Nazi Connections

[Steve Taylor]

George Bush: The Unauthorized Biography --- by Webster G. Tarpley & Anton Chaitkin
Charpter - I - The House of Bush: Born in a Bank
Who is George Bush? How did he become the 41st U.S. President?
He is said to be a man of the "old establishment," who "chose to seek his fortune as an independent oilman...." @s1
In fact, Bush was never "independent." Every career step in his upward climb relied on his family's powerful associations. The Bush family joined the Eastern Establishment comparatively recently, and only as servitors. Their wealth and influence resulted from their loyalty to another, more powerful family, and their willingness to do anything to get ahead.
For what they did, Bush's forebears should have become very famous, or infamous. They remained obscure figures, managers from behind the scenes. But their actions--including his father's role as banker for Adolf Hitler--had tragic effects for the whole planet.
It was these services to his family's benefactors, which propelled George Bush to the top. Prescott Goes to War
President George Herbert Walker Bush was born in 1924, the son of Prescott S. Bush and Dorothy Walker Bush. We will begin the George Bush story about a decade before his birth, on the eve of World War I. We will follow the career of his father, Prescott Bush, through his marriage with Dorothy Walker, on the path to fortune, elegance and power.
Prescott Bush entered Yale University in 1913. A native of Columbus, Ohio, Prescott had spent the last five years before college in St. George's Episcopal preparatory school in Newport, Rhode Island.
Prescott Bush's first college year, 1913, was also the freshman year at Yale for E. Roland ( "Bunny" ) Harriman, whose older brother (Wm.) Averell Harriman had just graduated from Yale. This is the Averell Harriman who went on to fame as the U.S. ambassador to the Soviet Union during World War II, as a governor of New York State, and as a presidential advisor who was greatly responsible for starting the Vietnam War.
The Harrimans would become the sponsors of the Bushes, to lift them onto the stage of world history.
In the spring of 1916, Prescott Bush and "Bunny" Harriman were chosen for membership in an elite Yale senior-year secret society known as Skull and Bones. This unusually morbid, death-celebrating group helped Wall Street financiers find active young men of "good birth" to form a kind of imitation British aristocracy in America.
World War I was then raging in Europe. With the prospect that the U.S.A. would soon join the war, two Skull and Bones "Patriarchs" , Averell Harriman (class of 1913) and Percy A. Rockefeller (class of 1900), paid special attention to Prescott's class of 1917. They wanted reliable cadres to help them play the Great Game, in the lucrative new imperial era that the war was opening up for London and New York moneycrats. Prescott Bush, by then a close friend of "Bunny" Harriman, and several other Bonesmen from their class of 1917 would later comprise the core partners in Brown Brothers Harriman, the world's largest private investment bank.
World War I did make an immense amount of money for the clan of stock speculators and British bankers who had just taken over U.S. industry. The Harrimans were stars of this new AngloAmerican elite.
Averell's father, stock broker E.H. Harriman, had gained control of the Union Pacific Railroad in 1898 with credit arranged by William Rockefeller, Percy's father, and by Kuhn Loeb & Co.'s British-affiliated private bankers, Otto Kahn, Jacob Schiff and Felix Warburg.
William Rockefeller, treasurer of Standard Oil and brother of Standard founder John D. Rockefeller, owned National City Bank (later "Citibank" ) together with Texas-based James Stillman. In return for their backing, E.H. Harriman deposited in City Bank the vast receipts from his railroad lines. When he issued tens of millions of dollars of "watered" (fraudulent) railroad stock, Harriman sold most of the shares through the Kuhn Loeb company.
The First World War elevated Prescott Bush and his father, Samuel P. Bush, into the lower ranks of the Eastern Establishment.
As war loomed in 1914, National City Bank began reorganizing the U.S. arms industry. Percy A. Rockefeller took direct control of the Remington Arms company, appointing his own man, Samuel F. Pryor, as the new chief executive of Remington.
The U.S entered World War I in 1917. In the spring of 1918, Prescott's father, Samuel P. Bush, became chief of the Ordnance, Small Arms and Ammunition Section of the War Industries Board.@s2 The senior Bush took national responsibility for government assistance to and relations with Remington and other weapons companies.
This was an unusual appointment, as Prescott's father seemed to have no background in munitions. Samuel Bush had been president of the Buckeye Steel Castings Co. in Columbus, Ohio, makers of railcar parts. His entire career had been in the railroad business-- supplying equipment to the Wall Street-owned railroad systems.
The War Industries Board was run by Bernard Baruch, a Wall Street speculator with close personal and business ties to old E.H. Harriman. Baruch's brokerage firm had handled Harriman speculations of all kinds.@s3
In 1918, Samuel Bush became director of the Facilities Division of the War Industries Board. Prescott's father reported to the Board's Chairman, Bernard Baruch, and to Baruch's assistant, Wall Street private banker Clarence Dillon.
Robert S. Lovett, President of Union Pacific Railroad, chief counsel to E.H. Harriman and executor of his will, was in charge of national production and purchase "priorities" for Baruch's board.
With the war mobilization conducted under the supervision of the War Industries Board, U.S.
consumers and taxpayers showered unprecedented fortunes on war producers and certain holders of raw materials and patents. Hearings in 1934 by the committee of U.S. Senator Gerald Nye attacked the "Merchants of Death" -- war profiteers such as Remington Arms and the British Vickers company --whose salesmen had manipulated many nations into wars, and then supplied all sides with the weapons to fight them.
Percy Rockefeller and Samuel Pryor's Remington Arms supplied machine guns and Colt automatic pistols; millions of rifles to Czarist Russia; over half of the small-arms ammunition used by the Anglo-American allies in World War I; and 69 percent of the rifles used by the United States in that conflict.@s4
Samuel Bush's wartime relationship to these businessmen would continue after the war, and would especially aid his son Prescott's career of service to the Harrimans.
Most of the records and correspondence of Samuel Bush's arms- related section of the government have been burned, "to save space" in the National Archives. This matter of destroyed or misplaced records should be of concern to citizens of a constitutional republic. Unfortunately, it is a rather constant impediment with regard to researching George Bush's background: He is certainly the most "covert" American chief executive.
Now, arms production in wartime is by necessity carried on with great security precautions. The public need not know details of the private lives of the government or industry executives involved, and a broad interrelationship between government and private-sector personnel is normal and useful.
But during the period preceding World War I, and in the war years 1914-1917 when the U.S. was still neutral, interlocking Wall Street financiers subservient to British strategy lobbied heavily, and twisted U.S. government and domestic police functions. Led by the J.P. Morgan concern, Britain's overall purchasing agent in America, these financiers wanted a world war and they wanted the United States in it as Britain's ally. The U.S. and British arms companies, owned by these international financiers, poured out weapons abroad in deals not subject to the scrutiny of any electorate back home. The same gentlemen, as we shall see, later supplied weapons and money to Hitler's Nazis.
That this problem persists today, is in some respect due to the "control" over the documentation and the history of the arms traffickers.
World War I was a disaster for civilized humanity. It had terrible, unprecedented casualties, and shattering effects on the moral philosophy of Europeans and Americans.
But for a brief period, the war treated Prescott Bush rather well.
In June, 1918, just as his father took over responsibility for relations of the government with the private arms producers, Prescott went to Europe with the U.S. Army. His unit did not come near any fire until September. But on August 8, 1918, the following item appeared on the front page of Bush's home-town newspaper: High Military Honors Conferred on Capt. Bush
For Notable Gallantry, When Leading Allied Commanders Were Endangered, Local Man is Awarded French, English and U.S. Crosses.
