Wall Street funded Nazis
In his book, Wall Street and the Rise of Hitler, Professor Antony Sutton, author of nineteen books, provides a thoroughly documented account of the role played by Morgan, Rockefeller, General Electric Company, Standard Oil, National City Bank, Chase and Manhattan banks, Kuhn, Loeb and Company, General Motors, Ford, and other industrialists, in helping to finance the Nazis. To prove his point, Professor Sutton provides bank statements, letters from U.S. ambassadors, mainstream media sources, Congressional Records, excerpts from Congressional Investigations, and statements from the Nuremberg trials. Wall Street’s funding of the Nazis is part of authentic history.
Professor Sutton wrote that “General Motors, Ford, General Electric, DuPont,” and other “U.S. companies intimately involved with the development of Nazi Germany were … controlled by the Wall Street elite,” such as “the J.P. Morgan firm, the Rockefeller Chase Bank and to a lesser extent the Warburg Manhattan bank.”
“The deal bringing Hitler into the government was cut at the home of banker Baron Kurt von Schroeder on January 4, 1933,” wrote author Marrs. Other notable figures that are said to have appeared at this meeting include Council on Foreign Relations members John Foster Dulles, and Allen Dulles, of the New York law firm Sullivan and Cromwell, which represented the Schroeder bank. Allen Dulles would eventually become a member the Bilderbergers and director of the CIA.
“Max Warburg,” stated Marrs, “a major German banker, and his brother Paul Warburg, who had been instrumental in establishing the Federal Reserve System in the United States, were directors of Interssen Gemeinschaft Farben or I.G. Farben, the giant German chemical firm that produced Zyklon B gas used in Nazi extermination camps.” On the left we see used canisters of the Zyklon B gas found by the allies after WWII. The gas was apparently produced with the full support of American industrialists.
“The financing for Adolph Hitler’s rise to power was handled through the Warburg-controlled Mendelsohn Bank of Amsterdam and later by the J. Henry Schroeder Bank with branches in Frankfurt, London and New York,” wrote Gary Allen. “Chief legal council to the J. Henry Schroeder Bank was the firm Sullivan and Cromwell whose senior partners included John Foster and Allen Dulles.”
Author James Perloff concurs, and reveals the role that the Council on Foreign Relations played in aiding the Nazis. He states, “In 1939, on the eve of blitzkrieg, the Rockefellers’ Standard Oil of New Jersey sold $20 million in aviation fuel to … I.G. Farben [and] even had an American subsidiary called American I.G.” Describing the CFR’s connection to the Nazis, he lists the directors of the American I.G. as “ubiquitous Paul Warburg (CFR founder), Henry A. Metz (CFR founder), and Charles E. Mitchell, who joined the CFR in 1923…”
Other U.S. companies which contributed heavily to the Nazi war machine include Brown Brothers Harriman (BBH) and Union Banking Corporation (UBC), both of New York. Prescott Bush (grandfather of President George W. Bush) was a partner at BBH and director of UBC. UBC of New York, which was founded and chaired by E. Roland Harriman, is now confirmed to have been a Nazi front company.
In a story called, Bush-Nazi Link Confirmed, on October 10, 2003, The New Hampshire Daily Gazette announced, “After 60 years of inattention and even denial by the U.S. media, newly-uncovered government documents in The National Archives and Library of Congress reveal that Prescott Bush … served as a business partner … for the financial architect of the Nazi war machine from 1926 until 1942.” A similar article appeared in the London Guardian on September 25, 2004, it was entitled, How Bush’s Grandfather Helped Hitler’s Rise to Power.
“Prescott Sheldon Bush … father of the [former] President George [H. W.] Bush … was a partner in the Wall Street firm of Brown Brothers Harriman for 40 years,” wrote Professor Marrs. “It was Brown Brothers Harriman that helped to finance … the 1917 communist revolution in Moscow and the rise of Hitler and Nazism, through money made possible by it and the affiliated Guaranty Trust Company.” Prince Bernhard of the Netherlands who served in an intelligence unit for the German branch of Farben was also a member of the Nazi SS. Bernhard eventually became a founding member of the Bilderbergers.
In his book, The Rockefeller File, Gary Allen wrote, “The alliance between Nazi Germany and the Rockefellers is truly shocking.” He explained, “Hitler’s Luftwaffe ran on Standard petrol, and the Rockefellers were partners in I.G. Farben Industries, whose thousands of war products included the poison gas used in Nazi death camps.” Professor Sutton added, “American I.G. Farben, General Electric, Standard Oil of New Jersey, Ford, and other U.S. firms” were “directly responsible for bringing the Nazis to power.” The Russian soldier on the right is standing on top of a death chamber, near the opening from which the gas was dropped.
