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and the Nazi Party, and A.E.G. also financed Hitler both directly and indirectly through
Osram. International General Electric in New York was a major participant in the
ownership and direction of both A.E.G. and Osram. Gerard Swope, Owen Young, and A.
Baldwin of General Electric in the United States were directors of A.E.G. However, the
story does not stop at General Electric and financing of Hitler in 1933.
In a previous book, Wall Street and the Bolshevik Revolution, the author identified the role
of General Electric in the Bolshevik Revolution and the geographic location of American
participants as at 120 Broadway, New York City; the executive offices of General Electric
were also at 120 Broadway. When Franklin Delano Roosevelt was working in Wall Street,
his address was also 120 Broadway. In fact, Georgia Warm Springs Foundation, the FDR
Foundation, was located at 120 Broadway. The prominent financial backer of an early
Roosevelt Wall Street venture from 120 Broadway was Gerard Swope of General Electric.
And it was "Swope's Plan" that became Roosevelt's New Deal  the fascist plan that
Herbert Hoover was unwilling to foist on the United States. In brief, both Hitler's New
Order and Roosevelt's New Deal were backed by the same industrialists and in content were
quite similar  i.e., they were both plans for a corporate state.
There were then both corporate and individual bridges between FDR,s America and Hitler's
Germany. The first bridge was the American I.G. Farben, American affiliate of I.G. Farben,
the largest German corporation. On the board of American I.G. sat Paul Warburg, of the
Bank of Manhattan and the Federal Reserve Bank of New York. The second bridge was
between International General' Electric, a wholly owned subsidiary of General Electric
Company and its partly owned affiliate in Germany, A.E.G. Gerard Swope, who formulated
FDR's New Deal, was chairman of I.G.E. and on the board of A.E.G. The third "bridge"
was between Standard Oil of New Jersey and Vacuum Oil and its wholly owned German
subsidiary, Deutsche-Amerikanisehe Gesellschaft. The chairman of Standard Oil of New
Jersey was Walter Teagle, of the Federal Reserve Bank of New York. He was a trustee of
Franklin Delano Roosevelt's Georgia Warm Springs Foundation and appointed by FDR to a
key administrative post in the National Recovery Administration.
These corporations were deeply involved in both the promotion of Roosevelt's New Deal
and the construction of the military power of Nazi Germany. Putzi Hanfstaengl's role in the
early days, up to the mid-1930s anyway, was an informal link between the Nazi elite and
the White House. After the mid-1930s, when the world was set on the course for war, Putzis
importance declined  while American Big Business continued to be represented through
such intermediaries as Baron Kurt von Schroder attorney Westrick, and membership in
Himmler's Circle of Friends.
Footnotes:
1
William E. Dodd, Ambassador Dodd's Diary, 1933-1938, (New York:
Harcourt, Brace & Co., 1941), p. 360.
2
Ernst Hanfstaengl, Unheard Witness, (New York: J.B. Lippincott, 1957), p.
28.
3
Ibid., p.
4
Ibid., p. 52.
5
Ibid., p. 53.
6
Ibid., p. 59.
7
Ibid., p. 122.
8
Ibid., pp. 197-8.
9
Ibid., p. 214.
10
Ladislas Farago, The Game of the Foxes, (New York: Bantam, 1973), p. 97.
11
Ibid., p. 106.
12
Ernst Hanfstaengl, Unheard Witness, op. cit., p. 76.
13
Ibid.
14
Ibid., pp. 310-11.
15
Dustbin report EF/Me/1. Interview of Thyssen, p. 13.
16
Hjalmar Horace Greeley Schacht, Confessions of" The Old Wizard," (Boston:
Houghton Mifflin, 1956), p. 276.
17
George Dimitrov, The Reichstag Fire Trial, (London: The Bodley Head,
1934), p. 309.
18
Ibid., p. 310.
19
Ibid., p. 311.
20
Helmut Magers, Ein Revolutionar Aus Common Sense, (Leipzig: R. Kittler
Verlag, 1934).
21
Nixon, Edgar B., Editor, Franklin D. Roosevelt and Foreign Affairs,
(Cambridge: The Belknap Press of Harvard University Press, 1969), Volume 1:
January 1933-February 1934. Franklin D. Roosevelt Library. Hyde Park, New
York.
BACK
CHAPTER NINE
Wall Street and the Nazi Inner Circle
During the entire period of our business contacts we. had no inkling of
Farben's conniving part in Hitler's brutal policies. We offer any help we can
give to see that complete truth is brought to light and that rigid justice is done.
(F. W. Abrams, Chairman of the Board, Standard Oil of New Jersey, 1946.) [ Pobierz całość w formacie PDF ]