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The History of Jekyll Island Reveals the History of the Federal Reserve System and the Global Bankers Who Use it to Rule the World.

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Jekyll Island, a small island off the coast of Georgia, has played a large role in the history of the U.S.

During the colonial era the island was used as a port for slave ships bringing slaves to America from the Caribbean. 

During the Civil War the island played a role as a strategic outpost and military installation.

Throughout its history the island was used for several different purposes from growing crops like cotton and indigo to just being a private residence.

But the biggest role that Jekyll Island played in the history of the US is as the place where the Federal Reserve central banking system was born.

The history of Jekyll Island is full of rich aristocrats who owned the island at one time or another but none were as wealthy as the global elite families that made it their winter retreat.

In the early 1900s a developer bought the island specifically for the purpose of turning it into a winter getaway for some of the most famous and elite families in the US like the Carnegie’s, the Vanderbilt’s and the Rockefeller’s.

Throughout most of the history of Jekyll Island it had been owned by one person but after it was purchased by the developer the island was turned into a private club.

Membership in the club was limited and the wealthiest families in the US all bought memberships and then proceeded to build huge mansions on the island.

These families would pay fortunes every year to maintain these colossal structures but they only lived in them for a few months out of the year.

Jekyll Island became the place where everyone wanted who was trying to climb the social ladder wanted to have a winter home so that they could be near the wealthy and powerful families who had enormous financial and political influence over U.S. policy and culture.

Today many of the homes of these wealthy families are still intact and are used as museums or as luxury hotels.

So if you’re interested in the history of Jekyll Island you can go and stay in one of the homes previously owned by some of the most powerful people in the world.

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Connection to the Fed

One of the reasons that Jekyll Island is well known is because it’s the birthplace of the central banking system of the United States.

In 1910 Nelson Aldrich was determined to create a new central banking system for the U.S. that would streamline the economic process, create a standard currency used by all states, and make other improvements that would all the U.S. to have a strong economic system.

He wanted that economic system to be bolstered by private business, so he wanted some of the extremely wealthy global elite businessmen to help him create it.

Aldrich was very well connected to the global elite so it wasn’t hard for him to get some of the most famous financial minds to come to the Jekyll Island Club for about a week, in complete secrecy, to help him outline a plan and draft a bill to create the Federal Reserve System.

The result of that secret meeting was the Federal Reserve System.

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End of Glory Days

Even though the history of Jekyll Island is one of mostly private ownership by the middle of the 20th century it was becoming too expensive for a private owner to keep up the island.

During WWII the owner who had developed it into the playground of the rich elite was broke, and the members had little interest in keeping their island paradise.

The island was allowed to sit empty while most of the structures were not kept up.

In the late 1940s the state of Georgia condemned the island and paid the remaining members about a half of a million dollars to take the property back.

For several years the island was made part of the Georgia state park system and was open to the public for free.

But maintaining an island isn’t cheap, and the island soon ate up too much of the Parks and Recreation budget.

The state decided that the island needed to pay for itself.

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Open for Business

In order to make the island a little more profitable for the first time in the history of Jekyll Island it became a tourist destination.

Some of the old turn of the century homes and the Jekyll Island Club were sold and restored as hotels and guest houses.

The state gave incentives to have businesses that catered to tourists come in.

Now guests can visit Jekyll Island all year round and enjoy the wildlife, hiking, boating, or get a glimpse of what life was like for the wealthy elite in the early 20th century.

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