewpoints, had they been carried out, would have meant that you & your relatives would be “erased from existence”…hmmm

God’s ways are So Much Higher than our ways & He knows how to bring great good out of evil, difficult, painful, & even incomprehensible situations–PTL!

Valerie Curren

That is so heartwarming. What a blessing that your wife survived those difficult odds. My son Josiah was 2# 6oz at birth & was about a month and a half premature (his twin, normal size for gestational age, was 5# 4oz). Your wife had Way more to overcome then for presumably being significantly more premature than my twins.

For some reason this loosely reminds me of that scriptural passage where someone disabled is brought before Jesus & He is questioned as to who sinned the man or his parents that he was born so. The answer is amazing, that he was made thus so that God would be glorified! Mind-blowing tapestry of life in the True Artist’s hands!

Happy go lucky

Oh TB, I was getting angrier and angrier as I read….then:

There Is A More Important Fire

Thank you, thank you. You make things so clear.


Shocking possibilities, TB. Thank you for presenting this.

Wolf Moon | Threat to Demonocracy

Excellent! The progressive “build back better” scam, laid open for all to see. Thank you!

Valerie Curren

& in operation for At Least 150 years!  😡 


Absolutely great writeup TradeBait.

I actually pray that one day the Lord will cleanse this beautiful earth of the evil that influences mankind to do these cruel murderous acts out of insatiable greed. It’s like a continuous loop of malevolent people doing these things for centuries.

I know the wokish term genetic pain gets laughed at sometimes but my grandmother born in 1896 ( i think) was still deeply effected by the destruction of the South during the Civil War…and she wasn’t even born. It was via the family history and lore that was such a part of their lives post war. It took years for my ancestors to restore their lives .

Gail Combs

“…On October 8, 1871, flames spark in the Chicago…”

To add a bit more background to this article.

New York State Canals…

We’re the nation’s largest state-run inland waterway system—operating since 1825 and including the Erie, Champlain, Oswego & Cayuga-Seneca canals… LINK

WIKI — Erie Canal

The Erie Canal is a historic canal in upstate New York that runs east–west between the Hudson River and Lake Erie. Completed in 1825, the canal was the first navigable waterway connecting the Atlantic Ocean to the Great Lakes, vastly reducing the costs of transporting people and goods across the Appalachians. In effect, the canal accelerated the settlement of the Great Lakes region, the westward expansion of the United States, and the economic ascendancy of New York State. It has been called “The Nation’s First Superhighway.”



Lincoln Financed the War by Taking On the British-Backed New York Banks
by Rochelle Ascher
[PDF version of this article]

The following article first appeared in the national newspaper The New Federalist in 1992.

When Lincoln entered office in March of 1861, civil war was only weeks away. Five southern states had seceded after the announcement of his victory, the rest followed in rapid succession…

The United States was bankrupt. President Jackson’s dismantling of the Bank of the United States (National Bank), followed by President Polk’s Independent Treasury Act of 1846, and the free trade treason of Presidents Pierce and Buchanan, had destroyed the U.S. economy.

Lincoln had to wage war on two fronts—one against the free traders of New York and New England, and the other against their surrogates: the Confederate Army. And both “fronts” were run out of London!

Congress was out of session following Lincoln’s inauguration, so Secretary of the Treasury Salmon P. Chase turned to the Associated Banks of New York, headed by James Gallatin for an immediate loan to the Treasury of $150 million in specie (gold coin).

Chase arranged to have the banks buy government bonds in three sets of $50 million each at intervals of six days. The specie would return to the banks after it was paid out by the Treasury Department as salaries, materials purchases, etc. The Associated Banks would also have the right to market several million dollars worth of government refinancing bonds known as “7:30 bonds.”

The bottom line: the Associated Banks intended to sell the U.S. debt overseas to the Rothschild and Baring banking houses.

U.S. historians say the reason for the Associated Banks’ abrogation of their agreement with Chase and suspension of specie payments to the government on Dec. 28, 1861 was the Trent Affair. As Allen Salisbury outlines[1], the real reason was that Henry Carey and his Vespers Circle were engaged in furious letter-writing, negotiating, and lobbying efforts with the Congress and President Lincoln to have the policies of Alexander Hamilton adopted instead. The New York bankers were determined to stop this Lincoln plan.

The Heart of the Matter

The fundamental turning point in U.S. history concerning restoration of the American System and defeating the British plan to balkanize and forever destroy the United States through its support of the Confederacy, centered on the issues of how to finance the government, and the civil war that was facing Lincoln in December 1861. Lincoln’s policy was outlined in his Dec. 3 “Annual Address to Congress.”

The significance of Lincoln’s Dec. 3, 1861 speech to Congress cannot be overestimated—as the British were well aware. Lincoln had the opportunity as President to sign into law the economic policy he had worked for through the better part of his political life….