“German bankers on the Farben Aufsichsrat (the supervisory Board of Directors) [of I.G. Farben] in the late 1920s included the Hamburg banker Max Warburg, whose brother Paul Warburg was a founder of the Federal Reserve System in the Unite States,” revealed Professor Sutton. “Not coincidentally, Paul Warburg was also on the board of American I.G., Farben’s wholly owned U.S. Subsidiary.” So what this means is that Paul Warburg aided the Nazis while working for I.G. Farben in the U.S., while his brother helped them while working for the same company in Germany.
“The two largest tank producers in Hitler’s Germany were Opel, a wholly owned subsidiary of General Motors (controlled by the J.P. Morgan firm), and the Ford A.G. subsidiary of the Ford Motor Company of Detroit,” wrote Professor Sutton. “In brief,” he affirmed, “American companies associated with the Morgan-Rockefeller international investment bankers … were intimately related to the growth of Nazi Industry.”
On March, 29, 2002, The Guardian ran an article entitled, IBM Dealt Directly with Holocaust Organisers. They wrote that, “Newly discovered documents from Hitler’s Germany prove that the computer company IBM directly supplied the Nazis with technology which was used to help transport millions of people to their deaths in the concentration camps at Auschwitz and Treblinka.” According to this mainstream publication, IBM supplied the Hollerith machines (pictured right) that determined when people would die, according to their weight, height, age, and other attributes.
Similarly, an article entitled, How IBM Helped Automate the Nazi Death Machine in Poland, appeared in The Village Voice on March 27, 2002, alleging that there was “a strategic business alliance between IBM and the Reich, beginning in the first days of the Hitler regime and continuing right through World War II.” It continued, “Recently discovered Nazi documents … make clear that IBM’s alliance with the Third Reich went far beyond its German subsidiary. A key factor in the Holocaust in Poland was IBM technology provided directly through … IBM New York, mainly to its headquarters at 590 Madison Avenue.”
Wall Street funded Communists
Professor Sutton stated, “Western textbooks on Soviet economic development omit any description of the economic and financial aid given to the 1917 Revolution and subsequent economic development by Western Firms and banks.” “In the Bolshevik Revolution we have some of the world’s richest and most powerful men financing a movement which claims its very existence is based on the concept of stripping of their wealth,” declared Allen. “[M]en like the Rothschilds, Rockefellers, Schiffs, Warburgs, Morgans, Harrimans, and Milners.”
Perloff agreed, “Jacob Schiff, the head of Kuhn, Loeb and Co., heavily bankrolled the [Communist] revolution. This was reported by White Russian General Arsine de Goulevitch in his book Czarism and the Revolution.” “According to his grandson John,” described Allen, “Jacob Schiff … long-time associate of the Rothschilds, financed the Communist Revolution in Russia to the tune of $20 million.” He continued, “According to a report on file with the State Department, his firm, Kuhn Loeb and Co. bankrolled the first five year plan for Stalin,” and added, “Schiff’s descendents are active in the Council on Foreign Relations today.”
Referring to the emergence of a communist dictatorship which resulted from the Bolshevik Revolution in 1917, Professor Marrs wrote that they were funded by “Germany and America. … Their repugnant campaign to purify and cleanse Mother Russia and to seek world domination resulted in … [millions of] human beings wiped out and brutally purged…” He attested, “Brown Brothers Harriman” helped finance it with “money made possible by it and the affiliated Guaranty Trust Company.” Professor Sutton agreed, writing “W. Averell Harriman was a director of Guaranty Trust Company” and “was involved in the Bolshevik Revolution.”
On February 3, 1949, the New York Journal-American stated, “Today it is estimated even by Jacob’s grandson, John Schiff, a prominent member of New York Society, that the old man sank about $20,000,000 for the final triumph of Bolshevism in Russia. Other New York banking firms also contributed.”
Referring to a June 15, 1933, Congressional Record, Allen wrote “Congressman Louis McFadden, chairman of the House Banking Committee, maintained in a speech to his fellow Congressman: “The Soviet government has been given United States Treasure funds by the Federal Reserve Board and the Federal Reserve Banks acting through the Chase Bank and the Guaranty Trust Company and other banks in New York City. … Open up the books of Amtorg, the trading organization of the Soviet government in New York, and of Gostorg, the general office of the Soviet Trade Organization, and of the State Bank of the Union of Soviet Socialist Republics and you will be staggered to see how much American money has been taken from the United States’ Treasury for the benefit of Russia.”