International Honors, perhaps unprecedented in the life of an American soldier, have been conferred upon Captain Prescott Sheldon Bush, son of Mr. and Mrs. S.P. Bush of Columbus.
Upon young Bush ... were conferred: Cross of the Legion of Honor, ... Victoria Cross, ... Distinguished Service Cross....
Conferring of the three decorations upon one man at one time implies recognition of a deed of rare valor and probably of great military importance as well.
From word which has reached Columbus during the last few days, it appears as if the achievement of Captain Bush well measures up to these requirements.
The incident occurred on the western front about the time the Germans were launching their great offensive of July 15.... The history of the remarkable victory scored later by the allies might have been written in another vein, but for the heroic and quick action of Captain Bush.
The ... three allied leaders, Gen. [Ferdinand] Foch, Sir Douglas Haig and Gen. [John J.] Pershing ... were making an inspection of American positions. Gen. Pershing had sent for Captain Bush to guide them about one sector.... Suddenly Captain Bush noticed a shell coming directly for them. He shouted a warning, suddenly drew his bolo knife, stuck it up as he would a ball bat, and parried the blow, causing the shell to glance off to the right....
Within 24 hours young Bush was notified ... [that] the three allied commanders had recommended him for practically the highest honors within their gift.... Captain Bush is 23 years old, a graduate of Yale in the class of 1917. He was one of Yale's best- known athletes ... was leader of the glee club ... and in his senior year was elected to the famous Skull and Bones Society....@s5
The day after this astonishing story appeared, there was a large cartoon on the editorial page. It depicted Prescott Bush as a small boy, reading a story-book about military heroism, and saying: "Gee! I wonder if anything like that could ever truly happen to a boy." The caption below was a rehash of the batting- away- the-deadly-shell exploit, written in storybook style.@s6
Local excitement about the military "Babe Ruth" lasted just four weeks. Then this somber little box appeared on the front page: Editor State Journal:
A cable received from my son, Prescott S. Bush, brings word that he has not been decorated, as published in the papers a month ago. He feels dreadfully troubled that a letter, written in a spirit of fun, should have been misinterpreted. He says he is no hero and asks me to make explanations. I will appreciate your kindness in publishing this letter....
Flora Sheldon Bush.
Columbus, Sept. 5.@s7
Prescott Bush later claimed that he spent "about 10 or 11 weeks" in the area of combat in France. "We were under fire there.... It was quite exciting, and of course a wonderful experience." @s8
Prescott Bush was discharged in mid-1919, and returned for a short time to Columbus, Ohio. But his humiliation in his home town was so intense that he could no longer live there. The "war hero" story was henceforth not spoken of in his presence. Decades later, when he was an important, rich U.S. Senator, the story was whispered and puzzled over among the Congressmen.
Looking to be rescued from this ugly situation, Captain Bush went to the 1919 reunion of his Yale class in New Haven, Connecticut. Skull and Bones Patriarch Wallace Simmons, closely tied to the
arms manufacturers, offered Prescott Bush a job in his St. Louis railroad equipment company. Bush took the offer and moved to St. Louis--and his destiny. A Thoroughbred Marriage
Prescott Bush went to St. Louis to repair his troubled life. Sometime that same year, Averell Harriman made a trip there on a project which would have great consequences for Prescott. The 28- year-old Harriman, until then something of a playboy, wanted to bring his inherited money and contacts into action in the arena of world affairs.
President Theodore Roosevelt had denounced Harriman's father for "cynicism and deep-seated corruption" and called him an "undesirable citizen." @s9 For the still- smarting Averell to take his place among the makers and breakers of nations, he needed a financial and intelligence-gathering organization of his own. The man Harriman sought to create such an institution for him was Bert Walker, a Missouri stock broker and corporate wheeler- dealer.
George Herbert ( "Bert" ) Walker, for whom President George H.W. Bush was named, did not immediately accept Harriman's proposal. Would Walker leave his little St. Louis empire, to try his influence in New York and Europe?
Bert was the son of a dry goods wholesaler who had thrived on imports from England.@s1@s0 The British connection had paid for Walker summer houses in Santa Barbara, California, and in Maine-- "Walker's Point" at Kennebunkport. Bert Walker had been sent to England for his prep school and college education.
By 1919 Bert Walker had strong ties to the Guaranty Trust Company in New York and to the British-American banking house J.P. Morgan and Co. These Wall Street concerns represented all the important owners of American railroads: the Morgan partners and their associates or cousins in the intermarried Rockefeller, Whitney, Harriman and Vanderbilt families.
Bert Walker was known as the midwest's premier deal-arranger, awarding the investment capital of his international-banker contacts to the many railroads, utilities and other midwestern industries of which he and his St. Louis friends were executives or board members.
Walker's operations were always quiet, or mysterious, whether in local or global affairs. He had long been the "power behind the throne" in the St. Louis Democratic Party, along with his crony, former Missouri Governor David R. Francis. Walker and Francis together had sufficient influence to select the party's candidates.@s1@s1
Back in 1904, Bert Walker, David Francis, Washington University President Robert Brookings and their banker/broker circle had organized a world's fair in St. Louis, the Louisiana Purchase Exposition. In line with the old Southern Confederacy family backgrounds of many of these sponsors, the fair featured a "Human Zoo" : live natives from backward jungle regions were exhibited in special cages under the supervision of anthropologist William J. McGee.
So Averell Harriman was a natural patron for Bert Walker. Bert shared Averell's passion for horse breeding and horse racing, and easily accommodated the Harriman family's related social philosophy. They believed that the horses and racing stables they owned showed the way toward a sharp upgrading of the human stock--just select and mate thoroughbreds, and spurn or eliminate inferior animals.
The First World War had brought the little St. Louis oligarchy into the Confederate-slaveowneroriented administration of President Woodrow Wilson and his advisors, Col. Edward House and Bernard Baruch.
Walker's friend Robert Brookings got into Bernard Baruch's War Industries Board as director of national Price Fixing (sic). David R. Francis became U.S. ambassador to Russia in 1916. As the Bolshevik Revolution broke out, we find Bert Walker busy appointing people to Francis's staff in Petrograd.@s1@s2
Walker's earliest activities in relation to the Soviet state are of significant interest to historians, given the activist role he was to play there together with Harriman. But Walker's life is as covert as the rest of the Bush clan's, and the surviving public record is extremely thin.
The 1919 Versailles peace conference brought together British imperial strategists and their American friends to make postwar global arrangements. For his own intended international adventures, Harriman needed Bert Walker the seasoned intriguer, who quietly represented many of the British-designated rulers of American politics and finance.
After two persuasion trips west by Harriman,@s1@s3 Walker at length agreed to move to New York. But he kept his father's summer house in Kennebunkport, Maine.
Bert Walker formally organized the W.A. Harriman & Co. private bank in November 1919. Walker became the bank's president and chief executive; Averell Harriman was chairman and controlling co-owner with his brother Roland ( "Bunny" ), Prescott Bush's close friend from Yale; and Percy Rockefeller was a director and a founding financial sponsor.
In the autumn of 1919, Prescott Bush made the acquaintance of Bert Walker's daughter Dorothy. They were engaged the following year, and were married in August, 1921.@s1@s4 Among the ushers and grooms at the elaborate wedding were Ellery S. James, Knight Woolley and four other fellow Skull and Bonesmen from the Yale Class of 1917.@s1@s5 The Bush-Walker extended family has gathered each summer at the "Walker country home" in Kennebunkport, from this marriage of President Bush's parents down to the present day.
