In 1872, a Payseur company, the Charleston, Cincinnati and Chicago Railroad, established a telegraph company called Western Union. It formed a subsidiary called AT and T in 1875 and today it is one of America’s biggest telephone and communication companies.
The Charleston, Cincinnati and Chicago Railroad company is the parent company for the Federal Reserve, the privately owned ‘central bank’ of the United States. The Payseur empire became heavily involved in banking. Their Bank of Lancaster became the North Carolina Bank and then Nationsbank. The biggest bank in Texas, Interfirst, of which George Bush is a director, merged in 1987 with Republic Bank to form First Republic. This was later absorbed by Nationsbank which then merged with the Bank of America.
These two launder CIA drug money and that’s appropriate because the forerunner to the CIA, the OSS or Office of Strategic Services, was created from the Payseurs’ own security network which was formed by the Selma, Rome and Dalton Railroad to protect the Military Railroad System.