-Caveat Lector-

FILM -- "WILD, WILD EAST" -- PLANNED
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(CNNS, 02/21/99) -- Many films  have  been made showing a sort of
history of the U.S. between about 1865 through 1900.  In  fact  a
whole video category exists: the "Western" genre.

There  is,  unfortunately,  no similar genre for the eastern U.S.
circa 1865 through 1900.

The "Western" gives a  sort  of  U.S. history, 1865-1900, for the
area west of the Mississippi.  Not much  happened,  according  to
these  mythological history films.  It all boiled down to who was
fastest  on  the  draw.   As  the  "Western"  genre  of  film has
"developed" over the years, the astounding gunfighting  expertise
of  certain  mysterious  strangers  has  been  fetishized  beyond
belief.

A blueprint for an "Eastern" genre of film is intuited in a short
book by Murray  N.  Rothbard,  "Wall  Street, Banks, and American
Foreign Policy" (Center for Libertarian Studies, 1995).  Here  is
a sketch for a movie, based on some of the material in Rothbard's
book; the movie could be titled

                      The Wild, Wild East

In Philadelphia, around  1870,  lives  Jay  Cooke.  Instead of at
saloons, he hangs out at banks.  Out  west,  desperados  rob  the
banks.  But in the wild, wild east, the banks rob the desperate.

But into Philadelphia one day rides a mysterious stranger.  He is
a  more  cunning  banker  than even Jay Cooke.  We learn that the
mysterious stranger  had  begun  his  rise  by  selling defective
rifles to the Union army during the  Civil  War.  The  mysterious
stranger is "quick on the draw" in financial matters; through the
lightning-fast  cunning  of  his  monetary  mind,  the mysterious
stranger helps bankrupt Jay Cooke in the Panic of 1874.

The   mysterious   stranger   gathers   a   gang   of   financial
sharp-shooters around him.   He  infiltrates  members of his gang
into the administration of U.S. president Grover Cleveland.   But
the  mysterious  stranger has a rival economic wheeler dealer who
also wants  control  over  the  Cleveland administration:  August
Belmont, who is the "fast draw"  man  for  the  European  banking
house of the Rothschilds.

The  denouement  is  reached  after  extremely  complex financial
shoot-outs have occurred, shoot-outs  which,  unlike in the West,
occur where few can witness them,  at  "High  Midnight."   It  is
learned  that the name of the mysterious stranger is J.P. Morgan.
By the 1890s, several rival gangs  are on the scene, all of which
have gained tremendous control over the U.S. government.   A  new
young gunhand, John D. Rockefeller, has launched his own gang.

In  the final scene, we see that the situation is unsettled.  The
rival money-gangs are transforming into an eerie parallel of Cosa
Nostra-type "families":  they  have  periodic  truces, where they
stick to their own "territories," but from time to time there are
"wars" between them.

--
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