When Prescott married Dorothy, he was only a minor executive of the Simmons Co., railroad equipment suppliers, while his wife's father was building one of the most gigantic businesses in the world. The following year the couple tried to move back to Columbus, Ohio; there Prescott worked for a short time in a rubber products company owned by his father. But they soon moved again to Milton, Mass., after outsiders bought the little family business and moved it near there.
Thus Prescott Bush was going nowhere fast, when his son George Herbert Walker Bush--the future U.S. President--was born in Milton, Mass., on June 12, 1924.
Perhaps it was as a birthday gift for George, that "Bunny" Harriman stepped in to rescue his father Prescott from oblivion, bringing him into the Harriman-controlled U.S. Rubber Co. in New York City. In 1925 the young family moved to the town where George was to grow up: Greenwich, Connecticut, a suburb both of New York and of New Haven/Yale.
Then on May 1, 1926, Prescott Bush joined W.A. Harriman & Co. as its vice president, under the bank's president, Bert Walker, his father-in-law and George's maternal grandfather--the head of the family.@s1@s6 The Great Game
Prescott Bush would demonstrate strong loyalty to the firm he joined in 1926. And the bank, with the scope and power of many ordinary nations, could amply reward its agents. George Bush's Grandfather Walker had put the enterprise together, quietly, secretly, using all the international connections at his disposal. Let us briefly look back at the beginning of the Harriman firm--the
Bush family enterprise--and follow its course into one of history's darkest projects.
The firm's first global lever was its successful arrangement to get into Germany by dominating that country's shipping. Averell Harriman announced in 1920 that he would re-start Germany's Hamburg- Amerika Line, after many months of scheming and arm-twisting. Hamburg-Amerika's commercial steamships had been confiscated by the United States at the end of the First World War. These ships had then become the property of the Harriman enterprise, by some arrangements with the U.S. authorities that were never made public.
The deal was breathtaking; it would create the world's largest private shipping line. HamburgAmerika Line regained its confiscated vessels, for a heavy price. The Harriman enterprise took "the right to participate in 50 percent of all business originated in Hamburg" ; and for the next twenty years (1920-1940), the Harriman enterprise had "complete control of all activities of the Hamburg line in the United States." @s1@s7
Harriman became co-owner of Hamburg-Amerika. The Harriman-Walker firm gained a tight hold on its management, with the not-so-subtle backing of the post-World War I occupation of Germany by the armies of England and America.
Just after Harriman's public statement, the St. Louis press celebrated Bert Walker's role in assembling the money to consummate the deal:
"Ex-St. Louisan Forms Giant Ship Merger"
"G. H. Walker is Moving Power Behind Harriman-Morton Shipping Combine...."
The story celebrated a "merger of two big financial houses in New York, which will place practically unlimited capital at the disposal of the new American-German shipping combine...." @s1@s8
Bert Walker had arranged a "marriage" of J.P. Morgan credit and Harriman family inherited wealth.
W.A. Harriman & Co., of which Walker was president and founder, was merging with the Morton & Co. private bank--and Walker was "[p]rominent in the affairs of Morton & Co.," which was interlocked with the Morgan-controlled Guaranty Trust Co.
The Hamburg-Amerika takeover created an effective instrument for the manipulation and fatal subversion of Germany. One of the great "merchants of death," Samuel Pryor, was in it from the beginning. Pryor, then chairman of the executive committee of Remington Arms, helped arrange the deal and served with Walker on the board of Harriman's shipping front organization, the American Ship and Commerce Co.
Walker and Harriman took the next giant step in 1922, setting up their European headquarters office in Berlin. With the aid of the Hamburg-based Warburg bank, W.A. Harriman & Co. began spreading an investment net over German industry and raw materials.
From the Berlin base, Walker and Harriman then plunged into deals with the new dictatorship of the Soviet Union. They led a select group of Wall Street and British Empire speculators who re-started the Russian oil industry, which had been devastated by the Bolshevik Revolution. They contracted to mine Soviet manganese, an element essential to modern steelmaking. These concessions were arranged directly with Leon Trotsky, then with Feliks Dzerzhinsky, founder of the Soviet dictatorship's secret intelligence service (K.G.B), whose huge statue was finally pulled down by
pro-democracy demonstrators in 1991.
These speculations created both channels of communication, and the style of accomodation, with the communist dictatorship, that have continued in the family down to President Bush.
With the bank launched, Bert Walker found New York the ideal place to satisfy his passion for sports, games and gambling. Walker was elected president of the U.S. Golf Association in 1920. He negotiated new international rules for the game with the Royal and Ancient Golf Club of St. Andrews, Scotland. After these talks he contributed the three-foot-high silver Walker Cup, for which British and American teams have since competed every two years.
Bert's son-in-law Prescott Bush was later secretary of the U.S. Golf Association, during the grave political and economic crises of the early 1930s. Prescott became USGA President in 1935, while he was otherwise embroiled in the family firm's work with Nazi Germany.
When George was one year old, in 1925, Bert Walker and Averell Harriman headed a syndicate which rebuilt Madison Square Garden as the modern Palace of Sport. Walker was at the center of New York's gambling scene in its heyday, in that Prohibition era of colorful and bloody gangsters. The Garden bloomed with million-dollar prize fights; bookies and their clients pooled more millions, trying to match the pace of the speculation-crazed stock and bond men. This was the era of "organized" crime--the national gambling and bootleg syndicate structured on the New York corporate model.
By 1930, when George was a boy of six, Grandpa Walker was New York State Racing Commissioner. The vivid colors and sounds of the racing scene must have impressed little George as much as his grandfather. Bert Walker bred race horses at his own stable, the Log Cabin Stud. He was president of the Belmont Park race track. Bert also personally managed most aspects of Averell's racing interests-- down to picking the colors and fabrics for the Harriman racing gear.@s1@s9
From 1926, George's father Prescott Bush showed a fierce loyalty to the Harrimans and a dogged determination to advance himself; he gradually came to run the day-to-day operations of W.A. Harriman & Co. After the firm's 1931 merger with the British-American banking house Brown Brothers, Prescott Bush became managing partner of the resulting company: Brown Brothers Harriman. This was ultimately the largest and politically the most important private banking house in America.
Financial collapse, world depression and social upheaval followed the fevered speculation of the 1920s. The 1929-31 crash of securities values wiped out the small fortune Prescott Bush had gained since 1926. But because of his devotion to the Harrimans, they "did a very generous thing," as Bush later put it. They staked him to what he had lost and put him back on his feet.
Prescott Bush described his own role, from 1931 through the 1940s, in a confidential interview: I emphasize ... that the Harrimans showed great courage and loyalty and confidence in us, because three or four of us were really running the business, the day to day business. Averell was all over the place in those days ... and Roland was involved in a lot of directorships, and he didn't get down into the "lift- up-and-bear-down" activity of the bank, you see-- the day- to-day decisions ... we were really running the business, the day to day business, all the administrative decisions and the executive decisions. We were the ones that did it. We were the managing partners, let's say.@s2@s0 But of the "three or four" partners in charge, Prescott was effectively at the head of the firm, because he had taken over management of the gigantic personal investment funds of Averell and E. Roland "Bunny" Harriman.
In those interwar years, Prescott Bush made the family fortune which George Bush inherited. He piled up the money from an international project which continued until a new world war, and the action of the U.S. government, intervened to stop him.

[Steve Taylor]

George Bush: The Unauthorized Biography --- by Webster G. Tarpley & Anton Chaitkin
Chapter - II - The Hitler Project
Bush Property Seized--Trading with the Enemy
In October 1942, ten months after entering World War II, America was preparing its first assault against Nazi military forces. Prescott Bush was managing partner of Brown Brothers Harriman. His 18-year-old son George, the future U.S. President, had just begun training to become a naval pilot. On Oct. 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City which were being conducted by Prescott Bush.
Under the Trading with the Enemy Act, the government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland `` Bunny '' Harriman, three Nazi executives, and two other associates of Bush.@s1
The order seizing the bank `` vests '' (seizes) `` all of the capital stock of Union Banking Corporation, a New York corporation, '' and names the holders of its shares as: `` E. Roland Harriman--3991 shares '' [chairman and director of Union Banking Corp. (UBC); this is `` Bunny '' Harriman, described by Prescott Bush as a place holder who didn't get much into banking affairs; Prescott managed his personal investments]
`` Cornelis Lievense--4 shares '' [president and director of UBC; New York resident banking functionary for the Nazis]
`` Harold D. Pennington--1 share '' [treasurer and director of UBC; an office manager employed by Bush at Brown Brothers Harriman]
`` Ray Morris--1 share ''
[director of UBC; partner of Bush and the Harrimans]
`` Prescott S. Bush--1 share '' [director of UBC, which was co-founded and sponsored by his father-in-law George Walker; senior managing partner for E. Roland Harriman and Averell Harriman]
`` H.J. Kouwenhoven--1 share '' [director of UBC; organized UBC as the emissary of Fritz Thyssen in negotiations with George Walker and Averell Harriman; managing director of UBC's Netherlands affiliate under Nazi occupation; industrial executive in Nazi Germany; director and chief foreign financial executive of the German Steel Trust]
`` Johann G. Groeninger--1 share '' [director of UBC and of its Netherlands affiliate; industrial executive in Nazi Germany]
`` all of which shares are held for the benefit of ... members of the Thyssen family, [and] is property of nationals ... of a designated enemy country.... ''
By Oct. 26, 1942, U.S. troops were under way for North Africa. On Oct. 28, the government issued orders seizing two Nazi front organizations run by the Bush-Harriman bank: the Holland-American Trading Corporation and the Seamless Steel Equipment Corporation.@s2
U.S. forces landed under fire near Algiers on Nov. 8, 1942; heavy combat raged throughout November. Nazi interests in the Silesian-American Corporation, long managed by Prescott Bush and his father-in-law George Herbert Walker, were seized under the Trading with the Enemy Act on Nov. 17, 1942. In this action, the government announced that it was seizing only the Nazi interests, leaving the Nazis' U.S. partners to carry on the business.@s3
These and other actions taken by the U.S. government in wartime were, tragically, too little and too late. President Bush's family had already played a central role in financing and arming Adolf Hitler for his takeover of Germany; in financing and managing the buildup of Nazi war industries for the conquest of Europe and war against the U.S.A.; and in the development of Nazi genocide theories and racial propaganda, with their well-known results.
The facts presented here must be known, and their implications reflected upon, for a proper understanding of President George Herbert Walker Bush and of the danger to mankind that he represents. The President's family fortune was largely a result of the Hitler project. The powerful Anglo-American family associations, which later boosted him into the Central Intelligence Agency and up to the White House, were his father's partners in the Hitler project.
President Franklin Roosevelt's Alien Property Custodian, Leo T. Crowley, signed Vesting Order Number 248 seizing the property of Prescott Bush under the Trading with the Enemy Act. The order, published in obscure government record books and kept out of the news,@s4 explained nothing about the Nazis involved; only that the Union Banking Corporation was run for the `` Thyssen family '' of `` Germany and/or Hungary ''--`` nationals ... of a designated enemy country. ''
By deciding that Prescott Bush and the other directors of the Union Banking Corp. were legally front men for the Nazis, the government avoided the more important historical issue: In what way
were Hitler's Nazis themselves hired, armed and instructed by the New York and London clique of which Prescott Bush was an executive manager? Let us examine the Harriman-Bush Hitler project from the 1920s until it was partially broken up, to seek an answer for that question. Origin and Extent of the Project
Fritz Thyssen and his business partners are universally recognized as the most important German financiers of Adolf Hitler's takeover of Germany. At the time of the order seizing the Thyssen family's Union Banking Corp., Mr. Fritz Thyssen had already published his famous book, I Paid Hitler,@s5 admitting that he had financed Adolf Hitler and the Nazi movement since October 1923. Thyssen's role as the leading early backer of Hitler's grab for power in Germany had been noted by U.S. diplomats in Berlin in 1932.@s6 The order seizing the Bush-Thyssen bank was curiously quiet and modest about the identity of the perpetrators who had been nailed.
But two weeks before the official order, government investigators had reported secretly that `` W. Averell Harriman was in Europe sometime prior to 1924 and at that time became acquainted with Fritz Thyssen, the German industrialist. '' Harriman and Thyssen agreed to set up a bank for Thyssen in New York. `` [C]ertain of [Harriman's] associates would serve as directors.... '' Thyssen agent `` H. J. Kouwenhoven ... came to the United States ... prior to 1924 for conferences with the Harriman Company in this connection.... ''@s7
When exactly was `` Harriman in Europe sometime prior to 1924 ''? In fact, he was in Berlin in 1922 to set up the Berlin branch of W.A. Harriman & Co. under George Walker's presidency.
The Union Banking Corporation was established formally in 1924, as a unit in the Manhattan offices of W.A. Harriman & Co., interlocking with the Thyssen-owned Bank voor Handel en Scheepvaart (BHS) in the Netherlands. The investigators concluded that `` the Union Banking Corporation has since its inception handled funds chiefly supplied to it through the Dutch bank by the Thyssen interests for American investment. ''
Thus by personal agreement between Averell Harriman and Fritz Thyssen in 1922, W.A. Harriman & Co. (alias Union Banking Corporation) would be transferring funds back and forth between New York and the `` Thyssen interests '' in Germany. By putting up about $400,000, the Harriman organization would be joint owner and manager of Thyssen's banking operations outside of Germany.
How important was the Nazi enterprise for which President Bush's father was the New York banker?
The 1942 U.S. government investigative report said that Bush's Nazi-front bank was an interlocking concern with the Vereinigte Stahlwerke (United Steel Works Corporation or German Steel Trust) led by Fritz Thyssen and his two brothers. After the war, Congressional investigators probed the Thyssen interests, Union Banking Corp. and related Nazi units. The investigation showed that the Vereinigte Stahlwerke had produced the following approximate proportions of total German national output: 50.8% of Nazi Germany's pig iron 41.4% of Nazi Germany's universal plate 36.0% of Nazi Germany's heavy plate 38.5% of Nazi Germany's galvanized sheet 45.5% of Nazi Germany's pipes and tubes 22.1% of Nazi Germany's wire 35.0% of Nazi Germany's explosives.@s8
Prescott Bush became vice president of W.A. Harriman & Co. in 1926. That same year, a friend of Harriman and Bush set up a giant new organization for their client Fritz Thyssen, prime sponsor of politician Adolf Hitler. The new German Steel Trust, Germany's largest industrial corporation, was organized in 1926 by Wall Street banker Clarence Dillon. Dillon was the old comrade of Prescott Bush's father Sam Bush from the `` Merchants of Death '' bureau in World War I.
In return for putting up $70 million to create his organization, majority owner Thyssen gave the Dillon Read company two or more representatives on the board of the new Steel Trust.@s9
Thus there is a division of labor: Thyssen's own confidential accounts, for political and related purposes, were run through the Walker-Bush organization; the German Steel Trust did its corporate banking through Dillon Read.
The Walker-Bush firm's banking activities were not just politically neutral money-making ventures which happened to coincide with the aims of German Nazis. All of the firm's European business in those days was organized around anti-democratic political forces.
In 1927, criticism of their support for totalitarianism drew this retort from Bert Walker, written from Kennebunkport to Averell Harriman: `` It seems to me that the suggestion in connection with Lord Bearsted's views that we withdraw from Russia smacks somewhat of the impertinent.... I think that we have drawn our line and should hew to it. ''@s1@s0
Averell Harriman met with Italy's fascist dictator, Benito Mussolini. A representative of the firm subsequently telegraphed good news back to his chief executive Bert Walker: `` ... During these last days ... Mussolini ... has examined and approved our c

