J. P. Morgan

Wall Street, Banks, and American Foreign Policy

Tags: Cronyism and Corporatism, U.S. History, War and Foreign Policy

09/03/2026 Murray N. Rothbard

After 1873 the House of Morgan became the leading investment firm in the country and, through Cleveland’s Democratic administrations, a decisive voice in foreign policy. Rothbard follows the Morgan and Rothschild men through the State, War, and Navy departments and into the gunboat diplomacy stretching from Nicaragua and Santo Domingo to the road to war with Spain.

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