Teddy Roosevelt and the “Lone Nut”

Wall Street, Banks, and American Foreign Policy

Tags: Interventionism, Cronyism and Corporatism, U.S. History

09/03/2026 Murray N. Rothbard

McKinley’s assassination made a Morgan man president. Rothbard details the syndicate headed by J. P. Morgan and Company that bought the old French canal company’s shares before Roosevelt’s engineered Panamanian revolution doubled their price, and reads the antitrust assault on Standard Oil as a move in the Morgan–Rockefeller war.

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