• ntract 15 June. ''@s1@s1

The great financial collapse of 1929-31 shook America, Germany and Britain, weakening all governments. It also made the hard-pressed Prescott Bush even more willing to do whatever was necessary to retain his new place in the world. It was in this crisis that certain Anglo-Americans determined on the installation of a Hitler regime in Germany.
W.A. Harriman & Co., well-positioned for this enterprise and rich in assets from their German and Russian business, merged with the British-American investment house, Brown Brothers, on January 1, 1931. Bert Walker retired to his own G.H. Walker & Co. This left the Harriman brothers, Prescott Bush and Thatcher M. Brown as the senior partners of the new Brown Brothers Harriman firm. (The London, England branch of the Brown family firm continued operating under its historic name--Brown, Shipley.)
Robert A. Lovett also came over as a partner from Brown Brothers. His father, E.H. Harriman's lawyer and railroad chief, had been on the War Industries Board with Prescott's father. Though he remained a partner in Brown Brothers Harriman, the junior Lovett soon replaced his father as chief executive of Union Pacific Railroad.
Brown Brothers had a racial tradition that fitted it well for the Hitler project! American patriots had cursed its name back in U.S. Civil War days. Brown Brothers, with offices in the U.S.A. and in England, had carried on their ships fully 75 percent of the slave cotton from the American South over to British mill owners. Now in 1931, the virtual dictator of world finance, Bank of England Governor Montagu Collet Norman, was a former Brown Brothers partner, whose grandfather had been boss of Brown Brothers during the U.S. Civil War. Montagu Norman was known as the most avid of Hitler's supporters within British ruling circles, and Norman's intimacy with this firm was essential to his management of the Hitler project.
In 1931, while Prescott Bush ran the New York office of Brown Brothers Harriman, Prescott's partner was Montagu Norman's intimate friend Thatcher Brown. The Bank of England chief always stayed at the home of Prescott's partner on his hush-hush trips to New York. Prescott Bush concentrated on the firm's German activities, and Thatcher Brown saw to their business in old England, under the guidance of his mentor Montagu Norman.@s1@s2 Hitler's Ladder to Power
Adolf Hitler became Chancellor of Germany January 30, 1933, and absolute dictator in March 1933, after two years of expensive and violent lobbying and electioneering. Two affiliates of the Bush-Harriman organization played great parts in this criminal undertaking: Thyssen's German Steel Trust; and the Hamburg-Amerika Line and several of its executives.@s1@s3
Let us look more closely at the Bush family's German partners.
Fritz Thyssen told Allied interrogators after the war about some of his financial support for the Nazi Party: `` In 1930 or 1931 ... I told [Hitler's deputy Rudolph] Hess ... I would arrange a credit for him with a Dutch bank in Rotterdam, the Bank fu@aur Handel und Schiff [i.e. Bank voor Handel en Scheepvaart (BHS), the Harriman-Bush affiliate]. I arranged the credit ... he would pay it back in three years.... I chose a Dutch bank because I did not want to be mixed up with German banks in my position, and because I thought it was better to do business with a Dutch bank, and I thought I would have the Nazis a little more in my hands... .
`` The credit was about 250-300,000 [gold] marks--about the sum I had given before. The loan has been repaid in part to the Dutch bank, but I think some money is still owing on it.... ''@s1@s4
The overall total of Thyssen's political donations and loans to the Nazis was well over a million dollars, including funds he raised from others--in a period of terrible money shortage in Germany.
Friedrich Flick was the major co-owner of the German Steel Trust with Fritz Thyssen, Thyssen's long-time collaborator and occasional competitor. In preparation for the war crimes tribunal at Nuremberg, the U.S. government said that Flick was `` one of leading financiers and industrialists who from 1932 contributed large sums to the Nazi Party ... member of `Circle of Friends' of Himmler who contributed large sums to the SS. ''@s1@s5
Flick, like Thyssen, financed the Nazis to maintain their private armies called Schutzstaffel (S.S. or Black Shirts) and Sturmabteilung (S.A., storm troops or Brown Shirts).
The Flick-Harriman partnership was directly supervised by Prescott Bush, President Bush's father, and by George Walker, President Bush's grandfather.
The Harriman-Walker Union Banking Corp. arrangements for the German Steel Trust had made them bankers for Flick and his vast operations in Germany by no later than 1926.
The Harriman Fifteen Corporation (George Walker, president, Prescott Bush and Averell Harriman, sole directors) held a substantial stake in the Silesian Holding Co. at the time of the merger with Brown Brothers, Jan. 1, 1931. This holding correlated to Averell Harriman's chairmanship of the Consolidated Silesian Steel Corporation, the American group owning one-third of a complex of steel-making, coal-mining and zinc-mining activities in Germany and Poland, in which Friedrich Flick owned two-thirds.@s1@s6
The Nuremberg prosecutor characterized Flick as follows:
`` Proprietor and head of a large group of industrial enterprises (coal and iron mines, steel producing and fabricating plants) ... `Wehrwirtschaftsfuh@aurer', 1938 [title awarded to prominent industrialists for merit in armaments drive--`Military Economy Leader'].... ''@s1@s7
For this buildup of the Hitler war machine with coal, steel and arms production, using slave laborers, the Nazi Flick was condemned to seven years in prison at the Nuremberg trials; he served three years. With friends in New York and London, however, Flick lived into the 1970s and died a billionaire.
On March 19, 1934, Prescott Bush--then director of the German Steel Trust's Union Banking Corporation--initiated an alert to the absent Averell Harriman about a problem which had developed in the Flick partnership.@s1@s8 Bush sent Harriman a clipping from the New York Times of that day, which reported that the Polish government was fighting back against American and German stockholders who controlled `` Poland's largest industrial unit, the Upper Silesian Coal and Steel Company.... ''
The Times article continued: `` The company has long been accused of mismanagement, excessive borrowing, fictitious bookkeeping and gambling in securities. Warrants were issued in December for several directors accused of tax evasions. They were German citizens and they fled. They were replaced by Poles. Herr Flick, regarding this as an attempt to make the company's board entirely Polish, retaliated by restricting credits until the new Polish directors were unable to pay the workmen regularly. ''
The Times noted that the company's mines and mills `` employ 25,000 men and account for 45 percent of Poland's total steel output and 12 percent of her coal production. Two-thirds of the company's stock is owned by Friedrich Flick, a leading German steel industrialist, and the remainder is owned by interests in the United States. ''
In view of the fact that a great deal of Polish output was being exported to Hitler Germany under depression conditions, the Polish government thought that Prescott Bush, Harriman and their Nazi partners should at least pay full taxes on their Polish holdings. The U.S. and Nazi owners responded with a lockout. The letter to Harriman in Washington reported a cable from their European representative: `` Have undertaken new steps London Berlin ... please establish friendly relations with Polish Ambassador [in Washington]. ''
A 1935 Harriman Fifteen Corporation memo from George Walker announced an agreement had been made `` in Berlin '' to sell an 8,000 block of their shares in Consolidated Silesian Steel.@s1@s9 But the dispute with Poland did not deter the Bush family from continuing its partnership with Flick.
Nazi tanks and bombs `` settled '' this dispute in September, 1939 with the invasion of Poland, beginning World War II. The Nazi army had been equipped by Flick, Harriman, Walker and Bush, with materials essentially stolen from Poland.
There were probably few people at the time who could appreciate the irony, that when the Soviets also attacked and invaded Poland from the East, their vehicles were fueled by oil pumped from Baku wells revived by the Harriman/Walker/Bush enterprise.
Three years later, nearly a year after the Japanese attack on Pearl Harbor, the U.S. government ordered the seizure of the Nazis' share in the Silesian-American Corporation under the Trading with the Enemy Act. Enemy nationals were said to own 49 percent of the common stock and 41.67 percent of the preferred stock of the company.
The order characterized the company as a `` business enterprise within the United States, owned by [a front company in] Zurich, Switzerland, and held for the benefit of Bergwerksgesellschaft George von Giesche's Erben, a German corporation.... ''@s2@s0
Bert Walker was still the senior director of the company, which he had founded back in 1926 simultaneously with the creation of the German Steel Trust. Ray Morris, Prescott's partner from Union Banking Corp. and Brown Brothers Harriman, was also a director.
The investigative report prior to the government crackdown explained the `` NATURE OF BUSINESS: The subject corporation is an American holding company for German and Polish subsidiaries, which own large and valuable coal and zinc mines in Silesia, Poland and Germany. Since September 1939, these properties have been in the possession of and have been operated by the German government and have undoubtedly been of considerable assistance to that country in its war effort. ''@s2@s1
The report noted that the American stockholders hoped to regain control of the European properties after the war. Control of Nazi Commerce
Bert Walker had arranged the credits Harriman needed to take control of the Hamburg-Amerika Line back in 1920. Walker had organized the American Ship and Commerce Corp. as a unit of the W.A. Harriman & Co., with contractual power over Hamburg-Amerika's affairs.
As the Hitler project went into high gear, Harriman-Bush shares in American Ship and Commerce Corp. were held by the Harriman Fifteen Corp., run by Prescott Bush and Bert Walker.@s2@s2
It was a convenient stroll for the well-tanned, athletic, handsome Prescott Bush: From the Brown Brothers Harriman skyscraper at 59 Wall Street--where he was senior managing partner, confidential investments manager and adviser to Averell and his brother `` Bunny ''--he walked across to the Harriman Fifteen Corporation at One Wall Street, otherwise known as G.H. Walker & Co.--and around the corner to his subsidiary offices at 39 Broadway, former home of the old W.A. Harriman & Co., and still the offices for American Ship and Commerce Corp., and of the Union Banking Corporation.
In many ways, Bush's Hamburg-Amerika Line was the pivot for the entire Hitler project.
Averell Harriman and Bert Walker had gained control over the steamship company in 1920 in negotiations with its post-World War I chief executive, Wilhelm Cuno, and with the line's bankers, M.M. Warburg. Cuno was thereafter completely dependent on the Anglo-Americans, and became a member of the Anglo-German Friendship Society. In the 1930-32 drive for a Hitler dictatorship, Wilhelm Cuno contributed important sums to the Nazi Party.@s2@s3
Albert Voegler was chief executive of the Thyssen-Flick German Steel Trust for which Bush's Union Banking Corp. was the New York office. He was a director of the Bush-affiliate BHS Bank in Rotterdam, and a director of the Harriman-Bush Hamburg-Amerika Line. Voegler joined Thyssen and Flick in their heavy 1930-33 Nazi contributions, and helped organize the final Nazi leap into national power.@s2@s4
The Schroeder family of bankers was a linchpin for the Nazi activities of Harriman and Prescott Bush, closely tied to their lawyers Allen and John Foster Dulles.
Baron Kurt von Schroeder was co-director of the massive Thyssen-Hu@autte foundry along with Johann Groeninger, Prescott Bush's New York bank partner. Kurt von Schroeder was treasurer of the support organization for the Nazi Party's private armies, to which Friedrich Flick contributed. Kurt von Schroeder and Montagu Norman's prote@aage@aa Hjalmar Schacht together made the final arrangements for Hitler to enter the government.@s2@s5
Baron Rudolph von Schroeder was vice president and director of the Hamburg-Amerika Line. Long an intimate contact of Averell Harriman's in Germany, Baron Rudolph sent his grandson Baron Johann Rudolph for a tour of Prescott Bush's Brown Brothers Harriman offices in New York City in December 1932--on the eve of their Hitler-triumph.@s2@s6
Certain actions taken directly by the Harriman-Bush shipping line in 1932 must be ranked among the gravest acts of treason in this century.
The U.S. embassy in Berlin reported back to Washington that the `` costly election campaigns '' and `` the cost of maintaining a private army of 300,000 to 400,000 men '' had raised questions as to the Nazis' financial backers. The constitutional government of the German republic moved to defend national freedom by ordering the Nazi Party private armies disbanded. The U.S. embassy reported that the Hamburg-Amerika Line was purchasing and distributing propaganda attacks against the German government, for attempting this last-minute crackdown on Hitler's forces.@s2@s7
Thousands of German opponents of Hitlerism were shot or intimidated by privately armed Nazi Brown Shirts. In this connection we note that the original `` Merchant of Death, '' Samuel Pryor, was a founding director of both the Union Banking Corp. and the American Ship and Commerce Corp. Since Mr. Pryor was executive committee chairman of Remington Arms and a central figure in the world's private arms traffic, his use to the Hitler project was enhanced as the Bush family's partner in Nazi Party banking and trans-Atlantic shipping.
The U.S. Senate arms-traffic investigators probed Remington after it was joined in a cartel agreement on explosives to the Nazi firm I.G. Farben. Looking at the period leading up to Hitler's seizure of power, the Senators found that `` German political associations, like the Nazi and others, are nearly all armed with American ... guns.... Arms of all kinds coming from America are transshipped in the Scheldt to river barges before the vessels arrive in Antwerp. They then can be carried through Holland without police inspection or interference. The Hitlerists and Communists are presumed to get arms in this manner. The principal arms coming from America are Thompson submachine guns and revolvers. The number is great. ''@s2@s8
The beginning of the Hitler regime brought some bizarre changes to the Hamburg-Amerika Line-and more betrayals.
Prescott Bush's American Ship and Commerce Corp. notified Max Warburg of Hamburg, Germany, on March 7, 1933, that Warburg was to be the corporation's official, designated representative on the board of Hamburg-Amerika.@s2@s9
Max Warburg replied on March 27, 1933, assuring his American sponsors that the Hitler government was good for Germany: `` For the last few years business was considerably better than we had anticipated, but a reaction is making itself felt for some months. We are actually suffering also under the very active propaganda against Germany, caused by some unpleasant circumstances. These occurrences were the natural consequence of the very excited election campaign, but were extraordinarily exaggerated in the foreign press. The Government is firmly resolved to maintain public peace and order in Germany, and I feel perfectly convinced in this respect that there is no cause for any alarm whatsoever. ''@s3@s0
This seal of approval for Hitler, coming from a famous Jew, was just what Harriman and Bush required, for they anticipated rather serious `` alarm '' inside the U.S.A. against their Nazi operations.
On March 29, 1933, two days after Max's letter to Harriman, Max's son, Erich Warburg, sent a cable to his cousin Frederick M. Warburg, a director of the Harriman railroad system. He asked Frederick to `` use all your influence '' to stop all anti-Nazi activity in America, including `` atrocity news and unfriendly propaganda in foreign press, mass meetings, etc. '' Frederick cabled back to Erich: `` No responsible groups here [are] urging [a] boycott [of] German goods[,] merely excited individuals. '' Two days after that, On March 31, 1933, the American-Jewish Committee, controlled by the Warburgs, and the B'nai B'rith, heavily influenced by the Sulzbergers (New York Times), issued a formal, official joint statement of the two organizations, counseling `` that no American boycott against Germany be encouraged, '' and advising `` that no further mass meetings be held or similar forms of agitation be employed. ''@s3@s1
The American Jewish Committee and the B'nai B'rith (mother of the `` Anti-Defamation League '') continued with this hardline, no-attack-on-Hitler stance all through the 1930s, blunting the fight mounted by many Jews and other anti-fascists.
Thus the decisive interchange reproduced above, taking place entirely within the orbit of the Harriman/Bush firm, may explain something of the relationship of George Bush to American Jewish and Zionist leaders. Some of them, in close cooperation with his family, played an ugly part in the drama of Naziism. Is this why `` professional Nazi-hunters '' have never discovered how the Bush family made its money?
The executive board of the Hamburg Amerika Line (Hapag) met jointly with the North German Lloyd Company board in Hamburg on Sept. 5, 1933. Under official Nazi supervision, the two firms were merged. Prescott Bush's American Ship and Commerce Corp. installed Christian J. Beck, a long-time Harriman executive, as manager of freight and operations in North America for the new joint Nazi shipping lines (Hapag-Lloyd) on Nov. 4, 1933.
According to testimony of officials of the companies before Congress in 1934, a supervisor from the Nazi Labor Front rode with every ship of the Harriman-Bush line; employees of the New York offices were directly organized into the Nazi Labor Front organization; Hamburg-Amerika provided free passage to individuals going abroad for Nazi propaganda purposes; and the line subsidized proNazi newspapers in the U.S.A., as it had done in Germany against the constitutional German government.@s3@s2
In mid-1936, Prescott Bush's American Ship and Commerce Corp. cabled M.M. Warburg, asking Warburg to represent the company's heavy share interest at the forthcoming Hamburg-Amerika stockholders meeting. The Warburg office replied with the information that `` we represented you '' at the stockholders meeting and `` exercised on your behalf your voting power for Rm [gold marks] 3,509,600 Hapag stock deposited with us. ''
The Warburgs transmitted a letter received from Emil Helfferich, German chief executive of both Hapag-Lloyd and of the Standard Oil subsidiary in Nazi Germany: `` It is the intention to continue the relations with Mr. Harriman on the same basis as heretofore.... '' In a colorful gesture, Hapag's Nazi chairman Helfferich sent the line's president across the Atlantic on a Zeppelin to confer with their New York string-pullers.
After the meeting with the Zeppelin passenger, the Harriman-Bush office replied: `` I am glad to
learn that Mr. Hellferich [sic] has stated that relations between the Hamburg American Line and ourselves will be continued on the same basis as heretofore. ''@s3@s3
Two months before moving against Prescott Bush's Union Banking Corporation, the U. S. government ordered the seizure of all property of the Hamburg-Amerika Line and North German Lloyd, under the Trading with the Enemy Act. The investigators noted in the pre-seizure report that Christian J. Beck was still acting as an attorney representing the Nazi firm.@s3@s4
In May 1933, just after the Hitler regime was consolidated, an agreement was reached in Berlin for the coordination of all Nazi commerce with the U.S.A. The Harriman International Co., led by Averell Harriman's first cousin Oliver, was to head a syndicate of 150 firms and individuals, to conduct all exports from Hitler Germany to the United States.@s3@s5
This pact had been negotiated in Berlin between Hitler's economics minister, Hjalmar Schacht, and John Foster Dulles, international attorney for dozens of Nazi enterprises, with the counsel of Max Warburg and Kurt von Schroeder.
John Foster Dulles would later be U.S. Secretary of State, and the great power in the Republican Party of the 1950s. Foster's friendship and that of his brother Allen (head of the Central Intelligence Agency), greatly aided Prescott Bush to become the Republican U.S. Senator from Connecticut. And it was to be of inestimable value to George Bush, in his ascent to the heights of `` covert action government, '' that both of these Dulles brothers were the lawyers for the Bush family's far-flung enterprise.
Throughout the 1930s, John Foster Dulles arranged debt restructuring for German firms under a series of decrees issued by Adolf Hitler. In these deals, Dulles struck a balance between the interest owed to selected, larger investors, and the needs of the growing Nazi war-making apparatus for producing tanks, poison gas, etc.
Dulles wrote to Prescott Bush in 1937 concerning one such arrangement. The German-Atlantic Cable Company, owning Nazi Germany's only telegraph channel to the United States, had made debt and management agreements with the Walker-Harriman bank during the 1920s. A new decree would now void those agreements, which had originally been reached with non-Nazi corporate officials. Dulles asked Bush, who managed these affairs for Averell Harriman, to get Averell's signature on a letter to Nazi officials, agreeing to the changes. Dulles wrote: Sept. 22, 1937
Mr. Prescott S. Bush
59 Wall Street, New York, N.Y.
Dear Press,
I have looked over the letter of the German-American [sic] Cable Company to Averell Harriman.... It would appear that the only rights in the matter are those which inure in the bankers and that no legal embarrassment would result, so far as the bondholders are concerned, by your acquiescence in the modification of the bankers' agreement.
Sincerely yours,
John Foster Dulles
Dulles enclosed a proposed draft reply, Bush got Harriman's signature, and the changes went through.@s3@s6
In conjunction with these arrangements, the German Atlantic Cable Company attempted to stop payment on its debts to smaller American bondholders. The money was to be used instead for arming the Nazi state, under a decree of the Hitler government.
Despite the busy efforts of Bush and Dulles, a New York court decided that this particular Hitler `` law '' was invalid in the United States; small bondholders, not parties to deals between the bankers and the Nazis, were entitled to get paid.@s3@s7
In this and a few other of the attempted swindles, the intended victims came out with their money. But the Nazi financial and political reorganization went ahead to its tragic climax.
For his part in the Hitler revolution, Prescott Bush was paid a fortune.
This is the legacy he left to his son, President George Bush. An Important Historical Note:
How the Harrimans Hired Hitler
It was not inevitable that millions would be slaughtered under fascism and in World War II. At certain moments of crisis, crucial pro-Nazi decisions were made outside of Germany. These decisions for pro-Nazi actions were more aggressive than the mere `` appeasement '' which AngloAmerican historians later preferred to discuss.
Private armies of 300,000 to 400,000 terrorists aided the Nazis' rise to power. W.A. Harriman's Hamburg-Amerika Line intervened against Germany's 1932 attempt to break them up.
The 1929-31 economic collapse bankrupted the Wall-Street-backed German Steel Trust. When the German government took over the Trust's stock shares, interests associated with Konrad Adenauer and the anti-Nazi Catholic Center Party attempted to acquire the shares. But the Anglo-Americans-Montagu Norman, and the Harriman-Bush bank--made sure that their Nazi puppet Fritz Thyssen regained control over the shares and the Trust. Thyssen's bankrolling of Hitler could then continue unhindered.
Unpayable debts crushed Germany in the 1920s, reparations required by the Versailles agreements. Germany was looted by the London-New York banking system, and Hitler's propaganda exploited this German debt burden.
But immediately after Germany came under Hitler's dictatorship, the Anglo-American financiers granted debt relief, which freed funds to be used for arming the Nazi state.
The North German Lloyd steamship line, which was merged with Hamburg-Amerika Line, was one of the companies which stopped debt payments under a Hitler decree arranged by John Foster Dulles and Hjalmar Schacht.
Kuhn Loeb and Co.'s Felix Warburg carried out the Hitler finance plan in New York. Kuhn Loeb asked North German Lloyd bondholders to accept new lower interest steamship bonds, issued by Kuhn Loeb, in place of the better pre-Hitler bonds. The Opposition
New York attorney Jacob Chaitkin, father of coauthor Anton Chaitkin, took the cases of many different bondholders who rejected the swindle by Harriman, Bush, Warburg, and Hitler. Representing a women who was owed $30 on an old steamship bond--and opposing John Foster Dulles in New York municipal court--Chaitkin threatened a writ from the sheriff, tying up the 30,000 ton transatlantic liner Europa until the client received her $30. (New York Times, January 10, 1934, p. 31 col. 3).
The American Jewish Congress hired Jacob Chaitkin as the legal director of the boycott against Nazi Germany. The American Federation of Labor cooperated with Jewish and other groups in the anti-import boycott. On the other side, virtually all the Nazi trade with the United States was under the supervision of the Harriman interests and functionaries such as Prescott Bush, father of President George Bush.
Meanwhile, the Warburgs demanded that American Jews not `` agitate '' against the Hitler government, or join the organized boycott. The Warburgs' decision was carried out by the American Jewish Committee and the B'nai B'rith, who opposed the boycott as the Nazi military state grew increasingly powerful.
The historical coverup on these events is so tight that virtually the only expose@aa of the Warburgs came in journalist John L. Spivak's `` Wall Street's Fascist Conspiracy, '' in the pro-communist New Masses periodical (Jan. 29 and Feb. 5, 1934). Spivak pointed out that the Warburgs controlled the American Jewish Committee, which opposed the anti-Nazi boycott, while their Kuhn Loeb and Co. had underwritten Nazi shipping; and he exposed the financing of pro-fascist political activities by the Warburgs and their partners and allies, many of whom were bigwigs in the American Jewish Committee and B'nai B'rith.
Given where the Spivak piece appeared, it is not surprising that Spivak called Warburg an ally of the Morgan Bank, but made no mention of Averell Harriman. Mr. Harriman, after all, was a permanent hero of the Soviet Union.
John L. Spivak later underwent a curious transformation, himself joining the coverup. In 1967, he wrote an autobiography (A Man in His Time, New York: Horizon Press), which praises the American Jewish Committee. The pro-fascism of the Warburgs does not appear in the book. The former `` rebel '' Spivak also praises the action arm of the B'nai B'rith, the Anti-Defamation League. Pathetically, he comments favorably that the League has spy files on the American populace which it shares with government agencies.
Thus is history erased; and those decisions, which direct history into one course or another, are lost to the knowledge of the current generation.

[Steve Taylor]

A few excerpts from The Devil?s Chessboard, David Talbot, pgs. 25-28
  One of Dulles?s most important contacts in Europe was Thomas McKittrick, an old Wall Street friend who was president of the Bank for International Settlements.  BIS had been created by the world?s leading central banks to administer German reparations payments after World War I, but it soon took on a life of its own, transforming itself into a pillar of the emerging global financial system?By 1940, when McKittrick arrived in Switzerland to oversee the bank, it was effectively controlled by Hitler?s regime.  Five of its directors would later be charged with war crimes?The secretive BIS became a crucial partner for the Nazis?BIS laundered hundreds of millions of dollars in Nazi gold looted from the treasuries of occupied countries?Dulles connected with McKittrick as soon as he set foot on Europe, meeting with the BIS president in Lisbon, even before he reached Switzerland?Like Dulles, McKittrick was not popular with Roosevelt and his inner circle.  FDR?s Treasury Secretary, Henry Morgenthau Jr., developed a deep loathing for McKittrick, whom Morgenthau?s aide, Harry Dexter White, called ?an American bank president doing business with the Germans while our American boys are fighting the Germans?.  The Roosevelt administration moved to block BIS funds in the United States, but McKittrick hired Foster Dulles as legal counsel, who successfully intervened in the bank?s behalf?(Allen) Dulles and McKittrick continued to work closely together for the rest of the war.  In the final months of the conflict, the two men collaborated against a Roosevelt operation called Project Safehaven that sought to track down and confiscate Nazi assets that were stashed in neutral counties.  Administration officials feared that, by hiding their ill-gotten wealth, members of the German elite planned to bide their time after the war and would then try to regain power. 

The Bank of International Settlements is still in operation, and still up to their old tricks as evidenced in the following video by comic Lee Camp broadcast this past week.

[Steve Taylor]

 While many Wall Street brokers and American industrialists were financing the military build up of Mussolini and Hitler in Europe during the Great Depression, a similar, overlapping group was planning a coup d??tat against President Roosevelt in the US.  In both cases, the extremely rich were seeking to destroy any form of socialism, which in the US presented itself as Social Security and government jobs. 
  The following video outlines ?The Business Plot?. At 18:48 in the video we are introduced to Robert S. Clark, an heir of Singer Sewing Machine, who is one of the main financers of the plot.  Later, during WW2, Singer?s plants in Germany were manufacturing machine guns for the Nazis.  After the war, in 1953, George Bush founded Zapata Petroleum.  One of the key investors in Zapata was the Clark Family Estate, meaning the trustees who managed the Singer Sewing machine fortune.

   
 

[Steve Taylor]

I need to take a brief timeout from examining the past, and bring you up to date on the consequences of this history in 2018.  First, a comedic intro to the topic.  Then I will include a couple of references for further study.  Even I am shocked by all this:

https://changemaker.media/feature/how-21-trillion-in-tax-money-disappeared-audit-the-pentagon/

https://changemaker.media/feature/war-profiteers-vs-the-people-of-the-united-states/
   

[Steve Taylor]

  I haven't posted for awhile on this subject due to my duties at the school and a short vacation in Bangkok with the wife.  But the real reason for the delay in the next installments in this series is that I just don't have the energy right now to make my case properly.  An alternative overview of WW2; the assassination of FDR; the escapes of Hitler, Bormann and others to South America following the war should have been the next subjects.  I firmly believe that these events occurred and ultimately led to the conspiracy to assassinate Kennedy.  For those readers who are intrigued by the previous posts here, I encourage you to study ahead.

  But now, things are happening fast in USA/Russia relations that have me very concerned.  We are a couple years into Cold War 2.0 due to what the Russians perceive as American support for a Nazi regime in Ukraine.  I believe the Russian concern is valid.  The history of these Ukrainian groups goes back to WW2 when they were part of Waffen SS divisions, which helped murder 27 million Soviets. Combine that with NATO reneging on its 1990's treaty to expand eastward, encircling Russia; and the constant fake news regarding Russia that reminds me of the events surrounding 22 Nov 63, and I think we all have a problem in the making.

  Mueller's probe will probably have to wind up by election day and they really have nothing, but still the establishment politicians and media are falling over themselves to bash Russia and Trump.  I suppose the war against terror is nearly played out, and the defense establishment needs a new and revised boogeyman.  Maybe there won't be a major conflict with Russia, but the big guys need us to think there will be, while they vacuum up our tax dollars, as they did in the past.  I'm especially ashamed of what used to be the American left.  Does anyone remember the so called "Peace Dividend" we were supposedly going to recieve when the Soviet Union disintegrated?  I never saw a penny of that.

  The "battle of the elites" spoken about in the following video is between idiot Trump, "the human hand grenade" I secretly helped throw; and the deep state controlled by the Bushes.  Those who have bothered to read about our history will know why I held my nose and voted for this guy rather than Hillary, whose CIA nominee nearly wet his pants on tv openly advocating war with Russia.  In my opinion, there are no "good guys" in this battle. The battle between Trump and Bush is about two thugs fighting over the contents of your wallet and your minds.  The sorry-ass Democrats are just betting on the Bush side to win and represent nothing else.  There are some voices of reason like Bernie Sanders, Rand Paul and Tulsi Gabbard among others, but the corporate media/intelligence community is steamrolling those of us who have no free time to investigate these issues.  Contrary to the welcome sign over Auschwitz - Work Will NOT Set You Free.  I've included two links here, but I hope to inspire some of you to investigate on your own (if you have the time).

Maybe this is a crumb of good news:
https://consortiumnews.com/2018/07/05/corporate-medias-about-face-on-ukraines-neo-nazis/
 

[Richard Rubio]

3 of the top snipers in the Soviet Army were Ukrainian,  the top female sniper in the Red Army was Ukrainian, Khrushchev was Ukrainian.

The Kremlin cooperated with the Nazis to take over Poland.

The Kremlin starved millions in Ukraine, Stalin killed a lot more than Hitler.

So, this is just propaganda to go after Ukraine.

Russia is the 139th out of 180 countries for Freedom of the Press, Russia can not even enter the last Olympics as a country because of their doping.  The country is so crooked. I'll break out the Vladimir Putin likes little boys stories that are out there, as a counter. This is why the spy Livchenko was killed. Russia bombed its own people to justify a war in Chechnya.

Let's not forget, Russia's birthrate is back down, ISLAM will take over Russia.

If one wants to post way out stories, I've got plenty.