“Now our textbooks tell us that the Nazis and Soviets were bitter enemies and their systems are opposites,” observed Professor Sutton. But in the “1920s, W. Averell Harriman was a prime supporter of the Soviets with finance and diplomatic assistance … [and] participated in RUSKOMBANK,” which was “the first Soviet commercial bank. Furthermore, Max May, the Vice President of Guaranty Trust, which was dominated by Harriman and Morgan, became the first Vice-President of Ruskombank.” However, declared Professor Sutton, “Averell Harriman, his brother Roland Harriman, and … E.S. James and Knight Woolley, through the Union Bank … were prime financial backers of Hitler.” He asked, “How could a rational man support Soviets and Nazis at the same time?”
A curious dilemma arises when faced with the documented fact that Wall Street funded both Communists and Nazis. First, it would seem these two forms of government are at opposite ends of the political spectrum. And that capitalists would see them as a threat to their growth. Allen provides a possible answer, writing, “But obviously these men have no fear of international Communism. It is only logical to assume that if they financed it, and are willing–even eager–to cooperate with it, it must be because they control it. Can there be another explanation that makes sense?” He adds, “Remember that for over 100 years it has been a standard operating procedure of the Rockefellers and their allies to control both sides of every conflict.”
Before Winston Churchill became Prime Minister of Great Britain, he acknowledged a conscious effort of wealthy people to install a communist dictatorship in Russia. He wrote in the February 18th, 1920 issue of the London Illustrated Sunday Herald, that “From the days of Spartacus [Adam] Weishaupt … to those of Karl Marx, to those of Trotsky, Bella Kuhn, Rose Luxembourg, and Emma Goldman, this world-wide conspiracy has been steadily growing.” He affirmed, “It has been the mainspring of every subversive movement during the 19th century; and now at last, this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their heads and have become practically undisputed masters of that enormous empire.”
After the Bolshevik Revolution, Wall Street ensured the communists would retain control of Russia. Professor Sutton described this effort when he wrote, “On may 1st, 1918, when the Bolsheviks controlled only a small fraction of Russia (and were to come near to losing even that fraction in the summer of 1918), the American League to Aid and Cooperate with Russia was organized in Washington, D.C to support the Bolsheviks. This was not a ‘Hands off Russia’ type of committee formed by the Communist Party U.S.A or its allies. It was a committee created by Wall Street with George P. Whalen of Vacuum Oil Company as Treasurer and Coffin and Oudin of General Electric, along with Thompson of the Federal Reserve System, Willard of the Baltimore and Ohio Railroad, and assorted socialists.”
“The Bolsheviks were not a visible political force at the time the Czar abdicated,” Allen wrote. “And they came to power not because of the downtrodden masses of Russia called them back, but because very powerful men in Europe and the United States sent them in. “They [Lenin and Trotsky] joined up, and, by November, though bribery, cunning, brutality and deception, they were able (not to bring the masses rallying to their cause, but) to hire enough thugs and make enough deals to impose out of the gun barrel what Lenin called ‘all power to the Soviets.'”
“Having created their colony in Russia,” said Allen, “the Rockefellers and their allies have struggled mightily ever since to keep it alive. Beginning in 1918 this clique has been engaged in transferring money and, probably more important, technical information to the Soviet Union.” Perloff agreed, writing, “Probably no name symbolized capitalism more than Rockefeller. Yet that family has for decades supplied trade and credit to Communist nations. After the Bolsheviks took power, the Rockefellers’ Standard Oil of New Jersey bought up Russian oil fields, while Standard Oil of New York built the soviets a refiner and made an arrangement to market their oil in Europe. During the 1920’s the Rockefellers’ Chase Bank helped found the American-Russian Chamber of Commerce, and was involved in financing Soviet raw material exports and selling Soviet bonds in the U.S.”
According to Senator Barry Goldwater, Chase Manhattan built a truck factory in Russia which could also be used to produce armored vehicles such as tanks and even rocket launchers. Perloff echoed, “American technology helped the Soviets construct the $5 billion Kama River truck factory … [which was] successfully converted by the Kremlin to military purposes.”
Wall Street continued to aid the Russian communists as they supplied the Vietnamese communists that Americans were fighting in Vietnam, says Allen. In the late 60s Rockefeller and other industrialists built synthetic rubber plants and an aluminum factory totaling about 250 million dollars. Professor Sutton observed, “these American capitalists were willing to finance and subsidize the Soviet Union while the Vietnam War was underway, knowing that the Soviets were supplying the other side.”
An article appeared in the New York Times on January 16, 1967, which carried the headline, Eaton Joins Rockefellers to Spur Trade with Reds. Perloff summed up the story, “The ensuing story noted that the Rockefellers were teaming up with tycoon Cyrus Eaton, Jr., who was financing for the Soviet block the construction of a $50 million aluminum plant and rubber plants valued at over $200 million.” He added, “The Chase, which maintains a branch office at 1 Karl Marx Square in Moscow, has gained notoriety for financing projects behind the Iron Curtain.”