168

many illicit transactions in cotton and drugs for the Confederacy, 

purveyors of information for the North. The Lehmans, with Mayer in 

Montgomery, the first capital of the Confederacy, Henry in New 

Orleans, and Emanuel in New York were ideally situated to take 

advantage of every opportunity for profit which appeared. They seem 

to have missed few chances."80

__________________________

80 Arthur D. Howden Smith, Men Who Rule America, Bobbs Merrill, N.Y. 

1935, p. 112

101

 

102

CHART V 

The David Rockefeller chart shows the link between the Federal 

Reserve Bank of New York, Standard Oil of Indiana, General Motors, 

and Allied Chemical Corporation (Eugene Meyer family) and 

Equitable Life (J.P. Morgan).

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Other appointments during the First World War were as follows:

J.W. McIntosh, director of the Armour meat-packing trust, who was 

made chief of Subsistence for the United States Army in 1918. He later 

became Comptroller of the Currency during Coolidge’s 

Administration, and ex-officio member of the Federal Reserve Board.