-Caveat Lector-
Begin forwarded message:
From: [EMAIL PROTECTED]
Date: July 26, 2007 11:26:32 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Prescott Bush and "Daddy Warbucks" (Warburg)
http://www.tarpley.net/bush2.htm
In many ways, [Prescott] 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 [EMAIL PROTECTED]@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 [EMAIL PROTECTED]@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-
[EMAIL PROTECTED] 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 [EMAIL PROTECTED]@aa Hjalmar Schacht together made the final
arrangements for Hitler to enter the [EMAIL PROTECTED]@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
[EMAIL PROTECTED]@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 [EMAIL PROTECTED]@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. ''@[EMAIL PROTECTED]
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 [EMAIL PROTECTED]@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. ''@[EMAIL PROTECTED]
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. ''@[EMAIL PROTECTED]
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
pro-Nazi newspapers in the U.S.A., as it had done in Germany
against the constitutional German [EMAIL PROTECTED]@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. ''@[EMAIL PROTECTED]
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.
----------
http://raenergy.igc.org/bnt.html
January 4, 1933: Hitler is invited to the Schroeder Bank by a
group of industrialists. The industrialists gave Hitler the money
to overcome his financial problems, in turn for a pledge to break
the German trade unions. Present at this meeting were two
Americans -- John Foster Dulles and Allen Dulles.
January 30, 1933: Von Hindenburg appoints Hitler Chancellor of
Germany, and the Nazis immediately move to seize dictatorial power
through a national emergency-based coup d'etat. They begin
planning to burn the Reichstag and take over the government.
March 23, 1933: Hitler becomes dictator of Germany after his
proposed act, "Law for Removing the Distress of the People and the
Reich," is passed 441 to 84. The law essentially suspends
freedoms, legislates democracy out of existence, and establishes
his legal dictatorship.
Max Warburg is selected by Prescott Bush to be the American Ship &
Commerce Line official representative on the board of the Hamburg-
Amerika Line. Warburg was a long time advisor of Hjalmar Schacht,
the Nazi’s Economic Minister and an executive in the Reichsbank.
Warburg was also a close friend with Montagu Norman.
An agreement to coordinate all trade between Germany & America was
reached in Berlin after negotiations between Hitler’s Economics
Minister, Hjalmar Schacht & John Foster Dulles. As a result Oliver
Harriman, Averell’s cousin, formed a syndicate of 150 firms to
conduct all business between Germany and the United States.
<snip>
1948: Fritz Thyssen's life is in ruins. He has been jailed by the
Nazis, jailed by the Allies, and interrogated by US investigators.
Thyssen and Flick are ordered to pay reparations, and serve time in
prison.
1950: Prescott Bush is defeated in his first political race, due
to his background.
February 8, 1951: Fritz Thyssen dies in exile in Argentina at the
age of 78. The Alien Property Custodian releases the assets of the
Union Banking Corporation to Brown Brothers Harriman. The
remaining stockholders cash in their stock, quietly liquidating the
rest of UBC's blood money. Prescott Bush receives $1.5 million for
his UBC holding. Bush uses that money to help his son, George
Herbert Walker Bush, set up his first royalty firm, Overby
Development Company, that same year.
1952: Prescott Bush is elected to the U.S. Senate, and is
instrumental in the Republican Party's selection of Richard Milhaus
Nixon as vice presidential candidate.
1953: John Foster Dulles is appointed Secretary of State, Allen
Dulles Director of the CIA.
With money from Brown Brothers and Harriman, George Herbert Walker
Bush forms Zapata Petroleum, a front for the CIA [later involved in
logistical support for the Bay of Pigs invasion].
----------
Max Warburg
Max M. Warburg (5 June 1867 - 26 December 1946) was a German banker
and was, from 1910 until 1938, director of M. M. Warburg & Co. in
Hamburg, Germany. Prior to his directing of the Warburg banking
company, he developed appranticeships in Frankfurt, Amsterdam,
Paris and London. As head of that important firm, he advised Kaiser
Wilhelm II prior to World War I. In the 1930s, despite the rise of
the Nazi Party, Warburg felt there was hope for a better future in
Germany and from 1933 served on the board of the German Reichsbank
under governor Hjalmar Schacht. Because however he was Jewish, he
ultimately had to sell the bank under duress and emigrate in 1938
to the United States.
Max Warburg was also a member of the board of the industrial
conglomerate IG Farben from its inception in 1925 until he was
ousted for his Jewishness. (Under new Nazi laws, IG Farben would
count as a 'Jewish company' and would face likely confiscation if
Jewish board members were not removed).
Paul Warburg
Paul Moritz Warburg (August 10, 1868 - January 24, 1932) was a
German-American banker and early advocate of the U.S Federal
Reserve system.
Warburg was born into a successful Jewish banking family in
Hamburg, Germany. He and his brothers Max Warburg and Felix Warburg
were partners in the family firm of M. M. Warburg & Co., but while
Max remained in Germany as head of that business, Felix and Paul
moved to New York City in 1901, where they purchased partnerships
in the investment firm of Kuhn, Loeb & Co., where at the time, the
influential Jacob Schiff was senior partner.
Paul Warburg became known as a persuasive advocate of central
banking in America, in 1907 publishing "Defects and Needs of Our
Banking System" in the New York Times and "A Plan for A Modified
Central Bank". His efforts were successful in 1913 with the
founding of the United States' Federal Reserve, to which he was
appointed a member of the first Federal Reserve Board by President
Woodrow Wilson.
In 1919 he founded and became first chairman of the American
Acceptance Council. He became a director of the Council on Foreign
Relations at its founding in 1921, remaining on the board till 1932.
In 1921, he organized and became first chairman of the
International Acceptance Bank of New York, then the world's largest
acceptance bank. In 1929, International Acceptance was acquired by
Bank of Manhattan, with Warburg becoming chairman of the combined
organization.
The cartoon character, "Daddy" Oliver Warbucks in the Little Orphan
Annie series, was purportedly inspired by the life and times of
Paul Warburg. The Paul M. Warburg chair in Economics at Harvard
university was named in his honour, a title which is currently held
by Professor Robert J. Barro.
His son James was a financial adviser to Franklin D. Roosevelt in
the first years of his presidency.
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