A Study in the

Hegemony of Parasitism


Eustace Mullins

Published by :

Ezra Pound Institute of Civilization

P.O. Box 1105

Staunton, VA 24401

Books by Eustace Mullins






First Edition

Library of Congress Catalog Card No. 84-082357

Copyright 1985

Eustace Mullins

dedicated to the memory of Haroldson Lafayette Hunt


I wish to thank the staffs of the following institutions for their unfailing courtesy, cooperation

and assistance in the preparation of this work :






First Foreword

When he was proffered the cup of hemlock by his fellow-citizens, Socretes’

last words were, “Crito, I owe a cock to Asclepius; will you remember to pay the

debt ?” A gentleman is responsible for his obligations, and this book is the

repayment of the efforts of three great men who chose me as their protege – Ezra

Pound, the dominant literary figure of our time; George Stimpson, the most

respected journalist in Washington (the title has been vacant since his death); and

H.L. Hunt, whose spectacular business success blinded the public to his brilliant

philosophical achievements. It was H.L. Hunt who invented the term “The

Mistaken” for the self-corrupted members of the new class who now control our

world – he might have added that they could also be described as “The

Misshapen”, because of their warped and perverted sense of values.

The present work is also an expression of another Greek attitude – gratitude

for life. Michael Lekakis introduced this astounding Greek attribute to me some

thirty years ago. I describe it as “astounding”, because no one today thinks of

being grateful for life. Who can conceive of “gratitude for life” in an existence of

eternal and worldwide slavery imposed upon humanity by the minions of the

World Order ?

In “The Greek Way”, Edith Hamilton says, “Tragedy was a Greek creation

because in Greece thought was free.” We do not have tragedy today because of the

thought control imposed by the World Order. Instead, we have “Newspeak” and

“doublethink” in the world of 1989. I was privileged to sit in on a number

conversations between Edith Hamilton and Ezra Pound, in which the conversation

was uninhibited and far-reaching – freedom of thought in a federal institution in

which one of the talkers was held as a political prisoner ! Pound describes these

talks in “The Cantos”,

“And they want to know what we talked about ?

'de litteris et de armis, praestantibusque ingeniis.”

Nietzsche also discoursed on “tragic pleasure”, which no longer exists,

because the World Order, in its anxiety to maintain control of every aspect of our

lives, has banned passion. As a poor substitute, it gives us drugs and degeneracy.

There are many facts in this book which you, the reader, will not wish to

accept. I ask you to accept nothing, but to make your own investigations. You

may find even more astonishing true facts than I have managed to glean in thirtyfive

years of intensive and in-depth research.

Finally, we have Edith Hamilton’s rendering of Socrates’ most notable

admonition, “Agree with me if I seem to you to speak the truth; or, if not,

withstand me might and main that I may not deceive you as well as myself in my

desire, and like the bee leave my sting in you before I die. And now let us


Eustace Mullins,

November 1, 1984

Second Foreword



My search for the names and addresses of the secret rulers of the world became a

mediaeval quest to find the Holy Grail which would fling open the doors of

freedom for the oppressed and betrayed peoples of the world, particularly those in

my own country. These World Order minions fear exposure more than they fear

armed force or a legal system which would punish them for their crimes against


I discovered that the hidden manipulators of the World Order had

maintained their power by a very simple technique, which I have likened to a

masked ball. The masque enables the Gnostics, the Knowing Ones, to identify their

freinds and enemies because they alone know who is wearing what costume. It is a

masquerade which depends entirely upon disguise, that is, on things which are not

what seem. H.T. Martineau wrote in 1833, in "Three Ages", 1.1 "A troop of

gentlemen, whose country could not be divined from their complexions, since each

wore a mask." Persons whose country cannot be divined from their complexions -

bandits wore a mask to prevent their victims from identifying them.

The bandits of the World Order have succedded in robbing the whole world

through the technique of the bal masque, the disguise which enables them to carry

on their Satanic work without being identified and prosecuted. The bal masque is

the ideal vehicle for this program, because the World Order gained its present

power in Europe of the nineteenth century. It was a truism among the old

European aristocracy that "Balls are given for those who are not invited". The

guest attend because of duty or career, to spend an evening in the company of

boring persons when they would much rather be elsewhere. the reward of being a

guest at a bal masque is to be one of the Knowing Ones, those who know which

masque hid the face of the King, which costume is that of the Grand Vizier. The

other guests never knew whether they were talking to a mere coutier, or to a

powerful personage. The masses, with their faces pressed against the windows of

ythe ballroom, know none of the celebrants, and will never know. This is the

technique of the World Order, to be masked in mystery, with its hierarchy

protected by their anonymity and their masks, so that those who revolt will strike

out against the wrong targets, insignificant officials who are expendable.

The World Order record is one of horror, as the ghosts of the massacred

billions cry out for retribution. Its true nature is described by that master of the

macabre, Edgar Allan Poe, in "The Masque of the Red Death". "While the

pestilence raged most furiously abroad, the Prince Prospero entertained his

thousand friends at a masked ball of the most unusual magnificence... And now

was acknowledged the presence of the Red Death. He had come like a thief in the

night. And one by one dropped the revelers in the blood-bedewed halls of their

revel, and died each in the despairing posture of his fall. And Darkness and Decay

and the Red Death held illimitable dominion over all." What Poe depicts is what is

actually happening to the present world under the ministrations and conspiracies of

the World Order - increasing pollution, disease and famine ending in worldwide

desolation and the disappearance of our species. What is the alternative ? We can

survive by ripping the mask off the face of the Red Death, and by sending him

back to that hell from which he came. God made the earth for living, and we are

overdue in our attack on the Brotherhood of Death. We must not be inveigled into

more contrived "wars" for the profit of the World Order, nor can we afford to

continue to be misled by their control over the media, the education process, and

our governmental institutions.

CHAPTER ONE The Rothschilds

In its issue of Dec. 19, 1983, Forbes Magazine noted that “Half of

Germany’s top ten banks are Frankfurt based.” The modern world’s financial

system, an updating of the Babylonian monetary system of taxes and money

creation, was perfected in Frankfurt-on-Main, in the province of Hesse. Mayer

Amschel Bauer (later Rothschild) discovered that although loans to farmers and

small businesses could be profitable, the real profits lay in making loans to

governments. Born in Frankfurt in 1743, Mayer Amschel married Gutta

Schnapper. He served a three year apprenticeship in Hanover at the Bank of

Oppenheim. During this period, he had occasion to be of service to Lt. Gen.

Baron von Estorff. Von Estorff was the principal adviser to Landgrave Frederick

II of Hesse, the wealthiest man in Europe. Frederick was worth from 70 to 100

million florins, much of it inherited from his father, Wilhelm the Eighth, brother of

the King of Sweden. Baron von Estorff advised the Landgrave that Mayer

Amschel showed an uncanny ability to increase money through his investments.

The Landgrave immediately sent for him.

At this time, King George III was trying to put down the American

Rebellion. His troops were being outfought by the hardy Americans, who were

accustomed to wilderness battles. Mayer Amschel arranged for King George to

hire 16,800 sturdy young Hessian soldiers from the Landgrave, a considerable

addition to the Hesse’s fortune. This advantageous relationship came to a halt with

the sudden death in 1785 of the Landgrave, who was only twenty-five years old.

However, Mayer Amschel attained absolute influence over his successor, Elector

Wilhelm I, who, like Mayer Amschel, had also been born in 1743. It was said that

they were like two shoes, so well did they go together. It was a pleasant change

from Mayer Amschel’s relationship with the former Landgrave, who had been a

very difficult and demanding person. In fact, the Landgrave’s sudden death had

luckily placed Mayer Amschel in charge of the largest fortune in Europe.

As he prospered, Mayer Amschel placed a large red shield over his door of

the house in the Judengasse, which he shared with the Schiff family. He took the

name “Rothschild” from his sign. In 1812, when he died, he left one billion franks

to his five sons. The eldest, Anselm, was placed in charge of the Frankfort bank.

He had no children, and the bank was later closed. The second son, Salomon, was

sent to Vienna, where he soon took over the banking monopoly formerly shared

among five Jewish families, Arnstein, Eskeles, Geymüller, Stein and Sina. The third

son, Nathan, founded the London branch, after he had profited in some

Manchester dealings in textiles and dyestuffs which caused him to be widely feared

and hated. Karl, the fourth son, went to Naples, where he became head of the

occult group, the Alta Vendita. The youngest son, James, founded the French

branch of the House of Rothschild in Paris.

Thus strategically located, the five sons began their lucrative operations in

government finance. Today, their holdings are concentrated in the Five Arrows

Fund of Curacao, and the Five Arrows Corp. Toronto, Canada. The name is taken

from the Rothschild sign of an eagle with five arrows clutched in its talons,

signifying the five sons.

The first precept of success in making government loans lies in “creating a

demand”, that is, by taking part in the creation of financial panics, depressions,

famines, wars and revolutions. The overwhelming success of the Rothschilds lay in

their willingness to do what had to be done. As Frederic Morton writes in the

Preface to “The Rothschilds”, “For the last one hundred and fifty years, the history

of the House of Rothschild has been to an amazing degree the backstage history of

Western Europe.... Because of their success in making loans not to individuals but

to nations, they reaped huge profits.... Someone once said that the wealth of

Rothschild consists of the bankruptcy of nations.”

In “The Empire of the City”, E.C. Knuth says, “The fact that the House of

Rothschild made its money in the great crashes of history and the great wars of

history, the very periods when others lost their money, is beyond question.”

On July 8, 1937, the New York Times noted that Prof. Wilhelm, a German

historian, had said, “The Rothschilds introduced the rule of money into European

politics. The Rothschilds were the servants of money who undertook the

reconstruct the world as an image of money and its functions. Money and the

employment of wealth have become the law of European life; we no longer have

nations, but economic provinces.”

On June 4, 1879, the New York Times noted, “Baron Lionel N. de

Rothschild, head of the world famous banking house of Messrs. Rothschild & Co.

died at the age of 71. He was son of the late Baron N.M. Rothschild who founded

the house in London in 1808 and died in 1836. His father came to the conclusion

that in order to perpetuate the fame and power of the Rothschilds, which had

already become worldwide, it was necessary that the family be kept together, and

devoted to the common cause. In order to do this, he proposed that they should

intermarry, and form no marital unions outside the family. A council of the heads

of the houses was called at Frankfurt in 1826, end the views of Baron Nathan were


In “The Rothschilds: the Financial Rulers of Nations,” John Reeves writes,

“The first occasion in which Nathan assisted the English government was in 1819,

when he undertook the loan of $60 million; from 1818-1832 Nathan issued eight

other loans totalling $105,400,000; he subsequently issued eighteen Government

loans totalling $700 million. To the Rothschilds, nothing could have occurred

more propitiously than the outbreak of the American revolt and the French

Revolution, as the two enabled them to lay the foundation of the immense wealth

they have since acquired. The House of Rothschild was (and is) the ruling power in

Europe, for all the political powers were willing to acknowledge the sway of the

great financial Despot, and, like obedient vassals, pay their tribute without

murmur.... Its influence was so all-powerful that it was a saying, no war could be

undertaken without the assistance of the Rothschilds. They rose to a position of

such power in the political and commercial world that they became the Dictators of

Europe. To the public the archives of the family, which could throw so much light

upon history, are a profound secret, a sealed book kept well hidden.”

On July 27, 1844, Mazzini said, “Rothschild could be King of France if he so

desired.” The Jewish Encydopedia noted (1909 edition), “In the year 1848 the

Paris house (of Rothschild) was reckoned to be worth 600,000,000 francs as against

352,000,000 francs held by all the other Paris bankers.”

Prof. Werner Sombart wrote, “The principal loan floaters of the world, the

Rothschilds, were later the first railway kings. The period of 1820 onwards became

the 'Age of the Rothschilds’ so that at the middle of the century it was a common

dictum : There is only one power in Europe and that is Rothschild.” (Jews and

Modern Capitalism).

Hearst’s Chicago Evening American commented, Dec. 3, 1923, “The

Rothschilds can start or prevent wars. Their word could make or break empires.”

Reeves notes, “The fall of Napoleon was the rise of Rothschild.” Napoleon

was later slowly poisoned to death with arsenic by a Rothschild agent. They had no

need of another “return from exile”.

The New York Evening Post noted July 22, 1924, “The Kaiser had to

consult Rothschild to find out whether he could declare war. Another Rothschild

carried out the whole burden of the contlict which overthrew Napoleon.”

The Kaiser’s Chancellor, Bethmann-Hollweg, who actually precipitated

World War I, was a member of the Frankfort banking family, Bethmann, and a

cousin of the Rothschilds.

After the fall of Napoleon, Salomon persuaded the ruler of Austria to issue

patents of nobility to the five brothers. The Congress of Vienna was the

emergence of the moth from its cocoon. The diktat of this Congress was a simple

one – the aristocracies of Europe must submit to our will, or they are doomed.

The death sentence upon the noble lines of Europe was pronounced by those who

had the will to carry out their edict. It took another century to perfect the work,

not because the killers were weak, but because they wished to proceed cautiously,

without revealing their full strength. In combat, the decisive weapon is the one

your opponent does not know about.

It was not necessary to pronounce a death sentence upon the ruling families

of America, because there were none. During the 19th century, a few descendants

of colonial entrepreneurs had amassed wealth, and could afford a life of leisure and

travel. They remained slavishly dependent upon Continental arbiters in every

matter requiring personal taste and judgment. Because they had no guiding

philosophy, and no program, this American “upper class” never made it to the top

of the stairs. They remained “below stairs” as servants of the London princes of

the World Order. Their self-abasement not only manifested itself in an unusually

high rate of suicide, but also in the slower forms of self-destruction, alcoholism,

drug addiction, and homosexuality. Homosexuality is not so much a type of sexual

drive as it is the expression of deeper needs, the desire for self-degradation, or the

seeking of a partner whom one can humiliate and degrade. It could hardly be

unexpected that such a “ruling class” would eagerly hail the twentieth century

crusade to enthrone Communism as the vehicle of the World Order.

In their quest for wealth, the Rothschilds did not overlook either the small

farmer or the stockpiling and wholesaling of grain. They developed a “farm loan”

system which has been the curse of the farmers for more than a century. R.F.

Pettigrew noted in the British Guardian, “This system of banking (causing the

ultimate ruin of all those who cultivate the soil) was the invention of Lord

Overstone, with the assistance of the Rothschilds, bankers of Europe.”

One of their greatest triumphs was the successful outcome of the

Rothschilds’ protracted war against the Russian Imperial Family. The family name

of the Romanovs was derived from Roma Nova, New Rome. It embodied the

ancient prophecy that Moscow was to become “the New Rome.” The family

originated with Prince Prus, brother of Emperor August of Rome, who founded

Prussia. In 1614, Michael became the first Romanov Czar.

After the fall of Napoleon, the Rothschilds turned all their hatred against the

Romanovs. In 1825, they poisoned Alexander I; in 1855, they poisoned Nicholas

I. Other assassinations followed, culminating on the night of Nov. 6, 1917, when a

dozen Red Guards drove a truck up to the Imperial Bank Building in Moscow.

They loaded the Imperial jewel collection and $700 million gold, loot totalling more

than a billion dollars. The new regime also confiscated the 150 million acres in

Russia personally owned by the Czar.

Of equal importance were the enormous cash reserves which the Czar had

invested abroad in European and American banks. The New York Times stated

that the Czar had $5 million in Guaranty Trust, and $1 million in the National City

Bank; other authorities stated it was $5 million in each bank. Between 1905 and

1910 the Czar had sent more than $900 million to be deposited in six leading New

York banks, Chase, National City, Guaranty Trust, J.P. Morgan, Hanover, and

Manufacturers Trust. These were the principal banks controlled by the House of

Rothschild through their American agents, J.P. Morgan, and Kuhn, Loeb Co.

These were also the six New York banks which bought the controlling stock in the

Federal Reserve Bank of New York in 1914. They have held control of the stock

ever since.

The Czar also had $115 million in four English banks. He had $35 million

in the Bank of England, $25 million in Barings, $25 million in Barclays, and $30

million in Lloyd’s Bank. In Paris, the Czar had $100 million in Banque de France,

and $80 million in the Rothschild Bank of Paris. In Berlin, he had $132 million in

the Mendelsohn Bank, which had long been bankers to Russia. None of these

sums has ever been disbursed; at compound interest since 1916, they amount to

more than $50 billion. Two claimants later appeared, a son, Alexis, and a daughter,

Anastasia. Despite a great deal of proof substantiating their claims, Peter Kurth

notes in “Anastasia” that “Lord Mountbatten put up the money for court battles

against Anastasia. Although he was Empress Alexandra’s nephew, he was the

guiding force behind Anastasia’s opposition.” The Battenbergs, or Mountbattens,

were also related to the Rothschild family. They did not wish to see the Czar’s

fortune reclaimed and removed from the Rothschild banks.

Kurth also notes “In a 1959 series on the history of the great British banks,

for example, the Observer of London remarked of Baring Brothers, 'The

Romanovs were among their most distinguished clients. It is affirmed that Barings

still holds a deposit of more than forty million pounds that was left them by the

Romanovs. Anthony Sampson editor in chief, said no protests were made. This

story is generally considered to be true.”

In the early 19th century, the Rothschilds began to consolidate their profits

from government loans into various business ventures, which have done very well.

Fortuitous trading on the London Stock Exchange after Waterloo gave Nathaniel

Mayer Rothschild a sizeable portion of the Consols which formed the bulk of the

deposits of the Bank of England. Joseph Wechsberg notes in “The Merchant

Bankers”, “There is the Sun Alliance life insurance company, most aristocratic of

all insurance companies, founded by Nathan Rothschild in 1824; Brinco, the

British Newfoundland corp., founded by the British and French Rothschilds in

1952; the Anglo-American corp.; Bowater, Rio Tinto and others.”

Not only does the bank rate of the Bank of England affect the interest rates

in other nations; the price of gold also plays a crucial role in the monetary affairs

of nations, even if they are no longer on the gold standard. The dominant role

played by the House of Rothschild in the Bank of England is augmented by

another peculiar duty of the firm, the daily fixing of the world price of gold. The

News Chronicle of Dec. 12, 1938, describes this ritual : “The story of the goldfixing

has often been told. How every weekday at 11 a.m. the representatives of

five firms of bullion brokers and one firm of refiners meet at the office of Messrs.

Rothschild (except on Saturday) and there fix the sterling price of gold. There is,

however, a great deal of activity which lies behind his final act – this centralization

of the demand for, and the supply of gold in one office and the fixing of the price

of gold on that basis. A price of gold is first suggested, probably by the

representative of Messrs. Rothschild, who also acts for the Bank of England and

the Exchange Equalization Account.”

The banking houses privileged to meet with the Rothschilds to set the world

price of gold are known as “the Club of Five”. In 1958, they were : N.M.

Rothschild, Samuel Montagu, Mocatta and Goldsmid, Sharps Pixley, and Johnson,


In 1961, the London Accepting Houses operating by approval of the

Governor of the Bank of England were : Barings; Brown, Shipley; Arbuthnot

Latham; Wm. Brandt’s & Sons; Erlangers; Antony Gibbs & Co.; Guinness

Mahon Hawkins; S. Japhet; Kleinwort & Sons; Lazard Bros.; Samuel Montagu;

Morgan Grenfell; N.M. Rothschild; M. Samuel; J. Henry Schroder; and S.G.

Warburg. These chosen firms rule the financial establishment in “the City” of


In 1961, the leading business groups in England were listed by Wm. M.

Clarke as : 1. Morgan Grenfell Ltd. (Lord Bicester) the Peabody J.P. Morgan firm;

2. Jardine Mathieson; 3. Rothschild-Samuel-Oppenheimer, comprising Rio Tinto,

British South Africa Co., Shell Peteroleum, Brinco (British Newfoundland Corp.);

4. Lazard Brothers-Shell, English Electric, Canadian Eagle Oil; 5. Lloyd’s Bank; 6.

Barclay’s Bank; 7. Peninsular & Orient Lines; 8. Cunard; 9. Midland Group –

Eagle Star – Higginson (Cavendish-Bentinck); 10. Prudential; 11. Imperial

Chemical Industries; 12. Bowater; 13. Courtauld’s; 14. Unilever.

Although this list shows the Rothschild group as only one of fourteen, in

fact they hold large positions or influence in the other groups of this list.

In 1982, the principal directorships held by the London Rothschilds were :

Lord Rothschild – N.M. Rothschild & Sons, Arcan N.V. Curacao, chmn.

Rothschild’s Continuation, and Rothschild Inc. USA. Edmund Leopold de

Rothschild – N.M. Rothschild & Sons, Alfred Dunhill Ltd., Rothschild

Continuation, Rothschild Trust, Rothman’s International, chmn Tokyo Pacific

Holdings NV; Baron Eric Rothschild – N.M. Rothschild & Sons; Evelyn de

Rothschild – chmb N.M. Rothschild & Sons, DeBeers Consolidated Mines Ltd.

South Africa, Eagle Star Insurance Co., chmn The Economist Newspaper Ltd.,

IBM UK Ltd., La Banque Privee S.A., Manufacturers Hanover Ltd., Rothschild

Continuation Ltd., chmn United Race Courses Ltd; Leopold de Rothschild – N.M.

Rothschild & Sons, Alliance Assurance Co., Bank of England, The London

Assurance, Rothschild Continuation Ltd; Rothschild Continuation Holdings AG

Switzerland, Sun Alliance and London Assurance Co., Sun Insurance Office Ltd.

The British firms comprising the major basis of the Rothschild fortune are :

Sun Alliance Assurance, Eagle Star, DeBeers, and Rio Tinto. Eagle Star’s directors

include Duncan Mackinnon, of Hambro Investment Trust; Earl Cadogan, whose

mother was a Hambro; Sir Robert Clark, chmn. Hill Samuel Co.; Marquess

Linlithgow (Charles Hope) whose mother was a Milner – he married Judith Baring;

Evelyn de Rothschild; and Sir Ian Stewart of Brown Shipley Co., who has been

parliamentary private secretary to the Chancellor of the Exchequer since 1979.

DeBeers directors include Harry F. Oppenheimer, Sir Philip Oppenheimer,

A.E. Oppenheimer, N.F. Oppenheimer, Baron Evelyn de Rothschild, and Sidney

Spiro. Spiro is also a director of Rio Tinto, Hambros Bank, Barclays Bank, and

Canadian Imperial Bank of Commerce. DeBeers interlocks with Anglo-American

Corp. of South Africa, of which Harry F. Oppenheimer is chairman, and Anglo-

American Gold Investment Co. of which Julian Ogilvie Thompson is chairman,

and Harry F. Oppenheimer director.

DeBeers interlocks with Hambros Bank, whose chmn. is Jocelyn Hambro;

directors are R.N. Hambro, C.E. Hambro, Hon. H.W. Astor, Sir Ian Morrow,

chmn. UKO Int. and The Laird Group, International Harvester, Rolls Royce, and

the Brush Group; J.M. Clay, director of the Bank of England; Mark Weinberg,

and Sidney Spiro.

Rio Tinto’s chmn. is Sir Anthony Tuke; he is also chmn. Barclay’s Bank, and

member Trilateral Commission. Directors are Lord Shackleton, Lord Privy Seal,

chmn. RTZ Dev. Corp.; Lord Charteris of Amisfield, grandson of Earl of Wemys,

married to daughter of Viscount Margesson, private secretary to Queen Elizabeth,

director of Claridge’s Hotel, and Connaught Hotel; Sir David Orr, chmn.

Unilever; and Sidney Spiro, Hambros Bank.

The principal Rothschild firm is Sun Alliance Assurance, which Nathan

Mayer Rothschild founded in 1824, with Sir Alex Baring, Samuel Gurney, and Sir

Moses Montefiore, with an initial capital of five million pounds. Chmn. of Sun

Alliance is Lord Aldington (Toby Low) who is also chmn. Westland Aircraft,

director of Citibank, Citicorp, and Ge Ltd; Lord Aberconway, dep. chmn.; H.V.A.

Lambert, chmn. Barclay’s Bank; Earl of Crawford (Robert A. Lindsay, whose

mother was a Cavendish – he is also chmn. National Westminister Bank, former

private secretary to the Secretary of Treasury. Minister of State for Defense,

Minister of State for Foreign and Commercial Affairs; Lord Astor, whose mother

was the daughter of Earl of Minto – he is the former chairman of The Times; Sir

Charles Ball, of Kleinwort Benson, also director of Chubb & Sons., Barclay’s Bank,

Cadbury Schweppe; Sir Alan Dalton, director Natl. Westminster Bank; Duke of

Devonshire (his mother was a Cecil, one of England’s three ruling families since

the Middle Ages; Sir Derek Holden-Brown, chmn. Allied Breweries, director

Hiram Walker; J.N.C. James, trustee Grosvenor Estates, which owns large sections

of London; Henry Keswick, chmn. Matheson & Co.; Lord Kindersley, exec.

director of Lazard Bros., director of Marconi, English Electric, British Match,

Swedish Match; Sir Peter Matthews, chmn. Vickers; J.M. Ricchie, chmn. British

Enkalon, director of Vickers, Bowater Ltd.; Evelyn de Rothschild, chmn. N.M.

Rothschild & Sons.

The Rothschilds have had a large position in Vickers for many years. Chmn.

is Sir Peter Matthews, also director Lloyd’s Bank and Sun Alliance; directors are T.

Neville; Baron Braybrooke; Earl of Warwick (the Salisburys, one of three ruling

families in England); Sir Alastair Frame, chief exec. Rio Tinto Zinc, director of

Plessey & Co. UK, and the Atomic Energy Authority. Chmn. of Vickers in 1956

was Edward Knollys, son of the private secretary to King Edward VII forty years,

& George V 5 years.

For more than a century, a widespread belief has been deliberately fostered

in the United States that the Rothschilds were of little significance in the American

financial scene. With this cover, they have been able to manipulate political and

financial developments in this country to their own advantage. In 1837, the

Rothschilds let their American representative, W.L. & M.S. Joseph, go bankrupt in

the Crash, while they threw their cash reserves behind a newcomer, August

Belmont, and their secret representative, George Peabody of London.

Bermingham notes in “Our Crowd”, “In the Panic of 1837, Belmont was able to

perform a service which he would repeat in subsequent panics, thanks to the

hugeness of the Rothschild reservoir of capital, to start out in America operating

his own Federal Reserve System.”

After 1837, August Belmont (Schönberg) was publicly advertised in the

financial press as the American representative of the Rothschilds. When Belmont

participated in a financial operation, everyone knew that the Rothschilds were

involved. When Belmont took no part, and the transaction was handled by J.P.

Morgan & Co., and or by Kuhn, Loeb Co., everyone “knew” that the Rothschilds

were not involved.

George Peabody had established his business in England through his

connection with Brown Bros. (now Brown Bros. Harriman and Brown, Shipley).

He had become an unidentified agent for Lord Rothschild as early as 1835.

Although there is no statue of George Peabody in the Wall Street area, there is one

in London, just opposite the Bank of England. George Peabody became “the

favorite American” of Queen Victoria. His old lunchbox occupies a prominent

place in the London office of Morgan Stanley to this day. By 1861, George

Peabody had become the largest trader of American securities in the world. To put

pressure on the Lincoln government, he began unloading them and driving prices

down. At the same time, J.P. Morgan, allied with Morris Ketchum, was depleting

the American gold supply by shipping it to England. He ran the price from $126

ounce to $171 ounce, reaping a good profit, and putting more financial pressure on

the Lincoln government. This was one of many financial operations directed by

the Rothschilds for their own political and financial goals. As George Peabody had

no son to take over his firm, he took on Junius Morgan as partner; Junius’ son

John Pierpont Morgan, became known as “the most powerful banker in the

world”, although his principal role was to secretly carry out commissions for the

House of Rothschild.

The New York Times, Oct. 26, 1907, noted in connection with J.P.

Morgan’s actions during the Panic of 1907, “In conversation with the New York

Times correspondent, Lord Rothschild paid a high tribute to J.P. Morgan for his

efforts in the present financial juncture in New York. ‘He is worthy of his

reputation as a great financier and a man of wonders. His latest action fills one

with admiration and respect for him.’ ”

This is the only recorded instance when a Rothschild praised any banker

outside of his own family.

On March 28, 1932, the New York Times noted, “London : N.M. Victor

Rothschild, twenty-one-year-old nephew of Baron Rothschild, is going to the

United States soon to take a post with J.P. Morgan & Co., it was learned tonight. It

is usual for progressive British bankers to send their young men to western states

temporarily, one of the most notable believers in the practice being the Anglo-

American banking house of J. Henry Schroder & Co.”

The Morgan-Rothschild connection explains the otherwise

incomprehensible mystery of why J.P. Morgan, famed as “the most powerful

banker in the world”, left such a modest fortune at his death in 1913, a mere $11

million after his debts were secured. Although the present members of the Morgan

family seem financially secure, none of them is counted among the “big rich”.

In “Brandeis, A Free Man’s Life”, Arpheus T. Mason notes, “Young Adolph

Brandeis (Justice Brandeis’ father) arrived in New York, travelled for awhile in the

East and then went on to the Midwest. Young Brandeis’ pleasure and facility in

travel were greatly enhanced by the companionship of a young friend of the Wehles

then on a business trip to the United States to secure information about American

investments for the House of Rothschild. Thanks to his companion’s contacts and

letters of introduction, Adolph saw places and met people not accessible to most


Bermingham notes in “Our Crowd”, “In the autumn of 1874, Baron

Rothschild summoned Isaac Seligman to his office – some $55 million of U.S.

Bonds were to be offered by three houses, the House of Seligman, the House of

Morgan, and the House of Rothschild.” This was the first time that the Seligmans

had been asked to participate in an issue with the Rothschilds. They were more

than grateful, and thus another ally of the Rothschilds began to operate in America.

A notable advantage of J.P. Morgan’s work for the House of Rothschild was

the carefully cultivated belief that Morgan, if not openly “anti-Semitic”, avoided

participating in operations with Jewish banking firms, and that his firm would not

hire anyone of Jewish background. It was the same deception which Nathan Mayer

Rothschild had hired Morgan’s predecessor, George Peabody, to perform in

London. It was a traditional belief on Wall Street that if you wished to deal with a

“gentiles only” firm, you went to J.P. Morgan; if you wanted a Jewish firm, there

were a number of houses available, but the most influential, by far, was Kuhn,

Loeb Co. In either case, the customer was never made aware that he was dealing

with an American representative of the House of Rothschild.

Jacob Schiff, who brought the Kuhn, Loeb firm to its preeminent role in

American finance, was born in the Rothschild house at 148 Judengasse, Frankfort,

which the Rothschilds shared with the Schiff family. In 1867, Abraham Kuhn and

Solomon Loeb, two Cincinnati dry goods merchants, founded the banking house

of Kuhn, Loeb. In 1875, Jacob Schiff arrived from Frankfurt to join the firm. He

married Therese, Solomon’s daughter. He also brought a large amount of

Rothschild capital into the firm, enabling it to expand tenfold. In 1885, Loeb

retired; Jacob Schiff ran the firm from 1885 to 1920, when he died.

At no time has the House of Rothschild ever indicated publicly that it had

any interest in the firm of Kuhn, Loeb Co. George R. Conroy stated in TRUTH

magazine, Boston, Dec. 16, 1912, “Mr. Schiff is head of the great private banking

house of Kuhn, Loeb & Co., which represents the Rothschild interests on this side

of the Atlantic. He has been described as a financial strategist and has been for

years the financial minister of the great impersonal power known as Standard Oil.

He was hand-in-glove with the Harrimans, the Goulds and the Rockefellers in all

their railroad enterprises and has become the dominant power in the railroad and

financial world of America.”

This is one more revelation of the hidden power of the Rothschild interests

in America. Not only has it directed the Rockefeller enterprises from the time that

National City Bank of Cleveland, a Rothschild bank, financed the early expansion

of Rockefeller, South Improvement Co., which enabled him to crush his

competitors through illegal railway rebates, but it has also been the power behind

the scenes of the Harriman fortunes (now Brown Brothers Harriman). It explains

the frequent appointments (never elections) of W. Averill Harriman, the dominant

power in the Democratic Party, while his partner’s son, George Bush, is the

Republican vice-president, a heartbeat away from the Presidency of the United

States. It explains the secret writing of the Federal Reserve Act by Paul Warburg of

Kuhn, Loeb & Co., and the even more secret deals which caused it to be enacted

into law by Congress. It explains how the United States could fight World War I

with Paul Warburg in charge of its banking system through the vice chairmanship

of the Federal Reserve Board; Bernard Baruch as dictator of American industry as

Chairman of the War Industries Board; and Eugene Meyer financing the war

through his position as chairman of the War Finance Corporation (printing

government bonds in duplicate); Kuhn, Loeb partner Sir William Wiseman with

Col. House correlated British and American intelligence operations; Kuhn, Loeb

partner Lewis L. Strauss was acting head of the U.S. Food Administration under

Herbert Hoover. Meanwhile, Paul’s brother, Max Warburg, headed the German

espionage system; another brother was German commercial attache in Stockholm,

traditional listening post for warring nations, and Jacob Schiff had two brothers in

Germany who were financing the German war effort. It was a classic case of a

“managed conflict”, with the Rothschilds manipulating both sides from behind the

scenes. At the Versailles Peace Conference, Bernard Baruch was head of the

Reparations Commission; Max Warburg, on behalf of Germany, accepted the

reparations terms, while Paul Warburg, Thomas Lamont and other Wall Street

bankers advised Wilson and the Dulles brothers on how “American” interests

should be handled at this all-important diplomatic conference.

The Rothschilds had decided upon the formula of a “managed conflict” for

the First World War because of the difficulty they had encountered in defeating the

Boers from 1899 to 1901. After illegally annexing the Transvaal in 1881, the British

had been turned back with a resounding defeat at Majuba by Paul Kruger. In 1889,

because of the discovery of vast wealth in gold and diamonds in South Africa, the

Rothschilds came back to loot the nation with 400,000 British soldiers pitted

against 30,000 “irregulars”, that is, farmers with rifles, whom the Boers could put

into the field. The Boer War was started by Rothschild’s agent, Lord Alfred

Milner, against the wishes of a majority of the British people. His plans were aided

by another Rothschild agent, Cecil Rhodes, who later left his entire fortune to the

furtherance of the Rothschild program, through the Rhodes Trust, a by no means

infrequent denouement among Rothschild agents, and the basis of the entire

“foundation” empire today.

The British fought a “no prisoners”, scorched earth war, destroying farms,

and mercilessly shooting down Boers who tried to surrender. It was in this war

that the institution of “concentration camps” was brought to the world, as the

British rounded up and imprisoned in unsanitary, fever-ridden camps anyone

thought to be sympathetic to the Boers, including many women and children, who

died by the thousands. This genocidal policy would next be used by the

Rothschild-financed Bolsheviks in Russia, who adopted the Boer War concept to

murder 66 million Russians between 1917 and 1967. There was never any popular

reaction to either of these atrocities, because of the control of media which makes

discussion of these calamities a taboo subject.

The career of Lord Alfred Milner (1854-1925) began when he was a protégé

of Sir Evelyn Baring, the first Earl of Cromer, partner of Baring Bros., bankers,

who had been appointed Director General of Accounts in Egypt. Baring was then

the financial advisor of the Khedive of Egypt. Since 1864, Milner had been active

in the Colonial Society, founded in London in that year. In 1868, it was renamed

the Royal Colonial Institute, and was heavily financed by Barclays Bank, and by the

Barings, Sassoons and Jardine Mathieson, all of whom were active in founding the

Hong Kong Shanghai Bank, and who were heavily interested in the Asiatic drug

traffic. The staff economist of the Royal Colonial Society was Alfred Marshall,

founder of the monetarist theory which Milton Friedman now peddles under the

aegis of the Hoover Institution and other supposedly “rightwing” think-tanks.

Marshall, through the Oxford Group, became the patron of Wesley Clair Mitchell,

who then taught Burns and Friedman.

In 1884, Milner augmented the work of the Royal Colonial Society with an

inner group, the Imperial Federation League; both groups now function as the

Royal Empire Society. Vladimir Halperin, in “Lord Milner and the Empire”,

writes, “It was through Milner and some of his friends that the Round Table

Group came into being. The Round Table, it should be said, is an authority to this

day on all Commonwealth interests.” He states that Milner raised a considerable

sum for the work of the Round Table, including 30,000 pounds from Lord Astor,

10,000 pounds from Lord Rothschild, 10,000 pounds from the Duke of Bedford,

and 10,000 pounds from Lord Iveagh. Milner launched a magazine called the

Empire Review, later called the Round Table quarterly.

Halperin also notes another contribution of Milner, “He played an important

part in the drafting of the famous Balfour Declaration in December of 1917. It is a

fact, that, with Balfour, he was its co-author. As far back, as 1915, Milner had

realized the need for a Jewish National Home, and had never ceased to be warmly

in favor of its creation. Milner, like Lloyd George, Amery, and many others, saw

that the Jewish National Home could also contribute to the security of the Empire

in the Near East.”

The Milner Round Table later became the Royal Institute of International

Affairs-Council on Foreign Relations combine which exercises unopposed control

for the World Order over foreign and monetary policy in both the United States

and Great Britain. Milner trained a group of ambitious young men who became

known as his “Kindergarten”. It included John Buchan, future Gov. Gen. of

Canada, Geoffrey Dawson, later editor of the Times, and prominent supporter of

“appeasement” with the “Cliveden Set” (led by Lord Astor, who owned the

Times); Philip Kerr, 11th Marquess, Lord Lothian, the youngest member of the

Kindergarten; he served as private secretary to Lloyd George from 1916-20, and

was given credit as largely responsible for the German provisions of the Treaty of

Versailles. His Who’s Who goes on to say that he played an important part in

dealing with India, all dominions, and the United States. He was Ambassador to

the United States 1935-40, and was a close friend of Waldorf and Lady Astor;

George Jeachim Goschen, a Liberal who was hailed as the greatest Chancellor of

the Exchequer, head of the Cunliffe Goschen banking house with Lord Cunliffe,

Governor of the Bank of England. Goschen was also chancellor of Oxford and

the University of Edinburgh; his brother, Baron Sir Edward Goschen was

Ambassador to Berlin when Bethmann-Hollweg told him that the Belgian Treaty

was a mere “scrap of paper;” Leopold S. Amery, who had two sons, Leopold, who

was executed as a traitor in 1945, and Julian, who married Prime Minister Harold

MacMillan’s daughter, and served as leftwing correspondent on the Spanish Front

1938-9, Churchill’s personal representative to Chiang Kai-Shek, 1945, Round Table

Conference on Malta, 1955, Council of Europe, 1950-56. The senior Leopold

Amery is described as “a passionate advocate of British imperialism”; he was on

the staff of the Times, and wrote a 7 vol. history of the South African War for the

Times; served in the Cabinet from 1916-22, MP 1911-45, first Lord of Admiralty,

1922-24, Secretary of State for India, 1940-45, and arranged for India to have

independence. He was a trustee of the Rhodes Trust.

The Milner-Rothschild relationship was described in Terence O’Brien’s

biography, “Milner”, p. 97, “Milner went to Paris on some business with Alhponse

de Rothschild.... Business calls in the City included a formal visit to Rothschilds....

weekend with Lord Rothschild at Tring, and visit with Edward Cecil, Lord

Salisbury at Hatfield.... while spending a weekend with Lord Rothschild at Tring a

Press Lord gave him a sleepless night (no further explanation given) ..... talks with

Rothschild.” Milner attended a Zionist dinner given by Lord Rothschild, sitting

next to Lawrence of Arabia, who interpreted for him in a talk with King Feisal. On

p. 364, O’Brien notes, “Milner lost no time in recreating his links with the City. He

went first to Rio Tinto which reelected him to its Board and before long Rothschild

asked him to be its chairman.” Rio Tinto was one of the key firms in the

Rothschild empire. Herbert Hoover was also appointed a director of Rio Tinto;

he would soon be asked to head the “Belgian Relief Commission” which prolonged

World War I from 1916 to 1918.

The Milner role in starting the South African War is described in “British

Supremacy in South Africa”. Chap. 1 is headed “Sir Alfred Milner’s War,”

explained as follows : “On 19 March Chamberlain telegraphed to him, 'The

principle object of His Majesty’s Government in South Africa is peace. Nothing

but a most flagrant offense would justify the use of force.’” P. 22, “Milner had

come to believe that war with the Transvaal was both inevitable and desirable ....

Milner had at last convinced Chamberlain that British supremacy in South Africa

would be jeopardized unless the power of the Transvaal was broken.” There is the

evidence that Rothschild’s Round Table minion, Milner, cold-bloodedly

precipitated the Boer war for his master’s gain.

John Hays Hammond, chief mining engineer for the House of Rothschild,

also was sent to South Africa to precipitate the war. He formed the “Uitlanders

Reform Committee”, with Lionel Phillips, head of gold and diamond mining firm

Eckstein–the Corner House; George Farrar of East Rand Property Mines; and

Col. Frank Rhodes, brother of Cecil Rhodes. The Committee was financed by Abe

Bailey, Solly Joel, Barney Barnato, and the Ecksteins, all of whom were big winners

in the partition of the gold and diamond properties after the war. During this

activity, Hammond was arrested by Paul Kruger, sentenced to death for promoting

revolution, and was allowed to leave only after paying a $100,000 fine; he was then

hired by the Guggenheims at $500,000 year salary, and in 1921 became chief

lobbyist for the Council on Foreign Relations in Washington.

Like other enterprises with which the Rothschilds have been connected, the

Bank of England has been a center of international intrigue and espionage since its

founding in 1694. Although the Rothschilds did not become associated with the

Bank until 1812, when Nathan Mayer Rothschild increased his fortune 6500 times

by taking advantage of false rumors that somehow swept the London Stock

Exchange, purporting that England had lost at Waterloo. The Bank of England

originated in a revolution, when William III, Prince of Orange, drove King James

II from the throne. Since the Bank of England Charter was granted by William in

1694, there has never been another revolt against the Crown. The royal family has

been secure because the source of money, crucial to a revolution, has remained

under control.

King Charles II had managed to retain a shaky position because of support

from the Duke of Buckingham (George Villiers), and others whose first names

formed the word “CABAL”, introducing a new term for intrigue. His successor,

James II, tried to placate the powerful lords of England, but even his longtime

supporters, scenting a change of power, began secret negotiations with the Prince

of Orange. Wilhelm I, Prince of Orange, had been married several times, to Anne

of Saxony, Charlotte de Bourbon, and Princess de Coligny. Today, every ruling

house of Europe, as well as those out of power, is a direct descendant of King

William, including Queen Juliana of the Netherlands, Margaretha, Queen of

Denmark, Olaf V of Norway, Gustaf of Sweden, Constantine of Greece, Prince

Rainier of Monaco, and Jean, Grand Duke of Luxembourg, whose son married the

daughter of C. Douglas Dillon.

Lord Shrewsbury (Charles Talbot) had been given places by both Charles II

and James II; nevertheless, he played a leading role in the revolution. He took

12,000 pounds to Holland to support William in 1688, returned with him, and was

made secretary of state. Sidney Godolphin, one of James II’s last adherents, joined

with the Duke of Sunderland and the Duchess of Portsmouth in correspondence

with William prior to his invasion of England, and was appointed head of the

treasury by William. Henry Compton, Earl of Northampton, and Bishop of

London, had been removed by James II; he signed the invitation to William to

come to England; he was reinstated in his ssee in 1688; his son Francis became

Lord Privy Seal. John Churchill, first Duke of Marlborough, had entered into

negotiations with the Prince of Orange in Oct. 1687, and expressed his readiness to

support him in Aug. 1688. To allay James II’s suspicions, Marlborough then signed

a renewed oath of fidelity to him Nov. 10, 1688. On Nov. 24, 1688, he joined the

forces of William of Orange.

Although William had married Mary, the daughter of James II, and had a

legitimate claim to the throne of England, he could not take power as long as James

II was on the throne. Therefore, he entered England with a force of 10,000 foot

soldiers and 4000 horse, a small force with which to conquer a great kingdom.

With him were Churchill, Bentinck, (the first Earl of Portland), Earl of Shrewsbury,

and Lord Polwarth, whose descendant is a prominent member of the Anglo-

American banking establishment. James II fled to the court of Louis XIV and was

declared abdicated.

Marlborough, ancestor of Winston Churchill (whose former daughter-in-law,

Pam Harriman, is the leading power in the Democratic Party) is described in The

Captain General, by Ivor Brown, “The Commissioner of Public Accounts found

that the Duke of Marlborough had accepted gifts amounting to some 60,000

pounds from Antonio Machado and Sir Solomon de Medina, contractors for bread

and wagons for the army abroad, and 2½% of all money allotted for payment of

troops, some 175,000 pounds (later revised to 350,000 pounds).” Marlborough

claimed it had all been spent for intelligence, but witnesses testified he could not

have spent more than 5000 pounds for this purpose in all of his campaigns.

Donald Chandler’s biography of Marlborough points out that “The bread

contractors such as Solomon and Moses Medina, Mynheer Hecop, Solomon

Abraham, Vanderkaa and Machado, were for the most part Spanish or Dutch Jews

of varying reliability and venality.” Chandler says that they consistently gave short

weight or added sand to their corn sacks. For a number of years, Medina, as chief

army contractor, contributed an annual commission of 6000 pounds a year to

Marlborough as his rateoff on army contracts.

In addition to his English supporters, who were previously loyal to King

James II, William brought with him from Amsterdam the group of avaricious

financiers who were also the suppliers of his armies. One of his first official acts

was the conferring of knighthood on Solomon de Medina. Machado and Pereira

provisioned his armies in Spain and Holland; Medina supplied Marborough in

Flanders; Joseph Cortissot supplied Lord Galway in Spain, and Abraham Prado

supplied the British army during the Seven Year War.

The most important act of William’s reign was his granting of the charter of

the Bank of England in 1694, although most of his biographers omit this salient

fact. The concept of a central bank which would have the power of note issue, or

issuing money, had already taken hold in Europe. The Bank of Amsterdam was

started in 1609; its members aided William in his conquest of England. The Bank

of Hamburg was chartered in 1619; the Bank of Sweden began the practice of

issuing notes in 1661. These banks were chartered by financiers whose ancestors

had been bankers in Venice and Genoa. As the tide of world power shifted

northward in Europe, so did the financiers. The Warburgs of Hamburg had begun

as the Abraham del Banco family, the largest bankers in Venice.

An interesting technique is revealed by the Charter of the Bank of England –

it was slipped through as part of a tonnage bill, which was later to become a

recognized parliamentary technique. The Charter provides that “rates and duties

upon tonnage of ships are made security to such persons as shall voluntarily

advance the sum of 1,500,000 pounds towards carrying on the war against France.”

Other European banks, such as the Banks of Genoa, Venice and

Amsterdam, were primarily banks of deposit, but the Bank of England began the

practice of coining its own credit into money, the beginning of the monetarist

movement. The Bank of England soon created a “new class” of moneyed interests

in the City, as opposed to the power of the old barons, whose fortunes derived

from their landholdings. Of the five hundred original stockholders, four hundred

and fifty lived in London. This was the dawn of the preeminence of the “City”,

now the world’s leading financial center. For this reason, the Rothschilds identified

their key American banks with the code word “City”.

Early descriptions of the shareholders of the Bank of England identify them

as “a Society of about 1300 persons”. They included the King and Queen of

England, who received shares to the value of 10,000 pounds each; Marlborough,

who invested 10,000 pounds – he also invested large sums from his “commissions”

in the East India Co. in 1697, and later became Governor of the Hudson Bay

Company, which paid a 75% dividend; Lord Shrewsbury, who invested 10,000

pounds; Godolphin, who invested 7000 pounds – he predicted that the Bank of

England would not only finance trade, but would carry the burden of her wars,

which was proven true in the next three hundred years. Virginia Cowles writes, in

“The Great Marlborough”, “England emerged from the war as the dominant force,

because the Bank of England’s credit system enabled her to bear the burden of war

without undue strain.”

Other charter subscribers were William Bentinck, later the first Earl of

Portland, he had been a page in William of Orange’s household, accompanied

William to England in 1670 on his initial visit, handled the delicate negotiations of

his marriage with Mary in 1677, and prepared the details of William’s invasion of

England. He was given the title of Earl of Portland, and became the most trusted

agent of Williams foreign policy. In 1984, we find the 9th Duke, Cavendish-

Bentinck, is chmn. of Bayers UK Ltd, and Nuclear Chemie Mittchorpe GMBH,

Germany; he also had a distinguished career in foreign service, joining the Foreign

Office in 1922; he represented England at the successive Paris, Hague and

Locarno conferences, was chmn joint Intelligence for the Chiefs o£ Staff 1939-45,

and Ambassador to Poland during the critical years of 1945-47, when that country

was turned over to the Soviet Union, with England’s surreptitious support.

Other charter subscribers to the Bank of England were the Duke of

Devonshire (William Cavendish) who built Chatsworth; he also had signed the

invitation to William to assume the throne of England; he was High Steward at

Anne’s Coronation in 1702, and was said to lead a profligate private life – (the

present duke sold seven drawings in July 1984 for $9.2 million) the 11th Duke

married Deborah Freeman-Mitford daughter of Baron Redesdale – his present

brother-in-law, Baron Redesdale, is vice president of Chase Manhattan Bank; the

Duke of Leeds, Sir Thomas Osborne, who also signed the invitation to William –

he was lord high treasurer and had arranged the marriage of Mary – he was later

impeached for receiving a large bribe to procure the charter of the East India Co.

in 1691 – because of his favored position at court the proceedings were never

concluded, and he left one of the largest fortunes in England; Earl of Pembroke,

(Thomas Herbert), who became the first lord of the admiralty, and later lord privy

seal; Earl of Carnarvon, who is also Earl of Powis and Earl of Bradford; Lord

Edward Russell, created Earl of Orford 1697; he had joined the service of William

in 1683, was appointed treasurer of the Navy 1689, first lord of admiralty 1696-17,

and lord justice 1697-1714 (Sir Robert Walpole, the famed British leader, was

created Earl of Orford in the second creation); William Paterson, usually credited

with being the founder of the bank of England – he was forced out within a year;

Sir Theodore Janssen, who invested 10,000 pounds; Dr. Hugh Chamberlen; John

Asgill, an eccentric writer and pamphleteer; Dr. Nicholas Barbon, son of Praisegod

Barebones, who started the first insurance company in Great Britain; John

Holland, a reputed Englishman who also started the Bank of Scotland in 1695;

Michael Godfrey, who died at Namur, Belgium on his way to Antwerp to establish

a branch of the Bank of England – he was the first deputy governor of the Bank of

England, and nephew of Sir Edward Godfrey, who was murdered by Titus Oakes

in 1678; Sir John Houblon and twenty members of his family were also early

stockholders; Sir John became lord of the admiralty, and Lord Mayor of London;

his brother James was deputy governor of the Bank of England; Salomon de

Medina, later knighted by William III; Sir William Scawen; Sir Gilbert Heathcote,

director of Bank of England 1699-1701, and from 1723-25; he was Sheriff and

later Lord Mayor of London, founded the New East India Co. in 1693; his

parsimony was ridiculed by Alexander Pope in his quatrains; Sir Charles Montague,

first Earl of Halifax, and Chancellor of the Exchequer–the present Earl is a director

of Hambros Bank; Marquess Normandy, John Sheffield, also held the title of

Duke of Buckingham–he is buried in Westminster Abbey; Thomas Howard, Earl

of Arundel, comptroller of the royal household; Charles Chaplin; and the

philosopher, John Locke.

In his “The Bank of England, A History”, Sir John Clapham notes that by

1721, a number of Spanish and Portuguese Jews had been buying stock in the Bank

of England – Medina, two Da Costas, Fonseca, Henriquez, Mendez, Nunes,

Roderiquez, Salvador Teixera de Mattes, Jacob and Theodore Jacobs, Moses and

Jacob Abrabanel, Francis Pereira. Clapham notes that since 1751 there has been

very little trading in Bank of England stock; it has been very closely held for more

than two centuries.

The Bank of England has played a prominent role in American history –

without it, the United States would not exist. The American colonists considered

themselves loyal Englishmen to a man, but when they began to enjoy unequalled

prosperity by printing and circulating their own Colonial scrip, the stockholders of

the Bank of England went to George III and informed him that their monopoly of

interest-bearing notes in the colonies was at stake. He banned the scrip, with the

result that there was an immediate depression in the commercial life of the

Americas. This was the cause of the Rebellion; as Benjamin Franklin pointed out,

the little tax on tea, amounting to about a dollar a year per American family, could

have been borne, but the colonists could not survive the banning of their own


The Bank of England and the Rothschilds continued to play a dominant role

in the commercial life of the United States, causing panics and depressions for the

Rothschilds whenever their officials were instructed to do so. When the Second

Bank of the United States expired in 1836, and President Jackson refused to renew

it, creating great prosperity in the United States when government funds were

deposited in other banks, the Rothschilds punished the upstarts by causing the

Panic of 1837. As Henry Clews writes, “Twenty-Eight Years on Wall Street”, p.

157, “The Panic of 1837 was aggravated by the Bank of England when it in one day

threw out all the paper connected with the United States.”

By refusing to credit American notes and stocks, the Bank of England

created financial panic among the holders of that paper. The panic enabled

Rothschild’s agents, Peabody and Belmont, to reap a fortune in buying up

depreciated stocks during the panic.

The Bank of England has played a prominent role in wars, revolutions, and

espionage, as well as business panics. When Napoleon escaped from Elba in 1815,

the London gold market jumped overnight from 41b.6d to 5lb.7. The leading

buyer was Nathan Mayer Rothschild, who was under orders from the British

Treasury to dispatch gold to the Duke of Wellington, grouping to stop Napoleon.

After Waterloo, the price of gold dropped.

During the twentieth century, the most important name at the Bank of

England was Lord Montague Norman. His grandfather, George Warde Norman,

had been governor of the Bank of England from 1821-1872, longer than any other

man; his other grandfather, Lord Collet, was Governor of the Bank of England

from 1887-89, and managing partner of Brown Shipley Co. in London for twentyfive

years. In 1894, Montague Norman was sent to New York to work in the

offices of Brown Bros.; he was befriended by the W.A. Delano family, and lived

with the Markoe family, partners of Brown Bros. In 1907, Norman was elected to

the Court of the Bank of England. In 1912, he had a severe nervous breakdown,

and was treated by Jung in Switzerland. He became deputy governor of the Bank

of England in 1916, and later served until 1944 as Governor. The Wall Street

Journal wrote of him in 1927, “Mr. M. Collet Norman, the Governor of the Bank

of England, is now head and shoulders above all other British bankers. No other

British banker has ever been as independent and supreme in the world of British

finance as Mr. Norman is today. He has just been elected Governor for the eighth

year in succession. Before the war, no Governor was allowed to hold office for

more than two years; but Mr. Norman has broken all precedents. He runs his

Bank and his Treasury as well. He appears to have no associations except his

employees. He gives no interviews. He leaves the British financial world wholly in

the thick as to his plans and ideas.”

The idea that one individual ran the Bank of England to suit himself, with

no influences, is too ridiculous to be considered. What about the Rothschilds ?

What about the other shareholders ? Carroll Quigley, in “Tragedy and Hope”

notes that “M. Norman said, 'I hold the hegemony of the currency.’– He is called

the currency dictator of Europe.” Lionel Fraser of J. Henry Schroder Wagg notes

in his autobiography, “All to the Good”, that he was in charge of Lord Norman’s

personal investments. He also notes of the firm of Helbert Wagg, former jewelers

from Halberstadt and now a London banking house (later J. Henry Schroder

Wagg), “The firm was official brokers on Stock Exchange to the great and all

powerful House of Rothschild.” Both Wagg and Schroder had been in business in

London for 159 years when they merged in 1960. Another writer notes that Lord

Norman frequently consulted with J.P. Morgan before making his Bank of England

decisions. Gordon Richardson, chairman of J. Henry Schroder from 1962-72, then

became Governor of the Bank of England from 1972-83, when he was succeeded

by Robert Leigh-Pemberton, chmn. of the National Westminister Bank, also

director of Equitable – he married into the Cecil-Burghley family.

The present directors of the Bank of England are : G.W. McMahon, deputy

governor since 1964, economic analyst Treasury 1953-57, adviser British Embassy

Washington 1957-60; Sir Adrian Cadbury, chmn. Cadbury Schweppes, dir. IBM

UK; Leopold de Rothschild, N.M. Rothschild & Sons etc; George V. Blunden,

exec. dir. Bank of England since 1947, served with IMF 1955-58; A.D. Lochnis,

dir. J. Henry Schroder Wagg; G.A. Drain, member Trilateral Commission,

treasurer European Movement, Franco-British Council, British North American

Committee, lawyer for many unions and health associations; Sir Jasper Hollom,

has been on the board since 1936; D.G. Scholey, chmn. S.G. Warburg Co., Orion

Insurance, Union Discount of London, Mercury Securities, which now owns S.G.

Warburg Co. Irwin Holdings; J.M. Clay, dep. chmn. Hambros Bank, chmn.

Johnson and Firth Brown Ltd; Hambros Life Assurance; Sir David Steel, chmn.

British Petroleum, dir. Kuwait Oil Co., The Wellcome Trust, trustee The

Economist (whose chmn. is Evelyn de Rothschild); Lord Nelson of Stafford,

chmn. GE Ltd. chmn. Royal Worcester Co., Natl. Bank of Australasia,

International Nickel, British Aircraft, English Electric, Marconi Ltd. chmn. World

Power Conference, Worshipful Co. of Goldsmiths, Middle Eastern Assn; Lord

Weir, chmn. The Weir Group, chmn. Great Northern Investment Trust; E.A.J.

George, exec. dir Bank of England, dir. Gilt-Edged Division Bank of England,

IMF 1972-72, Bank for International Settlements 1966-69; Sir Hector Laing,

chmn. United Biscuit, Allied Lyons, Royal Insurance; Sir Alastair Pilkington, chmn.

Pilkington Bros. Glass, dir. British Petroleum, British Railways Board.

The Bank of England also dominates the Bank of Scotland, whose chmn. is

Robert Bruce, Lord Balfour; his title Balfour of Burleigh was created in 1607; he is

manager of English Electric and Viking Oil; he married the daughter of magnate

E.S. Manasseh. Directors of Bank of Scotland include Lord Clydesmuir, also dir.

Barclays Bank, and Rt. Hon. Lord Polwarth, director of Halliburtons, which

interlocks with the Rothschild First City Bank of Houston and Citibank, Imperial

Chemical Industries, Canadian Pacific, and Brown and Root Wimpey Highland

Fabricators, which interlocks with George Wimpey PLC, largest construction firm

in the British Empire, whose 44 companies have revenues of 1.2 billion pounds per

year. Lord Polwarth’s daughter married Baron Moran, High Commissioner of

Canada, who previously served as Ambassador to Hungary and to Chad; Baron

Moran’s daughter married Baron Mountevans, manager of Consolidated


Directors of George Wimpey PLC included S.S. Jardine; Viscount Hood,

who is chmn. Petrofina UK, and director J. Henry Schroder Wagg, and Union

Miniere; and Sir Joseph Latham, chmn. Ariel International, director Deutsches


Wimpey Co. interlocks with Schroder Ltd, parent of J. Henry Schroder

Wagg. The Earl of Airlie (David Ogilvy) is chmn. of Schroder; he married Virginia

Ryan, grand-daughter of Otto Kahn and Thomas Fortune Ryan; The Earl is also

director of Royal Bank of Scotland; directors of Schroder include Lord Franks,

director of the Rockefeller Foundation, the Rhodes Trust, and Kennedy Center; he

is a former Ambassador to the United States; G.W. Mallinkrodt; Sir E.G.

Woodruffe of Unlever; and Daniel Janssen of the Bank of England.

One of the great Rothschild hoaxes was the “disarmament movement” of

the early 1930s. The idea was not to disarm, but to persuade the nations to junk

what arms they had so they could later be sold new ones. “The merchants of

death”, as they were popularly known in those days, were never more than errand

boys for their true masters, “the bankers of death”, or, as they were also known,

“the Brotherhood of Death”. In 1897, Vickers, in which Rothschilds had the

largest holding, bought Naval Construction and Armament Co., and Maxim

Nordenfeldt Guns & Ammunition Co. The new Vickers-Maxim Co. was able to

test its products in the Spanish-American War, which was set off by J&W Seligman

Co. to obtain the white gold, (sugar), of Cuba; the Boer War of 1899-1901, to seize

the gold and diamond fields of the Witwatersrand, and the Russo-Japanese War of

1905, designed to weaken the Czar and make the Communist Revolution

inevitable. These three wars provided the excuse for tooling up for the mass

production of World Wars I & II. In 1897, an international power trust was

formed, consisting of DuPont, Nobel, Koln, and Kottweiler, which divided the

world into four distinct sales territories.

The chmn. of Vickers, Sir Herbert Lawrence, was director of Sun Assurance

Office Ltd; Sun Life Assurance, and chmn. the London committee of the

Ottoman Bank; directors included Sir Otto Niemeyer, director of the Bank of

England, and the Anglo International Bank; S. Loewe, the German arms magnate,

Loewe & Co.; Sir Vincent Caillard, President of the Ottoman Debt Council,

financial expert on the Near East; and Sir Basil Zaharoff, the “mystery man of


The highwater mark of “the merchants of death” hoax was reached in the

Nye Committee Hearings of 1934, copies of which are invariably missing in

government libraries. Alger Hiss was investigator and counsel for the Committee.

Typical was Chairman Nye’s questioning of Mr. Carse of the Electric Boat Co. (a

subsidiary of Vickers): “Chmn. NYE: In 1917, Mr. Carse, you drafted a letter to

help Zaharoff avoid paying income tax on your commissions to him of $766,852.

There is Exhibit 24, a letter dated Sept. 21, 1917, addressed to Mr. H.C. Sheridan,

Washington, D.C. Who is Mr. Sheridan, Mr. Carse ? CARSE: He owns the Hotel

Washington. At that time he was the agent of Vickers Ltd. in this country, and he

was also a representative of Zaharoff. Mr Sheridan handled Mr. Zaharoff’s income

tax with White and Case. CHMN: Did you know that this was false, that this

omission of a million dollars referred to was actually Sir Basil Zaharoff’s income ?

CARSE: No, I did not know anything about Zaharoff’s income. CHMN: But you

have told us that a letter by Zaharoff six weeks earlier that 82,000 francs he

received was his own personal income. CARSE: I do not know what Zaharoff did

in his business. He did not tell me. CHMN: Did Zaharoff succeed in escaping the

payment of income tax to the United States ? CARSE: I believe there was some

settlement made. Sheridan handled it..... Zaharoff was never a stockholder insofar

as I ever knew. The men who handle very large stock do not put the stock in their

own names. CHMN: Zaharoff wrote to you 19 May, 1925, ’I desire no thanks for

what I have done, because I am bound to attend to the interest of my firm of

Vickers and the Electric Boat Co. in both of which I am a stockholder. CARSE: I

know he told me that, but I was never able to trace anything.”

Sen. Clark then pursued questioning on how the armaments firms and oil

companies promoted wars : “CLARK: So this whole occasion of arming Peru,

and of the revolution in Bolivia on the basis of arming against Chile was based on

erroneous rumor ? MR. SPEZAR: That is my impression. CLARK: You wanted

to interest the large oil companies in financing an armament program for South

America. CARSE: I was willing to present any proposition the government might

approve with regard to any oil companies which might be interested.”

The Nye Committee frequently came back to Zaharoff’s activities, referring

to him as “a kind of superspy in high social and influential circles”. For many years

he exercised great influence on Prime Minister Lloyd George of England.

Zaharoff, who began his career as a brothel tout and underworld tough, arranged

for Lloyd George to have an affair with Zaharoff’s wife. Arthur Maundy Gregory,

an associate of Lloyd George, was also a Zaharoff agent. Maundy Gregory for

many years regularly peddled peerages in London clubs; knighthoods, not

hereditary, were 10,000-12,000 lbs.; baronetcies went for as high as 40,000 lb., of

which he paid Lloyd George a standard 5000 lb. each. Maundy Gregory was also

closely associated with Sir Basil Thompson in British counter-espionage. Zaharoff,

who was born in 1851 in Constantinople, married one Emily Ann Burrows of

Knightsbridge. Maundy Gregory then introduced Emily Ann to the insatiable

Lloyd George. From that time on, he was at Zaharoff’s mercy. Although Zaharoff

was closely associated with Lloyd George throughout World War I until 1922,

when their association effectively ended Lloyd George’s political career, the name

Zaharoff appears nowhere in Lloyd George’s extensive Memoirs. Lloyd George’s

political career came to an end after Zaharoff persuaded him to help the Greeks

against Turkey in 1920, a disastrous adventure which brought about Lloyd

George’s downfall from political power. George Donald McCormick, in “The

Mask of Merlin”, the definitive work on Lloyd George, states, “Zaharoff kept him

(Lloyd George) closely informed on the Balkans. During the war, Zaharoff was

sent on various secret missions by Lloyd George. The Big Three, Wilson, Lloyd

George and Clemenceau, met in Zaharoff’s home in Paris. On one occasion,

Zaharoff went to German (in 1917) on Lloyd George’s personal unstructions,

disguised in the uniform of a Bulgarian Army doctor. Clemenceau later said, 'The

information which Zaharoff secured in Germany for Lloyd George was the most

important piece of intelligence of the whole war.’” Zaharoff was awarded the

Order of British Empire in 1918 for this mission. McCormick also notes,

“Zaharoff had interests in Briey furnaces of the Comite des Forges. Throughout

the war no action was taken against Briey or nearby Thionville, a German area vital

to the German army. Orders to bombard Briey were cancelled on orders of

Zaharoff.” M. Barthe protested this event in a speech to the French Parliament

January 24, 1919.

McCormick found that Zaharoff had made some interesting confessions to

close associates. He boasted to Rosita Forbes, “I made wars so that I could sell

arms to both sides.” He offered astute political advice to Sir Robert Lord Boothby,

“Begin on the left in politics, and then, if necessary, work over to the right.

Remember it is sometimes necessary to kick off the ladder those who have helped

you to climb it.”

In addition to his Vickers and Electric Boat stock, Zaharoff had large

holdings in other armaments manufacturers, Krupp and Skoda. The Skoda Works

of Czechoslavakia were controlled by the powerful Schneider family of Schneider-

Creusot, headed by Eugene Schneider, whose grand-daughter married the present

Duke of Bedford. The Nye Committee found that Vickers interlocked with Brown

Boveri of Switzerland, Fokker, Banque Ottomane, Mitsui, Schneider, and ten other

armaments firms around the world. Vickers set up a torpedo manufacturing firm,

Societe Francasies des Torpilles Whitehead, with the former Whitehead Co., whose

owner, James B. Whitehead, then became English Ambassador to France. Frau

Margareta von Bismarck was a director of Societe Francasies, as was Count Edgar

Hoyos of Fiume.

At its peak in the 1930s, the Vickers network included Harvey Steel, Chas.

Cammell & co. shipbuilding, John Brown & Co., Krupp and Dillinger of Germany,

Terni Co. of Italy, Bethehem Steel and Electric Boat in the U.S., Schneider,

Chatillon Steel, Nobel Dynamite Trust, and Chilworth Gunpowder Co. The

trustee for the debentures of the armaments firms was Royal Exchange Assurance

Co. of London, of which E. Roland Harriman of Brown Bros Harriman was a


As First Lord of the Admiralty, Winston Churchill obligingly changed the

fuel of the entire English fleet from coal to oil, as a favor to the Samuel family

which owned Royal Dutch Shell.

The most revealing works on the armaments dealers, the Nye Committee

Hearings, and “Merchants of Death” are now fifty years old. On p. 167 of

“Merchants” we find that “The Societe Miniere de Penarroya controls the most

important lead mines of the world, accounting for one-eighth of the world’s

production. Since 1833 the French bankers, the Rothschilds, have controlled these

mines, but in 1909 the Rothschild Bank entered into an alliance with the

Metallgeschaft of Frankfurt, the company in which both the Kaiser and Krupp

were heavily interested. This company remained under German and French

control for about two years of the war. At the outbreak of hostilities, 150,000 tons

of lead were shipped from these mines to Germany, via Switzerland. When

shipments to France were resumed, the price was raised to such an extent that it

more than doubled the price which the English paid for their lead. Free trade

between Germany and France in important chemicals, for powder, etc. continued;

the Swiss supplied both sides with electric power. All along their frontier great

powerhouses sprang into being, facing Germany from Italy, producing iron,

bauxite, chemicals and power. Zeiss products were exported to Britain throughout

the war.”

Dr. Ellis Powell told an audience at Queens Hall, London, March 4, 1917;

“At the beginning of the war many thousands of German reservists were allowed

to return to Germany although our Fleet could have stopped them. German

individuals, firms and companies went on trading merrily in British names,

collecting their debts, and indirectly, no doubt, financing German militarism. At

the very moment when Germans were destroying our property by Zeppelin bombs

we were actually paying them money instead of taking their holdings as part

compensation for damage done. In January 1915 came the vicious decision by

Lord Reading (Rufus Isaacs) and the Appeal Court, according to which the Kaiser

and Little William Co. was a good British company, capable of suing the King’s

own subjects in the King’s own courts .... The uninterrupted activity in this country

of the Frankfort Metal Octopus is not an accident ... Let me analyze one lurid case,

which has stirred public indignation and anger to its depths. I mean the impudent

survival of the German banks. We have now been at war nearly three years. Yet

their doors are still open. They sent large quantities of bullion to Germany after

the war started.”

There was a remarkable amount of goodwill and free trade continuing during

World War I among the warring nations. Of course the Americans did not wish to

be left out of the great outpouring of goodwill in which forty million people were

killed. It was not enough that the Americans were financing the war through their

Federal Reserve System and the personal income tax, which, as Cordell Hull so

aptly put it in his Memoirs, “had been passed in the nick of time” before the

outbreak of the war; nor was it enough that the Americans were feeding the

“Belgians”, actually the Germans, through the Belgian Relief Commission, so that

the war could be prolonged until the United States became a belligerent.

Concerned Americans dedicated themselves to the proposition that American boys

should be killed in the trenches with the British, the French, the Germans and

other nationalites.

The warmongers set up three principal organizations to force the United

States into World War I – the Council on National Defense, the Navy League, and

the League to Enforce Peace. The Council on National Defense was authorized by

act of Congress August, 1916, although there was no nation on earth known to be

contemplating any attack on the United States. Pancho Villa had led a small group

of bandits against Columbus, N.M., but this raid was hardly an occasion for

national mobilization. It was a retaliatory strike because of the actions of New

York bankers in Mexico – the Warburgs held the bonds of the National Railways

of Mexico; George F. Peabody and Eugene Meyer and Cleveland H. Dodge owned

the copper mines of Mexico; Seligman & Co. owned Electric Power and Light of

Mexico. The Mexican Revolution was an uprising against President Porfirio Diaz,

who had collaborated profitably with the Warburgs and Rockefellers for years.

Percy N. Furber, president of the Oil Fields of Mexico Ltd. told C.W. Barron, “The

Mexican Revolution was really caused by H. Clay Pierce, who owned 35% of

Pierce-Waters Oil Co.; Standard Oil owned the other 65%. He wanted to get my

property. He demanded of Diaz that he should take off the taxes on oil imports so

that Standard Oil could bring in products from the U.S. Diaz refused.” Furber

said that he put up the money for Francisco Madero to oust Diaz. Madero was

then murdered by Victoriano Huerta, the pawn of Lord Cowdray, head of British

oil interests in Mexico. In the resulting chaos, Villa and Zapata came to the fore,

resulting in the Columbus raid.

The Council on National Defense was chaired by Daniel Willard, pres. B&O

RR; other members were Bernard Baruch, Julius Rosenwald, Samuel Gompers,

Walter S. Gifford, pres. of AT & T, also director Commission on Industrial

Preparedness; Hollis Godfrey, pres. of Drexel Institute, married to a Lawrence of

Boston; and Howard Coffin, pres. of Hudson Motor Car Co. Coffin’s secretary,

Grosvenor Clarkson, ran the Council. Godfrey claims in Who’s Who that the

Council was actually created by himself, Howard Coffin and Elihu Root.

The principals of the Navy League were J.P. Morgan of U.S. Steel, Charles

Schwab of Bethlehem Steel, Col. R.M. Thompson of International Nickel, and B.F.

Tracy, attorney for the Carnegie Steel Co. The principals of the League to Enforce

Peace were Elihu Root, J.P. Morgan’s lawyer; Lincoln Filene; Oscar Straus; John

Hays Hammond, who had been sentenced to death for revolutionary activity in

South Africa; Isaac Seligman; Perry Belmont, the official representative of the

Rothschilds, and Jacob Schiff of Kuhn, Loeb & Co. The watchword of these

millionaire bakers was “preparedness”, and Asst. Sec of the Navy Franklin Delano

Roosevelt was already letting large Navy contracts in 1916, a year before we got

into the war.

Col. House wrote to President Wilson from London on May 29, 1914,

“Whenever England consents, France and Russia will close in on Germany and


While preparing for war, Woodrow Wilson campaigned in 1916 on the

slogan, “He kept us out of war”. H.C. Peterson notes in “Propaganda for War”,

Univ. Oklahoma Press, 1939, “To a large extent, the 9 million people who voted

for Wilson did so because of the phrase, ‘He kept us out of war.’” Col. House later

told Viereck that Wilson had concluded an agreement with the British in 1916, long

before his campaign, to involve us in the war. Roosevelt repeated the process in


When we went into World War I, Wilson appointed his campaign fundraiser,

Bernard Baruch, head of the War Industries Board. Baruch was later investigated

by the Graham Committee. He testified, “I probably had more power than

perhaps any other man did in the war; doubtless that is true.” He said of his

prewar actions, “I asked for an interview with the President. I explained to him as

earnestly as I could that I was deeply concerned about the necessity of the

mobilisation of the industries of the country. The President listened very

attentively and graciously, as he always does, and the next thing I heard, some

months afterward, my attention was brought to this Council of National Defense.”

“MR. GRAHAM: Did the President express any opinion about the

advisability of adopting the scheme you proposed ? BARUCH: I think I did most

of the talking. GRAHAM: Did you impress him with your belief that we were

going to get into the war ? BARUCH: I probably did. GRAHAM: That was your

opinion at the time ? BARUCH: Yes. I thought we were going to get into the

war. I thought a war was coming long before it did. MR. JEFFRIES: Then the

system you did adopt did not give the Lukens Steel & Iron Co. the amount of

profit that the low-producing companies did ? BARUCH: No, but we took 80%

away from the others. MR. JEFFRIES: The law did that, didn’t it ? BARUCH:

The government did that. GRAHAM: What did you mean by the use of the word

‘we’? BARUGH: The government did that excuse me, but I meant we, the

Congress. GRAHAM: You meant that the Congress passed a law covering that.

BARUCH: Yes, sir. GRAHAM: Did you have anything to do with that ?

BARUCH: Not a thing. GRAHAM: Then I would not use the word ‘we’ if I were


Although Baruch played a crucial role in funding Wilson’s campaign, in

1916, he had not ignored Wilson’s almost successful opponent, Charles Evans

Hughes. Carter Field points out, in his biography of Baruch, “My personal view is

that Baruch would have been tremendously important in the Hughes election, if

Hughes had been elected in the close election of 1916, both in the conduct of the

war and in the making of the peace.” Field continues, “Under this curious cloak of

anonymity, Baruch exercised a very unusual type of political power in those early

Wilson days. He was cultivated by most of the Wilson lights, who speedily found

out that he could do more for them than they could do by directly appealing to

Wilson. Naturally, there was no publicity for all this.”

Field also says, “For one thing, Wilson not only loved Baruch, he

ADMIRED him. Mrs. Wilson makes this specific statement in her Memoirs.”

Wilson’s relations with others were not always marked by such deep

affection. David Lawrence, in his biography of Wilson, “The True Story of

Woodrow Wilson”, notes that in June, 1907, former President Grover Cleveland, a

trustee of Princeton, publicly denounced Wilson’s plans to alter the character of the

school, making a “bitter attack”. Cleveland had come to live in Princeton after he

left the White House, and was deeply attached to the university. He died in the

summer of 1908. That fall, when Wilson, as president of the school, made his

annual opening speech, he made no mention of Cleveland’s death, nor did he ever

schedule a memorial exercise, as was the custom when a trustee passed away.

The Baruch War Industries Board is particularly important to the present

work, not only because of the dictatorial power exercised by Baruch during the war

years, but because the WIB members have continued to govern the United States.

From WIB and the American Commission to Negotiate the Peace came the

Brookings Institution, which set national priorities for fifty years, NRA and the

entire Roosevelt administration, and World War II. Working with Baruch at the

WIB was his asst. chairman, Clarence Dillion of Dillon, Read; Robert S.

Brookings, chmn. Price Fixing Committee of WIB, later founded the Brookings

Institution; Felix Frankfurter, chmn. of the War Policies Labor Board; Herbert

Hoover and T.F. Whitmarsh of the U.S. Food Administration; H.B. Swope,

publicity agent for Baruch; Harrison Williams; Albert Ritchie, later Gov. of

Maryland; Gen. Goethals; and Rear Adm. F.F. Fletcher. Goethals was replaced

by Gen. Pierce, who was then replaced by Gen. Hugh Johnson, who became

Baruch’s righthand man for many years. Field tells us that “Gen. Hugh Johnson

stayed on Baruch’s payroll for two months after he became head of NRA (during

the New Deal.)” Field quotes Woodrow Wilson as having Baruch at the WIB, “Let

the manufacturer see the club behind your door.” Baruch told the Graham

Committee, “We fixed prices with the aid of potential Federal compulsion.”

Left out in the Baruch-Wilson mutual esteem society was William Jennings

Bryan, longtime head of the Democratic Party. Bryan not only opposed our entry

into World War I – he dared to criticise the family which had organized the war,

the Rothschilds. Because he dared to mention the Rothschilds, Bryan was

promptly denounced as “anti-Semitic”. He responded, “Our opponents have

sometimes tried to make it appear that we were attacking a race when we

denounced the financial policy of the Rothschilds. But we are nor we are as much

opposed to the financial policy of J.P. Morgan as we are to the financial policy of

the Rothschilds.”

Because of the secret planning needed to launch a major war, control of the

communications media was essential. Kent Cooper, president of the Associated

Press, notes in Life, Nov. 13, 1944, “Freedom of Information”, “Before and during

the First World War, the great German news agency Wolff was owned by the

European banking house of Rothschild, which had its central headquarters in

Berlin. A leading member of the firm was also kaiser Wilhelm’s personal banker

(Max Warburg). What actually happened in Imperial Germany was that the Kaiser

used Wolff to bind and excite his people to such a degree that they were eager for

World War I. Twenty years later under Hitler the pattern was repeated and

enormously magnified by DNB, Wolff’s successors.”

Cooper later noted in his autobiography, “Barriers Down”, “international

bankers under the House of Rothschild acquired an interest in the three leading

European agencies. (Havas, France; Reuters, England; Wolff, Germany).”

On April 28, 1915, Baron Herbert de Reuter, Chief of the Reuters Agency,

shot himself. The cause was the crash of the Reuters Bank, which had been

organized by Baron Julius de Reuter, founder of Reuter’s, to handle foreign

remittances without their being subjected to any accounting. He was succeeded by

Sir Roderick Jones, who says in his autobiography, “Shortly after I succeeded

Baron Herbert de Reuter in 1915, it so happened that I received an invitation from

Mr. Alfred Rothschild, then head of the British House of Rothschild, to lunch with

him in historic New Court, in the City.” Jones prudently refrains from telling us

what was discussed at this meeting.

Only one member of Congress voted against the U.S. declaration of war

against Germany in World War I, Jeanette Rankin. She was also the only member

of Congress to vote against our entry into World War II. Opponents of Wilson’s

action were often beaten and imprisoned. Eugene Debs was sentenced to a long

prison term. Congressman Charles Lindbergh ran for Governor of Minnesota on a

platform opposing our participation in the war. The New York Times regularly ran

scathing denunciations of his campaign. On June 9, 1918, it noted, “Rep. Clarence

H. Miller denounced Lindbergh and the Non Partisan League as seditious.

‘According to Mr. Lindbergh the Liberty Loan is a instrument devised by the

money sharks. It seems inexcusable that any person allowed to be at large in the

United States could entertain or epxress such a view of this.’” Harrison Salisbury

of the New York Times states, “I have searched out the records and they show that

mobs trailed Charles K. Lindbergh Sr. during his 1918 campaign for the Republican

nomination for the Minnesota governorship. He was arrested on charges of

conspiracy along with the Non Partisan Leaguers; a rally at Madison, Minn. was

broken up with firehoses; he was hanged in effigy in Red Wing, dragged from the

speaker’s platform, threatened with lynching, and he escaped from town amid a

volley of shots.”

Salisbury neglects to mention that a squad of Federal agents from the Bureau

of Investigation, led by J. Edgar Hoover on his first important action, attacked

Lindbergh and his family, dragged out all the copies of Lindbergh’s Your Country

at War, and burned them on the lawn; when young Charles rushed forward to

stomp out the fire, Hoover knocked him down.

In the summer of 1917, Woodrow Wilson named Col. House to head the

American War Mission to the Inter-Allied War Conference, the first such American

mission to a European council. With House were his son-in-law, Gordon

Auchincloss, and Paul Cravath, Kuhn Loeb’s lawyer. Auchincloss was director of

Chase Natl. Bank, Solvay, So£ina, and Gross & Blackwell.

Meanwhile, Walter Lippman and another group were busily working on the

plans for the League of Nations. Lippmann had founded the American branch of

the Fabian Society in 1905 as the Intercollegiate Socialist Society, which later

became the Students for a Democratic Society after a period when it was known as

the League for Industrial Democracy; James T. Shotwell and other internationalists

worked with Lippmann on this organization.

Although the war was going well for those who had promoted it, hostilities

were ended somewhat abruptly by the unforeseen intervention of an aide to the

Czar of Russia, Maj. Gen. Count Cherep-Spiridovich, who says, “I had a long

discussion with Gen. McDonough, Chief of the War Intelligence Dept. in London;

I submitted on Sept. 1, 1918 a report advising him peace with Bulgaria would

provoke an uprising in Slavic Austria, panic in Germany and surrender of her

armies; my advice was accepted; two weeks later peace was signed with Bulgaria,

two weeks later Austria was out of the war, two weeks later Germany surrendered.”

L.L. Strauss of Kuhn, Loeb Co. states he was one of four American

delegates who conferred with the Germans at Brussels in March 1919 on the final

armistice. On Nov. 11, 1918, the New York Times headlined, “REDS GRIP ON

GERMANY: Königsberg, Frankfurt-on-Main, Strassburg now controlled by

Spartacist Soviets”. On Nov. 12, 1918, the New York Times stated, “The

revolution in Germany is today, to all intents and purposes, an accomplished fact.”

On the same day, the New York Times headlined, “Splendor Reigns Again; Jewels

Ablaze” – The occasion was a gala evening at the Metropolitan Opera, with Caruso

and Homer signing Samson and Delilah. Attending were the Otto Kahns with the

French Consul-General; the George F. Bakers and his sister Mrs. Goadby Loew;

Cornelius Vanderbilt and his daughters; the Whitneys, the J.P. Morgans, and the

E.T. Stotesburys; the Fricks; Mrs. Bernard Baruch; her husband was in Europe

on important business; Mrs. Adolf Ladenburg. These celebrants were also the

principal investors in American International Corporation, which was financing the

Bolshevik Revolution in Russia.

The American Commission to Negotiate Peace predictably included Walter

Lippmann, the Dulles brothers, the Warburg brothers (Paul from the U.S., Max

from Germany) L.L. Strauss, Thomas W. Lamont, as well as House, Wilson and

Wilson’s Secretary of State, Robert Lansing, the Dulles’ uncle. Their genial host

was Baron Edmond de Rothschild. Representing France at the Peace Conference

was Finance Minister Klotz, who, according to Nowell-Baker, had for years been

usefully employed by the Rothschilds to distribute bribes to the press. The

Reparations Commission was established Jan. 25, 1919, with Bernard Baruch from

the U.S., Klotz from France, and Lord Cunliffe, Governor of the Bank of England,

representing England. Carter Field notes, “Nearly every afternoon Baruch had a

pleasant session at the Crillon with three or four of his old cronies from the War

Industries Board.”

Wilson returned to the United States July 8, 1919, laden with one million

dollars worth of jewelry, gifts from appreciative Europeans as a reward for his

promise to get the U.S. into the League of Nations. Not a single member of

Congress had been with him at the Paris Peace Conference. His associates were

the Fabians of America, Dr. James T. Shotwell, Eugene Delano, and Jacob Schiff.

Herbert Hoover immediately joined Col. House as the most vociferous advocate of

our joining the League of Nations.

Baruch later testified before the Graham Committee; “I was economic

advisor with the peace commission. GRAHAM: Did you frequently advise the

President while there ? BARUCH: Whenever he asked my advice I gave it. I had

something to do with the reparations clauses. I was the American Commissioner

in charge of what they called the Economic Section. I was a member of the

Supreme Economic Council in charge of raw materials. GRAHAM: Did you sit in

the council with the gentlemen who were negotiating the treaty ? BARUCH: Yes,

sir, some of the time. GRAHAM: All except the meetings that were participated

in by the Big Five. BARUCH: And frequently those also.”

The Reparations Commission ordered the Germans to issue four issues of

bonds, all to be delivered to the Reparations Commission as follows : 1. 20 billion

gold marks, 5 billion paper marks by May 1, 1921 for the army of occupation. 2.

War cost of Belgium – 4 billion gold marks due May 1, 1926. 3. 40 billion gold

marks at 2½% interest from 1921-26, to be retired in 1951. 4. a 30-year provisional

fund of general reparations. (Treaty of Versailles, Financial Clauses 248-63).

The bankers immediately began to treat these gigantic sums as sources of

capital, to be monetarised by loans and other negotiable instruments. Lloyd

George told the N.Y. Journal American, June 24, 1924; “The international bankers

dictated the Dawes reparations settlement. The Protocol which was signed

between the Allies and Associated Powers and Germany is the triumph of the

international financier. Agreement would never have been reached without the

brusque and brutal intervention of the international bankers. They swept

statesmen, politicians and journalists to one side, and issued their orders with the

imperiousness of absolute monarchs, who knew that there was no appeal from

their ruthless decrees. The settlement is the joint ukase of King Dollar and King

Sterling. Dawes report was theirs. They inspired and fashioned it. The Dawes

Report was fashioned by the Money Kings. The orders of German financiers to

their political representatives were just as peremptory as those of allied bankers to

their political representatives.”

Although the reparations clauses achieved the desired result of forcing the

Germans to fight a Second World War, the primary result was the formation of a

“front” world government, the League of Nations, while in the background the

conspirators established their real governing body, the World Order, through the

Royal Institute of International Affairs, and its American subsidiary, the Council

On Foreign Relations.

In 1895, Cecil Rhodes, South African agent of the Rothschilds, established a

secret society whose avowed purposes was as follows : “In the end Great Britain is

to establish a power so overwhelming that wars must cease and the Millennium be

realized.” To achieve this goal, he left $150 million to the Rhodes Trust. The

Rothschild already had a group with similar aims, the Round Table, set up by Lord

Alfred Milner, into which J.P. Morgan had been recruited in 1899.

The Council on Foreign Relations Handbook of 1936 states, “On May 30,

1919, several leading members of the delegations to the Paris Peace Conference

met at the Hotel Majestic in Paris to discuss setting up an international group

which would advise their respective governments on international affairs. The U.S.

was represented by Gen. Tasker H. Bliss (Chief of Staff, U.S. Army), Col. Edward

M. House, Whitney H. Shepardson, Dr. James T. Shotwell, and Prof. Archibald

Coolidge. Great Britain was unofficially represented by Lord Robert Cecil, Lionel

Curtis, Lord Eustace Percy, and Harold Temperley. It was decided at this meeting

to call the proposed organization the Institute of International Affairs. At a

meeting on June 5, 1919, the planners decided it would be best to have separate

organizations cooperating with each other. Consequently, they organized the

Council on Foreign Relations, with headquarters in New York, and a sister

organization, the Royal Institute of International Affairs, in London, also known as

the Chatham House Study Group, to advise the British Government. A subsidiary

organization, the Institute of Pacific Relations, was set up to deal exclusively with

Far Eastern Affairs. Other organizations were set up in Paris and Hamburg, the

Hamburg branch being called the Institut fur Auswartige Politik, and the Paris

branch being known as Centre d’Etudes de Politicque Etrangere, at 13 Rue de

Four, Paris VI.” The Hamburg branch was established, of course, because of the

Warburg family bank there.

Having dominated the Paris Peace Conference, Baron Edmond de

Rothschild saw the establishment of the World Order through these groups as the

crowning achievement of his life. The “founders” of the RIIA were, one and all,

Rothschild men; honorary chairman of the GFR was Elihu Root, lawyer for

Morgan and Kuhn, Loeb Co.; Alexander Hemphill, a Morgan banker, and Otto

Kahn of Kuhn, Loeb Co.

The founders of the RIIA were Rothschild’s principal South African agents;

Sir Otto Beit, trustee of Rhodes Estate and director of British South Africa Co.;

Percy Alport Molteno, son of the first Premier of Cape Colony; Sir Abe Bailey,

owner of the Transvaal Mines, who worked closely with Sir Alfred Milner in

starting the Boer War; John W. Wheeler-Bennett, who became Gen. Eisenhower’s

political adviser at SHAEF London 1944-45; Sir Julien Cahn; and Lionel Curtis,

colonial secretary of the Transvaal, who gave his address as the Round Table, 175

Picadilly Rd., London. He was later appointed Beit lecturer on the colonial history

of South Africa.

Other founders of RIIA included four members of the Astor family -

Viscount Astor, Hon. F.D.L. Astor, M.L. Astor, and H.J.J. Astor, the latter being

chmn of The Times and director of Hambros Bank. The first President of RIIA

was Lt. Col. R.W. Leonard, president of the Coniagas Mines. The Lord Patron was

Her Majesty the Queen. All Prime Ministers and Viceroys of the Colonies since

1923 have been Honorary Presidents of RIIA. Stephen King Hall, in his definitive

work, “Chatham House,” says, “The Prince of Wales graciously accepted the office

of Visitor. This appointment secured that the Institute could never be perverted to

party or propaganda purposes.”

The 1934 list of members of RIIA included Sir Austin Chamberlain, Prime

Minister, Chancellor of the Exchequer, Lord Privy Seal, and Secretary of State for

Foreign Affairs; Harold MacMillan, who married the daughter of the Duke of

Devonshire and later became Prime Minister, and Lord Eustace Percy, Duke of

Northumberland. The 1942 membership list includes Sir Roderick Jones, head of

Reuters; G.M. Gatheren-Hardy; Sir Andrew McFadyen, chmn. North British

Borneo Co. and United Rubber Estates – he served with the British Treasury 1910-

1917, represented the Treasury at the Paris Peace Conference 1919-20, was Gen.

Secretary of the Reparations Commission, 1922-25; Commissioner of Controlled

Revenues Berlin 1924-30, later with S.G. Warburg Co.; Col. Vickers; and Lord

Brand, managing director Lazard Bros., who married Lady Astor’s sister, Phyllis

Langhorne, was dep. chmn. British Mission in Washington 1917-18, financial

adviser to Lord Robert Cecil, chmn Supreme Economic Council at the Paris Peace

Conference; George Gibson, dir. Bank of England; John Hambro of Hambros

Bank; Lord Derby (Edward Villiers), Lord of Treasury, Secretary of State for War,

1916-1918, who had a 69,000 acre estate in Lancashire; and Lord Cromer (Baring).

During its early years, RIIA was principally funded by the Rothschilds

through donations funnelled through Sir Abe Bailey and Sir Alfred Beit, with about

5100,000-year; since then, it has been funded with many millions of dollars by the

Rockefeller Foundation and the Carnegie Corporation.

In 1936 the RIIA $400,000 budget was also funded by the following

corporate subscribers: N.M. Rothschild & Sons; British South Africa Co.; Bank of

England; Reuters News Agency; Prudential Assurance Co.; Sun Insurance Office

Ltd; and Vickers-Armstrong Ltd.; all of which were known as Rothschild

enterprises. Other subscribers were J.Henry Schroder Co., Lazard Freres, Morgan

Grenfell, Erlangers Ltd., and E.D. Sassoon Co.

A number of popular books now in circulation claim that the Council on

Foreign Relations is the secret government of the United States. Nothing could be

more incorrect. The members of the Council on Foreign Relations have never

originated a single item of policy for the U.S. Government. They merely transmit

orders to our government officials from the RIIA and the House of Rothschild in

London. It is true that the CFR comprises a ruling elite in the United States, but

they are mere colonial governors absolutely responsible to their overseers in the

World Order. However, every prominent American mentioned in the present

book is a member of the CFR, and therefore it is not necessary to note it each time

a name is mentioned. Not only do they transmit orders to the White House, the

Cabinet, the Federal Reserve Board of Governors, and other government

institutions, but they also maintain absolute control of the foundations, whose duty

it is to formulate policy or organize it in acceptable form to be transmitted to the

government. Shoup’s “Imperial Brain Trust”, 1969, notes that the CFR includes 22

trustees of Brookings Institution, 29 at Rand, 14 at Hudson, 33 at Middle East

Institute, 14 of 19 trustees of the Rockefeller Foundation, 10 of 17 at Carnegie, 7 of

16 at Ford Foundation, 6 of 11 at Rockefeller Bros. Fund. This proves that the

CFR runs these major foundations. In the academic world, CFR members number

58 on the faculty at Princeton, 69 at the University of Chicago, and 30 at Harvard.

Of the banks which are the principal owners of Federal Reserve Bank stock,

directors of Chase include 7 CFR members, 8 at J.P. Morgan, 7 at 1st Natl. City

(now Citibank), 6 at Chemical Bank, and 6 at Brown Bros. Harriman.

The 1968 list of GFR members included John J. McCloy, chmn. of the

board; Frank Altschul, secretary and vice-pres.; David Rockefeller vice-pres.; and

directors Robert V. Roosa, Douglas Dillon, and Allen Dulles. McCloy also served

as chmn. Ford Foundation 1953-65, director of the Rockefeller Foundation, and

personal lawyer to the Rockefeller family interests. His career is typical of a leading

official of the World Order. While a student at Harvard, he became a protege of

Felix Frankfurter. He joined the firm of Cravath, Swaine & Moore, lawyers for

Kuhn, Loeb Co. where he remained from 1925-40. In 1940 Frankfurter

recommended him to Henry Stimson as Asst. Sec. of War, where he remained

from 1941-45. He wrote and issued the infamous War Dept, directive that military

officers must disregard political views of servicemen “unless there is a specific

finding that the individual involved has a loyalty to the Communist Party which

overrides his loyalty to the U.S.” Senator McCarthy termed this directive


McCloy succeeded Eugene Meyer as president o£ the World Bank from

1947-49, was appointed High Commissioner of Germany where he served from

1949-52, was chmn. of the board Chase Natl. Bank from 1953-61, and

Rockefeller’s attorney since then. He is a director of Union Pacific, Westinghouse,

ATT, Dreyfus, Squibb, & Mercedes-Benz. He married Ellen Zinsser, who is not

otherwise identified in McCloy’s 1947 Current Biography; in the 1961 issue, she is

identified as the niece of Hans Zinsser, a bacteriologist. This is odd, because she is

also the daughter of John Zinsser, partner of J.P. Morgan Co., and chmn. of the

board of Sharp & Dohme chemicals. It is an interesting footnote to history that

the son-in-law of a J.P. Morgan partner should be appointed U.S. High

Commissioner of a vanquished Germany.

The New York Times noted on Aug. 6, 1965, “J.J. McCloy Proposes

Foundation Pattern for European Giving”. He stated at Salzburg, “I wish that

there could be erected in Europe a complex of foundations whose representatives

could exchange thoughts with those of American foundations and thus form a sort

of informal approach to some of the great problems of the day.” “Informal” is the

code word of the World Order. It means “issuing from world headquarters”.

McCloy did not state the obvious, that five men control all of the major U.S.

foundations, and that he wished they could have the same system in Europe.

The RIIA has worked closely with the London School of Economics, which

was set up as a training school for the World Order bureaucrats. The school was

established in 1920 with financial aid from the Rothschilds and Sir Julius Wernher.

Sir Ernest Cassel later gave the school 472,000 pounds. Prof. J.H. Morgan wrote in

Quarterly Review, Jan. 1939, “When I once asked Lord Haldane why he persuaded

his friend Sir Ernest Cassel, grandfather of Lady Mountbatten, to settle by his will

large sums on the London School of Economics, he replied, our object is to make

this institution a place to raise and train the bureaucracy of the future Socialist

State.” Sir William Beveridge, author of Great Britain’s ruinous Cradle to the

Grave political program, was director of the London School of Economics from


The British Empire has prospered on piracy, slavery and the drug traffic.

Drakes’ Pirates became the Merchants Adventurers Co. (Sebastian Cabot) which

later became the Chartered Co. of East India. It was reorganized in 1700. It

originally paid the Hong of Canton silver for tea, but discovered they would accept

opium instead. This fortuitous arrangement encountered resistance from some

Chinese leaders, causing England to prosecute ten Opium Wars against China,

from the Opium War of 1840-43 to the Manchurian Conquest of 1931.

In 1715 the British East India Co. opened its first Far East office in Canton.

Crown Policy deliberately fostered opium addiction among the natives to facilitate

British political control. The British Empire was then threatened with bankruptcy

if it lost the American colonies. In order to defeat the rebels, the profits of the

opium trade with China were sent to the Elector of Hesse via Mayer Amschel

Rothschild to hire 16,800 Hessian troops. Thus the drug traffic and the

Rothschilds played a pivotal role in American history, although it has been ignored

or deleted from the history books.

David Ricardo, father of the quantity theory of money and the “rent”, or

loot theory, was on the Court of Proprietors of the East India Co. He had John

Stuart Mill appointed as Chief Examiner. The colonial minister of England during

the Opium Wars was Edward Bulwer Lytton, who wrote the Treaty of Nanking in

1842, bringing England E21 million in silver and control over the free port of

Hong Kong. Britain then allied with the Hong Society, the Triads and Assassins, to

rule the Chinese to the present time. Bulwer Lytton’s son was Viceroy of India

during the 1880s at the height of the opium trade, and sponsored Rudyard

Kipling’s writings about the British Raj in India. The profiteers from the drug

trade included William, Earl of Shelburne, who organized Britain’s first Intelligence

Service, whose agents were drawn from Britain’s leading families. Its chairman was

George Baring, and it employed Adam Smith, Jeremy Bentham, and Thomas

Malthus. The Geneva headquarters was run by the Mallet Prevost family, whose

descendants include Allen Dulles of the CIA.

Basil Lubbock’s work, The Opium Clippers, 1933, lists the principal owners

of British vessels engaged in the opium trade, with color illustrations of their flags.

Most of them were ex-slavers. No. 1 was Hon. East India Co. (known to the

Chinese as Hon John Co.); 2. Jardine Matheison; 3. Dent & Co.; 4. Pybus Bros.;

5. Russel & Co.; 6. Cama Bros.; 7. Duchess of Atholl; 8. Earl of Balcarras; 9.

George IV; 10. Prince Regent; 11. Marquis of Camden; 12. Lady Melville.

On Feb. 1, 1927, the New York Times noted the passing of Sir Robert

Jardine, “the son and heir of the late Sir Robert Jardine, and succeeded his father as

the head of Jardine Mathieson & Co. Hong Kong which for a long time held

almost a monopoly in the importation of Indian opium into China.” Sir Robert

had inherited $20 million and 20,000 acres in Scotland. Dr. William Jardine had

settled in Canton in 1819.

The present Duke of Atholl owns 202,000 acres at Blair Castle, and is the

only person in England authorized by the Crown to maintain a private army. Lady

Melville’s ancestor, George, the first Earl, welcomed William of Orange to the

throne in 1688 and was appointed Lord Privy Seal.

In Paris, Banque Rothschild directors include Elie de Rothschild, director of

New Court Securities, Banque Leumi de Israel, Five Arrows Fund N.V. Curacao;

Alain de Rothschild, Five Arrows Fund Guracao, Banque Lambert de Bruxelles;

Guy de Rothschild – Rio Tinto Zinc, New Court Securities, NY.; Sir James

Goldsmith; Hubert Faure, Ambassador to Colombia, pres. Schneider Madrid and

ten Otis companies; Bernard de Villemejane, pres. Imetal, director Copperweld.

Sir James Goldsmith is also chmn. Generale Occidentale which owns Grand Union

and Colonial food stores in the U.S., Cavenham USA and Banque Occidentale; its

directors include David de Rothschild (son of Guy), who is also director of

Compagnie du Nord and Societe de Nickel.

Through the Belgian branch of the Rothschild family, we can trace the

influence of the Rothschilds in Africa during the past century. Baron Leon

Lambert financed King Leopold’s Belgian empire; the Congo Syndicate included

Baron Empain (l’compagnie d’Orient) F. Philippson & Co., and Banque Outremer.

This syndicate was allied with Banque de Paris, the Anglo-Italian Group, and the

Peking Syndicate. The Congo empire camel into being in 1885 after Leopold had

financed Stanley’s explorations. It included an area the size of Poland, and

produced fabulous returns from Congo rubber, ivory and slaves. Later the Union

Miniere acquired vast copper mines, the Compagnie de Katanga. One of their

most ruthless agents was Emile Francqui, who later became Hoover’s partner in

China and in the Belgian Relief Commission; his name survives at Congo’s Port

Francqui. The Congo interests are now controlled by the Lamberes through

Societe Generale de Banque, which merged the Societe Generale de Belgique, the

oldest bank in Brussels, founded in 1822, and Banque d’Anver, founded 1827; its

secretary is Baron Fauconval, a director of the Rockefeller Foundation. Societe

Generale acquired Union Miniere in Dec. 1981; in 1972 it had acquired Compagnie

Outremer, formerly Banque Outremer, and in Dec. 1964, had acquired 25% of

SOFINA, Societe Financier de Transport & Enterprises Industrielles, the largest

holding company in Europe. These firms are controlled by the Rothschild bank,

Banque Bruxelles Lambert, founded in 1840 by Baron Lambert. The present

Baron is director of Soceite Generale de Banque, and president of Compagnie

Generale d’Enterprises Electricque which owns fifty power companies.

Banque Lambert de Bruxelles is also the Lambert of the Wall Street firm of

Drexel Burnham Lambert, owning 19% of it.

Gerard Eskenazi is director of Compagnie Generale; he is also managing

director of Electrorail S.A., a holding company for Schneider S.A., European

Trading and African Corp., and Canadian Investment Trust. The president of

Electrorail is Baron Empain. Eskenazi is also director of Compagnie International

des Wagons Lits (Thomas Cook travel agency). Baron Edouard Empain and his

son Baron Francois Empain are also directors of Compagnie Generale.

Another Belgian holding company, Delhaizes Frere et Cie Leon, established

1867, now owns Food Giant and Food Town Stores in the U.S., renamed Food


Through Banque Bruxelles and its interlocking companies, the Rothschilds

effectively control Belgium. They also interlock with the Thurn und Taxis interests

in Germany. Prince Johannes Erbprinz Thurn und Taxis is said to be the richest

man in Europe, controlling Bayerische Vereinsbank, fourth largest bank in

Germany, which has four subsidiaries in Frankfurt, including Bankhaus Gebruder

Bethmann. Bethmann-Hollweg of this family had been Chancellor under Kaiser

Wilhelm, and had set off World War I. He was a cousin of the Rothschilds.

Bayerische Vereinsbank also owns controlling interest in Banque de Paris et dea

Payes, and Banque de l’Europeene Paris. Thurn und Taxis is a direct descendant of

William of Orange, who chartered the Bank of England; his mother, the Princess

of Braganza of the former ruling house of Portugal, has three direct family

connections with the present House of Windsor; Prince Thurn und Taxis also has

four connections with the House of Windsor.

The Thurn und Taxis family has enjoyed eight hundred years of prominence

in Europe. Originally Tasso of Bergamo, they later emigrated to Brussels. They

supervised the postal service and intelligence of the Most Serene Republic of

Venice, and later fulfilled the same post in the Hapsburg Empire. The present

Prince has huge estates in Brazil; he is the financial adviser of the Rolling Stones;

and his palace of St. Emmerans is larger than Buckingham Palace; it costs 2.5

million DM a year to maintain. The Regensburg branch of the family was allied

with the Fuggers and the Wessers. They now finance the Pan European Union

which is headed by the Hapsburg heir, Archduke Otto, and the Mont Pelerin

Society, a subsidiary of Pan Europe.

The House of Hesse, which played such a crucial role in the founding of the

Rothschild fortune, and in the founding of America, seldom appears in the news.

On Nov. 17, 1937, six members of the family were killed in the crash of a Sabena

airliner at the fog-shrouded Ostend airport. The head of the family, Grand Duke

Ernst Ludwig (who had tried to end World War I by a desperate mission into

Russia to confer with the Czar) had died on Oct. 9, causing the postponing of

Prince Ludwig’s marriage to Margaret Campbell Geddes in London for seven

weeks. Grand Duke George, the new head of the family, his wife Princess Cecilia

of Greece and Denmark, two sons and the Dowager Duchess, as well as the newly

born son of Princess Gecilia, were all killed. The child’s unexpected arrival

apparently caused the tragedy, as the pilot tried to land at Ottend, an unscheduled

stop. Prince Ludwig, social attache at the German Embassy in London, went

ahead with the wedding on the following day; his best man was his cousin Prince

Louis Mountbatten. Two princes of Hesse had married two daughters of Queen

Victoria; Beatrice had married Prince Henry of Battenberg; grandfather of the

present husband of Queen Elizabeth.

Prince Ludwig’s father-in-law, Sir Auckland Campbell Geddes, also had a

Rothschild connection; he was chmn. of Rio Tinto. He served as Minister of

National Service, 1917-19, British Ambassador to the U.S., 1920-24. His brother,

Sir Eric Geddes, was a member of the Imperial War Cabinet and First Lord of the

Admiralty 1917-18, Minister of National Transport 1919-21, and later chmn.

Imperial Airways and Dunlop Rubber. His son, Sir Anthony Geddes, married into

the Matthey family, became director of the Bank of England, dep. chmn. Midland

Bank, director Shell Transport & Trading, and is now chmn Dunlop Holdings. Sir

Auckland’s son, the 2d Baron, was with Shell Oil 1931-46, British Merchant

Shipping Mission in Washington, 1942-44, Minister of War Transport, 1944-45,

and is now director of Peninsular & Orient Steamship Lines.

On June 7, 1946, the New York Times headlined a front page story from

Frankfort-on-Main; the army was seeking $1,500,000 in stolen jewels, later revised

to $3 million value. The jewels, belonging to the House of Hesse, had been hidden

in their cellar of their castle in 1944. They belonged to Princess Margaretha, sister

of Kaiser Wilhelm. A party of U.S. Army officers had held a party at the Hesse

castle to celebrate the anniversary of D-Day. During the party, they discovered

1600 bottles of wine buried in the cellar; beneath the wine they found the jewels.

Ten of the celebrants drank the wine and divided up the jewels. Maj. Gen. J.M.

Bevans, who was reprimanded, later returned his part of the loot. Wac. Captain

Kathleen Durant and her husband, Col. J. Durant were tried after two quarts of

diamonds were dug up in the backyard of their Falls Church home. Maj. David

Watson also was sentenced; he had been previously awarded the Bronze Medal

personally by Gen. Eisenhower for his supply work, and also received the Russian

Medal for Battle Merit from Marshal Zhukov.

The House of Hesse is also known for the Curse of Hesse, their

introduction of the family disease of hemophilia into many of the ruling houses of

Europe, particularly the Spanish Royal Family and the Romanov family in Russia.

Old Mayer Amschel’s heritage has survived intact, according to the

Washington Post, Dec. 20, 1984, which notes that Frankfurt-am-Main is the

financial capital of Germany, headquarters of the five dominant German banks,

with 175 foreign banks established there. It also is headquarters for the Central

Bank, and the country’s largest stock exchange. Like Manhattan, it is also a center

of vice and corruption, with sex shops, drugs, and frequent riots because of the

presence of 11,000 American occupation troops.

Penetration of the United States is shown by a fullpage ad in the Wall Street

Journal Dec. 21, 1984, a solicitation to purchase all the outstanding shares of

Scovill, Inc. by First City Properties, Inc. with the deal managed by Rothschild,

Inc. One Rockefeller Plaza, New York. “First City” is the Rothschild code for

banks originating under their influence from the “City of London” financial

district. First City Properties, Beverly Hills, Calif., is headed by Samuel Belzberg,

who also heads First City Financial Corp. Vancouver, First City Trust, Edmonton,

and First City Development Ltd. He is a director of Dead Sea Canal Co. The

Belzbergs started in Canada with a used furniture store (rag and bone men), and are

now influential wheeler dealers on the American stock market.

Rothschilds Inc., established at the Rockefeller address, is successor to

Banque Rothschild of Paris. Its co-chairmen are Guy de Rothschild and Evelyn de

Rothschild. Directors are Lord Rothschild, head of N.M. Rothschilds & Sons,

London; David de Rothschild, Nathaniel de Rothschild, Eric de Rothschild;

Thomas L. Piper III, sr. vp Dillon Read and manager of the Rothschild’s New

Court Securities; its managing director is Wilbur L. Ross Jr., who is also director of

Peabody International, and N.M. Rothschild’s & Sons International. Other

directors of Rothschild International include John Loudon, former chairman of

Shell Oil, director of Ford Motor Co., the Ford Foundation, Orion Bank and

chairman of Atlantic Institute. He is a Grand Officer of the Order of OrangeNassau,

a group formed to commemorate the chartering of the Bank of England

by William of Orange in 1694. Another director of Rothschild Inc. is G. Peter

Fleck, born in Amsterdam, chairman New Court Securities, formerly with

Erlangers, and the Banque de Pays de L’Europe Central of Paris, cited by Higham

as a key bank during Nazi occupation of France. Fleck is also officer of the Order

of Orange-Nassau.

Banque de Pays de L’Europe of Paris, (Paribas) was recently bought by

Merrill Lynch. Paribas bought 50% of Dillon Read Ltd. in a consortium with

Bruxelles Lambert (the Belgian Rothschilds), the Power Group and the Laurentian

group of Canada, the Tata Group of India, Elders IXL holding company of

Australia, Swiss Bank Cantrade, and two British groups, Investors in Industry, a

Bank of England group with nine English and Scottish banks, and the British

postal pension fund.

Power Corp. of Canada directors included G. Eskenazi, of Belgian

Rothschild firms, and William Simon, former Secretary of the Treasury of the U.S.

The “Canadian connection”, the Belzbergs and Bronfmans, demonstrates the

growing power of the Rothschilds in billion dollar mergers and takeovers of U.S.

industry, including DuPont. These mergers recall the same kind of activity taking

place in 1929, just before the stock market debacle, and represent the battening

down of the hatches before the storm.

CHAPTER TWO Soviet Russia

Soviet Russia was allowed to emerge from the destruction of World War II

as one of the victors, solely because she was needed as the next “evil empire”

against which the civilized West could launch a new Crusade. Because Russia was

bankrupt, had lost 40 million of her population in the war, plus another 66 million

murdered by the Bolsheviki since 1917, and was unable to feed herself, once again

the World Order was obliged to step in with enormous subsidies of food and

material from the U.S., in order to maintain an “enemy power”. The Belgian Relief

Commission of 1916 became the Marshall Plan of 1948. Once again, the loads of

supplies were shipped into Europe, ostensibly for our Allies, but destined to

maintain the Soviet bloc.

Although Jacob Schiff’s personal agent, George Kennan, had regularly

toured Russia during the latter part of the nineteenth century, bringing in money

and arms for the Communist revolutionaries (his grandson said that Schiff had

spent $20 million to bring about the Bolshevik Revolution) more concerted aid was

called for to support an entire regime. Kennan also aided Schiff in financing the

Japanese in the Russo-Japanese War of 1905; the Japanese decorated Kennan with

the Gold War Medal and the Order of the Sacred Treasure. In 1915, the American

International Corporation was formed in New York. Its principal goal was the

coordination of aid, particularly financial assistance, to the Bolsheviks which had

previously been provided by Schiff and other bankers on an informal basis. The

new firm was funded by J.P. Morgan, the Rockefellers, and the National City

Bank. Chairman of the Board was Frank Vanderlip, former president of National

City, and member of the Jekyll Island group which wrote the Federal Reserve Act

in 1910; directors were Pierre DuPont, Otto Kahn of Kuhn, Loeb Co., George

Herbert Walker, grandfather of Vice President George H. Bush, William

Woodward, director of the Federal Reserve Bank of New York; Robert S. Lovett,

righthand man of the Harriman-Kuhn, Loeb Union Pacific Railroad; Percy

Rockefeller, John DiRyan, J.A. Stillman, son of James Stillman principal organizer

of the National City Bank; A.H. Wiggin, and Beekman Winthrop. The 1928 list of

AIC directors included Percy Rockefeller, Pierre DuPont, Elisha Walker of Kuhn,

Loeb Co., and Frank Altschul of Lazard Freres. In their program of aiding the

Communists, AIC worked closely with Guaranty Trust of New York (now Morgan

Guaranty Trust). Guaranty Trust’s directors in 1903 included George F. Baker,

founder of the First National Bank; August Belmont, representative of the

Rothschilds; E.H. Harriman, founder of Union Pacific Railroad; former vice

president of the U.S., Levi Morton, who was a director of U.S. Steel and the Union

Pacific; Henry H. Rogers, partner of John D. Rockefeller in Standard Oil, also a

director of Union Pacific; H. McK. Twombly, who married the daughter of

William Vanderbilt, and was now the director of fifty banks and industries;

Frederick W. Vanderbilt, and Harry Payne Whitney.

No one would seriously believe that bankers of this magnitude would

finance an “anti-capitalist” revolution for the Communists, yet this is exactly what

happened. These same men financed Woodrow Wilson’s political campaigns, and

it was these same men to whom Wilson referred in his opening address to the Paris

Peace Conference, when he said, “There is moreover a voice calling for these

definitions of principles and purposes which is, it seems to me, more thrilling and

more compelling than any of the moving voices with which the troubled air of the

world is filled. It is the voice of the Russian people. There are men in the United

States of the finest temper who are in sympathy with Bolshevism because it appears

to them to offer that regime of opportunity to the individual which they desire to

bring about.” (The Great Conspiracy Against Russia, Seghers and Kahn.) The

men of “the finest temper”, to whom Wilson referred, the Morgans and the

Rockefellers, did not really desire opportunity for the individual; what they desired

was the lifelong imposition of slavery under the World Order, and this is the goal

which they continue to strive to achieve, on a world wide basis.

These Americans “of the finest temper” chose Lenin to do their work

because he had outlined the plan they wanted in “The Threatening Catastrophe” in

September, 1917, “1. nationalisation of the banks. Ownership of capital which is

manipulated by the banks is not lost or changed when the banks are nationalised

and fused into one state bank, so that it is possible to reach a stage where the state

knows whither and how, from where and at what time millions and billions are

flowing. Only control over bank operations providing they are merged into one

state bank will allow, simultaneously with other measures which can easily be put

into effect the actual levying of income tax without concealment of property and

income. The state for the first time would be in a position to survey all the

monetary operations, then to control them, then to regulate economic life.

FINALLY, to obtain millions and billions for large state operations, without paying

the capitalist gentlemen skyhigh commissions for their services. It would facilitate

the nationalisation of syndicates, abolition of commercial secrets, the

nationalisation of the insurance business, facilitate the control of and the

compulsory organization of labor into unions, and the regulation of consumption.

The nationalisation of banks would make circulation of checks compulsory by law

for all the rich, and introduce the confiscation of property for concealing incomes.

The five points of the desired program then, are nationalisation of the banks,

nationalisation of the syndicates, the abolition of commercial secrets, and the

compulsory organization of the population into consumer associations.”

It was the publication of this program which catapulted Lenin into the

leadership of Russia via the Bolshevik Revolution. In 1917, Frank Vanderlip

publicly referred to Lenin as “the modern version of George Washington.”

The Lenin program is not only the program of Soviet Russia – it is the

program of Roosevelt’s New Deal, Truman’s Socialism, the postwar Labor

Government in England, and the guiding principle of subsequent American

Administrations. The Labor Government of England proved Lenin’s dictum that

the ownership of capital is not affected by the nationalisation of the banks, when

they nationalised the Bank of England. The Lenin program is the entire program

of the U.S. Internal Revenue Service, “the actual levying of income tax without

concealment of property or income”, “the confiscation of property for concealing

incomes”. The Lenin program is the program of the big rich precisely because it

abolishes private property, and puts it under the control of the state. The state is

controlled by the big rich, the World Order.

The definitive authority of the Lenin program captured the attention of the

financiers. Here was the opportunity to subdue and control all future competition

with the power of a totalitarian state, to stifle future development, and to hold the

entire population of the world in thrall to their greed. This program took Lenin

back to Moscow to seize the government by force and to rule by terrorism. In

“Germany and the Russian Revolution”, we find Telegram No. 952 D 2615, State

Sec. to min in Copenhagen: Your Embassy is authorized to pay one million

roubles to Helphand. The corresponding sum should be drawn from the Legation


Minister Copenhagen 23 Jan. 1916 – Dr. Helphand; “The sum of a million

roubles already reached Petrograd, and devoted to the purposes for which it was

intended.” On May 8, 1916, Berlin requested 130,000 M. for Russian propaganda.

Under Secretary State to the Minister in Bern, telegram No. 348; “It was

considered advantageous to Germany to bring out the members of Lenin’s party,

the Bolsheviks, who are about forty in number. The special train will be under

military escort.”

Vernadsky says, in his “Life of Lenin”,

“In the autumn of 1915, the German Russian Social Democrat Parvus Helphand

(Israel Lazarevitch) who had formerly been active in the Revolution of 1905,

announced the paper published by him in Berlin, ‘The Bell’, his mission to ‘serve as

an intellectual link between the armed Germans and the revolutionary Russian

proletariat ...... During the war Helphand was engaged in furnishing supplies to the

Germany army in huge quantities, and so considerable amounts of money passed

through his hands .... A railway car in which were Lenin, Martov, and other exiles

was attached to the train leaving for Germany from Switzerland on April 8, 1917.

On April 13, Lenin embarked on the steamer sailing from Sassnitz to Sweden. So

the trip through Germany took at least four days.”

The Leninists quickly exhausted the funds advanced by the Germans when

they reached Russia, and once again the Bolshevik bid for absolute power seemed

in doubt. To whom should Lenin turn but his powerful friend in the White House

? Wilson promptly sent Elihu Root, Kuhn Loeb lawyer and former Secretary of

State, to Russia with $20 million from his Special War Fund, to be given to the

Bolsheviks. This was revealed in Congressional Hearings on Russian Bonds, HJ

8714.U5, which shows the financial statement of Woodrow Wilson’s expenditure

of the $100 million voted him by Congress as a Special War Fund. The statement,

showing the expenditure of $20 million in Russia by Root’s Special War Mission to

Russia, is also recorded in the Congressional Record, Sept. 2, 1919, as given by

Wilson’s secretary, Joseph Tumulty.

Not to be outdone in generosity, J.P. Morgan & Co. also rushed financial

assistance to the beleaguered Lenin terrorists. Col. Raymond Robins headed a Red

Cross Mission to Russia. Henry P. Davison, J.P. Morgan’s righthand man (also a

member of the Jekyll Island team which secretly wrote the Federal Reserve Act in

1910), had raised $370 million in cash for the Red Cross during World War I, of

which several millions were brought to the Russians by Robins team. Aiding him

in this charitable work were Frank Vanderlip, chairman of American International

Corp., and William Boyce Thompson, another director of the Federal Reserve

Bank of New York. Major Harold H. Swift, head of the meat packing family,

accompanied Robins on this mission of mercy, or should we say business ? Swift

used the occasion to garner a $10 million meat order for his brother-in-law,

Edward Morris, of Morris Co. On Jan. 22, 1920, the Soviets ordered another $50

million of meat from Morris Co.

Wall Street lawyer Thomas D. Thacher was also a key man of the Robins

mission of mercy. The involvement of the J.P. Morgan firm with the Bolshevik

Revolution is revealed in Harold Nicholson’s biography of Dwight Morrow

(Morrow was the father-in-law of Charles Lindbergh Jr.) as follows,

“His (Morrow’s) interest in Russia dated from March 1917 when Thomas D.

Thacher, his law partner, had been a member of the American Red Cross Mission

during the revolution. It was strengthened by his friendship with Alex Gumberg,

who had come to New York as representative of the All-Russian Textile Syndicate.

‘I have felt,’ he wrote in May 1927, ‘that the time would come when something

would have to be done for Russia.’ He was himself active in furthering official

relations between Soviet emissaries and the State Dept., and he provided M.

Litvinov with a warm letter of recommendation to Sir Arthur Salter in Geneva.

Nor was this all. When in Paris he gave a dinner party at Foyot’s to which he

invited M. Rakovsky and other Soviet representatives.”

Morrow’s actions might be understandable in a professor of economics at

Polytechnic U., but they are incredible from a partner of the world’s most

prominent banking firm. Alex Gumberg was no mewling social worker but a

hardcore propagandist, who returned to the U.S. in 1918 as Trotsky’s literary agent,

and promptly placed two Trotsky manuscripts with publishers. Gumberg also

became consultant to Chase National Bank, and Simpson Thacher and Bartlett. He

had been business manager of the Soviet paper Novy Mir during the first months of

revolution in Russia; when Raymond Robins’ Red Cross Mission arrived in Russia,

Gumberg served as interpreter and advisor to the Mission, working closely with

Thacher. The present senior partner of Simpson Thacher and Bartlett is Cyrus

Vance, who served as Carter’s Secretary of State, and is now a director of the

Rockefeller Foundation.

The international financiers, advised by Gumberg, now launched a

worldwide propaganda campaign to sell the Bolsheviks as idealists, selfless

humanitarians, and the modern disciples of Christ, who wished only to spread

brotherhood and universal love throughout the world. The tune rang strangely

against the backdrop of the machine guns steadily chattering in Russia as the

“disciples of love” massacred millions of women and children, but none of their

devout admirers in the United States heard this as a sour note.

From the outset, the “humanitarians” showed an excessive concern for the

material wealth which they had seized from its rightful owners. The New York

Times noted on Jan. 30, 1918, a despatch from Petrograd,

“The people’s commissaries have decreed a State Monopoly of gold. Churches,

museums and other public institutions are required to place their gold articles at the

disposal of the State. Gold articles belonging to private persons must be handed

over to the State. Informants will receive one-third of the value of the articles.”

Lenin said, “The Soviet Union must carefully save its gold. When living with

the wolves, howl like the wolves.”

One of the first orders issued by the new regime was, “The banking business

is declared a state monopoly.” Signed: Lenin, Krylenko, Podvolsky, Gorbunov.

Marx’s philosophy of history claims that the world operates solely through

the economic organization of society, based on the production and exchange of

goods. However, this is the world view of the parasite, who is concerned only with

obtaining his sustenance from the host. The materialist reduction of life to the

obtaining of food at someone else’s expense eliminates first, man’s spiritual life,

second, all ideas, because the materialist idea explicitly excludes all other ideas, and

third, the long term view, the concept of investing over a period of time for a

return which will not be available for years or perhaps never. The parasitic view is

limited to the next meal, or to creating a situation in which he cannot be dislodged

before obtaining his next meal. This Marxist short term view has become the

standard doctrine in American graduate schools of business, particularly Harvard,

which was financed by George F. Baker and J.P. Morgan. The result is that

American industry, limited by the short term view, has steadily declined for twentyfive

years. The high interest rates imposed by the international bankers also force

industry to concentrate on short term gains merely to pay interest on their loans.

Marx said, “The first function of gold is to give the commercial world a

material by which to express value, that is, to express the value of all other goods,

as homynous variables, that are qualitatively identical and quantitatively

comparable.” Karl Marx Soc. v.23, p.104.

Marx’s economic views were entirely compatible with the views of the

banking establishment in the City of London and particularly the House of

Rothschild. It is no accident that Karl Marx is buried, not in Moscow, but in

London, nor is it an accident that the triumph and bloodbath of the Bolsheviks in

Russia gave the Rothschilds and their associates one billion dollars in cash which

the luckless Czar had deposited in their European and New York banks. Few

people know that Marx had close relations with the British aristocracy, through his

marriage to jenny von Westphalen. She was related to the Scottish Dukes of

Argyll, who had long been revolutionaries; and the Campbells, who set up the

baptist splinter group, the Campbellites.

Jenny von Westphalen’s ancestor, Anna Campbell, Countess of Balcarras

and Argyll, was governess to the Prince of Orange from 1657-59, the future King

William who later granted the charter of the Bank of England; Archibald

Campbell, first Duke of Argyll, accompanied William on his voyage to England in

1688 to seize the throne. The present Earl of Balcarras is related to Viscount

Cowdray, Weetman John Churchill Pearson, whose mother was the daughter of

Lord Spencer Churchill; his sister married the Duke of Atholl, and he married the

daughter of the Earl of Bradford. The Argyll-Balcarras family is represented by the

Lindsay and Campbell families; the present Earl of Grawford, Robert A. Lindsay is

the 29th Earl, and also the 12th Earl of Balcarras. His is also chairman of National

Westminster Bank, director of Rothschild’s Sun Alliance Assurance. His mother

was a Cavendish. He was formerly private secretary to the Secretary of State, and

later served as Minister of State for Defense and Minister of State for Foreign and

Commercial Affairs.

Despite a later reputation for “anti-Communism”, Herbert Hoover was not

only the most tireless proponent of the League of Nations in partnership with Col.

House; he also was the first American to step in with large scale assistance to

prevent a massive uprising against the faltering Bolshevik regime. Hoover saved

the Bolsheviks by organizing a massive program to rush food to the beleaguered

Communists. On Nov. 28, 1917, his associate, Col. House had cabled Wilson a

few days after the Bolsheviks seized power, urging the extreme importance of

suppressing all American newspaper criticism of the Bolsheviks: “It is exceedingly

important that such criticism be suppressed.” The telegram was placed in a

confidential file, and only came to light six years later.

In “The Unknown War with Russia”, Robert J. Maddox noted in 1977,

“Wilson greeted the March Revolution in Russia as a major step toward achieving

the kind of postwar world he envisioned. He made sure the U.S. was the first to

recognize the Provisional Government.” Maddox points out that Wilson insisted

that No. 6 of his famous fourteen points at Versailles was that “Russia should

continue under institutions of her own choosing”, thus guaranteeing the future of

the Bolshevik regime. His closest political aide, Col. House, sent his own secretary,

Kenneth Durant, to Russia to become a secretary in the Soviet Bureau in 1920 !

William Laurence Sanders, chairman of Ingersoll Rand, and deputy chairman

of the Federal Reserve Bank of New York, wrote to Wilson, Oct. 17, 1918, “I am

in sympathy with the Soviet form of government as the best suited for the Russian

people.” George Foster Peabody, also deputy chairman of the Federal Reserve

Bank of New York since 1914, and noted “philanthropist” who organized the

General Education Board for the Rockefellers, stated that he supported the

Bolshevik form of state monopoly. Thus we had three of the most prominent

officials of the Federal Reserve Bank of New York on record as supporting

Bolshevism, Sanders, Peabody and William Boyce Thompson. Thompson then

announced he was giving one million dollars to promote Bolshevik propaganda in

the United States ! Because the Federal Reserve Bank of New York was controlled

by five New York banks who owned 53% of its stock, and because these five banks

were directly controlled by N.M. Rothschild & Sons of London, we can only

conclude that these three men were merely stating the preferences of their

employer. The National City Bank had already loaned Russia $50 million, and

Guaranty Trust, whose directors were the leading financiers in New York, now

became the financial correspondent for Soviet interests in America. In January

1922, Secretary of Commerce Herbert Hoover introduced on behalf of Guaranty

Trust a resolution permitting relations with “the new State Bank at Moscow”.

Secretary of State Charles Evans Hughes strongly opposed this resolution, but

Hoover succeeded in getting it approved. A German banker, Max May, now vice

pres. of Guaranty Trust, became head of the foreign dept. of the Ruskombank in

1923, the first Soviet international bank. Who’s Who states that Max May came to

the U.S. 1883, naturalized 1888, vice pres. Guaranty Trust 1904-18, director and

member of board Russian Commercial Bank 1922-25. J.P. Morgan and Guaranty

Trust acted as the fiscal agents of the Soviet Government in the U.S.; the first

shipments of “Soviet” gold, which was actually the Czar’s gold, were deposited in

Guaranty Trust.

In a typical move to disguise their operations, Otto Kahn and several

officials of Guaranty Trust then founded an “anti-Communist” group, United

Americans, which circulated virulent anti-Communist and anti-Jewish propaganda.

Like most such organizations, it was designed to discredit and render impotent

anyone opposed to Communism who became involved in its work.

On Feb. 1, 1919, Edward L. Doheny, the oil tycoon, told C.W. Barron,

founder of the Wall Street Journal,

“Pres. Eliot of Harvard is teaching Bolshevism. The worst Bolsheviks in the U.S.

are not only college professors, of whom President Wilson is one, but capitalists

and the wives of capitalists. Frank G. Vanderlip is a Bolshevik. Socialism is the

poison that destroys democracy. Socialism holds out the hope that a man can quit

work and be better off. Bolshevism is the true fruit of Socialism.”

The world headquarters of the Bolshevik movement was now at 120

Broadway on Wall Street. The Equitable Life Bldg. at 120 Brodway had been built

by a corporation organized by Gen. T. Coleman DuPont. During the early 1920s,

120 Broadway not only housed Equitable Life, but also the Federal Reserve Bank

of New York, whose directors were enthusiastically supporting the Bolsheviks; the

American International Corporation, which had been organized to aid the Soviet

Union; Weinberg and Posner, which received a $3 million order for machinery

from the Soviet Union in 1919, and whose vice president was Ludwig Martens, first

Soviet Ambassador to the U.S.; John McGregor Grant, whose operations were

financed by Olaf Aschberg of Nya Banken, Stockholm, who had transmitted large

sums furnished by the Warburgs for the Bolshevik Revolution; the London agent

of Nya Banken was the British Bank of North Commerce, whose chairman was

Earl Grey, a close associate of Cecil Rhodes – Grant had been blacklisted by the

U.S. Government for his support of Germany during World War I; and on the top

floor of 120 Broadway was the exclusive Bankers Club. These were the organizers

of the World Order. Their instrument of power was gold. The Great Soviet

Encyclopedia noted, “Under socialist economic conditions, gold is also a universal

equivalent, used as a measure of value and a scale of prices. The gold content of

the Soviet ruble was established at .0987412 grams as per Jan. 1, 1961. In the world

socialist market gold is used as the universal money.”

Many Americans are puzzled by the relentless devotion of the Rockefeller

Foundation to financing Communist organizations in many parts of the world.

This dedication to Communism can be traced back to a crucial moment in the

Bolsheviks’ march to power. In 1917, Mackenzie King had established a lifelong

relationship with John D. Rockefeller, Jr. whom he met in June, 1914. They had

been born in the same year, 1874, and seemed to agree on everything. Soon, King

was working closely with Frederick T. Gates and Ivy Lee to further the Rockefeller

“philantropies”, which seemed to view Communism as the ideal vehicle to bring

about world brotherhood. King wrote to this friend Violet Markham, “John D.

Rockefeller Jr., the truest follower of Christ, has one purpose – to serve his fellow

man.” King resolved that his one purpose was to serve Rockefeller; he testified for

him at the trial investigating the Colorado Iron and Fuel Co. massacre before the

Walsh Committee (the Rockefellers later tried to have Walsh framed and expelled

from the Senate, but failed due to the obstinancy of Burton J. Wheeler; J.Edgar

Hoover played a crucial role in setting up the frame).

The Rockefellers helped Mackenzie King obtain government contracts for

the Canadian Army during World War I, which set King up for later blackmail (the

“Panama” hold over the vassals). King sold hundreds of tons of rotten meat to be

sent to the Canadian Army in Europe; boots of “leather”, which were mostly

pasteboard and which disintegrated immediately in the watersoaked trenches; rifles

that jammed when they were fired; and collar type life preservers (previously

condemned) which broke the soldiers’ necks when they jumped into the water.

While Leon Trotsky was in New York in 1917, he received word to return to

Russia at once to help bring off the Bolshevik seizure of power. The Rockefellers

gave him $10,000 in cash for his journey, procured a special passport for him from

President Woodrow Wilson, and sent Lincoln Steffens to safeguard him on the

journey. When Trotsky’s ship stopped in Halifax, the Canadian Secret Service,

warned that he was on board, arrested him on April 3, 1917 and interned him in

Nova Scotia. The patriotic agents knew that Trotsky was on his way to Russia to

take Russia out of the war against Germany, which would free many German

divisions to attack the Canadian troops on the Western Front. Prime Minister

Lloyd George indignantly cabled demands from London that Trotsky be released,

but the secret service ignored him. By means never explained, Mackenzie King

then stepped into the breach and obtained Trotsky’s freedom. Trotsky continued

on his way to Russia, and became Lenin’s chief deputy in the extermination of

Russian citizens; he also organized the Red Army with the able help of Wall Street

lawyer Thomas D. Thacher. The agents who had arrested Trotsky were dismissed

from the service; their careers were ended. As a reward for his intervention, the

Rockefellers appointed Mackenzie King head of the Rockefeller Foundation dept.

of Industrial Research at a salary of $30,000 a year (the average wage in the U.S. at

that time was $500 year). Frank P. Walsh testified before a U.S. Commission that

the Rockefeller Foundation was a cloak for the Rockefeller plan to lead organized

labor into slavery.

King also became a director of the Carnegie Corporation. A Lady Laurier

left him a large mansion in Ottawa, and in 1921 a group of wellwishers, led by

Peter Larkin, refurbished and staffed it for him at a cost of $255,000. King then

appointed Larkin High Commissioner of Canada in London. In 1940, the

Canadian Parliament voted King, then Prime Minister of Canada “absolute and

dictatorial powers for the duration”. On King’s 74th birthday in 1948, John D.

Rockefeller Jr. gave him $100,000. The Rockefeller Foundation then put up

$300,000 to pay for the writing of King’s Memoirs. In his final years, King, still on

the take, was exposed as a principal in the $30 million Beauharnais Power Co.

swindle during the building of the St. Lawrence Seaway. King had accepted

$700,000 from Beauharnais for the Liberal Party, and among other enticements had

received a trip to Bermuda.

The Rockefellers figured in many pro-Soviet deals during the 1920s.

Because of the struggle for power which developed between Stalin and Trotsky, the

Rockefellers intervened in October, 1926, and backed Stalin, ousting Trotsky.

Years later, they would again intervene when the Kremlin was racked by

disagreements; David Rockefeller summarily fired Kruschev. John D. Rockefeller

instructed his press agent, Ivy Lee in 1925 to promote Communism in the U.S. and

to sparkplug a public relations drive which culminated in 1933 with the U.S.

government recognition of Soviet Russia. In 1927 Standard Oil of New Jersey built

a refinery in Russia, after having been promised 50% of the Caucasus oil

production. The Rockefeller firm, Vacuum Oil, signed an agreement with the

Soviet Naptha Syndicate to sell Russian oil in Europe, and made a $75 million loan

to Russia. John Moody had stated in 1911, “the Standard Oil Co. was really a bank

of the most gigantic character – a bank within an industry ... lending vast sums of

money to needy borrowers just as other great banks were doing ... the company

was known as the Standard Oil Bank. As Rockefeller was no banker, this meant

that the Standard Oil was being directed by professional bankers.” The Standard

Oil operation has always been directed by the most professional bankers in the

world, the Rothschilds; consequently, the Rothschilds through their agents, Kuhn

Loeb Co. have maintained close supervision of the “Rockefeller” fortune.

In 1935, Stalin expropriated many foreign investments in Russia, but the

Standard Oil properties were not touched. The Five Year Plans (1928-32, 1933-37,

and 1938-42) were all financed by the international banking houses. During the

1920s, the principal firms doing business with Russia were Vacuum Oil,

International Harvester, Guaranty Trust and New York Life, all firms controlled by

the Morgan-Rockefeller interests.

Arthur Upham Pope’s biography of Litvinov notes that in March, 1921, a

trade agreement was signed with Great Britain providing that gold sent in payment

for machines bought by Russia would not be confiscated towards old debts or

claims. This insured that Czarist gold sent to England would not be seized by his

cousins, the British Royal Family. On July 7, 1922, Litvinov revealed that the

Russian delegation at the Hague Conference was negotiating with an important

group of financiers which included Otto H. Kahn of Kuhn Loeb Co. A week later,

Kahn arrived at The Hague. He stated, “The conference with the Russians will

bring useful results and will lead to a closer approach to unity of views and policies

on the part of England, France and the U.S. in respect to the Russian situation.”

When Otto Kahn’s wife visited Russia in 1936, she was treated like visiting royalty.

In 1922, the Chase National Bank had established the American-Russian

Chamber of Commerce to promote trade with and government recognition of

Russia. Its chairman was Reeve Schley, a vice president of Chase; he was a director

of many corporations including Howe Sound, Electric Boat, the Yale Corp.,

chairman of Sundstrand and Underwnod; he had served as director of the U.S.

Fuel Administration from 1917-1919. His son, Reeve Schley Jr. was a Captain in

the O.S.S. under Gen. Donovan in World War II. Both Chase and Equitable Trust

led in granting credits to the Soviet Union during the 1920s. In 1934, Roosevelt

established the Export Import Bank to finance increased trade with the Soviet

Union. During World War II, Chase was AMTORG’S principal bank in handling

the many billions of dollars of Lend Lease transactions for Russia. Roosevelt went

all out in supporting the Soviets, perhaps because all three of his personal

assistants, Alger Hiss, Lauchlin Currie and Harry Dexter White, were identified as

Soviet agents. Hiss’ mentor was Dean Acheson, formerly of J.P. Morgan Co. Asst

Secretary of State A.A. Berle Jr. testified before the House Un-American Activities

Committee Aug. 30, 1948 that “Acheson was the head of the pro-Russian group in

the State Department.” Acheson later became senior partner of Covington and

Burling, obtaining the position for the firm as Washington legal representative for

nine Communist governments. On April 29, 1943, the Board of Economic

Warfare granted a special license to Chematar Corp. of New York to fill an order

from the Soviet Purchasing Commission for 2001b. uranium oxide, 2201b. uranium

nitrate, and 25 lb. of uranium metal, commodities virtually unknown at that time,

thus launching the Soviet atomic program. Today every American citizen lives

under the threat of Soviet nuclear war.

On Jan. 29, 1944, Special Ambassador W. Averill Harriman in Moscow

informed the State Dept. that “we” must turn over to the Russians the currency

printing plates which had been engraved for the U.S. Treasury by Forbes Co. of

Boston. The State Dept. delayed action on this request for several weeks. On

March 22, Harry Dexter White met with Gromyko at the Soviet Embassy and

assured him the plates would be delivered. Both Harriman and White made daily

demands until the plates were turned over to the Soviet Union April 14, 1944. The

Soviet Union then printed $300 million in currency which was redeemed by the

American taxpayers.

After the “Cold War” began, the financiers continued their efforts to aid the

Soviets. In 1967, the New York Times announced that a new consortium had been

formed to promote trade with Russia, composed of Cyrus Eaton’s Tower Corp.,

Rockefeller’s International Basic Economy Corp., and N.M. Rothschild & Sons of

London. Eaton had begun his career as a $2 a day factotum for John D.

Rockefeller, who later financed his purchase of Canadian Gas & Electric Corp.

Eaton stated that Rockefeller soon interested him in Russian affairs. In an

interview with Mike Wallace, Eaton claimed that under Communism, the people of

the Soviet Union were entirely contented. “They were happy. I was amazed at

their happiness and dedication to the system.” Eaton was one of the first

defenders of the Stalin-Hitler Pact in 1939.

The Rothschilds have rarely been identified with Communist causes,

preferring to remain in the background. Only one member, N.M. Victor

Rothschild, who served an apprenticeship with J.P. Morgan Co., had become

involved with the Apostles Club at Cambridge, described by Michael Straight as

composed mostly of Communists who were also homosexual. Its well known

members were Guy Burgess and Donald MacLean, Anthony Blunt, Keeper of the

Queen’s Pictures, and the double, or triple agent Kim Philby. During World War

II. Victor Rothschild, who was with MI5, lent his London flat at No. 5 Bentinck St.

to Burgess, while his mother, Mrs. Charles Rothschild, hired Burgess as her

investment counselor. Blunt left the staff of the Warburg Institute to work with

MI5; he introduced Victor Rothschild to his aunt, Teresa Mayor, who later became

Lady Rothschild. Blunt has been recently described as having had an “affectionate”

relationship with the Queen.

The Rockefeller family is sometimes called the first family of the Soviet

Union. When Nelson Rockefeller was nominated for vice president in 1967,

Pravda indignantly denounced his critics, saying that charges against Rockefeller

were designed only to discredit him, and that the accusations came from ultra right

wing organizations. Senator Frank Church, attending the 1971 Dartmouth

Conference at Kiev, was amazed to find that “David Rockefeller was treated like

we would treat royalty in this country. The Russian people appear to evince an

adoration of Rockefeller that is puzzling.” When David Rockefeller’s plane lands

in Russia, crowds line up to greet him at the airport, and line the streets of Moscow

as his limousine passes, hailing him with cries of RAHK FAWLER. George Gilder

remarked that no one knows how to revere, blandish and exalt a Rockefeller half as

well as the Marxists.

After World War II, Dean Acheson frantically lobbied for an additional $300

million loan to the Soviet Union. Ed Burling, who was Frederic A. Delano’s

brother-in-law, had founded the firm of Covington and Burling of which Acheson

was partner, with Donald Hiss, brother of Alger. When Acheson’s lobbying failed

to develop the Russian aid, the Council on Foreign Relations drafted the Marshall

Plan as an alternative measure. Their publication, “Foreign Affairs”, then

published the “containment plan” as written by “X” (George Kennan). The policy

of containment, which has been the official foreign policy of the U.S. toward the

Soviet Union since 1947, guarantees not only Soviet Russia’s borders, but her

continued enslavement of the “Captive nations” which she holds by military force.

Henry Luce, who always provided a forum for the international propagandists,

reprinted the entire text of the July, 1947 Foreign Affairs article in Life magazine,

July 28, 1947. Its key sentence was “The main element of any U.S. policy towards

the Soviet Union must be the long-term, patient but firm and vigilant containment

of Russian expansive tendencies”. Luce’s Time magazine dubbed Kennan

“America’s senior policy-maker”. He later became a fellow of the Institute of

Advanced Study of Princeton. Kennan was the nephew and namesake of the

George Kennan who operated as a Marxist agent for Jacob Schiff in Russia for

many years before the Bolshevik Revolution, and was finally expelled by the Czarist

Government. Kennan’s pen-name “X” was a favorite identification of Socialist

operatives. In 1902, the Socialist “X” Club had been founded in New York by

John Dewey, whose Socialist program has dominated American education during

the twentieth century. The other founders of the “X” Club were James T.

Shotwell, founder of the League of Nations, United Nations etc.; Morris Hillquit,

Communist candidate for Mayor of New York, Charles Edward Russell, and Rufus

Weeks, vice president and managing director of New York Life, which was

controlled by J.P. Morgan.

When Nikolai Kruschev, dictator of the Soviet Union, came to New York

Sept. 17, 1959, he was invited to dinner at W. Averill Harriman’s Home. Thirty

people attended, who controlled aggregate wealth of $40 billion; they included

Russian born David Sarnoff, head of RCA, Philip Mosely of the Council on

Foreign Relations; Herbert H. Lehman of Lehman Bros.; Dean Rusk of the

Rockefeller Foundation; George A. Woods, First Boston Corp.; Thomas K.

Finletter of Coudert Bros., former Secretary of the Air Force; John K. Galbraith,

economist; Frank Pace of General Dynamics.

In Sept. 1960, Kruschev was entertained at Hyde Park at a dinner given in

his honor by Eleanor Roosevelt. Present at this select gathering was Victor

Hammer, who had fenced the Romanov jewels in the U.S. He sold many Faberge

items to Lillian Pratt, wife of the General Motors tycoon; the collection is now in

the Virginia Museum in Richmond, Va.

In 1973, the U.S.-USSR Trade and Economic Council, consisting of leading

U.S. heads of corporations, was formed to promote “trade” read (gifts) to the

Soviet Union. In 1976, G.M. Miller of Textron was named head of the Council.

Shortly afterwards, he was appointed chairman of the Federal Reserve Board of

Governors by Carter. The Bolshevik Revolution, which was nurtured through its

most trying days by three directors of the Federal Reserve Bank of New York,

William Boyce Thompson, George Foster Peabody, and William Woodward,

continues to be supported by the Federal Reserve System. The Federal Reserve

System maintains close ties with the Gosbank, the Soviet Central Bank, which

controls the Communist Party of the USSR. Gosbank employs 5000 economists,

and is known as a “passive”, rather than an “active” bank of issue, meaning that it

follows orders from other sources, as does the Federal Reserve Board of

Governors. The Gosbank-Federal Reserve System “cooperation” in Soviet

financial letters is handled through the Bank for International Settlements in


In 1949, the present flood of “Eurodollars” originated as European deposits

of Communist dollar hoards in the Soviet Eurobank of Paris, Banque Commerciale

pour Europe du Nord. The financiers then realized they created a new and even

more untraceable source of paper money which had no backing. Anthony

Sampson writes that “The more cosmopolitan banks with foreign experts and

directors, such as Warburgs, Montagus, Rothschilds and Kleinworts, had also

discovered a huge new source of profits in the market for Eurodollars.” These

profits now amount to some two trillion dollars, all of which are obligations of the

American taxpayer. This Ponzi operation was made possible by the exclusive

“Central Bankers Club”, the Bank for International Settlements, which had been

established by Hjalmar Schacht, financier of the Nazi movement, Emile Francqui,

guiding genius of Hoover’s Belgian Relief Commission, and John Foster Dulles,

heir to the title “most dangerous man in America”. It was set up in May 1930 by

the Hague Treaty to handle German reparations payments, which, of course, were

never paid. BIS now controls one tenth of the world’s gold, which it rents out at a

profit. Its assets have increased by an astronomical 1200% in the past twenty

years. U.S. shares of BIS are held by Citibank.

American International Corporation continued to exercise a behind the

scenes role in U.S. Soviet dealings until World War II, when W.A. Harriman’s

presence in Moscow to direct Stalin’s handling of the war usurped its duties.

Standard and Poors shows in 1982 an American International Group, an insurance

holding company with $3.4 billion in assets, whose attorneys are Sullivan &

Cromwell. It was formed from the Cornelius V. Starr insurance network which

was part of the CIA’s Asiatic operations. Its directors include Harry Kearns, chmn

Eishenower-Nixon presidential campaign, now chmn American Asian Bank, served

as president Export Import Bank 1969-73; William L. Hemphill, pres. United

Guaranty, director of Cone Mills (the Hemphill family has been allied with J.P.

Morgan for many years); Douglas MacArthur II, diplomat; John I. Howell, chmn

J.Henry Schroder Bank, and Schroders Ltd of London; Edwin A. Granville Mentin

of England, who was chairman of American International from 1946-1979, now

director of the Starr Foundation; and J. Milburn Smith, director of Lloyd’s of


Prominent American businessmen and political leaders such as W. Averill

Harriman do not bother to conceal their pro-Soviet activities. Russian Ambassador

Dobrynin casually referred to Henry Kissinger’s double role, saying, “I am the

laughing third man, sitting still. Kissinger is negotiating for us too.” Brezhnev,

dictator of Russia, was asked why the Soviet Union did not take a role in Middle

East negotiations. He replied, “We don’t need representation. Kissinger is our

man in the Middle East.”

With this kind of influence, it seems odd that the Communists do not

precipitate a coup, and seize absolute power in the U.S., as they did in Russia in

1917. There are 200,000,000 answers to this question, not 200,000,000 Americans,

but 200,000,000 guns held privately by American citizens. A confidential Ford

Foundation study showed that only 5 to 10% of Americans would actively resist a

Communist seizure of power. This was the good news. The bad news was that

only 1 % of our citizens, armed and opposing the takeover, would defeat it. Since

1948, Americans have asked this writer when the Communists will seize power in

the U.S. The answer is that they will seize power after they have confiscated the

200,000,000 guns. Guns are forbidden in the Soviet Union. Only the highest

officials are allowed to possess them. Criminals understand only one law – the law

of force. The criminal syndicalists who seek to enslave the entire world cannot be

defeated by humility or compassion, but only by the most determined and the

harshest measures. To examine the American situation in perspective, there are

only five hundred men, primarily in the major foundations, who are actively

engaged in transmitting international banker-Socialist orders to our government.

Beneath them are ten thousand politicians, businessmen, media personalities, and

academicians who, with the aid of religious operatives, implement the orders from

London. This is a much smaller number than the members of the Communist

Party of the USSR which rules the Soviet Union.

To protect these traitors, the U.S. government has imported 25 million aliens

into the United States, which includes 5000 intensively trained terrorists, and

100,000 hardened criminals. This force is intended to neutralize the opposition of

the American people to Communism. The government encourages crime, because

it is the nationwide criminal force, not the police force, which keeps the population

subdued. Americans must devote all their energies to defending themselves against

the professional criminals, protecting their homes and families, leaving them no

opportunity to organize against the criminal syndicalists of the World Order. This

clever plan of subsidizing the criminal element was the sole achievement of the

Law Enforcement Administration, a foundation-organized plan which originated at

the University of Chicago.

The federal government uses its armed police, the IRS, the FBI, the BATF

and the CIA solely to terrorize its American subjects into compliance with the

program of the World Order. Most American citizens have had to come to the

painful realization that the FBI is not concerned with fighting Communism, but

only with battling American anti-Communists. They now realize that the IRS

functions as an armed group of terrorists, not to collect funds, of which the

government has no need, but solely to extort money by force from American

citizens, as part of the program of the World Order. The intent is to render them

impoverished and terrorized, so that they will be rendered impotent and unable to

organize to resist the World Order. It is the program of 1984.

Even if they planned otherwise, the five masters of the World Order have

now created a situation which must lead to world war, world economic collapse, or

both. The thirty-year buildup o[ the Soviet Union as the next opponent in an

ongoing world conflict was noted by Srully Blotnick in Forbes magazine, Nov. 7,


“A wealthy New York lawyer whose portfolio contained substantial holdings of

McDonnell Douglas, Raytheon and General Dynamics, commented, ‘It bothers me

even to think what would happen if the Russians decided to take us up on our 5%

a year solution to the arms race. Once we started dismantling our stategic

weapons, the defense stocks will make the hi tech group look stable by

comparison. The 60% loss I took on my Fortune computer system could be a hint

of things to come’.”

The World Order has no religious, political or economic program except

World Slavery. Only by subduing all potential opposition can the parasite

guarantee his position of lodging on the host. The World Order sets up countless

groups to promote any type of idea, and then sets up other groups to fanatically

oppose them, but the masters have no dedication to anything except slavery. As

R.E. McMaster wrote in The Reaper, “The goal of international communism is not

to destroy Western international debt capitalism. The goal of international

communism is to enslave mankind at the behest of Western international debt

capitalism.” This is all you can ever know about the present world situation, and it

is all you need to know.

In law and finance, it is prudent to make up a “worst case” theory. What is

the worst case theory we could apply to the U.S. economy today ? It is not more

inflation, higher debt and interest rates, or higher taxes. These are already

inevitable. The worst case is a revolution in Russia. Let us suppose a truly

terrifying scenario, that the inmates of the Soviet concentration camps have been

surreptitiously armed. They rise up and seize power in a coup which would be as

impossible to stop as the Bolshevik coup of 1917. Americans would applaud if a

patriotic Christian government which, like the Czar’s government, desired only

peace with the U.S., suddenly seized power in Russia. Or would we ? We could

hardly applaud, because we would be too busy dodging the bodies falling from

windows on Wall Street. Within hours, our defense-oriented stocks would

collapse, dragging down the entire market with them. As Blotnick barely hints,

there would be a complete economic collapse in the United States. The fact is that

the World Order has made the economy of the U.S. entirely dependent on a

“threat” from Russia; it could not survive a “friendly” regime. That is why the

CIA (also known as the Central Investment Agency) co-operates with the KGB to

create and destroy anti-Communist groups around the world. The CIA has never

engaged in sabotage in the Soviet Union; the KGB has never engaged in sabotage

in the U.S. By betraying the anti-Communist fighters at the Bay of Pigs, the CIA

bolstered Castro’s shaky regime and destroyed his opposition. He has never again

faced any challenge. Former CIA official David Attlee Phillips says (p. 107 “THE

NIGHT WATCH” that Dean Rusk (Rockefeller Foundation) ordered the

cancellation of the air strike, which doomed the anti-Communist forces at the Bay

of Pigs to annihilation. Powers, in his biography of Richard Helms, also identifies

Rusk as the man who cancelled the air support of the anti-Communists.

CHAPTER THREE Franklin D. Roosevelt

The Crash of 1929 and the resulting depression have been exhaustively

covered in a previous work (Secrets of the Federal Reserve, 1983). Roosevelt was

elected president in 1932 in a campaign which ignored Hoover’s Rothschild

connections and his World War I record. Instead, Roosevelt blamed Hoover for a

depression which had been set up by the Bank of England. Hoover states in his


“In replying to Roosevelt’s statement that I was responsible for the orgy of

speculation, I considered for some time whether I should expose the responsibility

of the Federal Reserve Board by its deliberate inflation policies from 1925-28 under

European influence, and my opposition to these policies.”

Hoover remained silent, and was ushered out of office. He later termed

Gerard Swope’s “economic planning” for the New Deal as “the precise pattern of

Fascism”. “The New Dealers”, by an Unofficial Observer, Literary Guild 1934,

noted that the New Deal included W.A. Harriman, administrator in charge of heavy

industry, and his sister, Mary Rumsey, who backed Newsweek with Vincent Astor,

and the New Deal weekly, Today. “Observer” also noted that Col. House was the

elder statesman behind the New Deal, and that House had only backed two

Presidential candidates, Wilson and FDR. Roosevelt continued the Wilson policies

(actually the House policies outlined in “Philip Dru, Administrator”), with the same

personnel, and ended as Wilson did, by involving America in another World War.

Observer states that Col. House’s New York apartment was only two blocks from

the Roosevelt home on E. 65th St. in New York, and that House was seen there

almost every day in 1932. He also visited Roosevelt in New England and on the

Roosevelt yacht.

To consolidate Roosevelt’s power, his backers used the typical World Order

scheme – they set up his “opposition”. In August, 1934, the principal architects

and financiers of his New Deal formed the Liberty League, immediately

characterized as an “extreme rightwing” organization. Pierre and Irenee DuPont

put up $325,000 for it. The League was also financed by J.P. Morgan, the

Rockefellers, J. Howard Pew, and William J. Knudsen (who was later appointed by

FDR to an important position!). The backers of Liberty League, who were busily

denouncing Roosevelt & his staff as “Communist”, which many of them were,

were also the organizers of American International Corporation, which had been

formed to prevent the economy of the Soviet Union from collapsing. Liberty

League successfully corralled the opponents of FDR and branded them as

“rightwing nuts”. Roosevelt was given the opportunity to rant against his

opposition as “economic royalists”, “the Old Guard”, and “princes of privilege”.

Gerald L.K. Smith was then brought into the picture, in order to smear Roosevelt's

opposition as “anti-Semitic”. The ploy operated from 1934 to the 1936 elections,

when it effectively destroyed London's campaign. No effective political opposition

was organized against Roosevelt for the rest of his lifetime in office. It was one of

the most successful political hoaxes in American history. Roosevelt then married

his son to an heiress of the DuPont dynasty. At the very time that Eugene

DuPont, cousin of Pierre, was one of the most active members of the Liberty

League, F.D. Roosevelt Jr. was courting his daughter, Ethell ! They were married

June 28, 1937, in what Time Magazine called the “Wedding of the Year”, presided

over by Dr. Endicott Peabody. The couple made the cover of Time magazine, the

only newlyweds ever to do so.

These measures were necessary because FDR's backers were planning to

involve the U.S. in the Second World War. Any popular political opposition to

Roosevelt might have swept him out of office in 1940, just when he was needed to

bring off the Pearl Harbor attack. On the morning of Pearl Harbor, Gen. Marshall,

his Chief of Staff, met secretly with Maxim Litvinov (married to Ivy Low of

England), to assure the Russians that everything was going according to plan.

Marshall later testified before Congress that he “couldn't remember” where he was

on Pearl Harbor Day.

The “managed conflict” was well on its way. Jacques Rueff points out that

Schacht did not invent Hitler's monetary policy; it was imposed on Germany “by

American and British creditors to finance war preparations and finally unleash war

itself” (The Monetary Sins of the West). Rueff also points out that the Standstill

Agreement of 1931 allowing Germany a moratorium on war debts through the

1930s was a amicable pact between the London, New York and German branches

of the Warburg and Schroder houses. Max Warburg remained Schacht's deputy at

the Reichsbank until 1938; Kurt von Schroder then became his deputy. (Schacht's

father had been Berlin agent for the Equitable Life Insurance Co. of New York.)

The industrialist levies for Hitler (the Circle of Friends) were paid into the Schroder


Throughout the 1930s, Hitler was duped into persevering in his desire for

friendship with England, an alliance originally proposed jointly by Theodore

Roosevelt and the Kaiser in 1898 between the three Nordic powers, England,

Germany and the United States. The Schröders assured Hitler that their Anglo-

German Fellowship in England was a hundred times more influential than it

actually was. With such figures as the Astors and the Chamberlains supporting

rapport with Germany, Hitler was persuaded that war with England was

impossible. In 1933 he had announced his discovery that Marx, Lenin and Stalin

had all said that before international Communism could triumph, England and her

Empire must be destroyed. “I am willing to help defend the British Empire by

force if called upon,” he declared. In 1936, Hitler arranged for meetings to take

place between English and German diplomats, but the desired result was never

attained, as the British had only one goal to lull Hitler into a sense of false security

until they could declare war against him.

To lure Hitler into World War II, it was necessary to guarantee him adequate

supplies of such necessities as ball bearings and oil. Jacob Wallenberg of the

Swedish Enskilda Bank, which controlled the giant SKF ball bearing plant,

furnished ball bearings to the Nazis throughout the war. The anti aircraft guns

sending flak against American air crews turned on SKF ball bearings. Its American

plant, SKF of Philadelphia, was repeatedly put on the Proclaimed List, and each

time, Dean Acheson removed it.

President William S. Farish of Standard Oil refueled Nazi ships and

submarines through stations in Spain and Latin America. When Queen Elizabeth

recently came to the U.S., the only family she visited was the Farishes. Throughout

the war, the British paid royalty to Ethyl-Standard Corp. on the gasoline used by

German bombers who were destroying London. The money was placed in Farben

bank accounts until after the war. I.G. Farben was organized by the Warburgs in

1925 as a merger between six giant German chemical companies, Badische Anilin,

Bayer, Agfa, Hoechst, Welierter-Meer, and Griesheim-Elektron. Max Warburg was

director of I.G. Farben, Germany, and I.G. Chemie, Switzerland. American I.G.

Farben was controlled by his brother, Paul, architect of the Federal Reserve

System, Walter Teagle of Standard Oil, and Charles Mitchell of National City

Bank. Just before World War II broke out, Ethyl-Standard shipped 500 tons of

ethyl lead to the Reich Air Ministry through I.G. Farben, with payment secured by

letter of Brown Bros. Harriman dated Sept. 21, 1938.

Throughout World War II, the Paris branches of J.P. Morgan and chase

National Bank continued to do business as usual. At the end of the war,

occupation authorities repeatedly issued orders to dismantle I.G. Farben plants, but

were countermanded by Gen. William Draper of Dillon Read, which had financed

German rearmament in the 1920s.

Winston Churchill remarked of this “managed conflict” in 1945, just before

it ended, “There never was a war more easy to stop.” (quoted in Washington Post

June 11, 1984). The only real difficulty had been encountered in getting it started.

Churchill succeeded in prolonging the war for at least a year by defeating Gen.

Wedemeyer's plan for a Channel crossing in 1943, and by embarking on his ruinous

North African-Sicilian swing, a replay of his disastrous Gallipoli campaign of the

First World War. Life revealed April 9, 1951 that Eisenhower had radioed Stalin

through the U.S. Military Mission in Moscow of his plan to stop at the Elbe and

allow the Russians to take Berlin. The message had been written by Ike's political

advisor, John Wheeler-Bennett of RIIA, received by W. Averill Harriman, and

delivered to Stalin. In Washington, Gen. Marshall assured President Truman that

we were “obligated” to allow the Russians to take Berlin. Senator Joseph McCarthy

later called Marshall “a living lie”.

The conquered German people were now systematically looted and

ruthlessly governed by the occupying powers. Henry Kissinger, John J. McCloy

(son-in-law of a J.P. Morgan partner), Benjamin Buttenweiser, partner of Kuhn,

Loeb & Co. (his wife was Alger Hiss's lawyer at his trial for perjury), and other

Rothschild operatives descended like locusts upon the prostrate nation. Aid to

Soviet Russia continued under the guise of the Marshall Plan, a rerun of Hoover's

Belgian Relief Commission in World War I. The Marshall Plan originated as a

special study by David Rockefeller for the Council on Foreign Relations,

“Reconstruction of Western Europe” completed in 1947. It was retitled the

“Marshall Plan” and advertised as a great contribution to “democracy in Europe”.

(Imperial Brain Trust-Shoup). W. Averell Harriman was installed in the

Rothschild's Paris mansion, Hotel Talleyrand, as head of the Marshall Plan.

The victorious Rothschilds consolidated their control of world monetary

systems by the Bretton Woods pact, a replica of the charter of the Bank of

England. It provided immunity from the judicial process, its archives were

inviolable and not subject to court or Congressional inspection; no taxation could

be levied on any security dividend or interest of the Fund; all officers and

personnel were immune from legal processes. The pact systematically looted

Western Europe and the United States. On April 3, 1984, AP reported that

“British” investments in the U.S. were now $115 billion, and the British held $28

billion in U.S. bank assets. At least one U.S. Senator is a member of the British

aristocracy, Malcolm Wallop, (R. Wyo.) son of Hon. Oliver Wallop, whose brother

is Earl of Portsmouth (created 1743). Sen. Wallop's sister, Lady Porchester,

married Lord Porchester, son of the Earl of Carnarvon. Lord Porchester is the

Queen's Master of Horse, and her Racing Manager.

Lord Carrington, for many years British Foreign Minister, is now Henry

Kissinger's partner in Kissinger Associates, and was recently appointed head of

NATO. He is chum of GE chum Australian New Zealand Bank, director of Rio

Tinto, Barclay's Bank, Cadbury Schweppes, Amalgamated Metal, British Metal, and

Hambros Bank. His mother was the daughter of Viscount Colville, who was

financial secretary of the treasury 1936-38. Richard Davis notes in “The English

Rothschilds” that Lionel Rothschild was a frequent visitor at Lord Carrington's

house in Whitehall. In fact, Lord Carrington was related to the Rothschild family

by marriage. The first Lord Carrington was Archibald Primrose. His son became

Viscount Rosebery. The 5th Earl Rosebery married Hannah Rothschild, daughter

of Mayer, in 1878. She was given away by Disraeli.

World War II delivered the peoples of the world into the hands of the World

Order, with the predictable result that they have been systematically despoiled,

terrorized, oppressed and massacred in further “managed conflicts”, not the least

of which was the Vietnam War, in which American boys with little or no combat

training were sent into battle against the highly trained guerilla troops of Ho Chi

Minh and General Giap, communist troops whose leaders had been intensively

trained by the special OSS Deer team.

The Rothschilds rule the U.S. through their foundations, the Council on

Foreign Relations, and the Federal Reserve System, with no serious challenges to

their power. Expensive “political campaigns” are routinely conducted, with

carefully screened candidates who are pledged to the program of the World Order.

Should they deviate from the program, they would have an “accident”, be framed

on a sex charge, or indicted on some financial irregularity. Senator Moynihan

stated in his book, “Loyalties”, “A British friend, wise in the ways of the world, put

it thus: They are now on page 16 of the Plan.” Moynihan prudently did not ask

what page 17 would bring.

The American citizen works hard and pays taxes, blissfully unaware that at

any moment the secret rulers, operating through the Federal Reserve Board, can

make a monetary ruling which will place him in onerous debt or bankrupt him.

Gary Allen writes in American Opinion, Oct. 7, 1979, “Whatever the future holds,

you can bet it will be unstable with wide swings in the value of the dollar and

precious metals. As long as Volcker's sponsors know in advance what his policies

will be, they will make big money.” This accurate prediction was followed by 20%

interest and 25% inflation.

Businessweek, Feb. 20, 1984, stated, “The worst market for traders is a stable

one.... Investment banks now have a greater than ever vested interest in market

instability. They can rack up enormous profits by guessing right about rapid, wide

swings in profits, prices and interest rates.” It is obvious that they can rack up

“enormous profits” if they know in advance what the monetary decisions will he.

Anyone who seriously believes that no one knows in advance what Federal Reserve

decisions will be is too naive to be allowed out on their own; anybody who

believes that there is no one who can tell the Federal Reserve Board what its

policies are to be is even more out of touch with reality. Many people believed that

Lord Montagu Norman ran the Bank of England as a one-man show for thirty

years, showing that some people will believe anything. A. Craig Copetas writes in

Harper's, Jan. 1984, “How the Barbarians Do Business” about the 2,000 dealers of

the London Metal Exchange, that viewing these people objectively, “you are left

with a simple scrap merchant – a rag and bone man, as the British call their junk

dealers.” It is the rag and bone men who are running the economies of the world

up and down like a window shade, and profiting handsomely on every move of the


Carter Field notes in his biography of Baruch, “Baruch got out of the market

just before the Crash. But what made Baruch sell stocks and buy tax-exempts at

such a favorable time?” Field offers no answer. Norman Dodd, who was then

with Bankers Trust, states that Henry Morgenthau came into Bankers Trust a few

days before the Crash, and ordered the officers to close out all securities of his

trusts, $60 million, in three days. The officers tried to remonstrate with him,

pointing out that if he would sell them over a period of weeks, he would make

much greater profits, perhaps five million dollars more than if they were disposed

of on such short notice. Morgenthau became furious, screaming at them, “I didn't

come here to argue with you ! Do as I say!” Black Friday occurred within the


On May 30, 1936, Newsweek wrote about a Roosevelt appointee to the

Federal Reserve Board, Ralph W. Morrison, “He sold his Texas utility stock to

Insull for ten million dollars, and in 1929 called a meeting and ordered his banks to

close out all security loans by Sept. 1. As a result, they rode through the depression

with flying colors.”

The insiders come through “with flying colors”, while millions of victims are

ruined, destroyed by forces which they refuse to believe exist. Heartbreak, losses

of homes and businesses, breakdowns, suicides, destruction of families, these are

the results of World Order economic policies initiated and carried out by “the rag

and bone men”.

Through its monetary command to the Federal Reserve Board, the World

Order determines the outcome of American elections. A news commentator

recently pointed out that Paul Volcker would determine whether Reagan would be

re-elected. In 1980, the Federal Reserve Board deliberately defeated Carter and

elected Reagan. Otto Eckstein noted in U.S. News, Sept. 5, 1983, that the prime

rate reached 21.5% in late 1980, creating a recession in an election year. Eckstein,

head of Data Resources in Lexington, Mass. (he later died suddenly), said, “The

Federal Reserve had never before made such a move.” Only the World Order

knows whether the Federal Reserve will ride Reagan back into office in 1984 on a

high tide of prosperity, or throw him out as the new Herbert Hoover. The more

likely prospect is that he will be the Herbert Hoover of 1986 or 1988.

One critic pointed out that Volcker has boosted interest rates, which hurts

U.S. stocks, making short term U.S. money instruments more desirable than longterm,

and bringing about the very instability of foreign capital flows which he

claims to fear. Gordon Thether writes in The London Financial Times, “In all

history, there can be fewer instances of a man having inflicted greater damage on

the interests of his fellow human beings than Volcker has done with 'benigh

neglect' and its all too many malignant manifestations – not the first of which is the

ill-conceived gold demonetization campaign Washington has been engaged in since

the late 60s. Interest rates rise when gold does not back currency.”

Through the London Gold Pool, the Federal Reserve System and the U.S.

Treasury disposed of American gold at the giveway price of $35 an ounce, one

tenth of its current value, robbing the American public of billions of dollars. On

July 24, 1969, Volcker authorized SDR paper gold, Special Drawing Rights, to

replace gold in foreign exchange. He then triumphantly remarked to his fellow

bankers in Paris, “Well, we got this thing launched.” Secretary of the Treasury

Connally then took the Nixon Administration off gold, devaluing the dollar in

August, 1971.

On July 17, 1984, Jack Anderson described the Federal Open Market

Committee in the Washington Post as “a mysterious council of 12”, “the enigmatic

group” with “excessive secrecy” who, says Anderson, “influence what rates you will

pay, how much money will be available for business to borrow and whether

inflation once again will eat up your earnings and reduce the value of your bank


Despite the far-reaching importance of “Volcker's” decisions, his testimony

before Congress is shrouded in gobbledy-gook; this writer has gone through

hundreds of pages of his testimony without finding a single quotable phrase about

his economic intentions. On July 9, 1984, Jack Anderson said of Volcker's

meetings with high Treasury officials, “One of them, asked if he could recall

anything Volcker had said during the high-level meetings, thought a moment and

replied, ‘I can't remember anything he said that I understood'.”

Sen. Moynihan noted in the New Republic, Dec. 31, 1983, “The Fed does not

control the precise money supply and cannot precisely determine interest rates.

But it can set the direction and range for both, and this it did. Anyone who tried to

dissent was soundly rapped. Its two dozen or so central bankers decided to bust

the economy, and bust it they did.”

Paul Craig Roberts writes in Businessweek, Feb. 27, 1984, “Whatever Volcker's

intentions, the empirical data show that there has been a deceleration in money

growth since last spring and that the Fed has been using open market operations to

keep interest rates up.... What concerns the financial markets is the eclipse of

Reagan's policies by Volcker's.... the most likely result will be higher taxes and

higher deficits.”

Nevertheless, the press and the Democrats attack Reagan as responsible for

the deficit, over which he has no control, and which Volcker creates.

The New York Times stated that whoever won the election in Nov. 1984, it

has already been decided that taxes will be increased by $100 billion. Here again,

why have an election of elected officials who have no influence in economic affairs

? Brunner recently interviewed Walter Wriston, retired head of Citibank, who said,

“I have been through the Fed's actions for the past fifteen years in detail – the Fed

has exercised a malign influence on the economy of this country. Its interference

in the financial markets of America over the last decade has resulted in persistently

excessive money growth, inflation which undermined the financial strength of U.S.

corporations owing to the combined inflation and excessive rates of taxation, and

record debt.”

Forbes pointed out June 20, 1983 in a story about “Tony” Solomon,

“Solomon may be the most important man in the Federal Reserve System after the

chairman, and what he says and does has an effect upon us all.”

Perhaps you have never heard of “Tony” Solomon. Certainly you have

never voted him into any office, yet what he says and does has an effect upon us

all. He is the chairman of the Federal Reserve Bank of New York, a post formerly

held by Paul Volcker. This bank represents the New York money market in the

Federal Reserve System. Fifty-three per cent of its stock is held by five New York

banks whose controlling influence is the London House of Rothschild. The

chairman of the FRBNY sits permanently on the FOMC at the right hand of the

chairman of the Board of Governors. Sec. 12A of the 1913 Federal Reserve Act

provided that five representatives of the 12 Federal Reserve Banks should rotate on

the FOMG. This was quietly amended in August 1943, while World War II was

raging, to read, “one elected annually by the board of directors of the Federal

Reserve Bank of New York” replacing the provision that “one should be elected

annually by the boards of directors of the Federal Reserve Banks of Boston and

New York”. FRBNY is now the only Federal Reserve Bank with a permanent seat

on the FOMC. The American public was never informed of this change.

CHAPTER FOUR The Buisness of America

John Moody, author of many standard reference works on American

finance, stated in McClure’s Magazine, Aug., 1911, “The Seven Men,”

“Seven men in Wall Street now control a great share of the fundamental industry

and resources of the United States. Three of the seven men, J.P. Morgan, James

Stillman, and George F. Baker, head of the First National Bank of New York,

belong to the so-called Morgan group; four of them, John D. and William

Rockefeller, James Stillman, head of the National City Bank, and Jacob H. Schiff of

the private banking firm of Kuhn, Loeb Co., to the so-called Standard Oil National

City Bank group ... the central machine of capital extends its control over the

U.S..... The process is not only economically logical; it is now practically


What was true in 1911 is even more true in 1984; the seven men are now, as

then, merely American agents for London interests. In 1919, Moody wrote in

“Masters of Capital”, “All of the great bankers began as dry goods traders,

including Junius S. Morgan.” Beebe Morgan was a dry goods house. J.M. Beebe

Co. of Boston made Junius S. Morgan a partner. Junius Morgan was later invited

to join George Peabody & Co. of London, which handled most of the House of

Rothschild’s trading in American stocks. Junius Morgan’s son, J.P. Morgan, later

changed the name of the firm to J.P. Morgan & Co., but it continued to one of

three representatives of the House of Rothschild in the U.S., the others being

Kuhn, Loeb & Co. and August Belmont.

The Morgan group and the National City Bank group held a secret meeting

at Jekyl Island, Ga. the week of Nov. 22, 1910 to consolidate their financial power.

Present were Sen. Nelson Aldrich (his daughter married John D. Rockefeller Jr.),

his private secretary, Shelton, A. Piatt Andrews, Asst. Sec. of the Treasury, Frank

Vanderlip, president National City Bank, Henry P. Davison, J.P. Morgan’s

righthand man, Charles D. Norton, pres. First National Bank of New York,

Benjamin Strong of Liberty Natl. Bank (he later married the daughter of the

president of Bankers Trust, became president of Bankers Trust, and chairman of

the Federal Reserve Bank of New York) and Paul Warburg, a German immigrant

who had joined Kuhn, Loeb & Co.

Although these men were the most influential financiers in the U.S., they

were present at Jekyl Island merely as the emissaries of Baron Alfred Rothschild,

who had commissioned them to prepare legislation establishing a central bank in

the U.S., modelled on the European fractional reserve central banking

organizations of the Reichsbank, the Bank of England, and the Bank of France, all

of which were controlled by the House of Rothschild.

To enact the Federal Reserve Act into the law of the land, the bankers

elected Woodrow Wilson president of the U.S. in 1912 by splitting the Republican

Party, defeating the popular William Howard Taft by financing Theodore

Roosevelt’s malicious Bull Moose third party candidacy. Wilson’s academic career

at Princeton had been financed by gifts from Cleveland H. Dodge, director of

National City Bank, and Moses Taylor Pyne, grandson and heir of the founder of

National City Bank. Wilson then signed an agreement not to go to any other

college. The Federal Reserve Act was legislated through Congress as the Glass-

Owen bill, backed by two Democrats, Congressman Carter Glass of Virginia, and

Sen. Robert Owen of Oklahoma. Owen was persuaded to back the bill by Samuel

Untermyer, who had cultivated him while acting as counsel for the Pujo Money

Trust investigation. Untermyer flattered Owen by entertaining him at Greystone,

his palatial Hudson River estate. Untermyer claimed to be a “progressive

Democrat”, although he lived in feudal splendor, employing 167 men to tend his

expanse of orchids and greenhouses. At Greystone, Owen dined with Paul

Warburg, Bernard Baruch, and other financiers who had been instructed to get the

Federal Reserve Act passed. Owen, a former Indian agent who knew little about

finance, was easily persuaded by Paul Warburg’s doctrinaire pronunciamentos

about “our antiquated banking system”, which must be brought up to par with the

more modern banking system of Europe.

After the Federal Reserve Act had been passed by Congress and signed into

law by President Woodrow Wilson, six New York banks controlled by the Morgan-

Standard Oil group bought controlling interest of the Federal Reserve Bank of

New York, which they have held ever since. The May 19, 1914 organization chart

of the Federal Reserve Bank of New York shows that of the 203,053 shares issued,

National City Bank took 30,000 shares; the Morgan-Baker First National Bank

took 15,000 shares. These two banks merged into the present Citibank in 1955,

giving them one-fourth of the shares in the Federal Reserve Bank of New York.

The $134 billion Citicorp is now the largest bank in the U.S. The National Bank of

Commerce of which Paul Warburg was a large shareholder, took 21,000 shares;

Hanover Bank (now Manufacturers Hanover, of which Lord Rothschild is a

director,) took 10,200 shares; Chase National Bank took 6000 shares; Chemical

Bank took 6000 shares. These six banks in 1914 owned 40% of the stock of the

Federal Reserve Bank of New York. The Federal Reserve System printout of

shareholders July 26, 1983 showed that they now own 53%, as follows: Citibank

15%; Chase Manhattan 14%; Morgan Guaranty Trust 9%; Manufacturers

Hanover 7%; Chemical Bank 8%. Citicorp Citibank is No. 1 in size in the U.S.

No. 3 is Chase Manhattan with $82 billion assets; No. 4 is Manufacturers Hanover,

$64 billion; No. 5 is J.P. Morgan, $58 billion; No. 6 Chemical Bank. No. 11 is

First Chicago, formerly First National Bank of Chicago, controlled by the Baker-

Morgan interests. House Rept.159362, p.183, notes, “Next to Baker and Son,

Morgan & Co. is the largest stockholder of First National (of New York), owning

14,500 shares; Baker and Morgan together own 40,000 of the 100,000 shares of

First National Bank.”

The New York Times, Sept. 3, 1914, at the time of the Federal Reserve stock

was being sold, showed the principal stockholders of these banks as follows:

National City Bank – 250,000 shares of which James Stillman owned 47,498; J.P.

Morgan & Co., 14,500; W. Rockefeller 10,000; M.T. Pyne 8267; Percy Pyne

8267; J.D. Rockefeller 1750; J.S. Rockefeller 100; W.A. Rockefeller 10; J.P.

Morgan Jr. 1000. National Bank of Commerce, 250,000 shares – George F. Baker

10,000; J.P. Morgan Co. 7800; Mary W. Harriman, (widow E.H.) 5650; Paul

Warburg 3000; Jacob Schiff 1000; J.P. Morgan Jr. 1100. Chase Natl. Bank –

George F. Baker 13,408. Hanover Natl. Bank – James Stillman 4000; William

Rockefeller 1540.

During a period when thousands of U.S. banks have gone bankrupt since

1914, these banks, protected by their interest in the Federal Reserve Bank of New

York, have grown steadily. A Senate Report, “Interlocking Directorates among the

Major U.S. Corporations, a staff study of the Senate Committee on Governmental

Affairs,” June 15, 1978, shows that five of these aforementioned banks held a total

of 470 interlocking directorates in the 130 major corporations of the U.S., an

average of 3.6 directors per major U.S. Corporation. This massive report is worthy

of anyone’s detailed study; we can only give the totals here:

CITICORP 97 directorates

J.P. MORGAN CO. 99 directorates

CHEMICAL BANK 96 directorates

CHASE MANHATTAN 89 directorates


Total 470

This centralized control over American industry by five New York banks

controlled from London suggests that instead of 130 major U.S. corporations, we

may have only one, which in itself is an outpost of the London Connection.

In the early 19th century, the House of Rothschild established a number of

affiliates in the U.S. which carried the code identification of City banks, or City

companies, identifying them as originating in the financial centre, the City of

London. The City Bank was established in New York in 1812, in the same room in

which the Bank of the United States had operated until its charter expired. Later

called the National City Bank, its principal for fifty years was Moses Taylor, whose

father had been a confidential agent for John Jacob Astor and British intelligence.

Like the Morgan-Peabody operation, Moses Taylor doubled his fortune in the

Panic of 1837 by purchasing stock in the depressed market with capital advanced

by N.M. Rothschild of London. During the Panic of 1857, while many of its

competitors failed, City Bank prospered. Moses Taylor purchased the outstanding

stock of Delaware Lackawanna Railroad for $5 a share during the panic. Seven

years later, it was worth $240 a share. He was now worth $50 million. His son-inlaw,

Percy Pyne, had come from London to work at City Bank, and married

Taylor’s daughter. When Taylor died in 1882, he left $70 million. His son-in-law,

now paralyzed, became president of the now National City Bank. John D.

Rockefeller’s brother William invested in the bank, and persuaded Pyne to step

aside in 1891 in favor of James Stillman, Rockefeller’s associate, to become

president. William’s son William married Stillman’s daughter Elsie; his other son

Percy married Stillman’s daughter Isabelle. James Stillman also had a London

connection – his father, Don Carlos, had been a Rothschild agent in Brownsville,

Texas and a successful blockade runner during the Civil War.

The National City Bank acquired several subsidiaries in New York, the

National City Co., later renamed the City Co., and City Bank Farmers Trust Co.

The dominance of the Morgan-Kuhn Loeb financial power in New York is

shown by a Dow Jones report in the New York Times Feb. 11, 1928 that of total

offerings of bonds in 1927, J.P. Morgan was first with $502,590,000; National City

Co. was second with $435,616,000; Kuhn Loeb was third with $423,988,000. On

July 3,1929, the New York Times noted that Charles A. Peabody had joined the

boards of National City Co. and City Bank Farmers Trust. On Aug. 4, 1932, the

New York Times stated that National City Bank would issue its own currency

against U.S. bonds carrying the circulatory power under the new Federal Home

Loan Bank Act which empowered National City Bank to issue up to $124 million

in currency. The National City Bank had now become a “bank of issue”, a

function formerly reserved to central banks. On June 8, 1933, James H. Perkins,

chmn National City Bank, announced the National City Co., would change its

name to City Co. of New York. On Nov. 21, 1933, the National City Bank listed

31 affiliates including City Bank Farmers Trust, City Co. of New York, City Co. of

Massachusetts, 44 Wall St. Co. and Cuban Sugar Plantations Inc.

On March 3, 1934, the New York Times announced that National City Bank

would sell the National Bank of Haiti, a wholly owned subsidiary, on April 29,

1934. The Times also noted that National City Bank had organized United Aircraft

Feb. 2, 1934, and that its subsidiary, City Bank Farmers Trust had celebrated its

112th anniversary on Feb. 28, 1929.

On June 27, 1934, the City Co. of New York was designated German bond

scrip agent in the U.S. On May 22, 1933, City Co. of N.Y. announced its merger

with Brown Bros. Harriman, with Joseph Ripley as chairman of the board. The

company went through several name changes as Brown Harriman Co., Harriman

Ripley, and is now Brown Bros. Harriman once more.

On March 4, 1934, Gen. Billy Mitchell, addressing the Foreign Policy

Association, stated that National City Bank and its affiliates control aviation in this

country. Allen W. Dulles, introduced as a “specialist in international affairs”

announced the profits of international munitions makers were unconscionable.

On March 2, 1955, National City Bank announced it would purchase the

stock of First National Bank for $165 million, $550 a share (in the 1929 boom,

First National sold for $8600 share). Some market analysts believed the stock

should have brought $750 a share in the 1955 sale, suggesting that the Baker family

was no longer able to protect its interests. The resulting Citibank became the

largest bank in the U.S., with a controlling interest in the Federal Reserve Bank of

New York. National City Bank had been in Hong Kong for eighty years; it has a

$90 million Citibank Centre there. In 1983, 4% of its annual profits came from the

Hong Kong operation, which is the center of the world’s drug trade.

Besides its controlling interest in the Federal Reserve Bank of New York, the

Rothschilds had developed important financial interests in other parts of the

United States. The House Banking and Currency Committee Report May, 1976,

“International Banking”, p. 60, identified the Rothschild Five Arrows Group and

its present five branches: N.M. Rothschild & Sons Ltd. London; Banque

Rothschild, France; Banque Lambert, Belgium; New Court Securities, N.Y.;

Pierson, Holdring & Co., Amsterdam. These five were combined in a single bank,

Rothschild Intercontinental Bank Ltd. The House Staff Report discloses that

Rothschild Intercontinental Bank Ltd. has three principal American subsidiaries:

National City Bank of Cleveland; First City National Bank of Houston (First City

Bancorp); and Seattle First National Bank. These Rothschild subsidiaries were

ranked in 1983 as follows: First City Bancorp Houston, 23rd in size in U.S., $17

billion assets; National City Corp. of Cleveland, 48th largest in U.S., $6.5 billion

assets. National City Corporation of Cleveland has exercised a dominant role in

Midwestern industry and politics for many years; First City Bancorp dominates

Texas oil and heavy industry as well as Texas politics.

In 1900, Cleveland was the home of Marcus Alonzo Hanna (known as

Mark), the legendary political boss of the Republican Party. He twice nominated

and elected an Ohio Congressman, William McKinley, to the Presidency of the

U.S. He initiated the checkoff system by which banks and corporations were

required to make regular political contributions. Hanna founded two companies;

M.A. Hanna Co., and Hanna Mining Co., which acquired large steel and iron

holdings. In 1953, President Eisenhower named George Humphrey Secretary of

the Treasury. Humphrey, president of M.A. Hanna Co., was also chmn National

Steel Co. (recently acquired by Nippon Kokan, a Japanese concern); director of

Sun Life Assurance Co. (Rothschild), Industrial Rayon Corp., the world’s largest

manufacturer of auto tire cord (L.L. Strauss of Kuhn, Loeb Co. controlled the

firm; Harry Byrd Jr. was also a director. Humphrey was also a director of the

National City Bank of Cleveland. Other directors of this bank were C.T. Foster,

chmn Standard Oil of Ohio; J.A. Greene, chmn Ohio Telephone Co.; L.L. White,

chmn Chicago & St. Louis Rwy.; R.A. Weaver, chmn Ferro Corp.; J.B. Ward,

President Addressograph Co.; H.B. Kline, President Industrial Rayon Corp.; and

William McAfee, director Standard Oil of Ohio. National City Bank of Cleveland

now has $6.5 billion assets, 8,171 employees, and seventeen companies. It recently

purchased the $500 million revenues bank, BANCOHIO.

In 1978, George Humphrey’s son, Gilbert W., was chmn Hanna Mining Co.,

director National City Bank of Cleveland, Sun Life Assurance, National Steel,

Massey Ferguson, General Reinsurance, and St. John del Rey Mining Co. M.A.

Hanna Co. the holding company, was liquidated in 1965, and its $700 million assets

distributed to its stockholders.

The National City Bank of Cleveland’s influence was not limited to the

Hanna and Humphrey families. As the Ohio Connection of the House of

Rothschild, it guided the careers of two of the nation’s best known families, the

Tafts and the Rockefellers. The bank financed the Taft family’s activities in politics

and business, the Taft Broadcasting Co. and other firms. John D. Rockefeller’s

success began when he obtained the backing of the National City Bank of

Cleveland to finance his takeover of his competitors in the oil business. Because

J.P. Morgan and Kuhn, Loeb Co. controlled 95% of all railway mileage in the U.S.

in the latter half of the 19th century, they offered Rockefeller special rebates on

shipping oil through his holding company, South Improvement Co. This enabled

him to undersell and ruin his competitors. One of them was a Mr. Tarbell, whose

daughter, Ida Tarbell, later wrote the first expose of Standard Oil and was termed a

“muckraker” by Theodore Roosevelt, a term which promptly went into the

language. The entire Rockefeller empire was financed by the Rothschilds.

When Lincoln Steffens became a Wall Street reporter, he interviewed both

J.P. Morgan and John D. Rockefeller on several occasions. He soon realized that

these gentlemen, powerful though they were, were mere front men. He noted that

“No one ever seems to ask the question ‘who is behind the Morgans and the

Rockefellers ?’” No one else ever asked the question, nor did anyone answer it !

Steffens knew the money for their operations was coming from someone else, but

never managed to trace it.

In February 1930, one of the few articles on the Rothschilds ever to appear

in an American magazine appeared in Fortune, which stated, “On only one

important point did the Rothschilds guess wrong. They never would have anything

to do with the U.S. of America. Imagination falters at what the Rothschilds might

be today if they had spent on the infant industries of this country one-half the sums

they poured into Imperial Austria.”

The Fortune writer did not know then and probably never knew that the

Rothschilds have always controlled the Morgan and Rockefeller operations, as well

as the foundations set up by these front men to control the people of the United


During the past quarter of a century, many writers have published alarming

exposes of the Rockefellers and their control of the U.S. through the Council on

Foreign Relations. In 1950, the New York Times carried a small notice on an

inside page that L.L. Strauss, a partner of Kuhn, Loeb Co., had been appointed

financial advisor to the Rockefeller brothers. In short, all their investments must

be approved by a partner of Kuhn, Loeb Co. It has always been thus, beginning

with Jacob Schiff. Strauss held the position from 1950 to 1953, when it passed to J.

Richardson Dilworth. Dilworth, who married Elizabeth Cushing, was a partner of

Kuhn, Loeb Co. from 1946 to 1958, when he became director of Finances for the

entire Rockefeller family, presiding over all their accounts on the 56th floor of

Rockefeller Center. He held the position until 1981. He is now Chairman of the

Board of Rockefeller Center, director of International Basic Economy Corp.,

Chrysler, R.H. Macy, Colonial Williamsburg and Rockefeller University.

The National City Bank of Cleveland continues to dominate Midwestern

industry and politics. For many years, its primary law firm has been Jones, Day,

Reavis and Pogue of Cleveland. The Washington Post announced Dec. 19, 1983

that this law firm was spending $5 million for office space in Washington to house

a staff of sixty lawyers, making this Cleveland law firm one of the most potent

lobbying groups in Washington.

Hanna Mining Co., despite relatively modest revenues of $333 million

exercises an important role, as shown by its board of directors, including such

distinguished names as Herbert Hoover Jr. (Under Secretary of State under

Eisenhower & Dulles); Stephen D. Bechtel, chmn of Bechtel Group and director

of J.P. Morgan Co.; K.L. Ireland of Brown Bros. Harriman; George F. Bennett,

treasurer of Harvard University, and Nathan W. Pearson, financial manager of the

Mellon family.

Despite the Hollywood image of redfaced Texas oil millionaires driving new

Cadillacs, the Texan oil industry has for years been dominated by the London

Rothschilds through the billion dollar First City National Bank of Houston, and its

fifty-seven subsidiary Texas banks. Chairman of First City is James Anderson

Elkins Jr., who is a director of Hill Samuel Co. of London, one of the seventeen

merchant banks chartered by the Bank of England. His father was chairman of

First City, and founded the Texas law firm of Vinson and Elkins, the primary law

firm of First City Bank. This firm dominated national politics through its most

well known partner, John B. Connally, who achieved a reputation as “kingmaker”

in Texas politics. He began as administrative assistant to Congressman Lyndon B.

Johnson in 1949, then became attorney for the oil millionaire Sid Richardson, and

Perry Bass, 1952-61, Secretary of the Navy 1961, Governor of Texas 1963-69;

Secretary of the Treasury 1971-72. He was wounded in the Kennedy assassination

in Dallas. He is now trustee of the Andrew Mellon Foundation, serves on the

President’s Foreign Intelligence Advisory Board, and the Advisory Committee on

Reforming the International Monetary System. He advised Nixon on devaluing the

dollar and going off the gold standard in 1971. He is now director of Superior Oil,

and Falconbridge Nickel Mines Ltd.

James Anderson Elkins is also director of Freeport Minerals, whose directors

include some of the leading names in American business. Chmn of Freeport is

Benno H. Schmidt, managing director of J.H. Whitney Co. Schmidt, who married

into the wealthy Fleischmann family – (New Yorker magazine etc.) graduated from

Harvard Law in 1941, became general counsellor of the War Production Baord in

Washington 1941-42, and headed the Foreign Liquidation Commission 1945-46,

which disposed of billions of dollars worth of property. He is also director of CBS,

and Schlumberger, the huge oil field service firm who began business in 1928 when

it was awarded its first contract by the Soviet Union – it is said to have important

Anglo-Swiss intelligence connections. Other directors of Freeport Minerals are

William McChesney Martin Jr., Chairman of the Federal Reserve Board 1951-1970,

now director of J.P. Morgan U.S. Steel, Eli Lilly, General Foods, Royal Dutch Shell,

IBM, American Express, Riggs National Bank, and Scandinavian Securities (the

Wallenberg firm); Donald S. Perkins, of Morgan Guaranty Trust, Time magazine;

John B. Madden, partner Brown Bros. Harriman; Godfrey S. Rockefeller;

Norborne Berkeley Jr., director Uniroyal, and Anglo-Energy Ltd.

Other directors of First City Bancorporation include Anne Armstrong, U.S.

Ambassador to Britain 1976-77, co-chmn Reagan-Bush Campaign 1980, director of

General Foods, General Motors, trustee Hoover Institution, Guggenheim

Foundation, Atlantic Council, Council on Foreign Relations, Halliburton Co.;

George R. Brown, director of Halliburton – he founded the huge contracting firm,

Brown & Root, which financed Lyndon B. Johnson’s political campaigns,

subsequently receiving billion dollar contracts to construct naval bases and airfields

in Vietnam, which are now being used by the Soviet Navy and Air Force. Brown

married into the Pratt family, founded Texas Eastern an oil firm, and is director of

ITT, TWA, and the Brown Foundation. The Brown-Johnson association began in

1940, when Johnson secured a lucrative contract for Brown & Root to build a large

naval base at Corpus Christi, Texas; it was said then that any course chosen by

Johnson would be paved by money from Brown & Root. J. Evetts Haley pointed

out that Brown & Root prospered on government contracts after Johnson helped

them and rapidly became a worldwide operation. In 1940, the Internal Revenue

Service found that large contributions given to Johnson by Brown & Root and its

subsidiary, Victoria Gravel Co., as much as $100,000 each, were taken by Brown &

Root as tax deductions. Haley states, “Brown & Root were in control of Texas

politics; that L.B. Johnson was in control of IRS; that records had been burned at

IRS to get Brown off the hook in 1954. Johnson and Connally then picked up a

government plant for a small sum which became a giant wartime contractor, the

Sid Richardson Carbon plant at Odessa, Tex., in which Mrs. Lyndon B. Johnson

had a one-fourth interest.” In 1955, Johnson suffered a major heart attack on his

way to George Brown’s palatial Middleburg Va. estate.

As mentioned, Brown is a director of Halliburton, whose primary law firm is

also Vinson & Elkins. In 1981, Halliburton had $8.3 billion revenues, 110,398

employees, and daily monitors most U.S. oil wells. In addition to George Brown

and Anne Armstrong, directors of Halliburton include Lord Polwarth of Scotland,

who is Governor of the Bank of Scotland, director of Canadian Pacific, Sun Life

Assurance Ltd. and Brown & Root UK which interlocks with George Wimpey

Ltd., the largest construction firm in England, through Brown & Root Wimpey

Highland Fabricators. Lord Polwarth, Henry Hepburne-Scott, is a descendant of

James Hepburn, Earl of Bothwell, who was married to Mary, Queen of Scots. The

first Baron Polwarth (1641-1724) was Sir Patrick Hume, first Earl of Marchmont,

and William of Orange’s closest advisor. He accompanied William in 1688 on his

voyage to take possession of the throne of England, and became his privy

councillor, in which office he advised William to grant the charter of the Bank of

England. He became a peer of Scotland 1689, Lord Chancellor of Scotland 1696-

1702, and Earl of Marchmont 1697. He passed the Act of Succession on to the

House of Hanover, and was reappointed by King George I.

John Pickens Harbin, president of Halliburton, is a director of Citicorp.

Another director of Halliburton is William E. Simon, Secretary of the Treasury

1973-77. He is a director of Citicorp, Citibank, and United Technologies. As

director of Citibank, he interlocks with Lord Aldington of London (Toby Low),

who is also director of Ci[ibank and chairman of Sun Life Assurance, the keystone

of the Rothschild fortune. Lord Aldington is chairman of Grindlay’s Bank,

London, director of General Electric Ltd., Lloyd’s Bank, United Power Ltd., and

National Discount Corp.

During a national “oil crisis” government officials complained they could

not obtain any records from oil companies on production and reserves, yet

Halliburton received this information on a daily basis.

As director of United Technologies, William Simon again interlocks with

Citibank, the only corporation which has four officers on the board of directors of

Citibank – Harry Gray, churn of United Technologies, Simon, William I. Spencer,

who is president of Citibank, and Darwin Eatna Smith, chmn of Kimberly Clark.

Other directors of United Technologies are Robert F. Dee, chmn & CEO of

the Smith Kline drug firm; T. Mitchell Ford, general counsel CIA 1952-55, now

chmn of the $1.8 billion Emhart Corp., and director of Travelers Insurance;

Richard S. Smith, exec. vice-pres. National Steel, was with First National Bank

New York 1952-62, and treasurer of M.A. Hanna Co. 1962-63, and director of

Hartford Fire Insurance, and Hartford Accident & Indemnity; Charles W. Duncan,

Jr., dep. Sec. Defense, 1977-79, Sec. Dept of Energy 1979-81, chmn Coca Cola

International, chmn Coca Cola Europe, director Humble Oil Co.; Melvin C. Holm,

pres & CEO Carrier Corp., director N.Y. Telephone, Mutual of New York SKF

Industries; Antonia Chandler Hayes, wife of Abram Hayes, who was law clerk to

Felix Frankfurter, later joined Covington & Burling, Washington 1952-55, wrote

the Democratic Natl. Platform 1960, legal adviser Sec. of State 1961-64, director of

foreign policy Democratic Natl. Committee 1972; Jacqueline Wexler, pres.

Webster College 1965-69, pres. Hunter College since 1969, leader of the feminist

movement; and Robert L. Sproull, with the Dept. Defense 1963-65, pres. Univ. of

Rochester since 1970, lecturer at NATO, director of Xerox, General Motors, pres.

Telluride Assn.

Other directors of First City Bancorporation are John Diesel, pres. of

Tenneco, which interlocks with the George Bush oil firm, Zapata Oil Corp., whose

chmn John Mackin is a director of Tenneco; Randall Meyer, pres. Exxon; M.A.

Wright, former chmn Exxon 1966-76, now chmn Cameron Iron Works.

Other directors of Halliburton Corp. include James W. Glanville, former

ptnr. Lehman Bros. and Lazard Freres, was with Humble Oil 1945-59, Lehman

Bros. 1959-78, had been with Lazard Freres since 1978, and is director of

International Mining & Chemical Co. Other directors of Lazard Freres include its

senior partner, Michel David Neill, head of the Paris house of Lazard Freres;

Donald C. Cook, SEC financial examiner 1935-45, director Office of Alien

Property Custodian for Dept. of justice, 1946-47, commissioner SEC 1949-53, and

is now director of ABC, Amerada Hess, chmn of the board American Electric

Power and director of General Dynamics, the defense oriented firm; Felix

Rohatyn, horn in Austria, came to U.S. 1942, married Jeannette Streit, daughter of

Clarence Streit, head of Union. Now with England; Rohatyn joined Lazard Freres

in 1948, is director of Schlumberger, MCA, American Motors, Owens Illinois,

Engelhardt Mining & Chemical, Pfizer, ITT, and Rockefeller Bros. Fund; he is

chmn Municipal Assistance Corp., which bailed New York City out of its

approaching bankruptcy; Frank C. Zarb, asst. to President of the U.S. 1974-77,

administrator Federal Energy Administration 1974-77, now director of Philbro

Corp., Engelhard Mining & Chemical, and the Energy Fund.

The Houston-Cleveland axis interlocks with many political figures, including

W.Michael Blumenthal, Secretary of the Treasury 1977-79, who interlocks with the

axis through Chemical Bank, Equitable Life and the Rockefeller Foundation;

Robert B. Anderson, Secretary of Treasury 1957-61, partner of the law firm of

Stroock Stroock & Lavan which administers the Warburg family finances, and

interlocks with this group through Equitable Life, ITT and PanAm; G. William

Miller, chmn Federal Reserve Board of Governors 1978-79, Secretary of the

Treasury 1979-81, interlocks with this group through Textron and First City

Bancorporation, was chmn of U.S.-U.S.S.R. Trade & Economic Council, now

director of Federated Dept. Stores whose directors include three directors of Chase

Manhattan Bank and interlocks with Citibank and Kuhn, Loeb Co.

The political power of this Rothschild-controlled axis was demonstrated by

the ease with which they financed the campaigns of two governors of supposedly

conservative Southern states, John D. Rockefeller IV. in West Virginia, and Charles

Robb, son-in-law of Lyndon B. Johnson, in Virginia, heir to the Connally-Brown &

Root-First City Bancorp political clout.

The May 1976 staff rept. of the House Banking & Currency Committee

noted another Rothschild affiliate (p.60), “The Rothschild banks are affiliated with

Manufacturers Hanover of London (in which they hold 20% interest, a merchant

bank, and Manufacturers Hanover Trust of N.Y.” Manufacturers Hanover recently

bought the giant CIT Financial Corp. for $1.6 billion in October, 1983.

Despite his reputed wealth, the elder J.P. Morgan did not leave one of the

great American fortunes when he died in 1913; it was first estimated at $75 million,

then 50, and finally disclosed there were only $19 million of securities in the entire

estate, of which $7 million was owed to the art dealer Duveen. J.P. Morgan Jr.

(known to a very few intimates as Jack) was embarrassed to find he had to sell off

many of his father’s art treasures to pay the debts of the estate. Most of the huge

sums handled by J.P. Morgan went directly to the Rothschilds. In 1905, the New

York Times noted in its obituary of Baron Alphonse de Rothschild that he

possessed some $60 million in American securities, although the Rothschilds,

according to most financial authorities, had never been active in American finance.

Lincoln Steffens noted, “Senator Aldrich is a great man to me; not

personally, but as leader of the Senate. He, Aldrich, bows to J.P. Morgan. The

other day J.P. Morgan came to Washington, and he and I and Aldrich had a

conference. And I noticed how he, Morgan, addressed himself to me, not to

Aldrich. Morgan talked to me, while I talked to Aldrich, who talked to Morgan.”

Morgan’s partner, George W. Perkins, worked furiously to obtain Theodore

Roosevelt’s nomination as McKinley’s running mate. During Roosevelt’s

presidency, his closest advisor was George W. Perkins. Despite Roosevelt’s

nickname of “trustbuster”, he protected Morgan’s interests throughout his term of

office. His successor, William Howard Taft, was opposed to Morgan, and

introduced anti-trust legislation to control two Morgan trusts, International

Harvester and U.S. Steel. Perkins then created the Progressive Party in 1912 to

split the party and defeat Taft.

J.P. Morgan’s apex of power was attained in the Panic of 1907, when he

assumed control of Wall Street. Oakleigh Thorne, president of the Trust Co. of

America, a victim of the “panic”, testified before a Congressional Committee that

his bank had been subjected to only moderate withdrawals, that he had not applied

for help, and that it was Morgan’s ‘sore point’ statement alone that had caused the

run on his bank...... “that Morgan interests took advantage of the unsettled

conditions during the autumn of 1907 to precipitate the panic, guiding it shrewdly

as it progressed so that it would kill off rival banks and consolidate the

preeminence of the banks within the Morgan orbit.”

Morgan’s financial power came from control of the enormous cash flow of

the nation’s biggest life insurance companies. He gained control of Mutual Life,

New York Life, Metropolitan Life, and with George F. Baker and James Stillman,

bought controlling interest in Equitable from Thomas Fortune Ryan, who had

acquired it from the Hyde family. Hyde originally set Equitable up while acting as a

front for Jacob Schiff and James Speyer.

On June 7, 1933, Nation noted “J.P. Morgan is generally regarded as the

most prominent banker in the world.” Paul Y. Anderson mentioned in this article

that testimony before the Senate Banking Committee showed that Morgan and his

partners, including Thomas W. Lamont and E.T. Stotesbury, paid no federal

income tax in 1931-32; the partners paid a total of $48,000 in 1930. Anderson

remarked, “Is there any mystery as to why the Marines were despatched against

Haiti, San Domingo, and Nicaragua when those countries defaulted, or threatened

to default, on the debt payments to American banks ? It has been shown that the

Morgan firm had a certain selected list of ‘clients’ to whom it sold stock at figures

substantially under market prices. In the case of the Allegheny Corp. these fairhaired

boys got the stock at 20, when the market was 35.” Anderson pointed out

that these fortunate few could have sold the stock immediately for almost double

what they had paid. Among the recipients of these Morgan favors he listed Senator

McAdoo, Justice Owen Roberts, Secretary Woodin, Owen D. Young, and John J.


In Nation, June 21, 1933, Anderson continued, “When Ft. Sumter was fired

on, gold began to leave the country. The man who later said ‘Don’t sell America

short’ then took a flyer on the short side of America. He borrowed 2 million in

gold coins and shipped it to London. This was really a blow behind the lines.

Then he went to the ‘gold room’ to watch the effect. There was a scramble for

gold to pay commitments abroad and this patriotic American with 2 million in

eagles in London sold at his own price.”

In March, 1929, perhaps in preparation for the coming storm, two Morgan

banks merged, the National Bank of Commerce, which, according to the New York

Times had “important foreign connections”, and Guaranty Trust, forming a $2

billion institution. On Feb. 26, 1929, the New York Times noted, “The Guaranty

Trust has long been known as one of the ‘Morgan group’. The National Bank of

Commerce has also been identified with Morgan interests.”

J.P. Morgan’s longtime associate, George Fisher Baker, was one of the

founders of First National Bank, purchasing 30 shares in 1863 for $3000. He also

was cashier, and later became president. Sheridan A. Logan’s book, “George F.

Baker and his Bank”, privately printed, 1981, noted that “a European syndicate

headed by N.M. Rothschild was represented in New York by August Belmont and

First National Bank to refund the Government debt. Baker wrote a letter Aug. 29,

1876, ‘I have to advise you that our negotiations with the Treasury Dept. resulted

in a contract between Messrs. N.M. Rothschild & Sons and others and the

Secretary of the Treasury for the purpose of forty million dollars of U.S. 4½ per

cents of 1891, with an option on the remainder, $260 million. In this contract the

bank participated to the extent of 10%, $4 million.”

Logan also states that “In 1901 Baker sold to J.P. Morgan $23 million stock

in Central Railroad of New Jersey. The mutual confidence and respect which

developed between Mr. Baker and Mr. Morgan cemented their increasingly close

relationship and the First National Bank became more and more the unswerving

ally and valuable source of mobile funds for the work of J.P. Morgan & Co.”

In 1901, Baker increased the stock of First National Bank from $500,000 to

$10 million by a 1900% stock dividend. He organized First Security Co., a holding

company, with this dividend. During the 1929 boom, Baker’s personal fortune

reached the $500 million mark. His son, George Jr. pleaded with him to pay of the

$29 million owed on stocks in First Security’s $80 million portfolio. Baker, then 89

years old, had not been informed of the planned credit contraction, possibly

because the insiders feared he might gossip about it. He continued to refuse to sell

any stocks; the crash of 1929 reduced his fortune to $200 million. When he died

in 1931, the estate was appraised at $73 million; his son, George Jr. inherited $30

million. His health had been shattered by the strain of working with his father

during the desparate days of 1929, and he died of a heart attack in Honolulu, aged

59. His son, George F. III was found shot at Horseshoe Plantation, Fla. in 1977.

George III’s son, Grenville, was found shot at Tallahassee, Fla. in 1949, at age 33.

George Jr.’s daughter, Edith Brevoort Baker, married Jacob Schiffs grandson, John

Mortimer Schiff, in 1939, uniting two of America’s largest fortunes. George Baker

I’s daughter Florence had married Howard Bligh St. George in 1891, member of

one of England’s oldest families. Their granddaugher Priscilla married Angier

Biddle Duke in 1937, and second, Allen A. Ryan Jr. in 1941, a relative of the


In 1935, Gen. Smedley D. Butler wrote in the Nov. issue of Common Sense of

his Marine career,

“I helped make Mexico and especially Tampico safe for American oil interests in

1914. I helped make Haiti and Cuba a decent place for the National City Bank

boys to collect revenues in.... I helped purify Nicaragua for the international

banking house of Brown Bros. in 1909-12. In China in 1927 I helped see to it that

Standard Oil went its way unmolested. In 1899 J.P. Morgan floated the first

important foreign loan on behalf of the Mexican Government. In 1901 he lent $50

million to the British Government to fight the Boer War. But it was mainly into

the countries of Spanish America that American capital found its way.”

Butler continued his revelations in the Dec. 1935 issue, “In 1910, six months

after the Nicaraguan Revolution which ousted President Zelaya, his successor, Dr.

Madris, grew cold towards the Nicaraguan investments of Brown Bros. and

Seligman Co. Another revolution immediately ‘occurred’.”

Butler mentions the Latin American activities of Brown Bros., now Brown

Bros. Harriman, a firm little known to most Americans. In 1801, a linen auctioneer

from Belfast, Alexander Brown, established a banking house, Alexander Brown &

Co. in the slavetrading port of Baltimore. It is now the oldest banking house in the

U.S. Its English branch, Brown Shipley, also became influential, its most

wellknown member being Lord Montague Norman, Governor of the Bank of

England for many years, 1907-44, longer than any other man in history. Current

Biography 1940, noted, “There is an informal understanding that a director of Brown

Shipley should be on the board of the Bank of England and Norman was elected to

it in 1907.”

In expanding Rothschild investments in U.S. railroads, Kuhn, Loeb Co.

found a useful agent in E.H. Harriman. A young man on the make, Harriman

married the daughter of the president of a small New York railroad, and soon

looked for more worlds to conquer. George Redmond writes in “Financial Giants

of America” “He (Harriman) early won the confidence of Kuhn, Loeb Co. and

established relations which later became most advantageous to both.” Kuhn, Loeb

financed the Union Pacific takeover by Harriman. H.J. Eckenrode notes in “E.H.

Harriman”, “In his takeover of UP, Harriman had behind him tremendous

financial force – not only Kuhn, Loeb Co. with funds from Frankfurt and Berlin,

but the National City Bank, ‘the greatest source of cash in the country’.”

Harriman employed judge Robert Scott Lovett as general counsel for Union

Pacific. When Harriman and Otto Kahn were summoned by the ICC in 1897,

Lovett advised them to refuse to answer all questions about their stock operations.

In 1908, the Supreme Court upheld their refusal to talk. The records of this case,

SC No. 133 US v. UP RR, later disappeared from the Library of Congress. In

1911, the Equitable Life Insurance building, which contained all the records of the

UP RR, burned, destroying all UP papers to that date. Lovett’s son, Robert

Abercrombie Lovett married Adele Brown, daughter of a partner of Brown Bros.

and became partner in 1926. He was Special Asst. Sec. of War 1940-45, under

secretary of state, 1947-49, dep. secretary of Defense 1950-51, secretary of Defense

1951-53. It was Lovett who took the then Secretary of Defense James Forrestal, of

Dillon Read Co. to Fishers Island to persuade him to change his stand against U.S.

Middle Eastern policies. Forrestal refused, and was placed in a mental ward at the

National Institute of Health, where he fell out of the window. Lovett then replaced

him as Secretary of Defense.

Brown Bros. backed the B & O steamship line in 1887, and went into joint

venture with J & W Seligman Co. on a number of South American loans. In 1915,

Brown Bros. combined with J.P. Morgan to float a series of Latin American loans,

which in many instances were followed by revolutions in the respective countries.

In the Nation, June 7, 1922, Oswald Garrison Villard noted, “The Republic of

Brown Bros with J & W Seligman had reduced Haiti, Santo Domingo, and

Nicaragua to the status of colonies with ruinous loans. Most of the loans were

repaid in 1924.”

In 1931, W. Averell Harriman, son of E.H. Harriman, merged his banking

house, W.A. Harriman & Co. with Brown Bros. to form the present firm of Brown

Bros. Harriman. In 1933, Brown Bros. Harriman backed the expansion of CBS, in

which they have maintained a large position. The Brown Bros. firm occupied

offices on the corner of Wall Street and Hanover which had been occupied by J.L.

& J.S. Joseph Co., the American representatives of the Rothschilds. Josephs went

broke in the Panic of 1837, having been cut loose by the Rothschilds, who were

now operating through August Belmont and George Peabody & Co. W. Averell

Harriman brought to the new firm his vice president, Prescott Sheldon Bush, who

had been with him since 1926. Bush became chairman of the Board of

Pennsylvania Water & Power Co., director U.S. Rubber, PanAm, CBS, Dresser Mfg

Co. Vanadium, U.S. Guaranty, Prudential Insurance and partner Brown Bros

Harriman. He was chmn National War Fund 1943-44 and chmn USO. His son

George Bush is now vice president of the U.S. George Herbert Walker,

grandfather of George Bush, who was named after him, became president of W.A.

Harriman Co. in 1928 (now Brown Bros. Harriman). He was director of Belgian-

American Coke Ovens Corp., chmn Habershaw Cable Corp., chmn International

Great Northern Railway, director Certain Teed Products, American Shipping &

Commerce Corp., American International Corporation, Cuba Railway Co.,

Pennsylvania Coal & Coke. He was the donor of the Walker Cup, the prestigious

golf trophy, and president of the U.S. Golf Association. In 1925, he financed the

building of Madison Square Garden. His son, George H. Walker Jr. became chmn

Walker-Bush Oil Corp., and Zapata Petroleum (George Bush’s firm), Silesian

Holdings, with W.A. Harriman Citv Investing Corp., Westmoreland Coal. Co. and

West Indies Sugar Co. He is a trustee of Yale. George H. Walker III merged the

firm of G.H. Walker Co. with Laird & Co. and White & Weld in 1974. He is now a

senior vice pres. of White & Weld.

Harriman was the go-between of Churchill and Roosevelt’s World War II

alliance. The two leaders did not know or particularly like each other; each of

them conferred with W. Averell Harriman about how to talk to the other, and

carefully followed his advice.

W.A. Harriman served as U.S. Ambassador at large during World War II,

principally in Moscow with Stalin; his brother E. Roland was president of the

American Red Cross; Robert A. Lovett was Secretary of Defense. Harriman was

related by marriage to Wild Bill Donovan, founder of the OSS.

Brown Bros has always maintained close relations with British firms. James

Brown, partner from 1935-50 was director Northern Assurance of London, Sun

Insurance, pres. British Empire Club and National Bank of Nicaragua. Thatcher

M. Brown, another partner, was director of Manchester Land Co., National Bank

of Nicaragua, chairman of the board of Liverpool and London Insurance Co. Ltd.,

Globe Indemnity Co., Royal Insurance, British and Foreign Marine Insurance Ltd.,

American London & Empire Co., Ocean Accident & Guaranty of London, and

Thames & Mersey Marine Insurance Co.

The New York Times noted May 29, 1928, “Dr. Rudolf Roesler,

representative of the New York banking house of Brown Bros. said Germany for a

number of years to come would be a borrowing nation. Brown Bros. had loaned

the City of Berlin $15 million on 6% 30 yr. bonds and Mr. Roesler, who comp.eted

details of the transaction said that ‘it was the biggest loan to a city in Europe since


The New York Times later noted, “Word was received here yesterday by J.

Henry Schroder Banking Corp., representative in the U.S. for Capt. Alfred

Lowenstein, that a corporation organized by the Belgian capitalist and French

associates, whom it has offered the public in Paris, had been oversubscribed

twenty-five times.” The holding company for artificial silk shares was offered at

$117.50 and promptly went to 200. This good news was somewhat palled by the

Times report that a syndicate had been formed to handle this stock since “Capt.

Alfred Lowenstein whose reported death through a fall from an airplane in the

English Channell July 4th has been surrounded by mystery. J. Henry Schroder is to

purchase $25 million of bonds of international Holding and Investment Corp.

through Albert Pam, of J. Henry Schroder London, and Albert Svarvasy, head of

British Foreign and Colonial Corp., British investing company.”

The July 5, 1928 New York Times headlined, CAPT. LOWENSTEIN FALLS

FROM PLANE. Known as Mystery Man. Alfred Lowenstein was known as a

Croesus. “The ‘mystery man of Europe’, the successor to Sir Basil Zaharoff as a

man of mystery, in European finance. The pilot informed the authorities that while

the plane was crossing the sea, Capt. Lowenstein, wishing to go to the washroom,

opened the wrong door and fell out. His valet and two stenographers as well as the

pilot and mechanic of the plane were present, but did not notice what happened.”

The story added that Lowenstein owned eight villas in Biarritz, an estate in

Lancashire, a castle in Brussels, and a townhouse in London.

Informed observers believed it was Zaharoff himself who dethroned the

pretender to his title as “mystery man of Europe”. Lowenstein had become

involved in a desperate struggle with Zaharoff and his associate, Dreyfus Clavell, to

control the artificial silk industry in Europe. After Lowenstein’s accident, his two

associates in this struggle also died mysteriously. M.M. Ayrich had an automobile

accident on a deserted road, with no witnesses. Lowenstein’s third associate,

Prince Radziwill, was poisoned by a woman friend, according to a French journal,

La Crapoulle.

W. Averill Harriman was 78 when his wife died. A year later, Katharine

Meyer Graham, publisher of the Washington Post, invited him to a party to meet Pam

Churchill, daughter of Lord Digby, an English horse fancier. She had been married

to Randolph Churchill, and was mother of the present Winston Churchill. She

then married into the first family of Hollywood, producer Leland Hayward,

formerly married to actress Margaret Sullavan. In Haywire, her autobiography,

Brooke Hayward describes her stepmother as “a cold-blooded golddigger who

made off with her mother’s jewels”. Pam dated Elie de Rothschild before deciding

to marry Harriman. They are now the dominant figures in the Democratic Party.

Harriman has given $15 million to the Russian Institute at Columbia, (now the

Harriman Institute).

Another prominent banking house is the firm of Dillon Read. Clarence

Dillon (1882-1979) was born in San Antonio, Texas, son of Samuel and Bertha

Lapowski or Lapowitz. He graduated from Harvard in 1905, married Anne

Douglass of Milwaukee, whose father owned Milwaukee Machine & Tool Co.

They went abroad from 1908 to 1910. Their son, C. Douglas Dillon, was born in

Switzerland in 1909. In 1912, Dillon met William A. Read, founder of a wellknown

Wall Street bond brokerage, through a Harvard classmate. They became partners.

Read died suddenly in 1916, and Dillon bought control of the firm. During World

War I, Dillon served as Bernard Baruch’s righthand man at the War Industries

Board. In 1915, Dillon had set up American & Foreign Securities Corp. to finance

the French Government’s purchases of munitions in the U.S. His righthand man

at Dillon Read was James A. Forrestal, who later died while serving as Secretary of

Defense. Dillon Read played a crucial role in rearming Hitler during the

preparation for World War II. In 1957, Fortune Magazine listed Clarence Dillon as

one of the richest men in the U.S. ($150-200 million). By normal growth rates, his

son C. Douglas Dillon should be worth over $1 billion, but nobody knows. C.

Douglas Dillon worked with John Foster Dulles on the Dewey campaigns, and

served as Under Secretary of State, helping Bechtel Corp. obtain its first large Saudi

Arabian contracts, which later became a $135 billion operation. Dillon was

Ambassador to France 1953-57, later became Secretary of the Treasury. He was

chairman of the Rockefeller Foundation from 1971-75, then chairman of the

Brookings Institution. To organize his estate, he sold Dillon Read to the Bechtel

Corp. He is considered to be one of the ten wealthiest men in the U.S. and one of

the three most powerful.

Second to the Rothschilds, the Warburgs were considered the most

important international banking family of the 19th and 20th centuries. In 1798,

two sons of Marcus Gumprich Warburg, Moses Marcus and Gerson W. founded

M.M. Warburg Co. in Hamburg. They were descendants of Simon von Cassel, a

16th century moneylender and pawnbroker. They were also direct descendants of

Abraham del Banco, largest banker in Venice. When they moved north, they took

the name of Warburg, after Cassel settled in this Westphalian town. In 1814, the

Warburgs became one of the first affiliates of N.M. Rothschild of London. They

were related to the leading banking families of Europe, the Rosenbergs of Kiev, the

Gunzburgs in St. Petersburg, the Oppenheims and Goldschmidts in Germany.

Moritz Warburg was apprenticed to the Rothschilds in Italy and Paris, and later

married Charlotte Oppenheim, whose family were diamond merchants in

Frankfort. They had five sons, known as “the Five Hamburgers”; the oldest, Aby,

founded the Warburg Institute; Max financed the German struggle in World War I

and later, the Nazi regime; Dr. Fritz Warburg was German commercial attache in

Stockholm during World War I; Paul and Felix emigrated to America and joined

the firm of Kuhn, Loeb & Co. with Jacob Schiff, who had been born in the

Rothschild house in Frankfort. Paul wrote the Federal Reserve Act and saw it

through Congress. He represented the U.S. at the Versailles Peace Conference,

while his brother Max represented German interests.

The Memoirs of Max Warburg state, “The Kaiser thumped the table violently

and shouted ‘Must you always be right?’, but then listened carefully to Max’s view

of financial matters.”

M.M. Warburg Co. closed during World War II but reopened in 1970.

George Sokolsky noted in “We Jews”, “Even in Hitler Germany the firm of Max

Warburg was exempted from persecution. Max left for the U.S. in 1939,

unhampered by supposed restrictions on Jews.”

The U.S. Naval Secret Service Report Dec. 2, 1918 noted: “PAUL

WARBURG. German, nationalized U.S. citizen 1911, decorated bv Kaiser,

handled large sums furnished by German bankers for Lenin & Trotsky. Has

brother Max who is director of espionage system of Germany.”

In partnership with Walter Teagle of Standard Oil, Paul Warburg organized

the international dye trust, I.G. Farben and Agfa Ansco Film Trust. At the second

annual convention of the American Acceptance Council, Dec. 2, 1920, President

Paul Warburg said, “It is a great satisfaction to report that during the year under

review it was possible for the American Acceptance Council to further develop and

strengthen its relations with the Federal Reserve Svstem.” He did not add that as

vice chairman of the Federal Reserve Board from 1914-18, he had organized the

Federal Reserve System, or that he served as president of the Federal Advisory

Council from 1918-27, which actually formulated policy for the Board. He was

director of Union Pacific, B&O RRs, National Railways of Mexico, Western Union,

Wells Fargo, American IG Chemical, Agfa Ansco, Westinghouse, Warburg Banks

in Amsterdam, London and Hamburg, and chairman of the board of International

Acceptance Bank. His brother Felix was chief financial banker of the Zionist

Organization of America, Palestine Economic Corp., National Railways of Mexico,

Prussian Life Insurance of Berlin, and many other companies. Felix’s son Edward

M.M. Warburg succeeded Gen. Donovan as Coordinator of Information in 1941

and later served as special political advisor to Gen. Eisenhower at SHAEF, London

during World War II. His other son Frederick was Herbert Lehman’s righthand

man in organizing the Lehman Corp., and was later known as “the foreign minister

of Kuhn, Loeb” because of his many contacts around the world. He retired as a

country gentleman at his estate Snake Hill, Middleburg, Va. His partner, Lewis L.

Strauss had a magnificent estate nearby at Brandy Station, site of the Civil War

engagement which was the largest calvary battle in U.S. history.

Dept. of Commerce figures show that Kuhn, Loeb controlled 64% of all

railroad mileage in the U.S. in 1900, which dropped to a mere 41% by 1939. In

1900, Kuhn, Loeb and J.P. Morgan, representing the Rothschilds, controlled 93%

of all railway mileage in the U.S. Speyer & Co. controlled N.Y. real estate and South

American minerals, Seligman & Co. sugar, public utilities, and Latin American

loans, August Belmont, the New York subway system, Lazard Freres, gold and

silver, specializing in international gold movements.

U.S. News May 14, 1984 listed Who Runs America; the first ten included

Weinberger and Shultz of Bechtel Corp.; the second ten included Sulzberger of the

New York Times, vice pres. Bush, David Rockefeller; the third ten included

Katharine Graham and Henry Kissinger. Former president Gerald Ford was not

listed; he is now director of GK Technologies, a $1.19 billion firm with large

defense contracts.

Other leading defense firms are United Technologies; Scovill Corp. whose

chairman Malcolm Baldrige is now Secretary of Commerce; directors include

Daniel Pomeroy Davison of J.P. Morgan bank and president U.S. Trust Olin Corp.,

$1.85 billion; and General Dynamics, controlled by the Crown family of Chicago.

When Texaco swallowed the $12 billion Getty Oil corp. after its founder

died, it showed the financial power of the London Connection; Directors of

Texaco included Willard C. Butcher, former chmn of Chase Manhattan; Earl of

Granard (Forbes) (the first baronet had reduced Sligo for William III), and

grandson of Ogden Mills, Secretary of Treasury U.S. 1932-33; Thomas H. Moorer,

chmn joint Chfs of Staff 1970-74, director Fairchild Bunker Ramo; Robert V.

Roosa, director Brookings Institution, Trilateral Commission.

The Rothschild Houston-Cleveland axis brought off one of its greatest

coups when its agent John Connally, then Secretary of the Treasury, persuaded

Nixon to abandon the gold standard. The New York Times headlined, Aug. 16,


announced tonight that henceforth the U.S. would cease to convert foreign held

dollars into gold – unilaterally changing the 25 year old international monetary

system. The President said he was taking the action to stop ‘the attacks of foreign

monetary speculators against the dollar’. The change in the world monetary system

brought about by the Presidential decision to cease converting foreign held dollars

into gold is entirely uncertain. That was the word used by Secretary Treasury John

B. Connally. Mr. Connally said he did not know what would happen.” The Times

noted that “Advice to impose some controls has been given the President from

such sources as David Rockefeller, chmn of the $23 billion Chase Manhattan

Corp., and the Organization for Economic Development, a group representing 22

nations.” The Times editorially stated, “We unhesitatingly applaud the boldness

with which the President has moved on all economic fronts – an admiration for the

completeness with which the President has junked the do-nothing approach that

immobilised the country and sapped the national will.”

On 17 Aug. 1971, the Times quoted Paul Volcker, Under Secretary of the

Treasury, who, when asked if other currencies would rise in relation to the dollar,

replied, “I think we are in no position to object.” With the story was a photo of

Volcker conferring with banking officials in London, with the caption, “Under

Secretary Paul A. Volcker conferred with leading European financial officials here

today on President Nixon’s new policy to meet the dollar crisis. He hinted broadly

that the U.S. would be happy if other countries let their currencies float in the

exchange markets. Their value would presumably rise in relation to the dollar. Mr.

Volcker said he had found a ‘very good understanding’ in his meeting. But at the

end of a confusing day in European ministries and banks, few thought they could

see a clear way out of the immediate monetary chaos caused by Mr. Nixon’s


Advance knowledge of such a far-reaching change in the monetary system

would be worth billions of dollars.


On May 24, 1979, a 14 ft. bronze statue of General William J. Donovan was

dedicated in front of Columbia University’s Law School. The dedication speech

was delivered by John J. McCloy, who had been Asst. Sec. of War when Donovan

founded the Office of Strategic Services in World War II. When Donovan died on

Feb. 8, 1959, the Director of the Central Intelligence Agency, Allen W. Dulles, sent

a message to all CIA stations around the world, “Bill Donovan was the father of

central intelligence. He was a great leader.”

International intelligence, or, as it was formerly known, espionage, was not

founded by either Donovan or Dulles, who were merely employees of the World

Order. The Order founded international espionage to protect their far reaching

investments and dealings in slaves, drugs and gold, the commodities on which their

wealth was built.

On Nov. 17, 1843, the Port of Shanghai was opened to foreign traders. Lot

No. 1 was rented by Jardine Mathieson & Co. Other entrepreneurs were Dent &

Co., and Samuel Russell, an American who represented Baring Brothers. Captain

Warren Delano, Franklin D. Roosevelt’s grandfather, became a charter member of

the Canton Regatta Club, and entered into dealings with the Hong Society. Dr.

Emmanuel Josephson states, “Warren Delano, Frederic A. Delano’s father,

founded his fortune on smuggling opium into China.” His son, Frederic A.

Delano, was born in Hong Kong, and later became the first vice chairman of the

Federal Reserve Board in 1914.

Although he was the son of an Irish wardheeler, William J. Donovan studied

law at Columbia from 1903 to 1908. His grades were said to be “atrocious”, but

one of his professors, Harlan F. Stone, took a liking to him. Another protege of

Stone was J. Edgar Hoover. As Attorney General Stone shocked Washington by

naming Hoover director of the Bureau of Investigation. Another Columbia

professor who liked Donovan was Jackson E. Reynolds, later president of the First

National Bank of N.Y. who backed Donovan’s selection as head of OSS. One of

Donovan’s Columbia classmates was Franklin Delano Roosevelt.

In 1910, Donovan met Eleanor Robson, an actress who later married August

Belmont, American representative of the Rothschilds. There was no question of

their marriage – he was looking for a rich wife, she was looking for a rich husband

– they began a relationship which lasted for years. Donovan also courted Blanche

Lopez, of a wealthy tobacco family, who lived in Rumson, N.J. He then returned

to Buffalo, where he opened a law practice. He met Ruth Rumsey, and abruptly

dropped Blanche Lopez, never contacting her again. Ruth Rumsey was heiress of

one of the richest families in America. Her father, Dexter Rumsey, and her uncle

Bronson owned 22 of Bufflao’s 43 square miles. In 1890, Dexter Rumsey was

worth $10 million. His wife was a member of the wealthy Hazard family of Rhode

Island, who had owned one thousand slaves, and were the largest slave owners in

America. The Rumseys were Masters of the Genesee Valley Hunt, the most

exclusive hunt club in the U.S. Dexter Rumsey died in 1906, leaving his son and

daughter 12½% each of his fortune in trust. Bill Donovan’s courtship of Ruth

Rumsey was complicated by the reappearance in Buffalo of Eleanor Robson, now

Mrs. August Belmont. She turned up at the Studio Club, an acting group run by

Katharine Cornell’s father, where Donovan had the juvenile lead. La Robson

requested that Donovan come to her suite in New York each weekend for “drama

lessons”. Donovan then took the long train ride to New York City each weekend,

causing considerable gossip in Buffalo, where he was already widely known for his

philandering. Nevertheless, Ruth Rumsey had determined to marry him, probably

because her family was so strongly opposed. Friends of the family stated that had

Dexter Rumsey lived, he would never have allowed this marriage to take place,

because of Donovan’s age; he was 31; his religion, Irish Catholic; and his

philandering. The Rumseys were Episcopalian, but Donovan persuaded his wife to

bring up their children as Roman Catholics. His brother was a priest. After the

marriage, Donovan and his wife moved into the Rumsey family mansion at 742

Delaware Ave. in Buffalo.

Because of his New York connections, the Rockefeller Foundation selected

Donovan to go to Europe on a “War Relief Mission” in 1915, the first of many

assignments from the World Order. He was to be separated from Ruth Donovan

continually during the next three years. While in London, he worked with

Ambassador Walter Nelson Page, William Stephenson, who later “advised” him on

setting up the OSS, and Herbert Hoover. Donovan spent five weeks in Belgium as

an observer with Hoover’s Belgian Relief Commission.

When the U.S. entered World War I, Donovan helped organize the

“Rainbow” Division, and was given command of the “Fighting 69th”. He fought

at Landes et Landes St. George, in the Meuse-Argonne sector, where, although

wounded, he charged a German machine gun squad on Oct. 15, 1918 with his

bayonet. For this feat, he was awarded the Congressional Medal of Honor. His

bravery was the subject of wide publicity in the American press, and Current

Biography later stated he was the most famous man in the A.E.F. He was with

Joyce Kilmer, the poet, when Kilmer was shot down. In 1919 and 1920, Donovan

was sent on secret missions to China and Siberia.

After the war, J.P. Morgan established the Foreign Commercial Corp. to

float $2 billion in bonds in postwar Europe. In February, 1920, he asked Donovan

to make a secret tour of Europe to obtain intelligence relating to these bonds.

Cave Brown described this mission, “Having helped to finance the war, Morgan

wished to help finance the peace by expanding the House of Morgan’s interests

widely ..... These activities required the best intelligence from the best sources in

Europe. Donovan and the Rainbow Division intelligence officer, Grayson Mallet-

Prevost Murphy, had been retained by John Lord O’Brian’s firm to obtain that

intelligence, working in secrecy.” Morgan reportedly paid Donovan $200,000 for

this operation.

During his European reconnaissance, Donovan met Adolf Hitler at

Berchtesgaden, and spent an evening with him in his room at Pension Moritz.

Donovan later claimed he had not known who Hitler was, but that he found him a

“fascinating talker”.

In 1922, Donovan was appointed U.S. District Attorney for New York. In

1924, Atty. Gen. Harlan F. Stone, Donovan’s Columbia law professor, asked him

to come to Washington as Asst. Atty. Gen. Donovan and his wife bought a house

in Georgetown (later the home of Katharine Meyer) at 1637 30th St. Donovan’s

first official act was to demand that Stone fire J. Edgar Hoover from the Bureau of

Investigation. Instead, Stone, who was Hoover’s patron as well as Donovan’s,

appointed Hoover Director of the Bureau of Investigation Dec. 18, 1924. Donovan

also became involved in another political football, the prosecution of Senator

Burton K. Wheeler. Wheeler was defended by Senator Tom Walsh, one of the

most powerful politicians in Washington, but Donovan, against all advice to the

contrary, insisted on proceeding with the prosecution. It was said that the charges

against Wheeler were “ludicrous”, and Stone asked Donovan to drop the case, but

he stubbornly proceeded to indict Wheeler before a District of Columbia grand

jury. When the case was tried in Great Falls, the jury deliberated only ten minutes

before bringing in a verdict of acquittal for Wheeler.

Such a boner would have destroyed the careers of most men in Washington,

but Donovan was under the protection of Herbert Hoover, his associate from

World War I. Between 1924 and 1928, he was Hoover’s closest associate. Hoover

took him to the Bohemian Club, the sacrosanct West Coast powerhouse where he

was the directing figure. Hoover then persuaded President Coolidge to appoint

Donovan to the Colorado River Commission, a seven state authority which

organized the proposals for the Hoover Dam (later renamed the Boulder Dam by

FDR, and still later, renamed the Hoover Dam by Act of Congress in 1947.)

During the 1920s, Republican politicians favored the nomination of Dawes for

president. Although it seemed that he was backing a sure loser, Donovan worked

as Hoover’s top strategist for four years. When Hoover was nominated on the first

ballot at the Republican Convention (a tribute to the power of the Rothschilds),

Donovan wrote his acceptance speech. It was understood that Donovan was to be

Hoover’s running mate. However, Hoover immediately realized that because he

was running against Al Smith, a Roman Catholic, he would lose the massive anticatholic

vote if he picked Donovan, also a Roman Catholic, as his running mate.

Hoover had no intention of losing his trump card in the forthcoming election. He

cast Donovan aside without a second thought, and even refused to consider him

for a cabinet post, such as Attorney General, probably the only time in American

politics that the architect of a successful Presidential campaign was denied a

position on the team or in the Cabinet.

The disheartened Donovan decided to forego political life. In 1929, he

organized the law firm of Donovan, Leisure, Newton and Irvine, with offices at 2

Wall St. He also took a 23 room suite at the Shoreham Hotel for the firm’s

Washington offices. During ensuing years, Donovan rarely saw his wife, although

they were never legally separated. Dunlop’s biography of Donovan notes that “He

always had his pick of feminine admirers. To many of the women he met,

Donovan was irresistible.” Ruth Donovan stayed at their summer home on the

South Shore of Massachusetts, or at their New York apartment on Beekman Place.

Despite his disappointment with Hoover, Donovan continued to take an

active role in national politics. He ran Knox’s campaign for the Republican

nomination in 1936, and his firm defended American Telephone and Telegraph in

an anti-trust suit by the government. Donovan won handily, which brought in a

new influx of business to his firm.

In 1937, Donovan renewed his association with the Rothschilds. The

Viennese branch of the family had lost extensive holdings in Bohemia when the

Nazis moved into Czechoslovakia. Because Donovan had already established a

network of informants in the highest echelons of the Nazi government, including

Admiral Canaris, the Rothschilds asked him to salvage their interests. He went to

Germany to argue their case, but despite his important contacts, he was defeated by

Hitler’s view of the Rothschilds as a symbol of what he hoped to achieve in his

battle against “the international bankers”. The Rothschilds were not overly

concerned; they knew that World War II was on its way, and that the outcome had

been decided in advance.

Donovan won another important legal victory in 1937, when he and a staff

of 57 lawyers defended 18 oil firms against anti-trust charges. His clients were let

off with nominal fines, and once again Donovan was considered the winner.

His German contacts now invited him to observe the Nuremberg

maneuvers, as a guest of the German General Staff. He also accompanied them on

a trip to observe the progress of the Spanish Civil War. Although he was there as

an invited guest of “the Fascists”, Donovan was soon to build the OSS around the

hard core of the Communist Lincoln Brigade. He met Kim Philby in Spain, who

was writing about the Civil War as a “pro-Nazi” journalist, a pose he carried off

successfully despite his recent marriage to Litzi Friedmann, a fanatical Communist

and Zionist provocateur.

On April 10, 1940, Donovan’s daughter, Patricia wrecked her car near

Fredericksburg, Va. and was killed. She was his only daughter; there was also one

son, David, who married Mary Grandin, Patricia’s roommate at boarding school,

and heiress of a wealthy Philadelphia family. Associates said that Donovan never

got over his daughter’s death. Because he had received the Congressional Medal of

Honor, Patricia was buried in Arlington National Cemetery. His grief-stricken wife

left for a round the world cruise on Irving Johnson’s ship, Yankee.

On May 29, 1940, William Stephenson arrived in New York with a letter to

Donovan from Admiral Blinker Hall, a British Naval Intelligence officer whom

Donovan had met in 1916. The letter proposed an American intelligence agency,

although we were not at war. Franklin D. Roosevelt sent Donovan to London

with orders to develop this program, as an “unofficial observer”. Despite efforts at

secrecy, there was widespread journalistic speculation about his mission for

Roosevelt. He then made a tour of southeast Europe for the President, gauging

the status of the German occupied countries. Although this was an obvious

espionage mission, the Germans placed no obstacles in his path. They were

anxious to maintain good relations with the United States.

After Donovan delivered his report to the President, he was named

Coordinator of Information by the White House. Because he had had no

experience in propaganda work, the office was later split into the Office of War

Information, Executive Order 9128, and the Office of Strategic Services, Military

Order of June 13, 1942. Donovan was placed in charge of the OSS.

The “new” agency was from the outset merely an outpost of British

Intelligence. On Sept. 18, 1941, Col. E.I. Jacob, Churchill’s military secretary, was

informed by Maj. Desmond Morton Church, Churchill’s liason with the British

secret service,

“Another most secret fact of which the Prime Minister is aware is that to all intents

and purposes U.S. Security is being run for them at the President’s request by the

British. A British officer sits in Washington with Mr. Edgar Hoover and General

Bill Donovan for this purpose. It is of course essential that this fact should not be


For some months, Donovan had been living in a suite at the St. Regis Hotel

in New York. He and William Stephenson had been meeting regularly since 1940

to organize the new agency. Stephenson was working directly under Col. Stewart

Menzies, head of Special Operations Executive, the top British intelligence agency.

As cover, Menzies was Colonel in the Life Guards, the escort troop of the King.

Stephenson was head of SIS, (Special Intelligence Section). When Donovan had

left for London July 15, 1940 on his mission for Roosevelt, Stephenson had wired

London, “Col. Wm. J. Donovan, personally representing the President, left

yesterday by clipper. U.S. Embassy not, repeat, not being informed.”

This was a replay of the House-Wilson-Wiseman operation during World

War I. Not only were the American people left in the dark, but concerned agencies

were never told what the conspirators had planned. Donovan’s London mission

was a slap in the face to the U.S. Ambassador, Joseph Kennedy. Roosevelt called

Donovan “my secret legs”, and he assured Stephenson in a private interview, “I’m

your biggest undercover agent.”

In “A Man Called Intrepid”, Stephenson is quoted as saying that after April,

1939, “The President was one of us.” It was also in 1939 that Roosevelt privately

told Mackenzie King, Prime Minister of Canada and a longtime Rockefeller agent,

“Our frontier is on the Rhine.” This same book quotes Churchill as saying, on the

eve of war, “We need Rockefeller and Rothschild.” Stephenson replied, “I can find

the Rockefellers and they’ll support us. We can offer our secret intelligence in

return for help.”

Indeed, the Rockefellers gave Stephenson an entire floor rent free at

Rockefeller Center, where the agency has operated ever since. A later book,

“Intrepid’s Last Case” notes that “What some would later call the secret SIS Secret

Occupation of Manhattan began in 1990. By 1941, J. Edgar Hoover was

complaining that the Rockefeller Center headquarters of British Security

Coordination controlled an army of British secret agents, a group of nine distinct

secret agencies. Attorney General Biddle was quoted as saying ‘The truth is

nobody knows anything about what Stephenson does’.”

Had “anyone” known, Stephenson would have had to be arrested and

deported. German sailors were being deliberately murdered by Stephenson’s

provocateurs in New York as acts designed to force Hitler to declare war against

the United States. The INTREPID file in SOE (Stephenson’s cover name)

described it as “a reign of terror conducted by specially trained agents and fortified

by espionage and intelligence in Occupied Europe.” Every act of Donovan and

Stephenson was a violation of American neutrality. Donovan’s law office at 2 Wall

Street was next to the Passport Control Office. He had special passports prepared

for Stephenson’s British agents. Stephenson had offices at three locations,

Hampshire House, Dorset Hotel, and Rockefeller Center. Allen Dulles had opened

a branch office of Coordinator of Information at Rockefeller Center in 1940. He

evicted all the tenants on the 25th floor of 30 Rockefeller Plaza, which was the

floor above the UK Commercial Corporation, whose president was William

Stephenson. This agency was set up after Stephenson complained on April 14,

1941 that Standard Oil was supplying the Germans through Spain, and that it was

acting as a hostile and dangerous agency of the enemy. A 400 page report by

Stephenson listing Standard Oil and other American corporations dealings with the

Germans was turned over to the FBI in 1941. J. Edgar Hoover prudently buried it.

Nelson Rockefeller, as Coordinator of Inter American Affairs, covered up

the supplying of German military forces from his South American subsidiaries.

Listed in the Stephenson Report were Standard Oil, I.G. Farben, a subsidiary of

Standard Oil; Ford Motor Co.; Bayer Aspirin (Sterling Drug); General Aniline

and Film; Ansco; and International Telephone and Telegraph. Co. Sosthenes

Behn, head of ITT, had hosted a lavish conference of German intelligence

operatives at the Waldorf Astoria in 1940. The German director of ITT was Baron

Kurt von Schroder, of the Schroder banking family of Cologne, London and New

York, who was Hitler’s personal banker.

The OSS was actually set up by four members of the British Chief of Staff:

Lord Louis Mountbatten (formerly Battenberg), a cousin of the King, and related

to the Frankfort banking families, Rothschild and Cassel; Charles Hambro,

director of Special Operations Executive, and director of Hambros Bank; Col.

Stewart Menzies, head of Secret Intelligence Service; and William Stephenson, in

charge of SIS American operations. An ancestor of Col. Menzies had been a

notorious Jacobite double agent during the last days of James II’s reign. The

present Menzies was the son of Lady Holford; he married Lady Sackville, daughter

of the 8th Earl de la Warre, of the Sackville-West family which owned historic

Knole; second, he married Pamela Beckett, daughter of J.Rupert Beckett, chmn of

Westminster Bank, now National Westminster Bank, one of England’s Big Five.

Menzies’ mother-in-law was the daughter of Lord Berkeley Paget, Marquess of

Anglesey. Menzies’ daughter married Lord Edward Hay, Marquess of Tweedsdale,

Earl of Kinoull, related to Countess of Errol. The present Sir Peter Menzies is a

director of National Westminster Bank, treasurer of the giant Imperial Chemical

Industries, and director of Commercial Union Assurance Co. In the British Who’s

Who, 1950, Col. Menzies noted that he had been appointed “C”, head of MI6 from

1939-51, but in later editions, he omitted this information.

Ford states in his “Acknowledgements”, “Lord Mountbatten of Burma was

a close personal friend of Donovan as one of the four members of the British

Chief of Staff Committee which helped Donovan in the formation and operation

of Office of Strategic Services.”

The “American” secret service was never anything but a British operation,

directed at all levels by representatives of the British Crown. OSS agents received

advanced training for the European theater at Bletchley Park, British espionage

headquarters. This site was chosen because it was only ten miles from Woburn

Abbey, where Lord Beaverbrook’s agent, Sefton Delmer, operated the British

“dirty tricks” center and other propaganda activities. Woburn Abbey was the

ancestral home of the Duke of Bedford, Marquess of Tavistock. The British

Bureau of Psychological, Warfare operated as the Tavistock Institute.

The membership list of CFR members in 1946 reveals the names of many

OSS and OWI operatives; Lyman Bryson, who was with the American Red Cross

in Paris, 1918-19, chief of special operations, OWI 1942, and a director of CBS;

Thomas W. Childs, Rhodes Scholar, Paris representative of Sullivan & Cromwell

(the Dulles law firm), exec. asst. to British Govt. War Supply US, British Embassy,

Washington, 1940-45, partner Lazard Freres 1995-48, holds Order of the British

Empire, leader in English-Speaking Union; Nicholas Roosevelt, American

Commission to Negotiate Peace, Paris, 1919, OWI 1942-43; Joseph Barnes,

director OWI’s Foreign Operations, organized Willkie’s world tour 1942, coined

the phrase “One World”, identified as a Communist agent; Elmo Roper, the famed

pollsterSS agent 1942-45; Gaudens Megaro, chief Italian Section OSS 194;-045;

Henry Sturgis Morgan, son of J.P. Morgan, director Pullman, General Electric;

Shepard Morgan, London director OSS 1943-44, was with Federal Reserve Bank of

New York 1916-24, director reparations payments Berlin 1924-30 supervised by

Chase Natl. Bank, later chmn Natl Bureau of Economic Research, the Rockefeller

propaganda operation; John Gardner, OSS Europe 1999-45, then joined the

Carnegie Corp.; Allen W. Dulles chief OSS Europe, director J. Henry Schroder,

later first director CIA; John Haskell, OSS 1943-44, formerly with Natl City


Another son of J.P. Morgan, Junius, was placed in charge of OSS finances.

Paul Mellon and his brother-in-law, David Bruce joined OSS – Bruce was in charge

of the London office, later was Ambassador to France. OSS also had operatives

from the Vanderbilt, Archbold, DuPont and Ryan families, giving rise to the quip

that OSS meant “Oh So Social”. James Paul Warburg, son of Paul (who had

written the Federal Reserve Act), was Donovan’s personal assistant in setting up

OSS. William J. Casey, present head of CIA, was chief of secret intelligence OSS


In Feb. 1981, OSS veterans held a gala reunion in New York. Present were

Margaret Thatcher, Prime Minister of England; Julia Child; Beverly Woodner,

Hollywood designer; John Shaheen, who had been chief of OSS Special Projects

now a wealthy oil man; Ernest Cuneo, who had been liaison between OSS and

FDR; Arthur Goldberg, labor lawyer and Zionist leader, later Supreme Court

Justice and U.S. Ambassador to the U.N.; Bill Colby, later chief of CIA; and

Temple Fielding, the travel authority who began his travel expertise with OSS.

One of OSS’ most famous agents who didn’t show up, was Ho Chi Minh.

OSS agents became prominent members of “the new class” in Washington;

Archibald MacLeish became Librarian of Congress; Ralph Bunche became U.S.

Representative to the U.N.; S. Dillon Ripley became head of the Smithsonian.

Donovan had been chosen to head the OSS because of two decades in

which he carried out secret missions for the Morgans, the Rockefellers and the

Rothschilds. When he staffed the agency with known Communists, they offered

no objection. He had earlier provided unpaid legal help for members of the

Communist mercenary force, the Abraham Lincoln Brigade. Now he welcomed

these veteran “anti-Fascists” into OSS. Ford writes, “In the OSS employment of

pro-communists was approved at very high levels. OSS often welcomed the

services of Marxist enthusiasts.”

When J. Edgar Hoover, eager to embarrass a rival, sent agents to Donovan

with FBI dossiers on Communist OSS employees, Donovan replied, “I know

they’re Communists–that’s why I hired them.” Donovan loaded OSS with such

fanatical Communists that they became a joke in Washington. He appointed Dr.

Maurice Halperin Chief Latin American Div. OSS. Halperin regularly altered the

information which came across his desk to fit the current party line. He often kept

his office locked, causing other OSS employees to joke that “Halperin must be

having another cell meeting.” After the war, J. Edgar Hoover testified before

Congress about Halperin’s Communist background. Halperin later moved to

Moscow, then to Havana.

Despite the damning dossiers which J. Edgar Hoover maintained on leading

Communists in the OSS, he could find no politician willing to buck FDR’s three

White House assistants, Hiss, Currie and White. Eleanor Roosevelt had been one

of the most frenetic activists on behalf of the Lincoln Brigade. Joe Lash gave her a

small bronze of a Communist soldier, which she kept on her desk for the rest of

her life. Donovan even appointed Irving Goff head of OSS in Italy after the

Salerno landing. Goff had been commander of the Lincoln Brigade, and was later

chairman of the Communist Party in Louisiana and New York.

The Spanish Civil War had created an alliance between American

“intellectuals” and the Communists. In “Passionate Years”, Peter Wyden reports

that Archivist Victor A. Berch, of Brandeis University, said 40% of the Lincoln

Brigade were Jewish. Oddly enough, the “Fascists”, the Falange, was led by two

marranos, General Franco and his financial backer, Juan March. March paid for

Franco’s return to Spain with a $2 million credit at Kleinwort’s of London. In July,

1936, March placed $82 million of securities in Nationalist accounts. He deposited

$1.5 billion in gold at the Bank of Italy, 121.5 metric tons greater than the gold

reserve of most nations.

The Communists stole the Spanish gold reserve and shipped it to Russia.

NKVD General Alexander Orlov, on orders from “Ivan Vasilyevitch”, a rare code

name for Stalin, loaded Spain’s gold reserve on the Soviet ship Komsomol Oct. 25,

1936; it arrived in Odessa Nov. 2, and was trucked to Moscow’s Precious Metals

Deposit, Gohkran, $788 million. $240 million had also been shipped to France

from Spain.

The Lincoln volunteers surrendered their passports to NKVD officers when

they arrived in Spain. These passports were then routinely used in Communist

espionage. The murderer of Trotsky was arrested in Mexico with a Canadian

passport issued to Tony Babich, who was killed in the Civil War. Gouzenko later

exposed a Communist agent in Los Angeles using the passport of Ignacy Witczak.

Witnesses saw stacks of these Lincoln passports stacked in the Lubianka prison,

waiting to be used.

Ernest Hemingway wrote that “The Spanish Civil War was the happiest time

of our lives.” He modelled his hero in “For Whom the Bell Tolls” on Robert

Merriman, a Moscow agent who was receiving a $900 a year fellowship from the

University of California. Hemingway wrote and produced a film, “The Spanish

Earth” to raise money for the Communists, aided by Archibald Macleish, Dashiell

Hammett and Lillian Hellmann. Hemingway put up $2750 for the film, and

donated all his royalties. He toured Hollywood to raise funds for the Communists,

an effort reciprocated when they named his book “For Whom the Bell Tolls” a

book-of-the-Month Club selection and a multi-million dollar Hollywood

production. This was how one achieved “artistic success” in the 1940’s.

The English contingent fighting in Spain for the Communists included

Virginia Woolf’s nephew, Julian Bell, who was killed, and Eric Blair, later known as

George Orwell. He was in the front line for 112 days before being wounded. He

later wrote “1984” a propaganda coup for the World Order which claimed no one

would be able to withstand their power. He concluded “1984” with the

observation that the future would be marked by a jackboot being stamped into the

human face forever.

Journalists to a man rallied to the Communist cause. A.M. Rosenthal,

executive editor of the New York Times, said of his brother-in-law, George Watt,

Commissar of the Lincoln Battalion, “God, how I admired that man. He was my

hero.” Herbert L. Matthews wrote in 1946, “Nothing so wonderful will ever

happen to me again as those two and a half years 1 spent in Spain. There I learned

that men could be brothers. Today, wherever in this world I meet a man or

woman who fought for Spanish liberty I meet a kindred soul. Nothing will ever

break that bond. We left our hearts there.” Despite his despair, Matthews was able

to relive the glory of Spanish years when he promoted Castro and a band of six

guerillas into the dictatorship of Cuba, through a frenetic propaganda barrage in the

New York Times.

Kim Philby, later active with the OSS and CIA as British Liaison also was

prominent in the Spanish Civil War. Son of the famed Arabist, Sir Harold Philby,

he joined the Cambridge Socialist Society in 1929. He worked for the British

Treasury 1932-33 and was recruited by the communist party. In 1934, in Vienna,

he married Litzi Friedmann, a communist agent. Witness at the marriage was

Teddy Kollek, later a fundraiser for the Israeli terrorists, now Mayor of Tel Aviv.

Working as a Soviet mole, Philby was financed by the Schroder Bank in 1934

to publish a pro-Hitler magazine for the Anglo-German Fellowship. The Times

then sent him to Spain to cover the Civil War. He took as his mistress the divorced

wife of Sir Anthony Lindsay-Hogg, Frances Doble, a Falangist sympathizer whose

Salamanca palace became his Spanish headquarters. The daughter of a Canadian

banker, Doble lavishly entertained the Falangist leaders. Philby Frequently met

General Franco there.

Philby was recruited for the British SIS in 1940. In 1942, he helped Norman

Holmes Pearson, a Yale professor who specialized in the work of Ezra Pound, to

set up the London office of OSS with Charles Hambro chief of SOE. In 1949,

Philby was sent to Washington as SIS liaison officer with the CIA and FBI. J.

Edgar Hoover frequently lunched at Harvey’s Restaurant with Philby and James

Angleton of the CIA. While CIA station chief in Rome, Angleton worked closely

with the Zionist terrorists Teddy Kollek and Jacob Meridor, and later became chief

of the Israeli desk at the CIA, helping Philby to set up the lavishly funded

international Mossad espionage operation, all paid for by American taxpayers. A

senior CIA security official, C. Edward Petty, later reported that Angleton might be

a Soviet penetration agent or mole, but President Gerald Ford suppressed the


Top secret files of the CIA and FBI were opened to Philby, despite

widespread claims that he was a Soviet agent. Although he helped Burgess and

MacLean defect to Russia in 1951, he continued to work for SIS until 1956, under

the protection of Harold MacMillan, who defended him publicly in parliamentary

debate. In 1962 and Englishwoman at a party in Israel said, “As usual Kim is doing

what his Russian Control tells him. I know that he always worked for the Reds.”

Miles Copeland says that Philby placed a mole in deep cover in the CIA known as

“Mother”. Philby was quoted as saying, “Foreign agencies spying on the U.S.

Government know exactly what one person in the CIA wants them to know, no

more and no less.” Philby was finally exposed by a defector, Michael Goleniewski.

On Jan. 23, 1963, Philby left Beirut and defected to Moscow, where he became a

Lt. Gen. in the KGB. On June 10, 1984, Tad Szulc wrote in the Washington Post

that Philby was never a Soviet agent, according to CIA memoranda introduced in a

lawsuit, but that he was a triple agent. This explains curious paradoxes in the

supposed rivalry between the CIA and the KGB, when certain charmed souls float

easily back and forth between the two services. Agents of either service are

“eliminated” when they find out more than is good for them about this odd


“Intrepid’s Last Case” states that “For 38 years there was an official NKVD

mission in London whose agents were assisted by both British Special Operations

and the American OSS. Only now is it clear that Moscow had received hundreds

of top secret OSS research studies; and that the British had supplied guerilla

warfare expertise to the chief of the NKVD’s subversive operations, Col. A.P.

Ossikov !”

In 1993, Donovan was sent on a special mission to Moscow, to establish a

permanent alliance between the OSS and the NKVD. Donovan, W. Averill

Harriman, and Lt. Gen. Fitin and Maj. Gen A.P. Ossikov of the NKVD worked

out a plan to establish offices of the NKVD in key American cities. On Feb. 10,

1944, J. Edgar Hoover sent a confidential message to Harry Hopkins, “I have just

learned from a confidential source that a liaison arrangement has been perfected

between the OSS and the NKVD whereby officers will be exchanged between the

services; the NKVD will set up an office in Washington.” Hopkins was forced to

contact Atty. Gen. Biddle to alert the Dept. of justice to this operation; because of

the coming election, Roosevelt prudently withdrew his support for the plan.

Because of their co-operation with the NKVD and the prominent

Communists in OSS, General Douglas MacArthur refused to allow any OSS agent

in his theater of operations in the Pacific. Donovan went to MacArthur’s

headquarters on April 2, 1944 and made a personal appeal to him, but was

rebuffed. MacArthur considered the OSS agents more dangerous to American

Security than any military opponents. In Donovan’s Washington headquarters,

Estelle Frankfurter was caught stealing confidential OSS reports. She was

discharged, although her brother, justice Felix Frankfurter, was Roosevelt’s closest

confidante. As organizer of the Harold Ware cell, Frankfurter had placed Soviet

operatives in many Government agencies, and had put his personal protege, Alger

Hiss, in FDR’s office. Frankfurter’s brother, Otto, served a sentence in Anamosa

State Prison, Iowa for Fraud.

While Joseph E. Davies was Ambassador to Moscow, the State Dept. in

1937-38 was ordered to destroy all of its irreplaceable files on the Soviet Union.

The Russian Division of the State Dept. was abolished, and the last anti-communist

survivors were summarily fired.

Since 1935, seven Soviet networks of espionage had been active throughout

Europe. Known by their German name, die Rote Kapelle, the Red Orchestra, they

were run by Grand Chief Leopold Trepper, who later emigrated to Israel. In

January, 1942, Allen Dulles enlisted die Rote Kapelle to form an anti-German group

led by Baron Wolfgang von Pultitz, who later arranged for the defection to East

Germany of Otto John, head of West Germany’s FBI. During World War II, both

von Pultitz and John had worked under Charles Hambro at Britain’s SOA.

General Alfred E. Wedemeyer later testified that in 1942 he had proposed a

guaranteed plan to shorten the war by at least a year, invading France across the

Channel. Winston Churchill argued for his “soft Underbelly” approach through

North Africa and Sicily. Gen. Marshall called Wedemeyer before Churchill and

Roosevelt to explain his plan, on which he had worked for months, perfecting

every detail. Churchill persuaded Roosevelt to postpone the Wedemeyer plan for

another year, while the Churchill plan was put into action in North Africa in Nov.

1942. Wedemeyer’s plan was vindicated in 1946 by Gen. Franz Halder, Chief of

Staff of the German Army, who said the Wedemeyer cross-Channel invasion would

have been a decisive and timely blow which would have shortened the war by at

least a year. However, ending the war in 1943 would have cost the munitions

manufacturers many billions in profits. Ezra Pound broadcast on July 17, 1943.

“I reckon my last talk was the most courageous I have ever given. I was playing

with fire. I was openly talking about how the war may be prolonged, by fellows

who were scared that the war might stop. I mean they’re scared right out of their

little gray panties, for fear economic equity might set in as soon as guns stop

shooting or shortly thereafter. The stage scenery fell with a flop, simultaneously

with some anti-Axis successes.”

What was Pound talking about ? Stage scenery – what a cynical way to

describe a world conflagration in which one hundred million people were dying.

Pound exposed the charade. Early in the war, a British Secret Service operation,

Operation Ultra, had obtained the German coding machine. They were able to

read every secret order from Hitler and the German General Staff. It was like

shooting fish in a barrel. F.W. Winterbotham, chief of Air Intelligence, SIS, wrote

about his operation of Ultra, “The Ultra Secret”. He says, “On Aug. 2 (1944)

which I remember, covered two whole sheets of my Ultra paper, Hitler told Kluge

not to pay any attention to the American breakout. He then outlined his master

plan for handling the entire invasion.”

Had Hitler had access to all secret communications of the Allies, he would

have had an unbeatable advantage. The Allies listened to all of his orders, and

reacted accordingly. Early in the war, Ultra informed them that the Germans were

planning a massive bombing raid on Coventry. If they evacuated the city, it would

show the Germans they were listening to their plans. Churchill ordered the British

to do nothing. The Germans bombed Coventry, killing thousands of women and

children. The Ultra secret was protected at the cost of many British lives.

The British also had a double agent, Baron Wilhelm de Ropp, who was

Hitler’s personal confidante on British policy. De Ropp had lived in England since

1910. He married an English wife, but maintained an apartment on the

Kurfurstendamm, as a journalist moving between Germany and England. His

closest friend in England was F.W. Winterbotham, chief of Air Intelligence. In

Feb. 1939, de Ropp took Winterbotham to Germany, where he conferred with

Hitler, Rudolf Hess, and von Milch, head of the German Air Force. Winterbotham

writes, “By 1934, I had obtained personal contact with the Head of State, Hitler,

and with Alfred Rosenberg, the official Nationalist Party Philosopher and Foreign

Affairs expert, and Rudolf Hess, Hitler’s deputy. From my personal meetings with

Hitler I learned about his basic belief that the only hope for an ordered world was

that it should be ruled by three superior powers, the British Empire, the Greater

Americas, and the new Greater Reich. I felt that his desperate desire for peace was

no bluff. (At Dunkirk) Hitler told his General Staff exactly what he had told me in

1939; it was necessary that the great civilization Britain had brought to the world

should continue to exist and that all he wanted from Britain was that she should

acknowledge Germany’s position on the Continent.”

Hitler failed to comprehend the depravity of the behind the scenes figures of

the World Order who had gained control of the British Empire with the South

Africa wealth they had won in the Boer War. This hoard of gold and diamonds

represented the greatest influx of new purchasing power into Europe since the

Spanish galleons brought in the gold of the Incas. The resistance encountered in

this war caused the planners to resolve that in the future, wars would be managed

as precisely as any other business operation. Their philosophy of Hegelian

determinism called for setting up two opposing forces, thesis and anti-thesis, which

would be thrown against each other in conflict to produce an outcome, synthesis.

Between the two World Wars, it was necessary to rearm Germany, and also

to back a German Government strong enough to prepare the nation for another

war. The same people who had supplied Germany from 1916 to 1918 in order to

keep World War I going now backed the Nazis to produce a Second World War.

The Schroders and Rothschilds had set up Hoover with the Belgian Relief

Commission, in partnership with Emile Francqui, “the Beast of the Congo”, later

the U.S. Food Administration, run by selfless men who inexplicably amassed

sudden fortunes in sugar, grain and shipping. Two of these men, Prentiss Gray and

Julius H. Barnes, then became partners in Schroder Co. The New York Times Dec.

11, 1940 noted that “Baron Bruno von Schröder died at his home here, Dell Park,

Englefield Green, Surrey. He came to England in 1900 and was naturalized in

1914. He established J. Henry Schroder & Co. in London 1904 and in New York,

1923. His son Helmut W.B. Schroder now becomes head of the firm. His partner

Frank Cyril Tiarks has been a director of the Bank of England since 1912. In 1923,

Baron von Schroder bought the Baghdad Railway. The deal was the biggest ever

made under cover of the Lausanne Conference disposing of former German

concessions in Turkey, and the Rothschilds and Lloyd’s Bank shared with Baron

Schroder in the syndicate that advanced $25 million to start the rebuilding of the


The importance of the Schroder firm between the two world wars is shown

by the following excerpts; New York Times Dec. 3,1923; “The first installment of

capital for the new currency bank which will grow out of the Rentenbank was

issued in Berlin today in the shape of checks in pounds sterling, to the value of 25

million gold marks ($6,250,000) from the London bankers Schroder & Co., whose

share in the capital loan is 100,000,000 gold marks, ($25,000,000). Baron Henry

Schroder who is the head of the firm, has long been closely connected with

German financial interests in the international field.”

New York Times Nov. 25, 1928; “J. Henry Schroder Banking Corp. Finance

and Trade Commentary states, ‘If, in the forthcoming reparations conference, the

external obligations of Germany are fixed at some reasonable figure, it would be an

important step in Germany’s whole economic recovery’.”

New York Times, Nov. 2, 1928: “J. Henry Schroder Co. floats a $10,000,000

6% loan to Prussian Electric Power Co. in partnership with Brown Bros


New York Times, Nov. 14, 1929; “The Prussian State has arranged a $5

million loan from J. Henry Schroder Co. to extend Stettin Harbor.”

New York Times, Jan. 27,1933; “The City Co. of New York and the J. Henry

Schroder Trust Co. have been designated as German bond scrip agents by the

Gold Discount Bank of Berlin. Representatives of American houses of issue said

yesterday that they were without direct advice from Berlin, where the Germans and

representatives of other creditors are now conferring. The bankers are represented

there by John Foster Dulles of the law firm of Sullivan and Cromwell.”

New York Times, April 19, 1940; “The J. Henry Schroder Banking Corp. has

succeeded Speyer & Co. as fiscal and paying agent for city of Berlin 25 years 6½%

gold bonds due in 1950.”

A leading economist, Professor von Wiegand, has gone on record criticizing

the present writer for statements about the Schroder Co. claiming the firm had little

or no connection with Germany, apparently because he had not researched the

subject in the New York Times. The president of J. Henry Schroder also issued a

denial in 1944 that they had done any business in Germany.

Adolf Hitler had joined the German Workers Party in 1919 because it was

supported by the Thule Society, an influential German society of aristocrats and

financiers. In 1921, Hitler met with Admiral Schroder, commander of the German

Marine Corps. In Dec. 1931, the circle of Friends was formed, twelve prominent

German businessmen who promised to donate regularly to the Nazi Party. Baron

Kurt von Schroder, partner of J.H. Stein Co. Cologne bankers, was the leader of

this group. J.H. Stein then became Hitler’s personal banker. Hitler’s aide, Walther

Funk, met with Schroder to discuss the real views of Hitler on questions

concerning the international bankers. Funk was able to satisfy Schroder, and the

financial support of the Nazi Party continued.

Maj. Winterbotham points out that Lord Montagu Norman, Governor of

the Bank of England for more than thirty years, was Hjalmar Schacht’s best friend.

Schacht, Hitler’s Finance Minister, named his grandson Norman because of the

friendship. Paul Einzig, in “Appeasement Before, During and After the war”, says

“On May 29, 1933, Mr. F.C. Tiarks of the British Banking Delegation met with Dr.

Schacht, and found Dr. Schact’s attitude wholly satisfactory.” Mr. Tiarks was a

longtime partner of J. Henry Schroder and director of the Bank of England since

1912. His granddaughter married the present Duke of Bedford.

On p.78, Einzig says, “Towards the end of 1936 a new firm was registered in

London under the name of Compensation Brokers Ltd. which was controlled by

the banking house of J. Henry Schroder & Co., and Hambro’s Bank Ltd., with the

declared object of assisting with barter transactions between Germany and various

parts of the English Empire.”

When Alfred Rosenberg came to London, he was introduced to many

leading figures, including Geoffrey Dawson, editor of the Times, Walter Eliot, M.P.

Lord Hailsham, secretary for War, and the Duke of Kent, brother of king Edward

VIII and George VI. The Duke of Coburg, a close friend of Hitler, had three long

talks with King Edward VIII on his accession in January 1936. Edward assured the

Duke of his sympathies with the Third Reich. In 1965, the then Duke of Windsor

remarked, “I never thought Hitler was such a bad chap.” The story behind

Edward’s sudden abdication was that his advisers realized he would not sign the

papers for mobilisation against Germany. An American divorcee was brought into

the picture. She led Edward off to the Rothschild castle in Austria, while his

“slightly retarded” brother George was installed as King of England.

During the mid-thirties, three isolationist groups were active in England,

“The Link”, led by Admiral Sir Barry Domvile, and composed of genuinely

patriotic Englishmen; the Anglo-German Fellowship, organized by J. Henry

Schroder Co. with the help of the Soviet mole Kim Philby to lull Hitler into the

belief that England would never declare war on him; and “the Cliveden Set”, who

met at Lord Astor’s palatial castle, Gliveden, to promote “appeasement”.

On Jan. 4, 1933, Hitler met with the Dulles brothers at the Cologne home of

Baron Kurt von Schroder to guarantee Hitler the funds needed to install him as

Chancellor of Germany. The Dulles Bros. were there as legal representatives of

Kuhn, Loeb Co., which had extended large short-term credits to Germany, and

needed a guarantee of repayment. Allen Dulles was later esconced in Switzerland

by the OSS during World War II. Still later, he became Director of the CIA. He

had been a director of J. Henry Schroder Co. for many years.

On June 11, 1934, Lord Norman and Schacht met secretly at Badenweiler in

the Black Forest, and again in Oct. 1934, to guarantee loans to National Socialist

Germany. The J.H. Stein Bank of Cologne and the London and New York

branches of Schroder Bank were correspondent banks often involved in

transactions throughout the Hitler regime. Baron Kurt von Schroder was a

member of the Herrenklub, the most influential group in Germany, and the Thule

Society, which had most Hitler’s career in 1919. He was director of all of ITT’s

German subsidiaries, SS Senior Group Leader, Deutsche Reichsbank, and many

other high-ranking positions (listed by the Kilgore Committee, 1940).

On Sept. 30, 1933, the financial editor of the London Daily Herald wrote

about “Mr. Montagu Norman’s decision to give the Nazis the backing of the Bank

of England.” Norman’s biographer, John Hargrave, writes, “It is quite certain that

Norman did all he could to assist Hitlerism to gain and maintain political power,

operating on the financial plane from his stronghold in Threadneedle Street.”

Another Hitler supporter was Sir Henry Deterding, of Royal Dutch Shell,

which had been founded by the Samuel family. In May, 1933, Alfred Rosenberg

was a guest at Deterding’s large estate, Buckhurst Park, Ascot, one mile from

Windsor Castle. Oswald Dutch writes that in 1931 Sir Henri Deterding and his

backers, the Samuel family, gave Hitler 30 Million pounds. Deterding then

divorced his wife, and married his secretary, an ardent Nazi and German.

Otto Strasser wrote that Schroder agreed to “foot the bill” for the Nazi Party

at a secret meeting, and guaranteed their debts, ending up collecting a generous

amount of interest on his original capital. (Senate Hearings, Committee for Military

Affairs, 1945).

In England, journalist Claud Cockburn led the fight against the “Cliveden

Set”, seemingly unaware that three of the Astors had founded the Royal Institute of

International Affairs. He wrote indignantly, “The Astors and others clustered

around Chamberlain were a set of appeasers who saw Hitler’s regime and their

collaboration with it as necessary to maintain the social order they preferred.”

The Cockburns are too self-limited to understand that the “appeasers”

collaborated with Hitler only to obtain the world war which was essential to their

world program. Hitler was duped into going into the Rhineland, duped into going

into Czechoslovakia, and duped into attaching Poland. The advertised belief is that

he was amazed at the weakness of the opposition to these moves; in fact, he had

been promised there would be no opposition, until he went into Poland and

discovered he had been duped.

Once Hitler had served his purpose, these same bankers plotted to

assassinate him. We know the names of Count von Stauffenberg and Fabian von

Schlabrendorff, aristocrats who tried to kill Hitler, but on July 22, 1984, the

Washington Post revealed the name of the master-mind, Axel von dem Bussche.

He married the daughter of the Earl of Gosford, Baron Acheson, air attache at the

Paris Embassy. Baron Acheson had married the daughter of John Ridgely Carter, a

partner of J.P. Morgan Co., whose father, a Baltimore lawyer, had been legal

counsel for the Pennsylvania Railroad and many other railroads. John Ridgely

Carter married Alice Morgan, was secretary of the American Embassy, London,

1894-1909, and was partner in J.P. Morgan Co. 1914, and also the Paris branch,

Morgan Harjes Co. Dean Acheson, a cousin of the Gosfords, also worked for J.P.

Morgan Co. and later became Secretary of State. The 2nd Earl Gosford had been

Gov. Gen. of Canada and governor-in-chief of all British North America. Richard

Davis notes in “The English Rothschilds” that the Earl of Gosford was a frequent

house guest of the Rothschild family. This may explain why his American cousin,

Dean Acheson, was plucked from obscurity to become secretary of State.

The cast of characters is really quite small in number. The grandson of a J.P.

Morgan partner masterminds the plot against Hitler, cooperating with Schroder

partner Allen Dulles from his Swiss redoubt of the OSS. Admiral Canaris, in

charge of the Abwehr, Hitler’s intelligence services had made contact with the

British Secret Service in London as soon as he assumed that post, through

Frankfurt lawyer Fabian von Schlabrendorff, a key member of the plot, aided by

Count Helmut von Moltke, a member of the German Bar and also a member of

the Inner Temple of London. Von Moltke’s mother was Dorothy Innes, related to

the Schroder banking family.

During his first two years with the OSS, Bill Donovan accepted no salary.

In 1943, he was promoted to Major General, and received pay for that grade. In

1943, OSS had a $35 million budget, with 1651 employees, which increased tenfold

the following year to 16,000. By the end of the war, there were 30,000 agents and

sub-agents, many of whom were involved in looting, blackmail, and other moneymaking

schemes. Airplanes were often commandeered for mysterious flights to

haul huge sums in gold, diamonds, paintings and other treasure. From the outset,

the OSS had been dealing in large sums in gold. In the spring of 1942, $5 million

in gold coins was sent to North Africa to finance secret operations. After the

North African invasion, certain bankers who had been holding francs worth 100

million were suddenly worth 500 million. Large scale currency transactions were

handled for the OSS by an underworld figure named Lemaigre-Dubreuil, who was

shot by unknown gunmen at his Casablanca home.

The political advisor to the Supreme Allied Commander, Mediterranean was

Robert D. Murphy, whose wife was a manic-depressive, and whose daughter

committed suicide. He was having an affair with the Princess de Ligne, official

representative of the Comtede Paris, a Bourbon and pretender to the throne of

France. She deeply involved Murphy and the OSS with her principal associate, a

Syrian Jew named David Zagha, who dealt in million dollar estates, gems and

antiques. He had large holdings in Damascus, and he laundered millions of dollars

of OSS funds through Lemaigre-Dubreuil, until that worthy’s assassination in


The wheelings and dealings have also characterized the operations of OSS

successor, the CIA often called “the Central Investment Agency”, because of its

many nefarious dealings. V. Lada-Mocarski, president of J. Henry Schroder, was

chief of secret intelligence operations for OSS Italy 1943. The OSS secret files later

turned up in the hands of Propaganda Due, P-II, a secret Masonic organization

which included many prominent figures in Italy. The go-between for P-II and the

CIA was Michael Sindona, the conduit for $65 million which the CIA pumped into

Italian elections. He was connected with the Nixon law firm, and with John

McCaffrey, chief of resistance forces in Europe for British intelligence during

World War II, and later representative of Hambro’s Bank, and also with Prince

Borghese. Although Borghese had been condemned to be executed during World

War II, he was rescued by James Angleton, later Vatican consultant for the CIA.

Sindona, McCaffrey and Borghese were partners in an Italian bank, Universal

Banking Corp. which was a front for Meyer Lansky and the Mafia. The collapse of

Banco Ambrosiano cost the Vatican a billion dollars (later reduced to $250 million),

ending in the murder of its president Roberto Calvi, found hanging from

Blackfriars Bridge in London. He was declared a “suicide”, but a judge later

rendered the finding he had been murdered by “persons unknown”.

Gen. Donovan also had an important family connection with the

Harrimans. His wife’s cousin, Charles Rumsey, had, married W. Averill Harriman’s

sister Mary. The Harrimans had been brought up on their New York estate,

Arden, which had 30,000 acres, a 150 room house, and a crew of 600 working

constantly to keep things in order.

Harriman’s other sister married Robert Livingston Gerry, son of

Commodore Elbridge Gerry. Their son, Elbridge Gerry, is a partner of Brown

Bros Harriman.

In 1939, Donovan had purchased a farm near Berryville, Chapel Hill Farm.

In 1945, he sold his Georgetown house to Katharine Graham, of the Washington

Post family. The farm was taken over by the Rumsey Trust. Donovan lived at 1

Sutton Place, New York, the address made fashionable by Bessie Marbury, the

queen of the international homosexual set who, as the leading power in the

Democratic Party, had made it possible for Franklin D. Roosevelt to become

Governor of New York.

In 1921, developer Eliot Cross sold Marbury’s “wife”, Elsie de Wolfe, No.13

Sutton Place. The Times soon noted a “curious migration”, headlining that Mrs. K.

Vanderbilt and Anne Morgan had bought homes in Sutton Place, “a little known

two block thoroughfare”. Mrs. Vanderbilt paid $50,000 for her home; Anne

Morgan, daughter of J.P. Morgan, and member of the de Wolfe-Marbury “Hellfire”

set, paid $75,000. They then spent several hundred thousand dollars renovating

these homes. The Times characterized the “Sutton Place curious migration” as a

malicious dig at the well-known proclivities of the new settlers, who would soon

make Manhattan notorious as the world headquarters of the homosexual


Donovan’s surviving son had refused to enter the law firm or to have

anything to do with the OSS. He had a distinguished wartime career as a Navy

captain in charge of landing operations at Sicily and other invasions. At a New

Years Eve celebration, 1946, his five year old daughter Sheila accidentally drank

silver polish and died. His wife died after an overdose of sleeping pills.

“Intrepid’s Last Case” notes that “a political decision forced the OSS to

surrender to Moscow the captured Soviet military and diplomatic code books on

intelligence from the nazis.” The greatest intelligence coup in history came to

naught after Roosevelt’s three Communist associates demanded that this complete

set of Soviet code books be returned to Stalin.

On May 17, 1945, Donovan became special assistant to justice Robert H.

Jackson, U.S. prosecutor at the Nuremberg Trials. Although the captured German

leaders were accused of many things, they were never accused of having accepted

money from the Bank of England, or of being financed by the Schroder Bank.

Baron Kurt von Schroder had been arrested and transferred to a British detention

camp. A German denazification court later fined him 1500 RM and sentenced him

to three months detention. Since he had already been held for that period, he was

released. The New York Times on Feb.29, 1948 demanded that he be tried by an

Allied Military Tribunal – “von Schroder is as guilty as Hitler or Goering”.

In May 1945, William Stephenson formed the British American Canadian

Corp. in New York, later changed to a Panamanian registry as the World

Commerce Corp. April 2, 1947. When Germany surrendered, the London office

of OSS had ten million dollars on hand, deposited in Hambro’s and Schroder’s

Banks. This money could not be “returned” to the U.S. Government without

stating where it had come from. As proceeds from dealings in gold and jewels, an

inquiry could provoke a Congressional investigation. The principals decided to

hold it in abeyance for future operations in the new corporations, whose officers

were Stephenson, Donovan, Sir Charles Hambro, Edward R. Stettinius, Russell

Forgan of Glore Forgan Co., nephew of James Forgan, first president of the

Federal Advisory Council of the Federal Reserve Board, and successor to David

Bruce as chief of OSS Europe; Sidney Weinberg, head of the Special OSS Mission

to Moscow; Nelson Rockefeller; Col. Rex Benson Menzies of SIS and chairman

of Robert Benson Co. merchant bankers; John J. McCloy; Richard Mellon; Sir

Victor Sassoon; Lord Leathers; Sir William Rootes of Rootes Motors; Sir

Alexander Korda; Olaf Hambro; Brig W.T. Keswick head of Jardine Mathieson

Co., director of Hudson Bay Co. Hong Kong Shanghai Bank and chief of Special

Operations Executive in Asia, World War II; Sir Harold Wernher, British

industrialist; Ian Fleming of the Kelmsley Press; David Bruce; Joseph C. Grew,

nephew of J.P. Morgan; and L.L. Strauss of Kuhn, Loeb & Co. The new firm

operated closely with Morgan Grenfell, Jardine Mathieson, and British and Western

Trading Co.

In 1950, Donovan listed World Commerce Corp. as the only firm in which

he held an interest. The president at that time was Frank T. Ryan, director John J.

Ryan, both of Bache & Co; other directors were Alfred DuPont, Russell Forgan,

Jocelyn Hambro, Joseph Grew and William Stephenson, who gave his address as

Plaza Hotel, N.Y. with residence in Jamaica, and listed himself as chairman of the

board of Caribbean Cement Co. and Bermuda Hotels Corp.

President Truman disliked the idea of a secret service, and dissolved OSS at

the end of the war. 1600 of its operatives went to the State Dept. Intelligence &

Research Bureau, others went to the Defense Dept. where Robert McNamara set

up the Defense Intelligence Agency in 1961. Truman set up the Office of Policy

Coordination in 1948, which by National Security Council directive 10/2 merged

into the CIA Jan. 4, 1951 with the Office of Special and Clandestine Services.

Although Truman had dissolved the OSS on Sept. 20, 1945, his 1948 directive

appointed three men to supervise the organization of a new intelligence agency,

Allen W. Dulles, of the Schroder Bank; William Harding Jackson, a Wall Street

lawyer who married into the Lyman family, became a lawyer with Cadwalder,

Wickersham and Taft, and later with Carter, Ledyard & Milburn (J.P. Morgan’s

attorneys). In Jan. 1944, Jackson had been named head of intelligence at American

Military Headquarters in London. He was chief of intelligence for Gen. Jacob

Devers, and later headed G-2 intelligence for Gen. Omar Bradley. He Became a

partner of J.H. Whitney Co. New York in 1947, served as deputy director of the

CIA 1950-51, and later was spec. asst. to Pres. Eisenhower for national security;

the third man on Truman’s team was Mathias F. Gorrea, also a Wall Street lawyer,

whose mother was of the Figueroa family; his father was head of real estate and

investments for the Brooklyn Diocese, and his brother was spec. asst. to the Atty

Gen of the U.S. 1946, general counsel ODM 1951-52, and vice-pres. RCA.

Truman later came to be deeply suspicious of the CIA. He told Merle Miller,

“Plain Speaking”, “Now, as nearly as I can make out, those fellows in the CIA

don’t just report on wars and the like, they go out and make their own.” Allen

Dulles placed a verse from the Bible (John 8:32) in the entrance to the CIA

building, “And ye shall know the truth, and the truth shall make you free.” Allen

W. Dulles was chief of the new agency; Frank Wisner was his deputy; it grew from

5000 to 15,000 personnel by 1955. In 1974, it had 16,500 agents and a $750 million

budget; in all, the National Security Agency had $6 billion to spend for


The CIA has often been called the Central Investment Agency, not only

because of the Wall Street backgrounds of Donovan, Dulles and many other

principals, but because of the many commercial operations in which it has engaged

(the CIA is always referred to, not by accident, by its insiders, as “the company”).

A great deal of stock trading is based upon inside CIA information, buying and

selling on the basis of secret intelligence gathered by the CIA all over the world.

The CIA has also spent billions to influence foreign elections, always for

candidates inimical to the interests of the people of the United States, but dedicated

to the program of the World Order. However, its principal influence has been

through its control of foundations and universities. The American people remain

blissfully unaware that their Constitutional government with its separated powers

of legislative, judicial and executive departments, has been entirely superseded by

the foundations, which generate basic policy for all three branches. Monetary

policy is generated by the Brookings Institution and implemented through the

Federal Reserve System independent of Congress, which has constitutional power

to regulate the monetary system. Social policies, originated by the Ford and

Rockefeller Foundations, are enacted into law by Congress and upheld against all

challenges by the Supreme Court. Foreign policy, a prerogative of the executive

branch, is entirely based on foundation “studies” and recommendations. Staffs of

all three departments are heavily infiltrated by foundation operatives. The CIA

functions as the coordinating agency between the foundations and the departments

of government. The Washington Post of Dec. 8, 1984 verified this with an obituary

of Don Harris, relating that he came to Washington in 1950 as an economist with

the Brookings Institution, then moved to the CIA as chief of the Far East and the

West Europe staffs for three years. He then joined the Defense Intelligence

Agency’s directorate of plans and policy, where he served until 1983.

McGeorge Bundy, in “The Dimensions of Diplomacy”, 1964, noted, “All

area study programs in American universities after the war were manned, directed

or stimulated by graduates of the OSS: there is a high measure of interpenetration

between universities with area programs and information gathering agencies of the

government of the U.S.” As head of the Ford Foundation, Bundy was in a position

to know about the interpenetration.

The Washington Post, April 21, 1984, noted that the CIA was funneling money

to many universities through Air Force intelligence grants or other “defense”

operations, including Duke, Stanford, Univ. of Texas and many others. The

chancellor of the University of Pittsburgh, Wesley Posvar, had received many Air

Force intelligence grants as a retired Air Force intelligence colonel, funnelled

through Maj. Gen. James F. Pfautz, head of Air Force intelligence. Posvar is a

member of the German Marshall Fund.

The CIA has spent millions to fund newspapers, magazines, and publishers

to promote the program of the World Order. Frederick A. Praeger Co. N.Y. an

“emigre” publishing firm, admitted in 1967 it had published “15 or 16” books for

the CIA. Many writers and journalists have been liberally subsidized by the CIA

with travel expenses, a villa in France or Switzerland, and other perks, to produce

propaganda for the CIA and its ulterior goals.

The National Review is considered the most influential CIA publication. It

consistently puffs Jean Kirkpatrick, Milton Friedman, and other cognoscenti of the

intelligence community and the Viennese School of Economics. The New York

Times, Dec. 8, 1984, noted the marriage of William Buckley’s son Christopher to

Lucy Gregg, daughter of 31 year CIA official, Donald Phinney Gregg, who is now

personal adviser on national security to Vice President Bush. Buckley founded the

National Review with Morrie Ryskind and George Sokolsky, funding the publication

with ample funds from the Central Investment Agency and its Wall Street

connections. Buckley’s only known employment was his stint with the CIA under

Howard Hunt at the CIA’s station in Mexico City, immediately after Buckley

graduated from Yale. Buckley became godfather to Hunt’s children. “En skids”

NSCIDS No. 7 gave the CIA power to question Americans in the U.S. about their

foreign travel and to make contracts with American universities. J. Edgar Hoover’s

influence gave rise to the National Security Act of 1947, which forbade the CIA to

exercise any internal security functions or police powers in the U.S. (FBI territory)

but Hoover lived to see the act continually flouted by the greater finances of the


On March 12, 1947, the Truman Doctrine was announced as America’s new

foreign policy. On June 5, 1947, the Marshall Plan was announced. Both

“doctrines” had originated in foundation studies subsidized by the CIA and were to

be implemented under close CIA supervision.

The “new” CIA continues its close ties with the Schroder Bank and other

linchpins of international intelligence. Allen Dulles, a director of J. Henry

Schroder, and lawyer for the bank as attorney with Sullivan and Cromwell, chose

Schroder to handle the vast disbursements of the CIA’s “discretionary fund”,

whose financial dealings remain cloaked in secrecy. Secretary of War Robert

Patterson was a director of Schroder, as was Harold Brown, Carter’s Secretary of

Defense. Paul H. Nitze, our chief arms negotiator, not only was a director of

Schroder, but married into the Pratt family of Standard Oil who donated their New

York mansion as the headquarters of the CFR.

John McCone, later director of the CIA, was partner of Bechtel-McCone,

giant war contractor financed by Schroder-Rockefeller Co. Richard Helms also a

director of CIA, is a consultant with Bechtel. Although from a family of modest

means, Helms was educated at the world’s most exclusive prep school, Le Rosey of

Switzerland, where he became a friend of the Shah of Iran. The Schroder-CIA

connection was revealed in a lawsuit in which documents were filed showing a

payment of $38,902 to Edwin Moore, on orders from Richard Helms.

Gordon Richardson was chairman of Schroder from 1963 to 1973, when he

was named Governor of the Bank of England, where he served for ten years.

Richardson, also a director of Lloyd’s Bank and Rolls Royce, maintained a New

York address on Sutton Place near Donovan’s residence.

The Cabot family of Boston, descended from Sebastian Cabot, who was an

early member of the World Order, has maintained a close relationship with the

CIA. The founder of the family, Giovanni Caboto of Genoa, became John Cabot

when he moved to England in 1448 under Henry 7th. His son Sebastian

accompanied him on his North American trip in 1497. Sebastian had been born in

Venice in 1476; he moved to England in 1551, was granted a pension and founded

the London Muscovy Company which developed overland routes across Europe to

Russia. Thomas D. Cabot, honorary chairman of Cabot Corp. was director of

Office of Inter-American affairs for the State Dept. 1951, president of United

Fruit, and set up Radio Swan on Swan Island for the CIA; he went on a special

mission to Egypt in 1953. His brother John was in the foreign service from 1926,

served as Consul Gen. Shanghi, ambassador to Pakistan, Finland and Colombia,

Brazil and Poland; he was U.S. delegate to Dumbarton Oaks in 1994, and was

secretary to the United Nations organization in San Francisco in 1945 under Alger

Hiss. Paul Cabot is director of J.P. Morgan Co., Ford, Continental Can, Goodrich,

and M.A. Hanna Co. Lord Harold Caccia is also a director of Cabot Corp. He

served on the Allied Control Commission in Italy 1943-94 as political advisor,

Ambassador to Austria 1951-54, Ambassador to U.S. 1956-61; he is also on the

board of Orion Bank, National Westminster Bank and Prudential Assurance. He is

chmn of Standard Telephone & Cable.

An earlier member of the Cabot family, George Cabot (1752-1823) owned

40 privateers and letters of marque in 1777-78, and became the first Secretary of

the Navy.

High level CIA plicy was regularly determined at secret meetings at Pratt

House, CFR headquarters in N.Y., as revealed by Vic Marchetti, in “Cult of

Intelligence”, he describes a top level meeting at Pratt House Jan. 8, 1965 at 5 pm,

chaired by C. Douglas Dillon, chmn of Dillon, Read. The main speaker was

Richard Bissell, director of CIA clendestine operations. This was the third meeting

at this address. William J. Barnds was secretary; his father was Episcopalian

Bishop of the Dallas Division. Present were Frank Altschul, partner of Lazard

Freres, who married into the Lehman Family. Altschul was chmn National

Planning Assn, director of Ford Foundation, China Institute in America, American

Institute of International Education, and vice pres. Woodrow Wilson Foundation;

Robert Amory, dep. dir CIA 1952-62, National Security planning Board 1953-61;

Meyer Bernstein; Col. Sidney Berry former military asst. to Secretary of Defense

1961-64, now deputy chief of personnel operations U.S. Army; Allen W. Dulles;

George S. Franklin Jr., lawyer with Davis Polk and Wardwell, asst. to Nelson

Rockefeller in 1940, intelligence Dept. State 1941-44, executive div. council on

Foreign Relations 1945-71, national secretary of the Trilateral Commission 1972,

member Atlantic Council, Ditchley Founation, American Council on United

Europe; Thomas L. Hughes, head of the Carnegie Endowment for International

Peace (Alger Hiss’ former post); Joseph Kraft, newspaper columnist Washington

Post, L.A. Times etc. Eugene Fubini, naturalised U.S. 1945, technical adviser U.S.

AF, Army and Navy on radio techniques, was with CBS 1938-42 with the Secretary

of Defense since 1961, National Security Agency since 1965, chmn Defense

Intelligence Agency, Harry Howe Ransom, Vanderbilt professor, Rockefeller

Foundation, Institute of Strategic Studies London; Theodore Sorensen, Pres.

Kennedy’s assistant 1957-61, now attorney with Paul Weiss and Rifkind; David B.

Sage, prof. Bennington, trustee Russell Sage fndtn and 20th century Fund. Bissell,

the principal speaker, had been educated at Groton, Yale and London School of

Economics, was economist with War Shipping Board 1942-45; Harriman

committee for President 1947-48, ECA 1948-51, Ford Foundation 1952-55, dep

dir. CIA 1954-64, consultant to Fortune, U.S. Steel, and Asiatic Petroleum.

CIA financial operations continually surface and are quickly forgotten. Jack

Anderson noted in a column July 30,1984 that two OSS pals in World War II, Joe

Rosenbaum, a venture capitalist, and William J. Casey, present head of the CIA had

been involved in a huge Mid East pipeline deal with former Secretary of the Navy

William J. Middendorf, now U.S. Ambassador to the Organization of American

States. Middendorf is a director of First American Bank of VA. which handles

many financial dealings for the CIA. Directors of First American are Eugene R.

Casey, Lt. Gen. Elwood Quesada, who married into the Pulitzer family, asst chief

of air on the General Staff, now director of the munitions firm Olin Industries;

Stuart Symington, who married into the Wadsworth family, was formerly Secretary

of the Air Force and Senator from Missouri, chairman of Emerson Electric, a

defense contractor; Lt. Gen James M. Gavin, director Guggenheim Foundation,

chairman of Arthur D. Little Co., (said to be a branch of CIA operations).

In “Spooks” Jim Hugan exposes another firm with CIA ties, Quantum

Corp., based at Rockefeller owned L’enfant Plaza in Washington which sold arms

to both sides in the Arab-Israeli conflict; chairman was Rosser Scott Reeves III,

heir to an ad fortune; his father sold Eisenhower like soap with a series of brilliant

TV ads. Reeves III married into the Squibb family, was with Lazard Freres from

1962-7, and Military Armaments Corp. 1972-4. III’s father was a limited partner of

Oppenheimer Co. Other members of Quantum were Mitch Werbell III, a CIA

operative who had the rank of General, U.S. Army; Edmund Lynch; Stewart

Mott; Lou Conein, A Union Corse operative known throughout Southeast Asia as

Black Luigi; Walter Pforzheimer, former aide to Allen Dulles; he kept two

apartments at Washington’s most expensive address Watergate; one was filled with

his documentation on intelligence activities; he was found murdered at Watergate;

and Paul Rothermeil, liaison between CIA and FBI who ws sent on a special

mission to H.L. Hunt’s headquarters in Dallas to destroy the Hunt Oil Co. After

millions of dollars vanished, and the Hunt Oil Co. was on the verge of bankruptcy,

the Hunts sued him, but were unable to prosecute because of “national security”.

The sinking of the USS Liberty, a government intelligence ship, by the

Israelis in the 1967 war exposed the close collaboration between the CIA and

Mossad, Israeli Military Intelligence. The CIA representative at the U.S. Embassy,

Tel Aviv, reported to the senior office CIA at McLean VA. June 7, 1967 that Israel

had decided to sink the U.S.S. Liberty. The CIA refused to warn the doomed

American sailors. With President Johnson in the White House at the time were

Mathilde and Arthur Krim, Johnson’s liaison with the Israeli Govt. Mathilde was a

former Irgun terrorist who had served on terrorist strikes with Menachem Begin,

who boasted he had introduced terrorism to the entire world.

Andrew Tull, in “The Super Spies”, reveals another CIA coverup. The

entire operational plan for the Soviet invasion of Czechoslovakia in July 1968 was

obtained by a German operative in May; he delivered the plans to Lt. Gen. Jos. F.

Carroll, dir. Defense Intelligence Agency in Berlin. Carroll outlined a plan to

“leak” this intelligence, which would force the Soviet Union to abandon the

operation. Ambassador to West Germany Henry Cabot Lodge was briefed on the

“leak”, but received direct orders from Washington to cancel it from Secretary of

Defense Clark Clifford. The World Order did not wish to interfere with the

planned invasion. The Soviet Union was aware of the discovery, and postponed

the invasion from July to August 21. During this period, they were assured by

Washington officials that the U.S. would not interfere. With this top level goahead,

the Red army’s conquest of Czechoslovakia was successfully implemented.

We have mentioned the CIA-Mossad connection of James Angleton. The

State of Israel was largely created by a Hungarian Jew named Tibor Rosenbaum,

who procured arms and money through his Swiss base for both the Haganah and

Stern gangs of terrorists, through his control of the International Credit Bank in

Switzerland. International Credit Bank was the foreign bank for Meyer Lansky’s

Mafia operations, and also handled Mossad’s European funds for secret

operations. Rosenbaum was the mastermind of Bernie Cornfield’s operation.

Cornfield’s successor at IOS, Robert Vesco, later fled to Central America with $224

million of IOS fund, and is now the partner of Fidel Castro in a huge drug

operation which netted $20 billion profit between 1980-84. Castro’s cut, $50

million, has been deposited in Swiss banks.

In 1965, the CIA correspondent in Africa was Michael King, partners with

Dr. Joseph Ghurba in Consultants Rersearch Associates, 509 Fifth Ave. N.Y. He

is now Meir Kahane, member of the Israel Knesset and head of the terrorist Jewish

Defense League. Part of their CIA duties was to mobilize campus riots against the

Vietnam War at Columbia and Adelphi College. King’s girl friend, Donna Evans,

fell or was thrown from the Queensborough Bridge in July, 1966.

Another important CIA figure was Robert Maheu, who was Liaison between

the CIA and J. Edgar Hoover of the FBI. Maheu later became head of Howard

Hughes “Las Vegas operations. His code name in the CIA was “Stockholder”.

In “OSS, the Secret History”, R. Harris Smith states that Ho Chi Minh had

made contact with OSS Col. Paul Helliwell at Kunming in World War II and was

recruited as an agent. Ho’s reports soon received top priority at OSS Headquarters

in Washington, and were placed directly on Gen. Donovan’s desk. Helliwell, who

later became consul for the Thai government in Miami, and Major Austin Glass, a

Socony Oil official, sent arms to Ho for his revolutionary struggle. Another early

Ho supporter from OSS was Lt. Tibaut de Saint Phalle, nephew of a prominent

Paris banker.

Journalist Robert Shaplen was later told that an official of Chase Manhattan

Bank was parachuted into Ho’s remote headquarters, where he found the guerilla

leader dying of malaria and dysentery. With only a few hours to live, he was saved

when an OSS medic Paul Hoagland, was flown in. He saved Ho’s life by

administering the new sulfa drugs and quinine. He later served at CIA

headquarters until the 1970’s, where he was always known as “the man who saved

Ho’s life”. After Ho was out of danger, a special OSS contingent, the Deer Team,

was sent to Ho’s headquarters in Nov. 1945. The members of this team were

unanimous in their denunciation of the French “imperialists”, the colonial

government. They boasted that it had been decided at the highest levels in

Washington that the French had to go. A prominent member of this team was

Capt. Nicholas Deak, a Hungarian, now president of Deak Pereira. He has

controlling interests in Swiss and Austrian banks, and operates currency exchanges

in the U.S. Canada and the Far East.

The French were dismayed to learn that their “American allies” were training

and arming Ho’s Viet Minh forces. Ho was informed that General Donovan

represented large economic interests (the World Commerce Corp.) which planned

to rebuild Vietnam’s railroads and highways, in exchange for “economic privileges”

in Indochina. In Oct. 1945, the OSS sponsored the “Vietnam Friendship

Association” headed by OSS Lt. Col. Carleton H. Swift. The OSS armed Ho Chi

Minh’s forces with the latest weapons, and gave intensive training in infiltration and

demolition to 200 selected men of General Giap’s Army. It was these men who

later led the attacks against American troops in the Vietnam War. The OSS

sponsorship of the Viet Min and other terrorist groups around the world led

Robert Welch to charge that “The OSS has thrown the weight of American

supplies, arms, money and prestige behind the Communist terrorist organizations

of Europe and Asia.” The Deer team claimed that Ho was a great statesman whose

nationalism transcended his Communist loyalties.

To supervise the developing political situation in southeast Asia, Donovan

was appointed Ambassador to Thailand by Secretary of State John Foster Dulles on

Aug. 12, 1953. Donovan’s assistant was William J. van den Heuvel. After his

return to the U.S. Donovan had a stroke in 1956. He kept to his apartment in

Sutton Place and rarely went to his law office. In 1957, another stroke left his brain

atrophied. He lingered for several years, finally going to Walter Reed Hospital,

where he died in Feb. 1959.

The OSS trained forces of Ho Chi Minh kept up a steady onslaught against

the French Colonial Government. John Foster Dulles, playing a double game, met

with Georges Bidault, and urged the French to make a stand. “We will provide

support,” he promised. When the French forces were surrounded at Dien Bien

Phu, Bidault, to explain his strategy, read Dulles’ commitment to the French

parliament. Dien Bein Phu collapsed after a 77 day siege, and the French

government was lost. Le Figaro claimed that the State Dept., the White House and

the Kremlin, had made a secret deal to partition French Indo China into U.S. and

Soviet zones, as had been done in Korea. Whatever agreement may have been

reached, it is a fact that the Soviet Army and Navy now have full use of the Billion

dollar Da Nang airport and the vast naval facilities built in Viet Nam by Lyndon B.

Johnson’s financial backers, Brown & Root.

One explanation of the fall of French Indo China was a behind the scenes

struggle to control the dope trade in Asia. Alfred McCoy points out that during

World War II, Lucky Luciano and Meyer Lansky secretly worked for the OSS.

Through their influence, the OSS became deeply involved in dope running. After

the war, Lansky moved the headquarters of the dope traffic to Miami, where Paul

Helliwell, OSS chief of special operations in Asia, was his front man. Helliwell also

operated a CIA front in Miami called Sea Supply, Inc.; one of his agents was

Howard Hunt. Helliwell later served as paymaster for CIA sponsorship of the Bay

of Pigs operation. He opened secret accounts for American mobsters in Miami

banks, working closely with Sandro Trafficante and Louis Chesler. Chesler handled

Meyer Lansky’s real estate investments.

The involvement of the Mob in dope running goes back to well before the

murder of Arnold Rothstein. Although Rothstein was widely known as a gambler,

this was a cover for his rise to eminence as Mr. Big of the U.S. drug trade. After he

was shot in 1928, Louis Lepke, head of Murder Inc., confiscated over $5 million

worth of heroin from Rothstein’s hotel room.

Former OSS Col. Paul Helliwell became head of the prestigious Miami law

firm, Helliwell, Melrose and DeWolf. His partner, Mary Jane Melrose, was attorney

for Resorts International, a Vesco-Lansky operation in which Nixon’s friend

Rebozo was said to have an interest. Helliwell opened the Castle Bank in the

Bahamas to launder drug payoffs for Thailand poppy growers. As Thai consul, his

Washington correspondent was Rowe and Cork, close advisors to President

Lyndon B. Johnson, and representatives of United Fruit (a Cabot-CIA connection),

Libby and other large firms. Helliwell was also attorney for General Development

Corp., Lansky’s real estate firm which was run for him by Louis Chesler. As

counsel for Miami Natl Bank, Helliwell laundered mob funds through Swiss banks.

One of his associates was Wallace Groves, who served several years for mail fraud.

Helliwell died one Christmas Eve, 64 years old, and had never been charged with a

crime. Protected by powerful friends in the Mob and the CIA he epitomized the

ties between organized crime, intelligence agencies and the national government, all

overseen, of course, by the World order.

Miami Natl Bank, which is now owned by Citibank was known for many

years to be controlled by Meyer Lansky. The bank financed the Outrigger Club,

which became a meeting place for Santos Trafficante Jr., Philadelphia mobster and

members of the Gambino family. Chase Natl Bank lost $20 million in this

operation, but chose not to make any complaint about it. Citibank was also deeply

involved with City Natl Bank of Miami, whose director Max Orovitz was a

longtime associate of Meyer Lansky. The president of City Natl, Donald Beazley,

had previously headed Australia’s Nugan Hand Bank, a CIA drug operation. Other

directors of City Natl included Polly de Hirsch Meyer, Robert M. Marlin, who

operated Marlin Capital Corp. and Viking General Corp.; among stockholders of

American Capital are Samuel Hallock DuPont Jr., and Paul Sternberg. Sternberg is

also on the board of City Natl. While Marlin controlled City Natl Bank, it picked up

the mortgage on the Miami Cricket Club, which was owned by Alvin Malnik,

widely reputed to be Lansky’s heir apparent. Another director of City Natl was

Sam Cohen, a Lansky associate who controlled Miami Natl Bank.

In 1973, a bank was established in Australia under the name of Nugan

Hand. Its principals were an Australian named Frank Nugan and an American,

Michael Hand, a former Green Beret and CIA operative in Asia. Bernie Houghton,

an undercover agent for U.S. Intelligence, who represented Nugan Hand in Saudi

Aarabia, has disappeared, whereabouts unknown. The attorney for Nugan Hand

Bank was Bill Colby, director of the CIA. Directors of Nugan Hand were Walter

McDonald, deputy director of the CIA, Guy Pauker, a CIA adviser, and Dale

Holmgren, who represented both the CIA and Nugan Hand Bank in Taipei. The

president of Nugan Hand Bank was Rear Adm Earl Buddv Yates, former chief of

strategy for U.S. operations in Asia. Also on the board were Edwin F. Black, a

retired general who had commanded U.S. troops in Thailand during the Vietnam

War, formerly an OSS operative in World War II and asst. army chief of staff in the

Pacific; he served as president of the Nugan Hand Bank branch in Hawaii; Edwin

Wilson, who is now in prison for arms deals; and Don Beazley, now of Miami.

Nugan Hand Bank expanded as Australasian and Pacific Holdings Ltd., a

front for Air America and other CIA “investments”. General Eric Cocke Jr., a

Washington public relations officer, was Nugan Hand’s Washington

representative. From the outset, the bank was actively engaged in the drug trade.

Lernoux says the bank controlled the $100 million “Mr. Asia” heroin syndicate

which arranged a number of contract murders. Hand boasted that Nugan Hand

Bank was paymaster for (:IA operations anywhere in the world. In Saudi Arabia,

Nugan Hand Bank handled the huge outlays of Bechtel Corp. in its billion dollar

operations. Bechtel employees were told they must bank with Nugan Hard. The

Manila office of Nugan Hand was run by Lt. Gen. Leroy J. Manor, who had been

Chief of Staff of U.S. forces in Asia. The CIA station chief at Bangkok, Red Jansen

represented Nugan Hand in Thailand. We may recall that Gen. Donovan, founder

of the OSS, had gone to Thailand in 1953 as U.S. Ambassador. Nugan Hand’s

important contacts with government officials, perhaps greased with handouts from

its huge drug operations, shielded it from investigation. In 1978, despite repeated

complaints about Nugan Hand’s international drug operations, the Australian

Federal Bureau of Narcotics refused to investigate. When increasing public

pressure was brought to bear on the Bureau to investigate Nugan Hand Bank, the

Bureau disbanded in 1979 ! It was controlled by the Australian Secret Intelligence

organization, which in turn was dominated by the CIA.

Inquiry Magazine revealed that while director of the CIA, William Colby

laundered many millions of dollars of CIA funds through Nugan Hand to support

political parties in Europe; the Christian Democratic Party in Italy was a principal

recipient of this largesse, but other political parties in Europe also received millions

of dollars. The World Order saw to it that funds were given only to those

politicians who would carry out their program. On August 15, 1984, the

Washington Post revealed that the CIA had dominated the San Salvador elections

by giving $960,000 to the Christian Democratic Party, and $437,000 to the National

Council Party, to prevent D’Aubuisson, a militant anti-communist, from being


Donald Beazley, a former Federal Reserve Bank examiner, was introduced

by Admiral Yates at a bankers’ meeting as “the finest young banker I know”.

Before the debacle of Nugan Hand Bank, Beazley was found to have transferred

$200,000 from Nugan Hand to his Florida bank account. He could not remember

what this transaction was for. An Australian Royal Commission proved that the

bank regularly transferred funds from Sydney to southeast Asia as payment for

heroin shipments to the U.S. West Coast via Australia. It was a regular conduit for

payments made by Santos Trafficante Jr., underworld boss and Florida based heir

to the Luciano drug empire.

Although exposure seemed imminent, Frank Nugan continued blithely with

his deals as a big spender. He was closing the deal for a $2.2 million country estate

for himself the day he was found shot through the head in Jan. 1980. He was in his

Mercedes on a country road. By his side was the rifle he supposedly shot himself

with, although in his last moments of life he apparently decided to wipe off all

fingerprints. Police investigators found none on the gun. The investigators also

decided that Nugan would have had to be a contortionist to shoot himself with the

rifle in his car. Donald Beazley went to Florida; his other associates, CIA

operatives Michael Hand and Bernie Houghton, disappeared. They have not been

seen since 1980.

For many years, the principal American intelligence agent in China was

Cornelius V. Starr. Born in 1892, he organized the Asia Life Insurance Co. in

Shanghai in 1919. He also owned the English language newspaper in China, the

Shanghai Evening Post, which gave him a dominant role in propaganda activities. He

was chairman of the board of U.S. Life Insurance Co. and other companies, as the

leading American businessman in China. He was also an OSS agent, and his

financial power in China gave the OSS and later the CIA their entree into drug

smuggling. After his death, his insurance companies were absorbed into the

American International Group.

The American “free press”, known to the cognoscenti as “the drug press”

because of Luce’s longstanding China connection, consistently portrays the source

of the world’s drugs as “The Golden Triangle”, an area of Laos, Thailand and

Burma. However, this is merely a staging area for the world’s drug trade. Review of

the News in 1970 indentified Red China as the world’s largest producer of opium, its

usual source of hard currency from non-communist nations. The refined opium

reaches the “free world”, that is “the cash world”, through Canton and Hong

Kong. It also includes heroin, which had been synthesized from opium in 1898 by

the Bayer Co., and became one of their most important products.

Red China’s mutterings about taking over Hong Kong when the present

lease expires in 1997 allows insiders of the World Order opportunity to increase

their fortunes in the volatile Hong Kong real estate market. Red China has to allow

the British to operate in this trading area to assure the supply of hard currency

from the drug trade. When the British took over this trading area in 1843, they

maintained control of the local population through the Triads, the Assassins, as the

Hong Society was known, also called the Honorable Society, and the Society of

Heaven, Earth and Man. Dan E. Mayers wrote in Fortune, Aug.6, 1984, “British

colonial rule in Hong Kong is not democracy. Britain rules by decree in all matters

of importance. Hong Kong Chinese don’t have democratic rights.”

Opium began as a cash crop in the poppy-fields of Asia Minor, particularly

in Turkey, where it is still an important crop today. In 1516, opium was the official

monopoly of the Great Mogul in Kuch Behar. When opium reached China, about

1729, Emperor Yung Chen prohibited its use. In 1757, with Clive’s great victory at

Plassy, the East India Co. took over the opium monopoly as part of its spoils from

the Indian Moguls. When the British promoted the use of East India’s opium in

China, as payment for raw materials needed by their Industrial Revolution (they

had been paying in silver), the Emperor Tao Kwang repeatedly warned them to

stop selling opium in his country. When these warnings were ignored, the

Emperor burned 20,291 chests of opium in 1830, a hoard valued at 2 million

pounds. This precipitated the British Opium Wars of 1839-42 and 1856-60.

Because the Communists were financed by the international bankers, the sale

and use of drugs have always played an important role in the forward march of

Communist hegemony. In 1928, the Chinese Red Army began planting large areas

of poppies in areas of China over which they had won control. By 1935, the Yuan

Headquarters ruled over vast field of poppies. In 1983, Red China had 9 million

acres of poppies under cultivation. The Peiping Government has 101 narcotics

factories in operation, which refine from 50% to 70% of the world’s drugs.

In 1977, Edward Jay Epstein revealed the true story behind Watergate.

Nixon’s Domestic Council was a group of aggressive young men trying to

outmaneuver each other with new programs. Gordon Liddy, trying to break into

this circle, conceived an ambitious program called operation Intercept. It was not a

surveillance program, but was designed to “intercept” the flow of drugs into the

U.S. Nixon in his 1968 campaign had promised to “move against the source of

drugs”. A special Presidential Task Force Relating to Narcotics, Marijuana and

Dangerous Drugs had been formed, but had taken no action. Liddy got Egil

Krogh, Nixon’s Presidential Deputy for Law Enforcement, to introduce the

program at a meeting of the Domestic Council. Richard Helms director of the

CIA, was among those present. The plan was officially approved by Erlichman in

July, 1970 as a major operation against the heroin traffic. There still was no real

program, merely a public relations ploy, but, senior staff people at CIA panicked.

They feared that their vast Asia operations, funded by their drug operations, could

be wiped out. Liddy, meeting with State and CIA officials, says, “I pressed CIA on

the problems of the Golden Triangle of Burma; Richard Helms replied ‘Any move

in that area would be impractical’.”

Liddy had set up ODESSA, Organisation Der Emerlingen Schutz Staffel

Angehorigen, which was ready to begin operations. The CIA resolved to

counterattack by setting up the Watergate operation, hoping to neutralize Nixon’s

staff. James McCord and other CIA operatives worked out of Mullen Co., a CIA

front across the street from CREEP Headquarters. The Watergate job was

scheduled for May 26, 1972, but these “highly trained” black baggers couldn’t get

in; they came back on May 27 with no success, but got in on May 28 and

photographed a number of documents in the Democratic offices. Then they were

told to return on June 16; by this time the entire setup was ready, and they were


Future historians will refer to the Vietnam War as “the drug war” akin to the

British Opium Wars of the nineteenth century. In 1964, the number of U.S.

addicts had dropped to 48,000 down to 60,000 in 1950. Then 15% of all American

soldiers in Vietnam returned home as addicts. The drug monopoly was back in

business. Two of the leading CIA operatives in Vietnam during that war are Mitch

Werbell from Powder, Ga., and Three Fingered Louie Conein, who wore a gold

decoration from Union Gorse, the Sicilian Mafia, around his neck.

After the collapse of the Nugan Hand Bank and the disappearance of its

principals, the CIA used the 17 international offices of a Honolulu investment firm,

Bishop, Baldwin, Rewald, Dillingham and Wong as its Asian network. The firm

handled some $10 billion in CIA covert funds, laundering huge sums for the

Gandhi family in India, and worked closely with Marcos’ right hand man in Manila,

Enrique Zobel, one of the ten wealthiest men in the world, who handled the

investment fund of the Sultan of Brunei. After $22 million disappeared, Rewald

was arrested. The resulting litigation is being handled by U.S. atty John Peyton,

former chief of litigation for the CIA in Washinton, from 1976-81.

CIA headquarters underwent a change after the arrival of a reputed KGB

defector. Yuri Nosenko had been sent to the U.S. to assure American intelligence

that Lee Oswald had no KGB connection, even though he had married the niece

of a KGB major. Nosenko’s story was “verified” by another defector, Fedora,

another double agent who had wormed his way into J. Edgar Hoover’s confidence;

both the FBI and the CIA now had a resident authority on Communist espionage

who had been identified as a double agent. The Nosenko caused the CIA staff to

split into two camps, pro-Nosenko and anti-Nosenko. William Colby, director of

the CIA, was in the pro-Nosenko camp, giving rise to rumors that he and James

Angleton were double agents, and that Colby had been recruited while serving in

Vietnam. Angleton was forced to resign.

CHAPTER SIX The Bechtel Complex

When President Eisenhower concluded his term, he warned the nation in a

parting message about the rapid growth of the "military industrial complex". The

American people did not know what he was talking about. As a military man,

Eisenhower had seen firsthand the growing political and economic power of two

giant construction firms, Brown & Root of Houston, Texas, and the Bechtel

Group of San Francisco. Brown & Root put its man in the White House, Lyndon

B. Johnson. The Bechtel Group has put its own man in the White House, Ronald

Reagan, whose presidential campaign in 1980 was run by George Pratt Shultz,

president of Bechtel, and Caspar Weinberger, vice president and general counsel of

Bechtel. They were appointed Secretary of State and Secretary of Defense. The

New York Times reports July 15, 1982, "Shultz is the fourth member of Bechtel

Group serving in Reagan's cabinet. Treasury Secretary Donald T. Regan was

chairman of Merrill Lynch, whose White Weld unit is investment advisor to the

Saudi Arabian Monetary Authority. Atty. Gen. William French Smith's California

law firm, Gibson, Dunn & Crutcher, has branch offices in Washington and Riyadh

(capital of Saudi Arabia) and represents the Saudi Ministry of Finance and National


On Dec. 5, 1980, the New York Times noted in a headline story, Business

Section, "Mr. Bechtel, a reclusive 55 year old engineer, informed his subordinates

that ‘we encourage and applaud the active participation of our employees in the

democratic process'. Bechtel, a privately held concern at work on 130 projects in 21

countries, all of them budgeted at more than $25 million, has for decades struggled

to keep a low profile and the affairs of its management private... Also working for

Bechtel as consultant are Richard Helms, the former Director of Central

Intelligence, and former Ambassador to Iran, and Frank Jungers, former Chmn of

Arabian American Oil Co. On the basis of its $6.9 billion revenues last year, the

company ranked as the third largest engineering and construction concern in the

U.S., after Brown & Root Inc. and the Fluor Corp. Bechtel's contracts are largely in

huge industrial and energy-related projects that Larry Thomas, a Bechtel

spokesman, refers to as ‘mega-Projects'. At present, the company is under a 25 year

contract for construction of a city for more than 3,000 people and an industrial

complex at Jubail, Saudi Arabia, and to engineer a hydroelectric project at James

Bay in Canada that would include a network of dams and earth-filled dikes large

enough to substitute for 10 conventional power plants. Bechtel is also the country's

leading builder of nuclear power plants."

Many Bechtel projects have been characterized as huge boondoggles. Many

nuclear power projects have either failed to come "online" or have been

abandoned, causing billion dollar writeoffs and shaky financial markets. Bechtel has

built such problem-plagued ventures as BART (Bay Area Rapid Transit System) in

San Francisco, METRO, the Washington D.C. subway system (the Washington

Post recently noted it was already $200 million in the red and will ultimately cost

$12 billion), and Jubail, called "the biggest boondoggle in history".

Time, July 12, 1982, wrote of Jubail, "Bechtel has spent $35 billion and plans

to spend $100 billion more. Bechtel's original contract had been for a modest $9

billion." Jubail is described as lying 324 miles northeast of the Saudi Arabian

capital, Riyadh, with 100 plus temperatures most of the year, a desolate area of salt

flats washed by the Persian Gulf. 1600 Bechtel employees live on the site in 3

bedroom ranch houses built for $300,000 each, directing the activities of 39,000

construction workers. Time says, "The infant city could wind up being and

enormously expensive ghost town, as marching dunes are expected to cover it by

the year 2000."

Christopher Reid, who worked for Bechtel, says "Jubail is a massive WPA

project, the biggest boondoggle in history." He predicts that the sands of the

Dahana Desert will shift and cover Jubail before the end of this century. Saudi

officials have stated they do not know who will live in Jubail, because of the hot

temperatures, the isolation of the area, and the desolate surroundings. Historically,

the dunes of the Dahana Desert shift massively every few years. Engineers expect

the Jubail area to be completely covered by the year 2000. Future archeologists will

be puzzled by this strange ruin, not realizing that the entire project resulted from

the huge oil price increases inflicted upon the American people, and pressures

compelling the Saudi Arabian leaders to return much of their profit to wealthy

entrepreneurs such as the Bechtel Group.

The New York Times reported July 26, 1982, "Pres. Reagan's special Middle

East envoy, Philip C. Habib, is also serving as a private consultant to Bechtel

Group, Inc. He had been hired by George P. Shultz while Shultz was president of

Bechtel. State Dept. spokesman Dean Fischer said Mr. Habib's retention by Bechtel

did not compromise U.S. diplomatic efforts in the Middle East. ‘It doesn't strike

me as a problem any more for Habib than it would be for Weinberger or Shultz,'

Mr. Fischer said. "Who's Who shows Philip C. Habib has been a career State Dept.

official since the 1950s, receiving a Rockefeller public service award in 1969, senior

adviser to the Sec. of State, 1979-80, resident fellow Hoover Institution from 1980

to present. Hoover Institution, Stanford, and the Bohemian Club are an

interlocking power structure dominating the Washington political scene.

On July 27, 1982, the New York Times noted further praise for Habib from

the White House and State Dept. Senator Alan Cranston and other luminaries. "A

spokesman for the Israeli lobby voiced confidence today in Pres. Reagan's Special

Envoy to the Middle East Philip C. Habib; Thomas A. Dine, executive director of

American Israel Political Action Committee, said he had the highest regard for

Ambassador Habib's integrity."

A letter to the Times July 27, 1982 from Gen. F.P. Henderson noted that

when Count Bernadotte raised support for Palestine refugees in 1948, the largest

contributors were Arabian American Oil Co. $200,000, and Bechtel International,

$100,000. (UN Records No. 11 A 648).

The revelation of Habib's connection with Bechtel alarmed some Israeli

leaders, because of Bechtel's contracts with the Arabs, and Sen. Larry Pressler, R.,

So. D. called for his resignation. The New York Times reported "British officials

offered no immediate reaction to the news of 'Habib's departure' nor would they

comment on his replacement by George Pratt Shultz, whose reputation as an

economist is well known here. Lord Carrington said. ‘Mr. Shultz is known to every

one, and I am sure they will work with him.' Israeli Foreign Ministry spokesman

said, ‘Israel deeply regrets the resignation. Israel respected Mr. Habib as an

outstanding statesman and faithful friend of the State of Israel !'." The Times failed

to get the comments of any Arabs about Mr. Habib.

On July 10, 1982, Shultz a member of the Standard Oil Pratts, was reported

by the New York Times to have promised he would "divest" himself of his Bechtel

holdings by putting them in a blind trust. Bechtel is a privately held company, 40%

of the stock held by the family, the rest by its executives, who sign an agreement

that when they leave the firm or die, the company has first option to repurchase

their stock, which option is always exercised. The New York Times reported Jan. 18,

1979, "Increasingly sensitive to accusations of secretiveness, the privately held

Bechtel group of companies took a new step in implementing a policy of disclosure

today when it issued for the first time something approaching an annual report.

Since all stock is held by top executives and members of the Bechtel family, this

took the form of a report to the 30,000 employees around the world rather than a

report to stockholders." The Times commented in 1982 that "Bechtel does not

disclose its earnings". Informed estimates are that Bechtel earned 5% net profit on

its $11.6 billion revenues in 1982. Stephen D. Bechtel Sr., now in his eighties, is

said to be worth $750 million. His son, Stephen Jr. now head of the firm, is said to

be worth $250 million. When his father dies, the younger Bechtel is expected to

become a billionaire.

Newsweek reported Dec. 29, 1975, "The Bechtel group of companies is

hardly a household word. As a privately held corporation, it has operated for 77

years behind a wall of secrecy that is considered unequally impenetrable in the

competitive world of heavy construction. Its revenues are estimated at $2 billion a

year, equal to General Mills or Standard Oil of Ohio. Bechtel got that way by

wheeling and dealing not only in private operations but with governments

themselves. The company is building a new 34 story building on Fremont St. in San

Francisco. The company, says one Federal energy official, is putting together a

modern version of a military industrial complex machine, and they have an inside

track on the growth market of the future. It will be called the new General Motors

before the century is out."

Bechtel began in 1898 when a Midwestern farm boy, Warren (Dad) Bechtel,

came to California to seek his fortune. He began with a mule team hauling dirt on

small construction projects. In 1918, with war prosperity, his income increased. His

first important project was building a railroad for Hutchinson Lumber Co. at

Orotillo, Cal. His three sons, Warren, Steve and Ken joined him in the growing

business. In 1928, he was elected president of Associated General Contractors of

America, a powerful lobbying group. In 1931, Dad Bechtel became president of Six

Companies, a consortium formed to build the $49 million Boulder Dam. It was

incorporated in Delaware in Feb. 1931 by H.J. Kaiser Sr. and Jr.; Felix Kahn of

MacDonald and Kahn; Henry W. Morrison of Morrison-Knudsen; W.A. Bechtel

Co.; J.F. Shea of Los Angeles, which built the Pacific Bridge at Portland, and

General Construction Co., Seattle. MacDonald and Kahn had built the Mark

Hopkins Hotel; Morrison was a trustee of Stanford and close friend of Herbert

Hoover and Leland Cutler.

Between 1931 and 1936, the consortium built the Bonneville Dam, the San

Francisco Bay Bridge, and other projects. During the construction of Hoover

(Boulder) Dam, a steel salesman, John McCone, called on Bechtel. He had been a

friend of Steve Bechtel at the Univ. of California in 1922. Steve was now head of

the firm, due to the mysterious death of Warren Bechtel in Moscow August 29,

1933. Dad Bechtel, 61, had come to Russia to inspect the Magnitogorsk Dam, on a

3 day tour which also included the Dnieperstroy Dam. He had been instructed by

the Soviet authorities to come alone, and he left his wife in Vienna. While staying at

the National Hotel in Moscow, before leaving on the tour, Dad Bechtel died

suddenly of "an overdose of medicine". There was no autopsy. Someone in the

Kremlin, perhaps Stalin, had changed his mind about allowing Bechtel to inspect

the dam.

Stephen Bechtel found a ready ally in the aggressive business acumen of

John McCone. They formed a separate company, Bechtel-McCone, in the nick of

time before World War II broke out. In Dec. 1940, they got an order of $210

million for sixty British freighters, to be built in alliance with Admiral Vickery of

Bath Iron Works. McCone and partners later made 844 million profit on Liberty

ships built at their Sausalito plant. They also owned California Shipbuilding, a Los

Angeles yard which turned out 967 ships during the war, as well as Marinship, the

Oregon Shipbuilding Co. They owned Joshua Hendy Corp. an ironmonger which

built the engines for Liberty ships. By Sept., 1943, they had more than $3 billion in

shipbuilding orders. The crews of Liberty ships made wry jokes about the

propensity of these hastily flung together productions to break in two during high

seas. Many of them were torpedoed before they could fall apart. Time noted that

"Marinship turned out 460 freighters and 90 tankers at breakneck speed."

The partners also built the colossal Army modification center at Birmingham

Ala. to handle the B-29 output from Willow Run; they built the Alaskan Military

Highway, and other projects. During this defense activity, Bechtel and McCone

prudently remained in the background, allowing their proteges, the Kaisers, to be

publicized as the important figures. Fortune pointed out that Kaiser was never

more than a standin for Bechtel. Kaiser, after having been snubbed by AGC,

became president of Associated General Contractors after the Bechtels

recommended him. At the end of World War II, Bechtel Group held 20% of

Kaiser Permanente Metals, which owned Richmond Shipbuilding, the Kaiser firm.

The youngest son, Ken Bechtel, ran the Marin Shipyard.

Bechtel's rush program of building Liberty ships considerably antedated

Pearl Harbor. Roosevelt (Dr. Win the War) issued his emergency shipbuilding

order in January 1941; by Sept. 27, the first Liberty ships were being launched.

FDR, as Asst. Sec. of the Navy in 1916, had done the same thing, awarding Navy

contracts long before we entered World War I. "Preparedness". The Bechtel-

McCone alliance, being short of capital, invented the ingenious "cost-plus" contract

arrangement. Under this generous stipulation, the government guaranteed war

contractors all costs of production, plus a guaranteed 10% profit. The more the

contractor spent, the greater his profit. It was the greatest boondoggle for the

fortunate few since the Federal Reserve System started printing paper money with

no backing except paper bonds.

The free-flowing profits led to an inevitable intelligence connection. John

McCone became president of the Air Pollution Committee in 1947, and in 1948,

became deputy Secretary of Defense. Ralph Casey of the General Accounting

Office later testified that while holding this office, McCone gave contracts to

Standard Oil and Kasier, firms in which he had large investments. McCone went on

to become Under Secretary of the Air Force 1950-51, Chairman of the Atomic

Energy Commission 1958-60, and Director of the Central Intelligence Agency

1961-65, resulting in a close connection between Bechtel and the CIA. While

McCone served as chairman of the Atomic Energy Commission, Bechtel became

the largest contractor of nuclear plants in the world. Bechtel completed the world's

first nuclear plant at Ara, Idaho in 1951. McCone later became a director of Pacific

Mutual Life, Standard Oil of California, and ITT.

The Bechtels were now counted among the most influential wheeler-dealers

in Washington. Stephen Sr. and Jr. and John McCone were key members of the

small group of millionaires who regularly played golf with President Eisenhower

and Arthur Godfrey at the mecca of all lobbyists, Washington's Burning Tree

Country Club. When George Pratt Shultz became a Washington official, he

regularly played golf with Stephen Bechtel Jr. at Burning Tree, which led to his

being named president of Bechtel Group.

The Bechtels had come a long way from the anxious days of 1931, when a

small sand and gravel contractor was asked to put up $8 million working capital for

the Boulder Dam job. They did manage to come up with $5 million, financed by

the Schroder-Rockefeller group. Their later success has been due principally to

their connection with the international financiers.

Bechtel had been rescued in its time of need by J. Henry Schroder and Avery

Rockefeller. John Lowery Simpson, vice president of J. Henry Schroder, was placed

on Bethtel's board as chairman of its finance committee, in total charge of the

company's financial arrangements. Huge government contracts followed this

connection as naturally as night follows day.

The New York Times announced the debut of Schroder-Rockefeller on July

9, 1936, with Avery Rockefeller, son of Percy, and godson of William, allied in a

new holding company. Avery's grandfather was James Stillman, who built the

National City Bank to a giant concern. Avery Rockefeller held 42% of the stock in

Schroder-Rockefeller; Baron Bruno von Schroder of London and Baron Kurt von

ScFtroder of Cologne (who was Hitler's personal banker) held 47%.

On June 3, 1954, the New York Times announced that Stephen Bechtel,

chmn of Bechtel Corp. had become partner of J.P. Morgan Co. In 1955, Fortune

reported that as Under Secretary of State, C. Douglas Dillon had arranged

important contracts for Bechtel with the Saudi Arabian government, culminating in

the present $135 billion Jubail operation.

Allen Dulles, director of the CIA, was also a director of Schroder Co. The

vice president of Bechtel, Saudi Arabian operations, C. Stribling Snodgrass, also ran

a CIA firm called LSG Associates. Bechtel built the 1100 mile long Trans Arabia

Pipeline for $100 million, the largest contract let to that time. A worldwide

construction firm, with entree to many countries, can also be a conduit for

intelligence agents. In 1980, Bechtel was building apartments in Saudi Arabia, a

hydropower complex in Quebec, a coal fueled power project in Utah, an oil

refinery in Indonesia, a $500 million tourist resort in Malaysia, a copper and gold

mine in Paint, New Guinea, and a $250 million palace for the Sultan of Brunei. It

was an ideal operation for the CIA, even without the ubiquitous Schroder


Bechtel was awarded the billion dollar contract for cleaning up the situation

at Three Mile Island. In 1979, about halt of its business derived from nuclear power

activity, despite many complaints about its faulty construction in this field. Bechtel

made a $14 million settlement of complaints from Consumers Power Co. that the

Palisades nuclear plant leaked radioactive water into the steam generating system.

At Bechtel's Midland, Mich. nuclear power station, the reinforcing bar joints were

found to be defective. Bechtel settled out of court with Portland General Electric,

which had charged Bechtel with "negligent design" in its Trojan nuclear power

plant at Rainier, Oregan. Nevertheless, when Brown & Root was removed from

construction at South Texas Nuclear Project, Bechtel took over. A commentator

noted at that time, "Bechtel is politically untouchable. So anybody who gets Bechtel

on its side is assured of protection."

In January, 1975, Fortune pointed out that Bechtel had never been in the red

for a single year, because "Its engineering projects are invariably financed by its

clients." These clients are usually governments, a lesson which may have been

learned from the Rothschilds. The Export Import Bank frequently steps in and

offers to finance the huge projects proposed by Bechtel. The American taxpayer

finances many Bechtel projects through the World Bank and the International

Monetary Fund. It could be said that every American has a stake in Bechtel. The

president of Export Import Bank, William H. Draper III, resides at Palo Alto,

California home address of the Hoover Institution and Hewlett-Packard Co., and

Stanford University, the present headquarters of the Reagan-Bechtel complex.

Draper's father, William H. Draper Jr. began his career with National City Bank in

1919, went to Bankers Trust as treasurer, and joined Dillon Read in 1927, later

becoming president. In 1940 he was named Presidential Adviser ,on Selective

Service. In 1944, he was in charge of contract termination for the War Dept. From

1945 to 1946, he was dictator of Germany's economy, chief of the economic

division of the Four Power Economic Directorate, Allied Military Government. He

formulated the Draper Plan to revive German industry. In 1947, he was military

adviser to the Secretary of State at the Moscow Conference. James V. Forrestal, his

partner at Dillon, Read, named him Under Secretary of the Army in 1947. From

1997 to 1949, Draper directed the occupation of Japan, as MacArthur's superior.

He allowed MacArthur to be portrayed as the absolute ruler of Japan, but Draper

issued all the directives. In 1952 and 1953, Draper was U.S. representative to

NATO with the rank of Ambassador. He then became chmn of Combustion

Engineering Systems Worldwide, a $3.15 billion company. He was also director of

the George Putnam Fund of Boston which handles Harvard's hugh endowment,

Freeport Minerals, Chubb Corp. and Chase International Investment. He later

became chmn of Planned Parenthood, consultant to the UN Fund for Population

Control, and author of the Draper Plan for population control.

Bechtel now has a fulltime Washington Lobbyist, Parker Hart; a foundation,

incorporated in 1953 with $7 million (the Bechtel Foundation has been called a

"rightwing foundation" by Mother Jones, although it seems to have no particular

loyalties). Stephen Jr. also has a foundation with; $2 million assets. Shultz is

president of these foundations.

Time, Oct. 4, 1954 noted that "Stephen Bechtel went to Korea for the

American-Korea Foundation. While there, he paid a courtesy call on Coordinator

C. Tyler Wood of the Foreign Operations Administration; Wood persuaded

Bechtel to build three thermonuclear plants in Korea for $34 million, the largest

FOA contract ever issued in Korea." Even when occupied with good works, bread

cast upon the waters is returned.

On April 2, 1974, the Washington Post reviewed a Mother Jones article which

stated that a Bechtel representative, Yoon Sik Cho, a Korean-American with

connections reaching to the Korean Presidency, had bribed Korean officials to win

four separate billion dollar projects between 1978 and 1980. The Post said, "The

FBI, Justice Dept. and IRS are investigating allegations that the Bechtel Corp., a

large San Francisco conglomerate, used a paid consultant to bribe South Korean

officials between 1978 and 1980 to obtain nuclear power plant construction

projects in violation of the 1977 Corrupt Practices Act, sources said yesterday."

Although the Post sent millions investigating Watergate, it was content to rely on

Mother Jones' slender resources for this investigation. The Post continued, "The

magazines quoted an FBI informant as saying ‘it was common knowledge among

lawyers at Bechtel that anyone who didn't keep Weinberger informed would be on

the street the next day". The article cited a source close to Weinberger as saying

"Cap only wanted to know what it was safe to know." The article also pointed out

that Shultz was the executive sponsor for internal auditing during the time in

question. It said two audits were cancelled at Bechtel in 1980 ‘at the insistence of

Cho; those audits would have revealed the large undocumented cash advances

being paid to Cho'." At the time of the bribery, Secretary of State Shultz was

president of Bechtel, and Secretary of Defense Weinberger was vice president and

general counsel of Bechtel. In the ensuing months, the Post and the FBI have been

content to ignore the matter, four billion dollar contracts being "small change" in


Newsweek noted July 12, 1982 that Kenneth Davis, vice president of Bechtel

in charge of nuclear plant construction since 1979, had joined Reagan's

administration as deputy secretary of Energy involving nuclear production,

becoming the fifth member of Bechtel to join Reagan's team. Most reporters would

be up in arms if five executives of General Motors joined a White House team.

Like most family concerns, Bechtel has a paternal attitude towards its employees.

Fortune noted it paid 100% bonuses in good years. Newsweek quoted a former

employee, March 18, 1968, "They are all robots there. They tend to pigeonhole you

for years and years." Fortune noted that Stephen Bechtel Sr. had stepped down as

head of the firm in 1961 at the age of 60, turning the presidency over to Stephen Jr.

"Steve, Ken, and Jr. own one-half of the shares of the common stock, and most of

the preferred. The corporation has first option on stock when one leaves or dies."

Fortune usually writes about Bechtel with reverence, but did mention "occasionally

dissatisfied customers" and bravely concluded, "A world like that can hardly do

without a company like Bechtel."

In April, 1968, Bechtel dedicated a new bronze 23 story building in San

Francisco. The Feb., 1951 Fortune had run a full page color portrait of Stephen

Bechtel Sr., citing some of the firm's recent achievements, a 506 mile pipeline for

Pacific Gas & Electric, a $25 million plant for Lever in Los Angeles, and others. In

Nov. 1952, Bechtel proposed a 2500 mile pipeline from the Arctic to Paris,

promising to deliver oil at 25¢ per 1000 cu ft, much cheaper than coal. Nothing

came of this proposal, but Bechtel, after acquiring Peabody Coal Co. the nation's

largest, in a consortium with Newmont Mining for $1.2 billion Bechtel joined with

Lehman Bros. Energy Transport System to build 70% of the world's coal slurry

lines. Peabody had been founded by Francis Stuyvesant Peabody, of the famed

philanthropic family which originated the American foundation network to control

the American people.

Bechtel now began frenetic lobbying to build coal slurry lines. An intensive

campaign in Virginia failed in 1983, because of the countervailing power of the

Norfolk & Western Railroad, 40% of whose revenues come from hauling coal. The

legislators were bemused by the amount of money spent on the coal slurry bill, but

never knew it was a Bechtel lobbying operation. Steven D. White, president of

Bechtel Investments, said in a letter to Forbes, April 9, 1984, "Bechtel remains

strongly committed to the concept of coal slurry pipelines and in particular to the

ETSI coal slurry pipeline." In 1982, Bechtel offered to build a coal slurry line in

Russia, but perhaps because of its well known CIA connection, the offer was

ignored. The UPI reported from Houston Aug. 2, 1984 that a $3 billion proposal

for a slurry line from Wyoming to the Gulf Coast had been defeated.

Michael Berryhill noted in Harpers, Dec. 1983, that Dallas was planning an

$8.3 billion rail network. "The Bechtel Corp., the huge and secretive San Francisco

firm with strong ties to the Republican Party, prepared the feasibility study, and will

probably get the design contract." Bechtel is also planning a $5 billion convention

center in Hoffman Estates, III., near Chicago and other huge projects. Bechtel

frequently remains behind the scenes in its major projects. The proposed MX

missile plan was headline news for weeks, but not a single journalist bothered to

find out that the MX proposal had been drawn up by a presidential commission

composed of John McCone, Richard Helms, and Nicholas Brady, former Senator

from New Jersey and now chairman of Dillon Read -- loyal Bechtelites, one and all.

Mother Jones pointed out in June 1984 that Stephen Bechtel Sr. was on the

advisory committee of the Export Import Bank, which finances many Bechtel

projects, and that Bechtel Corp. created a new position for John Moore, president

of EX IM Bank, as "executive vice president for financial services", which he had

no doubt rendered. Mother Jones continued, "Never before has a corporation been

so visibly linked to the presidency. It has had close ties with every chief of state

since Eisenhower. Bechtel contributed heavily to Reagan's campaign in 1980. Peter

Flanigan of Dillon Read played a key role. Shultz and Weinberger endorsed Reagan

in the spring of 1980, joined by Walter Wriston of Citibank, who is on the Bechtel

board of counselors, and Robert Quenon, president of Peabody Coal Co. Kenneth

Davis, a Bechtel vice president, is No. 2 in the Dept. of Energy. Casey (CIA)

represented Pertomina, the giant oil company of Indonesia which has been a good

customer of Bechtel."

When any business places this many men in a President's office, it is no

longer a matter of "influence"; it is a matter of control. A Reagan panel of business

leaders, including Stephen Bechtel Jr. recently recommended that the nation must

spend $3.5 billion a year to rebuild its "infrastructure", roads, subways, bridges etc.

Bechtel could expect to get a large share of this business. The Prime Minister of

Canada, John Turner, was director of Canadian Bechtel.

CHAPTER SEVEN The Foundations

The World Order controls the citizens of the United States through the

tax exempt foundations. These foundations create and implement

government policy through their staff members in key positions in the

executive, legislative and judiciary departments. The foundations create

educational policy through their staff members in key positions at every level

of the educational system. The foundations control religious doctrine through

their staff members in key positions in the leading religious denominations.

“Foundation” is a misleading term; Webster calls it an endowment, but

a foundation is really a trust, which Roget states is a “syndicate”. If, instead of

Rockefeller Foundation, we were to say Rockefeller Syndicate, we would be

much closer to the truth. Alpheus T. Mason, in his biography of justice

Brandeis, quotes Brandeis as pointing out that “Socialism has been developed

largely by the power of individual trusts.” What we have then, are criminal

syndicates masquerading as philanthropic enterprises while they inflict

Socialist world slavery on nations and peoples for the benefit of the World


Norman Dodd, director of research for the Reece Committee in its

attempt to investigate tax exempt foundations, was asked by Congressman B.

Carroll Reece in January, 1954, “Do you accept the premise that the United

States is the victim of a conspiracy ?” “Yes,” said Dodd. “Then,” said

Congressman Reece, “you must conduct the investigation on that basis.” B.E.

Hutchinson, chairman of Chrysler Corp., although approving the goals of the

investigation, warned Dodd, “If you proceed as you have outlined, you will be


Dodd stated, “The foundation world is a coordinated, well-directed

system, the purpose of which is to ensure that the wealth of our country shall

be used to divorce it from the ideas which brought it into being. The

foundations are the biggest single influence in collectivism.”

The 1975 Report of the Rockefeller Foundation showed a $100,000

grant to the Institute for World Order, operated by Prof. Saul Mendlovitz,

who states in the Institute publication Transition, Oct. 1974,

“I am arguing for a new governance or alternative institutions to

those now responsible for global concert; people will be

demanding a central guidance system; it means a governance is

about to come into being in which the policy elites in various

nation states who have the authority and capacity to make

decisions – will no longer have that as their prerogative. There

will be a governance that will say – you can’t build an army

anymore. You must give a certain amount of your economic

income to other areas of the world.”

In short, a World Order – no national armies; no private incomes; no

individual freedom. Ironically, all this is being financed by those who created

wealth by the exercise of individual freedom in the United States.

Mendlovitz does not use the word “government”, which might imply a

government by the consent of the people, as in the United States. He uses

“governance”, the imperial form, meaning a dictatorial decree. Every act of

the foundation-syndicates, and of their masters in the World Order, is

intended to implement a ruthless type of Oriental despotism. As is traditional

in this type of despotism, the most efficient palace servants are eunuchs.

Eunuchs work for little or no pay, because they do not have the expense of

rearing families. In the foundation world, we find the eunuch as the

predominant type of official. The eunuchs move in and out of the

foundations into prominent posts in government, education and religion.

Although they may marry and have children, pyschologically they remain

eunuchs, those who have forsworn their manhood to become palace servants

of the World Order. Columnist Jeffrey Hart recently commented on this

type, referring to Mondale’s selection of Geraldine Ferraro as his vice

presidential nominee, “Mondale should have chosen a man, in order to

balance the ticket.”

We well may ask, if the World Order is in control, why do we need an

“Institute for World Order” Why do we need the foundations as Gauleiters of

the Order’s control ? The answer is that the World Order rules because it

conceals its power; it denies that it exists. Although its power is obvious

everywhere, in the government, in education, in the religious orders, in the

wars and revolutions and famines which are so meticulously planned and

executed, the World Order, like the Mafia, refuses to acknowledge its own

existence. Its subsidiaries come and go, but the Order remains constant.

When too many people discover the Council on Foreign Relations, power is

moved into the Bilderbergers, or the Trilateral Commission. The Order’s

control remains constant.

The New York Times noted April 29, 1984 that 1400 officials were

attending the annual meeting of the Council on Foundations. There were

21,697 foundations in the U.S., which in 1983 distributed $3.4 billion in

grants. These grants are dispensed only to those who implement the program

of the World Order, and whose goal is world slavery.

The international banking families, whose origins go back to the Middle

Ages, set up the principal American foundations to protect the wealth they

had amassed in their dealings in slaves, drugs and gold, and to perpetuate that

wealth through means which can only be described as “imperial decrees”,

government charters, in order to neutralize all potential rivals or opposition by

controlling them and directing or misdirecting their opposition.

None of the charters of the foundations indicate their real purpose.

They are replete with such phrases as “the well-being of mankind” “the

elimination of poverty”, the “elimination of disease, “the promotion of world

brotherhood”. Compassion, caring, charity, these are the watchwords of the

foundations. There is no hint to the unwary of the despotic instincts which

drive these “caring” people to promote world wars and world slavery, nor is

there any warning to the menials of the foundations that if they falter at any

time in their dedication to the goals of the World Order, the penalty is sudden


Many eunuchs who became a liability to the World Order have been

eliminated without mercy. When Hiss, White and others faced Congressional

investigation, many of their acquaintances became casualties. A lawyer named

Marvin Smith, a close friend of Hiss, fell out of a window. Laurence Duggan,

an intimate of both Hiss and White, was slated to testify when he fell out of a

twelfth story window. Duggan was an official of the Institute of International

Education, of which his father was founder and president, but these family

ties offered him no protection. In his haste to get to the window, he tore off

one shoe, and left his office in a shambles as he fought his way across it. The

verdict was “suicide”. The Canadian diplomat, Herbert Norman, and the

Harvard Professor F.O. Matthiesen, also went out the window before they

could be made to testify about their associations. The phenomena became so

common that it gave rise to a new term “defenestration”, meaning the

avoidance of testimony, and a suitable warning to others who might think of


We have read ad nauseam about men of great wealth who, after careers

of astounding ruthlessness while amassing their fortunes, suddenly underwent

a profound conversion, like Paul, and became men of goodwill. It is true that

the “benefactions” of the Carnegies and the Rockefellers are the most potent

influences in American life today.

They collect ever higher taxes, increase the control of government over

every aspect of human life, and plan more wars and revolutions to further

their goals. From the outset, American foundations have exhibited a twofold

image – in front is the tireless do-gooder who balks at nothing if it serves a

good cause. Behind him are the evil conspirators who are intent on

preserving and increasing their wealth and power. The foundation in its

present form, originated in the concept of a Boston family, the Peabodys.

Henry James in his novel “The Bostonians”, ridiculed a family friend,

Elizabeth Peabody, for her fifty years of relentless humanitarian zeal,

portraying her as the legendary Miss Birdseye. George Peabody, after slave

trading operations in Washington and Baltimore, moved to London, where he

was set up as a front by the Rothschild family. He amassed a fortune by

buying up depressed stock in American panics, and chose a Boston trader,

Junius Morgan, to carry on his business. In 1865, Peabody set up the first

large-scale American foundation, the Peabody Educational Fund, endowing it

with $1 million in government bonds. By 1867, this had grown to $2 million;

by 1869, $3.6 million. Ostensibly set up to educate Southern Negroes after

the Civil War, it was a key operation in the carpetbagger strategy to gain

control of Southern lands and to control their state governments. These

states had to borrow heavily from Wall Street bankers to rebuild their services,

and they remained deeply in debt for the next century.

Because of its international connections, the Peabody Fund attracted a

stellar board of directors. Gen. Ulysses Grant served on its board for

eighteen years; Grover Cleveland served fourteen years; McKinley two years;

Theodore Roosevelt thirteen years. J.P. Morgan served on the board for 28

vears and never missed a meeting. His partner, Anthony Drexel, served 12

years. A fund with similar goals was the John F. Slater Fund for the

Education of Freedmen, established by John F. Slater (1815-1884) a wealthy

Northern textile manufacturer. Set up with $1 million, by 1882, it had grown

to $4 million. The three original trustees were President Rutherford B. Haves,

Daniel Coit Gilman, and Morris K. Jesup, treasurer.

When John D. Rockefeller discovered that the foundations offered the

road to world power, the Peabody Fund proved to be his model. He and his

“Director of Charity”, Fredrick T. Gates, set up the Southern Educational

Board, which merged with the Peabody and Slater Funds. They later set up

the General Education Board which absorbed its three predecessors. Its

charter stated that its purpose was “the promotion of education within the

USA without distinctions of race, creed or sex”. Its goals were racial

amalgamation and the abolition of distinctions between the sexes. Its

incorporators included its first president, William H. Baldwin Jr., pres. Long

Island Railroad, formerly with Union Pacific, the Harriman-Schiff operation;

Frederick T. Gates, Rockefeller’s righthand man; Daniel Coit Gilman, vice

pres. Peabody Fund and the Slater Fund, president Univ. of California 1872-

75, president John Hopkins Univ. 1875-1901, and first president of the

Carnegie Institute. Gilman was an original incorporator of the Russell Sage

Foundation and the Carnegie Institute. The fact that one man was an

incorporator of the three most influential foundations in America shows how

centralized the control of these supposedly autonomous foundations has

always been by a few ruthless individuals. Gilman is usually listed as a charter

member of the World Order, because he, together with Andrew Dickson

White and Timothy Dwight, set up the Russell Trust at Yale in 1856, to

finance the Skull and Bones organization, whose members are the leading

front men in America. W. Averell Harriman, Vice President George Bush,

and propagandist William Buckley of the National Review are typical members.

Norman Dodd, also a Yale man, said, “It was well-known on campus that if

you were tapped for Bones you would never have to worry about success in

later life.”

Of the three founders of this order, Dwight became president of Yale;

White, son of a railroad millionaire, was said by the New York Times to have

inherited enough money to make him free from care for life; he became the

first president of Cornell University, and gave the institution $300,000 to set

up its School of Government; he became the first president of the American

Historical Assn, and was U.S. Ambassador to Russia 1892-94, and

Ambassador to Germany 1897-1902. His final legacy was to advise Herbert

Hoover to set up the Hoover Institution. However, it is with the third

founder, Daniel Coit Gilman, with whom we are most concerned. Gilman

trained John Dewey in collectivist theories of education at Johns Hopkins

University. Dewey went on to head the University of Chicago School of

Education, and later Teachers College at Columbia University, two of the

leading Fabian Socialist schools in the world. Gilman, through his protege,

Dewey, has dominated American education throughout the twentieth

century. Gilman also trained Richard Ely at the Johns Hopkins dept. of

economics. Ely later taught Woodrow Wilson, whom he describes as

“unusual, brilliant”. Thus Gilman’s influence extended through Ely to

Woodrow Wilson, who gave us the Federal Reserve System, the income tax,

and the First World War.

Although American, the three founders of this order were educated at

the University of Berlin, where they were indoctrinated in the Hegelian

philosophy of determinism. This philosophy of education and government

teaches that everyone can be controlled and must be controlled in order to

achieve predetermined goals. It is the philosophy of Oriental despotism

transferred to Europe and adapted to the greater individuality of the

European peoples, from whom most Americans are descended. As founder

Frederick T. Gates wrote in the General Education Board Occasional Paper

No. 1: “In our dreams we have limitless resources and the people yield

themselves with perfect docility to our moulding hands. The present

educational conventions fade from our minds, and, unhampered by tradition,

we work our own good will upon a grateful and responsive rural folk.”

The members of the World Order regard everyone as a peasant; they

have only contempt for those who are too naive to see that they are being

robbed, tricked and enslaved.

Other original directors of General Education Board included Morris

K. Jesup, a banker who had been treasurer of the Peabody and Slater Funds.

He was a director of Western Union, a Kuhn Loeb controlled company,

Metropolitan Trust, and Atlantic Mutual Insurance; Robert C. Ogden of John

Wanamker Co., who served as president of Southern Educational Board,

Tuskegee Institute, Union Theological Seminary, and Hampton Institute;

Walter Hines Page, who as Ambassador to Britain helped involve us in World

War I; Sir Roderick Jones, chief of Reuters News Agency at its historic

address, 24 Old Jewry, London, relates a bit of history in his autobiography,

“A Life in Reuters,” a luncheon given by him for Gen. Smuts, Sir Starr

Jameson, and Dr. Walter Hines Page (all three of whom had Rothschild


“We dined in a private room at the Windham Club, the one in

which twenty years later the terms of the abdication of King

Edward VII were settled. We drifted on to the question of the

U.S. entering the war, for which Britain and France so patiently

waited. Dr. Page then revealed to us, under seal of secrecy, that

he had received from the President that afternoon, a personal

communication upon the strength of which he could affirm that,

at last, the die was cast. Consequently, it was not without

emotion that he found himself able to assure us that the U.S.

would be at war with the Central Powers inside a week from that

date. The Ambassador’s assurance was correct to the day. We

dined on Friday, March 30. On April 2 President Wilson asked

Congress to declare a State of War with Germany. On April 6,

the U.S. was at war.”

Can anyone fail to make a connection between the director of a “charity”

designed to control the education of every citizen of the U.S., and its director

who conspired to involve us in a world war ?

Another incorporator of General Education Board was George Foster

Peabody, a member of the family which had set up the Peabody Fund. He

married Katrina Trask, relict of Spencer Trask, a wealthy stockbroker who

specialized in railroad issues. Their estate, Yaddo, a magnificent upstate

mansion, was left as a foundation to provide writers and artists a place to

work. The grantees, one need not add, have been unanimously and

relentlessly “liberal” in their philosophy and work, although they have

regrettably failed to produce any significant contributions to American art or

literature. Spencer Trask had been killed when someone shunted a freight

train onto the line carrying his sumptuous private car. George Foster

Peabody promptly moved into Yaddo with Katrina, and lived ten years with

her before marrying her in 1921. She died shortly thereafter, and Peabody

“adopted” a lissome young divorcee, Marjorie White, when he was informed

the church would not allow him to marry her. He then appointed her sister,

Elizabeth Ames, director of Yaddo, where she remained as virtual dictator for

many years. The music room at Yaddo displays a large bronze plaque which

reads, “George Foster Peabody, Lover of Men”. Peabody was appointed the

first director of the Federal Reserve Bank of New York in 1914, serving

during the crucial years of World War I, until 1921. He was an enthusiastic

supporter of the Bolshevik Revolution in Russia, and later became a director

of FDR’s Warm Springs Foundation, and the Hampton Institute. Louise

Ware writes in her biography of Peabody, “He (Peabody) added that the

national crisis (World War I), when every man was needed, should insure the

Negro opportunity.” Peabody was chairman of Combustion Engineering

Corp., president of Broadway Realtors, director of Mexican Lead Co.,

Mexican Coal & Coke, Mexican National Railways, Tezuitlan Copper Refining

and Smelting, and served as treasurer of the Democratic National Party.

Despite his “capitalist” background, Peabody was always an avowed Socialist.

Ware notes that he wrote to Norman Thomas, “I have always been most

sympathetic to individual Socialist aspirations. I have particularly observed

the Fabian System of England with hopeful anticipations.”

This admirer of Fabian Socialism is the man who helped install the

General Education Board as the guiding force behind all educational

developments in the U.S. since 1910.

The Springfield Republican noted, Oct. 1866,

“For all who know anything of the subject know very well that

Peabody and his partners in London gave us no faith and no

help in our struggle for national existence. They participated to

the full in the common English distrust of our cause and our

success, and talked and acted for the South rather than for our

nation. No individual contributed so much to flooding our

money markets with the evidences of our debt in Europe, and

breaking down their prices and weakening financial confidence

in our nationality than George Peabody & Co. and none made

more money by the operation. All the money that Mr. Peabody

is giving away so lavishly among our institutions of learning was

gained by the speculations of his house in our misfortunes.”

This editorial was also reprinted in the New York Times Oct. 31, 1866. The

writer did not know that Peabody was a front for the Rothschilds, or that the

establishment of the Peabody Fund was intended to give them political and

financial control of the impoverished South, or that it would inaugurate the

“Era of the Foundations” as the controlling factor in American life.

John D. Rockefeller used General Education Board funds through

Standard Oil representatives in Russia to provoke the Russian Revolution in

1905. No wonder the Soviet masses cheer when a Rockefeller arrives to visit

them. To date, the Rockefellers have “given” more than $5 billion from stock

income, meaning that Americans have had to ante up billions of dollars in

taxes which would otherwise have been revenue on this income.

Congressman Wright Patman, chmn of the House Banking & Currency

Committee, proved in 1967 Hearings that 14 Rockefeller foundations held

assets of more than $1 billion in Standard Oil stock. Not only did they pay no

tax on this stock, but it gave them permanent control over the family owned

firm. Rival financiers could not buy control of Standard Oil because its stock

was insulated by foundation ownership. As Patman pointed out, the fact that

the Rockefellers escaped paying huge sums in taxes gave them an unsurpassed

market advantage over other firms which had to pay normal rates of taxation.

The agitation for increased “corporate taxation” adds to Rockefeller’s

advantage. Patman said, “The Foundations are the best investments the

Rockefeller family could have made.”

A family member, Senator Nelson Aldrich, shepherded the General

Education Board charter through Congress. The Rockefeller Foundation

charter proved more difficult. It was a flagrant effort to evade government

decrees against the Standard Oil monopoly, but was finally pushed through in

1913 by Sen. Robert F. Wagner of N.Y., setting aside $50 million in Standard

Oil of New Jersey stock for “charitable work”. The Rockefeller Foundation

charter was signed on May 22, 1913. Its incorporators were John D.

Rockefeller, John D.Rockefeller Jr.; Henry Pratt Judson, of the Lyman and

Pratt families, president of University of Chicago; Simon Flexner, educated at

Universitv of Berlin and Univ. of Strasbourg, had served with Rockefeller

Institute since 1903 as prof. of medicine; Starr Jameson, “personal counsel to

John D. Rockefeller in his benevolences”; Jerome D. Greene, secretary of

Harvard Corp. 1910-11, banker with Lee Higginson of London, 1912-18; sec.

Reparations commission at Paris Peace Conference; Wickliffe Rose, prof.

Peabody College, secretary Peabody Educational Fund, trustee of Slater Fund

and General Education Board; and Charles W. Eliot, also of the Lyman

family, married Ellen Peabody, educated in Germany, president emeritus of

Harvard. An offshoot, the China Medical Board, secured Standard Oil the

market for “oil for the lamps of China”, and gave the family entree into the

highly profitable Asiatic drug trade. The breakthrough was obtained after

they financed the rise to power of the Soong family, who created modern


The list of officers of the Rockefeller Foundation from 1913-63 reveals

a great deal about this organization. The four chairmen of the board have

been John D. Rockefeller. Jr. 1917,1939, Walter D. Stewart, 1939-50, John

Foster Dulles, 1950-52, and John D. Rockefeller 3rd, 1952-63.

Walter D. Stewart served with Bernard Baruch on the War Industries

Board in 1918, was with the Federal Reserve Board from 1922-25, and then

joined the law firm of Case, Pomery, a Rockefeller firm. He was economic

adviser to the Bank of England 1928-30, Special Adviser to Bank for

International Settlements 1931, Presidential Council of Economic Advisors

for Eisenhower 1953-56, and later president of the Institute for Advanced

Study. In this list of legal and financial posts, one is struck by the conspicuous

absence of any “charitable” endeavours.

John Foster Dulles, as senior partner of the law firm of Sullivan and

Cromwell, carried on the firm’s traditional involvement in promoting wars

and revolutions. Few Americans know that Sullivan & Cromwell’s intrigues

made the Panama Canal possible.

A 736 page volume, “The Story of Panama, the U.S. House Hearings

on Panama in 1913,” offers hundreds of pages of documentation proving that

William Nelson Cromwell, founder of the firm, and Dulles’ mentor, instigated

and promoted the Panamanian Revolution for J.P. Morgan and J & W

Seligman. Morgan subsequently received $40 million in gold from the U.S.

Treasury, the largest check it had ever drawn to that time. $35 million of this

sum was clear profit. President Theodore Roosevelt sued the New York

World for libel for printing some of the facts about himself and Cromwell.

The case was unanimously thrown out of court by the Supreme Court.

We find in “The Roosevelt Panama Libel Case Against the N.Y.

World” the following :

“On Oct. 3, 1908, the Democratic National Committee was

considering the advisability of making public a statement that

William Nelson Cromwell in connection with M. Bunau-Varilla,

A French speculator, had formed a syndicate at the time when it

was quite evident that the U.S. would take over the rights of

French bondholders in the DeLesseps Canal, and that this

syndicate included among others Charles P. Taft, brother of

William Howard Taft, and Douglas Robinson, brother-in-law of

President Theodore Roosevelt. These financiers invested their

money because of a full knowledge of the intention of the U.S.

Government to acquire the French property at a price of about

$40 million and thus – because of the alleged information from

Government sources – were enabled to reap a rich profit.”

On Aug. 29, 1908, the Democratic National Committee issued a statement

from its headquarters in Chicago identifying Cromwell as “William Nelson

Cromwell of New York, the great Wall Street lawyer, attorney for the Panama

Canal combine, Kuhn Loeb Co., the Harriman interests, the sugar trust, the

Standard Oil trust et al.”

Thus the Democratic leaders identified Cromwell as the lawyer for the

seven men who controlled America for the Rothschilds. The Democrats

continued : “In Sept. 1904, during the absences of Secretary Taft from

Washington, Mr. Cromwell, a private citizen practically ran the War Dept.

John F. Wallace, Chief Engineer of the Panama Canal, testified before the

Senate Committee on Feb. 5, 1905, ‘Cromwell appeared to me to be a

dangerous man’.”

The House Hearings devoted many pages to Cromwell’s activities, well

worth anyone’s reading, including damning testimony from Congressman

Rainey :

“ The revolutionists were in the pay of the Panama Railroad &

Steamship Co., a New Jersey corporation. The representative of

that corporation was William Nelson Cromwell. He was the

revolutionist who promoted and made possible the revolution

on the Isthmus of Panama. At that time he was a shareholder in

the railroad and its general counsel in the United States. William

Nelson Cromwell – the most dangerous man this country has

produced since the days of Aaron Burr – is a professional


John Foster Dulles, chairman of the board of the Rockefeller

Foundation, inherited the mantle of Cromwell as the most dangerous man in

America. A member of the Rockefeller family through his marriage to Janet

Pomeroy Avery, he was secretary to his uncle, Secretary of State Robert

Lansing, at the Paris Peace Conference. Thomas Lamont, partner of J.P.

Morgan, wrote of Dulles at that time, “All of us placed great reliance upon

John Foster Dulles.”

Dulles later turned up in Germany with Baron Kurt von Schroder to

guarantee Hitler the funds to take over Germany. U.S. Ambassador to

Germany William Dodd writes in his Diary, Dec. 4, 1933, “John Foster

Dulles, legal Counsel for associated American banks, called this afternoon to

give an account of claims being urged on behalf of bondholders against

German cities and corporations, more than a billion dollars. He seemed very

clever and resolute.” Ron Pruessen, in his biography of Dulles, mentions

Dulles’ “secret discussions with the German Cabinet Dec. 1933 and Jan. 1934

in Berlin.” Pruessen lists Dulles’ banking clients during the 1920s, “J.P.

Morgan, the national City Co., Kuhn, Loeb & Co., Dillon Read, Guaranty

Trust, Lee Higginson, and Brown Bros Harriman.” Dulles had a legal

monopoly on Wall Street.

John Foster Dulles never lost his penchant for starting wars. How

many Americans know that it was John Foster Dulles who sent a telegram

from Tokyo to President Truman’s advisers, “If it appears that the South

Koreans cannot repulse the attack, then we believe that U.S. force should be

used.” Although Dulles never revealed who “we” included, this telegram set

off our involvement in the Korean War.

Among the presidents of the Rockefeller Foundation, we find George

E. Vincent, who was president of the Chautauqua Institution. He served with

Herbert Hoover on the Commission for Relief in Belgium; Max Mason,

president of the University of Chicago, to which the Rockefellers gave some

$400 million; Raymond Blaine Fosdick, who served as secretary to the League

of Nations, 1919-20, later was official biographer of John D. Rockefeller; his

brother Harry Emerson Fosdick, who was pastor of Rockefeller’s church;

Chester I. Barnard, president of AT&T, director of the U.S. Telephone

Agency during World War I; Dean Rusk, who served two presidents as

Secretary of State; and J. George Harrar, who was Andrew D. White

professor at Cornell.

The Secretaries of the Rockefeller Foundation are: Jerome D. Greene,

who was secretary to the president of Harvard 1901-05, and on the board of

Harvard Overseers 1911-1950, secretary of the Reparations Commission

under Bernard Baruch at the Paris Peace Conference 1919, general manager

of the Rockefeller Institute of Medical Research 191-1939, director of

Brookings Institution, 1928-1945, and chairman of the notorious Rockefeller

financed Institute of Pacific Relations, of which Laurence Rockefeller was

secretary, and which had close relations with the Soviet spy Richard Sorge in

Japan; Edwin R. Embree, who set up the Julius Rosenwald Foundation in

1917 “for the wellbeing of mankind”, seven of whose trustees were identified

as members of Communist front organizations.

Vice presidents of the Rockefeller Foundation since 1913 include;

Roger S. Greene, the organizer of the Committee to Defend America by

Aiding the Allies, whose purpose was to involve us in World War II and who

served with the Dept. of State from 1940-44; and Alan Gregg, who served

with the British Expeditionary Force 1917-19.

All of these officers also are listed as directors of the Rockefeller

Foundation. Other directors include; The Lord Franks, British Ambassador

to the U.S. 1948-52, a key member of the London Connection which operates

the United States as a colony of the British Empire; he is a director of the

Rhodes Trust, the Schroder Bank, visiting professor at the University of

Chicago, chairman of Lloyd’s Bank, and presently chancellor of East Anglia

University; Charles Evans Hughes, governor of New York, presidential

candidate who is believed to have actually defeated Woodrow Wilson in 1916,

later Chief Justice of the Supreme Court, appointed to that post by his good

friend Herbert Hoover; James R. Angell, chmn National Research Council.

1919-20, president of the Carnegie Corp., president of Yale (his daughter is

Mrs. William Rockefeller); he was a director of New York Life and NBC;

Trevor Arnett, president of the International Board of Education; Harry Pratt

Judson, president Univ. of Minnesota, president American University in

China, director of Rockefeller’s China Medical Board; Vernon Kellogg,

Herbert Hoover’s assistant in the U.S. Food Administration, during World

War I and the American Relief Administration 1919-21, later secretary

National Research Council and trustee of Brookings Instn; Starr Murphy,

who lists himself in Who’s Who as “the personal counsel and representative of

John D. Rockefeller in his bevenolences”; Wickliffe Rose, director of public

health, Rockefeller Foundation 1913-23; president Peabody College 1892-02,

agent Peabody Education Fund 1907-15, Rockefeller Sanitary Commission

and Southern Educational Board 1909-15, International Health Board 1913-

28, president General Education Board 1913-28, International Education

Board 1923-28, director Red Cross and Atlantic Council; A. Barton Hepburn,

Supt. Banks N.Y. State 1880-83, chief bank examiner N.Y. 1888-92,

Comptroller U.S. Army 1892-93, vice pres. National City Bank 1897-99,

president Chase Natl Bank 1899-1922, member Federal Advisory Council,

Federal Reserve System, 1918, Director N.Y. Life, Sears, Woolworth,

Studebaker, Texas Co.; Julius Rosenwald, set up Rosenwald Foundation to

carry on Peabody fund agitation in the South, “total involvement”; he also

gave $700,000 to Rockefeller’s University of Chicago, was trustee Baron de

Hirsch Fund, Zionist settlement program; Martin A. Ryerson, president

board of trustees University of Chicago, trustee Carnegie Institution; Karl T.

Compton, assigned to American Embassy Paris 1918, he was chmn U.S.

Radar Mission to USSR 1943, spec. rep. secretary of War 1943-44, spec. advsr

atomic development 1945, achieved immortality as the man who told Pres.

Truman to drop the atomic bomb on Japan, the first use of this horror

weapon, also director of Ford Foundation, Sloan Kettering Institute, Royal

Society of London; John W. Davis, lawyer for Morgan and Rockefeller,

Ambassador to Britain 1918-21, Democratic candidate president 1924; John

Sloan Dickey, with Dept. State 1940-45, president Dartmouth, served on

President’s Commission on Civil Rights; Harold W. Dodds, president

Princeton, was Herbert Hoover’s executive secretary U.S. Food

Administration 1917-19, trustee Brookings Institution and Carnegie

Foundation, director Prudential Insurance; Lewis W. Douglas, grad. Oxford,

married Peggy Zinsser, Director of Budget 1933-34, president American

Cynamid, Ambassador to Great Britain 1947, chairman of board Metropolitan

Life, director General Motors, Homestake Mining Co.; Orvil Dryfoos, who

married Marion Sulzberger and became chairman of New York Times, trustee

Baron de Hirsch Fund; Lee A. DuBridge, president California Institute of

Technology, trustee Rand Corp. member U.S. Atomic Energy Commission,

awarded the King’s Medal for service to Great Britain 1943; David Leon

Edsall, dean Harvard Medical School 1918-35; Charles William Eliot, who

married Ellen Peabody, studied European educational methods, president of

Harvard for many years, promoted Hegelian school of determinism; Simon

Flexner who studied at Univ. of Berlin, Univ. of Strasburg, set up Rockefeller

Institute of Medical Research, member Royal Society of London, many

medical societies; Douglas Freeman, editor Richmond News Leader, director

Woodrow Wilson Foundation, Equitable Life; Herbert S. Gasser, organized

Chemical Warfare Service 1918, fellow Royal Society, London and Edinburgh;

Frederick T. Gates, lists himself as “business and benevolent representative

John D. Rockefeller 1893-1912; Walter S. Gifford, organized U.S. Council

Natl Defense 1916-18 formed to involve us in World War I, invited bv Col.

House to serve on U.S. Inter Allied Council 1918, president AT&T, chairman

of board of Carnegie Institution; Robert F. Goheen, president Princeton

1957-72, Woodrow Wilson Fellowship, Smithsonian Institution, Institute of

International Education, Dreyfus Fund, board of overseers Harvard Univ.

Carnegie Foundation; Herbert Spencer Hadley, as atty gen. of Missouri

prosecuted Standard Oil, they then backed him for Governor, he served from

1909-13; Wallace K. Harrison, architect Rockefeller Center and UN Building;

Theodore Hesburgh, president Notre Dame Univ., Woodrow Wilson

Fellowship, Carnegie Foundation, Ford Foundation, Rockefeller Bros Fund,

Hoover Commission; Ernest M. Hopkins, asst. to Sec. of War 1918, Office

of Procurement & Management 1941, president Darthmouth 1916-45;

Arthur A. Houghton, chain Corning Glass, office Price Management 1941-42,

adv. com. on arts Federal Reserve System, director New York Life, U.S. Trust,

J.P. Morgan Library; Clark Kerr, pres. Univ. of California 1952-73; Robert A.

Lovett, married Adele Brown, of Brown Bros; he was partner Brown Bros

Harriman 1926-61, spec. asst Sec. of War 1940-41, Sec. War for Air 1941-45,

Under, Sec. State 1947-49, replaced James A. Forrestal as Secretary of

Defense when Forrestal fell from window at Naval Hospital, served as Sec.

Defense 195-52, director Royal Globe Insurance of London, N.Y. Life,

Freeport Sulphur, chairman Union Pacific, director Carnegie Instn; his father,

judge Robert S. Lovett was attorney for UP, advised Harriman and Kahn not

to answer, questions about their stock dealings, all records burned in 1911;

Benjamin McKelway, editor Washington Star; Henry Allen Moe, Rhodes

Scholar, ran Guggenheim Foundation for many years, barrister of Inner

Temple, London, chmn Museum, of Modern Art set up by Rockefeller family,

also Natl Endowment for the Humanities; William Myers, director Federal

Reserve Bank of N.Y., pres. Committee on Foreign Aid 1947, director

Carnegie Foundation, Arco, Smith Corona, Continental Can, Grand Union,

Mutual Life; Thomas I. Parkinson, adj Gen. U.S. Army 1918-19, chairman

Equitable Life, Chase Natl Bank, ATT, Borden; Thomas Parran, Surgeon

General U.S. 1936-48; Alfred N. Richards, staff British Medical Research

1917-18, organized U.S, Chemical Warfare Service 1918; Dean Rusk, Rhodes

Scholar, joined Dept. State 1946, important role with John Foster Dulles in

involving U.S. in Korean War, asst. Sec. War 1946-47, UN Affairs Dept. State

1947-49, president Rockefeller Foundation 1950-60, Secretary of State 1961-

69; Geoffrey S. Smith, married into Coolidge family, counsel Natl Refugee

Commission 1940, OPM 1941, War Production Board 1942, pres. Girard

Trust, director Bell Telephone; Robert G. Sproull, pres. Univ. of Calif. his

brother Allan was president Federal Reserve Bank of N.Y. for many years,

Robert was director Institute of International Education, Carnegie

Foundation, American Group on Allied Reparations 1945,Citizens Committee

for the Marshall Plan, Institute of Pacific Relations; Frank Stanton, OWI

1942-45, president of CBS for many years; Robert T. Stevens, chairman of

family firm J.T. Stevens, giant textile firm, director Federal Reserve Bank of

N.Y., J.P. Morgan, General Electric, General Foods, New York Telephone,

Secretary Army 1953-55, involved in McCarthy Hearings; George D. Woods,

chairman First Boston, Kaiser Steel, General Staff U.S. Army 1942-95,

director New York Times; Arthur M. Woods, asst. Sec. War World War I,

director of Rockefeller firm Colorado Fuel & Iron, scene of massacre of

workers, Ludlow massacre; Owen D. Young, chairman General Electric,

director RCA, American Foreign Power, General Motors, NBC, RKO,

Federal Reserve Bank of N.Y., agent gen. for reparations payments 1919-24,

chosen by Bernard Baruch; Winthrop Aldrich, Rockefeller family member,

chairman Chase National Bank, director AT&T, International Paper,

Metropolitan Life, Westinghouse, Federal Reserve Bank of N.Y., Rockefeller

Center, served as Ambassador Great Britain 1953-57; Barry Bingham, editor

Louisville Courier-Journal, served in Europe 1942-45, special mission to

France for ECA 1949-50; Chester Bowles, founded ad agency Benton &

Bowles, served with OPA, WPB WWII, ambassador to India 1951-53,

Woodrow Wilson Foundation, partner Sen. William Benton; Lloyd D. Brace,

pres. First Natl Bank, director ATT, Gillette, John Hancock, Stone &

Webster, U.S. Smelting; Richard Bradfield, educated at Univ. of Berlin,

married into Stillman family Guggenheim fellow, carried out Far Eastern

policy for Rockefeller Foundation as head division of agriculture 1955-57;

Dieter Bronk, pres. Rockefeller Institute Medical Research, Sloan Kettering

Institute, received Order of British Empire; William H. Claflin, treas.

Harvard; Ralph Bunche, educated at Harvard and London School of

Economics, with British section OSS 1941-44, Dept. State 1944-47,

Dumbarton Oaks 1944, UN at San Francisco with Alger Hiss 1945, UN

London 1945, Und. Sec UN 1947-71, Palestine Mediator 1948-after Count

Bernadotte was assassinated by Begin; C. Douglas Dillon born Switzerland

1909, director U.S. & Foreign Securities 1937-63, chairman Dillon Read 1946-

53, Ambassador to France 1953-57, under Sec. State 1958-60, helped Bechtel

obtain Arabian contracts (Bechtel later bought out his family firm, Dillon

Read), Secretary of Treasury 1960-65, is trustee Brookings Instn, Hoover

Institution, Heritage Foundation, his daughter is Princess Joan of

Luxembourg, married into family which is direct descendant of William of

Orange who chartered the Bank of England; Edward Robinson, was with

Peabody Co., Spencer Trask Co. treasurer Rockefeller Foundation & General

Education Board 1938-62; Kenneth Wernimont, joined Institute of

International Education 1937, Dept. of Agriculture 1938-46 in Latin America,

Mexican missions for Rockefellers; Charles W. Cole, pres. Amherst,

Ambassador to Chile 1961-64, director Charles E. Merrill Trust Thomas B.

Applegate Jr. exec. secretary to John D. Rockefeller Jr., 1926-28, Rockefeller

Foundation 1929-49; Charles B. Fahs, OSS 1942-46, chief Far East Division

of Dept. of State; Edmund E. Day, dean Wharton School of Finance U. Pa

1912-29, Guggenheim fellow, president 1933-39 Natl Bureau of Economic

Research set up by Rockefellers.

The 1981 list of Rockefeller Foundation trustees also includes James C.

Fletcher, whose “charitable” background is listed in Who’s Who as “Naval

ordinance 1940”, and forty years of subsequent experience in guided missiles

and strategic weapons, with Hughes Aircraft 1948-54, guided missiles with

Ramo-Wooldridge 1954-58, Aerojet General 1960-71, chmn Minuteman 1961,

military aircraft board 1964-67, strategic weapons board 1959-61, chmn Naval

Warfare panel 1967-73, and board of American Ordinance Assn. Another

1981 trustee is James D. Wolfensohn, who serves as president J. Henry

Schroder Banking Corp. N.Y., and its parent company, Schroders Ltd. of


Examining the dominant members of the Rockefeller Foundation, we

find men whose lives have been devoted to war and revolution, chemical

warfare, international intrigue, and mass murder; we find the chairman of the

board was John Foster Dulles, who inherited the title of “most dangerous

man in America” from his mentor, William Nelson Cromwell; Dulles

obtained crucial financing for Hitler, and sent the key telegram involving the

U.S. in the Korean War, while his brother, a director of Schroder Bank, set up

the CIA; we find Karl T. Compton, who gave the word to drop the atomic

bomb on Japan in 1945 and unleashed the horror of atomic warfare on the

entire world (he was also trustee of Ford Foundation); we find Lord Franks,

key member of the Rhodes Trust, the Schroder Bank; what we do not find is

anyone who has ever engaged in any charitable endeavor. The Rockefeller

directors of what is properly the “Rockefeller Syndicate” interlock with the

nation’s major banks, corporations, universities and government

departments. This is the network which illegally rules America, which, by its

tax evasion, places a tremendous tax burden on all American taxpayers, and

which makes our elections a farce because these men determine all policies

which are implemented in the United States.

Through the Sealantic Fund, the Rockefellers control American schools

of theology and the religious institutions of America; through the Rockefeller

Bros Fund they control government policy. In 1958, the Rockefeller Bros

Fund convened American leaders to urge greater military spending; the group

included Gen. Lucius Clay of Lehman Bros., former chief of U.S. forces in

Europe; Gordon Dean of the U.S. Atomic Energy Commission; Deverux C.

Josephs of J.P. Morgan Co.; Henry Luce of Time Mag. Thomas B. McCabe,

churn Federal Reserve Board of Governors; Anna M. Rosenberg, secretary to

Bernard Baruch. and Asst. Sec. Defense (she married Julius Rosenberg), was

on Social Security Board 1936-43, charter member of New Deal

Administration, War Manpower Commission 1942-45, trustee of Ford

Foundation and Rockefeller Foundation, later married Paul Hoffman, head of

ECA; Dean Rusk of the Rockefeller Foundation; David Sarnoff, founder of

RCA; Henry Kissinger; and Roswell Gilpatrick, und. Sec. Air Force 1951-53.

Gilpatric was partner of the Kuhn, Loeb law firm of Cravath de Gersdorff

Swaine and Wood 1931-61, Yale Corp. Woodrow Wilson Foundation; his

brother Chadbourne was a Rhodes Scholar, OSS Europe World War II, and

CIA 1947 to present; another brother, Donald, was on the staff of Natl City

Bank, Board of Economic Warfare 1943-43, economic advisor Allied

Headquarters during World War II, U.S. Member UNRRA, dir. ECA 1948,

now director of Olin Matheson and Winchester Arms.

Every American worker is regularly reminded of one Rockefeller

Foundation “boon to mankind” when he receives his mutilated pay check

with the “withholding tax” ripped from it. In 1943, at the height of World

War II, Congress passed an “emergency” wartime tax bill, the Current Tax

Payment act of 1943. Enacted on June 9, 1943, the bill became known as the

Withholding Tax. The “emergency” ended some forty years ago, and in the

intervening decades the bill has been and it is illegal. It is illegal because it is

not “withholding” and because it is not a tax. Since it is not what it claims to

be, it cannot be enforced, as it has no legal standing. In legal terms, the

withholding tax is a garnishee. Webster defines a garnishee as a legal notice

served with a writ of attachment to attach the wages of a debtor on behalf of a

creditor. However, the withholding tax is not a legal notice served with a writ

of attachment, nor is it issued by any court, and is not collectible under U.S.

law. Second, the “debt”, or tax, can only be established on the annual return

at then end of the taxable year, as provided by law. IRS claims that the

withholding tax establishes “the liability at the source”. However, no debt has

been established at the time of collection.

The withholding tax is also illegal because it was enacted into law as the

result of a conspiracy by persons who concealed their motives and their

allegiances. Beardsley Ruml, who foisted the plan on Congress, told a New

Yorker reporter that the withholding tax plan originated at a luncheon of

“intellectuals” at the luxurious Plaza Hotel. He refused to identify any of the

other conspirators. Fortune said of him,

“Beardsley Rural of pay-as-you-go fame (characterized by

Congressman Wright Patman as protecting the first crop of war

millionaires), is beyond a doubt one of the most mentally agile

and popular men in American history. Like many other

interesting personalities, the treasurer of Macy’s, chairman of the

Federal Reserve Bank of New York and eminent fiscal planner is

a far from simple character. The former dean of social sciences

at the Univ. of Chicago later worked for the Carnegie Corp. In

1922 the Rockefellers made the 28-year old Ruml director of the

Laura Spelman Rockefeller Memorial ($80 million). The

Memorial had been founded for charitable aid to women, but

Mr. Rural, arguing that the welfare of the individual depends on

the welfare of the whole society, threw the organization and $25

million of the funds behind the social sciences.”

Ruml’s idea of the withholding tax is suggested in his book.

“Government Business and Values”, p. 179, “It is evident that the progress of

science, technology and education will force important changes in our

personal, social and economic relationships. To meet these changes,

government must change and modify the laws, rules and regulations under

which we live.” Note that Ruml says “force” changes, by “government”

decree. This is the entire foundation program, to impose by force their will

on the American electorate, in a criminal syndicalist conspiracy against the

wellbeing of every American.

The 1971 list of trustees of the Rockefeller Foundation shows it

continues to be the ruling hierarchy of the U.S. It includes W. Michael

Blumenthal, and C. Douglas Dillon, both of whom served as Secretaries of

the Treasury; Robert F. Goheen, president of Princeton; Vernon Jordan, the

token black; Robert V. Roosa, and Cyrus Vance, Secretary of State under

Carter. Roosa is a founding member and secretary of the Trilateral

commission. While he was on the staff of the Federal Reserve Bank of N.Y.,

Roosa trained a group known as the “Roosa Bloc”, his chief protege being

Paul Volcker, who, as chairman of the Federal Reserve Board of Governors,

unleashed a ruinous recession in the U.S. with 20% interest rates and 25%

inflation. Of course the banks profited handsomely while driving millions of

Americans into bankruptcy. The New York Times reported that David

Rockefeller and Roosa “suggested” to Carter that he appoint Volcker as

chairman of the Federal Reserve Board. Roosa is a partner of Brown Bros.

Harriman, director of Texaco, American Express, Owen Corning Fiberglass,

director National Bureau of Economic Research, trustee Sloan Kettering

Institute, and chairman of Brookings Institution.

Brookings Institution was incorporated in 1927 by Frederic A. Delano,

2244 S. St NW Washington D.C.; Harold G. Moulton, 3700 Oliver St. NW,

Washington, a Univ. of Chicago economist; and Leo S. Rowe, who had been

asst. Secretary Treasury 1917-19, working closely with Eugene Meyer and the

War Finance Corp. chief of Latin American div. Dept. of State 1919-20,

director Pan American Union 1920-36.

The Brookings Institution was founded by Robert S. Brookings born

1850, unmarried, a St. Louis merchant and head of the Cupples Co. which

revolutionized the distribution of goods from railway stations. In World War

I, Brookings was Baruch’s assistant at the War Industries Board, which had

dictatorial powers over American industrialists, and Chairman of the Price

Fixing Committee of WIB. An original trustee of Carnegie Endowment for

International Peace, Brookings set up the Brookings Garduate School of

Economics, which merged with the Institute of Government Research and

the Institute of Economics in 1927 to form the present Brookings Institution.

It is listed as “not a membership organization”, whose goal is “to set national

priorities”, in short, to make government policy, which it does. It rode into

power with Roosevelt’s New Deal, hardly a surprising development, since its

incorporator, Frederic A. Delano, was FDR’s uncle. The present chairman,

Robert V. Roosa, was preceded in that office by C. Douglas Dillon. It has

always been the forum of the world’s most powerful financiers.

In 1984, Brookings Institution originated a new program for the

government, written by a team of 10 economists headed by Alice Rivlin,

former director Congressional Budget Office. Rivlin proposed that the

income tax be replaced or augmented by a consumption tax laid upon all

consumption, bequests and gifts. In short, the traditionally leftwing

Brookings Institution hopes to enact into law the illegal IRS technique of

“composite net worth”, laying an income tax on citizens by estimating what

they spend or consume, a “cash flow” tax as inescapable as the Rockefeller-

Ruml withholding tax. Their only goal is to grind the working man into

hopeless poverty through ruthless extortion by government agents.

In 1978, corporations gave Brookings $95,000; in 1984, this figure had

jumped to $1.6 million. Most of their $13 million budget continues to be paid

by the major foundations, Ford, Rockefeller, Carnegie, Milbank Memorial

Fund. The foundations work together, not only because of their close

interlocking, but because they have a common program. That program was

published by Karl Marx in 1848 as “The Communist Manifesto”:

Abolition of all property in land.

Application of all rents of land to public purposes.

A heavy progressive or graduated income tax.

Abolition of all right of inheritance.

Confiscation of property of emigrants and rebels.

Centralization of credit in the hands of the state, by means of a national

bank, with state capital an exclusive monopoly.

Extension of factories and instruments of production owned by the

state, bringing into cultivation of waste lands,and improvement of the

soil generally in accordance with a common plan.

Equal obligation of all to work.

Establishment of industrial armies, especially for agriculture.

Combination of agriculture with manufacturing industries.

Gradual abolition of distinction between town and country, by more

equitable distribution of population over the country.

Free education for all children in public schools.

Combination of education with industrial production.

Abolition of child labour in its present form.

The foundations never oppose or contradict a single plank of the

Communist Manifesto. The program has given us “vocational training” instead

of education, which is a different form of child labour.

Present directors of Brookings include Louis W. Cabot, of Cabot

Corp., director of Federal Reserve Bank of Boston, R.R. Donnelley, Owen

Corning Fiberglass, chmn of board of Harvard Overseers, and Natl

Committee for U.S. China Trade. He served with OPA and WPB during

World War II, later with ECA and UN Council FAO; Barton M. Biggs, with

E.F. Hutton, Morgan Stanley, Rand McNally, now director of Lehrman

Institute; Edward W. Carter, chairman Carter Hawley Hale Stores, trustee of

the billion dollar James Irvine Foundation in California, Harvard Board of

Overseers, Woodrow Wilson Institute, AT$T, Delmonte, Lockheed, Southern

Cal Edison, Pacific Mutual Life Ins.; Frank T. Cary, chairman IBM, director

J.P. Morgan, ABC, Morgan Guaranty Trust, Merck, Texaco, Rockefeller Univ.

Museum of Modern Art; William T. Coleman Jr, former Sec. transportation;

John B Debutts former chairman ATT; Roger W. Heyns, director Kaiser

Steel, Levi Strauss, Times Mirror Corp., Norton Simon Museum, James Irvine

Fndtn; Carla A. Hills, former Sec. HUD – her husband is chairman SEC, she

is on board of IBM, American Airlines, Trilateral Commission, Woodrow

Wilson School, Stanford, & Norton Simon Museum; Lane Kirkland, head of

the CIO; Bruce K. McLaury, president of Brookings, was with Federal

Reserve Bank of N.Y. 1958-69, dep. und. sec. Treasury for monetary affairs

1969-71, president Federal Reserve Bank of Minnesota 1971-77, member

Trilateral Commission; Robert S. McNamara, former Secretary of Defense,

president of the World Bank; Arjay Miller, also was with Ford Motor, director

Washington Post, TWA, Andrew Mellon Foundation; Donald S. Perkins;

Eugene R. Black, former president World Bank; Win Mc. Martin Jr. former

chairman Federal Reserve Board of Governors; Robert Brookings Smith;

Sidney Stein Jr., Chicago banker, Federal Bureau of Budget 1941-45,

Presidential Consultant on Budget 1961-67, committee on Foreign Aid;

Robert D. Calkins, Stanford Food Research Institute 1925-32. General

Education Board 1997-52, president Brookings 1952-67, was with the NRA

and agricultural administration 1933-35, director Federal Reserve Bank of

N.Y. 1943-49, War Labor Board, 1942-45, OPA and War Dept. 1942; Warren

M. Shapleigh, pres. Ralston Purina, director J.P. Morgan, Morgan Guaranty

Trust, Brown Group First Natl Bank St. Louis; James D. Robinson III,

chairman AMAX, Bristol Myers, Coca Cola, Union Pacific, Trust Co. of Ga.,

was asst to pres. Morgan Guaranty Trust 1961-68, trustee Rockefeller Univ.

The heavy representation of Morgan and Rockefeller directors on the

board of Brookings explains the relentless drive of the “big rich” to increase

taxes and government control of the average American citizen. The Business

section of the New York Times April 15, 1984, long in advance of the

election, carried a headline story on the Business page that “Whoever Wins in

November, There Will Still be a $100 Billion Increase for U.S. Taxpayers.”

Another major U.S. foundation, the Russell Sage Foundation, was

incorporated in 1907 by Daniel Coit Gilman and Cleveland H. Dodge. A

director of National City Bank, Dodge masterminded the Presidential

campaign of Woodrow Wilson, after subsidizing his academic career at

Princeton with $5000 a year from himself and Moses Pyne, grandson of the

founder of National City Bank.

In 1980, the Russell Sage Foundation had assets of $52 million, and

expenditures of $2 million. Sage was a Wall Street speculator who made a

fortune in railroad stocks. Nicolson’s biography of Dwight Morror notes that

“It has always been a tradition that the partners of J.P. Morgan should engage

in all forms of public and charitable activity. Morrow was a trustee of Russell

Sage Foundation, director Natl Bureau of Economic Research, N.Y.

Commission of Re-Employment, and Carnegie Endowment for International

Peace. He was a director of General Electric and Bankers Trust.”

The present chairman of Russell Sage Foundation is Herma Hill Kaye,

leading Women’s Rights organizer, trustee of the Rosenberg Foundation;

president is Marshall A. Robinson, also is director of Ford Foundation and

director of Herbert Hoover’s Belgian American Educational Foundation;

directors of Russell Sage are Robert McCormick Adams – he was recently

named to replace S. Dillon Ripley as head of the Smithsonian (Ripley was an

OSS agent 1942-45, Guggenheim fellow, Fulbright fellow, Natl Science Fndtn

fellow); Adams’ wife Ruth was principal organizer of Eaton’s Pugwash

Conferences which were run by the KGB. Adams is moving into a new

$485,000 mansion voted him by the Smithsonian board - the “new class” likes

to live well; William D. Carey, chairman US-USSR Trade & Economic

Council, received a Rockefeller public service award 1964; Earl F. Cheit, dean

of School of Business Administration, U.C. at Berkeley – Cheit is also director

of Mitre corp., program officer Ford Foundation and council of Carnegie

Institution; Carl Kaysen, economist with Natl Bureau of Economic Research,

was with OSS 1942, prof. Harvard 1946-66, Institute for Advanced Study

1966-70, lecturer London School of Economics, spl. asst to President

Kennedy for national security, Carnegie Commission, Paley lecturer Hebrew

University, and director of Polaroid (financed by James Paul Warburg), trustee

German Marshall Fund, Fulbright scholar London School of Economics,

Guggenheim fellow, Ford Foundation fellow; Frederick Mosteller, spec.

economist War Dept. 1942-43, Guggenheim fellow, Myrdal Prize; John S.

Reed, chairman Santa Fe Industries, Kraft, Northern Trust, Dart & Kraft,

Atchison Topeka Santa Fe RR; Oscar M. Ruebhausen, atty Lend Lease

Administration 1942-44, gen. counsel OSRD Washington 1944-46, partner of

law firm of Debevoise Plimpton since 1937, director Equitable Life,

International Development Bank, chmn UN Day NY, Hudson Institute.

The directors of the major foundations have been particularly active in

wartime positions, even though they seem to have little experience in

charitable endeavours. Beardsley Rural was a trustee of Russell Sage

Foundation from 1928-33. For many years the most prominent figure on

Sage’s board was Frederic A. Delano, who was horn in Hong Kong, where his

father, Captain Warren Delano, was engaged in the opium trade. An uncle of

Franklin D. Roosevelt, Delano was an original member of the Federal Reserve

Board of Governors in 1914, and was later named by his nephew as Governor

of the Federal Reserve Bank of Richmond. He was an original incorporator

of Brookings Institution, Carnegie Institution, and Carnegie Endowment for

International Peace, director of the Smithsonian Museum, Commission for

Relief in Belgium, and Belgian American Educational Foundation set up by

Herbert Hoover in World War I, chmn Natl Planning Board 1934-43. His

wife’s sister married Ed Burling, who founded the Washington law firm of

Covington Rc Burling, whose partners later included Dean Acheson and

Donald Hiss, brother of Alger. Frederic A. Delano married Mathilda Peasley

of Chicago; Edward Burling married her sister Louise. They were the

daughters of a railroad tycoon, James C. Peasley of the Burlington Railroad,

also president of the National State Bank. Judge J. Harry Covington and

Edward Burling founded the law firm of Covington and Burling in

Washington in 1919. Covington, a Maryland congressman, had been

appointed Chief Justice of the Supreme Court of Washington, D.C., by

Woodrow Wilson as a reward for voting for the passage of the Federal

Reserve Act. In 1918, Wilson appointed Covington as United States Railroad

Commissioner. Covington was a director of Kennecott Copper and Union

Trust. Wilson had also appointed Edward Burling chief counsel of the U.S.

Shipping Board. He served in this post from 1917-1919, working closely with

Herbert Hoover and Prentiss Gray, later of J. Henry Schroder Co. Delano’s

sister was Mrs. Price Collier of Tuxedo Park, N.Y.; his son-in-law was James

L. Houghtaling, who was special attache at the American Embassy in

Petrograd during the Bolshevik Revolution in 1917 (he later wrote Diary of

the Russian Revolution) Federal Emergency Administration 1933,

Commissioner of Naturalization and Immigration 1937-90, War Finance,

Dept of the Treasury 1944-46; chairman Fair Employment Board Civil

Service Commission 1949-52 - his mother was a Peabody of Boston.

The first board of directors of Russell Sage Foundation consisted of

Daniel Coit Gilman, Helen Gould, Margaret Sage and Dwight Morrow.

Although the name of Andrew Carnegie looms large on the roster of

American foundations, for many years the five Carnegie foundations have

been mere appendages of the Rockefeller Foundation. Carnegie sold his steel

interests to J.P. Morgan and the Rothschilds for El billion, but was not

permitted to walk away with the money; like Cecil Rhodes, Rockefeller, and

others, he was directed to put it into foundations which would carry out the

program of the World Order. The Carnegie Institution of Washington was

incorporated in 1909 by Daniel Coit Gilman, Cleveland H. Dodge, Frederic

A. Delano, Andrew Dickson White, and Elihu Root, Darius Ogden Mills and

William E. Morrow. Note that the original incorporators include two of the

three incorporators of the Russell Trust, Gilman and White. In 1921, the

Carnegie Endowment for International Peace was incorporated by Frederic A.

Delano, Robert S. Brookings, Elihu Root, who became its first president,

John W. Davis, Dwight Morrow, James T. Shotwell. Thus we see that the

major foundations were all organized by the same small group of people,

bankers and lawyers who function as front men for the World Order.

James T. Shotwell ably represented the goals of the World Order for

more than sixty years. Born in Canada in 1874, he joined the staff of

Columbia University in 1900 as a prof. of history. In 1916 he was invited by

Col. House to set up a study group, the Inquiry, with Walter Lippmnann, to

“study postwar political economic historical and legal developments,”

although we were not even in the war! This was the core of the American

Commission to Negotiate Peace at Versailles which wrote the Peace Treaty.

In 1917, Shotwell became personal adviser to President Woodrow Wilson.

He was appointed official historian of the ACNP, and actually wrote the social

security clauses of the Versailles Treaty. He wrote a 150-volume history of

World War I, published by Columbia. He had become a close friend of

Herbert Hoover during the war, and advised him on setting up the Hoover

Institution. Shotwell organized the International Labor Conference, and

joined the Carnegie Endowment in 1924. In 1941, Shotwell led a Committee

which demanded the release of Communist Party leader Earl Browder. He

joined the State Dept. in 1940, serving until 1944. When Franklin D.

Roosevelt asked him to join the State Dept. team of Alger Hiss, Henry

Wallace and Sumner Welles to organize the United Nations, Shotwell was

already Chairman of the Commission to Study the Organization of the Peace,

which he had set up in 1939, before the war started, just as he had done in

1916 ! Shotwell was Honorary Chairman of the San Francisco Conference to

Organize the United Nations with Alger Hiss. When Hiss was arrested,

Shotwell succeeded him as President of the Carnegie Endowment for

International Peace.

The trustees of CEIP in 1948 lists the ruling clique of America; John

W. Davis, Frederic A. Delano, John Foster Dulles, Dwight David

Eisenhower, Douglas S. Freeman, Francis P. Gaines (president of Washington

& Lee University), Alger Hiss, Philip C. Jessup. David Rockefeller, and Eliot

Wadsworth. A key member, Philip C. Jessup had such a long record of

association with Communist front groups that not a single Senator dared to

vote for his confirmation as U.S. Representative to the UN in Oct. 1951.

President Truman stubbornly refused to withdraw his name, but sent him as

an “alternate” delegate. Jessup had been assistant to Elihu Root at the Hague

Court; he was Herbert Lehman’s Asst. Sec. General of UNRRA, whose

deputy, Laurence Duggan later fell out of the window. Jessup had

represented the U.S. at the Bretton Woods Conference, and was Alger Hiss’

assistant in Charge of Judicial Organization at the UN San Francisco

Conference. Jessup was Chairman of the Pacific Council of the Institute of

Pacific Relations, a hotbed of Communist intrigue and espionage. IPR had

financed the Soviet spy, Richard Sorge, when he set up his network in Japan.

Laurence Rockefeller served as secretary at the IPR meetings. The McCarran

Committee reported, “The IPR has been considered by the American

Communist Party and by Soviet officials as an instrument of Communist

policy, propaganda, and military intelligence.” In June, 1945, the FBI raided

the offices of IPR’s Amerasia Magazine, confiscated 1800 stolen confidential

government documents, and arrested several Communist spies. The

following year, the Rockefeller Foundation gave IPR $233,000. Jessup was a

member of the wealthy Stotesbury family, partners of J.P. Morgan. His

brother John Jessup was a wealthy banker, president Equitable Trust Co.,

director of Coca Cola and Diamond State Telephone Co.

CEIP has offices in Washington, and in New York at 30 Rockefeller

Plaza. It has a $46 million endowment, and annual expenses of $3 million. Its

president is Thomas L. Hughes, who presided over the OSS Group at the

Dept. of State after it had been disbanded by President Truman; a Rhodes

Scholar, he was legislative counsel for Hubcrt Humphrey 1955-58, adm. asst

Chester Bowles, 1959-60, spl. asst to Secretary of State for Intelligence 1961-

69, spec. ambassador, chief of mission, rank of ambassador London 1969-70;

he had previously served as judge advocate general USAF 1952-54. Hughes is

director of German Marshall Fund, USAF Academy, Ditchley Foundation,

School of Foreign Service, Georgetown, Woodrow Wilson School, Princeton,

Social Sciences Foundation, Hubert Humphrey Institute Public Affairs;

directors of CEIP are Larry Fabian, who directed Bureau of Intelligence State

Dept. 1962, resident fellow Brookings Instn 1965-71; Fabian is also director

Middle East Institute, Hudson Institute, Institute of Strategic Studies, and

Rockefeller Foundation; John Chancellor, vice chmn NBC News, Moscow

Correspondent 1960, Voice of America 1966-67; Harding F. Bancroft, a New

York attorney who joined OYA 1941, Lend Lease Administration 1943,

served as director UN Affairs Dept. of State 1945-53, is exec. vice president

New York Times from 1953 to present; Thomas W. Braden, nationally

syndicated columnist, whose wife Joan has been having an affair with Robert

McNamara for three years (the World Order permits a certain degree of

intimacy) – a longtime Rockefeller associate who was given one of the wellpublicized

Nelson Rockefeller “loans”, Braden is executive secretary Museum

of Modern Art, served with the King’s Royal Rifles of Britian 1941-44;

Kingman Brewster, Wall Street lawyer with Winthrop Putnam Simpson &

Roberts, was president of Yale 1961-67, Ambassador to England 1977-81,

chmn English Speaking Union, National Endowment for Humanities, Kaiser

Foundation; Anthony J.A. Bryan, born in Mexico, naturalized 1947, now

president of Gopperweld, a firm owned by Rothschilds Imetal Corp., and

Federal Express, another Rothschild firm - Bryan served with RCAF 1914-5;

Richard A. Debs, Fulbright scholar, lawyer for Federal Reserve Bank of N.Y.

1960 to present, president Morgan Stanley 1976, FOMC 1973-76, chairman of

Carnegie Hall; Hedley Donovan, Rhodes Scholar, director of Ford

Foundation, Trilateral Commission, senior advisor to President of the U.S.

