The United States presidential election of 1912 was the 32nd quadrennial presidential election, held on Tuesday, November 5, 1912. Democratic Governor Woodrow Wilson of New Jersey unseated incumbent Republican President William Howard Taft and defeated former President Theodore Roosevelt, who ran as the Progressive Party (“Bull Moose”) nominee. Roosevelt remains the only third party presidential candidate in U.S. history to finish better than third in the popular or electoral vote.1
The 1912 election presented an incredible opportunity for the Network. Although William Howard Taft had served the conspirators well (by openly entertaining the idea of relinquishing US sovereignty and supporting the Network’s long-sought funding mechanism, the income tax), he’d failed to support the one measure that was more important than all others. He refused to support Nelson Aldrich’s plan to hand the nation’s money supply over to the Network through the creation of a central bank. Since the central bank was necessary to truly dominate the United States, Taft’s rejection of the Aldrich plan constituted a major transgression. But there was a remedy, and that remedy’s name was Woodrow Wilson.
Wilson had done more than “openly entertain the idea of relinquishing national sovereignty,” he’d developed a near-fanatical obsession with the idea. There would be no problem getting him to passionately evangelize the New World Order on behalf of the Network.
It would also be no problem getting Wilson to sign the Network’s income-tax scam into law. (The income tax was “sold” as a way to punish the rich and enrich the poor. In reality, the tax simply extracts money from US citizens and dumps it directly into the Network’s projects and pockets.)
Last but certainly not least, control of the nation’s money supply would be far easier to secure with Wilson in the White House. For one reason, Wilson admitted that he really didn’t understand central banking, and this was very convenient. The Network could provide all the “right” advisors, steering the creation of the so-called Federal Reserve System from start to finish.
Another reason the central bank would be easier to secure under Wilson is because the entire issue had been successfully framed in partisan terms. That is, a previous central-bank plan had been put forward by a Republican senator named Nelson Aldrich. Since everyone knew that Aldrich was a Network-connected insider, the legislation was shot down by Democrats when it bore his name. (For this, the Democrats were largely seen as having protected the “little guy” from another big-business Republican scheme.)
With the people convinced that the Democrats had protected them, any alternative central-bank plan put forward under a Democratic administration would rouse far less suspicion. The Network could simply drop the name “Aldrich,” wrap the legislation in some progressive rhetoric, and sell the exact same thing with Wilson and his Democratic administration acting as trusted pitchmen. (Like the income tax, the central bank would be presented as a way to “protect the people” from the rich and powerful. In truth, it accomplished the exact opposite.)
Here is what Carroll Quigley said the Network intended to create with its central banking power:
…a world system of financial control in private hands able to dominate the political system of each country…The apex of the system was to be…a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank…sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
As a quick reminder, this isn’t a case of Quigley guessing at the Network’s intentions. He speaks with the authority of a man who, in his own words, knows “of the operations of this network” because he “studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records.”
So, when comparing the Republican candidate, Taft, to the Democratic candidate, Wilson, there was no question who the Network wanted more. The decision was made, Mandell House paid Wilson a visit, and the process of grooming Wilson for the presidency began.
In November 1911, Wilson met Colonel Edward Mandell House, one of the first kingmakers in modern American politics. “Almost from the first,” the Colonel later recalled, “our minds vibrated in unison.” Wilson concurred: “Mr. House is my second personality…His thoughts and mine are one.”
James Perloff describes a follow-up meeting at the Democratic Party headquarters in New York:
Wilson received an “indoctrination course” from the leaders convened there, during which he agreed, in principle, to do the following if elected: