The Bush Family Nazi Connections
by William Bowles
"George Walker, GW's great-grandfather,
also set up the takeover of the Hamburg-America Line, a cover
for I.G. Farben's Nazi espionage unit in the United States. In
Germany, I.G. Farben was most famous for putting the gas in gas
chambers; it was the producer of Zyklon B and other gasses used
on victims of the Holocaust. The Bush family was not unaware of
the nature of their investment partners. They hired Allen Dulles,
the future head of the CIA, to hide the funds they were making
from Nazi investments and the funds they were sending to Nazi
Germany, rather than divest."
"On October 20, 1942, the US Alien
Property Custodian, under the "Trading With the Enemy Act,"
seized the shares of the Union Banking Corporation (UBC), of which
Prescott Bush was a director and shareholder. The largest shareholder
was E. Roland Harriman. (Bush was also the managing partner of
Brown Brothers Harriman, a leading Wall Street investment firm.)
"The UBC was established to send
American capital to Germany to finance the reorganization of its
industry under the Nazis. Their leading German partner was the
notorious Nazi industrialist Fritz Thyssen, who wrote a book admitting
much of this called "I Paid Hitler."
"Among the companies financed was
the Silesian-American Corporation, which was also managed by Prescott
Bush, and by his father-in-law George Herbert Walker, who supplied
Dub-a-Ya with his name. The company was vital in supplying coal
to the Nazi war industry. It too was seized as a Nazi-front on
November 17, 1942. The largest company Bush's UBC helped finance
was the German Steel Trust, responsible for between one-third
and one-half of Nazi iron and explosives.
"Prescott Bush was also a director
of the Harriman Fifteen Corporation, (this one owned largely by
Roland's brother, Averell Harriman), which owned about a third
of the Consolidated Silesian Steel Corporation, the rest owned
by Friedrich Flick, (a member of Himmler's "Circle of Friends"
who donated to the S.S.)."
John Loftus, a former U.S.Department of
Justice Nazi War Crimes prosecutor is the source of the following:
"From 1945 until 1949, one of the
lengthiest and, it now appears, most futile interrogations of
a Nazi war crimes suspect began in the American Zone of Occupied
Germany. [The interrogation of] [m]ultibillionaire steel magnate
Fritz Thyssen-the man whose steel combine was the cold heart of
the Nazi war machine."
They were trying to find out what had
happened to Thyssen's billions but without success. Why?
"What the Allied investigators never
understood was that they were not asking Thyssen the right question.
Thyssen did not need any foreign bank accounts because his family
secretly owned an entire chain of banks. He did not have to transfer
his Nazi assets at the end of World War II, all he had to do was
transfer the ownership documents - stocks, bonds, deeds and trusts--from
his bank in Berlin through his bank in Holland to his American
friends in New York City, Prescott Bush and Herbert Walker. Thyssen's
partners in crime were the father and father-in-law of a future
President of the United States.
"The British and American interrogators
may have gravely underestimated Thyssen but they nonetheless knew
they were being lied to. Their suspicions focused on one Dutch
Bank in particular, the Bank voor Handel enScheepvaart, in Rotterdam.
This bank did a lot of business with the Thyssens over the years.
In 1923, as a favor to him, the Rotterdam bank loaned the money
to build the very first Nazi party headquarters in Munich.
"If the investigators realized that
the US intelligence chief in postwar Germany, Allen Dulles, was
also the Rotterdam bank's lawyer, they might have asked some very
interesting questions. They did not know that Thyssen was Dulles'
client [my emph. WB] as well. Nor did they ever realize that it
was Allen Dulles's other client, Baron Kurt Von Schroeder who
was the Nazi trustee for the Thyssen companies which now claimed
to be owned by the Dutch [my emph. WB]. The Rotterdam Bank was
at the heart of Dulles' cloaking scheme, and he guarded its secrets
"[T]he Dutch connection remained
unexplored until 1994 when I published the book "The Secret
War Against the Jews." As a matter of historical curiosity,
I mentioned that Fritz Thyssen (and indirectly, the Nazi Party)
had obtained their early financing from Brown Brothers Harriman
[my emph. WB], and its affiliate, the Union Banking Corporation.
Union Bank, in turn, was the Bush family's holding company for
a number of other entities, including the "Holland American
"The enormous sums of money deposited
into the Union Bank prior to 1942 is the best evidence that Prescott
Bush knowingly served as a money launderer for the Nazis. Remember
that Union Banks' books and accounts were frozen by the U.S. Alien
Property Custodian in 1942 and not released back to the Bush family
until 1951. At that time, Union Bank shares representing hundreds
of millions of dollars worth of industrial stocks and bonds were
unblocked for distribution. Did the Bush family really believe
that such enormous sums came from Dutch enterprises? One could
sell tulip bulbs and wooden shoes for centuries and not achieve
those sums. A fortune this size could only have come from the
Thyssen profits made from rearming the Third Reich, and then hidden,
first from the Nazi tax auditors, and then from the Allies."
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