1979-80, director Washington Post, Fortune, Time; C. Clyde Ferguson, dean

of law school al Harvard, legal adviser NAACP 1962 to present, personal

adviser Gov. Rockefeller, 1959-64, Ambassador to Uganda 1970-72; Lane

Kirkland, president of CIO, also on board of Brookings, Rockefeller

Foundation CFR; George Cabot Lodge, son of Henry Cabot Lodge; Barbara

Warne Newell, president of Wellesley College, ambassador to UNESCO Paris

1979-81-her father was Colston Warne, founder of the consumer movement

in the U.S., organized Consumers Union 1936 on clearly defined Marxist goals

(the elimination of private brands replaced by “cooperative” brands,

supported by radical journalists, trade unionists and academicians);

Consumers Union was organized by Warne, Arthur Kallet, Dewcy Palmer,

Frank Palmer, an organizer with the IWW, James Gilman, Julius Hochman,

Adelaide Schulkind. Warne wrote his thesis about the “cooperative”

movement for Paul Douglas at the University of Chicago. After Consumers

Union employees threatend to go on strike “they reluctantly decided to pay

salaries 'competitive with capitalist organizations”; Colston Warne was with

the Federal Reserve Bank of N.Y. 1920-21, economist OPA 1944-96, Council

of Economic Advisers to the President 1947-51, ACLU, Peoples Lobby;

Wesley Posvar, who recently figured in investigation of Air Force grants to his

school; he was with Strategic Planning Group USAF Headquarters, 1954-57,

is a director of Rand Corp.; Norman Ramsey, physicist, studied at Harvard

and Oxford, MIT, was with MIT Radiation Laboratory & Los Alamos

laboratory 1942-45 in development of atomic bomb, trustee Brookhaven Lab,

physics dept. Harvard, Rockefeller U. NATO; Benno C. Schmidt, managing

partner J.H. Whitney Co.; Jean Kennedy Smith; Donald B. Straus, president

American Arbitration Assn., Planned Parenthood, Institute of Advanced

Study; Leonard Woodcock, UAW, life member NAACP; Charles J. Zwick,

director Bureau of Budget 1965-69, director Johns Manville, Southern Bell

Telephone, Rand Corp.

The Carnegie Corp. of New York has assets of $346 million,

expenditures $13 million in 1980. Chairman is Alan Pifer, educated at

Groton, Harvard and Cambridge England. He has been a director of

American Ditchley Foundation since 1975, and is on the board of overseers

of Harvard, chairman Presidential Task Force on Education, Presidential

Committee of White House Fellowships, African American Institute, director

Federal Reserve Bank of N.Y.– he was secretary U.S. Educational Com. in

London 1998-53, director McGraw Hill; exec. vice pres of Carnegie is David

Zav Robinson, served with Office of Naval Research London 1959-60, prof.

of physics Princeton 1970-76, atomic research.

The Carnegie Corporation was incorporated in 1911 by Andrew

Carnegie and Elihu Root, who had been Secretary of War under McKinley

and Secretary of Interior under Theodore Roosevelt, lawyer for J.P. Morgan,

who took charge of the Carnegie fortune for the program of the World Order.

Directors of Carnegie Corp. include Richard H. Sullivan, asst. dean

Harvard 1991-42, president Reed College 1956-57, director John & Mary

Markle Foundation; John C. Taylor III, chmn Paul Weiss Rifkind; Jack G.

Clarke, atty with Sullivan & Cromwell, counsel Standard Oil of New Jersey,

Middle East representative SO, sr. vice pres EXXON since 1975, American

Ditchley Fndtn., Aspen Institute; Thomas R. Donahue, sec. treas. AFL-CIO,

Natl Urban League; David A. Hamburg, psychologist U.S. Army med. serv.

since 1950, Natl Institute of Mental Health, head dept. psychiatry Stanford

Univ 1961-72, Harvard study on aggression; Helene L. Kaplan, lawyer with

Webster & Sheffield, director Brandeis, Barnard College, Mitre Corp., John F.

Guggenheim Fndtn, American Arbitration Assn – her husband Mark Kaplan,

president Drexel Burnham & Lambert, controlled by the Belgian Rothschilds,

president Engelhard Chemical, now attorney Skadden Arps Slate Meagher &

Flom, director Philbro, Elgin, Grey Advertising, DFS Group Ltd. adv com.

Center for Natl Policy Review, Unimax Corp., Marcade Group, Hong Kong;

Carl F. Mueller, Bankers Trust, Carl Loeb Rhoades, Cabot Corp., Macmillan,

John S. Guggenheim Fndtn; John C. Whitehead, banker with Goldman Sachs

since 1947, director Pillsbury, Crompton, Household Finance, Equitable Life,

Loctite Corp., Dillard Dept. Stores, is on board Georgetown Center for

Strategic Studies, and Republican Natl Finance Committee.

As president of the Carnegie Corp. Alan Pifer interlocks with many

leading banking institutions, according to a special chart devoted to him in

“Federal Reserve Directors: A Study of Corporate Influence”, an August 1976

staff report of the House Banking & Currency Committee, which shows he

interlocks with Rockefeller Center, J. Henry Schroder Banking Corp., J. Henry

Schroder Trust Co., J.P. Morgan Co., Equitable Life, Federal Reserve Bank of

Boston and the Cabot Corp.

The Carnegie foundations also interlock with the John and Mary

Markle Foundation, established 1927 with $50 million. It dispenses largesse

to journalists who espouse the goals of the World Order. Markle was the

biggest coal operator in the U.S., partners with the Roosevelt and Delano

family in Kentania Coal Corp., which obtained millions of acres for a few

cents an acre from impoverished residents of Kentucky and Tennessee, and

hauled billions of dollars of coal from their holdings. In 1933, Roosevelt

called on Markle to help settle the coal strike. The first president of Markle

Foundation was Frank C. Vanderlip, member of the Jekyll Island team which

wrote the Federal Reserve Act in 1910. Lloyd N. Morrissette is now

president; he has been vice pres. Carnegie Corp. since 1967, formerly

chairman the Rand Corp., director American Council on Germany; directors

are Daniel Pomeroy Davison, son of F. Trubee Davison and Dorothy

Peabody–he is president of U.S. Trust, director J.P. Morgan, Morgan

Guaranty Trust, and Scovill; Joel L. Fleishman who is also director of

Fleishman Foundation, Ford Foundation, and Alfred P. Sloan Foundation;

Barbara Hauptfuhrer, wife of Robert P. (Schoenhut) Hauptfuhrer, he is vice

pres. of Sun Oil; F. Warren Hellman, has been with Lehman Bros. since

1959, president of Peabody International Co.; Maximilian Kempner, lawyer,

born in Berlin, member of the historic von Mendelsohn banking family, is

director American Council on Germany; Gertrude Michelson, vice pres of

Macy’s since 1947, director Chubb, Quaker Oats, Harper & Row, Federal

Reserve Bank of N.Y., and Spelman College; Richard M. Stewart, president

of Anaconda.

The Carnegie and Markle Foundations also interlock with the American

Council on Germany, founded in 1952, which exercises control over the

“free” nation of West Germany. Its director is David Klein, who has been in

the U.S. Foreign Service since 1947, Russian Specialist at State Dept. since

1950, served in Moscow 1952-54, political officer in Bonn 1957-60, U.S.

Minister to Berlin 1971-79. Together with the German Marshall Fund, it

maintains tight control over German government, academic life, and

communications in this militarily occupied country. The $21 million German

Marshall Fund, a branch of the CIA, is headquartered in Washington and

spends $5 million a year supervising German affairs. Its president is Frank

Loy, born in Nuremberg. His father’s name was Loewi, which he anglicized

to the present spelling. (Loy) came to the U.S. in 1939, studied at Harvard,

joined the influential West Coast law firm of O’Melveny & Myers 1954-65,

political director and spec. economist AID 1965-70, pres. Pennsylvania Co.

1978-79, vice pres. Pan Am Airways 1970-73, director Arvida Corp.

(subsidiary Penn Central), Buckeye Pipeline Co., and Edgewater Oil Co.

Chairman of the trustees of German Marshall Fund is Eugene B. Skolnikoff,

Rhodes Scholar, director CEIP, Ford Foundation, Rockefeller Foundation

1963-65, chairman Center for International Studies, spec. asst to President of

U.S. 1958-63 and 1977-81, president of Federation of Jewish Agencies,

Hebrew Union College; Irving Bluestone; Harvey Brooks, prof. physics

Harvard since 1950, director Raytheon; Marion Edleman, head of legal div.

NAACP, adv. council Martin Luther King Fndtn, Eleanor Roosevelt Institute,

Yale Univ. Corp., received Whitney Young award. Her husband Peter

Edleman was law clerk for Supreme Court Justice Arthur Goldberg, Judge

Henry Friendly, spec. legal asst. Robert F. Kennedy 1964-68, would have been

named Atty. Gen. in an RFK administration, is director of RFK Memorial,

directed Edward Kennedy’s presidential campaign, was Ford Foundation

fellow; Robert Ellsworth, partner Lazard Freres, asst. to President of the U.S.

1969, Ambassador to NATO, 1969-70, deputy Sec. Defense 1976-77, Institute

of Strategic Studies, Atlantic Institute, Atlantic Council; Guido Goldman;

Carl Kaplan; John E. Kilgore Jr. banker with J.H. Whitney Co., Paine Webber,

now chmn Cambridge Royalty Co. of Houston (whose directors are Frederic

A. Bush, H. Haslam, Francis J. Rheinhardt Jr.). Other directors of German

Marshall Fund are Joyce Dannen Miller, dir. Amalgamated Clothing Workers

Union since 1962, Planned Parenthood, ACLU, A. Philip Randolph Institute,

Sidney Hillman Foundation, AFL-CIO, NAACP, Jewish Labor Committee,

American Jewish Committee; Steven Muller, born in Hamburg, naturalized

1949, Rhodes Scholar, pres Johns Hopkins Univ., Center for International

Studies, CSX Corp., vice chairman Federal Reserve Bank of Richmond; John

L. Siegenthaler, publisher Nashville Tennessean; Richard C. Steadman,

partner J.H. Whitney Co., intelligence analyst U.S. Govt. 1957-59, American

Ditchley Foundation, Russell C. Train, judge U.S. Tax Court 1957-65, chief

counsel House Ways & Means Committee 1953-54, EPA 1973-77, president

World Wildlife Fund, director Union Carbide, Trilateral Commission, U.S.

Commission for UNESCO.

These German associated groups had their origin in the Morgenthau

Plan, which resolved to lay Germany waste after World War II. They

maintain ironclad censorship in Germany, continue to split Germany into two

nations, in order to protect the borders of the Soviet Union (a primary

concern), with ruthless economic exploitation of the German people at the

hands of the World Order, and extort huge reparations payments from the

German workers, who have already paid more than $30 billion.

The most tragic victims of the World Order’s network of foundations

and universities are the nation’s youth. Filled with hope and ambition, they

attend colleges to prepare for careers, where their chief advisers are the

foundation eunuchs. They are carefully scrutinized to see if they can be useful

to the World Order, in which case they may be given grants or fellowships,

but the cruel fact is that unless they are fortunate enough to be born into a

family connection with members of the World Order, or become protege of a

eunuch, most doors will forever remain closed to them. Despite their talents

or ability, they will be relegated to joining the hewers of wood and the drawers

of water for the rest of their lives. At no time during their education will they

be apprised of the fact that they are the victims of a cruel hoax, that success in

business, drama, art or literature will be denied them because they do not have

the required connection with the World Order. The art scene is dominated by

the New York art dealers, who in turn are dominated by the Museum of

Modern Art, founded and controlled by the Rockefeller family. The founders

were Nelson Rockefeller, Abby Aldrich Rockefeller (wife of John D. Jr.),

Blanchette Hooker, wife of John D. 3rd, and Lizzie Bliss. Such is their power

that they can declare empty beer cans or piles of rope or rocks to be Great

Art, worth many thousands of dollars. They achieve a dual purpose of

destroying the creative life of the people while promoting the work of their

favorite propagandists. The new treasurer of the Smithsonian Museum, Ann

Leven, was formerly treasurer of Museum of Modern Art, also senior vice

president of corporate planning at Chase Manhattan Bank.

Nov. 1955 Fortune featured an article by William H. Whyte, “Where

the Foundations Fall Down”, which pointed out that the foundations only

grant funds to “big team” projects in institutions which are under their

control. Whyte says 76% of all foundation grants are made to these “team”

projects, citing huge sums given to the Russian Research Center at Harvard by

Carnegie, and Ford grants to the Center for Advanced Study in Behavioral

Science at Stanford. Foundation grants are rarely given to individuals, and

most can be traced to some underlying propaganda drive, such as the

$200,000 which the Rockefeller Foundation gave to establish the National

Bureau of Economic Research, whose “studies” effectively dominate the

world of American business today.

The involvement of the major foundations in military and espionage

work is shown by the makeup of two powerful “think tanks”, the Rand corp.

and the Mitre Corp. Chairman of the $180 million Mitre corp. is Robert

Charpie, president of Cabot Corp., director First Natl of Boston, Champion

and Honeywell. President of Mitre is Robert Everett, who serves on the

USAF Science Advisory Board, and Northern Energy Corp.; directors are

William T. Golden of Altschul’s firm, General American Investors, Block

Drug, Verde Exploration Ltd.; he is also secretary of the Carnegie Instn.

Washington; William J. McCune Jr. chairman of Polaroid; Teddy F.

Walkowicz, chairman Natl Aviation & Technology Corp.; and Robert C.

Sprague, vice pres. of his family firm, Sprague Electric, which interlocks with

the defense firm GK Technologies, of which former President Ford is


The chairman of Rand Corp. ($50 million research budget annually) is

Donald Rumsfeld, President Nixon’s righthand man in Washington for many

years; president is Donald B. Rice, Jr., served in office of Secretary of

Defense 1967-70, OMB 1969-72, director of Wells Fargo; directors are

Harold Brown, former Secretary of Defense, director AMAX, CBS, IBM,

Uniroyal, and Trilateral Commission; Frank Carlucci, a State Dept. official

since 1950, has served in Office of Economic Opportunity 1969-71, OMB

1971-72, under Sec. HEW 1974-75, Ambassador to Portugal 1975-78, dep. dir

CIA 1978-81, dep. Secretary Defense 1981-84, now chairman Sears World

Trade Corp.; Carla Hills, former Secretary HUD; Walter J. Humann, exec.

vice pres. Hunt Oil Co. since 1976, president Hunt Investment Corp.,

president White House Fellows Institute; Walter E. Massey, physicist, spec. in

atomic weaponry, Argonne Natl Lab, Natl Science Fndtn, Natl Urban

League; Newton Minow, Adlai Stevenson’s law partner, chmn FCC 1961-63,

director Mayo Fndtn, Wm. Benton Fndtn, chairman of board Jewish

Theological Seminary, received George F. Peabody award; Paul G. Rogers,

Congressman from Florida, now partner the influential Washington law firm

Hogan & Hartson; Dennis Stanfill, Rhodes Scholar, chairman 20th century

fund, was with Lehman Bros., now treasurer Times Mirror Corp. Los Angeles,

served as political officer Chief of Naval Opus 1956-59; Solomon J.

Buchsbaum, physicist who came to U.S. 1953, naturalized 1957, pres. Science

Advisory Committee, Bell Labs, chmn Energy Research Board naval research

MIT, Argonne Lab, IBM fellow; William T. Coleman Jr.; Edwin E.

Huddleson Jr. law clerk to judge Hand, Justice Frank Murphy, and the State

Dept.; general counsel Atomic Energy Commission, president Harvard Law

Review; Charles F. Knight, chairman Emerson Electric, defense contractor

controlled by the Symington family, director Standard Oil of Ohio,

McDonnell Douglas; Michael E. May, born in France, physicist at Livermore

Nuclear Lab, National Security Council 1974; Lloyd B. Dforrissette, now

president Markle Fndtn, vice pres. Carnegie Corp., director American Council

on Germany; Don W. Seldin, who was chief of medical services at Parkland

Hospital Dallas when the body of Kennedy was brought in; and George W.

Weyerhauser, director SoCal, Boeing, Federal Reserve Bank of San Francisco,

member of the lumber family.

Because of growing Congressional outcry against the vast expenditures

of the major foundations on behalf of Communist revolutionary causes, the

World Order decided to give the American people some “anti-Communist”

foundations, based in the Hoover Institution on War, Peace and Revolution.

The Hoover group is generally thought to be conservative, but on examining

their personnel and directors, we find the same old international crowd of

Bolsheviks and financiers.

The Hoover Institution was founded at Stanford University, Palo Alto,

Calif. in 1919 with a donation of $50,000 from Herbert Hoover. He had been

a member of the first graduating class at Stanford, founded with a bequest

from Leland Stanford, the Southern Pacific railroad tycoon. His only son,

Leland Stanford Jr. died in a hotel room in Florence, Italy at the age of

fifteen. His grieving mother became the prey of a number of spiritualists, one

of whom persuaded her to start a spiritualist university, founded on such

mystical Eastern teachings, as “The balance between night and day is the

balance of the world”, and “The mainspring of the movement of the world”.

“Life and death is the great secret of immortality.”

Because of the difficulty of organizing these doctrines into a coherent

academic curriculum, Mrs. Stanford was dissuaded from the idea of a

“spiritualist” university, and the present Stanford University then came into

being. Reputedly “conservative”, it has in fact been dominated by Harvard

Liberals for many years.

Herbert Hoover founded the Hoover Institution at the suggestion of

three men, Andrew Dickson White, Daniel Coit Gilman, and Ray Lyman

Wilbur, president of Stanford. Newsweek June 7, 1959 noted that Hoover

said, “In 1915 while head of the Committee on Relief in Belgium, I happened

to read some remarks by President Andrew White of Cornell made at a

conference on the disappearance of contemporaneous documents and fugitive

literature.” Hoover says he resolved to institute a search of Europe after the

war to obtain documents and preserve them in an academic setting. Gilman

and Wilbur aided him in planning this program. Both White and Gilman were

original incorporators of the Russell Trust, which has dominated American

education for a century. Wilbur requested that Hoover install this collection

at Stanford. Wilbur served as director of the Rockefeller Foundation 1923-40,

and General Education Board, 1930-40. His nephew and successor as

president at Stanford, Richard Lyman, is now president of the Rockefeller

Foundation. Wilbur also served as Secretary of the Interior in Hoover’s

Cabinet 1929-33. During this period, he signed the contracts for Hoover

Dam, having thought up that name. The dam was not completed until after

FDR took office; he maliciously ordered his Secretary of Interior, Harold

Ickes, to change the name to Boulder Dam. Hoover points out in his

Memoirs that “two-thirds of the work had been done during the Hoover

Administration, all contracts were let as Hoover Dam, as was customary with

many presidents with works named after them when these works were done

during their administrations; on May 8, 1933, Secretary Ickes, on orders from

Roosevelt changed the name to Boulder Dam.” Roosevelt dedicated the dam

Sept. 30, 1933 without mentioning Hoover or the fact that most of the work

had been done during the Hoover Administration. On March 10, 1947, the

House unanimously voted to change the name back to Hoover Dam. Hoover

wrote to Congressman Jack Z. Anderson, who had sponsored the bill, “When

a President of the U.S. tears one’s name down that is a public defamation and

an insult. I am grateful to you for removing it.”

Because of the importance of the Hoover Institution in the Reagan

Administration, it is important to recap the career of the man who founded

it. As a mining stock promoter in London, Hoover had been barred from

dealing on the London Stock Exchange, and his associate, who apparently

took the rap, went to prison for several years. The incident brought Hoover

to the favorable attention of the Rothschilds, who made him a director of

their firm, Rio Tinto. Chairman was Lord Milner, who founded the Round

Tables, which later became the Royal Institute of International Affairs and its

subsidiary, the Council on Foreign Relations.

In 1916, the promoters of World War I were dismayed when Germany

insisted she could not continue in the war, because of shortages of food and

money. The Czar’s physician, Gleb Botkin, revealed in 1931 that the Kaiser’s

chief military adviser, and chief of his armies on the Russian border, Grand

Duke of Hesse-Darmstadt, risked his life on a secret mission to Russia to

Czarskoe Selo, the Imperial Palace, where he asked his sister, Empress

Alexandra, to let him talk to the Czar about making a separate peace with

Germany. The Empress, fearful of criticism, refused to receive him, and after

spending the night at the palace, he was escorted back to the German lines.

To keep Germany in the war, Paul Warburg, head of the Federal

Reserve System, hastily arranged for credits to be routed to his brother, Max

Warburg, through Stockholm to M.M. Warburg Co. Hamburg. Food

presented a more difficult problem. It was finally decided to ship it directly to

Belgium as “relief for the starving Belgians”. The supplies could then be

shipped over Rothschild railway lines into Germany. As director for this

“relief” operation, the Rothschilds chose Herbert Hoover. His partner in the

Relief Commission was Emilie Francqui, chosen by Baron Lambert, head of

the Belgian Rothschild family. The plan was so successful that it kept World

War I going for an additional two years, allowing the U.S. to get into the “war

to end wars”. John Hamill, author of “The Strange Career of Herbert

Hoover” states that Emile Francqui, director of Societe Generale, a Jesuit

bank, opened an office in his bank as the National Relief and Food

Committee, with a letter of authorization from the German Gov. Gen. von

der Goltz. Francqui then went to London with this letter, accompanied by

Baron Lambert, head of the Belgian Rothschilds, and Hugh Gibson, secretary

of the American Legation in Brussels.

The Report of the National Committee states that “The National

Committee and its subsidiary organizations were not subject to control of the

Belgian Public Administration and neither was it accountable to the Public as

a public authority. The National Committee existed by itself according to the

will of its founders and those who had given it their support. That is why it

was sovereign in the decisions it made and excluded all control of its actions

by the Public.” Hamill says, “From its commencement, the Food Division had

been organized and conducted on a commercial basis. The Commission for

Relief in Belgium raised its sale prices to the National Committee by an

amount equivalent to the profit that had formerly been taken by it. Hoover

referred to this as ‘benevolence’.”

Francqui had previously been a partner of Hoover in the Kaipeng coal

mine swindle in China, which set off the Boxer Rebellion, the Chinese vowing

to kill all “white devils” in China; and the Congo atrocities, where Francqui

was remembered by the sobriquet, “the Butcher of the Congo”. He was an

ideal choice to be partner in a benevolent enterprise.

The National Committee report published in 1919 showed that as of

Dec. 31, 1918 the Committee had spent $260 million. In 1921, trying to make

the accounts balance, this figure was revised upward to $442 million showed

as spent during the same period. However, $182 million was unaccounted

for. In Dec. 1918, Francqui showed expenditure for relief of $40 million, four

times as much as for any previous month, although the war was now over.

On Jan. 13,1932, the New York Times reported widespread attacks on Hoover

in the Belgian press, “that President Hoover, during his Belgian Relief days,

had manifestly been party to a scheme to make money out of Belgium.”

Hoover was then appointed U.S. Food Administrator in Washington.

Although the operation was principally run by Lewis L. Strauss of Kuhn,

Loeb Co., Hoover still depended heavily on his longtime associate, Edgar

Rickard. On Nov. 13, 1918, Hoover sent a letter to President Wilson

requesting authority for Edgar Rickard “to act in my stead” while he was in

Europe. Wilson signed the letter Nov. 16, 1918, “Whereas by virtue of exec.

order Nov. 16, 1918, Edgar Rickard now exercises all powers heretofore

delegated to Herbert Hoover as U.S. Food Administrator.” Rickard assumed

the title of “Acting Food Administrator in Washington” according to a letter

from Herbert Hoover Jan. 17, 1919, “since my departure to come to

conference in Paris.”

The U.S. Food Administration was then split into four divisions, Sugar

Equalization Board, Belgian Relief, U.S. Grain Corp. and U.S. Shipping

Board. On Dec. 16, 1918, Wilson sent a letter to the State Dept. an executive

order, “Please pay at once to the U.S. Food Administration Grain Corp. $5

million from my fund for National Security and Defense.” The order was

referred to the Secretary of Treasury for payment and approved.

Justice Brandeis biography by Mason notes, “Norman Hapgood wrote

Brandeis from London Jan. 10, 1917, ‘Herbert Hoover is the most interesting

man I know. You will enjoy his experience in diplomacy, finance etc. in

England, France, Belgium and Germany !” In early February he talked with

justice Brandeis, who arranged for him to see Senator McAdoo, Wilson’s sonin-

law, leading to Hoover’s appointment as U.S. Food Administrator.

On Jan. 21, 1919, the New York Times noted the Senate debate in

which Hoover was assailed for his proposed $100 million request for aid to

Europe. The plan was criticized by Sen. Penrose and Sen. Gore as one that

would unload the surplus of American meat packers in Europe. Sen. Penrose

asked Sen. Martin, the Democratic floor leader if Hoover “is an American

citizen and has ever voted in an American election ?” Martin retorted, “I do

not propose to be drawn into such an irrelevantism as that”. Penrose then

declared, “I do not believe he is a citizen of the U.S., who has taken no oath

of office, and whose allegiance is in doubt.” The criticism so piqued Hoover

that he signed a letter of resignation reciting his “four years of public service

without remuneration.” It was never submitted and turned up many years

later in the personal papers of his assistant, Lewis L. Strauss.

The New York Times noted Sept. 4, 1919 that Edgar Rickard had made a

speech at Stanford Univ. vigorously promoting the League of Nations.

Hoover and Col. House were also working together to obtain Senate approval

and public approval for Wilson’s League of Nations plan.

The members of the Commission for Relief in Belgium team have

subsequently played a very prominent role in the history of the U.S. Hoover

became Secretary of Commerce and later President of the U.S. A team from

Hoover Institution moved into Washington in 1980 as the vanguard of a

“conservative” administration. Prentiss Gray, Hoover’s assistant in U.S. Food

Administration, became president of J.Henry Schroder Banking Corp. in

1922. Julius H. Barnes, another Hoover associate, became Chairman of J.

Henry Schroder Bank. Perhaps a surplus of “relief funds” subsequently

purchased a number of American corporations. Barnes became president of

Pitney Bowes, Pejepscot Paper, General Bronze, Barnes-Ames Corp.,

Northwest Bancorporation, and Erie & St. Lawrence Corp. Edgar Rickard,

Hoover’s partner since they launched a magazine in 1909 to promote their

mining stocks, had been honorary secretary of Commission for Relief in

Belgium; he now became president of Androscoggin Water Power Co.,

president Belgo-American Trading Co; vice pres. Erie & St. Lawrence Corp.;

president Hazard Wire Rope Co., president Hazeltine Corp.; vice pres.

Intercontinental Development Corp., president Latour Corp., president

Pejepscot Paper Co., and vice president Pitney Bowes Co., chairman Wood

Fibre Board Corp. Robert Grant of the U.S. Food Administration became

director of the U.S. Mint in Washington. Prentiss Gray became vice pres.

British American Continental Corp., Electric Shareholdings Corp.,

Hydroelectric Securities Corp., Manati Sugar Corp., St. Regis Paper, Swiss

American Electric, Prudential Investors, International Holdings and

Investment Corp., the last two being companies controlled by Societe

Generale and Francqui. These investment firms were organized by Belgian

capitalist Capt. Alfred Loewenstein, who mysteriously vanished from his plane

while flying over the English Channel.

While his closest advisers pursued their multi-million dollar careers,

Herbert Hoover remained dedicated to his ideals of public service. He

became Secretary of Commerce, and chose as his secretary Christian A.

Herter, who had been his secretary at the Belgian Relief Commission, 1920-

21, and had also been secretary of the American Commission to Negotiate

Peace. He was secretary to Hoover 1919-24 at Commerce; he married into

the Pratt family of Standard Oil, who gave their Manhattan mansion as

headquarters for the CFR, and he was later appointed Secretary of State.

Charles Michelson wrote of Hoover’s career at the Dept. of

Commerce, in “The Ghost Talks”, 1944, “Officially, Mr. Hoover was ever a

promoter. When he took over the Dept. of Commerce, it was a reasonably

modern organization. He took the Bureau of Mines from Interior. He

dipped into the State Dept. when he realized his idea of commercial agents

abroad, and left the old commercial attaches of our legations jobless. It was

not by accident that he builded for his department the hugest and perhaps the

most lavishly furnished palace that housed a branch of the government.”

One of Hoover’s most notable deeds, as Secretary of Commerce, was

his award of the Hazeltine radio patents to his partner since 1909, Edgar

Rickard, a gift conservatively estimated to be worth at that time one million

dollars. When Hoover organized his campaign for the presidency, he gave as

his personal address Suite 2000, 42 Broadway N.Y. Suite 2000 was also listed

as the office of Edgar Rickard. It was also the address of Hoover’s erstwhile

accomplice in the U.S. Food Administration, Julius H. Barnes, chairman of

the Schroder Bank, which was to soon win notoriety as Hitler’s personal bank.

Although “Wild Bill” Donovan had served Hoover faithfully for four

years while he sought the nomination to the Presidency, Hoover did not

hesitate to cast him aside when he became a political liability because of his

Catholic religion. The New York Times noted June 17, 1928, “W.A. Bechtel

of San Francisco sent a congratulatory telegram to the nominee, ‘In behalf of

the construction industry we congratulate the Republican Party on its

selection of a candidate for chief Engineer of the greatest business in the

world for the next four years, one of our fellow Californians who has shown

yourself deserving of this great honor.”

Hoover was soon preparing contracts for the largest public work of

that time, the Hoover Dam, of which Bechtel was to become the chief


Despite his charitable preoccupations, Hoover still engaged in free

enterprise. On Dec. 7, 1919, he and his partner Julius H. Barnes had bought

the Washington Herald; it was later acquired by the Patterson-McCormick

family, and still later, by Eugene Meyer, who promptly closed it down. Barnes

also bought the Penobscot Paper Co. for $750,000 in 1919; he happened to

have some extra cash on hand. The New York Times Jan. 28, 1920 that Col.

House was busily developing a boom at Austin, Texas for Hoover as

President, with the aid of some British friends. The Times further noted Jan.

28, 1920 that the British Government denied that Lord Grey was taking part

in the Hoover boom.

At a dinner at the Hotel Commodore, April 23, 1920, Julius Barnes and

Herbert Hoover were the guests of honor. The keynote speaker announced

that the name of Herbert Hoover was “known throughout the civilized


From the time that White, Gilman and Wilbur persuaded Hoover to

gather documents for the Hoover Library, much support was made available

from official sources. Even then, no one was sure just how World War I had

gotten started. It was to someone’s interest to see to it that as many pertinent

and secret documents from the warring powers should be gathered in one

place, gone over and, if necessary, secluded from prying eyes. Hoover was

able to call upon Gen. Pershing to provide hundreds of Army officers to aid

him in his quest. In his Foreword to The Special Collection of the Hoover

Library, Hoover says that he recruited 1500 officers from the American Army,

and the Supreme Economic Council, and sent them to all parts of Europe.

The New York Times Feb. 5, 1921 says that Hoover had as many as 4000

agents in Europe, going from country to country to gather these documents.

Even in those pre-inflationary times, the cost of maintaining 4000 agents in

Europe must have been prohibitive. No one has ever found out who was

paying them. Also, many of the documents were purchased outright. The

only expenditure Hoover ever made public was the original $50,000 he had

given in 1919 to establish the library. Who spent millions of dollars to put

this collection together ? It is most unlikely that Hoover would have parted

with such sums, but no one has ever admitted putting any money into this


The Times noted in the Hotel Commodore story that Hoover, a

member of the first graduating class at Stanford, had presented the school

with a collection of 375,000 volumes. It included the most valuable collection

of secret Bolshevik records in existence, among them, the lists of the original

district Soviets, which had been bought from a doorkeeper for $200. The

Times noted that the Soviet Government had no copies of these rare archives

! Times, June 30, 1941, noted that the Bolsheviks had allowed Hoover to

remove 25 carloads of material, at a time when Russian refugees were

permitted to leave only with the clothes on their backs. The solicitude for

Hoover’s collection may have been influenced by the fact that he had saved

the infant Bolshevik regime from extinction by rushing large quantities of

food to them.

Hoover’s collection also included the complete secret files of the

German War Council during World War I, a gift from President Ebert; Mata

Hari’s diary, and sixty rare volumes from the Czar’s personal library. Many of

the collections were permanently sealed. Time noted that the Hoover

Institution contained 300 sealed collections, which no one has ever been

allowed to examine.

One can only speculate whether interested parties, perhaps the

Rothschilds, Hoover’s employers, determined at the close of World War I, to

remove the secret documents of Europe’s warring nations to some far-off

place, such as the West Coast of America, to lessen their political liability,

damaging evidence of various acts of collusion. The initial organization of the

material was done by a Stanford professor of history, Ehpraim D. Adams

(1865-1930). Adams and his wife were installed in an office in Paris May 22,

1919, to receive the first shipments of documents. Other offices were opened

in Berlin, London, and New York. Aiding Adams were Dr. Alonzo Engelbert

Tyler, who had been educated at the University of Berlin, served on War

Trade Board 1917-19, and staff member of Stanford Food Research Institute;

Dr. Carl Baruch Alsberg, also educated at University of Berlin, worked for the

Dept. of Agriculture; and Dr. Joseph Stancliffe Davis, a Harvard professor of


The advisory committee of the original Hoover Library consisted of

Dr. James R. Angell, president of Yale, and president Carnegie Corp.; Dr. J.C.

Merriam, educated at the University of Munich, chmn Natl Research Council,

and Carnegie Institution; Herbert Hoover; and Julius H. Barnes.

Prof. Adams was Director of the Hoover Library 1920-25. He was

succeeded by Ralph H. Lutz, who headed the library from 1925-44. Lutz had

served on the Supreme Economic Council, Paris under Bernard Baruch 1918-

19. In 1910 he received a Ph.D from the University of Heidelberg. He had

taken his undergraduate degree from Stanford 1906. He had served as vice

chmn Hoover Library under Adams 1920-25. Harold H. Fisher was director

Hoover Library 1944-52. He had been deputy director of American Relief

Administration and its chief historian under Hoover 1920-24. He was

professor of history at Stanford Univ. from 1933 on, becoming emeritus in

1955, director of Hoover’s Belgian American Educational Foundation 1943-

64, and chairman of the Pacific Council of IPR 1953-61 during the period

when the FBI arrested a number of IPR executives and charged them with

espionage. While chairman of IPR, Fisher continued to give his mailing

address as Hoover Institution, Stanford University. The New York Times

noted Oct. 29, 1929, that Hoover, as President of the U.S., had sent greetings

to the IPR meeting, “My best greetings and wishes”.

The next director of the Hoover Institution was C. Easton Rothwell,

1952-60; he had been chairman of research at the Hoover Institution 1947-

52. From 1941-46, he served as chief of spec. research and political affairs,

Dept. of State; he was exec. sec. UN Conference at San Francisco 1945 under

Alger Hiss; was on the staff of Brookings Institution 1946-7, staff of the Natl

War College 1951, delegate to Fulbright Conference, Cambridge England


In 1960, the library, now known as the Hoover Institution on War,

Revolution and Peace, was headed by Wesley Glenn Campbell, who is still its

director. Born in Ontario, Campbell took his degree from Harvard 1946,

PH.D. 1948, and taught there in the Economics Dept. five years. He became

economist for the Chamber of Commerce 1951-54, American Enterprise

Institute, 1954-60, when he became head of Hoover Institution. He is

director of Hoover’s Belgian American Education Foundation, and the super

secret Mont Pelerin Society, which publishes no information about its

meetings. Campbell married Rita Ricardo, who continues to use her maiden

name. She is a direct descendant of the famed economist, David Ricardo,

whose theory of rent was appropriated by Karl Marx. Ricardo also originated

“the law of wages”, which states that workers must be limited to a bare

subsistence wage, the amount controlled by “taxation”. Ricardo also regarded

workers as mere producers of “labour-time”, a theory which Marx adopted as

basic to his concept of labour. It embodies the classic parasitic view that the

host exists only to produce sustenance for the parasite, and has no right to the

products and gains of his own labour. An article in “CHANGE”, Oct. 1981

states that Rita Ricardo “helped shape Reagan’s thinking on social security and

national health insurance”, both of which are applied as taxation on the

worker’s income.

In 1964, Campbell and other Hoover personnel were the chief advisers

of the Goldwater campaign; within two decades they had become the most

influential policy-makers at the White House.

The New York Times Index for the period of Hoover’s presidency, 1929-

33, contains no references to either Stanford of the Hoover Library. On June

23, 1933, the Times noted that the ex-President would maintain an office at

Stanford. Instead, he took a suite at New York’s Waldorf Astoria, and spent

the remainder of his life there. Although he was rarely seen at the Hoover

Institution, he presided over the annual gatherings of the West Coast

powerhouse, Bohemian Grove, and was viewed as its reigning figure.

The New York Times March 24, 1935 referred to “Hoover’s Palo Alto

Brain Trust”, although the Brain Trust did not take power in Washington until

1980. On June 30, 1941, a new 14 story, 210 ft. building, costing $1.2 million,

was dedicated for the Hoover Institution at Stanford by President Seymour of

Yale, a Romanesque tower housing some 5 million documents, many of them

sealed. The Saturday Evening Post, Mar. 11, 1950, noted that Edgar Rickard,

director of Hoover Institution, had raised $600,000 in 1937 towards the cost

of the new building.

Hoover stated that the purpose of the library was “to expose through

research the inequities of Communism”, although he had originally written it

as “to demonstrate the evils of the doctrine of Karl Marx.” A later president

of Stanford, Wallace Sterling, re-edited this in 1960 to read “to expand human

knowledge, that human welfare may thus be enhanced”, a classic example of

Orwell’s “Doublethink”. Sterling explained this act of censorship by claiming,

“We cannot have research with predetermined conclusion”. Sterling, also

born in Ontario, had been a member of the Hoover research staff from 1932-

37, was awarded the Hoover Medal. He was with the Ditchley Foundation

1962-76, and has served on the staff of HEW and the Natl War College.

On July 21, 1957, the Hoover Library officially changed its name to

Hoover Institution on War, Peace and Revolution. It receives funding from

Lilly, Pew, and Volker Funds, and the Sarah Mellon Scaife Foundation. Ford

Foundation gave it $255,000 in 1953. On July 6, 1943, the Lilly Fund had

financed a three day conference at the institution for Bertram Wolfe, New

York, Raymond Aron, France, and Richard Lowenstein of Berlin. All of these

beneficiaries were old line liberals.

In 1927, because of Wilbui s directorship there, the Rockefeller

Foundation gave the Hoover Library $200,000 for Slavic Studies. The

Carnegie Corp. also gave $180,000. On Jan. 7, 1975, President Ford signed a

$30 million scholarship bill; tacked onto it was a $7 million grant to the

Hoover Institution. The Dept. of justice gave the Hoover $600,000 to study


Stanford University’s campus is world headquarters for Hewlett-

Packard and the multi-billion electronics industry. The 8800 acres of

Stanford’s campus was originally Leland Stanford’s Palo Alto Stock Farm,

which he endowed with some $20 million. The campus houses a $105 million

Atomic Energy Commission laboratory built through the influence of L.L.

Strauss, chairman of AEC and director of Hoover Institution. Two thousand

acres have been set aside for rental units. A shopping center on the campus

pays $500,000 rent annually. The 300 acres Stanford Research Park houses

the world headquarters of Hewlett-Packard. In 1912, Lee de Forest invented

the vacuum tube in Palo Alto, launching the radio industry. Prof. Louis

Terman of Stanford invented the Stanford-Binet IQ test; his son Fred

became professor of electric engineering at Stanford, and persuaded two of

his students, Bill Hewlett and Dave Packard, to start an electronics concern.

Hewlett-Packard now has $4.4 billion annual sales, 68,000 employees. Fortune

says Bill Hewlett is worth $1.045 billion, Dave Packard is worth $2.115 billion.

Prof. William Shockley invented the transistor here, launching the

Silcon Valley complex. His invention was later taken over by Fairchild

Semiconductor, which is now owned by Schlumberger Inc. Shockley received

little or nothing for his discovery.

Stanford received $3 million from the Ford Foundation for a medical

center, and in Sept. 1959, the Ford Foundation gave Stanford $25 million, its

largest gift to any educational institution. The New York Times noted on

Oct. 10, 1977, that Stanford “known as the Harvard of the West”, had

completed a $300 million fund-raising campaign headed by Arjay Miller,

former president of Ford Motor Co. The Harvard influence has always been

strong at Stanford and the Hoover Institution. Donald Kennedy, who

became president of Stanford in 1980, married Jeanne Dewey, took his AB.,

MA., and PH.D. from Harvard, and served on the Harvard Board of

Overseers from 1970-76. He was Commissioner of Food & Drugs under

President Carter 1977-79, before becoming president of Stanford.

Stanford has other important real estate holdings. Time, Jan. 14, 1966

noted that Stanford has a German castle at Beutelsbach, a villa in Florence, a

hotel in Tours, and occupies Harlaxton Manor, a 365 room stone mansion in

Lincolnshire leased to Stanford by the Jesuits.

The Guide to the Hoover Institution, published in 1980, notes that Rita

Campbell is Archivist; Robert Hessen is Deputy Archivist. The collection is

composed of 24% North America, 26% Russia and Eastern Europe; 27%

Western Europe, and 1.8% Latin America. Page 5 of the Guide notes that the

collection was inspired by two historians, Andrew D. White, president of

Cornell, and Ephraim Adams of Stanford. No. 2358 in the collection is the

Paris files of the Czarist Secret Police; No. 2373, the files of the Imperial

Russian Okhrana (secret police); No. 2382, a list of the atrocities committed

by Soviet political agents in Kiev.

On June 25, 1962, Alfred Kohlberg (known as the head of the China

Lobby) died; he left 15 cabinets of papers which are restricted until 1991.

The Max. E. Fleischmann Foundation spent $250,000 for Boris Nikolaevsky’s

40-year collection of Russian documents, which were then presented to

Hoover Institution. The Hoover collection also includes the personal diaries

of Joseph Goebbels and Heinrich Himmler, the files of Basil Malakoff, Soviet

Ambassador in Washington 1919-26, the files of the Bank for International

Settlements, and the official Japanese records of the attack on Pearl Harbor.

In 1966, Alan H. Belmont joined the Hoover as exec. asst. to the

director. He had formerly been with the FBI 1936-65, serving as personal

assistant to J.Edgar Hoover. Also at the Hoover was Stefan Possony,

educated at the University of Vienna, came to the U.S. in 1940, was advisor to

the War Dept. 1943-46, and was appointed director of international political

studies at the Hoover in 1961.

In 1963, the directors of the Hoover Institution included Richard

Amberg, publisher of the St. Louis Post-Dispatch; Clarence Bamberger,

mining engineer; William J. Baroody, who had founded the American

Enterprise Institute, and was chairman of the Woodrow Wilson International

Center for Scholars; Karl R. Bendetsen, chairman of Champion Paper, was

special War Dept. representative to Gen. MacArthur 1941, spec. adviser to

Secretary of the Army, asst. Secretary of Defense 1948-52, chairman of the

Panama Canal Co., and Ambassador to West Germany and the Philippine

Islands; James B. Black Jr. of Lehman Bros; Arthur Curtice, churn General

Motors; Paul L. Davies Jr. who directed the evacuation of the Japanese from

the West Coast to concentration camps in 1941, heads leading West Coast law

firm of Pillsbury Madison & Sutro, partner Lehman Bros., director of IBM,

Southern Pacific and Caterpillar; Northcutt Ely, Washington lawyer who

represented Sec. Wilbur in negotiating the contracts for Hoover Dam 1930-

33; Richard E. Guggenhime, president of Rosenberg Foundation; Harold H.

Helm, chmn Chemical Bank, director of Westinghouse, Uniroyal, Colgate,

Woolworth, Bethlehem Steel, Equitable, McDonnell Douglas, and Cummins

Engine; John A. McCone of Bechtel-McCone 1937-45, Und. Sec. AF 1950-

51, Chmn AEC 1958-60, director CIA 1961-65; N. Loyall McLaren, president

of the billion dollar James Irvine Foundation, was treasurer of the UN

Conference at San Francisco 1945 under Alger Hiss, was also appointed to

Allied Commission on Reparations 1945; Jeremiah Milbank, New York

financier, head of the Milbank Foundation and director Chase Manhattan

Bank; George C. Montgomery, chairman of Kern County Land Co.; William

I. Nichols, publisher of THIS WEEK, served with War Production Board

1942-45; David Packard, chmn Hewlett-Packard - his personal fortune

increased by $1 billion in 1983; Richard M. Scaife, vice pres. Mellon Natl

Bank; Adm. L.L. Strauss, of Kuhn, Loeb Co., chmn AEC 1946-50, lists

himself in Who’s Who as “financial adviser to Messrs Rockefeller”;

R.Douglas Stewart, president Quaker Oats; Gardner Simonds, chmn Tenneco,

Kern County Land Co.; Robert C. Tyson, chmn U.S. Steel, director Chemical

Bank, Uniroyal; Thos. J. Watson Jr. chmn IBM, director Rockefeller

Foundation; Stephen Duggan chmn. emeritus Institute of International

Education – father of late Laurence Duggan who died mysteriously, member

of World Peace Foundation, League of Nations Association; John Foster

Dulles; Anson Phelps Stokes, of the Institute of International Education,

director General Education Board; Harold H. Swift, chmn Swift Packing Co.

churn War Finance Committee Dept. of Treasury 1941-44; Augustus

Trowbidge, intelligence director of American Exped. Force under Pershing in

World War I.

In 1980, the directors of Hoover Institution included Bendetsen, Black,

Philip Habib, of Bechtel, and Reagan’s Special Ambassador to the Middle

East; Henry T. Bodman, chairman Natl Bank of Detroit, director and vice

chmn American Enterprise Institute-his son Richard served with the Treasury

Dept., was Asst. Sec. Interior, now president of COMSAT; David Tennant

Bryan, married into the Harkness family, chmn Media General; Willard C.

Butcher, former chmn Chase Manhattan, now director American Enterprise

Institute; Joseph Coors, director Heritage Foundation; Charles A. Dana Jr.,

director Manufacturers Hanover Trust, Dana Foundation; Shelby Cullon

Davis, was with CBS 1932-34, economic adviser to Dewey in his Presidential

campaigns, Ambassador to Switzerland 1969-75, trustee of Princeton,

Heritage Foundation; Maurice Greenberg, president American International

Group; Alan Greenspan, president Economics Advisers since 1981,

consultant to U.S. Treasury and Federal Reserve Board 1971-74, director

Time, General Foods, J.P. Morgan, Morgan Guaranty Trust; Bryce Harlow,

asst. to President of U.S. 1959-61, and 1969-70, now Washington lobbyist for

Proctor & Gamble; A. Carol Kotchian, president Lockheed; J. Clayburn La

Force, dean of Graduate School of Management Univ. of California, Fulbright

scholar, director Natl Bureau of Economic Research, Mont Pelerin Society;

William B. Macomber Jr., president Metropolitan Museum, was with CIA

1951-53, spec. asst. for intelligence at State Dept. 1953-54, spec. asst. to Und

Sec. State Herbert Hoover Jr. and Sec. of State John Foster Dulles 1955-57,

Ambassador to Teheran and Jordan; Emil Mosbacher Jr. known as

“Kingmaker”, was chief of protocol State Dept. 1969-72, director Chubb,

Chemial Bank, Avon, AMAX – his brother Robert was nat. chmn Bush for

President, chmn Gerald Ford’s unsuccessful election campaign, co chmn

Republican Natl Committee; David Packard, of Hewlett Packard, American

Enterprise Institute; Donald Rumsfeld, pres. Rand Corp., pres. G.D. Searle,

asst to Pres. Nixon 1969-73, perm. rep. to NATO 1973-74, director of Sears,

and Institute of Strategic Studies, London.

Although the “butcher paper weeklies” such as The Nation issue grim

warnings that the Hoover Institution is deeply engaged in the practice of

“cold war anti-Communism”, the New York Times has noted that the Hoover

is surprisingly liberal. Its longtime senior fellow is Sidney Hook, oldline

Socialist who keeps a portrait of George Meany on his office wall; Seymour

Martin Lipset, longtime liberal closely identified with the offices of

Democratic Senators Henry Jackson and Daniel Moynihan, taught at Harvard,

Univ. of Calif., received the Gunnar Myrdal Prize 1970, nat. chmn B’Nai

B’Rith Hillel and United Jewish Appeal; John Bunzel, Democratic liberal now

associated with the Libertarian Party; Stanley Fischer, liberal from MIT;

Joseph Pechman, the Hoover Institution resident tax expert–he had been tax

expert at Brookings Institution Washington for many years before coming to

Hoover; other resident liberals are Dennis J. Dollin, Theodore Draper and

Peter Duignan. Lipset was quoted in an interview in the New York Times as

follows: “Over half the senior fellows here are not rightwingers, not even

conservatives; they are leftwing Democrats and Socialists.”

These are the architects of Reagan’s “rightwing” administration, the

usual flimflam in which the same tired old Marxists are trotted out as the

inspired libertarians of a world run by the “Hard Right”! The head of

Reagan’s Presidential Transition Team on cabinet appointments in 1980 was

W. Glenn Campbell, Harvard graduate and head of Hoover Institution;

Reagan’s adviser on social security was his wife, Rita Ricardo Campbell. More

than half of the Hoover staff went to Washington with Reagan. Richard Starr

and Peter Duignan were his advisers on foreign policy; Duignan had received

fellowships from Ford, Rockefeller, & Guggenheim; Thomas Gale Moore

was Reagan’s expert on energy policy; Paul Craig Roberts became asst. Sec.

Treasury; Richard V. Allen, who had been on the staff of the Hoover

Institution since 1966, served on National Security Council 1969, dep. asst, to

the President 1969-70, now became Reagan’s asst. for national security

affairs; Martin Anderson, senior fellow at Hoover Institution 1971-81,

became Reagan’s asst for policy development; he thought up the ridiculous

boondoggle of “Urban Enterprise Zones”.

One of the “Hoover Hotshots” on Reagan’s team was described in

Omni March 1984 Continuum : “Honegger Hotline: Pres. aide Barbara

Honegger was hired by Martin Anderson at Hoover Institution while writing a

book on the draft; she wore a scarab necklace and was the first graduate in

experimental psychology at John F. Kennedy University, Olinda, Calif.; she

had advised Reagan to decide against underground shells of MX missiles

because psychics would target them; she had him put 5500 additional

warheads on our 33 nuclear submarines because psychic brainwaves are

absorbed by the churning sea. Despite Anderson’s protests, she was finally

ushered out of the White House.” So much for “the Extreme Right” in

scarab necklaces and dodging psychic brain waves.

Campbell’s Presidential Transition Team spent $l million from donors

plus $2 million provided by Congress, but could not get a single “rightwinger”

installed on Reagan’s staff. The largest payment went to longtime liberal

Joseph Califano, who was paid 886,047.93 for representing Alexander Haig at

his Senate confirmation hearings as Secretary of State. “Rightwinger” Haig

said Califano was an oldtime friend. The deputy director of the Transition

Team, Verne Orr, served as comptroller of the Reagan campaign, and is now

Secretary of the Air Force.

Seymour Martin Lipset, who voted for John Anderson in 1980, took a

survey of the 25 Hoover fellows in 1984; he found 11 Democrats, 10

Republicans, 3 independent, and one who was not a citizen. The Three

Honorary Fellows of Hoover Institution are Ronald Reagan, Alexander

Solzheinitsyn, and Frederick von Hayek. Reagan is in Washington,

Solzheinitsyn lives in Vermont; von Hayek is retired in Salzburg. None of

them has any connection with the administration of the Hoover Institution.

Reagan has already donated his papers to the Hoover Institution.

In June, 1981, Hoover Institution held a gala reception at the Sheraton

Carlton in Washington, with many White House officials present. They

effectively short-circuited all of Reagan’s campaign promises for lower taxes,

decreased government spending, and the goal of “getting the government off

of our backs”.

The present star of the Hoover Institution is Milton Friedman, who is

credited with bringing economic disaster to Chile, Israel, the United States,

and other countries in which his “monetarist” theories have been introduced.

Friedman’s “monetarism” is the same old bankers’ swindle of endless creation

of more interest bearing debt money, requiring ever increasing taxes merely to

meet the interest payments. He and Jack Kemp are now pushing for a “flat

tax” to lock Americans into a tax corral from which they can never hope to

escape. Friedman came to the Hoover in 1977 as senior research fellow,

simultaneously accepting a post as economic consultant to the Federal

Reserve Bank of San Francisco. He and his consort, Murray Rothbard,

dominate a closely interlocked network of “hard money” “conservative”

groups, which includes the Heritage Foundation, Mont Pelerin Society, Cato

Institute, Ludwig von Mises Institute, and American Enterprise Institute,

which hold banquet meetings, always with no visible result. Their mentor is

the late Ludwig von Mises, born in Austria, and founder of “the Austrian

School of Economics”, who taught at New York University from 1946 until

his death. The Institute is now run by his widow, Margit Herzfeld, to whom

President Reagan said, at a testimonial dinner for her husband, “You don’t

know how often I consult the books of your husband before making a

decision.” She still doesn’t know.

At the age of 16, Milton Friedman became the protege of Arthur Burns

at Rutgers and Columbia. Their economic principles stemmed from the

“Viennese School” founded by Karl Menger and Eugen von Bauwerk.

Merger taught von Hayek, Eric Voegelin and Fritz Machluys. At that time.

Vienna was dominated by the House of Rothschild, which had controlled the

national debt of Austria since the Congress of Vienna in 1815. Austria’s Tyrol

silver mines were owned by the Rothschilds, as were her railways. Empress

Elizabeth’s closest friend was Julie de Rothschild, sister of Baron Albert, head

of the Austrian House. Count Richard Coudenhove-Kalergi, who founded

the Pan European Union, was named after Richard Wagner, one of whose

students was Gustav Mahler. Mahler’s studies with Wagner were funded by

Baron Albert de Rothschild. Coudenhove-Kalergi’s father was a close friend

of Theordor Herzl, founder of Zionism. Goudenhove-Kalergi writes in his

Memoirs, “At the beginning of 1924, we received a call from Baron Louis de

Rothschild; one of his friends, Max Warburg from Hamburg, had read my

book and wanted to get to know us. To my great surprise, Warburg

spontaneously offered us 60,000 gold marks, to tide the movement over for

its first three years .... Max Warburg, who was one of the most distinguished

and wisest men that I have ever come into contact with, had a principle of

financing these movements. He remained sincerely interested in Pan-Europe

for his entire life. Max Warburg arranged his 1925 trip to the United States to

introduce me to Paul Warburg and financier Bernard Baruch.”

In Chicago, Jane Adams of Hull House had been for five years a

protege of Beatrice Webb, founder of the Fabian Society. In 1892, the

University of Chicago was organized as the center of the Fabian Socialist

program in America, with J. Laurence Laughlin, spokesman for the Cobden

Club’s “free trade” program in England; Laughlin later became Paul

Warburg’s chief propagandist to stump for the passing of the Federal Reserve

Act. John Dewey became head of the sociology dept. at the Univ. of Chicago;

Wesley Clair Mitchell was head of the economics dept. In 1913, they moved

to Columbia University. They were later hired by Baruch at the War

Industries Board, and prepared all the statistics for American representatives

at the Versailles Peace Conference. In Feb. 1920, Mitchell met with the rest

of the staff of Baruch’s War Industries Board in New York with a Round

Table group financed by Kuhn Loeb & Go. and Lazard Freres, to found the

Natl Bureau of Economic Research, of which Mitchell became director. His

protege was Arthur Burns, later chmn of the Natl Buro, chmn Federal

Reserve Governors, partner of Lazard Freres, and U.S. Ambassador to West


Burns then brought in his protege, Milton Friedman, who has proposed

that we legalize the sale of dope to raise $100 billion a year for the GNP.

Wesley Clair Mitchell’s career was devoted to uniting the Austrian and

British schools of economics in a single force to direct the American

economy. He achieved success through the careers of his proteges, Burns and

Friedman, who offer us the “flat rate” tax to pay interest on their bankcreated

debt money. It is the ancient European system introduced by the

House of Rothschild to loot national economies by the rentier system of

national debt.

A keystone of the Friedman-Burns network is the Mont Pelerin

Society, a secretive group of economists which meets every two years, but

issues no findings or recommendations. These supposedly conservative hard

money economists first met at Mont Pelerin, Switzerland in 1997 to oppose

the leftwing statist economists who had dominated the field for fifty years.

They were led by Frederick von Hayek, a graduate of the Viennese school of

economics, who became a British citizen in 1938. He was Tooke prof. of

economics, Univ. of London 1931-50, prof. of social and moral science at the

Univ. of Chicago 1950-62, and prof. of economics Univ. of Freiburg 1926-69,

when he retired to Salzburg. He was a disciple of Ludwig von Mises, who

taught Henry Hazlitt, another founder of Mont Pelerin. Hazlitt reported the

founding meeting in Newsweek, Sept. 25, 1961, listing among those present

Jacques Rueff, economic director of France, Pedro Beltran, president of Peru,

Sen. Luigi Einaudi, prof. economics at Turin 1901-35, Governor of the Bank

of Italy 1945-48, president of Italy 1948-55; Dr. Ludwig Erhard, Economic

Minister of Germany, director of World Bank; Wilhelm Roepke, Erhard’s

economic adviser; Trygve Hoff, Norway; Muller-Armack and William

Rappard of Germany; Ludwig von Mises; Frank Knight; Milton Friedman

and Henry Hazlitt.

In 1962, the Mont Pelerin Society met at Knokke, Belgium, announcing

that “The Mont Pelerin Society takes no formal action, passes no resolutions,

and seeks no publicity.” In 1970, the Society met in Munich, where Milton

Friedman was elected president. Present were Wesley Campbell and Martin

Anderson from the Hoover Institution. In 1974, 300 members of the Society

met at Brussels, where they were addressed by Milton Friedman and his

protege Murray Rothbard. Rothbard was sponsored by the Cato Institute, a

“conservative” group whose director, Earl C. Ravenel, is also director of the

Institute for Policy Studies, the leftwing policy-making organization founded

by James Paul Warburg. Cato is funded by Charles Koch of Kansas, head of

Koch industries, who amassed a fortune of $700 million. He also funds the

Libertarian Party, which calls for opening U.S. borders to all illegal

immigrants, legalizing of drugs, and other alarming recommendations. Koch

funds these groups through his bank, Morgan Guaranty Trust of N.Y. Cato

gave a two year grant to Rothbard to write a book, “For a New Liberty”,

which says, “Before World War II, so devoted was Stalin to peace that he

failed to make adequate provision against Nazi attack.” Rothbard should have

said, “So devoted was Stalin to murder that he killed most of his Army

officers, leaving him vulnerable to Nazi attack.” Rothbard asserts that the

U.S. is imperialist and war-mongering, while the Soviet Union is peace-loving,

rational and misunderstood ! The Cato Institute magazine Inquiry lists 9 staff

writers, among them Natl Hentoff of the Village Voice, Marcus Raskin, head

of the Institute for Policy Studies, and Penny Lernoux, correspondent of the

Nation, all of whom would be hurt if they were not described as extreme


In 1975, George Roche III, who had become a member of the Society

in 1971, hosted the meeting at Hillsdale College, of which he is president.

William Buckley, also a member, addressed the group with a routine

encomium for von Hayek.

In 1980, the Mont Pelerin Society met at the Hoover Institution, with

600 members and guests present. Ralph Harris was guest speaker. As

Margaret Thatcher’s director of economics, he had been made Baron Harris

of High Cross in 1979. Count Max Thurn, permanent secretary of the

Society, also addressed the meeting. He is a member of the wealthy Thurn

und Taxis family, closely related to the British royal family.

The Encyclopaedia of Associations lists the Mont Pelerin Society c/o

Edwin Feulner, treasurer, Box 7031, Alexandria, Va; secretary Dr. Max Thurn,

Elizabethstrasse 4, Vienna. Feulner is president of the Heritage Foundation,

served as confidential asst. to Secretary of Defense 1969-70; adm asst. Phil

Crane 1940-44, public affairs fellow Hoover Institution 1965-67, chmn

Institute Europan Strategy and Defense Studies London since 1979.

Heritage Foundation, part of the network of “conservative” groups,

sponsored Reagan’s posthumous award of the Medal of Freedom to

Whittaker Chambers in March 1984. Its directors are Shelby Cullom Davis,

director of Hoover; Joseph Coors, director of Hoover; Midge Decter, exec.

director Committee for a Free World; her husband is “neo-conservative”

Norman Podhoretz, editor of Commentary magazine; Robert Dee, chmn

Smith Kline drug firm, director United Technologies with William Simon;

William Simon, director Citibank, former Secretary of the Treasury; Lewis E.

Lehrman, head of the Lehrman Institute; John D. Wrather, heir to an oil

fortune, head of the entertainment conglomerate Wrather Inc. and director of


Feulner claims that Heritage cooperates with more than 400 groups in

the U.S. and 100 overseas. Honarary chairman is Frank Shakespeare.

Chairman of the editorial board is David Meiselman of the Mont Pelerin

Society. Richard Reeves mentions in the N.Y. Times Magazine, July 15, 1984,

“Edwin J. Feulner is president of the Heritage Foundation, one of the right’s

most productive idea factories.” He failed to cite a single “idea” produced by

this factory. The star of Heritage and its closely affiliated American

Enterprise Institute is Jeane Kirkpatrick, U.S. Ambassador to the UN. She is

routinely mentioned in terms of fulsome praise such as the Communist Party

used to reserve for Stalin; National Review gushes over her, and also raves

about “the ever gallant, charming, freedom-loving Friedmans” whose “energy,

lucidity and patience” awes Buckley’s propagandists.

Jeane Kirkpatrick has been prof. at Georgetown Univ. since 1967, chief

of research American Enterprise Institute since 1977, director of Center for

Strategic and International Studies at Georgetown. She is the wife of veteran

intelligence operative Evron Kirkpatrick, OSS 1945, intelligence specialist

Dept. of State 1946-54 as chief psychological intelligence research staff

specializing in behavioural science (people control). He has been head of the

American Political Science Association since 1954, and is president of the

American Peace Society which publishes a quarterly called World Affairs.

The American Enterprise Institute was founded by William J. Baroody

and Milton Friedman in 1943; Baroody left in 1978 to take over the 87

million a year Center for Strategic and International Studies at Georgetown.

His son, William Jr. former adviser to President Nixon, took over AEI and its

staff of 150. Jr. was adm. asst Congressman Melvin Laird 1961-68, who then

became Secretary of Defense; Baroody was spec. adviser at Defense 1969-73,

spec. adviser to the President of the U.S. 1973-74, and is chairman Woodrow

Wilson International Center for scholars. Directors of American Enterprise

Institute include Edward Bernstein; James S. Duesenberg, Presidential

Council of Economic Advisers 1966-68, prof. at Harvard, director Federal

Reserve Bank of Boston, Fulbright fellow Cambridge England 1954-55;

Frederick A. Praeger, emigre N.Y. publisher who published a number of

propaganda works for the CIA; Herbert Stein, A. Willis Robertson prof of

economics, Univ. of Va., editor AEI publication The Economist since 1977,

served on War Production Board 1941-44, Brookings Institution fellow 1967-

69, Council of Economic Advisers 1969, chairman 1972-74; Robert H. Bork,

prof. law at Yale, former Solicitor General and Acting Atty. Gen. of U.S.

1973-77; Kenneth W. Daum, former partner Cravath Swaine & Moore, Wall

Street law firm, now prof. of law, Univ. of Chicago; D. Gale Johnson, prof.

economics at Univ. of Chicago since 1944, economist with OPA 1942, State

Dept. 1946, U.S. Army econ. 1948, adviser to Congress 1974-76, consultant to

TVA, Rand Corp. and AID, director William Benton Fndtn; Robert Nisbet,

John Dewey lecturer at John Dewey Society, Rockefeller Foundation grant

1975-78, scholar at AEL since 1978; James D. Wilson, Shattuck prof. at

Harvard; Richard B. Madden, chmn exec. committee AEI, chairman Socony

Mobil since 1956, director Pacific Gas & Electric, Del Monte and

Weyerhauser; Willard C. Butcher, former chmn Chase Manhattan Bank;

Charles T. Fisher III, president Natl Bank of Detroit, director General

Motors, Detroit Edison; Richard D. Wood, president Eli Lilly drugs since

1961, director Standard Oil of Indiana, and Chemical Bank.

Thus the well-funded “Hard Right” American Enterprises Institute’s

board of directors reads much like that of the Rockefeller Foundation or the

Hoover Institution, the usual New York banks, Standard Oil, General Motors

crowd. The World Order maintains control.

Lewis Lehrman, director of Heritage Foundation, and founder of the

1000 store Rite Aid drug chain, set up his own foundation in 1978. After

agonizing over a trenchant attention-getting name, he chose the obvious,

“Lewis Lehrman Institute”. Its president is Robert W. Tucker, member of the

Council on Foreign Relations, professor at John Hopkins School of

International Studies, which was made famous by the tenure of Owen

Lattimore, denounced by Sen. McCarthy as a leading Soviet agent. Director

of Lehrman Institute is Barton Biggs of Brookings Institution. Lehrman

spent $13.9 million campaigning to be elected Governor of New York, but

was easily beaten by Mario Cuomo, who only spent $4.8 million. The New

Republic Dec. 5, 1983 featured an article by Sidney Blumenthal, “How Lewis

Lehrman Plans to Take Over America.”

After examining the lavishly funded network of pseudo-rightwing

foundations, it is almost a relief to go back to the forthright Marxist bias of

the foundation movement, as exemplified by the Ford Foundation. The

Special Committee to Investigate Tax Exempt Foundation reported in 1954,

“The Ford Foundation affords a good example of the use of a foundation to

solve the death tax problem, and, at the same time, the problem of how to

retain control of a great enterprise in the hands of a family. Ninety per cent

of the ownership of the Ford Motor Co. was transferred to the Ford

Foundation, created for the purpose. Had it not been it was almost certain

that the family would have lost control.”

The Ford family paid a terrible price to save the company. To prevent

it from being split up, they had to turn it over to the most leftwing elements in

the U.S. Norman Dodd states that while investigating tax exempt foundations,

he interviewed H. Rowan Gaither, president of the Ford Foundation. Gaither

complained about the “bad press” the Ford Foundation was receiving, and

explained to Dodd, “Most of us here were, at one time or another, active in

either the OSS or the State Dept., or the European Economic

Administration. During those times, and without exception, we operated

under directives issued by the White House, the substance of which was to

the effect that we should make every effort to alter life in the U.S. as to make

possible a comfortable merger with the Soviet Union.” This is still the goal of

the foundation movement.

In 1953, the Ford Foundation set up the $15 million Fund for the

Republic, with Paul Hoffman, former head of ECA, married to Baruch’s

secretary, Anna Rosenberg. Directors of the Fund were former Zionist and

labor leader Arthur Goldberg, and Henry Luce, of whom H.L. Mencken said,

“I know why Henry hires so many Communists on his magazines. It’s

because they work cheap.”

