Call Me Stormy

Finding righteous currents in turbulent times

Sinking of the Titanic

What if the Titanic was sunk to start the Federal Reserve? When the Titanic sank in the frozen northern waters of the Atlantic Ocean on April 15, 1912, the passengers on board included three of the richest men in America, all of whom had been outspoken against the creation of the Federal Reserve. They included John Jacob Astor IV, reportedly the richest man in America at the time; Isidor Straus, co-owner of Macy’s Department Store, and Benjamin Guggenheim, a powerful mining magnate.

Two others who were scheduled to be on the Titanic but cancelled at the last minute: Milton Hershey (of the Hershey fortune), and- wait for it- J.P. Morgan, new owner of the White Star Line, which built the Titanic, and not coincidentally, drafted the Federal Reserve Act at Jekyll Island. The act got passed into legislation the following year. Not insignificantly, Astor was also a close friend of Nikola Tesla, whose plan in creating electricity had been for it to be free to everyone.

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