yea it was lameough a repetition of Jackson's fight with the Bank of the United States—only on a far bigger and broader basis."
The Sinking of the Lusitania
The next step in the maneuvering of the United States into the war came when the Cunard Lines, owner of the ocean liner, the Lusitania, turned the ship over to the First Lord of the Admiralty, Winston Churchill. It now became a ship of the English Navy and was under the control of the English government.
The ship was sent to New York City where it was loaded with six million rounds of ammunition, owned by J.P. Morgan & Co., to be sold to England and France to aid in their war against Germany.
It was known that the very wealthy were interested in involving the American government in that war, and Secretary of State William Jennings Bryan was one who made note of this. "As Secretary [Bryan] had anticipated, the large banking interests were deeply interested in the World War because of wide opportunities for large profits. On August 3, 1914, even before the actual clash of arms, the French firm of Rothschild Freres cabled to Morgan and Company in New York suggesting the flotation of a loan of $100,000,000, a substantial part of which was to be left in the United States, to pay for French purchases of American goods."
England broke the German war code on December 14, 1914, so that "By the end of January, 1915, [British Intelligence was] able to advise the Admiralty of the departure of each U-boat as it left for patrol...."
This meant that the First Lord of the Admiralty, Winston Churchill, knew where every U-boat was in the vicinity of the English Channel that separated England and France.
The ocean liner was set to sail to England already at war with Germany. The German government had placed advertisements in the New York newspapers warning the American people considering whether or not to sail with the ship to England that they would be sailing into a war zone, and that the liner could be sunk....