The Fund for the Republic hired Earl Browder, head of the

Communist Party “to study the influence of Communism in contemporary

America”. In 1968, the Fund granted $215,000 to “promote in the U.S. the

knowledge of contemporary Cuba. The funds will support the expenses of

persons invited by the Gastro government to do research in Cuba.” The

National Guardian Jan. 13, 1968 pointed out that “The Ford Foundation plays

a key part in financing and influencing almost all major civil rights groups

including Congress of Racial Equality, Southern Christian Leadership,

National Urban League, and NAACP.” The Ford Foundation has spent

many millions to promote racial agitation and possible civil war in America,

completely polarizing the races. In this effort, it is simply carrying on the plan

inaugurated by the Rothschilds in 1865 with the Peabody Fund, the Slater

Fund, and later the General Education Board, which is now the Rockefeller

Foundation. It takes money to promote a civil war. Ford Foundation entered

the Hispanic field by giving $600,000 to the openly revolutionary Southwest

Council of La Raza in 1968, and an additional $545,717 in 1969.

Congressman Henry Gonzalez, himself a Hispanic, denounced La Raza as

fomenting “blind, stupid hatred.”

Ford money has backed many revolutionary groups in the U.S. engaged

in dynamiting and burning buildings, inciting riots, kidnaping and

assassination. All of these are criminal offenses but no one is ever arrested.

The Ford Motor Co. also built the huge Kama River truck factory in Soviet

Russia, which provided the trucks for the Red Army to attack Afghanistan.

They rolled into the almost defenseless country on a modern highway, which

had been built by AID with American taxpayers’ money.

The Ford Foundation has many capitalist and CIA connections.

Stephen Bechtel and Chase lawyer John J. McCloy have been board members

for years, also Frank Abrams, chmn Standard Oil Co. of New Jersey. The

president of the Ford Foundation is Franklin Thomas, a token black; he is

also director of the $348 million John Hay Whitney Foundation. Whitney was

Ambassador to England 1956-61, Order of the British Empire, chairman

Freeport Sulphur, publisher of the N.Y. Tribune; he married Betsy Cushing

Roosevelt. His daughter Kate married William Haddad of the New York

Post, who set up the Peace Corps for Kennedy in 1961, is governor of

American Jewish Congress, Yale Corp. and Museum of Modern Art; other

directors of J.H. Whitney Foundation include Harold Howe, also director

Ford Foundation, Vernon Jordan, director of Rockefeller Foundation, and

James F. Brownlee, partner of J.H. Whitney Co., and director Chase

Manhatten Bank, R.H. Macy Co. & chmn Minute Maid Corp.

Other directors of Ford Foundation include its European director, Ralf

Dahrendorf, admirer of Marx’s “Utopian” policies. In his work, “Marx in

Perspective”, he claimed that Marx is the greatest factor in the emergence of

modern society. Dahrendorf was fellow of Center of Advanced Study 1957-

58, prof. sociology Hamburg, 1958-60, Columbia Univ. 1960, Univ. of

Tubingen 1960-64, Secretary of State Foreign Office Germany 1969-70. As a

professor of sociology, he created the concept of a “new man”, whom he

dubbed “homo sociologicus”, man transformed by socialism, in which all

distinctions of race, and presumably, all other distinctions, have disappeared.

Dahrendorf denies there are any differences in the races of mankind, and

denounces any idea of “superiority” or differing skills as “ideological

distortion”. “Homo Sociologicus” is the creature of the social sciences, the

socialized man who can be completely controlled by the forces of society.

The Ford Foundation introduced “behaviourism” or people control

into the curricula at Harvard Business School through the director, Donald K.

David, in 1956. David received a $2 million grant from Ford Foundation for

this program, while he was a director of the foundation. In 1970, Ford

Foundation established the Police Foundation, headed by Pat Murphy, to

train police in behaviourism and “human relations”.

Other directors of Ford Foundation are Harriet S. Rabb, asst. dean

Columbia U. Law School, director of the NAACP Legal Fund since 1978.

Her husband Bruce Rabb is partner of the Wall Street law firm, Stroock

Stroock & Lavan, organized the Lehrman Institute and has been secretary of

it since 1978; his father, Maxwell Rabb is also partner of this law firm – he

was adm. asst. Sen. Henry Cabot Lodge 1937-43, Secretary of the Cabinet

1953-58 under Eishenower, joined Stroock Stroock & Lavan 1958, now

Ambassador to Italy, chmn U.S. delegation to UNESCO; other partners of

this firm are William J. van den Heuvel, former law partner of Gen. Donovan,

and his assistant when he was Ambassador to Thailand, campaign manager

Jimmy Garter 1976; Rita Hauser, director Brookings Institution; and Robert

B. Anderson former Secretary of Navy and Secretary of Treasury. Stroock

Stroock & Lavan specializes in handling the family finances of wealthy old line

Jewish families, and is trustee of all three Warburg foundations.

Chairman of the Ford Foundation is Alex Heard, who was with the

War Dept. 1939-43, spec. adviser President of the U.S. 1970, director Time

since 1968; other directors are Hedley Donovan, editor in chief of Time,

director of Trilateral Commission; Walter A. Haas, president of Levi Strauss,

director Bank of America, NAACP Legal Fund, chmn United Jewish Appeal,

and Alliance Israelite Universelle; Donald S. Perkins, of J.P. Morgan; Irving

S. Shapiro, former chairman DuPont, director of Citicorp and Citibank, IBM,

director US-USSR Trade & Economic Council; Glen E. Watt, of AFL-CIO,

member Club of Rome, Trilateral Commission, Aspen Institute.

The purpose of the Pan-European Union, founded by Count

Coudenhove-Kalergi, and funded by the Rothschilds and Warburgs, was to

restore the oligarchic control over Europe. To accomplish this goal, it was

necessary to emasculate and defeat the powerful republican currents which

had their origin in the 14th century Renaissance, which, with its emphasis on

the freedom of the human spirit, produced the greatest cultural outpouring in

the history of mankind. This individualism was immediately expressed in

nationalism; its republican spirit was dedicated to ending hereditary and

arbitrary control and dictatorship over the lives of the people, reaching its

greatest expression in the Constitution of the United States, which was the

result of rebellion.

Because the ruling families of Europe are the direct descendants of

William of Orange, who chartered the Bank of England in 1694, the

movement to destroy nationalism and individualism has been directed from

England, but expressed in the Communist movement. The World Order has

planned and executed two World Wars to restore world rule by the oligarchy,

a world rule variously called Bolshevism, the League of Nations, or the United

Nations, but never the World Order.

The English control of this world movement is demonstrated by the

ideology of American foundations, which is created by the Tavistock Institute

of Human Relations in London. In 1921, the Duke of Bedford, Marquess of

Tavistock, the 11th Duke, gave a building to the Institute to study the effect

of shellstock on British soldiers who survived World War I. Its purpose was

to establish the “breaking point” of men under stress, under the direction of

the British Army Bureau of Psychological Warfare, commanded by Sir John


Tavistock Institute is headquartered in London, because its prophet,

Sigmund Freud, settled here in Maresfield Gardens when he moved to

England. He was given a mansion by Princess Bonaparte. Tavistock’s

pioneer work in behavioural science along Freudian lines of “controlling”

humans established it as the world center of foundation ideology. Its network

now extends from the University of Sussex to the U.S. through the Stanford

Research Institute, Esalen, MIT, Hudson Institute, Hudson Institute, Heritage

Foundation, Center of Strategic and International Studies at Georgetown,

where State Dept. personnel are trained, US Air Force Intelligence, and the

Rand and Mitre corporations. The personnel of the foundations are required

to undergo indoctrination at one or more of these Tavistock controlled

institutions. A network of secret groups, the Mont Pelerin Society, Trilateral

Commission, Ditchley Foundation, and Club of Rome is conduit for

instructions to the Tavistock network.

Tavistock Institute developed the mass brain-washing techniques which

were first used experimentally on American prisoners of war in Korea. Its

experiments in crowd control methods have been widely used on the

American public, a surreptitious but nevertheless outrageous assault on

human freedom by modifying individual behaviour through topical

psychology. A German refugee, Kurt Lewin, became director of Tavistock in

1932. He came to the U.S. in 1933 as a “refugee”, the first of many

infiltrators, and set up the Harvard Psychology Clinic, which originated the

propaganda campaign to turn the American public against Germany and

involve us in World War II. In 1938, Roosevelt executed a secret agreement

with Churchill which in effect ceded U.S. sovereignty to England, because it

agreed to let Special Operations Executive control U.S. polices. To

implement this agreement, Roosevelt sent Gen. Donovan to London for

indoctrination before setting up OSS (now the CIA) under the aegis of SOESIS.

The entire OSS program, as well as the CIA has always worked on

guidelines set up by the Tavistock Institute.

Tavistock Institute originated the mass civilian bombing raids carried

out by Roosevelt and Churchill purely as a clinical experiment in mass terror,

keeping records of the results as they watched the “guinea pigs” reacting

under “controlled laboratory conditions”. All Tavistock and American

foundation techniques have a single goal – to break down the psychological

strength of the individual and render him helpless to oppose the dictators of

the World Order. Any technique which helps to break down the family unit,

and family inculcated principles of religion, honor, patriotism and sexual

behaviour, is used by the Tavistock scientists as weapons of crowd control.

The methods of Freudian psychotherapy induce permanent mental illness in

those who undergo this treatment by destabilizing their character. The victim

is then advised to “establish new rituals of personal interaction”, that is, to

indulge in brief sexual encounters which actually set the participants adrift

with no stable personal relationships in their lives, destroying their ability to

establish or maintain a family.

Tavistock Institute has developed such power in the U.S. that no one

achieves prominence in any field unless he has been trained in behavioural

science at Tavistock or one of its subsidiaries. Henry Kissinger, whose

meteoric rise to power is otherwise inexplicable, was a German refugee and

student of Sir John Rawlings Reese at SHAEF. Dr. Peter Bourne, a Tavistock

Institute psychologist, picked Carter for President of the U.S.solely because

darter had undergone an intensive brainwashing program administered by

Admiral Hyman Rickover at Annapolis. Paul Mellon’s Old Dominion

Foundation gave Tavistock $97,000 in 1956, and $12,000 during each of the

three following years. Old Dominion also gave the Anna Freud Foundation

$8000 a year. Tavistock maintains two schools at Frankfort, birthplace of the

Rothschilds, the Frankfurt School, and the Sigmund Freud Institute.

The “experiment” in compulsory racial integration in the U.S. was

organized by Ronald Lippert, of the OSS and the American Jewish Congress,

and director of child training at the Commission on Community Relations.

The program was designed to break down the individual’s sense of personal

knowledge in his identity, his racial heritage. Through the Stanford Research

Institute, Tavistock controls the National Education Association. The

Institute of Social Research at the Natl Training Lab brain washes the leading

executives of business and government. Such is the power of Tavistock that

our entire space program was scrapped for nine years so that the Soviets could

catch up. The hiatus was demanded in an article written by Dr. Anatol

Rapport, and was promptly granted by the government, to the complete

mystification of everyone connected with NASA. Another prominent

Tavistock operation is the Wharton School of Finance.

A single common denominator identifies the common Tavistock

strategy – the use of drugs. The infamous MK Ultra program of the CIA,

directed by Dr. Sidney Gottlieb, in which unsuspecting CIA officials were

given LSD, and their reaction studied like guinea pigs, resulted in several

deaths. The U.S. Government had to pay millions in damages to the families

of the victims, but the culprits were never indicted. The program originated

when Sandoz AG, a Swiss drug firm, owned by S.G. Warburg Co. of London,

developed lycergic acid. Roosevelt’s advisor, James Paul Warburg, son of Paul

Warburg who wrote the Federal Reserve Act, and nephew of Max Warburg

who had financed Hitler, set up the Institute for Policy Studies to promote the

drug. The result was the LSD “counter-culture” of the 1960s, the “student

revolution”, which was financed by $25 million from the CIA.

One part of MK Ultra was the Human Ecology Fund; the CIA also

paid Dr. Herbert Kelman of Harvard to carry out further experiments on

mind control. In the 1950s, the CIA financed extensive LSD experiments in

Canada. Dr. D.Ewen Cameron, president of the Canadian Psychological

Assn., and director of Royal Victorian Hospital, Montreal, received large

payments from the CIA to give 53 patients large doses of LSD and record

their reactions; the patients were drugged into weeks of sleep, and then given

electric shock treatments. One victim, the wife of a member of the Canadian

Parliament, is now suing the U.S. companies who provided the drug for the

CIA. In his biography of Helms, Powers states that in his last days of office,

Helms ordered Dr. Sidney Gottlieb, head of MK Ultra, to destroy all records

of the CIA’s drug-testing program, and that by Jan. 14, 1973, Helms had

destroyed five thousand pages of notes taken in his office during his six and a

half years as director of the CIA !

Because all efforts of the Tavistock Institute are directed toward

producing cyclical collapse, the effect of the CIA programs are tragically

apparent. R. Emmett Tyrell Jr., writing in the Washington Post Aug. 20, 1984,

cites the “squalid consequences of the 60s radicals in SDS” as resulting in “the

growing rate of illegitimacy, petty lawlessness, drug addiction, welfare, VD,

and mental illness”. This is the legacy of the Warburgs and the CIA. Their

principal agency, the Institute for Policy Studies, was funded by James Paul

Warburg; its co-founder was Marcus Raskin, protege of McGeorge Bundy,

president of the Ford Foundation. Bundy had Raskin appointed to the post of

President Kennedy’s personal representative on the National Security Council,

and in 1963 funded Students for Democratic Society, through which the CIA

operated the drug culture.

Today, the Tavistock Institute operates a $6 billion a year network of

foundations in the U.S., all of it funded by U.S. taxpayers’ money. Ten major

institutions are under its direct control, with 400 subsidiaries, and 3000 other

study groups and think tanks which originate many types of programs to

increase the control of the World Order over the American people. Typical is

the Hudson Institute, a $5 million a year operation with 120 employees,

founded in 1965 by Herman Kahn of the Rand Corp. and the Stanford

Research Institute; its directors include Alexander Haig, president of United

Technologies; Frank Carlucci, deputy secretary of Defense, and now

chairman Sears World Trade Corp.; Daniel C. Searle, chmn G.D. Searle Drug

Co.; and Gov. Pierre DuPont of Delaware. The principal architect of

Hudson was Frank Altschul, director of Ford Foundation, partner of Lazard

Freres, who married into the Lehman family, president General American

Investors, director U.S. Leather, International Bank te Amsterdam, American

Eagle Fire Insurance, the Yale Corp., Institute of International Studies, China

Institute in America, whose Times obituary in 1981 called him “a Renaissance

Man” who endowed the Yale Library and the Overbrook Press. Other

Hudson associates are Leo Cherne of the Foreign Advisory Intelligence

Board, and Sidney Hook of the Hoover Institution.

Stanford Research Institute, adjoining the Hoover Institution, is a $150

million a year operation with 3300 employees. It carries on program

surveillance for Bechtel, Kaiser, and 400 other companies, and extensive

intelligence operations for the CIA. It is the largest institution on the West

Coast promoting mind control and the behavioural sciences.

One of the key agencies as a conduit for secret instructions from

Tavistock is the Ditchley Foundation, founded in 1957 by Sir Philip Adams.

A long time Foreign Service officer, Adams was Minister to Khartoum 1959,

Ambassador to Jordan 1966-70, and Egypt 1973-75; he married the daughter

of Baron Trevethin (the Lawrence family, which includes several lord chief

justices of Britain.)

The Ditchley Foundation is headquartered at Ditchley Park, near

Oxford, in a castle built for the Earl of Lichfield in the 16th century; the

present Earl of Lichfield is a cousin of Queen Elizabeth, and is known as a

photographer of beautiful women. Ditchley Park was given to the foundation

by Ronald and Marietta Tree. Ronald Tree, a godson of Marshall Field, was

for many years a high official in British intelligence. He was appointed

Parliamentary Private Secretary to the Minister of Pensions, the Minister of

Information, and the Minister of Planning. He was first married to Nancy

Moncure Perkins, of an old Virginia family. They divorced, and he married

Marietta Peabody, granddaughter of Endicott Peabody, headmaster of

Groton, where the American elite was trained. Her career gave rise to the

term “beautiful people”, the glittering international set devoted to leftwing

causes. She began her career as a beautiful young “hostess” for Nelson

Rockefeller in 1942, became a shop steward for the Newspaper Guild at Life

Magazine, Fair Housing Practices Committee for New York, 1958 Volunteer

for Stevenson, Commission on Human Rights at the UN 1959-61, Human

Rights Commission UN 1961-64, Ambassador to the UN 1961-64. Magazine

articles gave lowing reports of a “beautiful person’s” life in New York, her

townhouse at 123 E. 79th St. filled with antique furnishings and art treasures

from Ditchley Park, the house run faultlessly by an English butler, as well as

their summer home at Barbados, where they entertained Winston Churchill in

1960. The American branch of the Ditchley Foundation is run by Cyrus

Vance, former Secretary of State, and director of the Rockefeller Foundation;

Alan Pifer, president of the Carnegie Foundation, and Winston Lord,

president of the Council on Foreign Relations. Lord was political and military

officer at the Dept. of State 1961-64, international security officer Defense

Dept. 1969-73, spec. asst. to the President of the U.S. 1970-73, director of

policy planning at Dept. of State 1973-77, member of Atlantic Council and

Atlantic Institute. Other Ditchley members have been Wallace Sterling,

president of Stanford University, Richard Steadman of the German Marshall

Fund, and Donald Perkins of Brookings Institution. Perkins is a director of

Time, Thyssen-Bornemitza, ATT, Corning, Cummins Engine, Freeport

Moran, G.D. Searle, and Morgan Guaranty Trust Bank, and chairman of jewel

Tea Co.

One of the principal but little known operations of the Rockefeller

Foundation has been its techniques for controlling world agriculture. Its

director, Kenneth Wernimont, set up Rockefeller controlled agricultural

programs throughout Mexico and Latin America. The independent farmer is

a great threat to the World Order, because he produces for himself, and

because his produce can be converted into capital, which gives him

independence. In Soviet Russia, the Bolsheviks believed they had attained

total control over the people; they were dismayed to find their plans

threatened by the stubborn independence of the small farmers, the kulaks.

Stalin ordered the OGPU to seize all food and animals of the kulaks, and to

starve them out. The Chicago American Feb. 25, 1935 carried a front page

headline, six MILLION PERISH IN SOVIET FAMINE: Peasants’ Crops

Seized, They and their Animals Starve. To draw attention from this atrocity, it

was later alleged that the Germans, not the Soviets, had killed six million

people, the number taken from the Chicago American headline by a Chicago


The Communist Party, the Party of the Peasants and Workers,

exterminated the peasants and enslaved the workers. Many totalitarian

regimes have found the small farmer to be their biggest stumbling block. The

French Reign of Terror was directed, not against the aristocrats, many of

whom were sympathetic to it, but against the small farmers who refused to

turn over their grain to the revolutionary tribunals in exchange for the

worthless assignats. In the United States, the foundations are presently

engaged in the same type of war of extermination against the American

farmer. The traditional formula of land plus labor for the farmer has been

altered due to the farmer’s need for purchasing power, to buy industrial goods

needed in his farming operations. Because of this need for capital, the farmer

is especially vulnerable to the World Order’s manipulation of interest rates,

which is bankrupting him. Just as in the Soviet Union, in the early 1930s,

when Stalin ordered the kulaks to give up their small plots of land to live and

work on the collective farms, the American small farmer faces the same type

of extermination, being forced to give up his small plot of land to become a

hired hand for the big agricultural soviets or trusts. The Brookings Institution

and other foundations originated the monetary programs implemented by the

Federal Reserve System to destroy the American farmer, a replay of the Soviet

tragedy in Russia, with the one proviso that the farmer will be allowed to

survive if he becomes a slave worker of the giant trusts.

Once the citizen becomes aware of the true role of the foundations, he

can understand the high interest rates, high taxes, the destruction of the

family, the degradation of the churches into forums for revolution, the

subversion of the universities into CIA cesspools of drug addiction, and the

halls of government into sewers of international espionage and intrigue. The

American citizen can now understand why every agent of the federal

government is against him; the alphabet agencies, the FIB, IRS, CIA, and

BATF must make war on the citizen in order to carry out the programs of the


We have seen the close interlocking of the foundations with

international banks and corporations, all stemming from the Peabody Fund of

1865, and the War Industries Board of Bernard Baruch in World War I. The

foundations are in direct violation of their charters, which commit them to do

“charitable” work, because they make no grants which are not part of a

political goal. The charge has been made, and never denied, that the Heritage-

AEI network has at least two KGB moles on its staff. The employment of

professional intelligence operatives as “charitable” workers, as was done in the

Red Cross Mission to Russia in 1917, exposes the sinister political, economic

and social goals which the World Order requires the foundations to achieve

through their “bequests”.

Not only is this tax fraud, because the foundations are granted tax

exemption solely to do charitable work, but it is criminal syndicalism,

conspiracy to commit offenses against the United States of America,

Constitutional Law 213, Corpus Juris Secundum 16. For the first time, the

close interlocking of the foundation “syndicate” has been revealed by the

names of its principal incorporators - Daniel Coit Gilman, who incorporated

the Peabody Fund and the John Slater Fund, and became an incorporator of

the General Education Board (now the Rockefeller Foundation); Gilman,

who also incorporated the Russell Trust in 1856, later became an incorporator

of the Carnegie Institution with Andrew Dickson White (Russell Trust) and

Frederic A. Delano. Delano also was an original incorporator of the

Brookings Institution and the Carnegie Endowment for International Peace.

Daniel Coit Gilman incorporated the Russell Sage Foundation with Cleveland

H. Dodge of the National City Bank. These foundations incorporators have

been closely linked with the Federal Reserve System, the War Industries

Board of World War I, the OSS of World War II and the CIA. They have

also been closely linked with the American International Corporation, which

was formed to instigate the Bolshevik Revolution in Russia. Delano, an uncle

of Franklin Delano Roosevelt, was on the original Board of Governors of the

Federal Reserve System in 1914. His brother-in-law founded the influential

Washington law firm of Covington and Burling. The Delanos and other

ruling families of the World Order trace their lineage directly back to William

of Orange and the regime which granted the charter of the Bank of England.

Her Majesty Queen Elizabeth the Queen Mother, Lady Elizabeth Bowes-

Lyon, is the daughter of the 14th Earl of Sirathmore. When William of

Orange invaded England in 1688, the Scottish lords, who had been loyal to

James II, were the last to capitulate. Patrick Lyon took the oath of fealty to

William in 1690, and became the first Earl of Strathmore. The family resides

at Glamis Castle, which was made famous by Shakespeare’s play, “Macbeth”.

The present Lord Glamis is Michael Fergus Bowes-Lyon, heir of the 17th Earl

of Strathmore, who holds additional titles of Earl of Kinghorne, Viscount

Lyon, Farnedyce, Sydlaw, and Strathdichtie.


After gaining control of the national government, the Rockefeller

Foundation moved to seize control of the state legislatures. The move began

in Colorado, where the Rockefellers had perpetrated the infamous “Ludlow

Massacre” of workers at their Colorado Fuel & Iron plant. State Senator

Henry Wolcott Toll, a Denver lawyer and graduate of Harvard Law School,

spearheaded the organization of the American Legislators Association in

1925. Time, April 27, 1936, noted that Toll in 1930 got financial aid from the

Spelman Rockefeller Fund and moved the organization to the campus of

Rockefeller’s University of Chicago. Time noted, “Today the Capitol of the

U.S. is still in Washington, but so far as the states individually have any point

of contact, it is Mr. Toll’s office building in Chicago. Presently Rockefeller

money is to erect a $500,000 building on Chicago’s Midway to house these

secretariats, a sort of League of Nations Palace for the local governments of

the 48 states.”

This became the Council of State Governments at 1313 60th St.

Chicago, from which address the Rockefeller Foundation controlled the state

legislatures and ramrodded their programs through mostly unsuspecting state


Time also noted that Toll’s plans were approved by a principal

character in this story, Frederick A. Delano. “His sentiments were echoed

with approval by Franklin Roosevelt’s uncle, Frederick A. Delano, who, as

chairman of the President’s Committee on National Resources, was there to

lend his advice.”

Thus we have the founder of the Brookings Institution guiding

foundation control of the state legislatures. The Council of State

Governments has now moved to Lexington, Kentucky, where it at present

comprises the Conference of Chief Justices, Conference of State Court

Administrators, and the National Associations of Attorney Generals,

Secretaries of State and State Auditors, State Purchasing Offices, Lieutenant

Governors, and State Legislators. The governors of the 50 states comprise

the membership of the Council of State Governments.

CHAPTER EIGHT The Rule of The Order

“And behold at evening tide trouble; and before the morning he is not.

This is the portion of them that spoil us and the lot of them that rob us.”–ISAIAH 17:14.

Five men rule the world. None of them holds public office, but they

choose who shall hold office in the nations. These five men comprise the

apex of the pyramid of power, the World Order. We may ask, Why should

there be a World Order ? Is it not sufficient to hold absolute power in a

single nation, or in a group of nations ? The answer is No, because of the

nature of international travel, international trade, and international finance.

International travel requires that a person may travel in peace from one nation

to another, without being molested. Excepting cases of anarchy, revolution or

war, this requirement can usually be met. International trade requires that

traders of one nation can go to another nation, transact their business, and

return with their goods or their profits. This requirement too is usually met.

If not, the offended nation can exercise military force, as Great Britain did in

its Opium Wars.

It is the third requirement, international finance, which called into

being the World Order. In earlier days, when international trade consisted of

barter, payment in gold or silver or piracy, the seizure of goods by force, there

was no need for a world arbiter to determine the value of instruments of

trade. The development of paper money, stocks, bonds, acceptances and

other negotiable instruments necessitated a power, able to exercise influence

anywhere in the world, to declare that a piece of paper represented one billion

dollars in real wealth, or even one dollar in real wealth. An entry on a

computer, flashed from London to New York, states that someone owes five

billion dollars to someone else. Without genuine power backing, no such sum

could ever be collected, regardless of the factuality or morality of the debt. As

anyone in the Mafia can tell you, you don’t collect unless you are willing to

break legs. The World Order is always prepared to break legs, and break them

they do, by the millions.

What would have happened to the earliest settlers in America if they

had gone to the Indians and said, “Give us your goods and the deeds to your

homes and lands. In return, we will give you this beautifully printed piece of

paper.” The Indians would, and did, attack them. If the settlers arrived with

an army led by a Pizaro or a Cortez, they took the lands without a piece of


The World Order rules with its pieces of paper, but behind every paper

is a force which can be employed anywhere in the world. The force may be

disguised by various subterfuges as international agreements, associations or

other camouflage, but its base is always force.

The World Order rules through a simple technique, Divide and

Conquer (Divide et impera). Every natural or unnatural division among

people, every occasion for hatred or greed, is exploited and exacerbated to the

limit. The polarization of racial and ethnic groups in the U.S. is accelerated by

a flood of government decrees, originating in foundation “studies”, which are

designed solely to set American against American. Only in this way can the

World Order maintain its iron grip on the daily lives of the people. The

World Order also rules by the principle of “1984” – no groups of two or

more people are allowed to gather unless the World Order has a

representative present. If you start a club of dandelion fanciers, the Order will

send someone who will be quietly helpful, avoid taking the front position, and

who will offer to pay the rent of a meeting place or the printing of the

minutes. In more radical groups, the Order’s representative will be the first to

suggest dynamiting a building, assassinating an official, or other violent action.

The international terrorism of the Communist Party originated in a

small club of German and French workingmen in Paris, dedicated to quiet

reading and discussion, until Karl Marx joined. It was then converted into a

revolutionary group. This one example explains the Order’s determination to

allow no group, however insignificant, to remain unmonitored. The World

Order adopted the Hegelian dialectic, the dialectic of materialism, which

regards the World as Power, and the World as Reality. It denies all other

powers and all other realities. It functions on the principle of thesis, antithesis

and a synthesis which results when the thesis and antithesis are thrown against

each other for a predetermined outcome. Thus the World Order organizes

and finances Jewish groups; it then organizes and finances anti-Jewish

groups; it organizes Communist groups; it then organizes and finances anti-

Communist groups. It is not necessary for the Order to throw these groups

against each other; they seek each other out like heat-seeking missiles, and try

to destroy each other. By controlling the size and resources of each group,

the World Order can always predetermine the outcome.

In this technique, members of the World Order are often identified

with one side or the other. John Foster Dulles arranged financing for Hitler,

but he was never a Nazi. David Rockefeller may be cheered in Moscow, but

he is not a Communist. However, the Order always turns up on the winning

side. A distinguishing trait of a member of the World Order, although it may

not be admitted, is that he does not believe in anything but the World Order.

Another distinguishing trait is his absolute contempt for anyone who actually

believes in the tenets of Communism, Zionism, Christianity, or any national,

religious or fraternal group, although the Order has members in controlling

positions in all of these groups. If you are a sincere Christian, Zionist or

Moslem, the World Order regards you as a moron unworthy of respect. You

can and will be used, but you will never be respected.

It has taken centuries of patient effort for the World Order to attain the

power it exercises today. Its origins as an international force go back to the

Phoenician slave-traders, continues through the Phnariot families of the

Byzantine Empire, then the Venetian and Genoese traders and bankers of the

Middle Ages, who moved into Spain and Portugal, and later into England and

Scotland. By the 14th century, the Genose controlled the Scottish landlords.

The Imperial Family of the Byzantine Empire, the Paleologues (meaning 'the

Word’) were attacked by the Gnostic faction, whose materialistic Aristotelian

philosophy was the forerunner of Hegelian dialectic and Marxism. The

Paleologues devoutly believed in the Christian faith, as expressed by the

Orthodox Rite. The materialistic Venetian and Genoese armies, with the aid

of the Turkish “infidels”, looted and conquered Constantinople, the legendary

“City of God”. The Byzantine survivors recreated their culture in Russia, with

Moscow as “the third Rome”. The plan to destroy the Orthodox Church and

its Romanov (new Rome) leader was the hidden goal of the First World War.

The victors came away with one billion dollars of the Romanov fortune, after

achieving the defeat of their hated enemy, the Orthodox Church.

During the Middle Ages, European power centers coalesced into two

camps, the Ghibellines, those who supported the Emperor’s Hohenstaufen

family, (an Italian adaptation of Weinblingen, the name of the Hohenstaufen

estate), and the Guelphs, from Welf, the German prince who competed with

Frederick for control of the Holy Roman Empire. The Pope then allied

himself with the Guelphs against the Ghibellines resulting in their victory. All

of modern history stems directly from the struggle between these two

powers. The Guelphs, also called the Neri, or Black Guelphs, and Black

Nobility, were the Normans who conquered England in the 11th century; the

Genoese who backed Robert Bruce in his conquest of Scotland, and who

supported William of Orange in his seizure of the throne of England.

William’s victory resulted in the formation of the Bank of England and the

East India Company, which have ruled the world since the 17th century.

Every subsequent coup d’etat, revolution and war has centered in the battle of

the Guelphs to hold and enhance their power, which is now the World Order.

The power of the Guelphs grew through their control of banking and

international trade. It was extended through the Italian centers to the north

of Florence, in Lombardy, which became great financial centers. All Italian

bankers, including the Genoese, the Venetians, and Milanese, were referred to

as “Lombards”; Lombard, in German, means “deposit bank”; the Lombards

were bankers to the entire Medieval world. Modern history begins with the

transfer of their operations north to Hamburg, Amsterdam, and finally to


The great American fortunes originated with the Guelph slave trade to

the colonies. Many of the slave traders doubled in piracy. Trinity Church,

whose leading vestryman later was J.P. Morgan, was originally known as “the

church of the pirates”. Capt. William Kidd provided the material to build it in

1697, and a pew was reserved for him. He was arrested the next year, and

hanged in chains at Newgate. In 1711, a slave market was set up on Wall

Street near the church, and functioned there for many years.

Two of the most powerful influences in the world today are the

international drug trade, which began with the East India Co., and

international espionage, which began with the Bank of England. The East

India Co. was granted a charter in 1600 in the closing days of Queen

Elizabeth’s reign. In 1622, under James I, it became a joint stock company.

In 1661, in an attempt to retain his throne, Charles II granted the East India

Co. the power to make war. From 1700 to 1830, the East India Co. gained

control of all India, and wrested the historic mononoly of opium from the

Great Moguls.

The Crown periodically tried to maintain control of the monster it had

unleashed. State Papers (Domestic) Interregnum, xvi, No. 97 (1649-51) states,

“Whereas severall warrants have bine obtained by the East India Company, for the

transporting of severall great quantities of Gold and Silver the Ilk som tymes is

granted to severall merchants and others upon ther petion and suggestions, and

weras under cider of thes warrants to divers other great soms of money, both

English Gold and Silver is transported out of the nation, wch might be prevented

yf the stat would apoynt a swroen controlled one skilled in this affaire, to tak a vew

and serch of all badge and cases of tresur, that are transported out of the nation,

and to see to the packing and making up of said tresur, and that ther be sent no

more, then, what the stat gives licence for, both for quantytie and quality, and

registered, and returned yearly to the council of stat, and that the sd controller for

his view and search and sealing and marking it up shall demand and have tow

shillings appon every hundred pounds sterling by tayl, or the valew of every

hundred pounds sterling, if that the Gold or Silver should be in bares or ingots, for

all Gold and Silver that shall be exported by licence, either the East India

Company or any other person whomsoever, and that it shall not be lawful for any

man to transport Gold or Silver befor it be vewed and examined by Tho. Violet or

his sufficient debity, and registered.”

Government supervision of control of international movements of

gold and silver has been a national problem since Cicero inveighed against it

in the Roman Forum. Sir Walter Raleigh pointed out, in his “Select

Observations of the Incomparable Sir Walter Raleigh,” MDCXCVI p.6,

“1. That Nation Can only be in a prosperous Estate that hath a proportionable

quantity of Silver or Gold to ballance the Strength and trade of its neighboring

Nations. 2. That whilst the Current Cash of this Kingdom can be converted into

Bullion, and so made a trading Commodity (as hath been practis’d this hundred

Years) ’twill either be conveyed to be best Market, or wrought in Plate at home,

notwithstanding the utmost rigour and vigiliancy, to the great and daily

Consumption of the Coin, and Detriment of the Nation. That raising the value of

our Coin, is the only certain means to keep it in the Nation to make us a rich and

thriving State, to recover our lost Trade, and the best Bulwark and Defence against

all the Attacks of our Enemies. That contrary to the Policy of Nations, our

standard Coin is of greater value in all places than at home (Spain only excepted)

for which reason we bring Spanish Mony hither, and for the same Reason our

Mony is transported to other places, to the great Impoverishment of the Nation.”

Sir Walter Raleigh, a patriot, saw that the machinations of the

international money dealers were bringing ruin to many Englishmen, and tried

to stop it. They in turn conspired against him, and had him beheaded. The

Order invariably enlists “the law” against its enemies.

The East India Co. originated as the London Staplers, was later known

as the Lodon Mercers Co., merchant guilds which held monopolies over

certain avenues of commerce. It was a direct offshoot of the commercial

banking establishments of northern Italy, Venice and Genoa. Related firms

were the German Hansa, and the Hanse of the Low Countries, which was

headquartered in Bruges. It was also allied with the Levant Co. and the

Anglo-Muscovy Co. Sebastian Cabot, whose descendants are prominent in

American banking and intelligence, raised the seed money for Anglo-Muscovy

in Italy and London. The company operated northern overland trade routes

from the Baltic to India and China. Other related firms were the London

Company, chartered in 1606 to establish The Virginian Plantation on a

communistic basis, and the Plymouth Company, whose descendants control

the New England business world.

The “City” banks, which dominate American finance and politics (code

name for banks for the “City”, financial district of London), descend directly

from East India and Bank of England operations. The Rockefeller Empire is

the most prominent scion of this dynasty.

To aid their control of finance and politics, the Guelphs perpetuated a

host of cults deriving from the Manicheans, which in turn derived from the

cults of Babylonia and Ira, from the Atys cultus of the Caucasian area, and

from Hindu pantheism. Their offshoots include the Bogmils of the Balkans,

the Paulicans of Asia Minor, the anabaptists, communists and antinomians,

centering in the (Catharists, the Albigensians of southern France, the

patarenes of northern Italy, and the English Savoyards). These gnostic faiths

developed into the Rosicrucians, Swedenborgians, Unitarians, the Fabian

Society, and the World Council of Churches. The English Savoyards became

active in the London Staplers and the rise of oceanic commerce, by using the

Venetian-Flanders galley, which brought the lateen sail into Europe from,

southeast Asia. The Savoyards formed an extreme leftwing party, led by John

Ball, which called for the nationalisation of all land. The Wycliffe-Lollards-

Savoyards-Staplers formed the King’s Party against the landed nobility

(republicanism) and parliament. Then as now, the leftwing sought ownership

of all land through an absolute ruler and a totalitarian centralized government.

This leftwing alliance culminated in the University of London. The

University of London, which received a $2 million grant in 1924 from

Beardsley Rural as head of the Laura Spelman Rockefeller Fund, and many

other grants from American foundations houses Gresham College and the

London School of Economics, where Harold Laski taught John F. Kennedy

and David Rockefeller the principles of the World Order. The University of

London was originally financed by Jeremy Bentham of the East India Co., and

John Stuart Mill, whose friend, investment banker George Grote, gave the

University of London 6000 pounds to study mental health, the origin of the

present worldwide “mental health” movement. Grote also contributed 500

pounds to finance the July Revolution in France in 1830, which put Louis

Philippe on the throne.

It was Bentham who first coined the slogan later taken up by Karl

Marx, “the greatest good for the greatest number”, which has been so useful

in inflaming the masses, the Marxist flim flam that you can best serve your

interests by serving others. Bentham’s business partner was manufacturer

Robert Owen, and atheist who taught free love. Like most do-gooders,

Owen’s cotton mills in Asia, associated with the East India Co., caused

bankruptcies and great misery in India. In 1824, Owen bought Father Rapp’s

anabaptist commune in America, Harmonie on the Wabash, renaming it New

Harmony. Owen’s associate at New Harmony was Frances (Fanny) Wright,

who initiated the practice of free love in America. She also started the

Women’s Equal Rights Movement, which was intended to break up families

by inciting war between husband and wife. She travelled through the South,

preaching the amalgamation of the races, and founded a commune in

Tennessee for Negro freedmen. In 1829, she helped found the

Workingmen’s Party in New York City, which later became the Communist

Party. Her grandson, Rev. Wm. Norman Guthrie, who married Anne Norton

Stuart, became known as the Red Vicar at his church, St. Marks in the

Bowerie, which welcomed Luciferians to its services.

A principal offspring of the East India Co. was the Fabian Society,

founded by Sidney and Beatrice Potter Webb, (whose father, Richard Potter,

was a close friend of John Stuart Mill). Beatrice’s sister Georgina married

Daniel Meinertzhagen, chairman of Lazard Bros. London; another sister,

Thersa, married Sir Alfred Cripps. John Stuart Mill’s father, James, who was

with the East India Co., named his son after John Stuart, head of East India

Co. John Stuart Mill was secretary of the East India Co. from 1856 until its

dissolution. One of Mill’s most famous disciples, David Ricardo, originated

the Theory of Rents, later expounded by the Marxists, and the “bare

subsistence” law of wages. His descendant, Rita Ricardo, married to Wesley

Campbell, head of the Hoover Institution, now advises President Reagan on

social security.

Robert Owen, promoter of the New Harmony commune, was a

principal backer of John Quincy Adams’ Presidential campaign. Adams had

withheld support from Madison during the War of 1812, and had threatened

secession from the Union. As Secretary of State, Adams had drafted the

Monroe Doctrine, which gave the British East India Co. control of all Latin

American markets, while keeping out all of its competitors ! T.D. Allman, in

“The Doctrine That Never Was”, Harper’s, Jan. 1984, revealed that Monroe

actually pledged not to interfere with any European power, unless they set up

“new” colonies. The agreement, which was not even called the “Monroe

Doctrine” until many years later, guaranteed the East India Company its

markets in this hemisphere. When Britain violated the agreement in 1833 by

seizing the Malvinas, the U.S. did nothing.

The New England banking and shipping interests controlled by Adams’

group created the Second Bank of the United States by repeated stock

speculation campaigns, marked by typical bouts of hyperinflation and sudden

deflation, which gave them control of millions of acres of farm lands

throughout the Mississippi Valley from the Great Lakes to the Gulf of

Mexico. This gave them enormous political influence in this entire region,

allowing them to seed the southern Mississippi Valley with fanatical

Secessionists and Abolitionists, whose revolutionary acts made the Civil War

inevitable. Owen also coined the term Socialism; he was a business partner

of a cotton manufacturer named Engels, whose son later became his political

disciple, and still later became the partner of Karl Marx in founding the world

Communist movement.

The trial of the conspirators has been evident throughout the history of

Europe since the Middle Ages. In 1547, the Republic of Venice had learned

of an anti-Christian conspiracy, and strangled its leaders, Julian Trevisano and

Francis de Rugo. The surviving conspirators, Ochinus, Laelius Socinus,

Peruta, Gentilis, Jacques Chiari, Francis Lenoir, Darius Socinus, Alicas, and

the Abbe Leonard, now spread their poisonous doctrines of hatred

throughout Europe. Their message of anarchy, atheism and immorality,

levelling and revolution brought bloodshed in every subsequent upheaval on

the Continent. In Germany, Adam Weishaupt, Prof. of Canon Law at the

University of Munich, and later at Coburg-Gotha, became the Nominal head

of the Illuminati; its corresponding branch in Italy was the Alta Vendita,

whose first leader was an Italian Nobleman, B. Nubius. His principal agent

was Piccolo Tigre, a Jewish banker and jeweler who traveled for the Alta

Vendita throughout Europe. In 1822, his instructions to the chapters were

confiscated and published, from which we excerpt : “We do not cease to

recommend to you, to affiliate persons of every class and every manner of

association, no matter what kind, only provided that mystery and secrecy shall

be the dominant characteristic. Under a pretext most futile, but never political

or religious, created by yourselves, or better yet, cause to be created by others,

associations, having in common music, the fine arts for object. Then infiltrate

the poison into those chosen arts; infiltrate it in little doses. A prince who has

not a kingdom to expect, is a good fortune for us. There are many of them in

that plight. These poor princes will serve our ends, while thinking to labour

only for their own. They form a magnificent signboard, and there are always

fools enough to be found who are ready to compromise themselves in the

service of a conspiracy, of which some prince or other seems to be thr

ringleader. There is little morality even among the most moral of the world,

and one goes fast in the way of that progress. A good hatred, thoroughly

cold, thoroughly calculated, is of more worth than all these artificial fires and

all these declarations on the platform. Presently, we shall have a printing

establishment at Malta placed at our disposal. We shall then be able with

impunity, with a sure stroke, and under the British flag, to scatter from one

end of Italy to the other, books, pamphlets, etc. which the Alta Vendita shall

judge proper to put into circulation.”

Karl Rothschild, son of Mayer Amschel, then became head of the Alta


On May 1, 1776, Adam Weishaupt issued further instructions to the

Illuminati in Bavaria, “We labour first of all to draw into our Association all

good and learned writers. This we imagine will be the easier obtained, as they

must derive an evident advantage from it. Next to such men we seek to gain

the masters and secretaries of the Post-Offices in order to facilitate our

correspondence.” The Tasso family of Bologna, later Thurn und Taxis,

gained control of post offices and intelligence work in Europe and held that

power for five centuries. Although these groups surfaced as charitable or fine

arts organizations, their goals of anarchy were concealed in all their efforts. In

the twentieth century, they culminated in the League of Nations, the United

Nations, the communist Party, the Royal Institute of International affairs, the

Council on Foreign Relations, the foundations, and a host of lesser groups.

Count Coudenhove-Kalergi’s Pan Europe Movement, with its powerful

backing by aristocrats and international financiers, was represented in the U.S.

by its American branch, founded by Herbert Hoover and Col. House, who

were also stumping the U.S. for ratification of the League of Nations.

Coundenhove Kalergi mentioned in his autobiogrphy that he had been

financed by the Rothschilds and Warburgs, and in the U.S., by Paul Warburg

and Bernard Baruch. He was connected with the Thurn und Taxis family.

His grandfather, Count Francis Coudenhove-Kalergi, Austrian Ambassador in

Paris, had married Marie Kalergi in 1850. She was one of the wealthiest

heiresses in Europe, descended from the Byzantine Emperor Nikophor

Phikas; in 1300, when Venice was the dominant power in the Mediterranean,

Alexios Kalergis had signed the treaty which made Crete a dominion on

Venice. A recent premier of Greece, Emmanuel Tsouderos, was a Kalergi.

Melchior Palyi, in “The Twilight of Gold”, reveals the power plays of

the World Order in international finance, when he quotes from the Diary of

Governor Emile Moreau of the Bank of France. Palyi says, “In October,

1926, Governor Emile Moreau of the Bank of France sent his closest

collaborator to London to explore the intentions of Montagu Norman,

Governor of the Bank of England. Pierre Quesnay, then general manager of

the Bank of France 1926-30, and Bank for International Settlements 1930-37,

brought back a report which was recorded by Moreau : 'Quesnay also gives

me interesting views about the ambitions of Montagu Norman and the group

of financiers who surround him : Sir Otto Niemeyer, Sir Arthur Salter, Sir

Henry Strakosch, Sir Robert Kindersley they are striving to make London the

great international financial centre. But those close to Norman state this is

not his objective ... he wants more than anything else to witness the setting up

of links between the various banks of issue ... The economic and financial

organization of the world appears to the Governor of the Bank of England to

be the major task of the Twentieth Century. In his view politicians and

political institutions are in no fit state to direct with the necessary competence

and continuity this task of organization which he would like to see undertaken

by central banks, independent at once of governments and of private finance.

Hence his campaign in favour of completely autonomous central banks,

dominating their own financial markets and deriving their power from

common agreement among themselves. They would succeed in taking out of

the political realm those problems which are essential for the development

and prosperity of the national financial security, distribution of credit,

movement of prices. They would thus prevent internal political struggles

from harming the wealth and the economic advancement of nations.”

In short, Norman wished to see the imposition of the World Order

over the financial affairs of the nations. It was this agreement among the

central banks, rather than the front organization, the League of Nations,

which became their final instrument of power. Crucial to these arrangements

was the monetarist school, the Austrian School of Economics, an outgrowth

of the Pan-Europe movement. Margit Herzfeld notes in her biography of

Ludwig von Mises that he participated in Count Coudenhove-Kalergi’s Pan

Europe movement in 1943. He had been brought to the U.S. in 1940 by a

grant from the Rockefeller Foundation of $2500 a year to work at the Natl.

Bureau of Economic Research, which grant was renewed in 1943. Von Mises’

pupils, Arthur Burns and Milton Friedman now expound the monetarist

theory through a network of supersecret “conservative” think tanks led by the

Mont Pelerin Society. Herzfeld says that von Mises’ most famous protégé was

the Soviet apologist Murray Rothbard.

One of the most influential conspirators was Walter Rathenau of

Germany. He greeted the First World War ecstatically as the golden

opportunity to establish world socialism. He wrote on July 31, 1916, “For

years I had foreseen the twilight of the nations that I had heralded in my

speeches and writings.” (A People’s State, by Rathenau). The notion became

established that the state is no longer to be regarded as the importunate poor

relation and fobbed off grudgingly with a tithe, but that it is entitle to dispose

of the capital and income of all its members at its own free will. Rathenau’s

dictum was enacted into law by the far-reaching and multi-billion entitlement

programs of Lyndon B. Johnson’s Great Society, when he persuaded

Congress to levy against all of the capital and income of the American people

placing it at his disposal to achieve World Order political goals, and finally

forcing the nation to the verge of bankruptcy.

Rathenau wrote “In Days to Come”, 1921, “No part of the world is

now closed to us. No Material tasks are beyond our powers. All the treasures

of earth are within our grasp. No thought remains hidden. Every

undertaking can be put to the task and realized. The fertilizing distribution of

the possessions of the world is our task. We must discover the force that will

effect and up and down movement of the masses.”

In “The New Society”, 1921, Rathenau wrote, “A far reaching policy of

socialization is necessary and urgent ... The goal of the world revolution upon

which we have entered means in its material aspect the melting of all society

into one.”

This was the “levelling” effect which was a key goal of the conspirators,

the Illuminati and the Alta Vendita, resulting in anarchy and the breaking

down of national and class borders. Before he could realize his dream of

World Socialism, Rathenau was murdered.

Ortega noted the phenomenon of levelling in “The Revolt of the

Masses,” “A hurricane of farcicality, everywhere and in every form, is

presently raging over the lands of Europe. Almost all the positions taken up

and proclaimed are false ones. We are living in comic fashion, all the more

comic the more apparently tragic is the mask adopted put on. The comic

exists wherever life has no basis of inevitableness on which a stand is taken

without reserves. Never as now have we these lives without substance or art

– deracines from their own destiny – who let themselves float on the lightest


Ortega was commenting on the most striking phenomenon of the

twentieth century, the hegemony of parasitism which was attained through the

World Order. It was the Congress of 1815 at Vienna which unleashed the rats

from their nests, nor is it accidental that the Viennese School of Economics

has become the principal vehicle through which the World Order maintains

its political and financial power. After crushing Napoleon, the emerging

oligarchy, which owed no allegiance to any nation or to any philosophy of life,

attained power because it knew how to defeat its foes, the republicans and

individualists of Europe; but its foes had no idea how to combat, or even to

identify, its cleverly camouflaged enemy, because these people were a

biological throwback in the continuing development of humanity. They were

persons who were unable to become productive members of any society, and

who could exist only by maintaining a parasitic attachment upon a host.

Incredibly, they seized upon this striking difference as a sign that they had

been chosen to rule all of mankind ! Initially no more than a harmless

illusion, this self-deception was transformed into an evidence of

“superiority”. Their biological uniqueness, their committal to a parasitic mode

of life, became their principal advantage in attaining their goals. They setup

techniques of immediately recognizing each other in any part of the world.

They resolved to act always cohesively as well-trained and determined phalanx

against their unwitting opposition. They made full use of their qualities of

non-allegiance and nonalignment, which was actually enmity, undying hatred

towards all nations, races and creeds of the host peoples who tolerated their

presence. This freedom from all loyalties and moral codes of the kinds which

governed all other groups gave them an enormous tactical advantage over

those whom they planned to enslave and destroy.

The conspirators knew that their parasitic way of life would not be long

endured by any host. They had to set up a program to subdue and overcome

all governments, all religious creeds, all group loyalties, and replace them with

their own World Order, which would allow any type of perversion, as long as

the host peoples tolerated the presence of the parasite. The old morality had

been based upon the duties and responsibilities of the citizen to raise a family,

attend church, and support his nation. The “new morality”, the “liberation

theology”, swept away all duties of the citizen. He now only had single duty,

to obey the World Order. In return, he was relieved of duties, and was free to

gratify his “needs”, his sexual desires, perverted gratifications with children

and animals, abandonment of monogamous life. The new morality reduced

the citizen to a mere animal, which was what the World Order required in

order to perpetuate its parasitic way of life.

Society was now replaced by a mere facade of society. Only one crime

would be severely punished – any resistance to the World Order. Murder,

rape, arson, armed robbery, incest, child molestation, alcoholism, drug

addition, homosexuality – all would be excused as minor aberrations, as long

as the World Order was allowed to function without hindrance. One former

crime, treason, now vanished, because national loyalties no longer existed. No

one was expected to be “loyal” to the World Order, except its own members.

The host peoples, the slaves, would never be asked for loyalty – only for


Despite this new “tolerance”, which was in itself a revolution against

the innate moral codes of all peoples, many citizens continued to resist

enslavement by the World Order. Famines, riots, revolutions and wars were

instigated to get rid of the troublemakers, but a more universal restraint was

required. This was found in drugs. In Asia, for centuries assassins had been

sent to carry out their duties after being given quantities of drugs (assassin

comes from the word for hasheesh). The World Order realized that drugs

would provide the means of behavioral psychology or people control, which

they had been seeking. The opium clippers began to sail from England to the

Far East. By pushing drugs among the Asian masses, they stupefied and

controlled them, reaping not only a substantial cash flow, but the raw

materials needed for their Industrial Revolution. In the twentieth century, the

foundations began to stupefy the European and American population with

drugs, the final step in the enthronement of the World Order. They had

eradicated the last serious resistance to their program.

All conspiratorial societies for the past thousand years have sought a

single goal – hegemony of parasitism. Bharati Darma holds that the world is

an order or Cosmos – that it is not chaos – it is not thrown together.

Parasitism’s existential philosophy holds that man is thrown into the world

without plan or program. This is the basic concept of parasitism, which finds

itself in the world with only one mission : to find a host or perish. Many

physicists now claim that the universe is the result of an accidental explosion

which threw its components hither and yon, with no plan or order, an

atheistic concept which denies that there is either a Logician or Logic to the

universe. Darma states that it is the desire for the life of form which produces

the universe, that there is a World Order by which the universe is upheld.

The parasite denies that there is a world order of the universe, or any

desire for form in the universe, or that any form exists. Therefore, the

parasite is free to impose his own World Order, which has no organic

relationship to the universe or to form. The hegemony of parasitism is

dedicated solely to maintaining its position on the host from which it draws all

of its sustenance. The host is the entire universe of the parasite; he knows

nothing beyond it, and desires to know nothing beyond it. Geoffrey LaPage

writes in “Parasitic Animals”, “Some species of parasitic animals are among

the most powerful enemies of man and his civilization.” He posits a Law of

Nature – that the parasite is always smaller and weaker than its host, and that

the parasite always disguises itself and its aim in order to carry out its parasitic

mission. LaPage says, “The struggle between host and parasite went on

according to the laws of evolution, and this battle is constantly being waged


LaPage notes that the parasite can cause biological change, citing

particular species which cause changes in the host’s reproductive glands. The

parasite sometimes castrates the host in order to weaken it, such as the

parasitic crustacean Sacculina, which destroys the reproductive organs of its

host, the short-tailed spider crab, Inacus Mautitanicus. We see the identical

process today in which the hegemony of parasitism seeks to alter the

reproductive process of the host by converting the younger generation to

unisex and homosexuality, and to render ineffective distinctive sexual

characteristics of male and female. This is a classic instance of castration by

the parasite.

The natural World Order, which is based upon the irrevocable laws of

the universe, has been temporarily replaced on Earth by the unnatural World

Order of the parasite. All of the programs and energies of the parasite are

devoted to a single goal, maintaining his feeding position upon the host.

Freudian psychology was developed by the parasitic order to neutralize the

incessant efforts of the host to throw off or dislodge the parasite. Any move

to dislodge the parasite is denounced as “reactionary”. It is defined and

outlawed as an act of aggression, hostility, and alienation. In fact, the host is

merely trying to survive by throwing off the parasite. Another law of nature is

that the parasite, not only by sucking off the life sustenance of the host, but

also by altering its life cycle, will inevitably kill the host. This process is called

“the decline and fall of civilization”.

LaPage notes that a parasite is not a particular species, but one which

has adopted a certain way of life, the way of the parasite. Whether or not it is

a virus, the parasite has a viral effect on the host, slowly poisoning and

destroying it. Viruses are classic parasites. The spirochete, virus of syphilis, is

a classic parasitic organism. In biological parlance, a collection of spirochetes

is known as a “Congress”.

The U.S. Congress has specifically chartered many parasitic functions in

the philanthropic foundations. These groups now dominate educational and

governmental institutions, laying down financial and social goals which are

designed solely to maintain the hegemony of parasitism through its World

Order. The American foundations are not even run by Americans; their

policies are formulated in London by the financiers and transmitted to this

country through the British Army Bureau of Psychological Warfare front

Tavistock Institute. This is a typical disguised parasitic operation.

Censorship and observance of its biological taboos are the basis of the

tribal rule of parasitism. The most stringent taboo, one which has never been

violated, is the taboo against any mention of parasitism as a force or power in

society. No newspaper, magazine, radio or television program, or school or

university course has ever been allowed to mention the societal impact of

parasitism ! It is the greatest and most universal taboo in the world today.

Michael Voslensky’s “NOMENKLATURA, The Soviet Elite” identifies the

Communist “new class” as a parasitic group. In reviewing this work in

FORTUNE Oct 15, 1984, Daniel Seligman notes, “Voslensky’s portrait leaves

us thinking that the Nomenklatura is an entirely parasitic operation. Its

interests are clearly not those of most Soviet citizens.” The same observation

can be made of the World Order’s ruling group in any nation today, and

particularly in the United States.

Despite its present hegemony, the World Order of parasitism realizes

that it is always subject to being dislodged, which, in effect, would mean its

destruction. Therefore, it is necessary to control not only the channels of

communication of the host, but his very thought processes as well; to

maintain constant vigilance that the host does not develop any concept of the

danger of his situation, or any power to throw off the parasite. Therefore, the

parasite carefully instructs the host that he exists only because of the “benign”

presence of the parasite – that he owes everything to the presence of the

parasite, his religion, his social order, his monetary system, and his educational

svstem. The parasite deliberately inculcates in the host the fear that if the

parasite happens to be dislodged, the host will lose all these things, and be left

with nothing.

Although the World Order has control of the legal system and the

courts, it remains vulnerable to any enforcement of the pre-existing body of

law which the host had formulated to protect his society. This body of law

forbids everything that the parasite is doing, and forces the parasite to

maintain a precarious existence outside of the law. It the law were to be

enforced at any time, the parasite would be dislodged. The existing body of

law clearly forbids the operation of criminal syndicates, which is precisely

what the hegemony of parasitism and its World Order is. Criminal

syndicalism denies the equal protection of the law to citizens. Only by acting

against criminal syndicalism can the state protect its citizens.

Corpus Juris Secundum 16: Constitutional Law 213 (10) states : “The

Constitutional guaranty of freedom of speech does not include the right to

advocate, or conspire to effect, the violent destruction or overthrow of the

government or the criminal destruction of property. 214 : The Constitutional

guaranty of the right of assembly was never intended as a license for illegality

or invitation for fraud – the right of freedom of assembly may be abused by

using assembly to incite violence and crime, and the people through their

legislatures may protect themselves against the abuse.”

The assembly of any World Order organization, such as the Council on

Foreign Relations or any foundation, is subject to the laws against fraud (their

charters claim they are engaged in philanthropy), and enforcement of the laws

against criminal syndicalism would end the institutions through which the

World Order illegally rules the people of the United States, the illegal

conspiracies and the introduction of alien laws into our system by the

foundations instructions to Congress.

We have already shown that the Rockefeller Foundation and other key

organizations of the World Order are “Syndicates”, which are engaged in the

practice of criminal syndicalism. But what is a “syndicate”? The Oxford

English Dictionary notes that the word stems from “syndic”. A syndic is

defined as “an officer of government, a chief magistrate, a deputy”. In 1601

R. Johnson wrote in Kingd and commonw “especiall men, called Syndiques,

who have the managing of the whole commonwealth.” Thus the Rockefeller

Foundation and its associated groups are carrying out their delegated function

of managing the entire commonwealth, but not for the benefit of the people,

or of any government except the secret super-government, the World Order,

which they serve. The OED further defines a syndic as “a censor of the

actions of another. To accuse.” Here too, the syndicate functions acording to

its definition – the syndicate censors all thought and media, primarily to

protect its own power. It also brings accusations – as many American citizens

have found to their sorrow. Not even Sir Walter Raleigh was immune. When

he interfered with the international money trade, he was accused of “treason”

and beheaded.

The OED defines a “syndicate” as follows : “3. A combination of

capitalists and financiers entered into for the purpose of prosecuting a scheme

requiring large sources of capital, especially one having the object of obtaining

control of the market in a particular commodity. To control, manage or effect

by a syndicate.” Note the key words in this definition – a combination –

prosecuting – obtaining control. The scheme does not require “large capital”

– it requires “large sources of capital”, the bank of England or the Federal

Reserve System.

Corpus Juris Secundum 22A says of Criminal Syndicalism, “In a

prosecution for being a member of an organization which teaches and abets

criminal syndicalism, evidences of crimes committed by past or present

members of the organization in their capacity as members is admissible to

show its character.” People v. LaRue 216 P 627 C.A. 276. Thus testimony

about John Foster Dulles financing the Nazi Government of Germany, his

telegram starting the Korean War, and other evidence can be used to indict

any member of the Rockefeller Foundation in any state or locality in which

the Rockefeller Foundation has ever been active in any way. Since these

organizations are all closely interlocked, and there is so much available

evidence of their illegal operations, it will be relatively simple to obtain

criminal convictions against them for their criminal syndicalist operations.

Corpus Juris Secundum 22, Criminal Law 185 (10); Conspiracy and

Monopolies : “Where the statute makes mere membership in an organization

formed to promote syndicalism a crime, without an overt act, this offense is

indictable in any county into which a member may go during the continuance

of his membership, and this is true although such member comes into a

county involuntarily. People v. Johansen, 226 P 634, 66 C.A. 343.”

Corpus Juris Secundum 22, Criminal Law sec. 182 (3) states, “A

prosecution for conspiracy to commit an offense against the U.S, may also be

tried in any district wherein any overt act in furtherance of the conspiracy is

performed. U.S. v. Cohen C.A.N.J. 197 F 2d 26.” Thus a publication by the

Council on Foreign Relations promoting the stripping of sovereignty of the

United States of America, mailed into any county of the U.S.; the county

authorities can bring the Council on Foreign Relations, or any member

therein, to trial in that county,and any action by any member of the Council

on Foreign Relations in the past is admissible as evidence, such as starting

World War Il, subsidizing the Nazi Government, or subsidizing the USSR.

Criminal syndicalism can also be prosecuted according to Corpus Juris

Secundum 46, Insurrection and Sedition : sec. 461 c. “Sabotage and

syndicalism aiming to abolish the present political and social system, including

direct action or sabotage.” Thus any program of a foundation which seeks to

abolish the present political or social system of the United States can be

prosecuted. Of course every foundation program seeks to accomplish just

that, and is indictable.

Not only individuals, but any corporation supporting criminal

syndicalism can be prosecuted, according to Corpus Juris Secundum 46 462b.

Criminal Syndicalism. “Statutes against criminal syndicalism apply to

corporations as well as to individuals organizing or belonging to criminal

syndicalist society; evidence of the character and activities of other

organizations with which the organization in which the accused is a member is

affiliated is admissible.”

Not only can the members of the World Order be arrested and tried

anywhere, since they function worldwide in their conspiratorial activities to

undermine and overthrow all governments and nations, but because their

organizations are so tightly interlocked, any evidence about any one of them

can be introduced in prosecuting any member of other organizations in any

part of the U.S. or the world. Their attempts to undermine the political and

social orders of all peoples make them subject to legal retribution. The People

of the U.S. must begin at once to enforce the statutes outlawing criminal

syndicalist activities, and bring the criminals to justice.

Being well aware of their danger, the World Order is working frantically

to achieve even greater dictatorial powers over the nations of the world. They

constantly intensify all problems through the foundations, so that political and

economic crises prevent the peoples of the world from organizing against

them. The World Order must paralyze its opponents. They terrorize the

world with propaganda about approaching international nuclear war, although

atomic bombs have been used only once, in 1945, when the Rockefeller

Foundation director Karl T. Compton ordered Truman to drop the atomic

bomb on Japan.

Because of the billions of lives which have been blighted and destroyed

by the conspiracies of the World Order through its hegemony of parasitism,

vengeance for these atrocities demands the most thoroughgoing and relentless

retribution against the criminal syndicalists. Their record is clear.

In 1984, as these words are written, we are observing the Year of 1984.

George Orwell’s book, written in 1949, was thought to be only a warning

against what was to come. It was not a warning. “1984” is the Program !

Orwell, a lifelong Socialist, fought for many days in the front lines for the

Communists in Spain. He was wounded, but this did not lessen his dedication

to the goals of World Socialism. The most practical way to achieve these

goals was to formulate the program, as Col. House had done in “Philip Dru,

Administrator”. Orwell laid down the dictum that slogans must be in

Newspeak, “War is Peace, Freedom is Slavery, Ignorance is Strength”. This is

the program of the hegemony of parasitism through the World Order. Orwell

posited three superstates, Eurasia, Oceania, and Eastasia, “permanently at war

in one combination or another”. He continues, “War, however, is no longer

the desperate annihilating struggle that it was in the early decades of the 20th

century. It is a warfare of limited aims, between combatants who are unable

to destroy one another, have no material cause for fighting, and are not

divided by an genuine ideological difference .... There is no longer in a

material sense anything to fight about ..... the balance of power will always

remain roughly even, and the territory which forms the heartland of each

superstate always remains inviolate (NOTE : The present writer has pointed

out that the CIA does not commit sabotage in Russia, and the KGB does not

commit sabotage in the U.S.) ... The primary aim of modern warfare (in

accordance with the principle of doublethink, the aim is simultaneously

recognized and not recognized by the directing brains of the Party) is to use

up the products of the machine without raising the general standard of living

.... the essential act of war is destruction, not necessarily of human lives, but of

the products of human labor. The two aims of the party are to conquer the

whole surface of the earth and to extinguish once and for all the possibility of

independent thought.”

Orwell concludes “1984” with a denial that the victims of the World

Order have any hope. He claims the World Order will always triumph, which

is a great propaganda achievement for the hegemony of parasitism. He writes,

“If you want a picture of the future, imagine a boot stamping on a human face

– forever.” He disposes of his “hero”, a citizen who had vainly tried to

oppose the Party, by ending the book with the “hero” whimpering that “He

loved Big Brother”.

The peoples of the world not only will never love Big Brother, but they

will soon dispose of him forever.

To maintain the present hegemony of parasitism, the World Order

program for the future, as drawn up by the foundations, is as follows : Small

wars from 1985 to 1990. Global war from 1990-2000. The gradual

annihilation of the populations of the United States, Canada and Western

Europe. The reduction of world population from the present 4.85 billion to 1

billion, the number it had attained in 1800, solving the disastrous pollution of

air and water and the exhaustion of natural resources. After the

“readjustment”, as the Five Masters term their program of extermination, the

world’s predominant race will be the Chinese, 500 million. The African tribes

will be heavily armed, and allowed to settle their ancient tribal rivalries,

resulting in their almost complete extinction with conventional weapons. The

few survivors will be allowed to revert to their primitive conditions, which will

reduce their numbers even further. The Five masters will then be able to

return to the “open continent” which had been enjoyed by King Leopold and

the Rothschilds in the 1880s, allowing them to renew their profitable trade in

copper, ivory and slaves.

The warfare being waged by the members of the World Order against

the peoples and institutions of every nation has now reached the point of

critical mass. Their determination to gradually weaken and destroy all the

institutions of all societies, governments, and religions, in order to wreak their

will on the helpless peoples of the world, is meeting more and more

opposition. At the same time, because of the common goals and close

interlocking of its principal agents, the foundation, the members of the World

Order incur increasing danger of being recognized and exposed. The parasite

must maintain his disguise, if he is to carry out his mission.

In this crucial time, the Light of the Truth will expose the machinations

of the World Order and condemn them to their inevitable retribution. Freed

from this plague, the world will enter upon a Golden Age of Peace, Justice

and Honor.