The Council on Foregin Relations was founded on July 29, 1921 in New York City by Col. Edward Mandell House, chief adviser to President Woodrow Wilson. The founders included many of those who had been at the signing of the Treaty of Versailles after World War I, including Colonel Edward House and Walter Lippmann. Finances for the CFR came from the same players that set up the Federal Reserve System in America: J.P. Morgan; John D. Rockefeller; Bernard Baruch; Paul … Continue reading →